The Board of Trustees, SAIL Foundation, has officially launched the SAIL Innovation Lab facility in Ikorodu, Lagos State on Friday. The facility, which provides in-demand tech skills to motivated youths within the senatorial district, is an initiative by Senator Mukhail Adetokunbo Abiru and his wife, Mrs. Feyisola Abiru.  In attendance at the official commissioning of the facility were prominent personalities ... Read More »

A former president of the Nigerian Bar Association, Olisa Agbakoba, has said there is no constitutional process to delay the presidential inauguration on May 29. Requests to stop the swearing-in of the president-elect, Bola Tinubu, became rife after he emerged as the winner of the February 25 presidential election. This is as the presidential candidate of the Peoples Democratic Party, ... Read More »

Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria – the Wema SME Business School 5.0. The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business. The Wema SME Business School 5.0, ... Read More »

Salary earners, individuals, self-employed and small businesses have been advised to make deliberate efforts to save and diversify their income stream in the light of the current state of the nation’s economy. This was the submission of panelists at the webinar titled: Maximising your income: the power of diversification, organized by Ecobank Nigeria as part of its commemoration of this ... Read More »

Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022.This endorsement was made at the holding company’s second annual general meeting held on Thursday, virtually.The Group proposed a final dividend of N2.80 per unit of ordinary share held by ... Read More »

Operatives of the Lagos Police Command have arrested Afrobeats singer, Seun Kuti, over weekend’s alleged assault on an Inspector. Kuti drew the wrath of the police and majority of Nigerians following viral video footage him physically assaulting a policeman on Third Mainland Bridge, Saturday. The singer whose immediate arrest was ordered by the Inspector General of Police (IG) Alkali Usman, ... Read More »

Electricity Distribution Companies (DisCos) have been barred by the Nigerian Electricity Regulatory Commission from billing already disconnected customers. The ban is contained in a March 2023 document by NERC Chairman, Sanusi Garba which our correspondence obtained yesterday. In the document titled “Customer Protection Regulation 2023,” the commission said that DisCos can only bill customers when they are reconnected. Newsthumb recalls ... Read More »

Barely 24 hours after the death of a popular Nollywood actor, Saint Obi, a Yoruba popular actor and producer, Murphy Afolabi, is reportedly dead. Although no details yet about the circumstances surrounding Afolabi’s death. Meanwhile, the death of the Yoruba actor was announced by a well-known director and producer of the industry, Ola Yusuff who took to his Facebook page ... Read More »

Former Governor of Zamfara State, Abdulaziz Yari, and one of the frontline aspirants in the race for Senate presidency in the 10th Assembly has congratulated his colleagues over their election victory. This was even as the senator-elect urged them to partner with the incoming president, Asiwaju Bola Tinubu, and their constituencies to bring developments and dividend of democracy to the ... Read More »

Access Bank Plc, the flagship commercial banking subsidiary of Access Holdings Plc, yesterday formally launched its subsidiary in Paris, France, the latest in the rapid global expansion that has positioned the bank as global gateway to Africa’s financial hubs. The French subsidiary will focus on trade finance, initially capitalising on flows between Africa and France, particularly Francophone Africa. Group Chief ... Read More »