Author: Newsjaunts
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…
Ogun State Governor, Prince Dapo Abiodun on Tuesday said various policies put in place by the President Bola Ahmed Tinubu-led administration aimed at putting the country on the right economic trajectory have started yielding positive results.According to him, Nigeria has now become an attractive brand that is sellable in the global community, saying it is incumbent on public relations specialists to start selling Nigeria’s renewed hope agenda of President Bola Ahmed Tinubu around the world as a way of attracting more investments to boost the real sector of the economy.The governor spoke at the maiden edition of Nigeria Public Relations…
Residents of Imala Community in ward 14 Abeokuta North Local Government Area of Ogun State are appealing to the State Governor, Prince Dapo Abiodun, to address the deplorable state of roads in their community.Chairman of Oke-Ogun Area CDC in the local government, Prince Adebayo Mukaila Adeoye during an interview with News Channel in Imala on Saturday emphasized the community’s decades-long struggle for road improvements, adding that they are in dire need of interventionMukaila added that the 7km Imala road, linking to Imeko, has deteriorated over the years, posing significant challenges and dangers to residents and impacting economic activities.He stated that…
The National Commission for the Co-ordination and Control of the Proliferation of Small Arms, Ammunitions and Light Weapons (NATCOM) has lauded the successful completion of its Orientation/Awareness Training programs held in Delta State, Ogun State, the FCT, and various states across the nation. In a press release from the office of the Acting Director General, Amb. Dr. Otunba Adejare Rewane Adegbenro, commendations were extended to all involved parties for their contributions to the success of the initiative.The Acting Director General expressed heartfelt appreciation to the planning committee, collaborative partners both local and international, including the International Human Rights Commission (IHRC),…