Tuesday, June 2, 2026
26.8 C
Lagos

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

Stanbic IBTC Reconstructs Vocational Centre at Borstal Training Institute for Juveniles

In line with its resolve to positively impact Nigerian communities, thereby engendering a better society for all, Stanbic IBTC Holdings has reconstructed the vocational centre at the Borstal Training Institute (BTI) located in Abeokuta, Ogun State. The BTI is a juvenile arm of the Nigerian Correctional Service set up to correct, train, reform, rehabilitate, and reintegrate young offenders.

The project, which was executed by the Stanbic IBTC Finance Team, entailed the complete overhaul of the hitherto dilapidated vocational centre at the BTI. This aligns with the education pillar of Stanbic IBTC’s Corporate Social Investment initiative.

Before Stanbic IBTC’s involvement, the BTI vocational centre comprised a dilapidated shed with very few tools, which was not effectively serving the primary purpose of education and skill acquisition for which it was established.

Stanbic IBTC’s involvement included the demolition of the existing dilapidated shed, constructing a new building, demarcated into four sections, and establishing an Information and Communications Technology unit equipped with six desktop computers. A tailoring section was also set up, equipped with four sewing machines, a stitching machine, several tailoring tools, and fabric for practice. Also established was a barbing section with the complement of three clippers, a sterilising machine, and other barbing tools.

A well-equipped carpentry section equipped with a drilling machine, spraying machine and circular machine, amongst other machinery, was also built, and the construction of two restrooms for the facility with an overhead water tank to serve as a water supply channel.

The BTI institution currently houses about 330 students. While about 182 of them are in school and will benefit from using the ICT room for computer skill acquisition, the remaining 148 are engaged in vocational training. In sum, the new facility will go a long way in empowering the young boys at the institution through quality vocational and digital training.

The BTI vocational centre reconstruction project was executed under the Stanbic IBTC Staff Volunteerism Initiative, with the staff making voluntary contributions while the institution matches the donations with counterpart funding.

Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Holdings, stated that the project aligned with the Federal Government’s resolve to ensure that Correctional Centres meet the purpose of rehabilitating inmates such that they become better members of society upon their release.

He said: “I believe that this project will directly impact the lives of these young Nigerians. It enhances their easy integration into society as they are already equipped with either digital or vocational skills, based on their preference. Upon release, they will not be idle but will hopefully put the skills they have acquired to good use.”

Hot this week

BGT Awards Contracts for Three Newbuild LNG Vessels

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria...

NGX Group Chair, Umaru Kwairanga, Receives International Business Achiever Award 2026

  The acceptance speech by Alhaji (Dr.) Umaru Kwairanga, Group...

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Topics

MTN Nigeria Appoints Srinivas Rao as Chief Digital Officer

MTN Nigeria has announced the appointment of its first...

WIMBIZ Co-Founder Charges Olashore School Graduates on Excellence

The Co-Founder of Women in Business, Management, and Public...

Sterling Bank Again Wins Overall Best Workplace in Nigeria Award

  Sterling Bank Limited has again emerged as the 2022...

CBN Grants Licence to 82 BDCs under Revised Guidelines

The Central Bank of Nigeria (CBN) in exercise of...

SEPLAT Energy Files N5bn Lawsuit Against Ex Chair, Orjiako for Breach of Contract

  Seplat Energy has dragged its former chairman, ABC Orjiako...

HALL OF FAME: DS Innovation Hub Honours Ibru, Shittu, Ndukwe, Ovia

Empowered by Senator Ifeanyi Okowa, Governor of Delta State,...

NAIPCO 2022 Confab: The Importance of SMEs in Micro Insurance, Pension

As the November 3, 2022 date for the Annual National Conference...

Stanbic IBTC Pension Unveils N32m FUZE Talent Hunt Festival

R-L: Executive Director, Investment, Stanbic IBTC Pension Managers Limited,...
Exit mobile version