ALAT by Wema Begins Summer Internship Programme

By Aduragbemi Omiyale The immediate past Director of Google West Africa, Ms Juliet Ehimuan, has been appointed to the board of directors of Zenith Bank Plc. Ms Ehimuan, who is also the founder and chief executive of Beyond Limits, will serve on the board of the tier-1 financial institution as a non-executive director. A statement from the lender on Tuesday disclosed that the appointment of Ms Ehimuan, which has been confirmed by the Central Bank of Nigeria (CBN), will take effect from August 29, 2023. In a statement to the Nigerian Exchange (NGX) Limited, Zenith Bank said the appointee has

By Dipo Olowookere One of the news anchors of a local broadcasting company, TVC, Mr Mike Okwoche, has exited the organisation after 11 years. The broadcaster announced his resignation from the Lagos-based firm last week, though he did not disclose his future direction. Also, the television platform announced the departure of his top employee, who has won several awards, from the company. “On TVC Breakfast today, TVC News award-winning Senior anchor, Mike Okwoche, officially announces his departure from TVC after 11 years of stewardship,” the broadcast station stated. Mr Okwoche, during last Friday’s TVC Breakfast Today, said, “I must say

By Adedapo Adesanya The Institute of Food Technologists (IFT), a nonprofit scientific organisation committed to advancing the science of food and its application across the global food system, has announced Mr Sean Leighton as the new Board President. Mr Leighton, the global vice president of food safety, quality, and regulator at Cargill, succeeds Mr Christopher Downs at the helm of the affairs of the organisation.  A member of IFT since 1999, where he was a participant in the IFT Student Association (IFTSA) product development competition, Mr Leighton has served in several volunteer roles as a presenter, panellist, podcast thought leader,

By Adedapo Adesanya President Bola Tinubu has nominated Ms Jamila Bio Ibrahim to serve as the Minister of Youth and Mr Ayodele Olawande as the Minister of State for Youth. These nominations indicate a separation of the ministry, which used to be joined with the Ministry of Sport in the previous administration of President Muhammadu Buhari. In a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Sunday, it was emphasised that the nominees would have to undergo screening at the Senate for confirmation. Upon confirmation by the Mr Godswill Akpabio-led parliament,

By Modupe Gbadeyanka It was celebration galore recently for residents of Ogbodo community in Isiokpo, Ikwerre Local Government Area of Rivers State, when a beauty queen brought light to those having eye problems in the area. Miss Health South-South, Queen Juliet Okoroafor (Miss Health South South) alongside her ‘ICare Project’ team, which included opticians, visited the place to celebrate the festive periods with residents to lighten their worlds. Queen Juliet distributed about 200 medicated eye glasses to residents of the community having eye challenges and they could not hide the joy for this. It was gathered that about 500 people

By Dipo Olowookere Governor Akinwunmi Ambode of Lagos State has moved a step further in strengthening science education in the state with the establishment of a Mobile Science Academy. Recently, the state government sealed a Memorandum of Understanding (MoU) with BASF West Africa to formalise their mutual commitment to the creation of the academy. It was learnt that the move was to further promote science education in the state because the Science and Technology Strategy for Lagos State (2016–2019) recognises Science, Research and Innovation as priority programmes under the Mega City Programme. At the signing ceremony, Governor Ambode stressed the

By Modupe Gbadeyanka The financing challenges threatening the existence of start-ups across West Africa may soon be over if the latest information reaching us is anything to believe. Constant Ventures, a part of the Constant Group, is planning to pool together a $100 million venture capital fund to invest across a range of technology start-ups in the region. Constant Ventures has a successful track record as an angel investor and a respected developer of technology businesses. To date, it has invested $3.2 million in nine Nigerian start-ups, including Gokada, Halo, Appzone, Heala, Tingtel, CreditClan, Omnibiz, Sabiroad and FIG, with a

By Dipo Olowookere Sharp practices by banks operating in Nigeria have continued to increase each year and this is giving those in authority sleepless nights. Some days ago, Head of Communications and Public Affairs Unit of the Nigeria Deposit Insurance Corporation (NDIC), Mr Mohammed Kudu Ibrahim, said in a statement that in 2017, the number of fraud cases at banks in Nigeria rose by 56.3 percent to 26,132 from 16,751 recorded in 2016, resulting in the loss of N2.37 billion during the period under review. “Similarly, the amount involved in the fraudulent activities documented increased by N3.33 billion from the

By Adedapo Adesanya  The Senate and the House of Representatives will on Tuesday resume plenary after weeks of vacation with expectations that they will attend to correspondences from President Bola Tinubu. The upper chamber adjourned for a six-week annual recess on August 17 after confirmating 45 out of the 48 ministerial nominees of President Tinubu. The Senate President, Mr Godswill Akpabio, also announced the composition of 74 standing committees on that day. Upon resumption, the Senate will commence its legislative duties by attending to correspondences from the President requesting the confirmation of some appointments he made. The appointments include those

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has revealed in a survey that Nigerians expect prices of goods and services to rise in 2020. In its Consumer Expectations Survey report for fourth quarter (Q4) of 2019 released on Friday, January 3, the apex bank explained that expectations were high as Nigerians consider hike in prices of food, education, among others inevitable this year. The Q4 2019 Consumers Expectation Survey, which was conducted during the period, November 18 – 27, 2019 from a sample size of 2,070 Households randomly selected from 207 Enumeration Areas(EAs) across the country, showed that

By Modupe Gbadeyanka​ Friday, June 16, 2017 has been fixed for the third edition of NSE Bloomberg CEO Roundtable to take place at the Stock Exchange House in Marina, Lagos. The forum will bring together thought leaders with a wide range of perspectives on the economy, from the financial, agriculture, manufacturing, academic and public sectors, and will be headlined by the Minister of Finance, Mrs Kemi Adeosun. It will feature a keynote presentation, panel discussions and insightful research and analysis on the Nigerian Economy from a Bloomberg economist. The CEO Roundtable is an initiative of the Nigerian Stock Exchange (NSE)

By Dipo Olowookere Treasury bills yields marginally rose on Friday as investor appetite for the government’s debt instrument weaned. It was observed at the market yesterday that investors were demanding for higher yields from willing sellers. According to analysts at Zedcrest Research, this left the T-bills market relatively stable with slight demand seen on some of the short and mid-tenured bills due to the relatively buoyant level of liquidity in the system. “In the coming week, we do not expect this trend to change, as demand for T-bills remains relatively week, despite the persistently robust system liquidity levels,” Zedcrest Research