Author: Ifetayo Adeniyi

Politics: Fubara Wins As Court Voids Tenure Extension For Rivers LGA Chairmen A Rivers State High Court sitting in Port Harcourt has voided the tenure extension for local government chairmen in the state. This was as the court declared Local Government Law No. 2 of 2024, which extended the tenure of local government chairmen by 6 months after expiration of their tenure, invalid. The 27 lawmakers in the camp of the Minister of Federal Capital, Chief Nyesom Wike, had this year, in the face of the crisis, enacted a law extending the three-year tenure of the serving LGA chairmen by…

Davido says he spends N400m on orphanages every year The President of the Senate, Godswill Akpabio, received Afrobeat star David Adeleke, popularly known as Davido, during a courtesy visit. Welcoming his guest on Monday, Akpabio expressed his delight at the visit and showered encomiums on the Afrobeat star for making Nigeria proud with his outstanding performances. “You have made us very proud within the International Community,” Akpabio told Davido, who came in the company of two of his cousins, Tunji Adeleke, son of his late uncle, Senator, Isiaka Adeleke, and Folasade Adeleke, daughter of Osun State governor, Senator Ademola Adeleke,…

Transcorp Power Shareholders Approve N23.46bn Dividend, Commend 2023 Performance The shareholders of Transcorp Power Plc approved the management’s N23.46 billion dividend payout to shareholders and 2023 impressive performance at its recently concluded 11th Annual General Meeting (AGM). The power subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its first AGM since the it went public, via a listing by introduction of its shares, early March 2024. The Company recorded gross earnings of N142.1 billion, a 57.3per cent increase, compared to the previous year. Profitability remained strong, demonstrating its resilience amidst evolving market dynamics. Profit before tax…

A Young Pupil Bags N21m Scholarship In Mathematics Competition A young mathematics prodigy, Ugwoezuonu Ogechi Zara, has reportedly been awarded a N21 million scholarship after scoring a perfect score of 100% in the primary category of the National Mathematics Competition organised by the Mathematics Association of Nigeria. An education activist and Chief Executive Officer of Educare, Alex Onyia, disclosed this on Friday via X while expressing pride in Zara’s exceptional performance. “Ugwoezuonu Ogechi Zara scored a perfect score of 100% in the primary category of National Mathematics Competition organised by Mathematics Association of Nigeria (MAN),” Onyia stated. Accordingly, Zara’s outstanding…

TAJBank Wins ‘Best Islamic Bank Award’ 2023 TAJBank Limited, Nigeria’s fastest-growing non-interest banking services provider, has won the Islamic Finance News’ (IFN’s) “Best Islamic Bank in Nigeria 2023”, beating other nominees from across the global geopolitical zones in the competition. The IFN’s Organizing Committee stated that the award was conferred on TAJBank in recognition of its superior value-adding, world-class products and innovative service delivery to non-interest banking customers globally. In his acceptance speech, the bank’s Founder/CEO, Mr. Hamid Joda, commended the IFN’s Committee for the global recognition, saying “the Board and management of TAJBank are grateful for recognizing our bank…

Okereafor Becomes President-elect Of Centre LSD Alumni Association African Centre for Leadership, Strategy and Development (Centre LSD) Alumni Association has elected Ambassador Stanley Chukwuemeka Okereafor as President. News reports that the newly elected president is to serve from June 2024 to June 2027. Centre LSD is a leading leadership training institute that has graduated over 2,000 participants from its campuses in Abuja, Benin, Warri and Jos. Ambassador Okereafor is a multiple award-winning international public and conference speaker and author. He consults for reputable national and international organisations including international development partners. In his acceptance speech, Okereafor pledged to lead an…

Families in Keffi Received Food Packs from Fidelity Bank as CSR Leading financial institution -Fidelity Bank PLC -has distributed food packs to women, widows, children, and the vulnerable in Keffi, Nasarawa State as part of its Corporate Social Responsibility (CSR) activities. Addressing newsmen in Keffi, Nasarawa state during the distribution event tagged, “Fidelity Food Bank Initiative”, which was carried out in partnership with ABBASID Charity Foundation, the Divisional Head, Brand and Communication Plc, Fidelity Bank, Meksley Nwagboh, emphasised the bank’s commitment to supporting communities all across Nigeria through its Food bank initiative. “Since April 2023 when we launched the Fidelity…

Entrepreneurship: Foundation empowers over 50 Aniocha North Skilled Youths with N500,000 each Nwazormor’s Grace Foundation, a renowned Foundation based in Issele-Mkpitime has granted over fifty skilled Youths from Aniocha North Local Government Area in Delta State with the sum of N500, 000 (Five Hundred Thousand Naira) each. The grant is to enable the beneficiaries, who are drawn from the various communities in Aniocha North, to improve on their small scale businesses. The beneficiaries, which included ten women were presented with their cheques on Saturday 18th May, 2024 in an impressive ceremony held at the headquarters of the foundation located in…

Headline 1 Presidency, Leadway Assurance Partner NASRE Media Foundation To Support Journalists With Challenges NASRE Media Foundation, the humanitarian arm of the Nigerian Association of Social and Resourceful Editors (NASRE), extended support to media practitioners facing health or financial challenges, as well as the families of bereaved journalists, on Tuesday, May 14, 2024. Ably supported by Leadway Assurance, one of Nigeria’s leading insurance companies specializing in life-business coverage and prompt claims payment, and the office of the Special Assistant to the President on Community Engagements, South West, the Foundation provided cash and grains to selected beneficiaries in the first phase.…

Fidelity Bank Renovates Nasarawa PHC Clinic, Donates Water Facility As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, has renovated the Primary Healthcare Clinic along the Workers Village in the Tudun Amba Community of Lafia Local Government Area of Nasarawa State. The bank also provided water facilities to ameliorate issues of water scarcity being experienced in the community in recent times. Speaking at the inauguration ceremony, the Divisional Head, Brand and Communication Plc, Fidelity Bank, Meksley Nwagboh, said the dignity of every human person is a shared responsibility. The bank decided to embark on…