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Vice President Kashim Shettima has praised the economic policies of the President Bola Tinubu administration, stating that they are already showing positive results. Shettima highlighted the increased allocations available to states from the federation account, attributing it to the absence of unaccounted fuel subsidies. He emphasized the need for a strong partnership with the banking and finance industry to propel Nigeria's economic growth and rejuvenation. Shettima also outlined the priorities of the Tinubu administration, including food security, poverty eradication, economic growth, access to capital, and improved security. The article discusses the importance of cooperation from stakeholders in implementing these priorities and commends the reform initiatives undertaken by the Tinubu administration.
Dr. Akande Tunde Kazeem, founder of Akande Tunde Movement (ATM), has generously donated materials to aid coaching classes for secondary school students in Ido Local Government. This initiative aims to prepare indigent students for the upcoming academic session and improve their performance in national examinations. The Secretary of the Education Authority commended Dr. Akande's selflessness and called for more participation by individuals genuinely concerned about the welfare of the masses in governance.
AXA Mansard has launched the second cohort of its insurtech accelerator programme, the Innovation Exchange Programme, in Nigeria. The 15-week programme aims to develop insurtech solutions and help startups scale in the insurance industry. Following the success of the first edition, AXA Mansard is committed to empowering insurtechs and driving digital transformation in the sector.
Niger state accountants have been urged to venture into entrepreneurship and foster collaboration within the accounting community. The call was made at the 124th general meeting of the Association of National Accountants of Nigeria (ANAN) in Niger state. Professor Muhammad Abubakar Mawoli emphasized the importance of expanding skills and exploring opportunities beyond traditional accounting practices. The meeting further highlighted the need for accountants to transition into successful entrepreneurs.
The Nigeria Sovereign Investment Authority (NSIA) recently hosted members of the House of Representatives who came to Lagos to assess the impact of various projects undertaken by the Authority on the country's economy. The visit primarily focused on healthcare, infrastructure, and agriculture. The lawmakers praised the NSIA's interventions in the healthcare sector, particularly at the NSIA-LUTH Cancer Centre. The NSIA has made significant investments in the healthcare industry, including the establishment of modern medical diagnostic centers and plans for expanding the oncology and diagnostic facilities across Nigeria. Additionally, the lawmakers inspected the Golden Fertilizer Company Limited, revived under the Presidential Fertilizer Initiative, and the Lagos-Ibadan Expressway.
Ebonyi State Union in the United Kingdom has awarded scholarships to 68 students from Ebonyi State studying in tertiary institutions in Nigeria. The students, selected on merit, received a grant of N50,000 each. The annual scholarship scheme aims to support less privileged students and promote education in the state.
The Ogun State Coordinator of the National Youth Service Corps (NYSC), Mr. Chris Jimba, has cautioned corps members against engaging in the local politics of their host communities. During the closing ceremony of the 2023 Batch B Stream II orientation course, Mr. Jimba urged the corps members to fully embrace their postings and contribute positively to their host communities. He also called on employers to mentor and support the corps members, while emphasizing the importance of security consciousness.
Modupe Salahudeen, the chief executive of a beauty clinic in Lagos, has warned Nigerian women against the practice of bleaching their skin, citing the potential health risks involved. She urged women to maintain their natural skin and seek the guidance of beauty experts for safe and effective ways to enhance their appearance. Salahudeen emphasized the importance of education, training, and passion in the beauty industry, while also highlighting the need for regular equipment replacement. She encouraged young women to work hard and believe in themselves, emphasizing self-reliance and independence.
Despite the call by the Nigeria Labour Congress (NLC) for a nationwide two-day strike, several commercial banks in Lagos, including Access Bank, First Bank, Guaranty Trust Bank (GTB), Zenith Bank, and Sterling Bank, continued their operations. The strike was organized to protest the removal of fuel subsidy, citing increasing hardship and suffering. Despite the rainy weather, markets and transport services were also in operation.
An economist, Prof. Akpan Ekpo, has urged the Central Bank of Nigeria (CBN) to take seriously the currency swap agreement with Peoples Bank of China (PBoC) to reduce reliance on dollars for trade. This article discusses the importance of implementing the Nigeria-China currency swap and its potential benefits for businesses and the Nigerian economy.
The CEO of First Bank Group, Dr. Adesola Adeduntan, emphasized the convenience of banking transactions for customers during a recent event. He highlighted how technology has made it easy for customers to make payments, withdrawals, and other transactions, giving them more time for personal activities. Adeduntan also spoke on the future of banking, emphasizing the importance of technology in driving access, convenience, and development.
Ebonyi State Governor, Francis Nwifuru, has donated N15 million for a kidney transplant surgery for Chidera Aja, a student at Ebonyi State University. The prompt release of funds aims to prevent further complications in Chidera's health condition. The father of the recipient expressed gratitude for the governor's support.
The Federal Capital Territory (FCT), Chapter of the University of Maiduguri Alumni Association has paid the medical bills of 51 patients at the National Hospital, Abuja, to mark the 57th birthday of Vice-president Kashim.
The University of Lagos (UNILAG) has introduced an instalment payment option for students in response to the recent fee increase. With this new initiative, students can now pay their tuition fees in instalments, easing the financial burden on both new and returning undergraduates. The article provides a breakdown of the payment process and highlights the importance of timely payments for examination dockets and registration.
The Nigeria Labour Congress (NLC) has initiated a two-day warning strike to protest against the Federal Government's failure to address the challenges arising from the removal of fuel subsidies. The strike has gained extensive support from various stakeholders, including the banking sector and civil society organizations, as they unite to tackle the country's growing economic crisis. This article explores the motivations behind the strike and its potential implications for Nigeria.
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