Stanbic IBTC Asset Management has launched the Investbeta game show, a distinctive and innovative initiative to improve financial literacy among young adults. The Investbeta game show will offer engaging quiz-style challenges covering various critical financial segments. From savings and budgeting to investments and retirement planning, the platform aims to teach financial education in a fun and memorable way, as participants compete for a slice of the ten million Naira investment portfolio. Busola Jejelowo, Chief Executive, Stanbic IBTC Asset Management, speaks on the aim of the new game show. “With Investbeta, our goal is to empower Nigerians,…
Author: Orientalnews Staff
In preparation for the upcoming Nigerian Air Force (NAF) 60th Anniversary celebration scheduled to hold at Abuja and Kaduna from 23-25 May 2024, the Chief of Air Staff (CAS), Air Marshal Hasan Abubakar was at the NAF Base Kaduna yesterday 30 April 2024 to inspect the installation of some airfield landing aids and ongoing projects critical to the successful hosting of the Anniversary. One of the equipment inspected by the CAS is the installation of the Instrument Landing System (ILS) with its accompanying equipment, which includes the localiser, glide slope and Distance Measuring Equipment. To forestall any power interruption, the…
Joyce Onwuka HTL Africa, a leading architectural design firm, along with technology giant Samsung, hosted a private showcase themed “Architecture at the Nexus of Tradition and Technology”, marking a decade of pioneering design and architectural innovation. James George, CEO at HTL Africa, reflecting on the company’s philosophy and its significant contributions to urban expansion said, “The cities of today grapple with its boundaries. Considering the rapid population growth, we are enhancing and reimagining urban spaces through adaptive reuse and sustainability. HTL is sculpting societies from forgotten structures, like the 200-year-old church in Ghana, ensuring they endure for centuries more,” said George…
Roland Iwuchukwu The Independent Petroleum Marketers Association of Nigeria (IPMAN) is demanding the payment of ₦200bn bridging claims. The Association says it will compound the current products distribution glitch if is not paid or demand not adhered to. The Marketers unit chairman and spokesperson, Aba Depot, Mazi Oliver Okolo who made the threat, said it was with the backing of the IPMAN’s national leadership. He claimed that the debt is being owed by the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA). In a communique released after a press conference on Tuesday, Okolo said NMDPRA failed to pay the ₦200bn debt despite a…
Vincent Ezenagu The Federal Government has approved an increase of between 25 per cent and 35 per cent in salary Increase for Civil Servants on the remaining six Consolidated Salary Structures The Salary Structure are Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS), Consolidated Police Salary Structure (CONPOSS), Consolidated Para-military Salary Structure (CONPASS), Consolidated Intelligence Community Salary Structure (CONICCS) and Consolidated Armed Forces Salary Structure (CONAFSS). The Tertiary Education and Health Sectors had already received their increases which involved Consolidated University Academic Salary Structure (CONUASS) and Consolidated Tertiary Institutions Salary Structure (CONTISS)…
Tunde Bakare The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday April 29, 2024 arraigned a former Commissioner for Finance in Kwara State, Ademola Banu before Justice Evelyn Anyadike of the Federal High Court sitting in Ilorin over alleged money laundering and misappropriation of state funds to the tune of N1.22billion. The defendant was alleged to have among sundry issues conspired to divert the said sum during the administration of governor Abdulfatah Ahmed between May 2011 and May 2019 when he served as the Commissioner for Finance. Banu was to be arraigned alongside his principal, former…
Tunde Bakare The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Friday, April 26, 2024 secured the conviction and sentence of one Abraham Walson at the Federal High Court sitting in Port Harcourt, Rivers State before Justice U.N Amogoh . He was arraigned on a nine- count charge bordering on conspiracy and obtaining money under false pretence contrary to Section 1 (1)(a) of the Advance Fee Fraud and other Related Offences Act, 2006 and Punishable under Section 1 (3) of the same Act”. One of the count charges reads: “That you Abraham…
Yemisi Izuora “I am here as your colleague. I need your utmost cooperation in this transformation journey. I know I cannot do it alone without your honest support”. These are the soothing words from the newly appointed Director General, DG, of the Securities and Exchange Commission, SEC, Dr. Emomotimi Agama, as he was overwhelmed by a rousing and thunderous great jubilation from the Commission’s personnel when he assumed duty. Agama assumed office in an Acting capacity pending confirmation by the Senate of the National Assembly. Agama who resumed at the Commission’s Head office Tuesday and was received by excited…
Joseph Bakare President of the Senate, Senator Godswill Obot Akpabio, has assured Nigerian workers that the National Assembly and the Executive arm of government would work collaboratively to give them a living wage and better working conditions. The Senate President gave the assurance in a statement through his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh to congratulate the workers as they commemorate the 2024 May Day. Akpabio, in the message, extolled the sterling qualities that stood out the Nigerian worker saying “A Nigerian worker is noted for his patriotism, hardwork, resilience, and dedication to duty. “I am…
Yemisi Izuora The GE Vernova is investing $10.2 million (£8.1mn) in Xlinks First’s proposed UK-Morocco power project, a deal that will see GE Vernova join the project as a minority stakeholder to further accelerate its delivery and buildout. Once complete, the project will combine Moroccan wind and solar generation with flexible battery storage, connected to the UK grid via 4,000km of HVDC sub-sea cables. This could deliver around 3.6GW of clean power to Britain, approximately 8% of its current electricity needs. GE Vernova joins other significant investors from the energy sector, including TAQA, TotalEnergies Octopus Energy and AFC. The project is…
