Dr. Temitope Ilori President Bola Tinubu has appointed Dr. Temitope Ilori as the new Director General of the National Agency for the Control of AIDS (NACA). This was confirmed in a statement signed by the agency’s Head of Public Relations and Protocol, Toyin Aderibigbe on Thursday. Ilori, whose appointment makes …
Read More »Naira Depreciation: CBN Moves Against Banks Using FX Revaluation Gains To Pay Dividend To Shareholders
The Central Bank of Nigeria (CBN) has moved against commercial banks using foreign currency revaluation gains to either pay dividends or meet operating expenses. The CBN made the disclosure in a circular, BSD/DIR/PUB/LAB/017/003, addressing all banks in the country. The CBN had last year campaigned against the use of gain …
Read More »Internet providers turn to Glo 1 as other undersea cables suffer outage
Internet providers in Nigeria have resorted to telecommunications company, Globacom as massive internet outages crippled other networks. The incident was attributed to a damage to international undersea cables supplying the country with connectivity. Glo 1, solely owned by Nigeria’s leading digital services company, Globacom, was not affected by the damage …
Read More »REDTV Premieres Season 2 of ‘When Are We Getting Married?’, Underscoring Support for African Creative Industry
REDTV, United Bank for Africa’s Lifestyle and Entertainment channel, proudly announces the highly-anticipated launch of the second season of its hit show – ‘When are we getting married’. The captivating series, renowned for its unique blend of romance, humour, and real-life relationship dynamics, promises its teeming viewers an even more engaging …
Read More »IWD: SIFAX Group Shares Food Items to 500 Ijora Residents
About 500 residents of Ijora community in Lagos have benefitted from free food items donated by SIFAX Group, a leading business conglomerate with business interests in maritime, aviation, oil & gas, financial services, and hospitality. The donation is part of the activities to mark this year’s International Women’s …
Read More »EFCC confused! Names ex-Kogi governor in amended corruption allegations perpetrated before he became governor
. Ali Bello, Suleman refute EFCC’s allegations in amended charges There was confusion on Thursday at the Federal High Court in Abuja, following amended charges filed against Alli Bello and Daudu Suleiman, including the immediate past Governor of Kogi State, in which the Economic and Financial Crimes Commission claimed they …
Read More »Airtel Africa commences construction of Nxtra by Airtel’s first data centre in Nigeria
Airtel Africa, a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa, has officially broken ground on its first data centre in Lagos, Nigeria. Nxtra by Airtel is set to be one of the largest networks of data centres in Africa, with …
Read More »Stanbic IBTC Transforms Education Landscape with Adoption of Four Schools
Stanbic IBTC, a leading financial service provider in Nigeria and a member of the Standard Bank Group, took a step towards enhancing education and fostering sustainable development in communities across Nigeria. The Group announced that it adopted four schools under its Adopt-a-School programme. The schools selected for adoption were …
Read More »Stanbic IBTC Pension Managers commits over N100m to the renovation of Yaba Psychiatric Hospital Ward
In a significant display of corporate social responsibility, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and a leading pension fund administrator in Nigeria, has renovated the Yaba Psychiatric Hospital Ward MS/F3 in Lagos, which includes female and male wings, as well as offices for medical personnel and …
Read More »305 HOST COMMUNITIES YOUTHS GRADUATED FROM DANGOTE CEMENT’S VOCATIONAL EMPOWERMENT PROGRAMMES
…OGUN GOVT GIVES KUDOS TO IBESE PLANT No fewer than 305 youths from the Dangote Cement Ibese plant’s 17 host communities have so far been trained and empowered with multi-million Naira start-up packs in different vocations since the commencement of operations by the Cement Company in Ibese, the Company management …
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