Author: Citynews

By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to the US Bureau of Statistics), any business that has crossed 15 years should be sharing insights on survival and success.But what about businesses that have lasted twice that long? Or a financial services group that has thrived for over 130 years, especially in Africa, where business survival rates are likely lower than those statistics from the Global North? Such a group has certainly…

Atalanta co-owner, Stephen Pagliuca, has publicly addressed the recent comments made by manager Gian Piero Gasperini regarding Ademola Lookman, admitting that Gasperini made a mistake by speaking out about the individual player.Speaking on the matter, Pagliuca emphasized the club’s commitment to taking responsibility and focusing on improvement whenever things go wrong. He said, “He made a mistake by speaking about an individual. At Atalanta, with the Percassi family, we have a policy: if things go wrong, we take responsibility. We look at ourselves and how to improve.”Pagliuca also praised the entire squad for their exceptional performance this season, acknowledging the…

Nigeria foremost Businessman and philanthropist Alhaji Ibraheem Dende Egungbohun (IBD) has called on government at all levels to continue to make vocational and technical education more attractive to youths in order for the Country to meet up with the global industrial challenges.Alhaji Egungbohun made the call while speaking to Journalists after he was conferred with the Ogun State Institute of Technology, OGITECH, Igbesa fellowship award.Represented by his spouse, Chief Egungbohun also challenged government to make technical and vocational education more enticing to the youths to solve the challenge of unemployment.He noted that many developed countries now prioritize vocational and technical…

Mudashiru Obasa, the former Speaker of the Lagos State House of Assembly, has officially announced his return to the position, stating that he has resumed his duties as Speaker.Obasa made the declaration on Thursday after arriving at the Assembly complex, accompanied by police officers and agents from the State Security Service (SSS). This marks his first appearance at the Assembly since his impeachment on January 13.“I’ve resumed, and I remain the Speaker of the Assembly,” Obasa declared confidently, signaling his return to the leadership of the House. Source: Witness NGR

The Institute of Chartered Accountants of Nigeria (ICAN) recently paid a courtesy visit to Stallion Plaza, Union Bank of Nigeria’s Head Office. This visit marks a significant step in fostering a stronger relationship between the two esteemed institutions.During the visit, ICAN and Union Bank representatives engaged in fruitful discussions to explore potential areas of collaboration and member’s growth within the Bank.The Union Bank team was led by the Chief Financial Officer, Mr. Oluwagbenga Adeoye FCA, and other notable UBN representatives, including Dr. Abigail Duopama-Obomanu, Chief Compliance Officer, Mr. Ali Kadiri FCA, Head Corporate Bank and Mr. Victor Ikeneku FCA, Head,…

The Oniponda of Iponda-Ijesa (Elect), Prince Dr. Adedotun Adebola Adeboyejo, has joined numerous friends and well-wishers in celebrating the Honourable Commissioner for Commerce and Industry in Osun State, Reverend Bunmi Jenyo, on the occasion of his birthday.In a statement, Prince Dr. Adeboyejo described Reverend Bunmi Jenyo as a man of dignity, integrity, and deep passion for humanity. He lauded his unwavering dedication and loyalty as an executive cabinet member in the administration of His Excellency, Senator Ademola Adeleke, acknowledging his immense contributions to governance and development in Osun State.Reflecting on his personal journey, Prince Dr. Adeboyejo expressed profound gratitude for…

The Managing Director/CEO Ogun-Osun River Basin Development Authority, Otunba Engr. Dr. Adedeji Asiru, alongside his management team paid a courtesy visit to Iponda Ijesha community in Osun State.Ably received by Oniponda designate Prince Dr. Adedotun Adebola Adeboyejo, on behalf of the good people of the sprawling town, Otunba Ashiru was given a befitting hero’s welcome by sons and daughters of Iponda.While speaking on the purpose of the visit, the OORDBA topshot affirmed that the landmark visit of his management to Iponda town is aimed at fostering and attracting sustainable development in the community.During the visit, Dr. Asiru, a long-time friend…

The Chairman of FBN Holdings, Femi Otedola, has hosted music stars Burna Boy and Wizkid at his Lagos home.Otedola disclosed this in a post on his X handle on Wednesday.Sharing a photo from the gathering, Otedola described the meeting as a privilege, expressing admiration for the impact of Afrobeats on the global stage.He wrote, “A true privilege to host some of our biggest music icons @wizkidayo @burnaboy at my Lagos home. Always inspiring to share ideas and celebrate the global movement that is Afrobeats …F.Ote”.Reacting to the post, Netizens applauded the gathering, describing it as a gathering of talent and…

Globacom has unveiled a new promotion that gives customers a 15% bonus on every E-top-up transaction. This offer, which started on February 13, is available to selected prepaid Glo customers who use digital recharge services.The telecom giant explained in a statement from Lagos that the bonus airtime promotion aims to provide extra value to customers, ensuring they enjoy uninterrupted communication with friends, family, and colleagues. This initiative is part of Globacom’s ongoing efforts to offer affordable and enhanced mobile experiences to its subscribers.Said the company: “In line with our commitment to delivering exceptional value to customers, we have introduced this…

Senator Natasha Akpoti-Uduaghan, representing Kogi-North Senatorial District, has filed a N100 billion defamation lawsuit against Senate President Godswill Akpabio and his Senior Legislative Aide, Mfon Patrick, following the publication of a Facebook post that she claims damaged her reputation.The lawsuit, which was filed in the High Court of the Federal Capital Territory in Abuja, accuses the defendants of publishing defamatory statements about her on social media. The suit alleges that these statements caused significant harm to her dignity and public image. In the legal action, the senator seeks a public apology, a permanent injunction against further defamatory statements, and N100…