Wednesday, 24 February 2016

Psychology graduate breaks record at UNILAG, scores 5.00 CGPA

Authorities of the University of Lagos on Wednesday, declared a Psychology student, Ayodele Dada, as the best graduating student the institution ever had.
Dada scored a Cumulative Grade Point Average of 5.00.
No candidate has ever obtained the grade in the annals of the 54-year-old university.
The Vice-Chancellor of the university, Prof. Rahamon Bello, made this known on Wednesday while unfolding programmes for the institution’s 48th convocation ceremonies.
Bello said, “This year, a record has been set. A graduating student in the department of Psychology, Faculty of Sciences, Mr. Ayodele Dada, is graduating with a CGPA of 5.00. This a perfect score. This means he scored As in all courses he took in the programme. I congratulate Mr. Dada and the members of staff of the Department of Psychology for this feat.”
The convocation ceremonies, according to the VC, will hold between March 1 and 3. Ten thousand, nine hundred and seven persons will receive degrees, diplomas and certificates during the ceremonies.
Apart from Dada, the VC noted that 177 other candidates obtained First Class while 71 persons obtained PhD degrees.
Bello stated that 1,617 candidates obtained Second Class Upper degree.
He added, “A total of 2,496 others will be graduating in the Second Class Lower division, 884 in the Third Class and 274 in unclassified degrees in Medical Sciences and Pharmacy and 50 had pass degree.”
Of the 11 faculties, he said that the Faculty of Engineering topped the performance register with 41 First Class graduating students.
The university two years ago produced Dr. Hallowed Oluwadara, a 24-year-old, as the youngest doctoral degree holder in Africa.  Oluwadara studied Mathematics.
Meanwhile, the VC stated that the Minister of Science and Technology, Dr. Ogbonnaya Onu, would deliver the convocation lecture entitled “Positioning Nigeria as the technology hub of Africa” on February 29, while the former President, Nigerian Academy of Engineering would chair the occasion.
Bello also said that the installation of newly appointed Chancellor of the university, the Shehu of Borno, Dr. Abubakar El-Kanemi, would hold on March 3.

MTN paid $250 Million NCC Fine

South African telecoms giant MTN said Wednesday it had paid $250 million to the Nigerian government in a dispute over a $3.9-billion fine imposed last year for failing to disconnect unregistered users.
The company also said it had agreed to withdraw its legal challenge over the huge fine in a case that was adjourned in Lagos High Court to enable the two parties to try to negotiate a settlement.
“Pursuant to the ongoing engagement with the Nigerian Authorities, MTN Nigeria has today made a… good faith payment of 50 billion naira ($250 million),” Johannesburg-based MTN said in a statement.
The money was paid “on the basis that this will be applied towards a settlement, where one is eventually, hopefully arrived at,” the statement added.
“In an effort to achieve an amicable settlement, MTN has agreed to withdraw the matter from the Federal High Court in Lagos.”
Nigeria, Africa’s most populous country, is the MTN group’s largest market, where it had more than 62.8 million subscribers by the second quarter of 2015.
MTN was slapped with the penalty in October 2015 after it missed a deadline to disconnect 5.1 million unregistered SIM cards.
The Nigerian Communications Commission (NCC), the country’s telecoms regulator, at the time cited security concerns over the inability to trace users in a country plagued by frequent kidnappings and an extremist Islamist insurgency, Boko Haram.
It imposed a $5.2-billion fine that was later reduced to $3.9 billion (3.6 billion euros) following an appeal by MTN.
The company issued a profit warning last week and said the Nigerian dispute was a factor in falling earnings.
The fine also led to the resignation of chief executive Sifiso Dabengwa and some Nigerian executives.
Nigeria’s four major phone companies have routinely been fined in the past for regulatory infractions but none has received as big a punishment as MTN.
The initial fine of $5.2 billion was more than MTN‘s total sales in Nigeria in 2014 and the equivalent of about 37 percent of the group’s total revenue, according to Bloomberg News.
Analysts fear Nigeria’s decision to fine MTN will deter investors at a time when the country is reeling from the plunging oil price.
The NCC and Nigerian government were not immediately available to comment.
MTN will announce its full-year financial results on March 3.

Osinbajo, Tinubu, Saraki, Atiku in Crucial Meeting

Vice President Yemi Osinbajo is currently meeting behind closed doors with some chieftains of the ruling All Progressives Congress.
The meeting which started at about 11am is holding inside one of the conference rooms of the Vice President’s Office inside the Presidential Villa, Abuja.
Those in attendance include a leader of the party; Asiwaju Bola Tinubu; former Vice President Atiku Abubakar; the party’s National Chairman, Chief John Odigie-Oyegun; President of the Senate, Bukola Saraki; Deputy Speaker of the House of Representatives, Yusuf Lasun; Senate Leader, Ali Ndume; Secretary to the Government of the Federation, Babachir Lawal; and a former interim chairman of the party, Chief Bisi Akande, among others.
Saraki arrived at about 12.30pm when the meeting was already underway.
The agenda of the meeting was not made public.
President Muhammadu Buhari is currently on a one-week official visit to Saudi Arabia and Qatar.
The meeting ended at about 2.40pm.
All those who attended refused to speak to journalists on the agenda of the meeting.
The Special Adviser to the Vice President on Political Matters, Babafemi Ojudu, however announced that a press statement on the meeting would be issued later.

Betrayal! Mr CommonSense And Advocate Of BuyNaijatoGrowTheNaira, Ben Murray-Bruce prints His CommonSense Booksin US

‎Vocal politician, Ben Murray-Bruce may just be the perfect example of popular saying ‘practice what you preach.’
Yesterday, Nigerians proved they were watching the politician closely when someone went on Twitter to ‘expose’ the Silverbird CEO for doing the exact opposite of what he has been advocating for weeks now: #BuyNaijatoGrowTheNaira.
At his 60th birthday party, which took place recently in Abuja, Mr. Bruce launched his A CommonSense Revolution book and shared free copies to guests in attendance. One would naturally think the ‘common sense’ speaker would have published his book in Nigeria but it appears the Senator has more faith in the American printing press.
The observant Nigerians shared book on Twitter saying : So, #BuyNaijaToGrowTheNaira advocate made his book in the USA. Haba! Immediately Nigerians reacted and they took heavy shots at Mr.bruce calling him a ‘hypocrite’ and a ‘noise maker’. One person even went as far as calling him a ‘first class fool.’

Reward Of A Divided House! GLO Stops Psquare's Contract Renewal

A house divided against itself cannot stand! So they adage says. As a reward for their shameful act, telecommunication giant, Glo has vowed not to renew the  contract of Psquare when it expired by the end of the year and as a result, they won't be retained as ambassadors for Glo following their disgraceful act few days back when the trio - Peter, Paul and elder brother/ex manager Jude engaged in social media fight against each other. Peter was also accused of being disrespectful to the company's representatives during the finale of 'Dance With Peter'.
A top manager in GLO, who spoke with, on the condition of anonymity disclosed that the decision was imposed due to the show of shame that ensued between the company’s representatives and Peter, one half of the P-Square twins during the grand finale of the Dance with Peter talent hunt show. 
He also admitted that GLO had defaulted on some of its promises made as the sole sponsor of the show but expressed dissatisfaction on how Peter overreacted by insulting our hierarchy in the process. 
It was gathered that when Mike Adenuga heard of the development, he felt embarrassed and gave the order that Psquare can no longer be his company’s ambassador.

Former Agege Bread Seller, Olajumoke Orisaguna, Grabs Another Juicy Deal

When God is ready for you, people call it miracle. You must have been familiar with the story of the new modelling sensation and former agege bread-seller, Olajumoke Orisaguna by now and all that has been happening to her since her new found fortune and fame.
Well the new story about her now is that she has been announced as the brand ambassador of Shirleys Confectionery, an ultra-modern boutique bakery and confectionery shop. The official unveiling will take place on Saturday, February 27, 2016 in Abuja.

Jumoke is indeed lucky!  Since her new fame, several companies and organization have been identifying with her.