CIBN to Confer Fellowship Honours on Adesina, Others

By Adedapo Adesanya  The Governor of Lagos State, Mr Babajide Olusola Sanwo-Olu, has sacked the General Manager of the Lagos State Traffic Management Authority (LASTMA), Mr Bolaji Oreagba. It was disclosed that Mr Oreagba was removed from office because of the various incidences of misdemeanours among staff of the traffic control agency. According to the Permanent Secretary in the Ministry of Transportation, Mr Olawale Musa, the Governor has appointed Mr Olalekan Bakare-Oki as the acting general manager of LASTMA with immediate effect to bring sanity into the organisation. Mr Musa explained that the new chief of LASTMA was favoured for

By Adedapo Adesanya The Senate has officially confirmed Mr Adamu Aliyu as the substantive chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). He was confirmed following a screening session at the plenary on Thursday, a day after President Bola Tinubu pleaded with the upper chamber to speed up his confirmation. The screening commenced at approximately 11:50 am following a request by Mr Bamidele Opeyemi to temporarily suspend specific Senate rules, permitting external individuals to enter the chamber. The Deputy Senate President, Mr Jibirin Barau, led the screening of Mr Aliyu, who was the Attorney General of

By Aduragbemi Omiyale Mr Zikrullah Kunle Hassan has been removed as the Chairman and chief executive of the National Hajj Commission of Nigeria (NAHCON). A statement issued on Tuesday night by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, disclosed that Mr Hassan was sent on compulsory leave. It was disclosed that the NAHCON chief was asked to embark on a three-month pre-retirement leave from today, Tuesday, October 18, 2023. According to the statement, the action of President Bola Tinubu is in line with the Public Service Rule (PSR) 120243. Mr Hassan is due to

By Adedapo Adesanya President Bola Tinubu has approved the appointment of 20 Nigerians to serve as Federal Commissioners in the National Population Commission (NPC). According to a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, nine current Federal Commissioners were appointed to a second term in office, while the 11 others are serving their first term. The list includes Mr Emmanuel Trump Eke — Abia, Mr Clifford Zirra — Adamawa — Reappointed, Mr Chidi Christopher Ezeoke — Anambra — Reappointed, Mr Isa Audu Buratai — Borno — Reappointed, Mr Alex Ukam —

By FSDH Research Investors’ participation in the Federal Government of Nigeria (FGN) Savings Bond has not been impressive since the introduction of the Bond in March 2017 despite the increase in the coupon rate (interest rate) on the Bond. The amount allotted dropped consistently from N2.07billion in March 2017 to N400.57million in July 2017. The total number of investors in the FGN Savings Bond also dropped from 2,575 in March 2017 to 779 in July 2017. The coupon rate on the 2-year Bond which was 13.01% in March 2017 stood at 13.39% in July 2017 while the coupon rate on

By Adedapo Adesanya The Nobel Prize in Literature has been awarded to Norwegian writer, Mr Jon Fosse, for “his innovative plays and prose, which give voice to the unsayable,” according to the Royal Swedish Academy. One of his country’s most-performed dramatists, Mr Fosse, 64, has written some 40 plays as well as novels, short stories, children’s books, poetry and essays. Learn more about the 2023 #NobelPrize in Literature: https://t.co/dVT9QJr7PM — The Nobel Prize (@NobelPrize) October 5, 2023 Mr Mats Malm, permanent secretary of the academy, announced the prize Thursday in Stockholm. Mr Malm said he reached Fosse by telephone to

By Aduragbemi Omiyale For putting women in leadership and key decision-making roles, MTN Nigeria, Cadbury Nigeria, Sterling Bank, Access Bank and others have been honoured at the 2023 Gender Leader Awards. At the ceremony held on Thursday, June 15, in Lagos, MTN Nigeria was spotlighted as the Outstanding Gender Leader for its outstanding leadership in advancing gender equality initiatives. Also, Access Bank, MTN Nigeria, Stanbic IBTC and Sterling Bank were recognized under the Company Leadership Gender Diversity category, while Cadbury Nigeria and Lafarge Africa were recognized in the Company Board Gender Diversity category for achieving a gender balanced board of

By Modupe Gbadeyanka The board of Greif Nigeria Plc has agreed to delist shares of the company from the Nigerian Stock Exchange (NSE) next year. However, to make this effective, the board of directors is calling for an Extra-Ordinary Meeting (EGM) to be held on January 23, 2020 to seek approval of the company’s shareholders. Also, at the EGM, the board wants the authorisation of the investors to sell the company’s properties in Lagos; the one at its present head office and another property around the area. A notice from Greif Nigeria said the board took the decisions to exit

**I Don’t Regret Slapping in Public By Modupe Gbadeyanka It came as a rude shock to fans of the movie industry in Nigeria recently when news emerged that two of the leading actresses engaged in a shameful public display. How it happened It was the burial of the father of a socialite, Mr Bamidele Omosehin, in Lagos, with Remi Surutu, Fathia Balogun and others in attendance. While the party was going and the guests were marrying, Remi Surutu stood up from her table and went straight to where Fathia was sitting with others. She gave her colleague an unprovoked slapped,

By Precious Olisa The United Arab Emirates (UAE) has established a circular economy committee that will develop a national strategy for the efficient use of resources and reducing waste in the country. A statement disclosed that the team would focus on the circular economy principles of reducing, reusing and recycling materials to minimize environmental impact and save resources. The new circular economy committee comprises public and private sector members, who will promote investments in circularity and accelerate the adoption of circular economy practices. Last year, the UAE announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to

By Modupe Gbadeyanka Nigeria and other African countries now have access to receiving medical support through an Apple app called ‘Ada’. The custom-built Artificial Intelligence engine is developed by their team of medical doctors and scientists. Ada Health created this app to help you check your symptoms anytime, anywhere by asking simple questions without complicated medical language and it learns as the process goes on. Those that use the app can set up multiple profiles in order to manage the health of their family members as well. All the health information for each user is stored in one place: previous

By Modupe Gbadeyanka A Nigerian oil company, Eterna Plc, recorded a weekly price appreciation of 34.99 per cent or N1.27 on the Nigerian Stock Exchange (NSE) to close last week at N4.90 per unit compared with N3.63 it ended the previous week. According to data from the exchange, the market recorded 34 other price gainers, lower than 53 price risers of the preceding week. International Breweries in the week grew by 12.92 per cent to finish at N5.33 per share, Cadbury Nigeria gained 12.59 per cent to end at N8.05 per share, Guinness Nigeria rose by 12.33 per cent to