Police arrest 4 suspects in Kano after kidnapping, collecting ransom in Edo The Edo State Police Command said it has arrested four suspected kidnappers in Kano State after allegedly collecting ransom from their victims in Edo. The Public Relations Officer of the command, SP Chidi Nwabuzor, who disclosed this to newsmen, said the suspects were arrested by the Anti- kidnapping and Cyber Crime Unit of the command. Nwabuzor gave the names of the four suspects as Aminu Sadio (24), Umar Aminu (22), Adamu Abubakar (30) and Adamu Tahir (30). He said…
CBN orders banks to sell excess dollars in 24 hours •Banks may sell over $5bn, says official, Cardoso faces Senate Tuesday over naira fall Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, which made the disclosure in a new circular released on Wednesday, also warned lenders against hoarding excess foreign currencies for profit. According to officials, the central bank believes some commercial b…
Delivering Results, Making a Difference: Obasa's Transformational Leadership in Lagos Assembly *By Dave Agboola* Leadership comes in various forms, but only a few possess the ability to truly transform their organisations and leave a lasting impact on their constituents. One such remarkable leader is Rt. Hon. (Dr) Mudashiru Obasa, the Speaker of the Lagos State House of Assembly. Obasa's leadership is distinguished by his unique style of administration. He employs a proactive methodology, consistently searching for inventive soluti…
Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank -Fidelity Bank Plc- and was commissioned at the Hyundai Mipo D…
Emir Endorses The Alternative Bank in Kano L-R: Executive Director with The Alternative Bank, Garba Mohammed and Emir of Kano, Alhaji Aminu Bayero during the inauguration of a branch of The Alternative Bank in Kano recently. The arrival of Nigeria's largest ethical bank, The Alternative Bank, has been endorsed by the Emir of Kano, Alhaji Aminu Ado Bayero, as the bank opens its first stand-alone branch in the ancient city. The Emir made the remarks during the launch of the bank, describing it as a transformative force that will significan…
Dangote Cement rewards distributors at Awards night For their continued loyalty, the management of Dangote Cement Plc, at the weekend rolled out the drums to celebrate its teeming distributors across the country. The funfair and celebration were in appreciation of its customers’ patronage in the previous years and the company’s acceptability by Nigerians. The Distributors’ award ceremony was in recognition of the distributors’ long-standing commitment, devotion, loyalty, and valuable contribution to the distribution and sale of Dangote C…
ARM PENSION MANAGERS (PFA) LIMITED TO MERGE WITH ACCESS PENSIONS LIMITED Lagos, Nigeria – January 27, 2024 : Access Holdings Plc (‘Access Holdings’) is pleased to announce a major development in its ongoing growth strategy. Access Golf Nigeria Limited (‘Access Golf’), a majority shareholder of Access Pensions Limited (‘Access Pensions’) which is a subsidiary of Access Holdings, has received the ‘no-objection’ of the National Pension Commission and the approval of the Federal Competition and Consumer Protection Commission for its proposed ac…
Osinbajo made Buhari call Jesus four times in 2019 – Femi Adesina Femi Adesina, a former Presidential aide, has downplayed the possibility of former President Muhammadu Buhari being a bigot. Adesina recalled how Buhari, who is a Muslim, called the name of Jesus four times after former Vice President Yemi Osinbajo survived a helicopter crash. He disclosed this in his recently launched book titled: ‘Working with Buhari: Reflections of A Special Adviser, Media and Publicity (2015-2023).’ According to Adesina: “The Vice President survived a heli…
Customs intercept cocaine, arms worth N4bn The Nigeria Customs Service, Tincan Island Command, said it intercepted cocaine, arms and ammunition worth N4.3 billion. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this while addressing journalists during the handing over of the seized contraband at the command on Thursday. Adeniyi said that the seized contraband came from South Africa and Canada. He added that the command also intercepted Colorado Indica weighing 32.5 kilogrammes. “Other seized contraband included 65 packets of Co…
Just In: President Tinubu To Depart Nigeria For France President Bola Ahmed Tinubu will today depart Abuja for Paris, France, for a private visit. Our correspondent reports that this was made known in a short statement on Wednesday by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale. President Tinubu will return to the country in the first week of February, 2024. Meanwhile, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has debunked reports that plans are underway to move the…
New Regulations: Chicken Republic Asks Customers to Bring Containers After Lagos Bans Styrofoam Chicken Republic, the Nigerian fast-food franchise, has announced plans to transition from the use of styrofoam and plastic containers. Styrofoam is used to manufacture disposable packs or plates commonly found at eateries and also used by caterers. The Lagos government had recently banned the usage and distribution of styrofoam and other single-use plastics across the state. In a statement released on Monday, Food Concepts PLC, the restaurant’s p…
ACAMB Elects New Executive Committee to drive its next phase of Growth …as new President harps on collaboration L-r: ACAMB Exco; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Vice President (VP)1, Oze K Oze of FirstvBank; President, Rasheed Bolarinwa of Polaris Bank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Publicity Secretary, Omede Odekina of United Bank for Africa (UBA); and Social Se…
Primate Ayodele’s 2024 Prophecies On Ogun Speaker, Plateau Crisis Come To Pass It’s just the first month in 2024 but Nigerian prophet, Primate Elijah Ayodele has recorded a handful of fulfilled prophecies from his revelations for the new year which he released on Friday, 22nd Of December, 2023. Although, this isn’t a strange happening; Primate Ayodele has nothing less than 15,000 prophecies that have been fulfilled, all Glory to God almighty. He is the only prophet who has the largest number of released and fulfilled prophecies and this is…
Don’t make money your God, Tinubu urges Nigerians President Bola Tinubu has charged Nigerians to join hands to fix the country and have a change of mindset towards money. Tinubu stated this on Monday when he received a delegation of the Christian Association of Nigeria (CAN) led by its president Archbishop Daniel Okoh at the State House in Abuja. He also urged CAN to help in preaching against corruption and related matters. A statement from Tinubu’s spokesman Ajuri Ngelale said: “We have no other country but Nigeria. If you do not preach the…
AFCON 2023: Super Eagles to face Cameroon in Round of 16 Nigeria will play Cameroon in the Round of 16 at the 2023 Africa Cup of Nations. The knockout tie was confirmed on Tuesday evening after defending champions Senegal defeated the Syli Stars 2-0 and Cameroon beat Gambia 3-2. The result means that Senegal top Group C with nine maximum points, while Cameroon finish second with four points. Guinea also finished with four points, but have an inferior goal difference. The Super Eagles finished runners-up behind Equatorial Guinea in Group A,…
Staying Connected with WhatsApp Channels: Four Things You Need to Know Today, over 2 billion people across more than 180 countries use WhatsApp to connect with friends and family, making it probably the world's most widely used private messagingservice. And now, people are using WhatsApp for more than just messaging friends and family. Introduced last year, WhatsApp Channels is a new feature that gives people an easy way to get updates and information straight from the individuals and organisations that matter to them. Whether…
Minimum wage panel ready this month, says Fed Govt Apanel to negotiate a new national minimum wage for public sector workers will be inaugurated before the end of this month, the Federal Government has said. Minister of State for Labour and Employment, Nkeiruka Onyejeocha, who dropped the hint yesterday in Abuja, said: “I am sure before the month runs out, the panel will be in place.” The minister spoke through a text message. The national minimum wage committee, when inaugurated by the government, will oversee the modalities across the boar…
Seasons of Honours: UBA wins Several International Awards, including Global Finance Best SME Bank for 2023 Seasons of Honours: UBA wins Several International Awards, including Global Finance Best SME Bank for 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstanding performance reaffirms its status as a leading playe…
Access Holdings boosts consumer lending with new subsidiary Acquires 80% stake in Ugandan bank Access Holdings Plc is establishing a new consumer lending subsidiary that aims at further expanding consumer finance options for individuals and businesses. The new subsidiary, Oxygen X Finance Company Limited, is expected to commence operations soon upon obtaining final operating licence from the Central Bank of Nigeria (CBN). CBN had earlier granted approval-in-principle to the new subsidiary. According to the company, the new subsidiary will impa…
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