Man Commits Suicide Because His Wife Left Him In Ogun A man has taken his own life in the Akute Area of Ogun State after his wife ended their marriage. Eyewitnesses say the man and his wife had a misunderstanding and she decided to walk out of the marriage. Angered by her decision, the aggrieved husband decided to end his life. A resident of the area, Gallas Oluwaseyi, who shared the story online claimed the man had taken his daughter to a point of sale operator in their neighborhood on Faleye Street by Akute junction and asked that all the mo…
Central Bank Has My Support To Redesign, Replace Naira Notes; It Will Hit Those Who Buried Money In The Ground—Buhari Buhari stated this in reaction to the outrage that greeted the announcement of the plan to introduce the redesigned naira notes into circulation. President Muhammadu Buhari on Sunday said he gave the Central Bank of Nigeria (CBN) approval to redesign and replace N1,000, N500 and N200 notes, effective December 15. Buhari stated this in reaction to the outrage that greeted the announcement of the plan to introduce the redesigned …
Sad: Father found hanged, 2 children, mother dead Two children and their parents have been found dead in their house in the region of Brittany on the northern French coast, local media reports. According to initial investigations, the killing of the family members seems to be related to the separation of the parents, the public prosecutor’s office in the city of Brest announced on Sunday evening. According to the report, emergency services found the 41-year-old man hanged. His 8- and 11-year-old children lay dead in their beds, and the 38-year…
JUST IN: 13 Passengers Burnt To Death In Ghastly Enugu Auto Crash At least 13 passengers were burnt to death in a fatal accident which happened near the Four-Corners Enugu on Sunday night. The ill fated 14-seater bus said to be traveling from Imo State to Adamawa reportedly ran into a trailer before bursting into flames. All the passengers except one, were said to have burnt beyond recorgnition in the accident which occurred at the Enugu end of the Enugu-Port Hacourt Expressway. Only one passenger survived the auto crash, with varying versio…
Wema Bank grows earnings by 51% to N95.354 billion on loan growth Nigeria's most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021. According to the bank's unaudited financial results for the third quarter of 2022, the grow in gross earnings reflects an increase in loans and advances and supported in a challenging macro econom…
FG breaks silence on proposed new naira notes, raises alarm Forty Eight hours after announcement of Naira redesign fixed for December 15, 2022 by the Central Bank of Nigeria (CBN), the Minister of Finance, Budget and National Planning, Zainab Ahmad, has disowned the policy. The Minister who commented on the policy in response to question raised by Senator Opeyemi Bamidele (APC Ekiti Central) during 2023 budget defence session she had with the Senate Committee on Finance, warned CBN of consequences that may arise from it. Senator Bamidele had …
FG clarifies gaming taxes to be collected by FIRS * Nigeria licensed online operators to deal with NLRC The Federal Government, weekend, clarified the controversy surrounding the collection of taxes from registered online gaming operators in the country. The clarification came on the heels of a recent statement from the Federal Inland Revenue Service, FIRS, to the effect that it (FIRS) has commenced direct collection of taxes from online gaming operators. The FIRS statement was said to have confused the operators in the gaming industry as the …
Unity Bank Declares N2.2 Billion Profit in Q3/2022, Grows Gross Earnings by 17% LAGOS. 26.10.2022. Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021. The increase can be attributed to new products that are focused on deep penetration and driving volume in the retail market space. A review of the Agric-focused lender’s unaudited nine-month res…
FIRST BANK OF NIGERIA LIMITED PARTNERS CFA SOCIETY NIGERIA TO HOST ITS ANNUAL FLAGSHIP EVENT, THE UNIVERSITIES ETHICS CHALLENGE First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, scheduled to hold at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29 October 2022. The Universities Ethics Challenge is designed to increase students' awareness of the eth…
UBA opens Saturdays for naira notes deposit The United Bank for Africa (UBA) has opted to open on Saturdays to enable customers to deposit their existing naira notes pending the circulation of new ones in December 2022. This Central Bank of Nigeria (CBN) announced the redesign of naira notes on Wednesday, stating that the new notes will come into circulation on December 15. As a result, UBA in a circular, has encouraged its customers to deposit the current naira notes to the bank before it becomes banned in January 2023. “On 26th October …
Fidelity Bank Posts N25.1b H1 Profit, Proposes 10k Interim Amid harsh operating environment, Fidelity Bank Plc has posted Profit Before Tax (PBT) of N25.1 billion for its half-year (H1) 2022 operations, against N20.6 billion achieved in the corresponding period in 2021. Specifically, an analysis of the bank’s half year performance showed that PBT rose by 21.6 per cent, from N20.6 billion to N25.1 billion, while gross earnings increased by 37.9 per cent from N154.8 billion on account of 52.9 per cent growth in interest income. According to the…
Buhari Returns From South Korea President Muhammadu Buhari on Friday returned to Abuja after a six-day official visit to Seoul, the capital of South Korea, for the First World Bio Summit 2022. The President arrived at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja, around 6am. He was received by two governors, senior government officials and security chiefs. They included the governors of Katsina and Niger States; Hon. Aminu Bello Masari and Alhaji Abubakar Sani Bello; Minister of the Federal Capital Territory (FCT)…
Germany, Bulgaria, Ireland, Denmark Join US, UK In Nigeria Terror Alert The governments of Germany, Bulgaria, Ireland and Denmark have cautioned their citizens against non-essential travel to Abuja, Nigeria’s capital over a heightened risk of terror attacks. The travel advisories came a few days after the United States, the United Kingdom, Australia and Canada had warned of a possible terror attack in Abuja. The federal government through the Minister of Information, Lai Mohammed had since dismissed the advisories and specifically said the Un…
ZENITH BANK SURMOUNTS HEADWINDS WITH STRONG Q3 2022 TOPLINE AND BOTTOM LINE PERFORMANCE 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…
Gov., Abiodun, DG Of DSS Charged To Help Stop Illegal Detentions By Ogun AG, DSS Chief Taofeek Adisa (a.k.a ILU), of Odunsayin Royal Family, owners and occupiers of Itusi Baba Ode Land, near Ilogbo -Ashowo, Via Ota, Ogun State, on behalf of the family and innocent occupiers of the said land, appeals to Prince Dapo Abiodun, the executive Governor of the State and Yusuf Magaji, DG of the DSS Yusuf to intervene and stop what they described as abuse of power and intimidation by notorious land grabbers, Ogun State Attorney General and the State…
54-yr-old grandmother eaten alive by python A 54-year-old grandmother, Jarah has been eaten alive by a 22-foot python in Indonesia after she went into the jungle to gather rubber. According to the DailyMail, Jarah went missing on Friday night in woodland near her family home in Jambi Province, on the western island of Sumatra. After her family raised an alarm about her disappearing, locals sent out search parties and two days later found a huge snake in a forest clearing with a swollen stomach, and when they cut it open found her body inside. …
2 die, 4 injured on Lagos-Abeokuta Expressway Two persons died while four others sustained injuries in an accident that involved a commercial bus, truck and motorcycle around Conoil Bus-Stop on the Lagos-Abeokuta Expressway. Mrs Temitope Oseni, the Owode-Ijako Unit Commander of the Ogun Traffic Compliance and Enforcement Corps (TRACE), confirmed the incident on Tuesday. According to her, the unfortunate incident happened at about 10: 03 p.m. on Monday. Oseni explained that a Daf blue truck with registration number, AAA 094 XT, was heading to A…
Fuel Queues Resurface In Lagos There is currently fuel scarcity in Lagos, the nation’s commercial capital, as queues have surfaced in parts of the state. Findings by our correspondent showed that many filling stations in the metropolis are currently experiencing long queues of motorists. One litre of fuel in Nigeria to cost N462 without subsidy? Unlikely The situation, it was learnt, started on Monday morning and there are indications that the situation might get worse any time soon. Our correspondent observed an unusually long queue at …
US Embassy Alerts on Terror Attacks in Abuja, Reduces Services, UK, Others Follow * Schools take precautionary measures, move classes online *DSS sues for calm, says populace should remain alert The United States Embassy yesterday issued a security alert on elevated risk of terror attacks in Abuja, the Nigerian capital. Following US Embassy terror warning, the British High Commission also issued advisory to its staff on movement while also announcing reduced services. Similarly, other European countries, are reducing services and will be …
CAN Writes IGP Over Assassination Attempt On Apostle Suleman The Christian Association of Nigeria (CAN), Edo State Chapter, has called on the Inspector General of Police, Usman Alkali Baba, and other security agencies to bring to book all those behind the assassination attempt on the General Overseer of the Omega Fire Ministries, Apostle Johnson Suleman. The state chairman of the association, Dr. Bishop Oriname Oyennude Kure, made the call in Benin City while expressing his resentment on the dastardly act on the clergyman. “We herein humbly b…
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