CEO of Riribliss, Mgbako Rita Nkem, says talents abound in baking industry - ITREALMS

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The Chief Executive Officer (CEO) of Riribliss Cakes, Lagos, Mgbako Rita Nkem, told ITREALMS' GBEMI OMOTOSO recently, that baking industry is very versatile with different talented bakers abound.

Excerpts.

How did you coin your brand name 'Riribliss'?
My friends call me "Riri" while I added "bliss" meaning "perfect"

Telecom tariff increase reversal: Matters arising by Elvis Eromosele - ITREALMS

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The Nigerian telecommunications sector has remained, perhaps, the most dynamic section of the economy for over two decades. It is a major newsmaker. One day it is news for new milestones, new technologies and new vistas and the next day regulatory restrictions, multiple taxations by the government and its agents or else disruption of service by the same. It is a real roller-coaster ride.

Yet, the sector has proven resilient, even before resilience was a thing. To get to where it is today, the players have invested heavily, struggled with and overcame myriads of obstacles and continue to stretch to do new and exciting things. It strives to keep abreast of the latest development across the globe.

2023 Governorship poll: APC denies adoption of Dr. Dawari George - ITREALMS

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The Campaign Council of the Rivers APC for 2023 elections has denied adoption of Dr. Dawari George as the sole governorship candidate for the alliance for the next year elections, reports ITREALMS.

The council said it's attention has been drawn to "reports making the rounds in uninformed sections of the social media alluding to the adoption of Dr. Dawari George, the governorship candidate of Action Alliance, as our candidate for the 2023 general elections."

SHELT extends cyber security operations centre to Nigeria - ITREALMS

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SHELT has extended its own security operations centre (SOC) into Nigeria, reports ITREALMS.

This, ITREALMS gathered will serve as a local extension to its overseas and already established 24/7 SOC operation.

AfreximBank Boss, ECOWAS, Diplomats, others to speak @GAIN summit'22

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The President and Chairman of the Board of Directors of African Export Import Bank (AfreximBank) Professor Benedict O. Oramah; High Commissioner of Namibia to Nigeria, H.E Humphrey Geiseb; Ambassador of Cote D’Ivoire to Nigeria and ECOWAS, H.E Ambassador Kalilou TRAORE; Dr Tony Luka Elumelu, Ag. Director of Private Sector Development at the ECOWAS Commission, Nigeria as well as popular Nigerian businessman, Mr Obinna Tochukwu Iyiegbu (Obi Cubana), Chairman, Cubana Group, Nigeria have been named the keynote and guest speakers respectively at the 2022 edition of the Grand Africa Initiative - GAIN Youth Summit holding from 28th-29th October, 2022 at 10am WAT daily with the theme The Africa We Want: Nexus between the Youth, Peace and Entrepreneurship II.

The GAIN Youth Summit is an annual gathering of policy makers, diplomats, public and private sector leaders, development institutions, civil society groups and the youths from across the continent and the diaspora, focused on developing entrepreneurship, innovation, professional and employability capacities in young Africans in a way that helps tackle the menace of youth unemployment and conflict on the continent.

Terrorism: DSS in sting operations @Lugbe, recover explosive, pistols - ITREALMS

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A combination of American Army and Department of State Security (DSS) team stormed the Phase 3 of Trademore Estate in Lugbe, Abuja, on a sting operation, with explosive and pistols recovered, reports ITREALMS. 

Reports reaching ITREALMS news desk informed that a high-powered sting operation took place at the Phase 3 of the Trademore Estate in Lugbe, Wednesday afternoon, culminating in a complete shutdown of the estate.

Suspected terror attacks: US authorizes departure of employees in Abuja - ITREALMS

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The United States Mission to Nigeria has approved departure status for some employees due to suspected heightened risk of terrorist attacks in the Federal Capital Territory (FCT) Abuja, reports ITREALMS.

The embassy, ITREALMS gathered in a security notice entitled ‘Authorised departure status’ made available to citizens on Wednesday from Abuja, the Federal Capital Territory (FCT) of Nigeria, noted that on October 25, 2022, the U.S. Department of State granted authorized departure status to Embassy Abuja.

@TIA: NCC's Danbatta reiterates digital economy enhancement - ITREALMS

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As Nigerian Communications Commission (NCC) recently won double awards at the 2022 Tech Innovation Awards (TIA), the telecom regulator has promised to ensure it brings full benefits of the digital economy to Nigerians for the overall development of the country.

At the 6th edition of the annual awards, which took place in Lagos, the Commission was named The Innovative Telecom Regulator of the Year Award while its Executive Vice Chairman, Prof. Umar Danbatta, was honoured with the Telecom Industry Leader Award.

CBN to introduce new currency notes by Dec. 15 - ITREALMS

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The Central Bank of Nigeria (CBN) has decided to redesign, produce and circulate new currency notes, effective, December 15, 2022, reports ITREALMS.

The CBN Governor, Mr. Godwin Emefiele, disclosed Wednesday in Abuja at a special press briefing.

Cellulant, Mastercard partner for African consumers - ITREALMS

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The duo of Cellulant and Mastercard have partnered to allow millions of Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted, reports ITREALMS.

The Mastercard virtual payment solution, linked to Cellulant’s payment gateway - Tingg, can unlock a host of opportunities for consumers, whether they have a bank account or not. Consumers will be able to shop from well-known global digital commerce brands, paying quickly and securely for leisure shopping, travel, accommodation, entertainment, streaming services and more, while in their home countries or travelling abroad.

Wants to be a millionaire! Here’s 4 steps by Polaris save & win promo - ITREALMS

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Do you want to become a millionnaire? If yes, you have the option to explore the latest save and win promo by Polaris Bank, reports ITREALMS.

Polaris Bank, ITREALMS gathered, is giving away millions of Naira in cash prices and other special rewards in its ongoing Save & Win promo.

NLNG calls for more investment to ensure reliable LPG supply - ITREALMS

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Nigeria LNG Limited (NLNG) has called on stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to invest in the supply of the product to ensure a reliable and steady stream of supply to the market, reports ITREALMS.

Marking 15 years of domestic LPG supply in conjunction with the Nigerian LPG Association (NLPGA) at a conference in Lagos, NLNG’s Managing Director and Chief Executive Officer, Dr. Philip Mshelbila, said the investment in supply would intentionally spark commitment along the value chain, including vertical integrations. He stated that NLNG was doing this through its further investment in Train 7, which will add about 35% to its current capacity when completed, subject to gas supply and gas quality. He added that other domestic producers of LPG would need to make investments to enable their product to become available to the domestic market, rather than exporting it.

Outstanding individuals, organisations line up for honour @AfriTech 2.0 - ITREALMS

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Outstanding individuals and organisations in Africa shall be honoured as part of the activities lined up for this year’s Africa Tech Alliance Forum (AfriTECH 2.0) in Lagos, Nigeria.

AfriTECH 2.0 is scheduled to be held on Wednesday, November 09, 2022 in Lagos, Nigeria; starting 9:00am under the theme: ‘Sustainability and The Company of the Future’.

NCC to auction 2 slots on 3.5GHz band for 5G services - ITREALMS

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The Nigerian Communications Commission (NCC) has put up another two slots of 3.5GHz spectrum band for auction before end of 2022, to boost deployment of Fifth Generation (5G) services in Nigeria, reports ITREALMS.

According to the Director, Public Affairs at NCC, Mr. Rueben Muoka in a press statement available to ITREALMS, said Tuesday that the process, which was made public on 21st October 2022 with the publication of the Draft Information Memorandum (IM) for the auction on the Commission’s website, invited stakeholders to study the Memorandum for purposes of making submissions ahead of a review of the IM on 16th November 2022.

INEC releases timetable for governorship in Bayelsa, Imo & Kogi - ITREALMS

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The Independent National Electoral Commission (INEC) has released timetable and schedule of activities for three states' governorship elections in Bayelsa, Imo and Kogi, reports ITREALMS.

INEC at its weekly meeting held Tuesday 25th October 2022, approved the timetable and schedule of activities for the Bayelsa, Imo and Kogi States’ governorship elections.

Airtel, Microsoft, TD unveil smartbox bundles for SMEs - ITREALMS

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Leading telecommunications services provider, Airtel Nigeria, has announced a partnership with Microsoft and foremost tech and solutions distribution giant, TD Africa to unveil Smartbox, office Internet bundles exclusively designed to significantly empower and improve the productivity of Small and Medium Enterprises (SMEs) in Nigeria.

The Airtel Office Internet Smartbox bundles provide SMEs with unfettered access to uninterrupted and reliable Internet connectivity, affordable data plans, free business domain, Microsoft 365 licenses, unrivalled Internet speed and complimentary data, among many benefits.

Rivers Chief of Staff, extols Wike, describes him as 'The King of Infrastructure' - ITREALMS

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The Chief of Staff to the Rivers Governor, Engr. Chukwuemeka Woke alongside The New Rivers Vision Team has joined other well-meaning Nigerians, and in particular, Rivers people to extol the leadership acumen, feats, and sagacity of the Governor of Rivers State, Barrister Nyesom Wike as well as congratulate him on the Award for Infrastructure Delivery.

Woke, in a congratulatory statement, circulated to media houses, and stated that the award could not have come at a better time, if not now, describing it as a well-deserved one, given the laudable infrastructural projects that dot the nooks and crannies of the State.

CSEAN decorates NCC with cybersecurity award, votes for safer internet - ITREALMS

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The Nigerian Communications Commission (NCC) at the weekend in Lagos, received a cybersecurity promotion award at the maiden edition of Cybersecurity Merit Awards hosted by the Cybersecurity Experts Association of Nigerian (CSEAN) which enumerated several steps taken by it to promote a safer Internet.

The award, which was conferred on the Commission, ahead of other contending organizations, listed its sterling contributions to the protection of telecom consumers from all forms of cybercrimes.

NIN machine @Niger Republic: Folayan tasks NIMC to investigate - ITREALMS

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An information technology (IT) expert and religious leader, Rev. Canon Sunday Folayan, has called on the National Identity Management Commission (NIMC) to immediately investigate the use of its machine at Republic of Niger for the National Identification Number (NIN), reports ITREALMS.

NIN, ITREALMS gathered is for all citizens and legal residents in Nigeria, from age zero, that is, at birth and above are eligible to enroll.

FirstBank boosts customers with bouquet offerings - ITREALMS

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First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country. The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their immediate and long-term needs which are required to continually impact the socio-economic development of the country.



Commercial Mortgage (CM) is designed to meet the funding needs of established small and medium-scale enterprises in viable businesses to acquire Business/Office Premises. This product is structured to part finance the acquisition of business /office premises and warehouses as the building itself is collateral. With its competitive pricing entailing a tenor of 60 months, flexible repayment period as well as flexible collateral structure, the product is designed for SMEs across different sectors of the country including accounting, tech, legal and other specialised disciplines. To access the product, customers must have been in business for at least 5years and must have maintained an active account with either FirstBank or any reputable bank for a minimum of 6 months.



Operational Vehicle Finance (OVF) is intended to provide part finance to ease the acquisition of brand-new vehicle(s) essential for the day-to-day running of business activities. Its flexible tenure is in 2 variants, comprising 1 - 24 months and 2 – 36 months which is dependent on the brand of the vehicle. The product is also designed for SMEs as well as traders in all sectors of the economy with verifiable cash flow as they will be at an advantage in sustaining the distribution of goods from one location to another. To be eligible for the service, the customer must have been in business for at least 12 months and should have maintained a healthy and active bank account with either FirstBank for a minimum of 6 months or 12 months with other banks.



Petroleum Dealership Finance (PDF) is created to offer working capital finance to filling stations with a DPR licence for the purchase of kerosene (DPK), petrol (PMS), and diesel (AGO). This product facilitates access to financing opportunities to purchase products at competitive rates. A 12months facility tenor with a cash flow lending option up to N20M is also available. The product is packed with lots of exciting benefits including access to up to N20million without providing tangible collateral as it bridges the customers’ liquidity gap while also aiding the continuous replenishment of stock. The product also provides the opportunity to increase the volume of business as well as margins through consistent growth in turnover through credit financing.



To take advantage of the product, interested customer(s) must have a valid DPR license, and maintain an account relationship with FirstBank or any bank for at least 6 months. The dealer must have been in business for at least 24 months and the account must have been operated satisfactorily without a history of returned cheques or previous default on facility or facilities granted.



According to Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank: “as a bank woven into the fabric of society, we are delighted with the indelible mark and role we have played in boosting businesses in the country, irrespective of the economic sector. Our Commercial Mortgage (CM), Operational Vehicle Finance (OVF) and Petroleum Dealership Finance (PDF) are integral to sustainably enhancing business operations while ensuring that our customers remain at an advantage in meeting their immediate and long-term business goals.”

Nigeria: Character, integrity crucial to fight public sector corruption says Prof Okolie - ITREALMS

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A public finance expert,
Prof Paschal Okolie, has called for a reorientation in the character and integrity of public servants and Nigerians to fight corruption in the nation’s public service, reports ITREALMS.

Okolie, who doubles as the Special Adviser to the Governor of Enugu State on Financial Matters, made this declaration at the Audit Reporting Training workshop for journalists in Anambra and Enugu States on 19 October 2022.

Tourism & Technology Summit Africa returns to hybrid edition, focuses on designing Africa’s Tourism Playbook - ITREALMS

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In furtherance of the initiative to drive the digital transformation of the Tourism and Hospitality industry in Africa, Travel Technology Company, My Beautiful Africa, in partnership with Technology Mirror, a news technology company and winner of the Best Startup Online Supportive Media, 2022 are set to host the Tourism and Technology Summit Africa 2022, with the theme: Designing Africa’s Tourism Playbook: A Hybrid of Culture and Technology.

The Summit, which is billed to hold on 27th October 2022 at the Oriental Hotel Lagos from 10am -4pm is expected to host an array of speakers who would be speaking on various topics addressing how technology is driving processes in various sectors like Security, Aviation, Hospitality, Tourism, Travel and Health.

Revealed! Why Benjamin Joseph is blackmailing Zinox Chairman says Princess Kama - ITREALMS

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Princess Kama, the erstwhile business partner of Benjamin Joseph, owner of Citadel Oracle Concepts Limited, an Ibadan-based ICT retail firm, has broken her silence over a long-drawn dispute involving a N170m contract with the Federal Inland Revenue Service (FIRS) which has seen Mr. Benjamin Joseph standing trial for falsely petitioning the Federal Government, alleging that the Zinox Chairman, Leo Stan Ekeh and others colluded in defrauding it and his company in executing the said contract.

Princess disclosed to ITREALMS that Benjamin is an ingrate who attempted to get her support in diverting Mr. Ekeh’s company fund and join in a smear campaign against Mr. Ekeh, while also expressing surprise that the matter was still a subject of debate in the courts and in the media.

KSM tasks members on 3 Tees – ITREALMS

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The Lagos Metropolitan Council of the Knight of Saint Mulumba (KSM) Nigeria has tasked members on total resolve to support the Church and humanity, reports ITREALMS.

Speaking through the council’s Deputy Metropolitan Grand Knight (DMGK), Sir Nosa Ehigiator, at St Leo Catholic Church Ikeja, Lagos, during the admission of some new members, at the weekend, charged them to embrace the journey with the total resolve to support the Church and humanity with three Tees.