OGSG TO SUPPLEMENT LGAs’ MAY 2022 ALLOCATION WITH OVER N 392M Ogun State Government will supplement Local Government Allocation from the Federal Government with a sum of N 392,498,944.60, to meet up with the first line charges for the month of May, 2022. Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo, while presenting the summary of the allocation said N 3,179,278,635.45 was to be shared among the 20 Council Areas in the State. Okubadejo, represented by the Permanent Secretary and Accountant…
Wema Bank Among Best Five Banks in Q1 2022 The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in real GDP. This is also evidenced by the performance of the twelve commercial banks listed on the Nigerian Exchange (NGX). Wema Bank proved its mettle in the key metrics of total assets growth, customer deposit growth, profit after tax growth, loan book growth, return on average equity and cost to income ratio. According to a special report on the financial performa…
Enugu Agog as Bayelsa and Rivers win Milo Basketball Championship Teams from Bayelsa and Rivers States set Enugu – the coal city – agog on Friday May 27, 2022, when they emerged champions in the girls and boys categoriesrespectively at the Equatorial Conference of the 22nd Milo Secondary Schools Basketball Championship. St. Jude’s Girls Secondary School, Amarata, Bayelsa State defeated Our Lady of Lourdes Secondary School, Azu-Ebonyi, Ebonyi State 43 to 6 in a one-sided match, while in a nail-biting encounter, the boys from King Amachree Aca…
EXCITEMENT IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, but that it demonstrated the fact that the recovery is real. For the shareholders of the Nigerian banking behemoth, First Ba…
2022 UTME: JAMB to screen 27,105 results The Joint Admissions and Matriculations Board (JAMB) will screen some 2022 Unified Tertiary Matriculation Examination (UTME) results. The board’s weekly bulletin noted that 1,761,338 candidates registered for the exercise. The 2022 UTME was conducted across the country from Friday, May 6 to Friday, May 13. A total of 1,707,626 sat for the examination with 1,671,203 results released so far. The update said 69 results are withheld and 27,105 undergoing further screening; 1,783 candidates with biometric ch…
PDP Presidential Primary: Tambuwal’s withdrawal for Atiku dubious, election rigged – PANDEF The Pan-Niger Delta Forum, PANDEF, has kicked against the way Governor Aminu Tambuwal of Sokoto State withdrew for Alhaji Atiku Abubakar during the presidential primary of the Peoples Democratic Party, PDP, describing it as dubious. The apex Niger Delta group said the outcome of the primary held at the Moshood Abiola Stadium, Abuja, on Saturday, was predetermined. This was contained in a statement by PANDEF National Publicity Secretary, Ken Robinson on …
Kidnapped Methodist Prelate, Samuel Kanu released The Prelate of the Methodist Church Nigeria, His Eminence, Samuel Kanu Uche, has been released. Report reaching us from a reliable source says that the Prelate, who was kidnapped on Sunday, has been freed by his abductors. The source, however, did not state if any ransom was paid before the cleric was freed. Kanu was Kidnapped along Enugu-Port Harcourt Expressway, in Umunneochi Local Government Area of Abia State. Details later…
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