Sterling Bank Limited has emerged multiple award winner at the fourth Development Bank of Nigeria Service Ambassadors Award Ceremony and Dinner recently held in Lagos. A statement from the bank on Wednesday indicated that the bank won in three categories; DMB with the Highest Impact on Youth; DMB with the Highest Impact on Women MSMEs; and the DBN Platinum Service Award. DBN Platinum Service Award was the highest honour of the evening and came with an N5m technical assistance grant. The DBN Service Ambassadors Award Ceremony serves as a platform to acknowledge and encourage financial institutions that have made significant…
Author: UZDO Media
The governorship candidate of the All Progressives Congress in Edo State, Senator Monday Okpebholo, on Thursday, pledged to give interest-free loans to traders if voted into power as the next governor of Edo State on September 21. Okpebholo made the promise on Cook Road, Benin City, while addressing traders at the New Building Materials Sellers Association on Cook Road in Benin City. Okpebholo also promised to help the traders build the association’s secretariat on the plot of land donated to them by the late Oba of Benin, Oba Erediauwa II. He said, “Traders are very important in the development of…
Fidelity Bank Plc has partnered with ImpactHER to host another round of free digital and artificial intelligence skills training for businesswomen. The training, organised by ImpactHER, was held for five days and 1,276 women entrepreneurs were trained in digital and AI skills. Highlighting the importance of the training within Fidelity Bank’s strategy, the bank’s Divisional Head of Product Development, Osita Ede, said, “Available data points to the fact that women-led small businesses account for over 40 per cent of micro, small, and medium enterprises in Nigeria. This underscores the critical role female entrepreneurs play in driving economic growth. “At Fidelity…
A scrutiny of the Ekiti State open contracting portal has uncovered potential breaches of the state’s procurement laws. The Ekiti State Bureau of Public Procurement law mandates open competitive bidding for contract awards, with specific guidelines for restricted bidding. However, an examination of the law reveals a concerning discrepancy: high-ranking officials, including permanent secretaries and general managers are given contracts, despite no provision for such exceptions. Ekiti State procurement law requires open competitive bidding. Restricted bidding guidelines are clearly outlined while no provision allows contracts for high-ranking officials. The revelations raise questions about the state’s commitment…
The governorship candidate of the Labour Party in Edo state, Olumide Akpata, has denied being sponsored by the State Governor, Godwin Obaseki, as speculated ahead of the September 21 election. The immediate past president of the Nigerian Bar Association made the rebuttal when he was featured as a guest on Thursday’s edition of Channels Television’s Politics Today. Akpata said that despite being his kinsman, he could not be a Plan B to Obaseki’s government, which has been scored low by the Edo people for performing woefully in office. The LP governorship candidate also cleared the air when asked to tell…
A former Secretary to the Government of the Federation, Senator Anyim Pius Anyim, on Thursday, said the Offices of the Secretary to the Government of the Federation and the Secretary to State Governments were not creations of the law. He has therefore called for the institutionalisation of the offices so that they can be protected by law. Anyim stated that Sections 171(1)(2) and 208 of the constitution only specify the SGF and the SSGs as officers who the President and governor have the authority to appoint to exercise their executive powers. Speaking at the first meeting of the Forum of…
The Minister of Information and National Orientation, Mohammed Idris, has called on Chinese media outlets to join forces with Nigeria and other international partners in the fight against fake news and misinformation. Idris made this appeal on Thursday, during the unveiling of a television documentary titled “Traverse China with Me” at the China Cultural Centre in Abuja. The documentary is a collaborative effort between the Nigerian Television Authority and the China Media Group. Idris, in a statement released by the Deputy Director of Press, Suleiman Haruna, pointed out the essential role of media in guiding society, promoting mutual understanding, and…
The Chancellor of Afe Babalola University, Ado Ekiti, Aare Afe Babalola, SAN, has faulted the Federal Government’s decision to bar students under 18 from writing examinations conducted by the West African Examination Council and National Examination Council and as well gaining admission to universities in the country. Afe Babalola, who said that the new policy was unacceptable and retrogressive, cautioned the government against using its policies to retard growth and pursuit of young citizens who would provide solutions to a myriad of challenges confronting the nation. The ABUAD founder, while speaking in Ado Ekiti on Thursday in reaction to the…
The management of Ajayi Crowther University, Oyo State, has distanced itself from a fraudulent recruitment advertisement currently circulating, which falsely claims to offer lecturer positions at the institution. In a press statement signed by the Vice-Chancellor, Prof. Timothy Adebayo, on Thursday, the university described the advertisement as deceptive and urged the public to disregard it to avoid falling victim to scammers. “We are aware of an advertisement that falsely claims to offer recruitment opportunities for lecturer positions at our institution. “To set the record straight, this advertisement does not originate from Ajayi Crowther University. It is a scam designed to…
The Federal Government on Thursday approved an increase in the statutory allocation of Universal Basic Education matching grants accessible by state governments for infrastructural projects, raising the amount to N3,554,642,584.46. The Executive Secretary of the Universal Basic Education Commission, Hamid Bobboyi, announced this during a five-day financial training session for SUBEB Chairmen and Board Secretaries in Ibadan, the Oyo State capital. A statement by the UBEC Public Relations Officer, David Apeh, quoted the executive secretary as saying that the increased matching grants for states to implement projects come from 2% of the consolidated revenue fund allocated to support basic education…