FBNHoldings wows market with 2023 H1 earnings blowout - ITREALMS

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FBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amazing as the spectacular results, which saw earnings per share surge by 234% to N5.19 was the fact that the banking behemoth was able to eke out this profit in a financially hostile policy environment where bank earnings have been squeezed. The Bank’s holding company has also been a subject of shareholder squabbles, which ordinarily should be a distraction to the management and a drag on profitability. But in spite of these challenges, the outstanding results are a testimony to the depth of its management and its capacity to execute a robust strategy.

What is Unique About FirstBank? (Late Entrant to African Markets) As a late entrant into the scramble for market share in the Sub-Saharan African continent, it was able to play catch up with its peers in this respect.

NIN: Adamawa monarch lauds NIMC, pledges collaboration - ITREALMS

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The Lamido of Adamawa, His Royal Highness, Alhaji Muhammadu Barkindo Aliyu Mustafa, has commended the management of the National Identity Management Commission (NIMC) over its successes in the registration of Nigerians for the National Identity Number (NIN).

The monarch, who gave the commendation while receiving a delegation of the Commission at the Lamido’s Palace, Yola, recently, pledged his support to NIMC towards the implementation of its mandate.

NASENI: We want to industralise Nigeria - ITREALMS

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The National Agency for Science and Engineering Infrastructure (NASENI) has expressed resolve to industrialize Nigeria, reports ITREALMS.

Disclosing this, the Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Dr. Bashir Gwandu said during a courtesy visit to the Ambassador of Czech Republic to Nigeria, His Excellency Zdeněk Krejčí at the weekend, that they are determined to work closely with the government of Czech.

Lagos NUJ commences 2023 Press Week with health walk - ITREALMS

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The Nigeria Union Of Journalists (NUJ) Lagos State Council would today, Monday, August 21, commences its 2023 Press Week with a healthwalk, reports ITREALMS.

The Chairman of the State Council, Comrade Adeleye Ajayi, in a press statement made available to 

Kwara: Prison denies family members, activists access to Adegbola Abdulazeez over Isese day - ITREALMS

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Prison authorities in Kwara State have denied family members and activists access to Adegbola Abdulazeez, a popular traditional worshipper and activist known as Talolorun (Who is God), who was remanded by a magistrate court in Ilorin.

Talolorun’s family members and Isese (traditional religion) activists, ITREALMS gathered, were denied access to him on Saturday.

HEDA calls for transparent implementation strategies, monitoring - ITREALMS

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A leading civil society organization, the HEDA Resource Centre, has responded to the recent announcement by the Federal Government to provide 5 billion Naira as financial support to the 36 states, aimed at mitigating the impact of the removal of petrol subsidy, reports ITREALMS.

HEDA stressed the importance of transparent implementation frameworks and robust strategies to ensure accountability and effective utilization of these funds.

2023 Isese Day: Osun declares Monday public holiday - ITREALMS

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The Osun State Governor, Senator Ademola Adeleke has approved Monday, the 21st day of August 2023 as a public holiday in commemoration of the annual Isese Day celebration by the traditional religious worshippers.

This is contained in a statement issued by the state Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi.

Oluwo/Isese Feud: Governor Adeleke intervenes, enforces inter-faith peace - ITREALMS

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The Governor Ademola Adeleke of Osun State has warned against religious conflict and confrontations in the state, affirming that all adherents of various religions should operate peacefully.

Responding to the altercation between the Oluwo of Iwoland and the traditional religious worshippers association on the celebration of Isese festival, Governor Adeleke deployed his Special Adviser on Security, Mr Samuel Ojo to Iwo for urgent interface with both sides.

Tinubu removes Abubakar Momoh from Youth ministry, redeploy others - ITREALMS

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The President Bola Ahmed Tinubu has approved the redeployment of Engr. Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development, reports ITREALMS.

Confirming this development to 
ITREALMS the Special Adviser to the President, (Media & Publicity) Mr. Ajuri Ngelale, said the Federal Ministry of Youth is to be re-assigned to a minister-designate soon.

Gwandu seeks Czech Embassy collaboration, Delta2 project fact-finding - ITREALMS

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The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Dr. Bashir Gwandu has visited the Ambassador of Czech Republic to Nigeria, His Excellency Zdeněk Krejčí for business collaboration and fact-finding on Delta2 Project, reports ITREALMS.

Dr. Gwandu who paid a courtesy call to the Czech ambassador in Nigeria at his office in Abuja on Friday August 18, 2023 said he was on a fact-finding visit to know why the project which was supposed to benefit Nigeria’s technology companies and entrepreneurs and the country’s economic development failed.