Author: Newsjaunts
Adesuwa Renee Ogiozee, popularly known as the auto queen is arguably the biggest Nigerian female auto dealer in the United States of America, USA. She has carved a niche for herself in the global auto market. And with over 2,000 exotic automobiles sold worldwide, Renee motors and Logistics LLC, which was incorporated in 2016 has become the go-to auto brand for celebrities and people of means across the world. But greatness comes with envy. And it’s really no shock that Adesuwa has had a fair share of her own moment of darkness over the last three years. The high-flying entrepreneur…
Mouka, Nigeria’s leading manufacturer of mattresses, pillows, and beddings, has expanded its distribution network within the Oyo state metropolis. With the opening of the grand Justrite outlet in the Eleyele area of Ibadan, consumers now have another avenue to experience and purchase Mouka products in a modern and serene atmosphere. As a special guest, Sola Sobowale, Mouka’s Brand Ambassador, graced the official opening of the Justrite store. After the ribbon cutting ceremony by the management of Justrite Superstores, Dr Ayodele Aderinwale (Chairman), Mrs. Oluwatosin Aderinwale (CEO), and Mrs Omoboye Fejeke (Executive Director, Operations), on Tuesday, 15th of April 2024, consumers trooped…
By Tom Garba A group under concerned citizens of Nigeria umbrella nation wide said the Minister of Federal Capital Territory (FCT), Barr Nyesome Wike is punitive and capable to divide Nigeria along regional and ethnics lines.The group during a world press conference with Dr Joseph Jabani to have addressed journalists at Carlton gate hotel FESTAC, Lagos cried for justice on behalf of Integrated Facilities Management Services Ltd ( IFMSL) Under the Good management of Its Managing Director Senator Abubakar Ahmed MoAllayidi whose contract with Abuja Investments Company Ltd (AICL) was illegally revoked.Jabani said the implications of revoking the contract with…
The Sports Writers Association of Nigeria, SWAN, Ogun State Chapter has felicitated the President of Remo Stars Football Club, Hon. Kunle Soname on the occasion of his 58th birthday.In a statement signed by the State SWAN Secretary, Mr. Olusegun Folarin described Otunba Soname as an architect of modern football management, whose contributions to the sports development had continued to be a reference point across the globe.The association also acknowledged the exceptional philanthropic gestures of the celebrant to the association’s programmes especially the SWAN Security Cup in the state remained indelible in the history of the state.”The association rejoices with you…
Ogun Monarch, Ologere of Ogere, Oba James Obafemi Saliu, has donated a Toyota Sienna bus to the Ogere Police Divisional Headquarters to boost their anti-crime operations in and around the Ogere community. The donation was part of the week-long activities to mark the one year anniversary of the royal father on the throne. He had promised the people of the community during his coronation last year that he was going to ensure their security. The Oba also donated a well-furnished security building for the joint use and coordination of the activities of other paramilitary outfits in the community. A renowned…
When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock, financial analysts concluded that the road to attaining Tier1 status by the bank is closer than ever imagined.In full year 2022. Fidelity Bank briefly fell into the Tier 1 category and saw the highest gross earnings of N337.10 billion and profit before tax of N53.68 billion. The bank’s higher interest income relative to interest expense led to a net interest margin of 7.70 per cent, ahead of other similar banks.Regarding its financial position, the…
In a recent revelation from the Nigerian Communications Commission (NCC), Airtel Nigeria has emerged as a standout performer in the country’s telecommunications sector, marking significant gains in market share over the past year. According to the NCC data, by the end of March 2024, Airtel Nigeria has grown its market share over the last year into a remarkable 29%, solidifying its position as a leading telecom provider in the region. In stark contrast, other mobile network operators such as MTN and 9mobile have faced considerable setbacks, with MTN witnessing a notable 3.19% decline in market share and 9mobile experiencing a…
Nairobi, Kenya; Friday 26th April 2024 Earlier this week in Nairobi, Kenya Interswitch Group, one of Africa’s most influential payment players formally unveiled their 2024 Global Payments Innovation Jury Report, a significant research effort into the outlook for innovation in payments globally, conducted in partnership with The World Bank, and notable international payment operators, namely HPS and Fime. This is sequel to the 1st unveil of the report in Lagos, Nigeria, where Interswitch is Headquartered in mid-MarchPresenting the latest report titled: “Market meltdown – impacts on infrastructure, regulation and innovation” at Interswitch’s offices in Nairobi, East Africa’s key hub for…
……celebrates Airline For The Commencement of the Lagos-London Route
In a move disrupting financial services in the state capital, the Kaduna Internal Revenue Service (KADIRS) sealed all United Bank for Africa (UBA) branches within the metropolis today. This action comes after UBA allegedly failed to settle a N14.3 million tax debt.Hajiya Aysha Ahmad, KADIRS Board Secretary and Legal Adviser, confirmed the enforcement, citing the bank’s resistance to calls for payment despite “numerous demand notices.”“We’ve exhausted all communication channels,” Ahmad stated. “They even challenged the assessment in court, but the tax appeal tribunal’s decision still required them to settle the dues.”KADIRS emphasized that this action serves as a starting point…