Oando Appoints Zubairu Executive Director

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 President Bola Tinubu has appointed Mr Olusesan Olufunso Adebiyi as the new permanent secretary for the State House, Abuja, following the exit of Mr Tijjani Umar, who served from April 5, 2020, until his retirement on August 10, 2023. Mr Adebiyi, a native of Ekiti State, previously held the position of Permanent Secretary in the Federal Ministry of Health. Born on January 8, 1968, in Kabba, Kogi State, he started his early education at St. Andrew Primary School Kabba before proceeding to Ekiti Parapo College, Ido-Ekiti, Ekiti State, where he obtained G.C.E O/Level in 1983 and then

By Dipo Olowookere A total of 22 media innovators from Nigeria and other countries from Africa, the Middle East and Turkey have been picked to receive $2.1 million in funding through the second Google News Initiative (GNI) Innovation Challenge. Three media organisations in Nigeria were chosen for the challenge, with Naij.com Media Limited, publishers of the online news platform, Legit.ng, selected for ReCo, a solution that improves Internet user experience by making content recommendations based on user preferences on their home page and within articles. The second media firm from Nigeria was Richmond Hill Media Limited, owners of Ripples Nigeria,

By Adedapo Adesanya The Independent National Electoral Commission (INEC) has declared candidate of the All Progressives Congress (APC), Mr Smart Adeyemi, as the winner of the freshly conducted Kogi West senatorial district rerun election in some wards in the state. The former President of the Nigerian Union of Journalists (NUJ) defeated his contender, Mr Dino Melaye, of the Peoples Democratic Party (PDP) at the exercise held in 53 polling units across seven local government areas on Saturday. According to the INEC Returning Officer for the election, Professor Olayinde Lawal, Mr Adeyemi polled a total of 88,373 to defeat his closest

By Aduragbemi Omiyale The Nigerian Idol Seasons 6 and 7 winners, Kingdom and Progress, respectively, put smiles on the faces of Bigi drinks consumers in Lagos last weekend. They were at the Ikeja City Shopping Mall for Father’s Day and did not disappoint as they rendered songs that further endeared them to the hearts of their fans. The event, which witnessed hundreds of spectators, was organised to give the consumers as well as fans the opportunity to connect with their most cherished Nigerian Idol season 6 and season 7 winners. The atmosphere became charged as the rising star and Nigerian

By Dipo Olowookere Several illegal refineries in Delta State have been demolished by personnel of the Nigerian Navy as part of effort to curtail crude oil theft and pipeline vandalism in the Niger Delta region of the country. In the last week, a patrol team deployed by NNS DELTA discovered and destroyed a total of 10 illegal refineries at a camp around Jones Creek, Warri South West LGA of Delta State. The facilities destroyed during the raid include 200 metal tanks, 35 dug pits loaded with about 3,000 metric tons (MT) of product suspected to be stolen crude oil and

By Modupe Gbadeyanka A new technology partnership deal has been entered into between GN Hearing and Google, allowing the former become the first manufacturer to enable a full spectrum of direct audio streaming from Android devices to hearing aids. The expectations are that direct streaming will become available to hearing aid users of the recently launched hearing aids ReSound LiNX Quattro and Beltone Amaze in a future Android release. “According to the World Health Organization, around 466 million people worldwide have disabling hearing loss. This number is expected to increase to 900 million people by the year 2050. Google is

By Dipo Olowookere It was an exciting moment on Monday, April 17, 2023, for shareholders of Afriland Properties Plc at the company’s Annual General Meeting (AGM) held at the Transcorp Hilton Abuja. At the yearly shareholders’ gathering, the 10th this year, the board was authorised to pay N137.4 million as dividends for the 2022 financial year, translating into 10 Kobo for each stock held by investors. They lauded the board and the management of Afriland Properties for posting a strong financial performance despite the tough economic headwinds in the year under consideration. One of the shareholders, Mr Moses Igbrude, who

By Adedapo Adesanya Oil prices rose more than $2 on Wednesday as caution over tightening supply countered the negative impact of uncertain demand, with Brent chalking up $2.38 or 2.6 per cent to trade at $92.41 a barrel as the West Texas Intermediate climbed higher by $2.73 or 3.3 per cent to trade at $85.55 a barrel. Amid many bearish factors, prices have rallied since the Organisation of the Petroleum Exporting Countries agreed to reduce its production target by roughly 2 million barrels a day, though that is expected to only include about 1 million barrels of actual output declines.

By Ikponmwosa Amadasun Modern technological advancements continue to cause disruptions in our world, impacting nearly all areas of endeavour as we discover diverse use cases. Just like every other aspect of life, the role of technology in investing cannot be over-emphasized. Within the financial services industry, derivative innovation has led to an explosion of online or digital offerings. We now have the tools to optimize service efficiency, minimize costs, enable faster transactions, and real-time access monitoring and security features. This improved capacity has ensured a greater competitive advantage by serving as a foundation for smarter investment decisions. The adoption of