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Sanwo-Olu, Hamzat Second Term Inauguration Services Hold Friday, Sunday

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…Cultural Carnival on Saturday     A special Jummat and Interdenominational Church Services will be held to mark the inauguration for a second term of Governor Babajide Sanwo-Olu and his deputy, Dr. Kadri Obafemi Hamzat.   The two services, which are part of the 11-day inauguration programme, will be held simultaneously in the five divisions of Lagos State - Ikorodu, Badagry, Ikeja, Lagos Island and Epe - on Friday and Sunday.    A cultural display has also been scheduled to hold at the Agege Stadium, on Saturday to celebrate Governor Sanwo-Olu and his deputy who were both sworn in on Monday.   The swearing-in was witnessed by thousands of Lagos residents at the historic Tafawa Balewa Square, Onikan. Millions watched live on television and social media.    The post-inauguration Jummat Thanksgiving Service, which is scheduled for Day Nine, will hold simultaneously at the five divisions’ Central Mosques in Ikeja, Badagry, Ikorodu, Lagos Island and E...

Irora Iya, Ripples, And More Awesome Shows Airing This June On GOtv

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  No matter how unpredictable life gets, one thing that will always remain constant is the amazing lineup of programmes GOtv offers every time, and this June is no different. This month will see the return of the widely acclaimed Yoruba drama series Irora Iya, the reboot of Zeb Ejiro's 'Ripples’, and much more. Here are some must-watch programmes showing this month on GOtv: Irora Iya: This local drama series has been described by viewers as a captivating blend of drama, suspense, and cultural richness. Irora Iya reflects societal realities regarding teenage pregnancies. It follows the life of Morayo, a teenage girl who gets pregnant after secondary school, runs away from home, tries to abort her baby but falls into the hands of a child trafficker who detains her against her will. It starts on June 3rd at 4.30 pm on Africa Magic Yoruba (ch. 2) and will air every Saturday and Sunday at the same time on the same channel. Covenant: Epic drama meets high society intrigue in this s...

Sterling Bank Declares Bounty At 61st AGM

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L-R: Executive Director, Commercial & Institutional Banking, Tunde Adeola, Non-Executive Director, Olaitan Kajero, Chief executive, Abubakar Suleiman, Chairman of Board, Asue Ighodalo, Company Secretary, Temitayo Adegoke, Non-Executive Director, Tunji Mayaki, Executive Director of Operations, Raheem Owodeyi, all of Sterling Bank at the 61st AGM Lagos, Nigeria: The shareholders of one of Africa's fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a recommendation of dividends of 15 kobo per ordinary share; a fifty percent increase from that paid in 2021.  The shareholders gave this commendation at the 61st annual general meeting of the bank held in Lagos on Wednesday.    Speaking at the meeting, Mr. Rilwan Hamza, one of the shareholders,  commended the board members and staff of the bank for the wonderful financial perfor...

Customers Laud Polaris Bank Exclusive Banking Product

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... Commend Partnerships and bundled investment initiatives   Nigeria's leading Retail Bank, Polaris Bank has announced the launch of its exclusive banking product aimed at serving its High Net-worth Individuals (HNIs) seeking innovative investment options in challenging economic times.   The unveiling which took place in Ikoyi, Lagos, on Tuesday was attended by esteemed guests, industry experts, and corporate customers from across the country.  The exclusive banking proposition, designed to guide HNIs towards high-yield investment opportunities, received an overwhelmingly positive response from customers present at the launch with most of them offering their testimonials, and endorsements, to the value offered by the products.  A customer and Founding Partner of a Lagos-based Law Firm at the event Mrs. Damilola Adegbenro, noted, "Polaris Bank has provided me with personalized guidance and access to exclusive investment options, helping me navigate the comp...

Naira Devaluation’s Fake News, Says CBN

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The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false , warned that such reports  could have  serious adverse consequences for the economy. According to the top official, the CBN has not changed its strategy of allowing a gradual convergence of the parallel and official market  exchange rates. “The report is not true.  The CBN has not devalued the naira. The  exchange rate of the naira on the FMDQ website as at yesterday  was N464.67 per dollar. The authors of the report may have their own agenda, but the CBN’s plan is that the best approach is to allow for a gradual convergence of all the rates.”

Nigeria Air: Anti-graft Group, SELIP Demands Sirika’s Arrest Over Fraud, Petitions EFCC

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A Nigeria-based anti-corruption group, SecureWorld and Liberty Initiative for Peace, SELIP, has petitioned the Economic and Financial Crimes Commission, EFCC, to arrest and probe the immediate past Minister of Aviation, Hadi Sirika, for allegedly using the establishment of a national carrier, Nigeria Air, to perpetrate fraud and commit economic sabotage.   The petition, which was addressed to the EFCC Chairman, Abdulrasheed Bawa, was signed by the Executive Director of SELIP, Comrade Mark Adebayo, requesting the anti-graft agency to investigate the outgoing minister for undertaking ventures designed to benefit a few individuals and lead to the eventual collapse of aviation, a critical sector of the Nigerian economy.   The group noted with dismay the unveiling of an aircraft on Friday in Abuja purportedly belonging to Nigeria Air, despite an existing court order restraining the minister from taking any action regarding the project.   The group alleged that in a desperate b...

Wema Bank SME Business School Trains 250 SMEs In Benin City

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L-R:  Arthur Nkemeh; Head SME Banking,Wema Bank; Ms Debora Enakhimion; Permanent Secretary Office of the Secretary to State Government; Edo state; Tunde Mabawonku; Executive Director Digital and Retail Banking, Wema Bank; Mrs Violet Obiokoro- Managing Director; Edo State Skills Acquisition Agency (Edo Jobs); Osa Abbe (Assistant Director, Debt Management Office, Ministry of Finance, Budget, Economic Planning & Development) at the just concluded SME Business School organized by Wema Bank in Benin. Small and medium enterprise (SME) owners at the just-concluded Wema Bank SME Business School held in Benin have lauded the bank for the business transformation sessions.  A total of 250 participants comprising SME customers and non-customers alike attended the 5th edition of the Wema Bank SME Business School designed to impart business management skills, entrepreneurial knowledge, and financial and marketing management skills to boost the success of...