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Ayo Ogunsan celebrates AIG Odumosu over honorary doctorate

Written by 09 April, 2022
Founder/Chief Executive of Executive Group and Member of Board of Trustees, Lagos State Security Trust Fund (LSSTF) and Caleb University, Dr Ayo Ogunsan, has congratulated Assistant Inspector General of Police (rtd) Hakeem Odumosu on his conferment of a honorary Doctor of Arts (honoris causa) in National Security and Public Administration by the European American University, Republic of Panama.

ZENITH BANK’S SHAREHOLDERS EXCITED AS BANK PAYS N97.33 BILLION DIVIDEND

Written by 08 April, 2022
Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend, expressing delight at the final dividend payment of NGN2.80 per share which brings the total dividend for the 2021 financial year to NGN3.10 per share with a total value of NGN97.33 billion.

Speaker Obasa advocates better funding for Nigeria’s health sector

Written by 08 April, 2022
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has mentioned poor funding of the health sector in Nigeria as a hindrance to the country’s attainment of the Universal Health Coverage (UHC) target of the World Health Organisation (WHO).

The Federal Government will spend N6.2 billion to train youths in smartphone repair

Written by 07 April, 2022
The federal government has announced that it will spend N6.2 billion to train and equip 16,820 youths in smartphone repair in order for them to become financially self-sufficient. According to Vanguard, the Ministry of Humanitarian Affairs, Disaster Management, and Social Development announced the development on Wednesday, April 6. Sadiya Farouq, the minister who made the revelation while speaking at the launch of the N-Skills (Smart Phone Repairs) Programme in Bauchi, explained that the program is being used to pilot the N-Skills program, which is part of the N-Power non-graduate program. She stated that it is in line with President Muhammadu Buhari's goal of lifting 100 million Nigerians out of poverty in the next ten years. “The 6-week training is designed to equip target beneficiaries with life, vocational and entrepreneurship skills preparatory to the work-based learning during the 6 months apprenticeship. “This will enable the target beneficiaries to meet the minimum…

NRC confirms seven crew members missing, loses N80m over suspension of operation

Written by 06 April, 2022
The Nigerian Railway Corporation said on Tuesday, April 5, that it had still not been able to contact the 163 passengers and seven crew members who boarded the AK9 Abuja-Kaduna train on March 28, 2022, when it was attacked by terrorists. Fidet Okhiria, the NRC's Managing Director, revealed this in the corporation's sixth update on the train attack. He did, however, say that 191 passengers had been confirmed safe and were in their various homes with their families, and that work was being done to reopen the rail line. "191 persons on the manifest are now confirmed safe and at their various homes," Okhiria said of the 362 validated passengers who boarded the train. Today, five more people were confirmed safe. “46 phone numbers on the manifest are still either switched off or not reachable since Tuesday morning. 33 phone numbers on the manifest are ringing but still no response…

Reps committee investigation reveals NSITF failed to remit N3.8bn

Written by 06 April, 2022
According to the House of Representatives' ad hoc committee on unclaimed funds in commercial banks and CBN infractions, the Nigerian Social Insurance Trust Fund (NSITF) owes the federal government N3.8 billion. The chairman of the committee, Unyime Idem, revealed this at the panel's ongoing investigative hearing on Tuesday, 5 April, according to The Cable. According to Idem, the sum represented the amount that the agency did not remit to the government from 2016 to 2018. According to him, the agency only submitted audited financial statements for this period, and the debt figure was calculated by the committee based on the documents it received. Idem also claimed that between 2015 and 2020, the National Business and Technical Examinations Board (NABTEB) failed to remit N268 million to the federal government. “These figures are extracted from documents that they submitted before us. I wonder what would happen by the time they fully submit…

Candidates will be charged an additional fee as JAMB raises the service charge due to the high cost of diesel.

Written by 05 April, 2022
Candidates who participate in the Joint Admissions and Matriculation Board's 2022 mock Unified Tertiary and Matriculation Examination must pay a service charge of N1,000 to the CBT centers where they are assigned to sit for the examination. According to Punch, the board noted that it raised the service charges from N600 to N1,000 due to the high cost of diesel in the country. Due to the increase in the price of diesel in the country, JAMB promised to provide soft-landing for CBT centers. The board also reiterated that the mock examination is entirely optional. The board made this disclosure in its weekly bulletin, which was made available in Abuja on Monday, 4 April, by the JAMB's Head of Media and Public Relations, Dr Fabian Benjamin. The mock exam would take place on Saturday, April 9, 2022. “All candidates who had indicated their interest to sit the optional Mock-UTME are to…

Parthian Securities to Hold Investment Clinic on ETFs in Nigeria

Written by 29 March, 2022
Parthian Securities Limited is set to host the investing public to a virtual Investment Clinic themed, "Exchange Traded Funds (ETFs): What they are and how to access them in Nigeria" on Thursday, March 31, 2022, at 2:30 pm WAT.