ADDYSOFT BLOG

The Nigerian Federal Government intends to stop the mass migration going on in the country. The Minister of State for Science, Technology, and Innovation, Henry Ikoh made the announcement.    Nigeria in the past few years has developed a migration problem. Nigeria's Federal Government announced on Thursday it is trying to find ways that to prevent the near-parasitic level of migrations. The spokesperson for the Nigerian government also disclosed that the government has plans to procure employment opportunities for its people, seeing as that’s the number one reason people are leaving the country. The Minister of State for Science, Technology, and Innovation, Henry Ikoh, made the announcement in Abuja while receiving the Secretary-General of the Digital Cooperation Organisation, Ms. Deemah Yahya, who paid him a courtesy visit in connection with the upcoming Digital Nigeria Day Conference. He noted that the government is doing all it can to make sure to remedy the self-inflicted damag

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2022, recording a remarkable double-digit growth of 20% in gross earnings from NGN518.7 billion reported in Q3 2021 to NGN620.6 billion in Q3 2022. This performance demonstrates the Group’s resilience against a challenging macroeconomic environment.  According to the unaudited account presented to the Nigerian Exchange (NGX), the growth in the topline was driven by interest and non-interest income growth. Interest income grew by 27% from NGN308.8 billion to NGN390.8 billion, driven majorly by growth in risk assets and an improvement in pricing. This also strengthened Earnings Per Share (EPS) by 9% to NGN5.55. This double-digit growth in the topline also aided the bottom line, as the Group also recorded a 13% year-on-year (YoY) increase in profit before tax, growing from NGN179.8 billion in Q3 2021 to NGN202.5 billion in Q3 2022. Profit after tax equally grew by 9% from NGN160.6 billion to NGN17

..Reports Profit Before Tax of ₦169.7billion Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing an increase of 11.7% over ₦151.9billion recorded in the corresponding period ended September 2021.  The Group’s loan book (net) increased by 2.2% from ₦1.80trillion recorded as at December 2021 to ₦1.84trillion in September 2022, while deposit liabilities increased by 6.4% from ₦4.13trillion in December 2021 to ₦4.39trillion in September 2022.  The Group’s balance sheet remained well structured and resilient with total assets and shareholders’ funds closing at ₦5.81trillion and ₦872.8billion, respectively.  Strong Capital Ratios and Asset Quality were sustained as CAR, NPL ratio, and Cost of Risk (COR) closed at 20.7%, 5.6%, and 0.2%

Access Bank Winfest Campaign Access Bank Plc, yesterday said it is rewarding its loyal customers with cash rewards and other items up to N1 billion for funding, transacting, maintaining, and increasing their deposits from October 2022 to November 2023 through the Access Winfest campaign. The essence of this campaign, it stated, is to promote a savings culture and efficient banking among Nigerians using alternative channels. The Deputy Managing Director, Retail, North, Access Bank, Victor Etuokwu in a statement said, “Over the past two decades, Access Bank has continued to grow in every dimension, particularly its customer base, due to customers like you whose patronage, advocacy, and loyalty have remained unparalleled. At Access Bank, we care most about how happy our customers are, and we hope to find more chances like this one to make their lives and the lives of many other Nigerians better.” To get on board the winning train, simply increase the balance on your account , carry out t

The President asks the minister to produce the plan within 90 days. President Muhammadu Buhari has asked the Minister of Water Resources, Suleiman Adamu to develop a ‘Comprehensive Plan of Action for Preventing Flood Disaster’ in the country. The President’s Senior Special Assistant on Media and Publicity, Adamu Garba made this known on Monday, October 24, 2022, via his official Twitter handle. This is coming weeks after flooding has destroyed homes and farmlands in many states and communities across the country. The flooding which affected many communities in Kogi, Anambra, Bayelsa, Delta, and many other states in the North has reportedly claimed over 600 lives. Flood renders hundreds of people homeless in Kogi State. (Punch) According to the National Emergency Management Agency (NEMA), about 2,504, 095 persons were affected by the flooding caused by heavy rainfall in the last two months. However, in a bid to address the situation, the president asked the Minister of Water resources

The National President of the Academic Staff Union of Universities (ASUU) , Prof Emmanuel Osodeke , said members of the body...do not have 'money for transport'. ASUU President -  Prof Emmanuel Osodeke He revealed this on Channels Television’s Sunday Politics on Sunday while discussing the suspension of the ASUU strike. Prof Osodeke stated that, unlike in the past, when lecturers resided in staff quarters adjacent to campuses, most lecturers now live far away from school campuses because most institutions cannot accommodate them. He stated that because they have not been paid for eight months, they will be unable to pay for transportation to their various schools to teach children. “In colleges back then, every lecturer lived on campus, and you could go to your office, but nowadays, many lecturers live 20, 30 kilometres away from their workplaces.” How will they fund their commute to work? “These are the concerns that will have to be dealt with by the branches.” We anticipate t

#FeatureByCNP: Encourages children to acquire skills for technological relevance in the 21st century. Cadbury Nigeria Plc , a subsidiary of Mondelez International and producers of the iconic cocoa beverage, Bournvita unveiled outstanding participants of the yearly Tech Boot Camp since inception at a media parley held at the company’s head office in Lagos, On October 5th 2022. Bournvita has trained over 1,200 children since inception of the boot camp in 2019 in line with our social mission of improving literacy by preparing kids to lead with digital skills. The initiative is consistent with the brand's efforts in collaborating with parents to help their children pursue their dreams. L-R: Mr Frederick Mordi, Head of Corporate Communications and Government Affairs, Cadbury Nigeria Plc; Mr Tolulope Olaoye, Category Manager, Cocoa Beverages, Cadbury Nigeria Plc; Mrs Oyeyimika Adeboye, Managing Director, Cadbury Nigeria Plc; Mr Motsamai Pule, Marketing Manager, Cadbury Nigeria Plc at the

President Buhari while addressing the Ministerial Performance Review Retreat of his administration, organised to evaluate the level of progress made in the implementation of the Nine Priority Agenda of his Administration At Abuja on Monday disclosed that his administration has implemented high-impact projects across the country, which met the yearnings and aspirations of Nigerians, NAN reports. According to a statement by Special Adviser to the President on Media and Publicity, Femi Adesina, President Buhari noted notable success made in the areas of agriculture, economics, infrastructure, security, health, and anti-corruption among others while speaking during a retreat held to assess the degree of progress made in the implementation of his administration’s nine priority agenda. Over 3,800 kilometers of new roads have been built throughout the nation, he informed retreat attendees and visitors, including the retreat’s keynote speaker and immediate past Kenyan president, Uhuru Kenyatta

At least three policemen, including a superintendent, have been killed in fighting between English-speaking separatists and security forces in western Cameroon, local sources said Tuesday. The violence, which continued on Tuesday, marks a bloody escalation in a campaign to gain independence for two English-speaking regions from the rest of the French-speaking country. A local official in Buea, the capital of Southwest Region, said, “two police were killed yesterday [Monday] on the southern part of the city by terrorists.” A policeman was also kidnapped “and we have no news of him,” the source said. A hospital source gave a higher toll, saying five police and a civilian had died on Monday, and another civilian had been wounded. On Sunday, a police superintendent in Kumba, a town on the main road out of Buea towards Mamfe, was “slain in cold blood by armed men suspected to be anglophone secessionists,” the official said. “He was having a drink at home when they killed him,

All of the flagship smartphone talk of late has centered on Samsung's upcoming Galaxy S9 and Galaxy S9+. But a new leak suggests LG could steal the show. The folks over at TigerMobiles have obtained a rendering of what they say is the upcoming LG G7. Although details are scant on what exactly the smartphone might offer, the image appears to show a device with a screen-to-body ratio that could top what you'd find in this year's Galaxy S9.The image, which was published on Friday, shows an exceedingly thin bezel at the top where the earpiece and front-facing camera is located. Around the sides and the bottom of the handset, the bezel is practically eliminated, creating the appearance of a device covered entirely by a screen. In fact, the smartphone's design is reminiscent of the iPhone X, which, save for the "notch" where the earpiece and front-facing camera live, is all screen. That stands in stark contrast to the Galaxy S9, which is expected to co

The underlying causes of a behavior, such as alcohol drinking, can change during adolescence and young adulthood. Prior alcohol research has shown that, in general: shared/common environment influences are strongest in early adolescence, declining in strength until young adulthood; unique environmental influences are moderate, but stable, during adolescence and young adulthood; and genetic influences are weakest during early adolescence, steadily increasing in strength until young adulthood. This study examined the relations between genetic and environmental etiologies of alcohol use and the influence of peer use, parental autonomy granting, and maternal closeness on this behavior. Researchers analyzed the first three waves of data collected during the National Longitudinal Study of Adolescent Health for 2,447 twin and sibling pairs (30% male pairs, 32% female pairs, 38% opposite sex pairs) ranging in age from 13 to 27 years. Wave 1was collected from 1994 to 1995, Wave 2 f

Women who became first-time mothers as teens were significantly more likely than older mothers to have greater risks for heart and blood vessel disease later in life, according to new research in  Journal of the American Heart Association , the Open Access Journal of the American Heart Association/American Stroke Association. Researchers found that women reporting a first birth before the age of 20 scored significantly higher on Framingham Risk Score -- a measure commonly used to estimate the 10-year cardiovascular risk. In comparison, women whose first births occurred at older ages had lower average risk scores: The lowest cardiovascular risk, however, was among women who had never given birth. "Adolescent mothers may need to be more careful about lifestyle factors that increase the risk of cardiovascular disease, including maintaining a healthy body weight and sufficient physical activity," said study lead author Catherine Pirkle, Ph.D., assistant professor in t

Fruits and vegetables are a pivotal part of a healthful diet, but their benefits are not limited to physical health. New research finds that increasing fruit and vegetable consumption may improve psychological well-being in as little as 2 weeks. Increasing fruit and vegetable intake may benefit psychological well-being. Study leader Dr. Tamlin Conner, of the Department of Psychology at the University of Otago in New Zealand, and colleagues found that young adults who were given extra fruits and vegetables each day for 14 days ate more of the produce and experienced a boost in motivation and vitality. The researchers recently reported their findings in the journal PLOS One. According to the United States Department of Agriculture, adults should aim to consume around two cups of fruits and around two to three cups of vegetables daily. One cup of fruits is the equivalent to half a grapefruit or a large orange, and one cup of vegetables is proportionate to one la

Everybody loves to be the stickler who calls attention to how incapable the flu immunization is, or how poor our reputation is on anticipating the correct match. The shot needs to secure against three or four particular infections, each with their own remarkable hereditary profile, and frequently the yearly expectation is off. Prompt the naysayers. And they’re not wrong. Why is it so difficult to know what sort of vaccine to make? What's more, how might we improve? The flu is a sneaky little devil Influenza viruses are tricky. Unlike more stable diseases, the flu is constantly morphing into ever-so-slightly different forms to evade our annual vaccine campaigns. This is at the core of our need for an annual shot—there’s always a new genetic variant. It’s somewhat akin to antibiotic resistance. Viruses tend to have more genetic mutations because their replication method is prone to errors. To more complex organisms, constant mutations would be problematic (it only takes a few key

Angelina Jolie Quotes (42) Angelina Jolie is an American actress, filmmaker, and humanitarian. She has received an Academy Award, two Screen Actors Guild Awards, and three Golden Globe Awards, and has been cited as Hollywood’s highest-paid actress. She is also known for her humanitarian and activist work in Africa and the Middle East. She continues to be a role model and inspires millions to be confident & powerful people who change the world. Here are 42 of her most inspiring quotes: 1. “I’ve realized that being happy is a choice. You never want to rub anybody the wrong way or not be fun to be around, but you have to be happy.” – Angelina Jolie 2. “If I make a fool of myself, who cares? I’m not frightened by anyone perception of me.” – Angelina Jolie 3. “People have two sides, a good side and a bad side, a past, a future. We must embrace both in someone we love.” – Angelina Jolie 4. “We have a responsibility to be aware of others.” – Angelina Jolie 5. “If you as