Author: Ifetayo Adeniyi

JOURNALISTS IN NEW BATCH OF PALLIATIVES OF OUNJE EKO AS LASG TARGETS 500,000 HOUSEHOLDS Lagos State in consideration of the wellbeing of its citizenry rolls out another phase of palliative. As part of its ongoing efforts to ameliorate the suffering of Lagosians, Lagos State Government has floated its second palliatives scheme to cater for residents of the state including journalists in the state. Speaking to journalists at the Nigeria Union of Journalists (NUJ) Secretariat on Monday, Representative of the Commissioner for Agriculture, and the Permanent Secretary, Mrs. Dikirat Oshodi, Deputy Director at the Ministry of Agriculture, Lagos State, supervised the…

State Govt Completes First Phase Of Metro Fibre Project, Lagos Govt Provides N800m To Over 60 Startups In Science, Research Lagos State Government, on Monday, stated that the state had provided the sum of N800 million to over 60 startup companies and supported more than 50 research projects. The State Commissioner for Science and Technology Tubosun Alake, stated this at the Ministerial briefing at Alausa, while presenting the scorecard of the first year of Governor Sanwo-Olu’s second term in office. From left: Representative, Permanent Secretary, Ministry of Innovation, Science & Technology, Mr Jimoh Adetunji; Commissioner for Innovation, Science & Technology,…

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…

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…

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…