Month: January 2022

Stanbic IBTC Asset Management Set To Advance Customer Assets In 2022

In a bid to develop the Nigerian capital market and enhance the economy, Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, is set to advance customer assets in 2022 with its bouquet of investment solutions. Incorporated in 1992, Stanbic IBTC Asset Management has been providing investment services to foreign and domestic portfolio…

N’Assembly Gives Revenue Agencies N3trn Target For 2022

President of the Senate, Ahmad Lawan, on Monday, said that revenue generating agencies of government are capable of generating and remitting N3 trillion naira annually to the coffers of the federal government if efforts are made to cut down on wasteful spending. Lawan made this known in an address delivered to declare open an interactive…

Self-Employment: Dangote Cement Empowers 245 Youths In Host Communities

No fewer than 245 youths from Dangote Cement Ibese Plant’s 16 host communities have been trained and empowered till date in different skills since the commencement of operations in Ibese with significant impact on the local economy. This disclosure by the Plant’s Director, Azad Nawabuddin came just as the Ogun state government commended the organization…

Sterling & Founder Institute Fellowship Award holds in February

Sterling Bank Plc, Nigeria’s leading commercial bank, has said it will organize an award in early February, known as the Sterling Heart Fellowship Award, for tech founders whose businesses employ innovative solutions to tackle challenges in the HEART sectors and have been selected to partake in the Founder Institute Lagos Virtual Spring Program. The HEART…

Lagos Assures Investors of Profitable Returns on Investments

The Commissioner for Commerce, Industry and Cooperatives, Dr. (Mrs.) Lola Akande on Wednesday assured prospective local and international investors in Lagos State of profitable returns on business investments. The Commissioner gave the assurance while welcoming the delegation from a Chinese Firm, Tongyi Group of Companies on a courtesy visit to her office at the Ministry…

Federal Fire Service Saved 587 lives, N18.9trillion Worth of Properties in 2021

The Federal Fire Service (FFS) saved properties worth N18.9 trillion, while saving 587 lives and rescuing 260 persons from raging fire in 2021. This was revealed by the Minister of Interior, Ogbeni Rauf Aregbesola, at the decoration of newly promoted Deputy Controllers General (DCGs) of the Service in Abuja on Thursday. According to the Minister,…

Stanbic IBTC Showcases Strong CSI through Together4ALimb Initiative, Others

As a socially responsible organisation, Stanbic IBTC Holdings PLC is big on positively impacting lives within its host communities in Nigeria through its Corporate Social Investment (CSI) initiatives. Stanbic IBTC’s CSI is hinged on three core pillars: education, health, and economic empowerment, and aims to meaningfully contribute to enhancing the wellbeing of Nigerian communities, especially…

Senate Moves to Enable FG Seize Assets Acquired Through Corruption

A bill seeking to give the federal government enabling powers to seize and confiscate assets acquired by corrupt public officers, money launderers and criminals involved in terrorist financing and other crimes has passed second reading in the Senate. The legislation entitled, “A bill For An Act To Make Comprehensive Provisions For Seizure, Confiscation, Forfeiture, And…

Rivers Aircraft Secretly Abandoned by Amaechi Found in Germany –Wike

Governor Nyesom Ezenwo Wike has said the Rivers State government has through intelligence discovered one of the State owned Legacy 600 aircraft that was flown to and abandoned in Germany since 2012 by the Governor Chibuike Amaechi led administration. The governor said it was unconscionable for the immediate past administration to have surreptitiously taken a…