First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with Lagos State Employment Trust Fund (LSETF) in a matching fund scheme.  The scheme aims to cushion the impact of COVID-19 pandemic on low-cost private schools by ensuring lending at an attractive interest rate. The programme will provide access to finance where participating schools can each be ... Read More »

..Federal Government suspend the electricity tarriff Organised Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) yesterday suspended the much publicized indefinite nationwide strike and mass protests after reaching a consensus with the Federal Government early this morning at a meeting between the two parties The government in a meeting which dragged until 3 a.m this morning ... Read More »

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has called on internal auditors of banks to adopt the various digital technologies to prevent fraud and annul the adverse impact of Covid-19 on the financial ecosystem. Speaking at the just concluded 47th Quarterly Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), the MD/CEO of Heritage ... Read More »

Twelve kingmakers in Iwo community have asked the Osun High Court to restrain the Oluwo of Iwo Oba Abdulrasheed Akanbi from replacing them. Kingmakers petitioned Osun Governor Adegboyega Oyetola on September 9, 2020, urging him to dethrone Oluwo over alleged misconduct. A copy of the suit by the kingmakers filed by their counsel, John Enworo,  dated September 25, 2020, was ... Read More »

Mrs. Ifeyinwa Nwachukwu is the enterprising Director of Peaklane Schools. She obtained her First Degree in Education Science (Zoology) from the prestigious University of Ibadan in 1985. She later got a Master’s Degree in Curriculum Studies from the University of Lagos in 1987, before she was employed by the Lagos State Government where she spent the next twelve years passionately ... Read More »

Workers at De United Foods Industries Limited, makers of Indomie noodles, have cried out for help over what they described as modern-day slavery and unfair labour practices meted out on them since March. The workers said cooks, drivers, nannies, stewards and other groups working for the largely Asian staff of the company, had not been allowed to return home to ... Read More »

Lagos State Government says its multi-billion Naira 32-metric tonnes per hour rice mill at Imota will be completed in the first quarter of next year. Governor Babajide Sanwo-Olu said yesterday at the FATE Foundation’s 5th Annual Virtual Alumni Conference that the mill, when operational, would ensure a steady supply of freshly processed rice of about 2.4 million bags of 50kg per ... Read More »

The suspended Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu has concluded his defence before the Judicial Commission of Inquiry on the activities of the anti-graft agency. But Magu, according to his defence team, was shocked the Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami (SAN) refused to honour the invitation of the panel. ... Read More »

The Chairman of Crown Insurance Brokers, Chief Felix Ohiri Amadi has enjoyed a successful career spanning over three decades in the insurance sector of the economy, having worked closely in chatting lasting solutions towards pension management, he knew exactly what the senior citizens go through after their active service years in accessing their pension benefits, the challenges of retirement age ... Read More »

Panic gripped residents of Lagos and Ogun border communities on Thursday following an explosion and massive fire. The explosion, which was heard as far as ,Haliot Bus Stop, Iju in Lagos as well as Akute Ogun State, was said to have occurred around 3:30pm around Haliot Bus Stop in Ishaga. Newsthumb gathered the loud bang, which many residents reported across ... Read More »