Sunday , 24 November 2024

Author Archives: NewsThumb Magz

Tinubu, in Poetic Phrase, Reacts to APC Loss in Edo Guber Election *”I’m a movement”

In a statement obviously intended to calm nerves and move ahead since the embarrassing loss of his party, the All Progressives Congress (APC) in the last Saturday Edo State governorship election, the national leader of the party and former governor of Lagos State, Asiwaju Bola Ahmed Tinubu, has spoken, describing the party’s loss as “a lesson that we are not ... Read More »

FRAUD SAGA : CBN probes 71 for suspected forex deals

THE Central Bank of Nigeria (CBN) has launched a massive investigation into foreign exchange transactions by 71 companies after preliminary reviews raised suspicions of possible infractions and contravention of extant foreign exchange laws and rules. Sources close to the apex bank yesterday confirmed the investigation of many leading companies in key sectors of the economy including healthcare, food manufacturing, agriculture, ... Read More »

EDO 2020: Enter Wike – Obaseki’s new godfather

SIR: Power is a principal thing but the path on which we tread to its courts matters. I think it is hypocritical fighting a system but at the same time enjoying the dysfunctionality of that system. The Edo governorship election has taken its place in the past of gritty and rousing contests. But the lessons from the election will remain ... Read More »

Heritage Bank’s MD calls for more impactful role in banking to aid speedy economic recovery

In the quest to aid speedy economic recovery and impactful service delivery to stakeholders caused by macro-economic headwinds and Covid-19, banking sector’s players have been charged to maximize the opportunities by re-strategizing its roles that will address emerging risks. The MD/CEO of Heritage Bank Plc, Ifie Sekibo made the call during the 47th Quarterly Meeting of the Association of Chief ... Read More »

Ibadan Poly sacks lecturer for alleged sexual misconduct 

Management of The Polytechnic, Ibadan has sacked a lecturer, Kelani Ajadi Omotoso, for alleged sexual misconduct. In a statement by the institution’s Registrar/Secretary to the Council, M. T. Fawale, the lecturer was sacked for his involvement in act of misconduct which resulted in “embarrassing and tarnishing the image” of The Polytechnic, Ibadan, his employer. The sacked lecturer is of the ... Read More »

UNILAG CRISIS : ASUU advises FG on appointment of pro chancellors

The UNILAG Chapter of Academic Staff Union of Universities (ASUU) has advised the Federal Government that only persons with interest in public education should be appointed Pro Chancellors. Dr Dele Ashiru, the Chairman of the chapter, gave the advice in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos against the backdrop of resignation of Dr ... Read More »

NNPC recorded N20.365b trading surplus in July 2020

THE Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ¦ 20.36billion in July 2020 compared to the ¦ 2.12billion surplus in June 2020 in its operations. Its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru,, in a statement explained that details of the figures captured in the July 2020 NNPC Monthly Financial and Operations ... Read More »

THE VOICE NIGERIA SEASON 3; REFINING CRUDE MUSIC TALENTS

This feature article by Segun Kasali takes a look at how The Voice Nigeria Season 3 is discovering raw music talent in the country and nurturing them into music superstars in the nearest future. The challenges of cost of production, cost of promotions and especially identification with renowned music record label, amongst others, have been identified as among the many ... Read More »

FIRSTBANK’S CEO, ADESOLA ADEDUNTAN, BAGS FORBES BEST OF AFRICA AWARD

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that its Chief Executive Officer, Dr.  Adesola Adeduntan, has been honoured with the Forbes Best of Africa Award. The award presentation was held on Friday, 11 September 2020 at a virtual event by Forbes in conjunction with the Foreign Investment Network (FIN). The online roundtable discussion themed “Harnessing the ... Read More »

Emefele, Olugbemi,  Akinwuntan Insist Banks Must Play a Critical Role to Restore Stability to Nigeria’s Economy

Banking stakeholders have in unison insiisted that banks must play a critical role to restore the Nigerian economy from the negative effects of COVID-19. Speaking at the Chartered Institute of Bankers of Nigeria (CIBN) 13th Annual Bankers Conference in Abuja, the bank chiefs that included  Godwin Emefiele, Governor Central Bank of Nigeria, Bayo Olugbemi, President/Chairman of Council, CIBN and Patrick Akinwuntan, Chairman of the Chartered ... Read More »

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