NCC Gives Laptops to NWIIT for School Girls

By Blaise Udunze Every day is for the Teachers! The moment we start giving preferences to the profession and the people as the most important members of our society, the moment there will be the emergence of true instructors and educators who are ready to instil the requisite knowledge for nation-building. Alas! The society is in quagmire and stagnated in this part of the world. Over the years, the least attention has been given to the whole of the educational sector- the citadel of learning. The Citadel houses the army of teachers. Today, can it be said to be a

By Adedapo Adesanya The Academic Staff Union of Universities (ASUU) has urged the federal government to review the recent hike in the fees in universities and unity schools across the country. Recall that the fees of federal universities and unity colleges were recently increased, causing many Nigerians to raise eyebrows amid dwindling purchasing power and a hike in the prices of goods and services. The government was looking to increase its revenue and cut down on borrowings to fund its budgets. The National President of ASUU, Mr Emmanuel Osodeke, in an interview with the News Agency of Nigeria (NAN) on

By Adedapo Adesanya The federal government has increased the school fees of new students into Federal Government Colleges (FGCs), otherwise known as Federal Unity Colleges. The fees, which were increased to N100,000, represent a 122.2 per cent increase when compared to the previous fees of N45,000. This means that parents and guardians will pay the new fees per term for their wards in these schools. This disclosure was contained in a circular from the Office of the Director of Senior Secondary Education Department of the Federal Ministry of Education, with reference number ADF/120/DSSE/I, dated May 25, 2023, and addressed to

By Adedapo Adesanya Popular Nigerian musical legend, Majekodunmi Fasheke, popularly known as Majek Fashek, is dead. The news of his demise was officially announced by his manager, Mr Omenka Uzoma, early Tuesday, June 2, 2020, via an Instagram post. Mr Fashek died on June 1, 2020 at 71 in the United States, after battling an unknown illness. Mr Uzoma announced that Majek Fashek “has gone to be with the Lord his Maker.” “Today, [I] been having pressure calls, well it is true that the African No 1 Legendary ICON has gone to be with the LORD his Maker. “Let celebrate

By Dipo Olowookere A senior official of MTN on Wednesday explained why the South Africa-based telecom giant was yet to list its shares on the Nigerian Stock Exchange (NSE). In 2016, it was announced that MTN Group would offer part of its Nigerian unit to citizens of the country through an Initial Public Offering (IPO). The company said it was planning to raise about $500 million from the exercise. But nearly three year after, the much-hyped proposed listing on the NSE was yet to become a reality because of postponements. It was initially said that the exercise would be done

By Adedapo Adesanya Securities trading on the NASD Over-the-Counter (OTC) Securities Exchange were unable to keep the bulls for another session as the market welcomed the bears for the first time in four sessions on Wednesday. The fall in market performance can be attributed to the loss recorded by Central Securities Clearing Systems (CSCS) Plc as shares of the Nigerian securities depository company weakened by 30 kobo or 2.03 per cent to N14.50 per unit from N14.80 per unit. This made the market capitalisation to decrease by 0.26 per cent or N1.41 billion to N538.98 billion from N540.39 billion and

By Adedapo Adesanya Prices of crude oil continued a recovery for the second day following news of escalating tensions between the United States and Iran. On Wednesday, President Donald Trump authorised American military to gun down any Iranian gunboat making any attempt to harass their ship. A day after, the leader of Iran’s elite Islamic Revolutionary Guard Corps (IRGC) retaliated and promised a “crushing response” to any American military attacks in the Gulf. It is believed that the market, starved of a positive disruptive news, latched onto the wave of geopolitical dispute to start moving up, after falling more than

By Investors Hub The major U.S. index futures are pointing to a lower opening on Monday, with stocks likely to come under pressure after turning in a mixed performance last week. The downward momentum on Wall Street comes amid news China has cancelled trade talks with the U.S. as tariffs on billions of dollars worth of goods take effect. Following the rally seen on Thursday, stocks turned in a relatively lackluster performance during trading on Friday. Despite the choppy trading on the day, the Dow climbed to another new record closing high. The major averages eventually ended the session mixed.

By Dipo Olowookere In order to promote the growth and development of the Nigerian Islamic Finance industry and facilitate the growth of a new asset class in the capital market, the Nigerian Stock Exchange (NSE) has collaborated with the REDmoney Group to organise the inaugural edition of the IFN Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth.” The event is slated for Tuesday, June 18, 2019, at the Eko Hotels and Suites, Lagos and will be headlined by the acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk. She will join

By Dipo Olowookere The sales of organic fertilizer produced by the Sokoto-IML Company Limited have commenced. The firm was established in 2016 as a joint-venture entity between the Sokoto State government and IML Industries Ltd. Flagging off the sales at a ceremony last week, the state governor, Mr Aminu Tambuwal, described the development as a clear testimony of his administration’s ongoing efforts to enhance the economic well-being of Sokoto State’s residents. “The micro and macro-economic policies of both the federal and Sokoto State governments have started yielding positive results. “As we can see, positive results have been churned out from

By Dipo Olowookere One of the lenders in Nigeria, Sterling Bank, has debunked reports making the round since yesterday that it sacked about 650 of its workers. Sterling Bank, in a statement to Business Post on Friday, emphasised that the said disengaged workers were never their employees. “These 650 workers, in press reports, are not staff of Sterling Bank, but were assigned to the bank by our service providers. “The Service Level Agreement (SLA) with the parent companies allow them to reassign their staff to any other institution they (service providers) deem fit,” a part of the statement explained. Shedding