Author: NPO Admin I
Google on Thursday called for applications for the Hustle Academy SMB Fund, a N75 million equity-free fund dedicated to the Nigerian Small and Medium Businesses (SMBs). Head, Brand and Reputation, Sub Saharan Africa, Google, Mojolaoluwa Aderemi-Makinde, said in a statement that the initiative would offer N5,000,000 to 15 Nigerian small business owners. Aderemi-Makinde said that this initiative cemented Google’s unwavering commitment to cultivating entrepreneurial growth in Nigeria. She said that SMBs formed the backbone of Nigeria’s economy but consistently grapple with challenges, notably the perennial obstacle of securing vital funding. Aderemi-Makinde said that according to the World Bank, African SMBs…
Burkina Faso’s security and intelligence services foiled a coup attempt on Tuesday, according to the country’s military government. It alleged that officers and others had planned to destabilise the country and throw it into chaos. It has been almost a year since the interim President Capt Ibrahim Traoré seized power. That was the country’s second coup of 2022, which took place amid a growing Islamist insurgency. In a statement read out on television on Wednesday evening, the authorities said some arrests had been made and they were actively pursuing other suspects, without giving specific details. The military prosecutor has since…
A lecturer at the Department of Guidance and Counselling of the University of Ibadan, Dr. Jimoh Audu, has died in his office. Jimoh, according to a source in the university had arrived in his office on Tuesday after dropping his children in their school and died shortly after arriving. A lecturer in the institution, who tried to establish the fact that the late don did not show signs of any illness, said his voice was heard as he arrived in the Faculty chatting lively with other people as he made for his office on the day. However, the lecturer was…
The Tertiary Education Trust Fund (TETFund) has said that it is addressing plights of some Nigerian lecturers studying in foreign institutions under the TETfund Scholarship for Academic Staff (TSAS) programmes. The assurance was given in statement by the Acting Director, Public Affairs of TETFund, Abdulmumin Oniyangi, in Abuja on Thursday. Oniyangi said the lecturers were requesting for bailout to cater for shortfalls in their living expenses occasioned by fluctuations in Foreign Exchange. He said the TETfund specifically noted appeals from scholars in Malaysia, India and Kenya, some of who had written to the Minister of Education and the fund, requesting…
The Federal Government has declared Monday, Oct. 2 as public holiday in commemoration of the nation’s 63rd independence celebration. This is contained in a statement by the Permanent Secretary of the Ministry of Interior, Dr Oluwatoyin Akinlade, on Thursday in Abuja. According to her, the Minister of Interior, Dr Olubunmi Tunji-Ojo who made the declaration on behalf of the Federal Government, congratulated all Nigerians at home and in the Diaspora. Tunj-Ojo assured Nigerians of Government continued commitment to tackling challenges facing the country. “It is today a known fact that difficult socio-economic and security challenges are global, and Nigeria is…
By Kamil Opeyemi The Minister of Works, Engr. Dave Umahi has on Thursday morning given order that the ministry entrance should be locked against some members of staff who came late to work. According to the information gathered by the NPOReports, the minister, who arrived his office around 7:45am, gave the order that the two gates should be under padlocks immediately it’s 8:00am. The order had caught some workers numbering about 100 unaware as many were seen to be strolling in only to meet the situation. Our correspondent who witnessed the situation observed that those caught in the web were…
The hospitality subsidiary of Transcorp Group, Transcorp Hotels Plc, has said it has achieved full compliance with the Nigerian Exchange’s (NGX) free float requirement for companies listed on its Main Board through free-float market capitalisation. According to a statement from the company, this comes following months of sustained impressive market performance that saw the company’s market capitalisation rise to more than N470 bn. Free float refers to the shares of a company that can be publicly traded and are not restricted. According to the NGX, companies listed on its Main Board, where its top stocks are listed, are required to…
The Minister of Power, Chief Adebayo Adelabu has set up three Ministerial teams to provide technical support, project delivery coordination, stakeholder management, and media relations within the ministry. “This strategic move is aimed at strengthening the ministry’s existing capabilities and enhance its efforts in delivering efficient and sustainable power solutions to the nation”, the Ministry said on Wednesday. The statement said further that under the visionary leadership of the Honourable Minister of Power, the newly formed team will play a crucial role in driving key initiatives, ensuring seamless project monitoring and execution, fostering collaboration with stakeholders, and effectively communicating the…
By Halimah Olamide The Lagos State Governor, Babajide Sanwo-Olu, yesterday, inspected the ongoing construction around the state Red Line Rail project, assuring that the government is committed to completing the project. Sanwo-Olu inspecting the ongoing Red Line Rail stations and vehicular bridge overpass at Yaba and Ebute Meta axis of the state stated that the construction is being undertaken by Lagos Metropolitan Area Transport Authority (LAMATA). After inspecting the project, Sanwo-Olu stated that the Ebute Metta vehicular bridge overpass was between seventy five to eighty per cent completed, while that of Yaba was ninety five percent completed as the government…
By Kamil Opeyemi The Minister of the Federal Capital Territory, Barrister Nyesom Wike Wednesday evening announced the removal of all heads of parastatals, agencies and government companies of the FCTA of their appointments with immediate effect. A statement by the Director of Press of the FCT Ministry, Anthony Ogunleye, listed those sacked as follows: T 1. Group MD/CEO, Abuja investment Company Ltd 2. CEO/MD, Abuja Markets Management Ltd 3. MD/CEO, Abuja Urban Mass Transport Company 4. CEO/MD, Abuja Property Development Company 5. CEO/MD Abuja Technology…