Osinbajo Tasks NGE On Media Professionalism, Journalists Welfare

Vice President Yemi Osinbajo, called on leaders of Nigeria’s media industry to rise up against bastardization of the profession.  Osinbajo represented by his spokesman, Mr. Laolu Akande, at the 2019 Biennial convention of the Nigerian Guild of Editors (NGE) in Lagos, called on professionals to evolve strategies to take back the media space infiltrated by unethical practices with the advent of the social media. He said that the advent of the new media had increased misinformation through the spread of fake news and other negative reports that often caused confusion,…

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NGE Will Continue To Provide Training, Direction For Members -Egbemode … NGE Re-elects New Exco For Another Two- Year term.

The leadership of the Nigerian Guild of Editors (NGE) says its financial status is “fertile” in spite of increasing operational expenses. NGE President, Mrs. Funke Egbemode, said this in her welcome address at the guild’s 2019 biennial convention in Lagos. The theme of the convention is “Media Convergence as Strategy for Survival.”  Egbemode said that the union had commenced the construction of an N500 million commercial plaza expected to serve as space for Abuja Editors and rental accommodation for some businesses. She said: “This current Exco inherited N50 million from…

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UBA Hinges Future Performance on Cost Efficiency, Improved Asset Quality

Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s a prudent focus on improved asset quality, as well as the continuous adoption of strict cost-efficient measures, will help the bank achieve its objectives and priorities for the 2019 financial year and beyond. Please follow and like us:

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Innoson Move To Take Over Guaranteed Trust Bank Over The Bank’s N8.7 billion Indebtedness

Innoson Nigeria Limited, Nigeria’s indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, GTB, following a ruling by the Supreme Court over the bank’s N8.7 billion indebtedness to the company. The company’s chairman, Chief Dr. Innocent Chukwuma, made the move through a “Writ of FiFa taken over Guaranty Trust Bank PLC for and on half of Innoson Nigeria Ltd” as a result of the Bank’s indebtedness to Innoson Nigeria Ltd. Please follow and like us:

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Ihedioha Warned Banks To Stop New Transactions With Out-Going Governor Rochas Okorocha…

Emeka Ihedioha, Imo Governor-elect has warned banks and other financial institutions against illegal dealings with out-going governor Rochas Okorocha. He warned financial institutions to stop new transactions with the state government or do so at their own peril.  Ihedioha said this at a media interaction at his residence in Owerri, the Imo State capital. The governor-elect warned that Okorocha could be plotting dirty deals with the financial institution to siphon state funds before the May 29 handover. He said new transactions would increase chances of illegal activities and jeopardize the financial…

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SAHCO PARTNERS ABX WORLD TO PROMOTE Farmers Hitch-Free Export Opportunity In Nigeria

Skyway Aviation Handling Company PLC (SAHCO) has reiterated its commitment to ensuring farmers have a hitch-free export opportunity in Nigeria through the provision of world-class storage facilities and logistics support for farmers and exporters. The Managing Director/CEO of SAHCO PLC Mr. Basil Agboarumi stated this during a Forum with ABX World and Agro Allied solutions team at the company’s Corporate Headquarters in Lagos. According to him, ‘SAHCO PLC has one of the best warehouses in Africa and the best in West Africa. SAHCO has invested so much on equipment. In…

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NOVA Merchant Bank Limited declares N1.15bn in profit after tax.

NOVA Merchant Bank Limited declared a profit after tax of N1.15bn for the year ended 31st of December 2018, an increase from N510.6m in 2017, as it begins to reap the benefits of its investments in its operations, technology and people. This impressive result demonstrates the Bank’s growth trajectory which is expected to accelerate as it scales its business and grows its client base. It achieved strong growth across all parameters. The Bank recorded a 54.10% growth in gross earnings from N1.22bn in 2017 to N1.88bn, grew profit after tax…

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A Nigerian And Delta Air Line Passenger Dies On Board Flight DL54

A Nigerian and Delta Air Line passenger, Micheal Ijadunmi, age 65 died on board the airline’s Flight DL54 en route Atlanta to Lagos.  A Nigerian passenger who flew from Atlanta, United States died few hours to landing at the Murtala Muhammed International Airport, Lagos, aboard Delta Air Lines. Sources said the passenger whose identity is not known had a terminal disease and was only coming home to spend the rest of his life before he died. His death caused some delays as the passengers had to wait for about two…

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Qatar Airways To Increase Weekly Flights To South Africa

Qatar Airways has stated that it would increase the number of weekly flights on its popular routes to South Africa from July 2019. Weekly flight frequencies to Johannesburg, South Africa’s largest metropolis, will increase from 14 to 18 from July, rising to 19 in August. Additional two flights will be added to the airline’s winter schedule, taking the total number of weekly frequencies to 21 by the end of October 2019. In addition, passengers hoping to soak up some sun on some of South Africa’s most beautiful scenic beaches will…

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