FG to begin compulsory drug testing in universities, introduce drug education in secondary schools
The Federal Government is set to introduce compulsory drug testing for university students and revise the secondary school curriculum to include drug education, as part of a broader initiative to…
NIMC announces successful migration of Nigerian Telcos to new platform NINAuth
The National Identity Management Commission, NIMC, has announced the successful migration of telecommunications companies in the country to its new National Identification Number, NIN, verification platform, NINAuth. The commission’s spokesperson, Kayode Adegoke, disclosed this in a statement on Wednesday. According to NIMC, with the successful migration of telecom operators to NINAuth, subscribers can now access
NIMC announces successful migration of Nigerian Telcos to new platform NINAuth
The National Identity Management Commission, NIMC, has announced the successful migration of telecommunications companies in the country to its new National Identification Number, NIN, verification platform, NINAuth.
The commission’s spokesperson, Kayode Adegoke, disclosed this in a statement on Wednesday.
According to NIMC, with the successful migration of telecom operators to NINAuth, subscribers can now access uninterrupted verification services.
It added that any issues experienced by NIN holders concerning new Subscriber Identity/Identification Module registration, SIM swap, SIM migration, “Welcome Back” SIM and related services should be directed to the telecom operators for immediate resolution.
“By migrating to this new platform, Telecommunications firms can now provide uninterrupted verification services to their subscribers.
“This achievement is a result of NIMC’s painstaking efforts to put the power to control NIN data in the hands of the holders.
“The NINAuth platform enhances data protection, gives control of personal data to the owners, offers seamless verification, and provides convenient sign-on access to services,” NIMC stated.
NIMC announces successful migration of Nigerian Telcos to new platform NINAuth
We suffered subjugation for 120 years – Monarch of Adamawa’s newly created Hoba chiefdom
The paramount ruler of the Hoba people in Adamawa State, the Tol Hoba, Alheri Bulus, has recounted how the creation of his new chiefdom marked a liberation of his people from 120 years of domination by those who, he said, should not exercise traditional authority over them. Speaking as leader of a delegation of Hoba
We suffered subjugation for 120 years – Monarch of Adamawa’s newly created Hoba chiefdom
The paramount ruler of the Hoba people in Adamawa State, the Tol Hoba, Alheri Bulus, has recounted how the creation of his new chiefdom marked a liberation of his people from 120 years of domination by those who, he said, should not exercise traditional authority over them.
Speaking as leader of a delegation of Hoba people on an appreciation visit to Governor Ahmadu Fintiri in Yola on Wednesday, the Tol Hoba, whose chiefdom covers the Hoba people who mostly inhabit Hong Local Government Area in Central Adamawa Zone, stressed that it had been more than a century of struggling for self-determination.
“We suffered subjugation in the hands of colonial rulers and calculated post-colonial domination,” the paramount ruler said.
The Hoba Chiefdom was created last December alongside four other chiefdoms and two emirates across Adamawa State by the Fintiri administration.
Before attaining autonomy as the Hoba Chiefdom, the people of Hong, the Hoba nation, existed as a loose entity under the Adamawa Emirate, which has its headquarters in far-off Yola, the state capital.
Emphasising the sense of marginalisation his people experienced before the creation of the chiefdom, the Tol Hoba said:
“We fought hard for restoration, we were battle-weary but we held on; we were resolved to come to this day when we can celebrate.”
He thanked Governor Fintiri for making the dream of the Hoba people a reality.
Responding, Governor Fintiri said he needed no elaborate thanks, as he merely did what he was convinced was right.
The governor said his administration remained committed to ensuring development and creating an environment where all people could take pride in their shared identity.
We suffered subjugation for 120 years – Monarch of Adamawa’s newly created Hoba chiefdom
UAC strikes deal to acquire Chivita, Hollandia from Coca-Cola
The transaction is subject to regulatory approval. The post UAC strikes deal to acquire Chivita, Hollandia from Coca-Cola appeared first on Premium Times Nigeria.
Ogun nurses join 7-day warning strike
Nurses in Ogun State on Wednesday joined the nationwide seven-day warning strike called by the National Association of Nigeria Nurses and Midwives, NANNM. DAILY POST reports that NANNM declared the strike, which involves a total withdrawal of services across federal and public health institutions nationwide, and is scheduled to last seven days. The union said
Ogun nurses join 7-day warning strike
Nurses in Ogun State on Wednesday joined the nationwide seven-day warning strike called by the National Association of Nigeria Nurses and Midwives, NANNM.
DAILY POST reports that NANNM declared the strike, which involves a total withdrawal of services across federal and public health institutions nationwide, and is scheduled to last seven days.
The union said the action followed the expiration of a 15-day ultimatum issued on July 14 to the Federal Government and the Federal Ministry of Health.
“Nurses nationwide have been asked to comply fully and stand in solidarity,” NANNM-FHI said in a statement on Monday.
The union added that the strike would continue until August 5 and may escalate if their demands were not addressed.
The Ogun State Council of NANNM, in a statement signed by its chairman, Adejoke Bello, and Secretary, Salami Dare, on Tuesday, urged all nurses in the state to comply with the directive, warning that any found defaulting would not be spared.
The statement read: “Following the resolution of the emergency National Executive Council meeting of NANNM and subsequent directive received from NANNM National Headquarter.
“I write to notify you that all nurses and midwives across all health care institutions (federal, state and local government) are directed to embark on a seven-day warning strike from 12:00 midnight, Wednesday 30th July, 2025 to 5th August, 2025.
“This action is not optional and must be strictly complied by every member. In compliance with the directive, a monitoring and enforcement team has been set up to ensure full compliance. Please note that defaulters would be seen as saboteurs and would not be spared.”
DAILY POST observed that at the Federal Medical Centre, Abeokuta, there was full compliance, with only doctors attending to patients.
When contacted, the Secretary of FMC NANNM, Comrade Oluwaseun Salami, said: “Yes there is a 100 percent compliance here, we are not returning until our demands are met.”
The nurses are demanding several improvements to their working conditions and welfare, including increased allowances, better salaries, improved career progression, and the creation of a dedicated Nursing Department within the Federal Ministry of Health.
Ogun nurses join 7-day warning strike
Sterling HoldCo Delivers 157% Profit Growth in Half-year 2025
Sterling HoldCo Delivers 157% Profit Growth in Half-year 2025
* Discloses plans to launch a public offer
Sterling Financial Holdings Company Plc (‘Sterling HoldCo’ or ‘the Group’) has reported a 157% year-on-year surge in profit-after-tax (PAT) in its unaudited results for the half-year ended June 30, 2025, demonstrating continued momentum in revenue growth, operational efficiency and capital position.
The Group’s PAT reached N41.78 billion, up from N16.26 billion in the same period last year.
Earnings per share rose significantly to 89 kobo from 56 kobo, reflecting a consistent increment in value to shareholders.
Gross earnings climbed by 39.7% to N212.61 billion, compared to N152.20 billion for H1 2024, while interest income rose by 38.3% to N167.16 billion, and non-interest income increased by 45% to N45.45 billion, attesting to the Group’s strategic focus on revenue diversification.
Additionally, the Group’s cost-to-income ratio improved to 64.5% from 75.7%, underscoring the benefits of ongoing cost optimisation measures.
Total assets stood at N4.08 trillion at the end of June, representing a 15.3% increase from N3.54 trillion in December 2024.
Shareholders’ funds were up 22.9% for the period, reflecting the impact of recent recapitalisation and healthy retained earnings.
Asset quality also improved, with the non-performing loan ratio declining to 5.1% from 5.4% at the close of the 2024 financial year.
The Group’s strong showing in the first half of the year followed a successful private placement and rights issue, through which approximately N100 billion was raised.
The proceeds enabled the full recapitalisation of Alternative Bank and further strengthened the capital base of Sterling Bank, the Group’s flagship subsidiary.
The Group is set to enter the public phase of its capital raising programme in the coming
weeks, aiming to close the N53 billion recapitalisation gap of Sterling Bank and further strengthen the institution’s capacity for sustained growth across its diversified income streams.
This public offer is the first phase of the US$400 million capital raising programme approved by Sterling Holdco’s shareholders at its annual general meeting which held on the 30th of June 2025.
Commenting on the Group’s feat and long-term vision, the Group Chief Executive Officer, Sterling Financial Holdings Company, Yemi Odubiyi, said: “Our outstanding half-year results are the product of clear strategic focus and a relentless drive to create lasting value for our stakeholders. Our performance reflects not just robust growth in core income lines, but also our success in building a resilient and agile business model, capable of delivering superior returns even in a dynamic macroeconomic environment.
“As we continue to diversify our income streams and invest in operational efficiency, we remain steadfast in our commitment to responsible growth, prudent risk management, and sustainable impact. Looking ahead to the next phase of our capital programme, we see tremendous opportunity to deepen our footprint in Nigeria’s growth sectors and to catalyse meaningful progress for our customers, communities and the broader economy.”
Sterling HoldCo’s ongoing investments in renewable energy, healthcare and community development highlight its role as a catalyst for positive change across Nigeria’s critical sectors.
As the Group forges ahead with its plans for the second half of the year, it remains resolute in its pursuit of sustainable growth, continuous innovation, and the creation of enduring value for all stakeholders.
The post Sterling HoldCo Delivers 157% Profit Growth in Half-year 2025 appeared first on THISDAYLIVE.
* Discloses plans to launch a public offer Sterling Financial Holdings Company Plc (‘Sterling HoldCo’ or ‘the Group’) has reported a 157% year-on-year surge in profit-after-tax (PAT) in its unaudited
The post Sterling HoldCo Delivers 157% Profit Growth in Half-year 2025 appeared first on THISDAYLIVE.
Court freezes ‘Bank Accounts’ linked to Dave Kubak Construction, others over N310m Ikoyi Property Fraud Probe
The Federal High Court in Abuja on Wednesday ordered 13 banks and one fintech platform to freeze (post-no-debit) over 30 bank accounts (allowing only inflows) allegedly linked to Dave Kubak…
Delta: Nurses, midwives strike paralyses activities at FMC Asaba
The strike by nurses at the Federal Medical Centre, FMC, Asaba, has taken a new turn as they directed their members to fully join the industrial action. The midwives’ union has also withdrawn its services entirely, declining to provide even skeletal services. The striking workers have vowed to sustain the action until their demands are
Delta: Nurses, midwives strike paralyses activities at FMC Asaba
The strike by nurses at the Federal Medical Centre, FMC, Asaba, has taken a new turn as they directed their members to fully join the industrial action.
The midwives’ union has also withdrawn its services entirely, declining to provide even skeletal services.
The striking workers have vowed to sustain the action until their demands are met.
Aggrieved patients at the hospital protested against the incessant industrial actions by medical workers, particularly nurses and midwives.
They called on President Bola Ahmed Tinubu to take decisive action in tackling the persistent industrial disputes within the health sector.
The protesters gathered under billboards and trees within the hospital premises, describing the strike as an “unbearable strike action embarked upon by the nurses in the hospitals.”
They alleged that many lives had been lost since the hospital was established in Asaba due to repeated strikes.
One of the patients, Mr Paul Okonkwo, said there was barely a fortnight when different trade unions at the FMC Asaba did not embark on one industrial action or another.
Dr Victor Osiatuma, the Chief Medical Director of the centre, assured that patients would not suffer and that plans were underway to mitigate the strike’s impact.
He appealed to the nurses and midwives to reconsider their position.
Delta: Nurses, midwives strike paralyses activities at FMC Asaba
NNPCL drills four oil wells in Bauchi to boost northern oil exploration
The Nigerian National Petroleum Company Limited (NNPCL) has drilled four oil wells in the Kolmani area of Bauchi State, as part of its renewed efforts to expand oil and gas…
True, delayed baby umbilical cord clamping has benefits
Claim: Baby’s umbilical cord blood has health benefits and should not be cut off immediately. Verdict: True! Scientific evidence, major health organisations and experts support the benefits of delayed umbilical…