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golden empire jili png SVG GFX Conference Heads to NYC on Feb. 20 to Spotlight Sports Graphics Tech and Creative InnovationThe 12th Governing Council of the Lagos State Polytechnic has officially exited as its tenure for the polytechnic has been completed. The council announced its exit at a meeting held on Monday, December 9, 2024 at its Isolo Campus. The exit of the Polytechnic Governing Council became a necessity since the institution has been transformed into a university. In 2022, the Lagos State Polytechnic (LASPOTECH), Ikorodu, and two other higher institutions – Adeniran Ogunsanya College of Education ((AOCOED), Ijanikin, Lagos; and Michael Otedola College of Primary Education (MOCPED), Noforija, Epe, Lagos formally assumed their new status as universities following the signing into law, the bills seeking conversion of the three institutions to universities by Governor Babajide Sanwo-Olu. LASPOTECH was established in 1977 through a retroactive Lagos State Edict No. 1 of 1978 as a College of Science and Technology with the mission thrust that is vocational. However, it was immediately merged with the Lagos State School of Agriculture in Ikorodu in August of 1978. A decade after, which is in 1988, its nomenclature was changed to Lagos State Polytechnic. To some extent, the polytechnic had undergone some transition in its development. At the beginning, with about five departments, namely, Accountancy and Finance, Management and Business Studies, Insurance, Secretarial Studies and Basic Studies and offer of GCE ‘A’ Level courses in the Arts and Sciences, it has now over 56 programmes which include Accountancy, Agricultural Engineering/Technology, Agricultural Technology, Architectural Technology, Arts And Design, Banking And Finance, Building Technology, Business Administration & Management, Chemical Engineering Technology, Civil Engineering Technology, Computer Engineering, Computer Science, Electrical/Electronic Engineering Technology, Estate Management and Valuation, Fisheries Technology, Food Technology, Horticultural Technology, Hospitality Management, Insurance, Leisure and Tourism Management, Marketing, Mass Communication, Mechanical Engineering Technology, Mechatronics Engineering Technology, Office Technology And Management, Quantity Surveying, Science Laboratory Technology, Statistics, and Urban And Regional Planning among others. LASPOTECH has one more year to closed down and allow the new LASUTECH to assume its full status across the three campuses. Speaking at its exit meeting on Monday, the Chairman of the defunct LASPOTECH Governing Council, Prof. Rasheed Kola Ojikutu, noted that the council has to cease to exist since the institution has been transformed into a university. While appreciating the members of the council, Ojikutu stated that the council recorded a huge success due to the cooperation of the members. He boasted that he was able to steer the wheel of the council because of his contentment, integrity and humbleness. The council chairman said he detests people flaunting their power and using it at will. “I hate people using their power anyhow. Don’t use your power at will, it should be the last resort,” he said. He, therefore, appreciated all the members of the council for their support and resilience to the end of the tenure. Also speaking, the Poly Rector, Dr. Nurudeen Olaleye, said the council has to be dissolved in order to pave way for the university that has taken over the polytechnic. While appreciating the council for its support over the years, Olaleye said he was very lucky to work with the 12th council, saying it helped him to grow and have seamless tenure as the last rector of the legacy polytechnic. He appreciated the council especially the council chairman for creating conducive environment for him as a rector, saying working with the council chairman gave him the muscle to achieve greatly for the institution. He also appreciated Governor Babajide Sanwo-Olu for his effort to make the institution a best place to work. “We thank Almighty God for the journey so far. It is only by his grace that we are successful. “I will say I’m a very lucky person to have worked with this council. I had the opportunity to learn, unlearn and relearn.” Meanwhile, the LASUSTECH Vice Chancellor, Prof. Olumuyiwa Odusanya, who was represented by the University Registrar, David Ogungbe, appreciated the council especially for the infrastructure it was able to build in the university during the tenure.

Nokia Corporation Stock Exchange Release 9 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 09.12.2024 Espoo, Finland - On 9 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 9 December 2024 was EUR 3,645,000. After the disclosed transactions, Nokia Corporation holds 210,777,220 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: [email protected] Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: [email protected] Attachment Daily Report 2024-12-09NEW YORK: All three major US stock indices scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve chair Jerome Powell gave a late boost to the market. The economy is stronger than it appeared in September when the central bank began cutting interest rates, allowing policymakers to potentially be a little more cautious in reducing rates further, Powell said at a New York Times event. Powell's comments overall along with a Fed economic activity report added to the upbeat tone in the market, said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. The Fed said in a summary of surveys and interviews from across the country known as the "Beige Book" that US economic activity has expanded slightly in most regions since early October. Powell "was very upbeat about economy, and he said we're making progress on inflation... that's good news for stocks in general," Cardillo said. Investors expect a third consecutive interest-rate cut at the central bank's Dec. 17-18 meeting. Salesforce jumped 11% and hit an all-time high after the enterprise cloud company beat analyst estimates for third-quarter revenue and raised the lower end of its annual revenue forecast. Other cloud companies also advanced. The S&P 500 technology index hit a record closing high, along with the communication services and consumer discretionary indexes. Also in the tech space, Marvell Technology rallied 23.2% and also hit a record high after the chipmaker forecast fourth-quarter revenue above analyst estimates. An index of semiconductors rose 1.7%, while Nvidia was up 3.5%. The Dow Jones Industrial Average rose 308.91 points, or 0.69%, to 45,014.44, the S&P 500 gained 36.59 points, or 0.60%, to 6,086.47 and the Nasdaq Composite gained 254.21 points, or 1.30%, to 19,735.12. Investors eagerly await monthly US jobs data due on Friday and jobless claims data on Thursday. Earlier Wednesday, US private payrolls data showed a modest increase in November. Separately, a survey from the Institute for Supply Management showed US services sector activity slowed in November after big gains in recent months. The final reading of the S&P services survey was revised lower to 56.1. "Recent economic data has pretty much confirmed the Fed will cut rates in December," said Sam Stovall, chief investment strategist at CFRA Research in New York. Friday's jobs report is "like the granddaddy of employment reports this week," he said. Advancing issues outnumbered decliners by a 1.2-to-1 ratio on the NYSE. There were 367 new highs and 79 new lows on the NYSE. On the Nasdaq, 2,372 stocks rose and 1,930 fell as advancing issues outnumbered decliners by a 1.23-to-1 ratio. Volume on US exchanges was 13.06 billion shares, compared with the 14.89 billion average for the full session over the last 20 trading days. — Reuters

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