Month: January 2024

Nigerian Presidency Clarifies Reassignment Of Officials, Emphasizes Transparency.

By Dosu Deborah Oluwatimilehin (SIWES student, Adeseun Ogundoyin Polytechnic Eruwa) The Nigerian Presidency has clarified that the Director-General of NITDA, Kashifu Inuwa, and NDIC’s Managing Director/CEO, Umaru Ibrahim, were not sacked but reassigned. A statement from Femi Adesina stressed that their removal was not punitive, emphasizing their good standing with the government. In a subsequent […]

Senegal’s Mane Warns Defending Champions Of The Challenging Path To Retain Their Africa Cup of Nations Title.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Senegal’s Mane warns defending champions of the challenging path to retain their Africa Cup of Nations title, emphasizing the difficulty of their group against Gambia, Cameroon, and Guinea. Mane acknowledges the tough match against Cameroon and stresses the need not to underestimate other opponents. Despite […]

Zenith Bank Dismisses Rumors Of GMD’s Arrest By EFCC.

By Bolaji Peters (SIWES student, Polytechnic Iresi) Zenith Bank has refuted reports suggesting that its Group Managing Director/CEO, Dr. Ebenezer Onyeagwu, was arrested or detained by the EFCC or any other anti-graft agency. The bank reassures the public that Dr. Onyeagwu continues to carry out his responsibilities without interruption. Additionally, senior bank executives were questioned […]

Concerns Raised Over Progress Of Mohbad’s Death Investigation By His Father.

By Bolaji Peters (SIWES student, Polytechnic Iresi) Joseph Aloba, father of the late singer Ilerioluwa Aloba, popularly known as Mohbad, expresses dissatisfaction with the Lagos State Police investigation into his son’s death. Despite a special investigation team established, Aloba claims the police have not shared autopsy results, and he urges them to expedite the process. […]

COAS Pledges To Address Security Challenges In Enugu, Acknowledges State’s Support.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Lt. Gen. Taoreed Lagbaja, the Chief of Army Staff, has affirmed the Army’s commitment to enhancing security in critical areas of Enugu State, including Isi-Uzo Local Government Area. He praised the state’s collaboration in combating insecurity and expressed gratitude for the support received from the […]

NTA Secures Exclusive Broadcasting Rights For 2023 AFCON, Outshining Multichoice.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) In a surprising turn of events, the National Television Authority (NTA) has clinched the exclusive broadcasting rights for the highly anticipated 2023 Africa Cup of Nations (AFCON). This monumental deal ensures that every moment of the continental football extravaganza will be showcased on NTA, marking […]

NNPC Allocates Four Crude Oil Cargoes To Dangote Refinery Project.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) NNPC Ltd. is set to deliver four million barrels of crude oil in four cargoes to the $20 billion Dangote Refinery as part of its February supply program. With a total of six million barrels already delivered, the additional four cargoes are anticipated to support […]

SEC Approves NASD To Launch Digital Securities Platform In Nigeria.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) The Nigerian Securities and Exchange Commission (SEC) has granted NASD Plc approval to launch its Digital Securities Platform (N-DSP) in collaboration with Blockstation, as part of the Regulatory Incubation (RI) Programme. NASD sees this milestone as a significant step towards fostering innovation, transparency, trust, and […]

Supreme Court Upholds NIWA As Nigeria’s Inland Waterways Regulator, Resolving Federal-State Legal Battle.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Following an extended legal dispute between the Federal Government and Lagos State over jurisdiction on national waterways, the Supreme Court has sided with the Federal Government and its regulatory body for inland waterways, the National Inland Waterways Authority (NIWA). In a judgment reaffirming the authority […]

Nigerian Banks Surges As Loan Books Expand By 44% To N32. 47 Trillion In Nine Months, Reports Reveals.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic) Among these, tier-1 banks dominated, with UBA leading the pack, experiencing a remarkable 62% surge in its loan book to N4.94 trillion. Stanbic IBTC, a tier-2 bank, closely followed with a 55.5% increase to N1.763 trillion. Zenith Bank claimed the third spot, achieving a 49% […]

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