Author: Ifetayo Adeniyi

Aare Adetola EmmanuelKing Congratulates Ogun State First Lady, Mrs. Bamidele Abiodun, on Her 57th Birthday The chairman/CEO Adron Group, Aare Adetola EmmanuelKing, has extended warm felicitations to Her Excellency, Mrs. Bamidele Abiodun, the First Lady of Ogun State, on the occasion of her 57th birthday. In his congratulatory message, Aare EmmanuelKing lauded Mrs. Abiodun’s unwavering dedication to the welfare of women and children in Ogun State, highlighting her numerous philanthropic activities and her pivotal role in community development. He commended her compassionate efforts in advocating for the rights and welfare of the less privileged, which have significantly impacted the lives…

President Tinubu approves N70,000 minimum wage for Nigerian workers President Bola Tinubu has approved N70,000 for the new minimum wage for Nigerian workers with promise to review the national minimum wage law every three years. The President announced this during a meeting with leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) at the presidential villa on Thursday. According the Presidential aide on media, Bayo Onanuga said the President also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage. “The Labour leaders applauded President Tinubu for the fatherly gesture…

Benchmark score for admission to Nigerian universities peg at minimum of 140 – JAMB Prof. Ishaq Oloyede, JAMB Registrar The Registrar of the Joint Admissions and Matriculation Board, Prof. Ishaq Oloyede, during the ongoing policy meeting in Abuja, The benchmark score is not the cut-off mark for admissions for all universities. Stakeholders in the education sector have agreed that no institution will go below 140 as a minimum benchmark score for admission into universities. According to Oloyede, JAMB does not set cutoff marks as various institutions had sent their minimum benchmark scores to JAMB. “JAMB does not set cut-off mark,”…

‘Shina,’ Timini Egbuson’s movie, is on Netflix’s top 10 chart Directed by Muyiwa Adesokun and Carmen Lilian-Ike-Okoro, this crime thriller follows a taxi driver in Lagos. He sets out to deliver a mysterious parcel in a bid to save his dying grandmother. Between July 8 to July 14 2024, the only Nollywood movie that made the Netflix Top 10 Chart in Nigeria was Shina, which has actor Timini Egbuson as its executive producer, new data from the streaming giant show. Shina has remained one of the top 10 most streamed movies in Nigeria since its release on June 14, 2024.…

National Theatre receives new look as Bankers’ Committee restores glory and create opportunities for youth in creative sector The Committee disclosed this to the media on Tuesday in Lagos during a media parley and tour of the new-look National Theatre complex. The Bankers’ Committee are on the verge of completing the renovation and upgrading of facilities at the National Theatre, Iganmu, Lagos; a development that could be best described as the restoration of national pride. The renovation exercise commenced in July 2021 following approval by the Federal Government and the subsequent handover of the national edifice to the Bankers’ Committee.…

Tinubu Appoints New Head Of Civil Service For The Federation The new appointee will take over from the incumbent Head of the Civil Service of the Federation, Folasade Yemi-Esan, who is due to retire on 13 August 2024. President Bola Tinubu has approved the appointment of Didi Esther Walson-Jack as Head of the Civil Service of the Federation, with effect from 14 August 2024. Mrs Walson-Jack was appointed as Federal Permanent Secretary in 2017 and has served in several ministries. President Tinubu, while thanking the outgoing Head of Service for her stewardship, tasks the incoming Head of Service to discharge…

Nigeria’s internet speed positioned as seventh-fastest in Sub-Saharan Africa Nigeria has become the seventh-fastest country in Sub-Saharan Africa for internet speed with an average download speed of 27.62 Mbps. This is based on the 2024 Worldwide Broadband Speed Report, which Cable.co.uk published on Tuesday. According to tests of internet speeds conducted in 220 countries, Nigeria climbed up the world speed rankings from 133rd in 2023 to 132nd in 2024. Nigeria ranked seventh in Africa, after the top six countries of Réunion, South Africa, Eswatini, Rwanda, Mauritius, and Botswana. Réunion with an average internet speed of 63.29 Mbps led Sub-Saharan Africa;…

Stanbic IBTC Bank Expands Securities Lending Services to Include Fixed Income Securities Stanbic IBTC Bank Limited, the leading custodial and investor services company in Nigeria, proudly announces the extension of its securities lending services to include fixed-income securities. This significant development marks a new milestone in the Nigerian capital market, providing clients with enhanced opportunities for income generation and increased market liquidity. With this development, institutional clients, both local and international, can now borrow and lend not just equities but also fixed-income securities such as Federal Government Bonds and Treasury Bills, offering them greater flexibility and diversified investment options. Babatunde…

A tech company to generate 3,000MW of electricity from waste for Nigeria The initiative will begin with a pilot phase that aims to produce 500 megawatts in five states: Benue, Oyo, Rivers, Plateau, and the Federal Capital Territory (FCT). SectorLead Ltd, a Nigerian tech company focused on converting waste into energy, has announced plans to enhance the country’s electricity supply by generating 3,000 megawatts. Speaking in Abuja following the inauguration of the firm’s Board of Directors on Tuesday, Adedayo Mustapha, MD/CEO of SectorLead Ltd, noted that the vision of the firm is to transform Nigeria into the first “zero waste…

General Superintendent, Pastor Kumuyi Dismisses Relocation To UK Claims Pastor Williams Kumuyi, the General Superintendent of Deeper Life Bible Church, has denied reports that he relocated to the United Kingdom (UK). pastor kumuyiRecall that a few weeks ago, Kumuyi faced heavy criticism from many Nigerians over a claim that he had relocated to the UK after advising Nigerians to support the administration of President Bola Tinubu. Reacting through the Facebook page of Cross River State Deeper Life, the clergyman said he did not relocate to the UK but was travelling from country to country for his global crusade. Kumuyi urged…