Author: Citynews

In a bid to increase financial literacy amongst the younger generation, Stanbic IBTC Holdings PLC, recently held virtual sessions to educate preteens and teenagers on how to develop a savings and investment culture. Through its New School Money Initiative, the organisation aims to improve and deepen the financial knowledge of Nigerian children. This year’s event which was held virtually, is the fourth in its series and was themed “The Art of Money: Earn, Save and Invest”. Representatives from Stanbic IBTC shed more light on subjects to distinguish between wants and needs, assets and liabilities as well as the importance of…

Nigeria’s leading end-to-end Financial Services Institution, Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has extended the deadline for its 2020 University Scholarship Programme application to 31 December 2020. Dr Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, said: “The extension of the application closing date was necessary because most universities are yet to conduct the mandatory Post Unified Tertiary Matriculation Examination (PUTME), while some others are yet to release their admission lists.“With this extension, all the students who participated in the 2020 UTME will now have a fair chance to apply and those who have earlier applied…

Since October 25, 1995, when the international community officially celebrated the inaugural World Pasta Day, pasta has consistently maintained its ranking as one of the world’s most versatile food staples. Based on data supplied by Nielsen. Co, a global marketing research firm, pasta is regarded as one of the most consumed food products in the world and the industry continues to record outstanding sales growth year on year. According to the International Pasta Organisation (IPO), the positive consumer sentiment towards the consumption of pasta is strengthened by the increasing market demand for healthy meals, of which the food variety is…

As a developing and competitive sector, the Trustee industry in Nigeria has clearly reflected room for growth as more clients become aware of the need to have Corporate Trustees appointed for their transactions. Individuals are also increasingly taking up the options of setting up Trusts and writing Wills to protect their wishes and secure their Estates.Firstly, the Trusteeship business plays a relevant role in Nigeria’s investment climate to a very large extent. The Trustee provides a level of comfort and security to transaction parties dealing at arm’s length. It performs its fiduciary duties to act in their best interest whilst…

condemned the attack, describing it as inhuman and a mess on the country’s democracy.

In a virtual meeting with the former leaders, President Buhari reiterated that the Government will not fold its arms and allow miscreants and criminals continue to perpetrate acts of hooliganism in the country.At the meeting were all living past leaders, including: Gen. Yakubu Gowon, President Olusegun Obasanjo, Gen. Ibrahim Badamasi Babangida, Chief Ernest Shonekan, Gen. Abulsalami Abubakar, and former President Goodluck Jonathan.The President recounted the initial concessions made by his administration on the demands of youths protesting against the excesses of some members of the SARS. He recalled that the youths had demanded that the squad be disbanded, and further…

Over the past decade, Sub-Saharan Africa’s 4.1% average growth has outpaced the global average of 3.7%. The continent’s development has been fueled by the growth of sectors such as agriculture, infrastructure, oil & gas, mining and telecommunications. In 2020, the COVID-19 pandemic has severely impacted world economies and will disrupt Africa’s trajectory. How will the continent fare after the pandemic? Where do the business opportunities lie? The future of Africa and the sectors that will drive its growth are some of the themes that will be discussed by panelists, entrepreneurs and public sector representatives during Focus on Africa 2020, a…

Ogun State Chapter of People’s Democratic Party has condemned military clampdown on protesters, Ogun PDP through a press  release signed by the party State Publicity Secretary, Bankole Akinloye (J.P), the release stated thus: “It is so worrisome that a peaceful protest which started across major cities in the country a few days ago has been surreptitiously infiltrated by state sponsored thugs in order to blackmail the genuine people’s movement for an end to bad governance”. “As a political organization with a tradition of tolerance for expression of popular wish by the mass of the people, the PDP has always demonstrated…

Some youths stormed the Abeokuta Office of SEMAR Media Thursday morning in Alagbado where they renewed call on President Muhammadu Buhari to quickly address the nation on the demands of the #EndSARS protesters.In a peaceful and orderly manner, the youths decried the continued silence of the President and vowed to continue with the ongoing protests until good governance is entrenched in Nigeria.The youths noted that the cost of living in Nigeria has reached an all time high and advised on quick intervention by the government.

A seamless solution available to 250 million active Truecaller users to set a reason for their callsUsers can now also schedule important SMS to never miss an opportunity & translate messages in the app. Stockholm, 21 October 2020: Building upon its core proposition of making communication safer and more efficient for their users, Truecaller has rolled out three highly anticipated features: Call Reason, Schedule SMS and SMS Translate for users globally.Truecaller has been the pioneer in the mobile identity space, and has pushed the innovation of Caller ID to great heights. Consumers trust Truecaller to tell them who is calling…