Author: Ifetayo Adeniyi

Stanbic IBTC Secures Multiple Prestigious Honours at the 2024 FMDQ Gold Awards Stanbic IBTC Secures Multiple Prestigious Honours at the 2024 FMDQ Gold Awards Stanbic IBTC Holdings has reaffirmed its market leadership by securing multiple prestigious awards at the 2024 FMDQ Gold Awards. Recognised for its excellence, resilience, and innovation, Stanbic IBTC Bank received top honors in the following categories: FMDQ FX Market Liquidity Provider, FMDQ Dealing Member of the Year, and FMDQ Fixed Income Market Liquidity Provider. Stanbic IBTC Asset Management was honoured as the Most Active Buy-Side Participant in the Fixed Income Market, The FMDQ Gold Awards celebrate…

President Bola Tinubu For 2025-2027, FG gives approval to MTEF The Federal Government, on Thursday, approved the Medium Term Expenditure Framework for 2025-2027 and the Fiscal Strategy Paper. According to the MTEF, the proposed budget size stands at N47.9tn, with new borrowings of N9.22tn. The Minister of Budget and Economic Planning, Abubakar Bagudu, disclosed the details to State House correspondents after this week’s Federal Executive Council meeting at the Aso Rock Villa, Abuja. Bagudu said, “The Federal Executive Council approved a memorandum by the Ministry of Budget and Economic Planning, presented by the Director General of the Budget Office, Tanimu…

Onne Port: Firefighting trucks, launched by Terminal to improve on safety, services Firefighting trucks with other equipments were launched by Terminal to improve on safety and services. The West Africa Container Terminal in Onne Port, Rivers State, has unveiled a firefighting truck, a recovery tow truck, and a water bowser truck to enhance safety at the terminal. In a statement on Thursday, the terminal explained that the move was part of efforts to mark the 2024 Annual Global Safety Day at the port. The statement added that the event, themed “Be Curious Because We Care,” reflects the terminal’s primary priority:…

King Charles marks his 76th birthday amidst health struggles (FILES) Britain’s King Charles III, wearing the Imperial State Crown and the Robe of State, sits on The Sovereign’s Throne in the House of Lords chamber, during the State Opening of Parliament, at the Houses of Parliament, in London, on November 7, 2023. – (Photo by Leon Neal / POOL / AFP) Amidst health struggles, King Charles marks his 76th birthday, unstoppable. Britain’s head of state King Charles III turns 76 on Thursday, still in the grip of cancer treatment but with his passion for work undimmed by what his son…

Africa CDC endorses first locally made mpox test from Morocco Africa CDC endorses first locally made mpox test from Morocco. The African Union’s health watchdog announced on Thursday that it has endorsed an mpox test from Morocco, describing it as a “major milestone” in efforts to combat the outbreak on the continent. The announcement comes three months after the Africa Centres for Disease Control and Prevention (Africa CDC) declared the mpox outbreak a public health emergency. In a statement posted on X on Thursday, the CDC said it has recommended what it described as the first locally produced real-time PCR…

Globe Soccer Awards: Lookman, Ronaldo, Messi, among nominees Lookman The bests around the globe are nominated. Nigerian winger Ademola Lookman has been named among the nominees for the 2024 Best Men’s Player award, part of the annual Globe Soccer Awards hosted by the Dubai Sports Council. The Globe Soccer Awards made the announcement on Thursday via X. The former Leicester City and RB Leipzig star, now excelling with Atalanta in Serie A, joins an elite group of football’s biggest names, including superstars Lionel Messi, Cristiano Ronaldo, Kylian Mbappé, and Erling Haaland. The full list of nominees features a mix of…

NNPC Achieves 1.8m Barrels Crude Oil Production Per Day 2m Barrels Crude Oil Production Per Day Achievable. The Nigerian National Petroleum Company Limited (NNPC) announced that it has achieved production of 1.8 million barrels of crude oil per day. NNPCL announced this on Thursday, stating that it is set to hit the two million barrels per day target set by President Bola Tinubu by December 2024. The petroleum company also revealed that it is now producing 7.4 million standard cubic feet of gas to power the gas infrastructure, especially the AKK. This feat is an improvement from 6.1 million standard…

Bowen’s VC Showers Praises On Globacom’s Strides In Quality Service Delivery Bowen’s VC Showers Praises On Globacom’s Strides In Quality Service Delivery. Globacom has received commendation from the Vice Chancellor of BOWEN University, Iwo, Osun State, Professor Jonathan Oyebamiji Babalola, for consistently delivering digital services to the university over the years. This acclamation was made by Professor Babalola during a business meeting in his office at the University of Iwo in Osun State, when he hosted a team from Globacom’s Enterprise Business Group. The VC conveyed how much he enjoyed working with Globacom and encouraged the company to keep up…

The Access Bank (UK) Limited To Acquire Mauritius-Based AfrAsia Bank Limited Access Holdings PLC (“Access Holdings”) has announced that its banking group’s, subsidiary, The Access Bank UK Limited (“the Access UK”) has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited (“AfrAsia Bank”), the Republic of Mauritius’ third largest bank by total assets. Mauritius, renowned for its robust financial services sector which contributes 13.4% to its Gross Domestic Product, provides Access UK with a solid foundation to expand its operations in the high-growth personal and corporate banking segments. Furthermore, Access Bank will utilise…

Nigerian doctor, artist celebrates creativity with world’s largest drawing to laud country’s cultural values Largest drawing by an individual. Entitled The Unity of Diversity. Nigerian doctor, artist celebrates creativity with world’s largest drawing to laud country’s cultural values. Nigerian doctor and artist celebrates creativity with world’s largest drawing to laud country’s cultural values. Fola, 31, explained: “The drawing is a map of Nigeria showing the various cultures. “The Nigerian country is a multi-cultural nation. I wanted to create something that speaks to that and give people an avenue to celebrate their cultures. “Before embarking on this record drawing, I…