Author: Ifetayo Adeniyi

Henrietta Ugboh now Independent Non- Executive Director of UBA Board Henrietta Ugboh She has over 30 years experience in banking. Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment, said, “Henrietta Ugboh brings a track record of professional success, integrity and leadership, which will further strengthen the UBA Group Board, underlining once again the Group’s commitment to robust corporate governance.” Ugboh holds…

US President-Elect, Donald Trump Includes Elon Musk as Part of Cabinet Donald Trump US President-Elect, Donald Trump Includes Elon Musk as Part of Cabinet. Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency, Donald Trump said on Tuesday. Despite the name, the department will not be a government agency. Trump said in a statement that Musk and Ramaswamy will work from outside government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial…

Trade policies: Nigeria receives boost as export grows to N6.5tn Vice President Kashim Shettima Nigeria receives boost as export grows to N6.5tn, through policies. The Federal Government has announced that trade facilitation programmes implemented by the current administration have increased the country’s trade balance to N6.5tn in the second quarter of 2024. It stated that efforts to maximise economic opportunities ensured exports accounted for 60.89 per cent, or N19.42tn, of total trade, representing a slight increase of 1.31 per cent from N19.17tn in the first quarter of 2024, and a 201.76 per cent rise from N6.44tn in the second quarter…

CBN new capital requirement will help banks in financial inclusion Governor, Central Bank of Nigeria, Dr. Olayemi Cardoso “With a stronger capital base, banks can provide more loans and financial products to MSMEs, rural communities,…” The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that the new capital requirement for banks operating in the country will enhance their capacity to drive financial inclusion. Cardoso made this statement on Tuesday at the second International Financial Inclusion Conference themed, Inclusive Growth: Harnessing Financial Inclusion for Economic Development, held in Lagos. He said, “In line with its efforts to deepen…

President Tinubu recognises the efforts of Saro-Wiwa, other Ogoni martyrs President Bola Tinubu  President Tinubu recognises the efforts of Saro-Wiwa and other Ogoni martyrs. President Bola Tinubu has reaffirmed his administration’s commitment to fostering dialogue, reconciliation and healing among all ethnic nationalities that make up the great nation. In a special message commemorating the 2024 Ogoni Martyrs Remembrance Day, President Tinubu according to the statement by his Special Adviser on Information and Strategy, Bayo Onanuga, said he “stands in solidarity with the National Youth Council of Ogoni People (NYCOP) and all Ogoni citizens to honour those who made the ultimate…

Pastor Adeboye talks about oil refineries and those working against Nigeria’s development Pastor Adeboye Pastor Adeboye talks about oil refineries and those working against Nigeria’s development. The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray for divine intervention in the face of efforts by unscrupulous oil marketers to thwart the operations of the Dangote Petroleum Refinery, following the previous sabotage of Nigeria’s four state-owned refineries. The respected clergyman made the call for nationwide prayers during the November 2024 Abuja Special Holy Ghost Service themed ‘Total Restoration’, which held in the…

SAUDI CROWN PRINCE LAUDS TINUBU FOR REFORMS, PLEDGES ASSISTANCE President Tinubu and Saudi Crown Prince Saudi Crown Prince lauds Tinubu for reforms, pledges assistance. The Saudi Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, has assured Nigeria of support in its economic reform programmes. According to the statement signed on November 12, 2024, by Bayo Onanuga, Special Adviser to the President (Information & Strategy). The assurance came when the Crown Prince and President Bola Ahmed Tinubu met on Monday in Riyadh on the sidelines of the joint Arab-Islamic Summit. The two leaders…

Sanwo-Olu Presents New Onigbongbo LCDA Chairman Sanwo-Olu has presented new Onigbongbo LCDA Chairman. Lagos State Governor Babajide Sanwo-Olu has sworn in vice chairman of Onigbongbo Local Council Development Area (LCDA) as the council’s substantive chairman, days after the passing of the former chairman, Hon. Oladotun Olakanle. Barr. Rekiya Olufunke Hassan, 44, took the oath of office to succeed the late Olakanle at the low-key ceremony held in the precinct of the State House, Alausa. The event was attended by members of the State Executive Council, state leadership of the All Progressives Congress (APC), and key officials of the LCDA. Hassan,…

Ekiti Determined To Stop Mother To Child Transmission Of HIV/AIDS Ekiti has determined to stop mother to child transmission of HIV/AIDS. Ekiti State Governor, Mr Biodun Oyebanji has restated his resolve to bring an end to mother to child transmission of HIV/ AIDS in the state through effective collaboration with National Agency for the Control of AIDS (NACA) and other stakeholders in the health sector. This is to ensure that no child is born with the virus and to further reduce the HIV/AIDS prevalence rate in the state. Governor Oyebanji disclosed this on Monday evening, while playing host to the…

Abia Govt announces free education till JSS 3   Abia State Governor, Alex Otti [Twitter:@alexottiofr] Both indigene and none are inclusive in free education in Abia State. In a major policy shift, Abia State led buy Governor Alex Otti has announced free and compulsory education for all children from primary to junior secondary levels, effective from January 2025. The new initiative was unveiled by the Abia State Commissioner for Information, Prince Okey Kanu, following a State Executive Council meeting. Kanu highlighted the government’s commitment to improving educational access and quality for young Abians. “Education is free in Abia State up…