Author: Ifetayo Adeniyi

Queen Lateefah clicks 57.7mn in opening weekend Wumi Toriola Queen Lateefah clicks 57.7mn in opening weekend “Grateful beyond words,” she wrote. Actress Wumi Toriola has expressed gratitude to her millions of fans following the impressive success of her debut cinema film, Queen Lateefah. The movie, which premiered last weekend, grossed an astounding 57.7 million Naira in its opening weekend. In an Instagram post, Toriola celebrated the achievement, noting that Queen Lateefah secured the highest Nollywood opening for a non-holiday weekend and also set a record as the biggest Nollywood opening weekend by an independent distributor. “Grateful beyond words,” she wrote.…

Police show solidarity by giving out water to protesters in Lagos Police show solidarity by giving out water to protesters in Lagos Showing their gesture and concern for the protesters, police officers handed out water to protesters on Tuesday. In  a video record shared by the Police Public Relations Officer, SP Benjamin Hundeyin, on X.com, showed police officers distributing packs of plastic water to the demonstrators. The protesters had gathered at the Ikeja Underbridge in Lagos State as the country marks the 2024 Independence Day to protest the hardship faced by Nigerians occasioned by government policies and programs. Watch video…

Mark Rutte, Now NATO’S Secretary General Mark Rutte … takes over at a challenging time for the Western defence alliance. Former Dutch prime minister Mark Rutte is now the secretary general of NATO after a handover ceremony at alliance headquarters in Brussels on Tuesday. Rutte thanked NATO allies for trusting him with the leadership role, succeeding former secretary general Jens Stoltenberg. “It is a big job, and I have big shoes to fill,” he said. NATO’s 32 members appointed Rutte during the summer after the Dutch politician secured the early backing of the United States, Germany and Britain inspite his…

Kemi Nandap shines as Chairperson of ECOWAS Heads of Immigration Forum Kemi Nandap Kemi Nandap shines as Chairperson of ECOWAS Heads of Immigration Forum. The Comptroller-General, Nigeria Immigration Service (NIS) Kemi Nandap, has emerged as Chairperson of the Economic Community of West African States (ECOWAS) Heads of Immigration Forum. This is contained in a statement by the Service Public Relations Officer (SPRO) Mr Kenneth Udo on Tuesday in Abuja. Udo said that the milestone occurred during the forum’s recent meeting in Banjul, Gambia, where 13 member states gathered to address migration and mobility challenges. He said that the meeting focused…

Dangote Refinery: Reasons For NNPC’s Offering First Phase Of Naira Crude Sale To Dangote Dangote Refinery: Reasons For NNPC’s Offering First Phase Of Naira Crude Sale To Dangote. The Nigerian National Petroleum Company (NNPC) is prioritising supplying naira-denominated crude oil to the Dangote Refinery in the first phase of a naira-for-crude scheme, a development expected to positively impact the domestic fuel supply chain and enhance transparency. Oil transactions in Nigeria are often conducted in US dollars, given the international nature of the oil market and the global reliance on the dollar for such trade. However, the Federal Executive Council recently…

NECO Candidates Required To Pay ₦50,000 For Certificate Reprints NECO Candidates Required To Pay ₦50,000 For Certificate Reprints NECO Candidates Required To Pay ₦50,000 For Certificate Reprints. The National Examinations Council (NECO) has announced that candidates will now be required to pay ₦50,000 for the reprinting of their certificates. This information was revealed by NECO Registrar, Dantani Wushishi in a statement made in Minna, Niger State. Wushishi noted that the ₦50,000 fee for certificate reprints is subject to periodic review. Furthermore, the council clarified that requests for certificate reprints will only be accepted within one year of the original certificate…

UBA Gives Out N2 Per Share Interim Dividend To Investors, While Share Price Rises 9.99% UBA HQ UBA Gives Out N2 Per Share Interim Dividend To Investors, While Share Price Rises 9.99% United Bank for Africa (UBA) stuned the stock market on Monday with the announcement of a record-breaking N2 per share interim dividend for its shareholders. This development, which marks the highest interim dividend payout among Nigerian banks in the first half of 2024, immediately ignited investor confidence, leading to a significant surge in UBA’s share price. The stock climbed by 9.99% to close at N28.30 per share, positioning…

While Nigeria Celebrates Independence Anniversary, Verve Cardholders Gifted Verve Cardholder With Gifts  As Nigeria Celebrates Independence Anniversary, Verve Cardholders Gifted As Nigeria Celebrates Independence Anniversary, Verve Cardholders Receive Gifts. In celebration of Nigeria’s 64th Independence anniversary, Verve, Naija’s Agba and Odogwu Card, has taken the celebration a notch higher by showering its cardholders with incredible gifts! Following the launch of the Verve GoodLife Promo 5.0 on August 15, cardholders have been enjoying a substantial 10 per cent discount at popular merchants like BuyPower, Chowdeck, The Place Restaurant, NNPC Retail Outlets, Addide, and more across Nigeria. Verve has made sure…

Guaranty Trust Fund Managers Ltd Unveils Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers Ltd Unveils Guaranty Trust Investment Fund 724 Guaranty Trust Investment Fund 724 will open for applications from September 30, 2024. Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty Trust Holding Company Plc, today announced the launch of the Guaranty Trust Investment Fund 724 (“Fund 724”), an open-ended, naira-denominated Unit Trust Scheme duly authorised and registered by the Securities and Exchange Commission, Nigeria (SEC). The Scheme lists 10,000,000 Units of ₦100.00 each in the Fund by way of…

Banking As UBA Records Growth In Gross Earnings, From N981.77Billion To N1.371Trillion Banking As UBA Records Growth In Gross Earnings, From N981.77Billion To N1.371Trillion In banking, Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange Limited (NGX) on Monday, showed that the bank recorded double-digit growth in its gross earnings and operating incomes. At the end of the first two quarters of the year, and despite the tough global macroeconomic…