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NIGERIA: SA to Lagos Governor Ambode, Deji Tinubu dies.

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The Special Adviser to Governor Akinwunmi Ambode on Commerce, Deji Tinubu, has died. According to reports, Deji was at a novelty march being played in Epe, yesterday January 25th, when he slumped. He was immediately rushed to a hospital in Epe where he was confirmed dead. Reason for his sudden death is yet unknown. Deji and members of the state executive were in Epe for a retreat.

The deceased was formerly the Chairman, Lagos Sports Commission and Special Adviser to the Governor on Sports. He was later made the Special Adviser on Sports alone.

At the recent Cabinet reshuffle by Governor Ambode, Deji was redeployed to Commerce and Industry as Special Adviser before his death.

Business

Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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