Author: Saint Augustine

The Oyo State government has said it would work with Education Secretaries, and Heads of Sections in all local governments towards shutting down substandard primary schools in the state. The Commissioner for Education, Science and Technology, Prof. Soliu Abdulwaheed Adelabu, in a meeting with basic education stakeholders on Wednesday said “mushroom” schools would not be allowed to operate in Oyo State. Speaking in Ibadan, he said the Ministry and OYOSUBEB will work closely with relevant stakeholders to tighten the noose on operators of mushroom Primary schools. He charged the Education Secretaries, Heads of Sections in the 33 Local Government areas…

Wife of the Kebbi State Governor and Founder Nasara Foundation, Hajia Zainab Nasare Nasir Idris has received  a prestigious life membership Certificate Award following her participation at the International Women Empowerment Assembly, organized by the Global Peace Foundation and Global Peace Women in  Philippines. The global event brought together leaders and influencers dedicated to women’s empowerment, peace, and sustainable development. The International Women Empowerment Assembly is a pivotal event dedicated to promoting women’s empowerment, and advancing the rights of women, it also  serves as a platform for influential women leaders who come together and collaborate on initiatives that will uplift…

An exceptional affirmation to Moniepoint’s unparalleled contributions to Nigeria’s financial services sector came in the form of two distinguished accolades at the prestigious 2023 Brandcom Awards.  Moniepoint Inc. received critical acclaim as it earned the “Award for the Most Outstanding Fintech Company in Financial Inclusion,” while Moniepoint Microfinance Bank secured the “Award for the Most Outstanding Microfinance Bank in Consumer Engagement.” These accolades signpost the company’s remarkable commitment to enhancing financial inclusion and delivering outstanding services to its customers. Now in its fifth year, the 2023 Brandcom Awards ceremony, held in a glitzy event at the Civic Centre, Lagos, brought…

The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission, NCC, Dr. Aminu Maida has said that robust Information and Communication Technology, ICT systems are critical for preventing/investigating financial crimes or mitigating the risks associated with virtual assets in financial markets. Maida who stated this in a paper he presented at the 11th Anniversary Lecture Series of the RealNews Magazine at the Ikeja Sheraton Hotel, Lagos on Tuesday said that those systems facilitate compliance with established standards or regulations, provide a platform that allows the monitoring, tracing, and analyzing of digital transactions in real-time. Represented by the Director, Public…

…Seek government’s attention to the plights of lepers  Thirty-one persons were beneficiaries of free medical care and drugs at the Alabarago Lepers’ Community in Ojo, Lagos at the weekend. God’s Love Ministries, in collaboration with The Fount of Love Foundation, led a team of doctors for a medical outreach to the Lepers’ Community on Sunday. The medical intervention was the first of its kind recorded at the community of sick and malnourished citizens living in abject poverty, despite their close proximity to Africa’s largest electronics market, Alaba International Market. Speaking with journalists during the outreach, the Coordinator of God’s Care…

…To benefit 2,500 pupils As part of its Educational Support programme under the Corporate Social Responsibility, CSR,, Dangote Cement Plc, last weekend commissioned and handed over several multi-million naira rehabilitated educational infrastructure in Lagos Island, Lagos State. The projects expected to benefit over 2,500 pupils included installed 5kva Solar Power source to power the ICT centers at Kuramo Junior College, Victoria Island; Victoria Island Senior School, Victoria Island, and Girl’s Senior Secondary School, Obalende, Lagos, while the Cement company also rehabilitated and equipped with furniture, the school library of Girls Junior Secondary School, Obalende. It also renovated and equipped with…

Cadbury Nigeria Plc has announced a turnover of N59.2 billion for the nine-month period ended 30 September 2023, representing an increase of 39 percent over N42.54 billion recorded in the same period in 2022.  This followed the approval of the unaudited financial statements by the Company’s Board of Directors. The Company’s gross profit rose by 95 percent from N8.4 billion in 2022, to N16.31 billion in 2023, while its operating profit for the period under review, increased by 191 percent from N3.3 billion to N9.65 billion. In a statement issued by the Company, Oyeyimika Adeboye, its Managing Director, attributed Cadbury…

Management of Dangote Industries Limited, DIL have revealed that the company has so far repatriated over USD 576,008,672.41 through various banks in Nigeria, in addition to a USD$111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus saving the same amount that would have been paid by the Central Bank of Nigeria, CBN. The company revealed this in a statement released to the media where it accused BUA Group of sponsoring fake and misleading news about its foreign exchange transactions approved by the CBN, which were meant for its pan-African operations. Dangote re-affirmed its determination and belief in…

Capital Market operators have said that the adoption of technology and embrace of financial technologies, Fintechs would birth innovative products in the capital market. This was stated by the Chief Executive, Central Securities Clearing System Plc, Haruna Jalo-Waziri at the 12th annual conference of the Institute of Capital Market Registrars over the weekend. The conference was themed, “Navigating Nigeria’s Economic Realities: The Transformative Power of Technology in the Capital Market.” Jalo-Waziri, who was represented by a Director at the CSCS, Tobe Nnadozie, said, “One of the reasons everyone had to accommodate the Fintechs in the banking space was that the…

…Donates grinding machines to widows, traders  Lagos Isolo Lions Club has installed Lion Mary Richards as the 41st President and other Club Officers during this year’s Investiture and Fund Raising Ceremony held at Samkoll Gardens, Ikotun, Lagos. The event presented the third Female President and created an opportunity for widows and traders to be empowered with grinding machines. Other club officers are; Wale Oyekanmi (1st Vice President), Chief Ezekiel Obasanjo (2nd Vice President), Adeleke (Secretary), Barr. Fasule Olasunkanmi (Asst. Secretary), Makinde Iyabode (Treasurer), Lola Shomefun (ClubTail Twister) and Prince Adele Akin (Club Tamer). During the installation ceremony, the District Governor…