Former Minister Leaves Board of UACN Property

By Adedapo Adesanya President Bola Tinubu has appointed Mrs Bisoye Coker-Odusote as the acting Director-General/CEO of the National Identity Management Commission (NIMC), a role that he will later transition into full-time and serve in for the next four years. In a statement from Mr Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, on Tuesday, the President directed the current occupier of the seat, Mr Aliyu Abubakr Aziz, to embark on a 90-day pre-retirement leave, with effect from Thursday, August 24, 2023. It was revealed that this leave would lead to his eventual retirement from service on

By Adedapo Adesanya Vice President Kashim Shettima has lauded Google’s N1.2 billion grant to the federal government’s one million jobs scheme. In a statement from Mr Olusola Abiola, the Director of Information at the Office of the Vice President, the announcement of a grant of N1.2 billion to support the administration of President Bola Tinubu’s digital jobs initiative was commendable and worthy of emulation by other companies as he received some executives of Google at the Presidential Villa on Monday. “Let’s think outside the box and create more job opportunities. We need to walk the talk. It is easy to

By Adedapo Adesanya The Governor of Lagos State, Mr Babajide Sanwo-Olu, has moved to end the impasse between the State Assembly and the executive arm of government as he replaced five names on a new list of commissioner-nominees. In the new list sent to the House of Assembly, Mr Sanwo-Olu replaced the names of Mrs Folashade Adefisayo, Mr Solape Hammond, Mrs Aramide Adeyoye, Mr Lekan Fatodu, and  Mr Rotimi Ogunwuyi with six new names –  Mr Afolabi Tajudeen, Mr Akinyemi Ajigbotafe, Mrs Tolani Sule-Akibu, Mr Yekini Agbaje, Mrs Iyabode Ayoola and Mrs Sola Giwa. This was disclosed by the Clerk

By Investors Hub European stocks are holding steady on Wednesday as firmer commodity prices and some solid earnings updates helped investors shrug off North Korea’s threat to scrap a historic summit next month between its leader Kim Jong Un and U.S. President Donald Trump. While the German DAX Index has risen by 0.3 percent, the U.K.?s FTSE 100 Index and the French CAC 40 Index are both up by 0.1 percent. Burberry has rallied after the British luxury fashion house announced another share buyback after reporting full-year adjusted operating profits above analyst estimates. Software company Micro Focus International has also

By Aduragbemi Omiyale Three local government council chairmen were on Tuesday, May 4, 2021, suspended by the Lagos State House of Assembly. The affected chairmen are Mr Ogidan Mukandasi Olaitan of the Lekki LCDA, Mr Suleiman Jelili of Alimosho local government area and Mr Tajudeen Ajide of the Surulere local government area. The trio were accused of disregarding the guidelines governing their activities and at the plenary today, the state lawmakers said they decided to punish them as they could no longer continue to watch the council chairmen stubbornly flout the state’s local government guidelines. The chairman of the House

By Modupe Gbadeyanka It was a day of honour for Union Bank of Nigeria Plc at the Nigeria2Equal Gender Leader Awards held in Lagos recently by International Finance Corporation (IFC) in partnership with the Nigerian Exchange (NGX) Limited. The bank went home with two awards for its contribution to advancing gender equality in the workplace in the Gender Equality Champion and Gender Diversity in Supply Chain categories. The recognition highlighted Union Bank’s commitment to advocating for diversity within corporate organisations, cultivating an inclusive culture that values and respects every individual. Expressing her delight at the notable recognition, the Chief Brand

By Modupe Gbadeyanka A state-of-the-art Modular Healthcare Facility (MHF) will on Wednesday, June 23, 2021, be launched at the Gbagada General Hospital, Gbagada, Lagos. The facility was put in place by Alpha Mead Healthcare Management Services, a subsidiary of the Alpha Mead Group, to accelerate access to quality healthcare for all Nigerians. Explaining further, the Group Managing Director of Alpha Mead Group, Mr Femi Akintunde, “The MHF is a customised, mobility-enhanced, prefabricated portacabin with detachable modules equipped with state-of-the-art clinical and diagnostic equipment that is designed to take quality healthcare services to the doorstep of all Nigerians.” He further disclosed

By Dipo Olowookere Renewed appetite for local stocks raised the All-Share Index (ASI) of the Nigerian Exchange (NGX) Limited above 66,000 points on Monday. Business Post reports that investor sentiment was strong yesterday, as traders cherry-picked equities across the major sectors of the domestic bourse. This elevated Customs Street by 0.90 per cent at the close of transactions, as the confidence of investors in the market is gradually building up again. Consequently, the benchmark performance indicator increased by 592.47 points to 66,151.38 points from 65,558.91 points, and the market capitalisation grew by N324 billion to N36.205 trillion from N35.881 trillion.

By Dipo Olowookere Developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, Cannabix Technologies Inc, has provided a development update on its FAIMS Beta 2.0 (field asymmetric waveform ion mobility spectrometry) based marijuana breathalyzer for the detection of 9-tetrahydrocannabinol in human breath. It said development in Gainesville, Florida and Vancouver, BC is progressing well and the Company expects to begin pre-trial live subject testing during the month of March. Since introducing the Beta 2.0 version of the Cannabix Marijuana Breathalyzer in late 2016, Company scientists have been engaged in developmental testing, method development, and continuously improving the

By Ashemiriogwa Emmanuel The Advertisers Association of Nigeria (ADVAN) has rejected the implementation of the new code of conduct titled Advertising Industry Standard of Practice (AISOP) introduced by the Advertising Practitioners Council of Nigeria (APCON). According to the association, the provisions of the framework “make an unconstitutional attempt to infringe on the rights of private entities to determine their contractual terms.” Business Post reports that earlier, APCON had released this document as part of efforts to sanitise the integrated marketing communication space given that the industry had operated without a code of conduct. Reacting to this in a statement signed

By Modupe Gbadeyanka A Federal High Court sitting in Lagos has directed the board of Diamond Bank and Access Bank to convey separate meetings to allow their respective shareholders to make decisions on the proposed merger between both financial institutions. Diamond Bank, a tier-2 company, and Access Bank, a tier-one lender, are planning to become one entity for improved services and earnings. However, before that can come to fruition, shareholders of the two companies must approve the ‘marriage.’ On Thursday, Justice O Oguntoyinbo fixed Tuesday, March 5, 2019, for shareholders of the banks to hold their respective court-ordered meetings. Business