With ‘Giants Campaign’ FirstBank truly woven into the fabric of society

WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13O-year-old FirstBank, has hit the airwaves and other media outlets with various visuals to articulate its new campaign ‘The Giant in You’. Breaking down the central message, ‘there is a giant…

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Tinubu names ex-lawmaker who allegedly ‘branded COVID-19 palliatives as birthday souvenirs’ as ED, NSITF

Mojisolaoluwa Kehinde Alli-Macaulay, a former lawmaker in Lagos State who came under fire in 2020 due to a condescending statement she made about the Nigerian youth, has been appointed as the Executive Director (Operations) of the Nigeria Social Insurance Trust Fund (NSITF). When the news of her appointment, which was approved by President Bola Tinubu, surfaced on Saturday, many social media users decried it, as they recalled the past statement she made. While addressing a plenary session of the Lagos House of Assembly regarding the looting and violence that followed…

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Tinubu appoints Walson-Jack to replace retiring Yemi-Esan as Head of Service

President Bola Tinubu has approved the appointment of Mrs. Didi Esther Walson-Jack, as Head of the Civil Service of the Federation, with effect from August 14, 2024. A presidency statement issued by presidential spokesman. Ajuri Ngelale, announced this on Wednesday evening. Mrs. Walson-Jack was appointed as Federal Permanent Secretary in 2017 and has served in several Ministries. The new appointee will take over from the incumbent Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, CFR, who is due to retire on August 13, 2024. President Tinubu, while…

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Reps to donate 50% of six months’ salaries to combat hunger

The House of Representatives at a plenary session on Thursday pledged to give up 50 per cent of their salaries for six months to address the hunger across the country. During the session presided over by Speaker Tajudeen Abbas, Deputy Speaker Benjamin Kalu amended the motion, urging his colleagues to sacrifice 50% of their salaries. He made this plea when it was his turn to speak, seeking their support for this gesture. “This government is doing its best but one year is not enough to address the challenges of this…

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Tinubu okays N70k as new minimum wage, labour justifies acceptance

President Bola Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years. This is coming after the leadership of the Nigeria Labour Congress and the Trade Union Congress met with the President at the Presidential Villa, Abuja on Thursday. From left: Minister of Information and National Orientation, Mohammed Idris; Minister of Labour and Employment, Nkeiruka Onyejeocha; President, Nigeria Labour Congress, Comrade Joe Ajero and President Trade Union Congress, Comrade Festus Osifo briefing State House Correspondents…

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We are with you! PDP Govs back Fubara against Wike

Governors on the platform of the People Democratic Party (PDP), have pledged to support Gov. Siminalayi Fubara of Rivers in the crisis between him and his predecessor, Nyesom Wike. The Chairman of the PDP Governors Forum, Gov. Bala Mohammed of Bauchi State, made the pledge in a communique the forum issued at the end of the forum’s meeting at the Government House, Enugu on Wednesday. According to him, the forum is aware of the ongoing crisis in Rivers and is committed to supporting Gov. Fubara, saying they had resolved that…

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Lagos Govt ask residents to embrace farming to boost food security

The Lagos State Government (LASG) has called on the residents to embrace subsistence farming by growing different crops within their homes to cushion the high cost of food items in the state. Subsistence agriculture occurs when farmers grow crops to meet the needs of themselves and their families on smallholdings. Ms Abisola Olusanya, the state Commissioner for Agriculture and Food Systems, made the call at a news conference on Wednesday in Lagos. Olusanya urged Lagos residents to embrace subsistence farming to boost food security. “We call on Lagos residents to…

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Students Loan: Recipients to get alerts next week -NELFund boss, Sawyerr

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has said that successful applicants will start receiving alerts from next week. He said over 110,000 students had successfully applied for the loan, noting that it would only be disbursed to students who have started their session. Sawyerr, who stated this during an interview on Channels TV’s Politics Today, said other students would receive alerts as soon as their sessions start. He said, “Over 110,000 students have successfully applied for student loans. They have been verified as eligible…

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Tinubu seeks senates approval to increase 2024 budget by N6.2tr

President Bola Ahmed Tinubu on Wednesday transmitted a letter to the Senate asking the lawmakers to approve 2024 supplementary appropriation by N6.2 trillion. According to the letter read by Senate President Godswill Akpabio, this increases the 2024 budget to N34.9 trillion from an initial N28. 7 trillion budget President Tinubu had earlier signed into law on January 1. According to the letter, Tinubu is seeking an amendment to provide for N3.2 trillion for infrastructure projects and N3 trillion for recurrent expenditure. The letter reads in part, “Pursuant to section 58…

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Katsina lawmakers walk out of meeting with Gov. Radda over instruction to drop phone at reception

There was a mild drama at the Katsina State Government House, on Wednesday, when members of the state House of Assembly who were to hold a meeting with Governor Dikko Radda staged a walk out to protest security details’ directives asking them to drop their mobile phones at the reception of the council chamber, venue of the meeting. The lawmakers led by the speaker arrived in a coaster bus, disembarked and approached the Government House Council Chamber but were accosted at the entrance by security details who asked them to…

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Labour Party condemn Ndume’s removal, calls it ‘dictatorial inclination’

The leadership of Labour Party (LP) has condemned the removal of Senator Ali Ndume as the chief whip of the senate. At plenary on Wednesday, Senate President Godswill Akpabio read a letter from the leadership of ruling All Progressives Congress (APC) demanding the removal of Ndume as a principal officer in the 10th senate. The party also asked Ndume, who has been very critical of President Bola Tinubu, to resign and join any opposition party of his choice. But responding in a statement on Wednesday, Obiora Ifoh, National Publicity Secretary…

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Six Years Single Term: Bill scales first reading at House of Reps

The House of Representatives on Wednesday passed through the first reading a bill, seeking to amend the 1999 constitution to provide for a single term of six years for the Offices of the President, State Governors and Local Government Areas Chairmen to curb wastages occasioned by four years periodic elections. The private member bill was sponsored by the member representing Ideato North/Ideato South Federal Constituency, Imo State, Ikenga Ugochinyere and 50 other lawmakers. The proposed bill seeks to alter Sections 7, 135, 137, 180 and 182 (1) of the 1999…

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MTN Nigeria targets 40m MoMo wallets in 2025, plans largest fintech group

MTN Nigeria has set a target to build the largest fintech platform in the country, aiming to reach 30 to 40 million active MTN MoMo wallets by 2025. This was disclosed in its sustainability report filed with the Nigeria Exchange Limited on Tuesday. The report reads: “MTN Nigeria has set a target of building the largest and most valuable fintech platform in Nigeria with 30-40 million active MTN MoMo wallets by 2025,” the report stated. According to the report, in alignment with the Central Bank of Nigeria’s legal requirements, the…

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As Dele Alake leads African solid minerals ministers to Aso Rock, Tinubu counsels on patriotism in managing continent’s wealth

President Bola Tinubu has asked solid minerals ministers across African countries to be patriotic and proactive in managing the continent’s natural wealth and combatting illegal exploitation. Tinubu said this on Wednesday in Abuja when he received a delegation of African Ministers of Solid Minerals under the auspices of African Minerals Strategy Group led by the Chairman, Mr. Dele Alake, at the State House, Abuja. He urged the ministers to defend Africa against illegal exploiters of the continent’s mineral resources. “We will lead the continent to self-realisation on the value of…

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Court quashes Shuaibu’s impeachement as Edo Deputy Gov. orders reinstatement

Justice James Omotosho of the Federal High Court in Abuja on Wednesday, voided the impeachment of Phillip Shuaibu as the Deputy Governor of Edo State. Justice Omotosho, while delivering judgment in the suit, ordered that Shaibu be reinstated to office because the Edo State House of Assembly failed to comply with due process in impeaching him. Justice Omotosho also set aside the appointment of the new Deputy Governor who replaced Shaibu. Obaseki’s estranged ex-deputy pledges loyalty to Benin monarch as tongues wag over controversial court case The court held that…

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APC sacks Ndume as Chief Whip, asks him to join any party of his choice

The Senate has removed Senator Ali Ndume as the Chief Whip and replaced him with Senator Tahir Monguno. Ndume’s replacement by the Senate followed a directive issued to that effect in a letter written by the National Chairman of the party, Umar Ganduje and National Secretary, Senator Bashir Ajibola. At plenary on Wednesday, Senate President Godswill Akpabio read a letter from the leadership of ruling All Progressives Congress (APC) demanding the removal of Ndume as a principal officer in the 10th senate. The party also asked Ndume, who has been…

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Group alleges fraud against ex- Unity Bank chairman, Etuh, asks EFCC to arrest, investigate him

An anti-corruption organisation, the Global Integrity Crusade Network (GICN) has petitioned the Economic and Financial Crimes Commission (EFCC) to arrest and investigate former Unity Bank Chairman, Thomas Akoh Etuh, for various alleged offences. The petition, signed by GICN Chairman, Board of Trustees, and President, Edward Omaga, dated 11th of July alleged that Etuh committed the offences during his tenure as Chairman of Unity Bank’s Board of Directors between January 23, 2015, and October 4, 2017. According to the petition, Etuh’s actions allegedly led to a significant increase in non-performing loans…

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Police investigates Blord boss, Linus Williams over alleged serial fraud

The Federal Criminal Investigation Department (FCID) of the Nigerian Police Force, National Cybercrime Center (NPF-NCCC), has launched an investigation into allegations against Linus Williams, the CEO of BLORD Group of Companies. According to reportd monitored on National Waves, the inquiry has been extended to several entities under the BLORD umbrella, including BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY. The investigation followed complaints that these companies were involved in a series of serious offences. These include cryptocurrency fraud, aiding and abetting internet fraud, engaging in computer-related fraud, funding…

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UBA launches legacy promo to celebrate 75th anniversary, to splash N200m on customers

In line with its custom of rewarding loyalty, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to launch the “UBA Legacy Promo” as part of activities to mark its 75th year anniversary. This landmark campaign has been specially designed by the bank to celebrate UBA’s rich legacy spanning over 75 years, as well as the bank’s longstanding commitment towards rewarding its loyal customers in a grand style. The UBA Legacy Promo which will run for a period of six months beginning from July 2024, will see the…

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We have resolved crude oil crisis -Dangote, says refinery will make $26bn yearly

The Chairman of Dangote Group, Aliko Dangote has revealed that the crisis surrounding the supply of local crude oil to his $19bn dollar refinery has been resolved. However, Dangote’s confirmation of the resolution of the crude crisis might be a soothing balm to Nigerians who feared the lack of feedstock might jerk up the price of the refinery’s PMS. The PUNCH’s correspondent reports that this will be about the third time the refinery will postpone its PMS delivery date since it commenced the supply of diesel and aviation fuel into…

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Dangote to list refinery on Nigerian Exchange in March 2021

The President and Chief Executive Officer of Dangote Industries Limited, Alhaji Aliko Dangote, has disclosed that the Dangote Petroleum Refinery will be listed on the Nigerian Exchange before the end of March, 2025. This came as the refinery again delayed the date for the supply of Premium Motor Spirit, popularly known as petrol, till August, another shift from July. Dangote disclosed that the refinery was set to roll out its petrol in August 2024, having resolved its crude oil supply issues through the help of the Nigerian National Petroleum Company…

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Nigeria’s oil crisis worsens as Aliko drops NNPCL stake in Dangote Refinery to 7.2%

The lingering crisis in Nigeria’s petroleum sector took a new dimension on Sunday as the Chief Executive Officer of Dangote Refinery, Alhaji Aliko Dangote, revealed that the Nigerian National Petroleum Corporation now owns a 7.2 per cent stake in the mega refinery following the nations oil industry regulator to pay up its balance for a 20% stake. Aliko Dangote made the revelation during a media briefing held in Lagos State on Sunday. He said, “NNPC no longer owns a 20% stake in the Dangote refinery. They were meant to pay…

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Copyright Infringement: AGF applies to take over prosecution of MTN’s CEO, Toriola, others

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN) has approached the Federal High Court Abuja, indicating interest in taking over the prosecution of the Chief Executive Officer of MTN Nigeria Communications Limited, Karl Toriola, and others. The suit, which was initially being prosecuted by the Nigerian Copyright Commission, has listed as defendants in the charge marked FHC/ABJ/CR/111/2024, MTN Nigeria Communications Limited; Toriola, MTN Senior Executive Officer, Nkeakam Abhulimen; Fun Mobile Limited, a telecommunications service provider; and Yahaya Maibe, its CEO as first, second, third, fourth and…

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British singer, Stefflon Don reinstates love for Burna Boy

British rapper and singer, Stephanie Allen, popularly known as Stefflon Don, has stated that award-winning Nigerian singer, Damini Ogulu, also known as Burna Boy, is the love of her life. Stefflon Don made the claim in an interview with Fernando Halman on the Netherlands music platform, Real Talk, which was released on social media on Saturday. When asked if Burna Boy still held a special place in her heart, the Jamaica-born singer responded with an unequivocal, “Yes!, with dreamy eyes and a voice softened by fond memories. As the conversation…

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Healing, deliverance liberation galore as Rhema holds ‘Let Me Pass’

There was massive healing, deliverance and financial liberation as Prophet (Dr.) Anene Nwachukwu led Rhema Deliverance Mission holds 2024 “Let Me Pass” program tagged the “Gathering of Prophetic Generals” even as the nation’s economic and insecurity challenges bites harder by the day, to set children of God on the path of economic and spiritual stability. “Let Me Pass” 2024 is targeted at delivering the nation from her economic, political/leadership and insecurity challenges as the bible has charged the children of God to pray for the leaders in authority. It will…

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Unveiling the 20yr old crook, who shot ex-Pres. Donald Trump

Following an attempt on the life of former United States President Donald Trump at a political rally on Saturday, July 13, 2024, in Pennsylvania, authorities have identified the shooter as 20-year-old Thomas Crooks. “Thomas Matthew Crooks, 20, of Bethel Park, Pennsylvania, is the subject involved in the assassination attempt of former President Donald Trump on July 13, in Butler, Pennsylvania,” USA Today quoted the Federal Bureau of Investigation as saying in a statement on Sunday. The bureau added, “This remains an active and ongoing investigation, and anyone with information that…

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Attempted Assasination: I felt a “whizzing sound”, bullet rip my skin, says Trump

Donald Trump says he has been shot in the ear at a political rally, describing a “whizzing sound” and feeling a “bullet ripping through skin” A male attacker was shot and killed by a member of the Secret Service after the apparent assassination attempt on Trump at the event in Butler, Pennsylvania The attacker killed one spectator at the rally, and two others are critically injured, according to the Secret Service A witness at the rally told BBC they saw a man with a rifle crawling on a nearby roof…

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Unknown assailants set Emir Sanusi’s palace on fire

An early morning fire outbreak has burnt a section of the Gidan Rumfa palace of the 16th Emir of Kano, Alhaji Muhammadu Sanusi II. PUNCH Online gathered that the fire outbreak, which happened on Friday night, around 11 pm, was set by yet-to-be-identified persons. A source, who spoke with Daily Trust, said the palace located at Kofar Kudu, where the Emir sits every Monday for the court, was seriously affected by the fire. The source added that the throne, air conditioners, and other valuables were destroyed in the inferno. “It…

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LG Autonomy: Ex-Delta Gov., Ibori faults Supreme Court judgement

James Onanefe Ibori, a former Governor of Delta State, has faulted the Supreme Court judgment that granted full autonomy to local governments in Nigeria, saying it dealt “a severe setback on the principles of federalism.” Ibori, in a post on X shortly after the judgment, expressed his disagreement with the verdict, referencing constitutional provisions to substantiate his claim that the decision undermines the foundations of federalism. After an intense back and forth between the Federal Government and state governors, the Supreme Court ruled on Thursday that it is unconstitutional for…

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Canada Trip: Lagos Police Command arrests couple attempting to sell their two-year-old son

Operatives of the Lagos State Police Command have arrested a couple (name withheld) attempting to sell their two-year-old son to travel to Canada. The command’s spokesperson, SP Benjamin Hundeyin, confirmed this to the News Agency of Nigeria on Thursday in Lagos. Hundeyin said that the couple, aged 28 and 22, were apprehended on Tuesday while trying to sell their child off. He stated that around 2.45 p.m. on Tuesday, the Isolo Divisional Police Officer received information that the couple went to Isolo General Hospital and expressed their intention to sell…

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N33bn Fraud: Power Minister collapses in court

Former Minister of Power, Saleh Mamman, collapsed outside the courtroom on Thursday at a Federal High Court, Abuja, due to ill health. The News Agency of Nigeria reports that Mamman, whose plea was fixed for Thursday morning, collapsed outside the courtroom before the case was called. The former minister’s counsel, Femi Ate, SAN, told Justice James Omotosho shortly when he was called to take his plea. Upon resumed hearing, the ex-minister walked into the courtroom and stepped into the dock with part of his clothes drenched. Justice Omotosho then asked…

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FG to revoke Interior Ministry’s Ikoyi property sales

The federal government has threatened to revoke the sale of residential quarters belonging to the Ministry of Interior in the Ikoyi area of Lagos. The affected property is the Ikoyi liaison residential quarters of the ministry. In 2020, the Federal Ministry of Justice, through the Attorney General of the Federation, Mr Abubakar Malami (SAN), commissioned an agent to identify and recover possession of landed properties belonging to the federal government that are currently being used and occupied by unauthorised persons. Although details of the sale, including the date and buyer,…

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Tinubu’s ADC, Yusuf may succeed father as Kwara monarch

Barring last-minute change of decision, the Aide-de-Camp (ADC) to President Bola Ahmed Tinubu, Lt. Col. Nurudeen Yusuf, will be appointed the next Elemona of Ilemona in Oyun Local Government Area of Kwara State. Yusuf, if appointed, will succeed his father and late monarch, Oba Yusuf Omokanye Oyekanmi, who died in May, at the age of 95. According to reports credited to Daily Trust the process of his announcement is only waiting to be ratified by the state government. Senior palace sources and top stakeholders in Oyun who confirmed his selection…

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N1.6bn Fraud: Ex-AGF offers to refund looted money, begs for more time

Anamekwe Nwabuoku, a former acting Accountant-General of the Federation, has pleaded with Justice James Omotoso of the Federal High Court in Abuja to give him more time to conclude the refund of the public funds allegedly looted by him and his co-defendant. Nwabuoku and his co-defendant, Felix Nweke, who are facing 11 counts of money laundering to the tune of N1.6bn, made the plea on Wednesday. The Economic and Financial Crimes Commission is prosecuting them of committing to the act while Nwabuoku served as the Director of Finance and Accounts…

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Democracy wins, as Supreme Court grants financial autonomy to local governments

Nigeria’s Supreme Court declared on Thursday that it is unconstitutional for state governors to hold funds allocated for local government administrations. The seven-man panel, in the judgment delivered by Justice Emmanuel Agim, declared that the 774 local government councils in the country should manage their funds themselves. The apex court held that the power of the government is portioned into three arms of government, the federal, the state and the local government. The court further declared that a state government has no power to elect a caretaker committee and a…

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Minimum Wage: Tinubu invites NLC, TUC for talks

The Federal Government is on the verge of agreeing on a new national minimum wage as President Bola Tinubu has invited the organised labour consisting of the Nigeria Labour Congress and the Trade Union Congress to a meeting at the Aso Villa on Thursday. A close source in the labour leadership who craved anonymity made this known to our correspondent on Wednesday. According to him, Tinubu is willing to settle the lingering talks on minimum wage on Thursday and has invited the joint union presidents to a meeting.

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NDLEA arrests drug baron who flee South Africa to hide in his village in Imo state

A drug baron on the wanted list of the National Drug Law Enforcement Agency, identified as Joachin Mbonu, has been arrested. Mbonu was arrested by operatives of the NDLEA in his village mansion in Imo State on July 5. A statement on Tuesday by the agency’s spokesperson, Femi Babafemi, said Mbonu was arrested along with his associate. He stated that Mbonu belongs to a drug cartel behind the production of methamphetamine. Babafemi said, “A major drug cartel behind the production and distribution of deadly psychoactive substance, methamphetamine, popularly called ‘Mkpuru…

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Power Failure: NERC goes tough on DisCos, rolls out sanctions

The Nigerian Electricity Regulatory Commission has rolled out touch sanctions against Discos that commit infractions capable of inflicting pain on consumers. Among other things, NERC said it would reduce five per cent of the administrative, and operational expenditure of any electricity distribution company that failed to offtake at least 95 per cent of the total energy allocated to it for distribution. This was contained in the commission’s Order on Performance Monitoring Framework for all the DisCos. According to the order, DisCos would now be assessed on seven key performance indicators…

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Alleged N1.5bn Fraud: Reps probe Women Affairs Minister for spending N20m on sanitary pads

The House of Representatives has queried the Minister of Women Affairs, Uju Kennedy-Ohanenye, for spending unrelated expenditures, including N45m for a New Year party, N20m for sanitary pads, the News Agency of Nigeria reports on Wednesday. Others include N1.5m for vehicle fuel. NAN reports that Rep Kafilat Ogbara, Chairman of the House Committee on Women Affairs, led the interrogation of the minister, over the non-payment of N1.5bn to contractors despite the fund release in Abuja. She said that the investigative hearing was aimed at uncovering the truth and not witch-hunting…

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APC, Nat. Chair, Ganduje, family to appear in court for corruption charges

Abdullahi Ganduje, The National Chairman of the All Progressives Congress, his wife Hafsat, and six others are set to appear before a Kano State High Court on Thursday. They face charges related to alleged bribery, diversion, and misappropriation of funds amounting to billions of naira. The Kano State Government initiated the suit before Justice Amina Adamu Aliyu. The court had earlier granted permission on June 5 to serve the respondents through substituted means. The respondents in the case include, Abdullahi Ganduje (1st respondent), his wife Hafsat (2nd respondent), Abubakar Bawuro…

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Vice -Chancellor accuses varsity staff of serving as informants to bandits

The Vice-Chancellor, Federal University Dutsinma (FUDMA), Katsina State, Prof. Armaya’u Bichi, has alleged that some of the university’s staff are serving as informants to bandits. The News Agency of Nigeria (NAN) reports that bandits have been attacking the area, kidnapping students and staffers of the university as well as their family members. Exactly a week ago, bandits stormed the residence of Dr Tiri Gyan David, Head of the Department of Agricultural Economics, Extension, and Rural Development of FUMA, killing him and abducting his children. Briefinf newsmen on Tuesday, Bichi said…

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Miyetti Allah hails as Tinubu creates ministry for livestock development

The Miyetti Allah Cattle Breeders Association of Nigeria has commended President Bola Tinubu for establishing the Ministry of Livestock Development. In a statement released on Tuesday in Abuja, the association’s President, Baba Othman-Ngelzarma, said the establishment of the ministry would unleash the potential of the trillion-naira livestock industry. Othman-Ngelzarma said the ministry intends to generate high-quality and efficient employment opportunities throughout the livestock value chain with the aim of enhancing the Nigerian economy. He said, “With this development, MACBAN believes, the hope of the Nigerian pastoralists is now achieved under…

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Reps threaten to arrest Dangote over arbitrary cement price increase

The House of Representatives’ Joint Committee on the arbitrary increase in the price of cement, on Tuesday, threatened to arrest the management of Dangote Cement if it fails to appear at its next hearing. Recall that the legislative chamber had on May 7, 2024, issued a 14-day ultimatum to cement manufacturers to appear before its joint committee and make their submissions on the arbitrary increment of cement prices in Nigeria. The Chairman, House Committee on Solid Minerals, Jonathan Gbefwi, gave the summon at a public hearing to investigate the arbitrary…

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ECOBANK sacks 150 staff, paid compensation below industry standard

Friday, December 22, 2023, was a sad day for more than 150 Ecobank workers across different units and branches in Nigeria, as the bank disengaged them without clear reasons. Some of the workers told FIJ that what Ecobank gave them as severance pay in February was significantly less than expected, considering their long years of service to the bank. FIJ learned that although the affected workers, who had worked for 10 to 22 years, were told to pick up their termination letters on December 22, the termination took effect on…

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Finally, UK based Nigerian gets access to N373k deposited in Wema bank after eight months

Alat by Wema has granted access to a Nigerian woman in the United Kingdom who could not access the N373,000 in her account for eight months. This development happened on Monday evening, 24 hours after FIJ reported about the lady’s frustration with the bank. She told FIJ on Tuesday that the issue had been resolved and she could access her money, adding that she was grateful for FIJ’s intervention. “I am so thankful for your publication. Not too long after I saw it on Monday, I realised I could access…

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How Wema Bank’s ALAT blocked UK based customer from accessing N373,000 for 8 Months

A Nigerian based in the United Kingdom has accused Alat by Wema of deliberately frustrating her by refusing to allow her access to her N373,000 for more than eight months. The woman, who prefers to be anonymous, told FIJ that she kept writing to the bank, asking them to help her update her National Identification Number (NIN) to withdraw her funds but it had yielded no success. She said that her frustration started in October, when she wanted to withdraw some funds but could not do so because her account…

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N4.8bn Fraud: Ibeto gets Oct. 24 date for trial

Justice Oyindamola Ogala of the Lagos High Court sitting in Ikeja, on Thursday, July 4, 2024, adjourned till October 24, 2024 further hearing in the alleged N4.8bn fraud trial involving Cletus Ibeto, Chairman, Ibeto Energy Development Company. Ibeto alongside Ibeto Energy Development Company and Odoh Holdings Ltd are to be arraigned by the Economic and Financial Crimes Commission, EFCC, on 10-count charges bordering on allegations of obtaining by false pretences, fraudulent conversion of property, criminal breach of trust, forgery and deception to the tune of N4.8bn. Count one reads: “That…

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World Finance Banking Awards 2024: Again Zenith Bank emerges best commercial bank, corporate governance in Nigeria

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024. The awards, which were published in the Summer 2024 Issue of the World Finance Magazine, are in recognition of the bank’s robust financial performance, superior customer service, sustainability initiatives and corporate governance practices. Commenting on the dual honours, the Group Managing…

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How I manage sexual overtures from women, by Pastor Adeboye

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God, has said he is still wary of sexual immorality despite his ‘anointing’ and years in the ministry. Adeboye said despite his age, he runs faster than before to avoid any form of sexual temptation, noting that no amount of anointing can fight such temptation. The cleric also warned ministers of the gospel to be wary of sexual immorality and the erroneous belief that their ‘anointing’ could help them withstand any temptation. He stated these during a sermon…

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NOVA Bank begins operation as a national bank, introduces PHGITAL to increase customers’ experience

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria Island. This follows the Central Bank if Nigeria’s (CBN) approval of the final license for the Bank to commence operations as a National Commercial Bank. Apart from the newly opened branch in VI, the Bank announced that additional branches in Lagos, Abuja, Port Harcourt, and Kano, will follow shortly. Speaking on the commencement of its commercial banking operations,…

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