Stanbic IBTC Pension Managers Seeks Entries for FUZE Talent Show 2.0

By Precious Olisa Three persons have been confirmed dead due to the heavy downpour that happened in Genere, Rikkos, Bauchi Road and Eto-Baba communities of Jos North Local Government. It was said that the rain lasted for two days. The Zonal Coordinator of the National Emergency Management Agency (NEMA), Mr Eugene Nyenlong, who confirmed the incident, said his agency got a distress call that three persons had died as a result of the flood that occurred. “As I speak to you, we are moving to the scene with other stakeholders to have an on-the-spot assessment of the disaster and also

By Adedapo Adesanya Nigeria faces a crippling fertiliser shortage as 34,000 metric tonnes of Russian Fertiliser meant for Nigeria is stuck at ports in the European Union (EU) as a result of continued war in Ukraine. Russia’s Foreign Minister, Mr Sergey Lavrov, confirmed this development on Saturday at the 78th United Nations General Assembly (UNGA) in New York, noting that 260,000 metric tonnes of Russian fertilisers have been stranded in EU ports since 2022. According to Russian News Agency, TASS, Mr Lavrov informed reporters that, “We are ready to give these fertilisers to African countries for free. It took six

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Adedapo Adesanya Nigerian foremost rating agency, Agusto & Co, has assigned top merchant bank in the country, Coronation Merchant Bank, an A+ rating. In a recently released report, Agusto affirmed the A+ rating assigned to the bank with a stable outlook and stated that the rating reflects the bank’s position in the merchant banking space. The rating agency stated that Coronation Merchant Bank had good capitalisation, good asset quality and good liquidity position. However, it emphasised that the lender has high funding costs as well as a very volatile customer deposits, which it said are issues that could cause

By Modupe Gbadeyanka Two suspected collaborators of terrorists have been arrested at a branch of Access Bank in Kaduna State by personnel of the Nigerian military. The spokesman of the Defence Headquarters in Abuja, Major-General Musa Danmadami, confirmed this in a chat with reporters on Thursday. According to him, the arrest was made on September 15, 2022, at the PZ branch of Access Bank in Zaria while attempting to withdraw N14 million deposited into the “account of one Alhaji Abubakar, a suspected terrorist financier.” He informed newsmen that the arrest was made possible as troops of Operation HADARIN DAJI continued

By Modupe Gbadeyanka The board of one of the top insurers in Nigeria, Axa Mansard Insurance Plc, has announced approving the payment of dividend to its shareholders for the period ended December 31, 2017. In a statement issued yesterday to the Nigerian Stock Exchange (NSE), Axa Mansard said the dividend would only be paid to existing shareholders at a limiting date to be announced later. The approval for the payment of dividend was given at the board’s meeting held on Tuesday, February 20, 2018. Also during the board meeting, the company’s audited financial statements together with the Directors and Auditor’s

By Adedapo Adesanya Following a tough 2022, Niger Delta Exploration and Production (NDEP) Plc, Nigeria’s first integrated indigenous energy company, witnessed a 44 per cent drop in its gas business as it recorded delivery volumes of 6.51 billion cubic feet (bcf) compared to 9.39bcf in 2021. This was disclosed in its operational update contained in its unaudited disclosure about the company’s affairs for the year ended December 31, 2022, sent to NASD Over-the-Counter (OTC) Securities Exchange, where it trades its stocks. The company said the drop in gas delivery was due to the associated gas production locked in to preserve

By Dipo Olowookere The United Nations health agency’s regional office for Africa has announced that Ghana, Kenya, and Malawi will take part in a breakthrough pilot programme to make the world’s first malaria vaccine available in selected areas, beginning in 2018. World Health Organization (WHO) Regional Director for Africa, Matshidiso Moeti, disclosed in a press statement that, “The prospect of a malaria vaccine is great news. Information gathered in the pilot will help us make decisions on the wider use of this vaccine.” Announcement of the coordinated rollout comes as the international community marks World Malaria Day and the kick-off

By Modupe Gbadeyanka The Director General of Nigeria Institute of Medical Research (NIMR), Mr Babatunde Salako, has been appointed as Chairman of the National Health Research Committee inaugurated on Friday by Minister of State for Health, Mr Olorunnimbe Mamora. The renowned Nephrologist is expected to bring his experience and other members on the panel to bear for the benefit of the nation at this time of COVID-19 pandemic. At the induction, the Minister explained that the committee was constituted because of the lack of synergy among the various research institutions, the academia and policy makers despite the development of the

By Kester Kenn Klomegah The Roscongress Foundation and the Association of Economic Cooperation with African States (AECAS) held a ceremony in Moscow to sign a cooperation agreement as part of a presentation of the Secretariat of the Russia-Africa Partnership Forum. The agreement was signed by Roscongress Foundation CEO and Chairman of the Board, Head of the Russia—Africa Partnership Forum Coordinating Council Alexander Stuglev and the Head of AECAS Alexander Saltanov. The Secretariat of the Russia-Africa Partnership Forum coordinates efforts to promote cooperation between Russian and African integration associations, ensure political and diplomatic support for projects in Africa carried out with

By Adedapo Adesanya An accredited election observer organization for the 2023 presidential and national assembly elections, Voters Awareness Initiative (VAI), has congratulated and commended Nigerians for the peaceful and credible conduct of the elections, saying the polls reflected the will of the people and is a victory for democracy. In a press statement issued on Thursday, March 2, 2023, jointly signed by its president, Mr Wale Ogunade, and its director of media and mobilization, Mr Nelson Ekujumi, the group said, “We are proud and delighted with the peaceful, credible and successful conduct of the 2023 presidential and national assembly elections