Connect with us

News

NYSC Recognises Unity Bank, Honours Bank with Icon of Youth Empowerment Award

Published

on

In recognition of Unity Bank Plc’s contribution to the growth of entrepreneurship among Nigerian youths, the National Youth Service Corps, NYSC has named the lender “Icon of Youth Empowerment” in an award presented to the Bank during the Skills Acquisition & Entrepreneurship Department, SAED Festival held in Abuja recently.

The NYSC management said it was on record that Unity Bank under the able leadership of the MD/CEO, Mrs. Tomi Somefun had been unwavering in its commitment and support for the Skills Acquisition and Entrepreneurship Development programme of the NYSC as evident in the Corpreneurship initiative through which businesses of hundreds of corps entrepreneurs are being funded.

“In view of the foregoing, NYSC Management honours (Unity Bank) with the award of “Icon of Youth Empowerment” at the closing ceremony of the 2021 NYSC SAED Festival at NAF conference centre, Abuja on this 17th Day of December 2021,” said the Director-General of the NYSC, Brigadier General S. Ibrahim, while presenting the award to Unity Bank.

Speaking after receiving the award, the Group Head, Retail, SME and E-Banking, Mr. Olufunwa Akinmade said: “We are encouraged by this award to continue to partner with SAED in driving the Corpreneurship initiative.

We believe that the Corpreneurship Challenge possesses the capacity to unlock the entrepreneurship ingenuity of the youths in Nigeria.

“We commend the leadership of the NYSC for the award, even as we appreciate the leadership and the team at SAED for working hard to make this partnership produce the desired outcome. We are optimistic that the partnership will be sustained for as long as possible until it has impacted a critical mass that considerably reduces graduate unemployment in our nation.”

The Corpreneurship Challenge, which earned the lender the award is a business plan competition that provides corps members with the opportunity to pitch their business ideas and stand a chance of winning business grants ranging from N200,000 to N500,0000 as business capital while receiving mentorship.

Unity Bank premiered the Corpreneurship Challenge in 2019, with a launch in Lagos and in three other states which included Edo, Ogun, and Abuja, but with the increasing popularity of the initiative among corps entrepreneurs, the Bank has now extended the programme to 10 states of the federation including Lagos, Ogun, Abuja, Edo, Katsina, Enugu, Bayelsa, Akwa Ibom, Sokoto and Kaduna.

So far, Unity Bank has invested over N80 million in the initiative, which has now produced 58 winners since it was launched.

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

EFCC Arraigns Blessing CEO over Alleged N36m Fraud

Published

on

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) has arraigned social media personality and self-acclaimed relationship adviser, Okoro Blessing Nkiruka, before the Federal High Court in Lagos over an alleged N36 million fraud.

Blessing CEO was arraigned on Friday before Justice D.I. Dipeolu on a two-count charge bordering on obtaining money by false pretence and alleged theft involving N36 million

According to the EFCC, the defendant allegedly obtained the money from one Mrs. Ifeyinwa Nonye Okoye under the pretext of securing a six-bedroom duplex in Lekki, Lagos — a claim prosecutors said she knew to be false.

During proceedings, defence counsel P.I. Nwafor informed the court that the defendant had refunded N24 million to the complainant and requested a short adjournment to allow discussions over the outstanding balance.

“We have an application to make. The defendant approached the nominal complainant and refunded N24 million out of the N36 million.

“We are asking for a short adjournment to resolve the outstanding balance. The nominal complainant agreed that if the balance is paid, they can prevail on the EFCC to drop the case,” the lawyer said.
However, prosecution counsel S.I. Suleiman opposed the request, insisting that the commission was not involved in any private settlement arrangement.

 

 

“The complainant here is the Federal Government of Nigeria, and we are here for the arraignment. We urge that the defendant take her plea, as that is the business of the day,” he argued.
Ruling on the matter, Justice Dipeolu held that settlement talks could continue independently but would not stop the arraignment process.

“The defence and the nominal complainant can have discussions even during the pendency of the charge. It does not affect the proceedings before the court. The defendant will take her plea,” the judge ruled.

 

 

One of the charges alleged that between July 14 and 17, 2024, Blessing CEO fraudulently obtained N36 million from the complainant over a purported property lease in Lekki.

Another count accused her of unlawfully converting the money to personal use, contrary to provisions of the Criminal Code Act.

She pleaded not guilty to the charges.

Following her plea, the prosecution asked the court to commence trial and remand her in a correctional facility, while the defence requested that she remain in EFCC custody pending bail arrangements.

Justice Dipeolu subsequently ordered that the defendant be remanded in EFCC custody and adjourned the matter to June 5, 2026, for commencement of trial.

Continue Reading

News

Tinubu Almost Sacked Me Because of Desmond Elliot, Says Gbajabiamila

Published

on

Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, has narrated how his principal almost sacked him because of Lagos State House of Assembly member, Desmond Elliot.

He said he almost lost his job during the Lagos Speaker Mudashiru Obasa impeachment saga.

Recall that lawmakers of the Lagos State House of Assembly had said that Obasa was impeached to save the integrity and sanctity of the House of Assembly and Lagos State.

The lawmakers, while jointly addressing journalists at the Assembly Complex, said: “It’s just a change of baton. It is only death that is constant, so change is inevitable.”

However, with President Tinubu against the impeachment, the Speaker was restored and peace returned to the Assembly.

Addressing members of the All Progressives Congress on Thursday, Gbajabiamila said, “I almost lost my job as Chief of Staff last year because of Desmond Elliot. Mr President called me to his house in Abuja during the Lagos Speaker Obasa saga.

“He said, ‘I hear this Desmond is your boy, the one we gave you,’ and I said, ‘Yes, sir. He is one of the people causing problems in the Lagos House of Assembly.’

“Immediately, I told the president that Desmond wasn’t part of them, but the president replied and said that, from the intelligence he received, Desmond was part of them.

“After that meeting, I called Desmond and told him what the president said, and asked him to leave the group if he was part of them. Three days later, the DSS DG called me and said there was a problem.

“He said your name is being mentioned, that you’re the one behind the impeachment saga and that you’re supporting Desmond.

“I spoke to the DSS DG and told him I had spoken to Desmond and he denied being part of the group. I then asked Desmond to make a public statement denying his involvement in the impeachment saga, but till today, he hasn’t done it.”

Continue Reading

Education

2026 CB-WASSEC Kicks Off As WAEC Decries Decline in Male Participation

Published

on

By Eric Elezuo

The West African Examination Council (WAEC) has announced the kickoff of the 2026 West African Second-term School Certificate Examination, saying it would be computer-based, and decrying the decline of male participation as against their female counterparts.

The Council made the disclosure on Monday, while addressing the media at its National Office in Yaba, Lagos, on steps so far taken to ensure a hitchfree 2026 Examination.

In his address, the Head of National Office, Mr. Jacob Josiah Dangut, remarked that the 2026 computer-based WASSEC, started on April 21, 2026 with practical test papers, stressing that the nitty gritty parts of the exercise will kick off on Tuesday, May 12, 2026, therefore the reason for the sensitization of the Nigerian public on the exams.

He noted that nearly two million candidates registered to sit for the examinations.

In his words, “A total of 1,959,636 candidates from 24,207 schools enrolled for the examination. 

“Of this number, 958,564 candidates (48.92%) are male, while 1,001,072  candidates (51.08%) are female. This reflects an increase in female participation and a decline in male participation compared to last year.”

Dangut called on policy formulations to take the matter serious so as to reinvent the urge for education among the malefolks.

Meanwhile, Dangut informed the public that candidates are being tested in 37 subjects across 97 papers, supervised by about 29,000 senior secondary teachers nominated by state ministries of education.

Dangut said the rise in computer-based entries followed the successful debut of the format in 2025, with more schools and offshore institutions adopting it for its efficiency and alignment with global standards.

The 2026 exercise will run through to June 19th.

Continue Reading