Author: Ifetayo Adeniyi

For Research And Development, Inuwa Congratulates Gombe’s B.Y. Abubakar For Winning 2024 HLF Excellence Award Gombe State Governor, Muhammadu Inuwa Yahaya has congratulated an illustrious son of Gombe and member of the State’s Special Honourary Advisory Council, Professor Baba Yusuf Abubakar for winning the 2024 Hallmark of Labour Foundation’s Award of Excellence for his outstanding contributions to research, innovation and value-chain development. Governor Inuwa described the honour as well-deserved, considering the immense contributions of the awardee towards the development of the state and the entire nation. “This outstanding award is indeed a recognition of your positive contributions. Your achievements remind…

Ositade, Nigerian teenager wins 14 scholarships, Canada, Qatar, Harvard, others worth $3.5m Oluwafemi Ositade, a 17-year-old Nigerian student has secured 14 scholarships worth $3.5 million to Ivy League universities around the world. He received offers from top universities in the United States, Canada and Qatar, including Harvard worth $375,572 and Duke University worth $373,796, following his perfect SAT score of 800 in Maths and an impressive 760 in English. Ositade completed his secondary education at The Ambassadors College, Ota, Ogun state with a perfect CGPA of 4.0/4.0, and achieved a score of 358 at the Unified Tertiary Matriculation Examination (UTME)…

Telecommunication: Cable cuts cost $23m in 2023 in blow to internet quality Frequent fibre optic cable cuts, leading to a loss of at least $23m last year, are increasingly causing internet outages and impacting telecom service quality in Nigeria. In February, millions of MTN Nigeria customers could not make calls or connect to the internet for about four hours because of multiple fibre cuts. These cuts are becoming increasingly common, disrupting internet speeds, access, and reliability. In 2023, the House of Representatives raised concerns about the country’s deteriorating telecom quality. “Nigerians lose valuable business hours and finances due to poor…

Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games Former Nigerian Football Star Endorses Adron Games as Platform for Sporting Talent Former Nigerian football icon, Daniel Amokachi, has voiced his enthusiasm for the upcoming 2024 edition of the Adron Games, marking his participation in the prestigious event. Amokachi praised the tournament as a miniature National Sports Festival, highlighting its ability to unite athletes from all corners of the country. Expressing his delight, Amokachi remarked, “It’s an honor to be part of the Adron Games 2024. The event serves as a showcase for the abundance of sporting…

NNPC, Joint Venture Partners Donate 2,300-Seater Library to N’Delta University The Nigerian National Petroleum Company Limited (NNPC) and its Joint Venture partners in OML 18, have donated a 2,300-seater digital library to the Niger Delta University, Wilberforce Island, Amassoma, Bayelsa State. The partners include: The Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Exploration and Production Company (SNEPCo), Total Energies EP Nigeria Ltd, Nigerian Agip Exploration Ltd, and Esso Exploration and Production Nigeria (Deepwater) Ltd. The digital library, a two-storey complex equipped with cutting-edge Information Technology amenities, according to a statement from the NNPC, include 100 computer systems, e-learning…

The reason behind the dropping of prices of different brands of essential building material The cement market, in the last couple of weeks, has seen a significant turnaround with prices tumbling from between N10,000 and N15,000 per 50kg bag to between N7,000 and N8,000. The sudden rise in the prices of cement and other major building materials in February this year introduced upsets in the construction industry, especially in real estate, where many developers were forced to abandon building sites. A recent market survey conducted by BusinessDay in different locations across the country confirmed a price drop, ranging between N7,000…

FG disburses N200bn intervention fund for MSMEs, manufacturers The Federal Government has announced the launch of the N200bn Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises and manufacturers in Nigeria. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announcement in a post on her X formerly Twitter page on Monday. Uzoka-Anite said that following the ongoing disbursements targeted at supporting one million nano businesses across the country, the government has decided to include both MSMEs and manufacturers in the initiative. Earlier in an interview, The PUNCH reported that the Federal Government announced the commencement of…

Ododo of Kogi has begun distribution of palliatives to the people The Kogi State Governor, Usman Ododo has begun the distribution of food palliatives to the people of the state in continuation of the government’s commitment to cushion the impact of the economic downturn on the people. The Governor who was represented by the State Deputy Governor, Joel Oyibo Salifu, noted that the distribution of the food palliatives from the strategic grain reserve of the Federal Government underscores the shared understanding by all tiers of government of the challenges faced by Nigerians due to the prevailing economic hardship. Ododo said…

Things you need to know about Segun Alebiosu, acting CEO of FirstBank Following Sola Adeduntan’s resignation from First Bank, Segun Alebiosu, has been appointed as the acting Managing Director and Chief Executive Officer for an interim period. Adeduntan was still attending the World Bank/IMF spring meetings in Washington when he notified the FirstBank board of his intention to leave with effect from today April 20, eight full months to the expiration of his term, BusinessDay earlier reported. Segun Alebiosu joined FirstBank in 2016 as the Group Executive/Chief Risk Officer. Before the recent appointment, he was the Executive Director, Chief Risk…

The Indispensable Power of Gratitude My little daughter resumed school today. When I dropped her off at her class, I went to the account section to pay her fees for the term. Because I did a bank transfer via my mobile banking app, I could not wait for the accountant to get the alert before issuing the receipt, so I left. By the time I got back in the afternoon to pick up my daughter from school, I asked her if they gave her any paper to give me. “Yes, Daddy” she replied gleefully as she reached out to her…