Author: Ifetayo Adeniyi

Sustainability Week: Dangote Cement Reaches out to people in Kogi Celebration as Dangote Cement reaches out to people in Kogi.  Dangote Cement Plc, Obajana Plant, has carried out a series of community service and public awareness programmes as part of its activities for this year’s Sustainability Week in Kogi State. Speaking, Dr. Eseosa Ighile, Head of the Sustainability Department at Dangote Cement Plc, Obajana, highlighted that the company was using Sustainability Week to engage with and support local communities through donations and outreach. She said: “Obajana Sustainability Champions visited the Ministry of Mercy orphanage in Lokoja, providing essential supplies, food…

VerveLife 7.0 Grand Finale: Ulisses, King of Squats to Headline Africa’s Biggest Fitness Party! Africa’s Biggest Fitness Party! The grand finale of the seventh edition of VerveLife, Africa’s biggest fitness party, is finally here! Powered by Verve, Africa’s leading payments card and token brand, VerveLife 7.0 is set to ignite Lagos with an unforgettable fusion of fitness, fun, and exciting beats! Following a lineup of satellite events across Nigeria, Kenya and Uganda, the VerveLife grand finale themed, ‘Fit ‘n’ Lit’, will be going down on November 2, 2024, at the Landmark Event Center, Victoria Island, Lagos, with the workout session…

FOR Q3 2024, NIGERIAN BREWERIES PLC RECORDS 74.9% GROWTH IN REVENUE FOR Q3 2024, NIGERIAN BREWERIES PLC RECORDS 74.9% GROWTH IN REVENUE Key Highlights • Revenue increased 75% • Gross profit increased by 36% • Marketing, Distribution, and Administration expenses increased by 45% Nigerian Breweries Plc, the foremost brewing company in Nigeria, has recorded a 75% revenue growth for the 9 month period ended 30th September 2024, relative to the corresponding period in 2023. The revenue recorded for the company stood at N703billion, as against N402 billion, which was recorded in the corresponding period in 2023. According to the unaudited…

Sterling One Foundation, Ready To Host ESG Series 4.0, Collaborates with Other Organizations Sterling One Foundation, Ready To Host ESG Series 4.0 In Collaborations. As environmental, social, and governance (ESG) principles continue to gain traction globally, Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their operations. ESG has evolved from a trend to a strategic necessity for companies aiming to manage risks, meet regulatory requirements, and align with the expectations of investors and stakeholders. In response to this growing significance, Sterling One Foundation, in partnership with PwC, NGX, UNIDO Investment and Technology Promotion Office (ITPO) Nigeria,…

Union Bank Projects New Industry Standard with Comprehensive Maternity Leave and Onsite Crèche Facility …aligns with global sustainability goals. Union Bank has set a new standard in Nigeria’s financial sector by offering unparalleled comprehensive maternity leave to support working mothers and an on-site crèche facility to support working parents, both male and female full-time employees. The new initiative includes an industry-leading five months of fully paid maternity leave, exclusive of the applicable annual leave, and an on-site crèche facility. According to Section 54 of the Labour Act in Nigeria, new mothers are legally entitled to 12 weeks of maternity leave.…

Ooni of Ife, Afenifere Back Gbenga Daniel’s South-West Development Commission Bill, Urge Tinubu to Prioritize Regional Infrastructure The Ooni of Ife, Oba Adeyeye Ogunwusi, alongside the leadership of the prominent socio-cultural group Afenifere, has expressed strong support for the South West Development Commission, which was sponsored by Otunba Senator Gbenga Daniel in the National Assembly. During a visit to the Ooni’s palace in Ile-Ife on Tuesday, led by Afenifere chieftain Senator Femi Okurounmu to commemorate the Ooni’s 50th birthday, the group commended the National Assembly for passing the bill establishing the Commission. Okurounmu, speaking on behalf of Afenifere’s national leader,…

Bola Tinubu reshuffles, reassigns Ministers to new portfolios Bola Tinubu reassigns Ministers to new portfolios President Bola Tinubu has made significant changes to his cabinet, dismissing five ministers and reassigning 10 others to new portfolios. The ministers who are reassigned to new portfolios are as follows: S/N | Name of Minister | Current Designation of Minister | New Designation of Minister 1. Hon Dr Yusuf Tanko Sununu | Minister of State, Education Minister of State | Humanitarian Affairs and Poverty Reduction 2. Dr. Morufu Olatunji Alausa | Minister State, Health | Minister of Education 3. Barr. Bello Muhammad Goronyo |…

Tendering her apology, Halima Abubakar pleads with Apostle Suleman for false allegations Halima Abubakar Tendering her apology, Halima Abubakar pleads with Apostle Suleman for false allegations. Halima Abubakar, Nollywood actor, has pleaded to Apostle Johnson Suleman of Omega Fire Ministries for defaming him. She admitted to spreading falsehood against Suleman and causing him pain via social media. The drama between Halima Abubakar and Apostle Suleman started in 2022 when the actress became bedridden following her altercation with the clergyman. While sick, the actress’s family took to social media to call out the clergyman to stay away from her. But, many…

‘Supremos FC,’ Don Jazzy’s football club, participates in Lagos Liga Don Jazzy ‘Supremos FC,’ Don Jazzy’s football club, participates in Lagos Liga. Renowned music executive and record label boss, Michael Collins Ajereh, also known as Don Jazzy has reacted to the news of his new football club, ‘Supremos FC’ joining the Lagos Liga 2024. A few months ago, Don Jazzy reportedly launched a football club after foreign investor acquired his record label, Mavins. This comes barely two months after Afrobeat musician, Burna Boy launched his football academy. Burna Boy had in August 2024, launched his football academy. Sharing the news…

Binance executive Gambaryan discharged at last – FG Binance executive, Tigran Gambaryan Binance executive Gambaryan breathes air of freedom.  The Federal Government, on Wednesday, withdrew the money laundering charges preferred against Tigran Gambaryan, an executive of Binance Holdings Limited. Gambaryan, facing money laundering charges totalling $35 million brought against him by the Economic and Financial Crimes Commission, was discharged on health grounds and due to diplomatic pressure. EFCC’s counsel, R. U. Adagba, informed Justice Emeka Nwite during Wednesday’s proceedings of the Federal Government’s decision to withdraw the charges against the detained crypto executive due to his ill health. However, she…