Author: Ifetayo Adeniyi

On Digital & Electronic Banking, Interswitch Organises Capacity Building Training For House of Reps Committee Mitchell Elegbe, Founder and Group Managing Director, Interswitch Group presents a Certificate of Participation to Rt. Hon. Emmanuel Ukpong-Udo (PhD), Chairman of the House Committee on Digital Economy, Federal House of Representatives at the 2-day Capacity Building Workshop hosted by Interswitch Group for the Honourable members in Lagos. As part of its sustained efforts to shape the financial services landscape in Nigeria, Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, recently organized a two-day capacity building training session for Honourable members…

Abiodun Promises Comfort, Says Governance Very Challenging, But Most Beautiful Experience of His Life … promises continuous support for the wellbeing of the people. Ogun State Governor, Prince Dapo Abiodun, has described the past five years of his administration as challenging, but added that his faith in God had brought the victory he desired. Speaking during his 64th Birthday and 5th Year Thanksgiving Service held in his honour at the Ogun State Government House Chapel, Oke-Igbein, Abeokuta, on Sunday, Governor Abiodun recalled his journey to power despite all odds, attributing his victory to God Almighty. He said: “The process through…

ECOWAS Extends $1 Million Aid To Nigeria For Terrorism Victims And Security Purpose Nigeria has received $1 million from the Economic Community of West African States (ECOWAS) to assist terrorism victims in the North East. ECOWAS also allocated $9 million to aid refugees, internally displaced persons (IDPs), and stateless individuals in its member nations. The Chair of the ECOWAS Permanent Representative Committee Musa Nuhu said this during the 2024 ECOWAS Ambassadors Retreat held in partnership with the United Nations High Commissioner for Refugees (UNHCR) in Port Harcourt, the Rivers State capital. This year’s retreat saw serious business, with all ECOWAS…

Fares return to original price as Lagos stops 25% rebate on bus, ferry and train Babajide Sanwo-Olu The Lagos Metropolitan Area Transport Authority (LAMATA) says the 25 per cent rebate on fares for regulated public bus, ferry and train services has ended. LAMATA made this known on its official X handle. “From June 3, fares on all regulated transport services in the state will return to the original 100 per cent,” it said. Recall that Governor Babajide Sanwo-Olu, on Feb. 23, announced a 25 per cent rebate on the fares to mitigate the impact of the removal of petrol…

Lagos Rivals in growth and development with a African countries – Gboyega Akosile • With the THEMES+ developmental agenda, Lagos is now being compared with countries like Ethiopia, Morocco, South Africa In its quest for growth and development in Lagos, as well as making life more comfortable for residents, Lagos State is now competing with countries in Africa and not states in Nigeria. This was disclosed on Sunday during a live interview on the Breakfast Xtra programme on News Central Television by the Special Adviser to the Lagos State Governor on Media and Publicity, Mr. Gboyega Akosile. Akosile said that…

Recognition as OGD, Kalu Honored, Receives Lifetime Achievements Award At 5th Timeline Nigeria Lecture It was a pure educative and rewarding atmosphere on Wednesday May 29th 2024 at the Radisson Blu Hotel Ikeja GRA during the 5th edition of Timeline Awareness Initiative Lecture and Awards. The event which emphasises responsible spreading of information under the topic News Reporting and Sensationalism: The Effects on National Security In Era of New Media, was a critical discourse that calls for attention, hence the organizers, led by Publisher of TimelineNG Online Newspaper, Yusuf Adeoye considered it for this year’s edition Highlighting the day was…

Aliko Dangote, pioneering a new paradigm of economic development for Africa’s self-sufficiency Aliko Dangote Africa is a resource-rich continent but relatively poor in terms of manufacturing goods. According to the 2023 African Trade Report by the African Export-Import Bank (Afreximbank), the 54 countries of Africa combined accounted for only about 2.9 per cent of global trade in 2022, slightly up from 2.7 per cent in 2021. This figure drops to 0.8 per cent when only manufactured goods are considered. Despite growing by 20.9 per cent to reach $1.43 trillion in 2022, Africa’s total merchandise trade remains marginal. In 2023, China’s…

Award: Akpata humbly received honour as  Democracy Icon Yesterday, I had the privilege of attending the Leadership Scorecard Public Lecture on Democracy in Africa, honouring the pivotal role played by Gen. Abdulsalami Abubakar, GCFR, in ushering in Nigeria’s democratic renaissance. The event, chaired by Senator Bukola Saraki, who was very ably represented, was also graced by H.E. Prof. Babagana Zulum, Governor of Borno State, and His Eminence, John Cardinal Onaiyekan, and featured a thought-provoking keynote address delivered by Prof. P.L.O. Lumumba, reflecting on 25 years of democracy in Nigeria. Gen. Abubakar’s leadership in 1999 paved the way for our nation’s…

Tinubu’s silent and unreported achievements But for the ministerial presentations on the achievements of the President Bola Tinubu administration in its first year, christened Ministerial Sectoral Update, which began on Tuesday May 21 at the National Press Centre in Abuja, many may not have known or appreciated the quantum of work that has been done by the government within such a short period of one year in office. This piece is not really about the re-engineering work that is being done on the economy, which is now recording a gradual growth. For instance, according to the National Bureau of Statistics,…

FirstBank Maintains Impressive Performance, Posts N238.53bln PBT in Q1 2024 Segun Alebiosu, Ag. CEO, FirstBank FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest banks in Nigeria sustained its fundamentals amid domestic and foreign challenges. From its Q1 2024 profit & loss figures, the Group declared N208.1 billion profit, which was about 315.8 per cent compared…