KEY TAKEAWAYS The Office of the Auditor-General for the Federation said it could not verify…
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Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced the grand finale of the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. Launched in 2019, Wema Hackaholics is a groundbreaking initiative designed to harness the creativity and entrepreneurial spirit of Nigeria’s youth, providing them with a platform to turn their tech-driven ideas into reality. The highly anticipated Hackaholics 5.0 grand finale will take place on November 27th, 2024, under the theme, “Meta Idea: Capitalizing Africa’s Growth Through Innovation.” This year’s theme aims to showcase how tech-driven solutions can…
It was President Bola Tinubu that declared that in the first half of this year, the revenue of Nigeria soared to over N9.1 trillion, compared to the first half of 2023.For instance, N5.2 Trillion accrued into the Federation Account for the period January to June 2023, while a total of N7.3 Trillion accrued into the account for the period July to December, 2023.However, for June this year, accruals into the Federation Account rose to N2.483 trillion in June 2024. It was N2.324.792 trillion in May, meaning for the two months of May and June this year alone, about N4.8 trillion…
…calls on CBN to investigate payment claims The Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud traced to the Nigerian National Petroleum Company Limited’s (NNPCL) and some of its business partners in the last 42 days. This revelation came to light during a press conference held in Abuja on November 15, 2024. According to CELT, Nigeria imported 1.5 million metric tonnes of premium motor spirit, 414,018 metric tonnes of diesel, and 13,500 metric tonnes of aviation fuel between October 1 and November 11. Henry Owolabi, the Executive Director of the coalition…
Ogun State Governor, Prince Dapo Abiodun, has felicitated Chief Bukola Olawale Olopade on his appointment by President Bola Tinubu as the Director-General of the National Sports Commission, describing him as a worthy ambassador of Ogun State.Governor Abiodun, in a congratulatory message signed by his Chief Press Secretary, Lekan Adeniran, said Olopade, with his wealth of experience spanning decades in sports administration, would definitely perform beyond expectations in the new role.He further noted that Olopade has carved a niche for himself in sports administration through unwavering dedication and tenacity, adding that the appointment represents a round peg in a round hole.The…
The first draw for Globacom’s customer reward promo tagged ‘Festival of Joy’ was held on Thursday in Warri, Delta State. The exercise was conducted at the Delta Mall Gloworld, and was witnessed by Glo subscribers, members of the media and a representative of the National Lottery Regulatory Commission (NLRC), Mr. Anwyuli Efejukwu. Globacom explained on the occasion that the lucky winners who emerged from the draw will receive their prizes next week Thursday, November 21, 2024, at the same Gloworld in Warri. Winners to receive prizes on the scheduled date, according to the company, include the winner of a brand…
Kwara State Governor AbdulRahman AbdulRazaq has commenced the rehabilitation and upgrading of Roundabout Omoda – Oja Oba.The ongoing rehabilitation and upgrading work at Roundabout Omoda – Oja Oba is the continuation of Governor Abdulrazaq’s rural-urban renewal initiative kicked off five years ago. Several roads across the State have been linked in the last five years through this scheme featuring the construction of new roads, rehabilitation and upgrading of those in decrepit conditions.This strategic initiative has not only eased the movement of vehicles across the State but is also confirmed to have boosted local economy across the state.Meanwhile, the bus palliatives…
Digital solution company, Globacom has expressed its readiness to partner Bowen University on digital services like Glo Learning Management System (LMS), Toll-Free Data, and Mobility services to accelerate the development of the University. Speaking at a business meeting with the Vice Chancellor of Bowen, Globacom’s Enterprise Business Lead, Adeniyi Odejobi, stated that the company pioneered revolutionary changes in the telecommunications industry in Nigeria in the last two decades. He described Globacom as a leading digital solutions provider, servicing enterprises, SME’s, big sized corporate entities, public sector organizations, universities and millions of individuals all over Nigeria. He highlighted Globacom’s innovations which…
By Oladapo Sofowora Whether admired or criticized, Comptroller General of Customs, Bashir Adewale Adeniyi MFR, is unwavering in his mission to transform the Nigeria Customs Service. His primary focus is to safeguard the nation’s borders against economic sabotage while boosting revenue and facilitating seamless trade relations between importers and exporters, ultimately fostering economic growth and stability for Nigeria. Since his appointment by President Bola Ahmed Tinubu’s administration last year, Bashir has utilized his exceptional acumen and strategic insight to elevate this crucial law enforcement agency. Many initially doubted his ability to succeed, but he is decisively silencing his critics with…
Influential Edo State politician, Anthony Ojo has congratulated Senator Monday Okpebholo after being sworn-in as the new Governor of the State. In his congratulatory message, Ojo expressed confidence in the abilities of Gov Okpebholo to bring the dividends of democracy close to the people of Edo State. “The people of Edo State have total trust in your five-point agenda, capacity as a leader, and this is evident with their immense show of love. We have no single doubt that under you, this state will progress to the promised land,” the statement reads. Meanwhile, Anthony Ojo has confirmed his aspiration to…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has collaborated with Mastercard to launch a commemorative debit card in celebration of UBA’s 75th anniversary. This collaboration aims to honor UBA’s long-standing customer relationships and enhance their banking experience with a range of offers and discounts across multiple platforms. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who spoke at the unveiling, highlighted that the card comes loaded with certain benefits aimed at rewarding customers, including limited 25% off purchases on Jumia and USD75 cashback on transactions made through AliExpress. He added that this initiative symbolizes the shared vision between UBA and Mastercard towards empowering Africans by enhancing customer experience through secure and convenient…