The Nigerian football federation has retained Augustine Eguaveon as the super eagles coach following his outing with the team at the ongoing African Cup Of All Nations. Before he led the team to Cameroun for the competition, NFF had employed Jose Pesiero to be the head coach for the super eagles team but was ultimately dismissed after eagle’s return from ... Read More »
Author Archives: NewsThumb Magz
Wema Bank’s Profit Up By 94% in 2021, Beats Banking Industry On Earnings Growth
Wema Bank unaudited financial report for the 2021 operations just released shows a top industry record growth of 94 per cent in after-tax profit from N4.6 billion in 2020 to roughly N9 billion for the year. This is a confirmation of our earnings outlook for the bank based on the interims that a star performance for the 2021 financial year ... Read More »
The Oyo State Police Command has arrested 12 suspects alleged linked to cases of kidnapping at Onigari, Lagos-Ibadan expressway
The Oyo State Police Command has arrested 12 suspects alleged linked to cases of kidnapping at Onigari in Oluyole Local Government Area on the Lagos-Ibadan Expressway. Commissioner of Police in the state Mrs. Ngozi Onadeko paraded the suspects yesterday at the Command’s Headquarters, Eleyele, Ibadan. The Command also paraded 20 other suspects involved in alleged conspiracy, armed robbery, murder, and ... Read More »
Stanbic IBTC Bank Nigeria PMI®: PMI dips to four-month low at the start of 2022
The opening month of 2022 revealed a solid expansion in Nigeria’s private sector. Output continued to rise at a robust pace thanks to larger workforces as well as supportive domestic and international demand conditions. However, cash shortages weighed on new orders, which rose at the softest rate for a year-and-a-half. Nevertheless, firms remained committed to raising output and stockpiled inputs ... Read More »
Senate Commends NNPC for Engendering Competitiveness
..Pledges Support for Frontier Exploration The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave the commendation when he led members of the Committee on an oversight visit to the ... Read More »
Julius B. Omodayo-Owotuga, FCA, CFA, joins FBN Holdings Board
The Deputy Chief Executive of Geregu Power Plc and previously Group Executive Director Finance & Risk Management of Forte Oil Plc (now Ardova Plc) has joined FBN Holdings Board as a Non-Executive Director following the approval of his appointment by the Central Bank of Nigeria according to the notification sent by the company secretary to the NGX. JB is a ... Read More »
Ana Campos, Rwandan And Nziza Ken, Angolan Emerged Winners In Future Face Of Africa Contest
Pic 1 – Ana Campos, a Rwandan and Nziza Ken, an Angolan both winners of Future Face Africa model talent search competition held at Eko Hotels and Tours, Lagos, Nigeria at the weekend. Pic 2 – Ana Campos, a Rwandan and Nziza Ken, an Angolan both winners of Future Face Africa model talent search competition held at Eko Hotels and ... Read More »
Photo : On a courtesy visit to newly appointed Lagos State commissioner of police, Abiodun Alabi
The publisher of newsthumb Magazine Olayinka Sotayo, Lagos State new CP Abiodun Alabi and Adewale Ogunniran of integrityreporters newspaper on a courtesy visit to newly appointed Lagos State commissioner of police today. Read More »
Update: Alleged N2.9b fraud: EFCC files charge against Rochas Okorocha, six others
The Economic and Financial Crimes Commission (EFCC) has filed 17-count charge against a former Imo Governor Rochas Okorocha and six others. The charge filed before the Federal High Court in Abuja on Monday, has Anyim Nyerere Chinenye, Naphtali International Limited, Perfect Finish Multi Projects Limited, Consolid Projects Consulting Limited, Pramif International Limited, and Legend World Concepts Limited as other defendants. ... Read More »
The Dangote Refinery and Petrochemicals complex has been the MOST CHALLENGING case for Nigeria
A case of water water everywhere but not a drop to drink. The idea was wonderful; though could have been better refined in engineering design but still scores first class marks of >70%. The most serious challenges are: 1) PROCUREMENT – that the relatively simple skills required for the design, together with materials of construction were not available domestically, on ... Read More »