INTERNATIONAL DAY OF THE GIRL CHILD

The international day of the girls which was held in Kaduna Polythecnic on the 11th of October in the school’s chemical theatre hosted by the department’swomen leader Comrade Rukayya Usman.

The occasion was sponsored by a non-governmental organization Jumm’ah Health Foundation.In attendance were some significant dignitaries in the department and outside the department.

According to Mal Sanusi Rufai a lecturer at the department,he said”Girls are precious and they should be given oppurtunities to per take in societal activities”.Mallan Sunusi buhari Rufa’i,A Representative of UNICEF Kaduna polytechnic in his speech speech on International girl child day…He celebrated girl child and also adresses on the effect of early marriage on girl child and the importance of education to a girl child.

The H.O.D mass communication,Dr Gamobo Ibrahim Ahmad he said”He was overwhelmed to be invited to the occasion.He has traveled accross seven countries and he urged the girls to dress decently and take care of themselves.

Dr Comfort Madu,a senior lecturer in the school added that”as a lady it is necessary you have a skill to increase the enrollment of the female gender in the field of science, maths, engineering, politics etc”.

LARGEST BANK IN NIGERIA BY TOTAL ASSETS AS OF 2022.

By Tawakkaltu Abubakar

Access Bank has maintained the top spot as the largest banks in Nigeria based on the value of their total assets as of the first half of 2022 .

The thirteen commercial bank listed on the Nigerian Exchange (NGX) with major operations in the country saw their aggregate asset value increase by 8.1% in the first six months of the year to stand at N63.59 trillion as of June 2022 from N58.83 trillion recorded as of the beginning of the year.

The top five banks were the major tier-1 financial institutions typically referred to as the FUGAZ, which is an acronym used to represent First Bank, UBA, GTCO, Access, and Zenith Bank. The top five banks accounted for 80.5% of the total asset of the industry. It is worth noting that Ecobank Transnational Incorporated was not included in the compilation because most of its operations are outside Nigeria.

A further breakdown of the data shows that the increase in the total assets of the banks was largely attributed to rises in customer loans. Although Union Bank recorded a decline in its total assets in the period under review, Stanbic IBTC recorded the highest increase with a 14.8% increase to stand at N3.15 trillion from N2.74 trillion as of the beginning of the year.

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Access Holdings Plc tops the list with a total asset value of N13.19 trillion as of June 2022, representing an increase of 12.5% compared to N11.73 trillion recorded as of the beginning of the year.

The financial institution, which is a newly restructured holding company accounted for 20.8% of the total assets of the thirteen banks under consideration. The uptick in the total asset value of the bank can be attributed to improvements in some of the asset components, especially loans and advances.
Specifically, loans and advances to customers rose to N4.62 trillion as of the period under consideration from N4.16 trillion recorded as of the beginning of the year. This means that Access Bank gave out an additional N458.2 billion in loans to its customers in the first six months of the year.
Also, investment securities rose by N493.6 billion to stand at N2.76 trillion. The value of its property and equipment increased to N261.8 billion from N247.7 billion, having spent N36.7 billion on the acquisition of property and equipment in the same period.
Meanwhile, Access Bank has entered into a binding agreement with Centum Investment Company Plc to acquire its entire 83.4% equity stake held by Centum in Sidian Bank Limited.
Also, the holding company received regulatory approval in August 2022 to acquire a majority equity stake in First Guarantee Pension Limited, in a bid to evolve into a financial service holding company.
Zenith Bank reported a total asset value of N10.12 trillion as of June 2022, an increase of 7.1% from N9.45 trillion recorded as of December 31st, 2022. Zenith Bank accounted for 15.9% of the total assets of the banks listed on the Exchange.
The increase in its total assets was as a result of improvement in its cash and balance with the Central Bank, treasury bills, loans to customers as well as investment securities.
The bank, which is also the most capitalized bank in the Nigerian equities market, saw its loan books increase to N3.49 trillion as of June 2022 from N3.36 trillion, while investment securities stood at N1.48 trillion.
In the same vein, property and equipment improved, albeit only marginally from N200 billion to N202.3 billion. Investment securities improved from N1.3 trillion recorded as of the beginning of the year to N1.48 trillion by the end of June 2022.
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FBN Holdings posted a total asset valuation of N9.53 trillion as of June 2022, representing a 6.6% increase from N8.93 trillion recorded six months earlier. FBN Holdings, which is the parent company for First Bank accounted for 15% of the total aggregate assets for the thirteen banks.

FBN’s asset growth can be attributed to increasing in its cash and balances, loan books, and investment securities. Its cash and balances with Central Bank rose from N1.59 trillion to N1.64 trillion in the six months period.
Also, its loans and advances to customers improved from N2.88 trillion as of December 2021 to stand at N3.38 trillion by the end of June 2022. It is worth adding that its investment securities rose to N2.16 trillion from N1.96 trillion.
On the flip side, its property and equipment declined marginally to N113.79 billion from N115.9 billion recorded as of December 2021.
United Bank for Africa ranks fourth on the list of biggest banks in Nigeria based on total assets with a value of 8.99 trillion, representing a 5.4% increase from N8.54 trillion recorded by the beginning of the year.
UBA accounted for 14.2% of the total asset value of the entire thirteen banks on the list. A further breakdown of the bank’s statement of financial position showed that it’s cash and bank balances improved to N1.98 trillion from N1.82 trillion recorded as of the beginning of the year.
Also, its loans and advances to customers increased to N2.75 trillion from N2.68 trillion, while loans to banks improved to N198.1 billion as of the period under review. Property and equipment stood at N183.6 billion, while investment securities at fair value stood at N1.63 trillion.
Guaranty Trust Holding Company Plc (GTCO) posted a total asset value of N5.69 trillion as of June 2022, which is 4.6% higher than the N5.44 trillion recorded as of December 2021. GTCO accounted for 8.9% of the total assets of the thirteen banks.
The banking giant, which also restructured into a holding company last year saw its cash and bank balances with the Central Bank rise to N1.04 trillion in June 2022 from N933.59 billion as of the end of last year.
Also, loans to customers increased marginally from N1.8 trillion as of December 2021 to N1.83 trillion by the end of June 2022. Meanwhile, financial assets at fair value through profit or loss improved significantly from N104.4 billion to N262.32 billion.
Fidelity Bank has N3.69 trillion
Stanbic IBTC has N3.15 trillion of asset as of 2022.
FCMB has N2.65 trillion
Union Bank has N2.54 trillion
Sterling Bank has the lowest asset with N1.81 trillion as of 2022.

HOW TO MAKE PUFF PUFF

Ingredients

  • 2 Cups all-purpose Flour
  • 1 to 1-1/4 Cup Water
  • 2 Teaspoons Yeast
  • 1 Teaspoon Nutmeg optional
  • 1/2 Teaspoon Salt
  • 1/4 to 1/2 Cup Sugar
  • 1/4 Cup Onion Blended/Grated
  • 1/2 Teaspoon Cayenne Pepper
  • Enough Oil for Deep Frying

Instructions

  • Blend or grate the Onion and set aside
  • Add all the dry ingredients together in a large bowl, mix together and set aside.
  • Add the blended Onion and begin to add the water a little at a time while mixing the batter.
  • Once the batter is smooth and lump free, cover it up with a plastic wrap or a tight lid and leave it to rise.
  • After 45 minutes to 1 hour, the batter would have doubled or almost tripled in size.
  • Preheat the Oil to 350°F and scoop a little bit of dough just like the size of a Table Tennis ball. (You can make it bigger or smaller if you wish) and drop inside the oil.
  • Fry both sides until golden brown – If you are finding it hard to turn the puff puff while frying you can just press down the balls a little bit before turning it.
  • Serve hot or warm with your favorite drink. Enjoy!

KADUNA POLYTECNIC,MASS COMMUNICATION DEPATMENT CELEBRATE INTERNATIONAL GIRL’S CHILD DAY FOR THE 1st TIME

The HOD of mass communication in person of Dr IBRAHIM GAMBO AHMED was present at the event to mark the international day of the girl child. Dr IBRAHIM GAMBO expressed his joy over the event, he stated that the girl child is an important medium to the human existence thus needs to be equiped with necessary skills. It was an amazing privilege to be a part of the one day public dialogue of the INTERNATIONAL DAY OF THE GIRL CHILD at the kaduna federal polytechnic , Organized by the office of the women leader (MACOSA ) in collaboration with african initiative for advancing social care and development (AFSCAD)

Theme : OUR TIME IS NOW . OUR RIGHTS OUR FUTURE.

The essence of the program was to educate the girl child on how to maintain proper female hygiene and about the female reproductive system.. the coordinator women in technical education encouraged the girl child on how to stay determined and achieve goals no matter the challenges life throws..
I am proud to be an educated woman 
The head of department (HOD) in person of Dr IBRAHIM GAMBO AHMED highlighted some important points that will be of help to the girl child . According to him he was excited when the Jamar health foundation discussed there plan on educating the female student of mass communication kaduna polytechnic about maintaining a proper hygiene . He had to encourage them by giving them his full support as though the program will be of great benefit to the students . He equally shared his experience about the days he engage in educating the society as well as so many humanization he has done in virtually 700 local governments in Nigeria while he was still working with UNICEF as an NGO officer who served with the united nation communication officer . He thanked the jamar health foundation and afscad for choosing kaduna state polytechnic as part of the schools they chose to visit and educate their student’s

KADUNA POLYTECHNIC M.S.S ORIENTATION 2022

Kaduna polytechnic M.S.S orientation was held on the 13th of October 2022,the orientation was aimed at welcoming new students, informing them about the what is meant to be done and things to avoid in school and also some teachings about Islam.

Key personnels like the H.O.D mass communication, Mal Sanusi Rufai,Mal Doki,Mal Buhari,Mal Balarebe et’l were in attendance and they made speeches at the occasion, speeches that will help the students on how to go about activities in the campus.

KADUNA POLYTECHNIC M.S.S ORIENTATION 2022

Kaduna polytechnic M.S.S orientation was held on the 13th of October 2022,the orientation was aimed at welcoming new students, informing them about the what is meant to be done and things to avoid in school and also some teachings about Islam.

Key personnels like the H.O.D mass communication, Mal Sanusi Rufai,Mal Doki,Mal Buhari,Mal Balarebe et’l were in attendance and they made speeches at the occasion, speeches that will help the students on how to go about activities in the campus.

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Federal Government’s Borrowing Trend in The Last 21 Years

The borrowing of Nigeria government from the year 1999 to 2007 during Buhari administration was 2.4 trillion naira, it raised from 2007 to 2011 during president yar’adua/ Jonathan to 6.17 trillion naira, 2011 to 2015 it raised to 12.12 trillion naira and from 2015 to 2021 president Buhari administration it boost to 26.91 trillion naira.

The fix rates of naira to dollar (#=$) as at the following years:

From 1999 to 2007 the price of $1 to naira was #116.8, from 2007 to 2011 it raised to #156.7, increment was made in the year 2007 to 2011 from #116.8 to #195.95 and from 2015 to 2021 it raised to #381.0.

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