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Author: Citynews
The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Basirat Damilola Marshall, daughter of Fuji maestro, King Wasiu Ayinde Marshall, a.k.a KWAM1, as his Senior Special Assistant on Tourism. This was according to a viral video of her father thanking the governor, and congratulatory messages sighted by PUNCH Online on her Instagram page, @damimarshall_ on Thursday. In the viral video, her father, KWAM1, while performing on stage at the coronation and birthday reception of Oba Sikirullah Apena on Thursday, thanked Sanwo-Olu for appointing his daughter into his cabinet. The fuji singer noted that it was his daughter, Damilola, who…
Elder statesman and leader of the Pan Niger Delta Forum, PANDEF, Edwin Clark said former President Muhammadu Buhari imposed Abdullahi Adamu, a former Governor of Nasarawa State, as national chairman of the ruling All Progressives Congress, APC despite his alleged corruption charges by the Economic and Financial Crimes Commission, EFCC. Clark stated this while speaking during an interview on Arise Television. The elder statesman decried the freedom enjoyed by alleged corrupt politicians in the country. He noted that nothing has so far been heard about 15 former governors and ministers who were dragged to court during the period when Nuhu…
Rite Foods Limited, under its Rite Recycle initiative, in collaboration with icreate, is proud to announce the “iCreate Club Program”, an initiative campaign designed to educate and empower children on the importance of recycling and its role in building a more sustainable world. This impactful campaign will engage students across public and private schools in Lagos, Nigeria, through a two-pronged approach: A book reading tour will span 50 public schools, using a specially-written Rite Foods storybook, titled “Don’t Waste Your Waste” to introduce the concept of recycling to young minds. Students will be challenged to transform used Rite Sausage Roll…
Queues have begun to vanish from filling stations across Nigeria’s major cities after the Nigerian National Petroleum Company Ltd intervened in the logistic issues that had breached the supply of premium motor spirit (PMS). Findings by this newspaper across filling stations in Abuja showed that queues are disappearing and normalcy has returned. Queues have disappeared from most filling stations across major locations like Kubwa, Central Area, Wuse, Maitama, and Gwarimpa. Speaking on the development, a top official said, “The fuel stations round shows that the situation is calm. All stations have products and are selling.” Recall that this newspaper had…
…calls for responsible waste disposal As the rains approach, the Lagos Waste Management Authority (LAWMA) has completed the rehabilitation of Olusosun dumpsite, to ensure smooth waste disposal operations across the state. Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, who made this known in a statement on Thursday, said the maintenance effort was aimed at improving operational efficiency in anticipation of the rainy season. He said, “Our primary objective in rehabilitating Olusosun dumpsite is to ensure that waste disposal trucks can navigate through the dumpsite seamlessly, even in adverse weather conditions, especially during heavy rainfall when logistical challenges tend to arise”.…
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer portal of the Nigerian Exchange (NGX) on Tuesday, 30 April 2024. According to the statement, Gross Earnings increased by 89.9% yoy to N192.1bn from N101.1bn in Q1 2023. The increase was led by a combination of interest income (90.7% yoy) and non-interest income (84.0% yoy). Growth in interest income was…
Many people were injured after hoodlums clashed in the Ile-Epo area of Lagos State. Punch Metro gathered that a fight started in the market situated in the area on Wednesday night and continued till Thursday morning. Some shops were set on fire while some goods were destroyed in the process. Our correspondent who visited the scene of the incident gathered that an early intervention by the police was restricted by the hoodlums. A fire service truck that drove into the market this morning was also forced to reverse after being pelted with stones.
Former US President Donald Trump took advantage of a break in his hush money trial to hold a major campaign rally Wednesday — blaming his legal troubles and America’s ills on his election rival, President Joe Biden. The former Republican president, who is again running for the White House, addressed a crowd in Wisconsin, one of the most hotly contested states in his expected rematch with Democrat Biden in November. “If we don’t win this election, I don’t think our country is going to survive. I will say it — and I’ve never said that publicly, I don’t think —…
Comedian and actor, Adebowale Adedayo, aka Mr Macaroni, has disclosed his reason for saying Afrobeat music singer, Wizkid, disrespected the Mavin Records boss, Michael Ajereh, popularly known as Don Jazzy by calling him an ‘influencer’. Macaroni stated this on Wednesday during a live show on Wazobia TV in Lagos. The comedian justified his position on Wizkid that although Don Jazzy is an influencer perhaps ‘the biggest entertainment influencer we have in Africa’, adding that the context in which Wizkid presented him was disrespectful. He added that Don Jazzy is not just an ordinary influencer, saying the Mavin Records label boss…
Transcorp Group Delivers Impressive Q1 2024 Performance; Sustains Revenue Growth Of 173% And PBT Of N45 Billion
Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported significant year-on-year growth, with revenue rising to N88.6 billion from N32.4 billion in 2023, representing a 173% increase.The impressive results are largely driven by a remarkable 209% year-on-year revenue growth within the power business, highlighting significant strategic progress as part of Transcorp Group’s implementation of its integrated power strategy. The hospitality business recorded a 68% year-on-year growth in revenue,…
