COVID-19: FG BEGINS TRANSFER OF N20,000 TO POOR HOUSEHOLD

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PASUMA BIOGRAPHY

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  Alh. Wasiu Alabi Odetola, popularly known as "Oganla one", is a Nigerian film actor, Fuji musician., Songwriter, and philanthropist. He was born on November 27, 1967 (age 54 years) in Mushin, Lagos.  Wasilat Ajibola is alh pasuma's first child. #pasuma #paso
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NETFLIX- Over $23Million Invested In Producing Nigerian Movies

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  Since 2016, Over $ 23 million is invested in producing Nigerian movies, said Video streaming company Netflix. The new report, Netflit‘Socio-economic Impact focuses specifically on its major markets in Africa, which include Nigeria, South Africa, and Kenya. Between 2016 and 2022 $ 175 million in content is invested in these countries for local creatives.  According to Netflix, Nigerian movies invested on were the top-producing movie which is  Anikulapo and Blood Sisters and Other. According to Netflix, there are some impacts it has made. “Our investment of over USD 23 million has had significant impacts on the Nigerian economy.  “Through direct, indirect, and expenditure impacts across the economy, our investments have contributed USD 39 million towards GDP, USD 34 million towards household income, and USD 2.6 million towards tax revenue.  “A total of 5,140 jobs throughout the economy were supported, In addition to our upfront investment in productions and the ...
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Union Bank Grows Gross Earnings By 19 Per Cent

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For the 2022 financial period, Union Bank of Nigeria Plc has disclosed that its gross earnings rose up 19 per cent to N208.2 billion from N175.0 billion in the corresponding period of 2021. The bank made this known in its Group audited financial statements for the year ended December 31, 2022, adding that the growth was driven by strong growth in net interest income. The Group’s net interest income increased by 33 per cent to N59.1billion in 2022 from N44.3 billion in 2021, driven by growth in earning assets, while net operating income after impairments went up by 10 per cent to N110 billion from N99.7 billion in 2021, and profit before tax rose by 47 per cent to N30.2billion in 2022 from N20.5 billion in 2021 respectively. Commenting on the results, the Managing Director/Chief Executive Officer, Mudassir Amray, said, “Despite the macroeconomic headwinds of 2022, we recorded strong performance across key financial and operational indicators. “We were focused on our strategy of deepenin...
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