In a strategic move to counter the economic repercussions of the Russia-Ukraine crisis, the African Export-Import Bank (Afreximbank) and United Bank for Africa (UBA) Plc. have inked a landmark $150 million trade finance facility agreement. The deal, executed on the sidelines of the Intra-African Trade Fair (IATF) 2023, aims to fortify UBA’s clients and bolster financing for businesses across diverse sectors in Nigeria. Denys Denya, Executive Vice-President, Finance, Administration Banking Services at Afreximbank, and Oliver Alawuba, Managing Director of UBA PLC, formalized the agreement. The funding, an integral part of the Ukraine Crisis Adjustment Trade Financing Programme for Africa, targets…
Author: Platform Times Newspaper
Once again, the burning national housing issue, especially the growing housing deficit in the country and the initiative one man has taken to identify and recognise individuals, corporate organisations and government that are working to bridge the gap formed the thrust of celebration on Sunday. It was a colourful mix of the regulators, players, captains, ambassadors and other relevant stakeholders in the nation’s real estate industry as they all converged at Billing Way Oregun, Ikeja for the 8th edition of the prestigious Real Estate Awards 2023, an initiative of City People Magazine, the leading and only surviving celebrity magazine in…
Daud Olatunji In a recent turn of events, the Nigerian Presidency has taken a firm stance against the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) for their decision to embark on a nationwide strike scheduled to commence from midnight on November 13, 2023. This move by the labor unions has been described by the Presidency as an “ego-tripping move” and an act of unwarranted blackmail against the government. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, issued a strongly-worded statement on Monday night, asserting that the decision to call for a national strike…
Daud Olatunji The Kano State Video Censorship Board has taken a strict stance against Abdul Saheer, a renowned Kannywood actor popularly known as Malam Ali Kwana Casain, by imposing a two-year ban due to allegations of disseminating explicit content on social media. Chairman Abba El-Mustapha announced the decision during a press conference held in Kano, citing the actor’s purported sharing of pornographic materials on various social media platforms. The board extended an invitation to Saheer for a chance to defend himself against these allegations, but the actor declined, prompting the Board to take definitive action. El-Mustapha expressed disappointment in Saheer’s…
Daud Olatunji In a shocking act of frustration and disappointment, a Graduate of Ajayi Crowther University, Olutimain Ilenre, took to social media to burn his academic certificates, including his Bachelor of Arts and National Youth Service Corps certificates among others, as a symbolic protest against the prolonged unemployment he has faced for over 13 years. The five minutes 41 seconds video, which quickly went viral, shows the frustrqted graduate setting fire to his educational achievements, including his NYSC certificate, primary school certificate, university diploma and and JAMB certificates. In the video, obtained by PLATFORM TIMES on Monday,during the act, he…
In a bid to bring together media professionals and broadcasters from various radio stations in Abeokuta, the planning committee of “Abeokuta Media Timeout” has extended an earnest request for media coverage and publicity for their inaugural event. This collaborative initiative aims to establish a sustainable platform for recreation and entertainment, while fostering unity and camaraderie among industry experts. Lekan Aderibigbe, Chairman of the Planning Committee in a statement said the event,scheduled to take place on Friday, November 24th, 2023, at the Abule Egba Bar and Lounge in Abiolaway, Abeokuta, seeks to celebrate the tireless dedication of practitioners who educate, inform,…
Daud Olatunji Senator Dino Melaye, the People’s Democratic Party (PDP) candidate in the recent Kogi State governorship election, has come forward with a trove of evidence pointing to alleged electoral misconduct, including mutilation, overvoting, and voter suppression across 17 Local Government Areas (LGAs). These shocking claims have sparked controversy and further challenges to the credibility of the election process in Kogi. In a recent interview on Channels Television’s “Politics Today,” Senator Melaye highlighted the evidence he has compiled, emphasizing that the manipulation primarily favoured the All Progressives Congress (APC), which was his main opponent in the election. Melaye stated, “I…
Daud Olatunji In a thought-provoking discussion during the 13th edition of the monthly interview discourse, “Boiling Point Arena,” held in Abeokuta, Nigeria, renowned Islamic scholar, Prof Afis Oladosu, has raised a critical point, suggesting that the challenges plaguing Nigeria should not be solely attributed to politicians. Rather, he argues that religious leaders from both Christian and Islamic backgrounds share the responsibility for the nation’s predicaments. During this insightful forum, Prof Oladosu emphasized the distinction between prayer and supplication, contending that Nigerians may be fervently praying but falling short when it comes to sincere supplication. He drew attention to the apparent…
Daud Olatunji In a bid to safeguard the public against a surge in fraudulent schemes, the Nigeria Customs Service (NCS) has issued a critical scam alert, warning individuals to remain vigilant against imposters posing as NCS officials on various social media platforms. The service raised the alarm in a statement issued in Monday by National Public Relations Officer , Chief Superintendent of Customs,Abdulahi Maiwadah, for Comptroller General of Customs. The statement read that the deceitful entities have been exploiting the trust of unsuspecting victims, falsely claiming to be associated with the NCS for the purpose of conducting auctions or recruitment.…
DAUD OLATUNJI, Editor, examines the contentious 250-bed specialist hospital constructed during Ibikunle Amosun’s administration. Astonishingly, this hospital has remained unused by Dapo Abiodun’s government for more than four years, despite reports of over N5 billion spent solely on its equipment. A recent inspection of the Oke-Mosan site, where the facility stands, reveals the disheartening state of this multi-billion naira project, which is deteriorating while many people in the state and beyond continue to experience a dire need for healthcare facilities. In the heart of Abeokuta, the capital city of Ogun State, a multi-billion naira specialist hospital stands as a symbol…
