Stanbic IBTC Gives 87 Students N34.8m for University Education

By Bon Peters A beneficiary of the Andoni Local Government Maritime scholarship scheme, Mr Ukotije Hezekiah, has emerged as the 2023 best-graduating student of Charkin Maritime Academy. At the passing out parade/convocation ceremony weekend in Port Harcourt, the Rivers State Capital, Mr Erastus Awortu, Chairman of the area council and initiator of the program, lauded cadets for putting in commensurate efforts in their respective courses of study. Mr Awortu said that upon commencement of his administration in 2021, he unveiled the Maritime scholarship scheme. According to him, 15 students (4 females and 11 males), who successfully completed the scholarship requirements,

By Bliss Okperan The University of Lagos (UNILAG) has reduced the school fees by 5 per cent to 8 per cent, following discussions between the National Association of Nigerian Students (NANS) and the management of the institution led by the Vice Chancellor, Professor Folasade Ogunsola. The two parties held talks on Thursday after students of the school protested against the hike in the fees. The president of NANS, Mr Usman Umar Barambu, informed the UNILAG students that their demands, which include the restoration of the Students’ Union Government (SUG), the reversal of obligatory fees, and the reversal of hostel fees,

By Aduragbemi Omiyale At least 63 students from Rivers State admitted to the Nigerian Law School have been awarded scholarships by the O.B. Lulu-Briggs Foundation. The beneficiaries were those chosen for this year’s edition of the gesture. They were given a grant of N120,000 and a brand-new laptop each at the 14th Law School Students Scholarship award ceremony held on Tuesday, July 25, in Port Harcourt, Rivers State. Since the foundation started offering scholarships to students of the state in 2009, not less than 868 persons have benefited. “The O.B. Lulu-Briggs Foundation firmly believes in the power of education and

How to Collaborate with an Essay Writing Service to Enhance Your Writing Skills Writing has been one of the most significant methods humans have developed to communicate across space and time. It has allowed us to know more about our past, comprehend our present, and envision our future. In today’s world, writing is still one of the main forms of communication around the globe, thus, learning how to write well it’s essential. Poor writing skills can affect not only our academic or professional careers but also our personal life. In this article, we’ll discuss the importance of writing skills and

By Richard Quest It is fashionable to leave Davos and reflect, ‘was it worth the trek?’ This year I think it most certainly was. I noticed some big differences. Firstly, there are no urgent economic crises, waiting to be managed. Economies are growing (slowly). Unemployment is low. Inflation is way below targets, and central banks have been systemically lowering interest rates (49 central banks have made 71 cuts in rates). The economic issues are technical and nuanced, such as the effect of negative rates increasing the risks in the search for yield. You get the idea: nothing for the reasonable

“The fast-evolving nature of the leather industry in Nigeria is quickly positioning the industry to become the next gold mine for our dear nation — that is, if it is properly explored and harnessed by both industry players and governmental bodies,” Femi Olayebi, CEO FemiHandbags, and Founder, Lagos Leather Fair opined at a leather industry stakeholder event. Over the years, the Nigerian leather industry has continued to evolve and positively contribute to Africa’s economy both in revenue and in employment opportunities. According to the Nigerian Economic Summit Group (NESG), research shows that the industry contributes about 24% of the agricultural

By Adedapo Adesanya The Lagos State Government has disclosed 53 of the 102 survivors of the accident involving a train and a staff bus have been discharged from different hospitals across the state. Last Thursday, Business Post reported that a passenger train collided with a Lagos State government staff bus conveying workers in the Shogunle area of Oshodi. It was later disclosed by the Lagos state government that six persons lost their lives in the incident, while scores of victims were admitted to various hospitals in the state for treatment. According to reports, the bus was attempting to cross the

By Dipo Olowookere The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has said the agency has continued to develop regulations to make the Nigerian capital market more credible and stable. According to him, a credible and stable capital market will propel the Nigerian economy from its developing status to an advanced category like the United States and others. Speaking at the first Nigeria Employers Summit organised by the Nigeria Employers Consultative Association (NECA) in Abuja recently, the SEC DG said efforts are being made to ensure that the domestic capital market becomes one of the world’s

By Modupe Gbadeyanka For a while now, promoters of a digital currency, Bitcoin, have been urging Nigerians to key into the system just like the controversial MMM Ponzi scheme. This has got the attention of the Federal Government, which has promised to look into the programme so as to advice citizens. It also said the system may be adopted in the country if investigations give it a go-ahead. At the 2016 Workshop for Financial Correspondents on Friday in Kaduna, Managing Director of Nigeria Deposit Insurance Commission (NDIC), Mr Umaru Ibrahim, disclosed that his commission and the Central Bank of Nigeria

By Dipo Olowookere Leading telecommunication company in Africa, MTN, says it will defend the fine slammed on it by the Central Bank of Nigeria (CBN). On Wednesday, the apex bank found the MTN Nigeria guilty of illegally moving funds from the country to South Africa. According to the CBN, this was carried out with the assistance of four financial institutions; Standard Chartered Bank, Stanbic IBTC, Citibank Nigeria and Diamond Bank Plc. Consequently, the central bank fined the banks a total of N5.87 billion and asked MTN to refund $8.1 billion. But reacting to this in a statement, MTN described the

By Dipo Olowookere Recently, one of the financial institutions operating in Nigeria, Heritage Bank Plc, paid a condolence visit to Punch Newspaper over the death of chairman of the news medium, Mr Gbadebowale Aboderin, few weeks ago. Executive Director of Heritage Bank, Mr Jude Monye, led the delegation of the lender to the news platform’s head office. The bank’s team was welcomed by the Managing Director of Punch Newspaper, Mr Ademola Osinubi, who thanked Heritage Bank for the visit. The visit to Punch was captured in these photographs.