Daily Record

LBIC increases staff’s transport allowance by 50 percent

  MD, LBIC, Mr. Oluwatobiloba Lawal The Lagos Building Investment Company (LBIC) has raised staff’s transport allowance by 50% to offset impact of fuel subsidy removal and rising transportation costs. LBIC has taken a proactive step to support its staff members amidst the recent removal of petroleum subsidies and the …

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Donald Trump pleads not guilty to federal charges

Trump arrives Miami court Former U.S. President Donald Trump has pleaded not guilty to the 37 count federal charges as the historic hearing began in Miami, Florida. Trump, who will be 77 tomorrow, appeared at the Wilkie D. Ferguson Jr. US Courthouse alongside attorneys Chris Kise and Todd Blanche. He …

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Boardroom crisis rocks Heritage Bank, MD in mass sack in bid to oust ‘owners’ As Bank battles liquidation, struggles to stay afloat

  A seeming boardroom crisis that may rock troubled Heritage Bank to its foundation is currently brewing in the bank. Competent sources within the bank told THE WITNESS that the imbroglio involves the current managing director and chief executive of the bank, Mr. Akinola George-Taylor and some board members. Less …

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Falgore emerges Speaker of Kano Assembly

Honourable Jibril Samaila Falgore: Speaker of Kano state House of Assembly. Honourable Jibril Samaila Falgore, member representing Rogo constituency, has emerged the Speaker of Kano State House of Assembly. The new Speaker is a member of the ruling New Nigeria People’s Party (NNPP) which dominated the House of Assembly. More …

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FG to release practice code for ChatGPT, others

The National Information Technology Development Agency says it has begun drafting the Nigeria Code of Practice on the use of artificial intelligence such as ChatGPT, and others. The spokesperson, NITDA, Mrs Hadiza Umar, disclosed to our correspondent. She stated that while Nigeria has a national policy for AI, it is …

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TrustBanc shareholders approve N1.5bn capital injection

The shareholders of TrustBanc Holdings Limited have approved the injection of N1.5bn capital into its microfinance bank subsidiary, just as the parent company’s rating has been upgraded by DataPro from A to A+ with a stable outlook. According to a statement issued on Monday, the shareholders’ approval aims to further …

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