ReelzzNewzz24

 Navy organises paint training for personnel June 29, 2024 In a groundbreaking achievement, aligning with the Chief of Naval Staff's Strategic Directive 2023-6,   The Nigerian Naval Engineering Services Limited, under the leadership of Rear Adm. Baratuaipri Iyalla, successfully executed a comprehensive painting training program for Nigerian Navy personnel on Thursday, June 27, 2024. The training held at the  Admiralty Conference Hall, Naval Dockyard Limited, Victoria Island, Lagos. The four-session training featured expert resource persons from Regency Overseas Limited, Company , Jotun Paints, and Infinity Paints International Limited. The sessions covered marine basics, corrosion protection, anti-fouling, onboard maintenance and paint estimation. The training also intimated participants with highlights of new innovations in the paint industry. Naval Engineering Services Limited also used the opportunity to highlight the ongoing efforts to solidify and formalise a pa...

 Business mogul urges African countries to focus on innovative collaboration June 28, 2024 A business mogul and songwriter, Mr Kennedy Finta- Nnaji, as called on African countries to focus on innovative collaboration for development of the continent.  Finta-Nnaji who is also the President of Nigeria Union in Japan said his new song: Nahfconnects Theme Song, Japan x Africa - A brighter future! Say Yes to Innovation and NO to Aid, is aimed at promoting collaboration between Africa and Japan. Finta-Nnaji, in a telephone interview with the News Agency (NAN), said the message behind the song is for African countries to desist from receiving aid from western countries, noting that is a form of extortion. “African countries should endeavor to focus more on innovative collaboration with countries who truly have their best interest at heart and they must deist from receiving aid from the western world. “Western world uses aid as a old fashion tactic of extorting from African countrie...

 ANJET dissociates self from NIHOTOUR's training for travel journalists  June 28, 2024 The Association of Nigerian Journalists and Writers of Tourism (ANJET) has jettisoned a training session organised for travel journalists by the National Institute for Hospitality and Tourism (NIHOTOUR) in Lagos. This was due to NIHOTOUR's action of replacing credible and verified industry media practitioners in the country with  bloggers and part timers, masquerading as journalists, while shunning the association’s members. The Umbrella body of private sector tourism media practitioners in the country, the (ANJET) has officially reported NIHOTOUR to the Minister of Tourism, Lola Ade-John. This is contained in a statement issued and made public by the media practitioners' association, in Lagos on Friday. The statement confirmed a letter dated June 22, 2024 and signed by the ANJET President, Mr Victor Nze, in which the association berated NIHOTOUR, an agency in the Federal Ministry of To...

  A seasoned political analyst and columnist, Professor Sylvester Odion Akhaine emphasised the crucial role of good governance in preventing coup attempts.  Speaking at the monthly lecture series organised by the Department of Political Science on Wednesday,Lagos. The seminar, titled *"Taming the Leviathan: Between Authoritarianism and 'Reason of State”. His expertise in political science and governance provided a comprehensive exploration of the delicate balance between authoritarian governance and ethical considerations in the modern political landscape. Professor Akhaine's assertion highlighted that countries plagued by corruption, ineffective leadership, and disregard for democratic norms create fertile ground for instability and military intervention. Citing historical examples, he argued that coups often occur when there is widespread dissatisfaction with governance, leading factions to believe that military intervention is necessary to restore order or address perce...

  A business mogul and songwriter, Mr Kennedy Finta- Nnaji, as called on African countries to focus on innovative  collaboration for development of the continent.  Finta-Nnaji who is also the President of Nigeria Union in Japan said his new song: Nahfconnects Theme Song, Japan x Africa - A brighter future! Say Yes to Innovation and NO to Aid,  is aimed at promoting collaboration between Africa and Japan. Finta-Nnaji, in a telephone interview with the News Agency (NAN), said the message behind the song is for African countries to desist from receiving aid from western countries, noting that is a form of extortion. “African countries should endeavor to focus more on innovative collaboration with countries who truly have their best interest at heart and they must deist from receiving aid from the western world. “Western world uses aid as a old fashion tactic of extorting from African countries as they always find a way to get it back and when this happens, the ripple ef...

The Lagos Aviation Academy (LAA), on Tuesday, unveiled a two-story  building to bridge training gap in the aviation industry. The academy, a subsidiary of Finchglow Holdings, trains aviation professionals  for successful careers in the industry. It is located on Toyin Street, Ikeja. The Group Managing Director of Finchglow Holdings, Mr Bernard Bankole, said at the unveiling that development of a country or an organisation would require adequate education of the workforce. Bankole said that it had become necessary to add value to the aviation industry. According to Bankole, the LAA had, in seven years, graduated more than 2,000 aviation professionals. He expressed the hope  that, with the new building,  more professionals would be trained. He said that training schools in Nigeria were in short supply compared to the  nation’s population. “We have finally come to a befitting place for the academy. “This is to set the record and the path right that the government n...

  The Academic Staff Union of Universities, Lagos State University of Education  (ASUU-LASUED)  Chapter, has called on Lagos State Government and the university’s management to address its demands without delay.  The union had planned a peaceful rally for Tuesday but it did not hold. It eventually had a congress instead. The News Agency of Nigeria(NAN) reports that security operatives, which comprised military personnel and policemen were seen on Tuesday at the main gate of LASUED, Otto/Ijanikin over the planned peaceful rally. The Chairman of ASUU-LASUED,  Mr Akolade Lapite, told journalists after the congress that the union took a far-reaching decision about numerous internal demands. Lapite said  that the  ASUU was committed to ensuring  justice and fairness in the university.  “We gathered here in unity and determination to address critical issues that affect the welfare and rights of our members at LASUED. “Among the internal demands agi...

 Artist urges FG to support sector with more grants June 23, 2024 Nigerian visual artist, Promise Ebegbulem, on Saturday urged the Federal Government to create more avenues for artists to access grants, to enable them thrive in their chosen profession. Ebegbulem made the call while speaking with the a reporter from ReelzzNewzz24 in Lagos. According to her, this is important because the few available platforms for grants are not easily accessible for many artists. She said to encourage more individuals to embrace the profession, government must be deliberate in encouraging the existing artists. According to her, this encouragement can be in way of providing opportunities for artists to access grants and establishing more public art galleries for constant exhibition. “Investing in arts education from an early age, providing grants for art projects and establishing more public galleries and art spaces can significantly boost the industry. “Creating platforms for artists to showcase th...

 Coronation Merchant Bank records 62% growth in gross earnings in 2023 Lagos, June 22, 2022.  Coronation Merchant Bank Ltd. on Friday said that its gross earnings grew to N61.6 billion for the year ended Dec. 31, 2023. The figure represents 62 per cent growth when compared to N37.9 billion recorded in 2022. Mr Babatunde Folawiyo, Chairman, Coronation Merchant Bank, said this at the ninth Annual General Meeting (AGM) of the financial institution held in Lagos. Folawiyo stated that the bank reported a robust financial performance and recovery for the year under review and showcased significant growth in its key metrics despite a challenging economic environment. He highlighted that the bank’s profit before tax also increased by 58.1 per cent to N3.47 billion in year 2023, marking a significant recovery from a loss of N8.28 billion in 2022. According to him, the bank’s shareholders’ funds rose by 16.5 per cent to N37.33 billion in the year under review, compared to N31.99 billion...

 Nigerian market is important to us, says TAAG Angola boss  June 21, 2024 George Mawadri, Director of Sales, TAAG Angola Airline says the Nigerian Travel Market is resilient, exciting and prosperous, noting that the airline will respond to the growth with dedicated service and availability.   Speaking at an expanded travel trade forum in Lagos on Wednesday morning, Mawadri disclosed that the management of the Airlines has identified Nigeria robust travel industry as a critical investment opportunit. He said the airline will respond positively with the deployment of new airbus series to 777 wide bodied dreamliners on the Lagos Luanda route and to many of its established routes to Madrid, Lisbon, Sao Paulo and London.  He noted that the layout time in Luanda, its operating hub, is systematically being addressed with the introduction of additional daily flights out of Lagos on Tuesdays and Saturdays apart from its night flights on Mondays, Thursdays and Satur...

  Convenes 9th Annual General Meeting Lagos, Nigeria. June 21, 2024 - Coronation Merchant Bank recently held its Annual General Meeting at Victoria Island, Lagos, reflecting on a year of remarkable financial recovery and strategic advancements.  The Bank reported robust financial performance for the fiscal year ending December 31, 2023, showcasing significant growth in key metrics despite a challenging economic environment. Financial Highlights • Gross Earnings: ₦61.6 billion, a 62% increase over 2022 • Profit Before Tax: ₦3.47 billion, marking a significant recovery from a loss in 2022 • Shareholders’ Funds: 16.5% increase to N37.33 billion (Dec 2022: N31.99 billion) • Return on Equity: 9% from -26% in 2022 • Earnings per share 51.56kobo (2022: -173kobo) Key Ratios • Capital Adequacy Ratio: Improved to 12.6% from 10.2% in 2022 • Loan to Funding Ratio: Remained steady at 79% • Non-Performing Loan (NPL) Ratio: Maintained at 0% • Liquidity ratio: 64.4% (2022: 55.6%) Commenting o...

  A  Professor of Human Genetics and Bioinformatics, Idowu Taiwo,  has called on governments to establish genetic centres for pre-marital and marital counselling in many parts of Nigeria. “In one of our population genetic studies, the frequency of carriers of sickle cell genotype is 25 per cent among the Yorubas in Lagos State. “The result revealed the importance of a rigorous awareness campaigns and proper genetic counselling regarding sickle cell disorder in Nigeria,” Taiwo, a lecturer at the University of Lagos, said. The professor, who teaches at the university’s Department of Cell Biology and Genetics, Faculty of Science, made the call  at the 18th Inaugural Lecture of the university on Wednesday. The  inaugural lecture  had the theme: “Principalities and Powers or the Gene: Which is to Blame”. He said that intending couples would need to be aware of their odds of giving birth to a baby affected by a genetic condition. “An informed couple is a better p...

 FTAN urges prospective tourists to explore West Africa’s coastline  June 15, 2024  The Federation of Tourism Associations of Nigeria (FTAN), Lagos chapter, has urged prospective tourists to explore West Africa’s coastline. Its President, Babatope Fajemilokun, made the call when he led members of the association on a boat cruise expedition tour of the coastal area of Lagos through Badagry to Porto-Novo on Saturday. The team of 30 members explored the coastal areas to project and market the beautiful coastlines for global exploration. The News Agency of Nigeria (NAN) reports that the tourism expedition began at the National Inland Waterways Authority jetty in CMS, Lagos. Fajemilokun said the expedition was deliberately planned to expose the beauty of Lagos and Porto-Novo coastlines to practitioners for better marketing of acquatic tourism in the two countries. “With the heavenly view of the waterways, the lush greenery vegetation around the lagoon, the fresh and slightly ...

 2024 LIMCAF: Access Bank board chairman tasks youths on creativity June 15, 2024 Mr Paul Usoro, Chairman, Board of Directors, Access Bank Plc, has advised Nigerian youths to focus on creativity and skills acquisition rather than seeking shortcuts to wealth creation. Usoro gave the advice during the opening ceremony of the 2024 Life In My City Art Festival (LIMCAF), held in Lagos on Saturday. The News Agency of Nigeria (NAN) reports that the programme featured exhibition of about 106 artworks by up-and-coming artists from across the nation. The programme has the theme “Humanism”, which the artists depicted in their works. Usoro, who was the special guest of honour, said knowledge and skills acquired could be easily converted to wealth through hardwork. He urged the youth not to lose hope in spite of the economic hardship but remain hardworking and creative. He advised them to be committed to utilising their brains positively. “I will like to advise Nigerian youths not to lose hope...

 NATOP markets Kwara’s tourist attractions for global exploration  June 15, 2024 Mrs Ime Udo, National President of NATOP, who disclosed this during a virtual media briefing in Lagos on Friday, said the AGM had been slated to hold from July 17 to July 20 in Ilorin, Kwara. Udo said the essence of marketing the sites was to attract local and international tourists to the state and most especially, the ancient city of Ilorin. According to her, the association is in partnership with the Kwara Government to host the AGM. “It has always been our tradition to host our AGM in different states of the federation to deliberately put searchlight on the tourism potential in each state. “Our 8th AGM would hold from July 17 to July 20 in Ilorin, Kwara state. So, we have planned to market most of the sites in Kwara state as local and global choice destinations. “We will be visiting Sobi Hills, Owu falls, the University of Ilorin Zoological Garden and iconic places where local fabrics of Aso-o...

  Visiting Professor and Scholar, University of Johannesburg, South Africa and Barry University Miami, USA, Prof. Onoriode Potokri beckoned on all education leaders and managers to be lifelong learners by unlearning, learning, and relearning, and should commit more resources to teacher development policies that promote education digitalisation and their effective implementation. The professor of Education Policy Studies and Alumni of Lagos State University, Prof. Potokri made this known while delivering his keynote address titled *"Leading and Managing Education Digitalisation in the 21st Century"* at the opening ceremony of the Nigerian Association for Educational Administration and Planning (NAEAP), LASU Branch, Lagos Chapter, in collaboration with Presbyterian University of East Africa (PUEA), Nairobi, Kenya. The 4-day conference with the theme *“ICT, Educational Management and Planning in the Digital Age in Africa”* was held on Tuesday, 4th to Friday 7th June 2024 at the ...

 Film distribution: Actor Chidi Mokeme lauds creation of BRS Studios Nollywood Actor, Ramsey Nouah; Founder of Blue Pictures Cinema, Joy Odiete and renowned filmmaker, Chris Odeh June 12, 2024 Nollywood actor, Chidi Mokeme, has commended the establishment of BRS Studios, a platform to enhance film content, deepen distribution and improve creativity in audiovisual works from Africa. BRS Studios was established by Joy Odiete, Founder of Blue Pictures Cinema; Nollywood actor, Ramsey Nouah and renowned filmmaker, Chris Odeh, recently in Lagos. Mokeme, in a statement on Wednesday in Lagos said the initiative was insightful. He described it as the right tool to further entrench the African cinema which is blessed with abundant talents. “The platform will definitely take the industry further, because it will allow creatives the opportunity to explore their imaginations unrestrained by resources and logistics.” He said that the partnering companies had clearly stated that the joint venture...

 Democracy: Adewale Ayuba releases new musical album, “Isé Olúwa” June, 12, 2024 Legendary Fuji musician, Adewale Ayuba, popularly known as “Mr Johnson”, is set to release a new musical album titled “Isé Olúwa”, in commemoration of this year’s Democracy Day celebration. Ayuba disclosed this while speaking with the News Agency of Nigeria (NAN) on Wednesday in Lagos. According to him, the four-track album to be released on June 14 is aimed at pacifying Nigerians on current economic challenges. “One of the tracks, “Humility”, emphasises the fact that Nigeria is not a destroyed nation, while the slogan “Nigeria ko wo”, repeatedly emphasised in the song means ‘Nigeria is not collapsed’.” He said the song was for listeners to know that the nation will survive the current economic hardship and in no time revert to good old days. “The tracks in Isé Olúwa album are: ‘Humility’, ‘Jo’folorun’, ‘Jafo Authority’ and ‘Bonsue On The Go USA’. I came up with this album to deliberately speak to Nige...

 COAS inaugurates project to enhance children's learning capacity  Lagos, June 11, 2024  The Chief of Army Staff (COAS) Lt.-Gen. Taoreed Lagbaja on Tuesday inaugurated a Special Intervention Civil-Military Cooperation Project at Ajeromi-Ifelodun Local Government Area (LGA), Lagos State. The project was executed by the Deputy Director, Department of Transformation and Innovation NA Headquarters, Maj.-Gen. Collins Adetoba.  The COAS was represented by the General Officer Commanding (GOC) 81 Division, Nigerian Army, Maj.-Gen. Mohammed Usman. Lagbaja, represented by the General Officer Commanding GOC, 81 Division, Nigerian Army, Maj.- Gen. Mohammed Usman said that the project was targeted at enhacing the learning capacity of children. The project involved unveiling the renovated and remodelled two storey blocks of classrooms, toilet facilities and a constructed borehole with water reticulation at the Local Authority Nursery and Primary School in the locality. Lagbaja not...

 Nigerian Legion acquires 283 acres of land for housing project Lagos, June 9, 2024 The Nigerian Legion, Lagos chapter on Sunday said that it had sealed a deal in Epe to acquire 283 hectres of land which would be used to provide accomodation for military veterans. The chairman, of the legion, DCG Akeem Wolimoh said this in an interview with the News Agency of Nigeria (NAN) in Lagos State. Wolimoh said that there many ex service men who were living in one room shanties and slums in very unfavourable conditions as a result of lack of accomodation. "We want to support the needs of military veterans especially in the area of accomodation because living in unfavorable conditions have negatively impacted their health. "As recommended in the Nigerian Legion Act, the legion is saddled with the responsibility to provide hostels and accommodate those veterans that are perceived to be in need of accomodation. "It is also recommended that the legion shall provide necessary support t...