Author: thepublisherngr

•Lament loss of productive man-hour •Decry disruption of business operations, increased operational costs •Demand immediate action to normalise supplies Private sector employers in Nigeria yesterday decried the unending scarcity of the Premium Motor Spirit, PMS, commonly known as petrol across the country, saying ongoing disruption of businesses across diverse sectors, escalating transportation and logistical bottlenecks have progressively led to increased operational costs, among others. The employers, under the platform of the Nigeria Employers’ Consultative Association, NECA, expressed concern at the persistent queues for petrol at most filling stations in the country, amid dwindling productivity and economic activities. Speaking in Lagos,…

The Lagos Waste Management Authority (LAWMA), has served 343 contravention notices on construction sites at various locations around the state in the last one year. Commissioner for The Environment and Water Resources, Mr. Tokunbo Wahab, disclosed this at on-going ministerial press briefing to mark one year of the second term of Governor Babajide Sanwo-Olu Administration, in Alausa, Ikeja. He said the notices were served on them for not complying with the construction waste regulation procedure supervised by LAWMA. Wahab added that 354 new introductions notices were issued to construction firms within the same period while enforcement was carried out on…

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 3rd May 2024, this impressive growth in the topline also enhanced the bottom line, as profit before tax (PBT) rose to ₦320 billion in Q1 2024, representing an increase of 270% from the ₦87 billion…

Union Bank, one of Nigeria’s foremost and most trusted financial institutions, has announced another significant achievement with its attainment of the MSECB management system certifications in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018. The Bank was awarded these three noteworthy certifications by MSECB, a leading international provider of audit and certification services, after being rigorously assessed and found to be in accordance with the management system requirements covering Information Security, IT Service Delivery, and Business Continuity standards under the combined Information Management Systems (IMS) standards. The information security management systems ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 are internationally recognised…

A former governor of old Ondo State, Chief Olabode George (left), presenting the Daily Independent Governor of the Year (Tech Innovation) award to the Ogun State Governor, Prince Dapo Abiodun, on Sunday. The governor was represented by his Special Adviser on Media, Hon. Kayode Akinmade. Ogun State Governor Prince Dapo Abiodun has won the Independent Newspapers Governor of the Year (Tech Innovation) award for the year 2023. The award was presented to the governor, who was ably represented by his Special Adviser on Media, Hon. Kayode Akinmade, at the Eko Hotel and Suites, Victoria Island, Lagos, with former governor of…

Cristiano Ronaldo has notched his 66th career hat-trick in a resounding 6-0 win for Al Nassr over Al Wehda in the Saudi Pro League. The legendary footballer, a five-time Ballon d’Or recipient, has been in scintillating form, tallying an impressive 32 league goals this season. With just two goals shy of Abderrazak Hamdallah’s record of 34, set in the 2018-19 campaign, Ronaldo’s performance has been nothing short of remarkable with four games still remaining. Ronaldo wasted no time in making his mark on the match, breaking the deadlock in the fifth minute after capitalizing on a defensive error from Al…

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike “over their failure to account for N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, and to publish copies of the loan agreements, including details and locations of projects executed with the loans.” The suit followed the disclosure last month by Governor Uba Sani of Kaduna State that the immediate past administration of Nasir El-Rufai left $587m, N85bn debt and 115 contractual liabilities, making it impossible for the state to pay…

The prominent Cole family of Victoria Island, Lagos, has denounced the recent purported marriage of their son, Taiwo, to actress and comedian, Wofai Ewa, in a traditional ceremony in Ugep, Cross River State. In a statement issued by the family patriarch, Kunle Cole, which has since gone viral, the family dissociated themselves from the union, saying they were unaware of the marriage plans and did not grant consent or support. “This serves to notify all acquaintances, family and friends that the Cole family of Victoria Island, Lagos, are not aware of any marriage ceremony of our son,Taiwo Olakitan Cole; neither…

Federal Airports Authority of Nigeria, FAAN, and the office of the National Security Adviser, NSA, have agreed to reduce the numbers of military and paramilitary personnel at the country’s international airports who inspect passengers’ belongings. Managing Director of FAAN, Mrs Olubunmi Kuku, weekend, said the practice was worrisome, stressing that both agencies have agreed to carry out short and long term measures to address multiple checks by security operatives. According to her, plans were also in progress to ensure security personnel use the closed-circuit television, otherwise known as video surveillance, in various coordination rooms across the country’s international airports to…

L-R: Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, His Excellency Wamkele Mene, during the signing of an agreement for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent, at Zenith Bank Headquarters, Ajose Adeogun Street, Victoria Island, Lagos on Friday. Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent. The agreement which was…