Author: Platform Times Newspaper

Daud Olatunji The International Labour Organisation (ILO) has released a concerning projection, indicating that up to two million workers worldwide may face unemployment in 2024.  The ILO’s latest report, titled “World Employment and Social Outlook: Trends 2024,” highlights the potential increase in the global unemployment rate from 5.1% in 2023 to 5.2%. While the report acknowledges a decline in joblessness and the jobs gap below pre-pandemic levels, it underscores the challenges posed by growing inequalities and stagnant productivity, raising concerns about the global employment landscape. The global unemployment rate had experienced a positive trend, decreasing for three consecutive years from…

Kabirat Sodunke & Saratu Adebayo In a heartfelt plea, Mrs. Ololade Busayo is seeking financial assistance totaling N20 million for her 15-year-old son, Umar Ololade, who is diagnosed with a heart condition that requires urgent medical attention. The mother disclosed that Umar has been diagnosed with electrophysiology, a condition requiring surgery at a specialist hospital in South Africa, with a hefty cost of N20 million. The journey into this medical crisis began when Umar started complaining of chest pain, initially considered a minor issue. Unfortunately, the condition worsened over time, leading to the teenager’s hospitalization. Mrs. Ololade explained that Umar…

Wema Bank has demonstrated remarkable financial growth, posting a Profit Before Tax (PBT) surge of over 130% to N21.76 billion at the close of the third quarter of 2023.  This significant increase from N9.46 billion in the corresponding period of 2022 solidifies the bank’s position as a leading financial institution in Nigeria. Analysis of the bank’s financials for the first three quarters of 2023 reveals a substantial 130% growth in PBT, reaching N21.76 billion.  Additionally, gross earnings witnessed a notable 61% increase, reaching N150.90 billion in Q3 2023 compared to N93.86 billion in Q3 2022. Wema Bank attributes its robust…

Daud Olatunji The United Bank for Africa Plc (UBA) marked a significant milestone as it celebrated the sixth anniversary of Leo, its artificial intelligent digital assistant and Chatbot. The bank reaffirmed its commitment to advancing digital banking in Nigeria through Leo’s transformative capabilities Launched on January 11, 2018, Leo has evolved into a groundbreaking assistant that has left an indelible mark on the Nigerian and African financial industry, setting a standard for quick transactions and efficient customer responses. UBA, as the pioneer in introducing a digital solution for enhanced customer transactions in Africa, has promised to expand Leo’s services further. …

In a triumphant conclusion to the ‘Do More with Nutri Yo’ campaign, at least 30 Nigerians have emerged as winners of various prizes, showcasing the success and impact of the initiative by Nutri Yo, a product of CWAY. The prize presentation ceremony, held recently in Lagos, witnessed the joyous moment when the winners were awarded their well-deserved prizes.  Among the notable winners, Divine Ogbonna secured the grand prize of N500,000, while Chukwumelum Norah and Samuel Ojo claimed the first and second runner-up positions, earning N300,000 and N200,000, respectively. An additional thirty winners were also celebrated during the campaign, each receiving…

Kabeerah Sodunke Bandits have  attacked Kuka Babangida village in the Jibia Local Government Area of Katsina State, leaving a trail of tragedy by murdering nine residents, including the village head, Idris Haruna. The heartbreaking incident occurred in the early hours of Thursday, with bandits reportedly descending on the village shortly before midnight and continuing their rampage until approximately 1:30 am. The chilling details were confirmed by the Chairman of the Local Government Council, Bashir Sabiu, and the spokesperson for the Katsina Police Command, ASP Abubakar Aliyu. According to accounts from villagers, the bandits systematically went from house to house, searching…

Saratu Adebayo In a heartbreaking turn of events, Amarachi Ugochukwu, a female banker employed with a new  generation bank in Lagos, has ended her own life, citing work-related challenges.  The distressing incident unfolded within the confines of the bank, where Amarachi reportedly consumed an insecticide unbeknownst to her colleagues. The tragic episode came to light when a suicide note left by Amarachi revealed the depth of her struggles.  In the note, she expressed the overwhelming pressure of balancing work and personal life, attributing her drastic decision to the difficulties she faced in both spheres. Amarachi’s poignant words in the suicide…

Dr. Iziaq Kunle Salako Entering a new year is like starting the journey of life on a new page. It is an opportunity to make a fresh start and set a new trajectory in terms of habits, practices, beliefs, relationships, attitudes, and such other inherent determinants of human activities. It is in realisation of this opportunity to start again that humans make new year resolutions generally to improve self-efficacy and be a better person. Human activity is the greatest threat to human survival and the sustenance of life on planet earth. The effect of human activity on the environment is…

Odu’a Investment Company Limited, a conglomerate owned by the six South-West states of Nigeria, has disclosed significant leadership changes, including the retirement of the Group Managing Director/Chief Executive Officer, Mr. Adewale Raji, and the appointment of Mr. Abdulrahman Yinusa as the new Group Managing Director/Chief Executive Officer, effective June 1, 2024. Mr. Raji’s retirement follows ten years of dedicated service during which he steered the company towards growth and profitability. Under his leadership, the conglomerate experienced a notable increase in Profit Before Tax (PBT) from N378 million in 2013 to a high of N2.2 billion in 2021.  The company diversified…

A Kaduna-based businessman, Haruna Adamu, has urged the Magajin Gari Shari’a Court  to intervene and compel his estranged wife, Salamatu Abubakar, to either return to their matrimonial home or refund the bride price paid during their marriage. Expressing financial constraints, Adamu on Thursday,  made a heartfelt appeal, stating, “If my wife is not willing to return to me, she should refund the bride price I paid to her parents.” Adamu elaborated on the circumstances surrounding their union, highlighting that he met Abubakar as a divorcee and decided to marry her.  However, the marriage, which initially brought two months of happiness,…