Connect with us

Business

Heritage Bank backs global movement for affordable solar electricity in Lagos

Published

on

 

Heritage Bank Plc has aligned forces with ‘Liter of Light Nigeria’, a global open source movement, to provide sustainable solar electricity for Itomaro community in Lagos State.

Passionate about making cheap and sustainable solar street lights accessible to the impoverished off-grid communities in Nigeria, the partnership, on Thursday, launched 35 units of solar energy-powered street lights it produced for the community. The movement comprises a group of Nigerian students of the University of Nottingham, United Kingdom, who is passionate about making a positive difference to the world through the gift of light.

In his remarks to the beneficiary community during the launch, the MD/CEO of the bank, Ifie Sekibo, who was represented by Ozena Utulu, Head, Brand Management & Sustainability, Heritage Bank Plc, commended the people living in the community for giving access to the joint team of Heritage Bank and Liter of Light Nigeria to execute the project.

He noted that it takes two to tango; stressing that without their confidence in the project the achievement recorded would not have been possible. She therefore commended the youth of the community, who volunteered to participate in the training sessions organized during the two-week period of the production of the street lights.

????????????????????????????????????

Sekibo was confident that with the knowledge acquired during the training sessions, the effective maintenance of the new street lights would not be difficult. Her words: “These youth already have the knowledge required to ensure the street lights are effectively sustained and to produce more units.”

The MD charged those youth to research more into what solar energy can be used for in the contemporary world. She stated: “Read more about solar energy; you never can tell where the knowledge you have acquired under the programme can lead to in the future. My advice for you is try to discover yourself now concerning what you would love to become in the future and begin to work towards achieving the goal.

Sekibo’s words: “Use the knowledge acquired today to create wealth. The power rests with you now. In everything you do in life, challenges can come; but remain steadfast and confront whatever storm of life. With such determination, you will achieve your goal.”

Meanwhile, Enemona Adaji, one of the Project Co-coordinators for Liter of Light, disclosed that the movement was founded with the aim of providing ecologically sustainable street lights. According to him, the easily constructed device consists of a 1-2L bottle fashioned into a solar bulb delivering as much light as a 40 – 60-watt incandescent bulb.

According to him, the team had earlier provided100 sustainable and affordable solar-powered lightings to the Makoko slum, an area which previously struggled with lighting.

Also speaking at the event, Emma Tayou, representative of the University of Nottingham; explained that the institution has culture of charging its students to think about any viable project that can help to positively impact the society.

According to her, a group of Nigerian students of the university decided that they would take on the challenge of lighting up the dark streets of impoverished communities in this country. She said the university bought into the idea and supported them with the take-off grant that set the initial pedestal for them.

She therefore commended the team for the sacrifices each member is making to ensure the mission is accomplished in every community selected.

Among the 25 volunteers, who participated in the project in Itomaro are: Emmanuel Mustapha and Abraham Samuel.

Business

Bank staff donate medical equipment to Ifako-Ijaiye General Hospital

Published

on

Stanbic IBTC surrenders Venture Capital licence

 

Staffers of Stanbic-IBTC Bank have donated some medical equipment including three Units of PhotoTherapy Lights, Portable Phlegm Suction unit, EcoSound Fetal Doppler and a BlueGate UPS to the Ifako-Ijaiye General Hospital, Lagos.

Speaking during the presentation ceremony at the hospital premises, the Chief Financial Officer of the Bank, Dr. Kunle Adedeji said that members of the Finance Department of the Bank raise funds annually, through voluntary contributions, to finance a project or make donations to a public institution.

Adedeji revealed that the donations were distinct from those that formed part of the Bank’s Corporate Social Responsibility commitments to the society, noting that the medical equipment presented were procured by staffers of the bank’s finance department to support the hospital.

The Medical Director of the Hospital, Dr. Olusola Amure expressed appreciation and gratitude to the donors, assuring that the devices will be maintained to serve the desired purpose. He solicited more of such gestures from well-meaning Nigerians and Corporate Organisations.

Also speaking, the Head of Pediatrics Department, Dr. Adejoke Akande commended the bank officials for demonstrating their care and concern for children by reaching out to the hospital during this festive season.

“You cannot estimate the value of these donations as much as we do, because being the end users we appreciate them most,” she said

 

Continue Reading

Business

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

Published

on

Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions.

The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed at safeguarding the financial investments of Nigerians and Africans living abroad and in Nigeria.

According to the Lead Partner, Desarrollar Limited, Mr Ikemefuna Mordi, the trust framework includes Nigeria’s leading Trustees, legal firms and real estate firms which will work towards ensuring and providing real estate solutions.

Ikemefuna said, “Desarrollar and its partners have created an institutionalised safe-haven to protect Nigerians and Africans in the Diaspora and those living on the African continent from fraud, deception and, sometimes, misplaced dependence on dishonest family-based relationships, through delivering full, seamless and stress-free lifestyle colutions to the Nigerian and African communities both at home and abroad.”

He explained that Desarrollar applies a premium standard of excellence to its residential development, commercial development and real estate acquisition services in Nigeria, The United States and the United Kingdom.Their websitewww.desarrollargroup.com throws more light on their Service offerings.

Continue Reading

Business

Ex-Skye Banker, Tunde Ayeni not detained by EFCC

Published

on

Depositor's Guide: Ten quick things to know about Skye Bank takeover

…Only invited for questioning over alleged fraud

Following recent reports published by a national daily, The Punch Newspapers that the anti-graft body, Economic and Financial Crimes Commission, EFCC, has detained a former Chairman of Skye Bank Plc., (now Polaris Bank,) Mr. Tunde Ayeni, for alleged fraud, it has been reliably discovered that Tunde Ayeni was only invited for questioning at the Abuja office of the commission hours ago.

Confirming the development, the acting spokesman for the EFCC, Mr. Tony Orilade, said Ayeni was only being grilled by detectives over some issues related to fraud and embezzlement allegedly committed by Ayeni when he was Chairman of the bank few years ago.

“I can confirm that he is in our custody on an invitation, for questioning and interrogation. More information will be released tomorrow,” he said.

It would be recalled that the anti-graft agency had entered into an agreement with the Asset Management Corporation of Nigeria, AMCON, to check out some banks and its officials, who facilitated the huge non-performing loans in AMCON’s portfolio.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending