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http://ift.tt/2oqmWfb Guaranty Trust Bank Plc Nigerian professionals in the field of banking and finance, alongside homegrown institutions retained their global recognition at the just concluded yearly African Banker Awards. At the awards Gala Dinner in Ahmedabad, India, on Tuesday, which was held on the sidelines of the yearly meetings of the African Development Bank (AfDB), one of Nigeria’s development bank, two commercial banks and a citizen in the international arena got recognitions. According to the organisers, the African Banker Awards was introduced to recognise reforms, rapid modernisation and expansion of banking and finance in Africa. The Publisher of African Banker, Omar Ben Yedder, commended winners, as well as the role the banks and the professionals have played in driving growth and development in the region. The President of Africa Export-Import Bank (AfreximBank), Dr. Benedict Oramah, emerged winner of Banker of the Year, just as the regional institution u...

http://ift.tt/2p6WGo7 DG of SON, Osita Anthony Aboloma The Standards Organisation of Nigeria (SON) has destroyed fake and substandard products valued at over N450 million, in a move to prevent access to such items in the markets and discourage activities of importers of such products. The Director-General, SON, Osita Aboloma, explained that SON will not relent in its fight against fake and substandard goods in the country, stressing that the products were intercepted and impounded by the agency’s compliance and enforcement team located at various points across the country particularly in Lagos. Aboloma during the destruction which took place at the agency’s dumpsite in Epe, Lagos State, pointed out that substandard goods ‎are dangerous to lives, properties and the nation’s economic health, calling on all stakeholders including the media to join in the campaign to get rid of such products wherever they exist in the country. “We are destroying these substandard products worth...

http://ift.tt/2rSDfkC The seventh planet is chilly and definitely no place for life When astronomers in February announced the discovery of seven planets orbiting a supercool star, details about the outermost planet were sketchy. No more. The seventh planet is chilly and definitely no place for life, the international team reports May 22 in Nature Astronomy. The seven-planet system, TRAPPIST-1, is 39 light-years from Earth in the constellation Aquarius. Follow-up observations of the system reveal that TRAPPIST-1h is about three-quarters the size of Earth and orbits its star in just under 19 days. The planet sits about 9.6 million kilometers from its star, which has only 8 percent of the mass of the sun. As a result, TRAPPIST-1h gets about as much starlight as the icy dwarf planet Ceres, in the asteroid belt, gets from the sun. Such limited light makes the planet too cold (‒100° Celsius) to harbor liquid water and therefore life as we know it, the researchers report. Vía The...

http://ift.tt/2rStUcD Nestle Plc Shareholders Nestle Plc have approved the firm’s N7.9 billion total dividend, culminating to N10 per share due to every investor of the company for the 2016 financial year. Speaking at the 48th yearly general meeting of the company, National Coordinator Emeritus, Independent Shareholders Association of Nigeria (ISAN), Sunny Nwosu, lauded the company for the dividend declared amid harsh operating environment. He stressed the need for the company to maintain the quality of its products in order to sustain its leadership position in the industry. Nwosu urged the company to extend its water business production line to South East to tap into enormous opportunities in the area. Furthermore, he called on the company to issue bonus scrip, noting that, it had been a long time bonus was declared. Another shareholder, Williams Adebayo, said that the company should map out strategies aimed at reducing loans and borrowings. Adebayo added that the comp...

http://ift.tt/2qitfjq Fuwape The Governing Council of the Federal University of Technology Akure (FUTA) has appointed Prof Joseph Adeola Fuwape as the Seventh substantive vice chancellor of the institution following the retirement of embattled Prof Daramola in controversial circumstances. The Council presided over by the Pro-chancellor, Senator Joseph Waku, ratified the appointment at its special meeting held on Thursday May 18, 2017. According to a letter of appointment signed by Senator Waku, Prof Fuwape’s appointment, which takes effect from Wednesday May 24, 2017, is for a single term of five years.  Prof Fuwape of FUTA’s Department of Forestry and Wood Technology was educated at the University of Ibadan (UI) where he obtained his B.sc Forestry in 1979, M.Sc. Wood Products Engineering, 1982 and Ph.D. in Wood Products Engineering, 1984. He had his Post-Doctoral research in Wood composite system, University of North Wales. Bangor between1991-1992.  He was also a Visiti...

http://ift.tt/2ryFOev Ogbeni Rauf Aregbesola, Governor State of Osun. Osun State governor, Rauf Aregbesola, yesterday moved a motion for the probe of allegations that politicians are putting pressure on the military to stage a coup in the country. Aregbesola moved the motion while performing his first legislative function after being honoured with Honourary Life Membership of the Osun State House of Assembly in Osogbo where he said the House must pass a resolution commending the Chief of Army Staff, General Tukur Buratai, for his thorough professionalism and belief in the current democracy. The governor also called for a probe into the coup allegation with a view to bringing any erring officers to book. Stressing that the heart of any democracy is the parliament, the absence of which there is no representation by the people from which power actually flows. Aregbesola said the nation is so diverse as a people that anything short of true federalism as its system of government is an...

http://ift.tt/2rfCXHo The Chinese government cherishes its historical background and, therefore has, created a lot of sight seeing facilities. Some of them such as the ‘Great Wall’, ‘Temple of Heaven’, ‘Summer Palace’ ‘Forbidden City’,’ Kungfu Show’, in the capital, Beijing, daily attract swarms of tourists from all over China and different parts of the world, a subtle way to generate revenue with a view to contributing to the nation’s economy. There is also the ‘Shanghai Museum’ while the ‘tallest building in China’ as well as ‘Canton Fair’, a world class trade centre existing since 1957s in Guangzhou province, all play their roles as important landmarks in the nation. Beijing with 3,000 years of historical vicissitudes and more than 850 years of royal families remnants, is a unique well-known historic and cultural city and a priceless treasure of China. Beijing has been the political and cultural centre of China in the Yuan, Ming and Qing dynasties. Hailing-Wanyan Liang fou...

http://ift.tt/2rOSECK Vía The Guardian Nigeria Newspaper | Nigeria News and World News http://ift.tt/2ryNZrk

http://ift.tt/2pmoRn5 Ekiti State Governor, Ayodele Fayose Angry youths from Ekiti State yesterday engaged in a violent protest against petroleum marketers.The youths, who attacked some filling stations in Ado Ekiti also destroyed property worth several millions of naira. Acting under the aegis of Ekiti Youth Artisans Coalition, they took to the streets, demanding the “relocation of some petrol stations out of the state since they had refused to sell petrol to the people.” The protesters, who displayed various placards to register their anger, torched some petrol stations in Dalimore and Adebayo areas of the state.They vowed to continue their protest until the matter is resolved. The youths alleged that the scarcity was “a deliberate ploy by the dealers to cripple Ekiti and arrest the socio-economic development currently being witnessed in the state.” Some of the filling stations badly vandalised during the attack included NIPCO, along Adebayo Street, Ado Ekiti, which is o...

http://ift.tt/2qeIxc6 TRAFFIC POLLUTION… Children and teenagers exposed to high levels of traffic pollution were found to show signs of premature ageing, according to new study. *Children are more vulnerable to DNA damage caused by vehicle exhausts *Exposure to harmful particles ‘can stop us getting good night’s sleep’ Children and teenagers exposed to high levels of traffic pollution were found to show signs of premature ageing, according to new study.Researchers in California, United States (U.S.), also found youngsters with asthma had higher levels of a pollutant caused by motor vehicle exhaust. Those with higher levels had a specific type of Deoxy ribonucleic Acid (DNA)/genetic material damage called telomere shortening – the main cause of age-related break down of our cells. Telomeres are vital to our health – they can be described as the caps at the end of each strand of DNA that protect our chromosomes, like the plastic tips at the end of shoelaces. “Children may be espe...

http://ift.tt/2pfA8SE President Muhammadu Buhari Once again, Nigerians are at the game they know best. The debate over what happens in the event President Muhammadu Buhari resigns due to poor health has only been matched by another needless hype over the president’s letter to the National Assembly over who coordinates or presides over state affairs in his absence. Recall the unnecessary nation-wide hoopla generated by former president, Ibrahim Badamasi Babangida’s decision to step aside in 1993! The decision to step aside was the president’s way of saying he was quitting the presidency following the furore generated by the annulment of the June 12, 1993 presidential election. Somehow, the phrase ‘step aside’ was coloured and given a bizarre interpretation.   By the time professors, lawyers and other supposedly enlightened Nigerians jumped into the etymological fray, what was then initially dismissed as pastime of touts and a phrase which many thought should dominate beer par...