Voices from Civil Rights Society Organizations under the auspices of ‘Take It Back Movement’ supposed Sowore’s national civil society organisation and Restoring Of Women and Girls Life For Education (ROWGLES) has joined in the activation of urgent and swift appeal to the Governor of Lagos State, Gov Babajide Olusola Sanwo-Olu leadership to reopen Saint Margaret group of schools located at ... Read More »
Author Archives: NewsThumb Magz
Ecobank Partners Nigeria Chess Federation: To Host 2024 National Schools’ Team Chess Competition
Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team Chess Competition. The competition is scheduled to hold between 24th – 28th May 2024 at the Ecobank Pan African Centre (EPAC) in Victoria Lagos. It is open to students from primary, Secondary and Tertiary ... Read More »
Breaking : Oyetola plan to roll out inland waterways, coastal services across the industry on Thursday
The Federal Government, through the Ministry of Marine and Blue Economy, has said it will soon unveil its plans for the inland waterways and coastal services across the industry. Marine and Blue Economy Minister Adegboyega Oyetola reportedly announced this in a statement in Lagos by the Chief Executive Officer (CEO) of Zoe Maritime, Mrs. Tosan Edodo-Moore. The News Agency of ... Read More »
Tinubu urge unity and collaboration among all stakeholders, Says, Nigeria will go back to its glory in the coming months
President Bola Tinubu has assured that the nation’s economy will roar back to glory in the coming months, re-echoeing the fact that the worst is over in the economic travails being faced by the nation. Tinubu however called for unity of purpose and more collaboration between the federal government, state governors, and members of the National Assembly to achieve national ... Read More »
Breaking : Naira strengthens against dollar in parallel market on Friday and trades at N1,150/$ and it can trade below N1,000 in a few days, Says Goldman Sachs
The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as bureau de change (BDCs) operators, quoted the buying rate of the greenback at N1,110 and the selling price at N1,150 — leaving a profit margin of N40. The naira appreciated by 0.86 percent from ... Read More »
ZENITH BANK CAPS 2023 WITH UNPRECEDENTED TRIPLE-DIGIT TOPLINE AND BOTTOM-LINE GROWTH
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive triple-digit growth in gross earnings ... Read More »
Breaking : Lagos-London, N1.2 million ticket, Foreign airlines slash prices to compete with Air Peace
To compete with Air Peace, which recently started flying on the route, foreign airlines have further reduced their airfares on the Lagos-London route. Air Peace launched direct flights from Lagos to London on March 30, charging N1.2 million for a round-trip economy ticket on a route where other airlines were charging up to N3 million. Foreign airlines reduced their round-trip ... Read More »
Breaking : Oil marketers demand N700 to N850/litre of diesel from Dangote refinery, as product produce locally in Nigeria
Oil marketers have called for a downward review in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700 and N850/litre, as operators plan to meet managers of the refinery next week. The largest downstream marketing association, the Independent Petroleum Marketers Association of Nigeria, which made the call in ... Read More »
Full Year 2023: UBA Gross Earnings Rises by 143% YoY, Profit hits N757.7bn
…Shareholders’ Funds Hits N2.0tn, achieving an impressive growth of 120.2%. In another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023, showing exceptional and impressive performance across all its major indicators. The 2023 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on ... Read More »
Update : N30bn recovered from humanitarian ministry and 50 accounts linked to Ministry will be probed, Says EFCC
The Economic and Financial Crimes Commission is probing 50 bank accounts as it recovered N30bn in the alleged scandals in the Ministry of Humanitarian Affairs and Poverty Alleviation. The EFCC Chairman, Ola Olukoyede, who disclosed this in an interview published in the March edition of EFCC Alert, an in-house magazine of the anti-graft agency, also called for special courts for ... Read More »