First Bank

Saturday, March 27, 2021

Joe Biden invites Buhari, 40 world leaders to climate summit


United States President Joe Biden has invited 40 world leaders, including Nigeria’s President Muhammadu Buhari, to a Leaders Summit on Climate holding between April 22 and 23.⁣

The Summit which would be held virtually will be live streamed for public viewing across the globe.⁣

A statement from the White House on Friday said President Biden took the action on his first day in office to return the United States to the Paris Agreement, and days later, on January 27 announced that he would soon convene a leaders summit to galvanize efforts by the major economies to tackle the climate crisis.⁣

The decision is intended to be actualized at the Leaders Summit on Climate convened by President Biden, which will underscore the urgency – and the economic benefits – of stronger climate action.⁣

The Summit will be a key milestone on the road to the United Nations Climate Change Conference (COP26) holding in November in Glasgow.⁣
United States President Joe Biden has invited 40 world leaders, including Nigeria’s President Muhammadu Buhari, to a Leaders Summit on Climate holding between April 22 and 23.⁣

The Summit which would be held virtually will be live streamed for public viewing across the globe.⁣

A statement from the White House on Friday said President Biden took the action on his first day in office to return the United States to the Paris Agreement, and days later, on January 27 announced that he would soon convene a leaders summit to galvanize efforts by the major economies to tackle the climate crisis.⁣

The decision is intended to be actualized at the Leaders Summit on Climate convened by President Biden, which will underscore the urgency – and the economic benefits – of stronger climate action.⁣

The Summit will be a key milestone on the road to the United Nations Climate Change Conference (COP26) holding in November in Glasgow.⁣

Thursday, March 25, 2021

Abdul Samad Rabiu Africa Initiative – ASR Africa – Starts Disbursement Of Annual $100m Grant As Ahmadu Bello University Gets N1Billion

 


ASR Africa Initiative – the brainchild of Abdul Samad Rabiu, Founder and Executive Chairman of BUA Group has provided a grant ofOne (1) billion Naira to Ahmadu Bello University as part of its yearly $100million ASR Africa Fund for

Tuesday, March 23, 2021

Nigeria's super model's son, Ugo Ugochukwu, 13, signs McLaren long-term deal


British motor racing team McLaren has signed 13-year-old Nigerian American karter Ugo Ugochukwu on a long-term deal to aid his development through motorsport’s junior categories.


“McLaren Racing today announced that it has signed a long-term agreement with Ugo Ugochukwu, the promising young driver from the USA, who was recently crowned FIA European karting champion,” McLaren said in a statement on its website.

'We will deal with you' - Army Chief tells Dokubo, Igboho, others

 


The Chief of Army Staff (COAS), Lt. -Gen. Ibrahim Attahiru, has said that the Nigerian Army has resolved to deal with secessionists who are threatening the peace of the country.⁣⁣

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He vowed to ensure that those inciting disintegration such as the Yoruba activist, Sunday Igboho who recently declared the Oduduwa Republic and his South South counterpart, ex-militant, Asari Dokubo are all dealt with.⁣⁣
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General Attahiru gave the warning while speaking in Uyo at the first Commanding Officers’ Workshop 2021.⁣⁣
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Attahiru vowed that the country would remain integrated, adding that the army in collaboration with other security agencies will deal with separatists agitating for secession.⁣⁣
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“The Nigerian Army under my leadership would remain proactive and jointly work with other security agencies to decisively deal with threats facing the nation.⁣⁣
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“The Nigerian Army under my watch remains resolute and is poised more than ever before to decisively deal with individuals or groups that threaten the peace, security and stability of our great nation,” he vowed.⁣

Thursday, March 18, 2021

Kanye West Becomes Richest Black Man In the U.S


Kanye West Is Reportedly Worth More Than $6 Billion Thanks To Yeezy Sneaker Business.

West’s net worth is estimated at $6.6 billion, in large part due to his Yeezy sneaker business, which Bloomberg places between $3.2 billion and $4.7 billion after reviewing private documents. Bloomberg also reports that West’s upcoming Gap collab could be worth as much as $970 million, with additional income coming from his music catalog, cash, stocks and business investments such as estranged wife Kim Kardashian’s SKIMS underwear brand.

Considering the rapper claimed to have been $53 million in debt less than half a decade ago, his feat is worth the recognition. However, it still remains a mystery as to how West’s billion-dollar company was eligible for a loan of $2 to $5 million under the Small Business Administration’s Paycheck Protection Program.



Wednesday, March 17, 2021

Tuesday, March 16, 2021

Inside "The Fight" To Succeed Outgoing GT Bank CEO Segun Agbaje With Executive Director Miriam Olusanya Touted To Be Ahead Of Others

 


As the tenure of Segun Agbaje, the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank, winds up this year, the battle to succeed him in the bank has intensified. One of the favourites to succeed him is Mrs. Miriam Chidiebele Olusanya, an

Emanuella, others win big at Nickelodeon Kid’s Choice Awards 2021

 Nigeria’s comedy star, Emanuella Samuel, known as Emanuella has - by public voting - emerged the winner of the "Favourite African Social Media Star" category at the Nickelodeon’s Kids’ Choice Awards 2021. Emanuella was nominated alongside Nigerian comedy group - Ikorodu bois, South African Magician - Wian Van Den Berg; Ugandan Youth Dance Group - Ghetto Kids, Kenyan social media sensation - Elsa Majimbo, and South African media personality - Bonang Matheba. 

Saturday, March 13, 2021

Details As BUA Founder Abdul Samad Rabiu Donates N200m Donation To Sokoto State University For Construction Of ICT Faculty Building

 Nigerian Philanthropist and Industrialist, Abdul Samad Rabiu, has donated N200million to Sokoto State University towards the construction of an ICT Faculty Building for the University. 



This donation will support the University’s quest to become one of Nigeria’s best universities producing talent in the ICT space. 


According to Rabiu, Sokoto State is host to 3 of BUA Cement’s factories and over the years, the State had played a huge role in

Friday, March 12, 2021

Supreme Court upheld 10- year conviction of Former Plateau Governor, Joshua Dariye


The Supreme Court on Friday upheld the 10- year conviction on Former Plateau Governor, Joshua Dariye.⁣

The 10-year imprisonment was for the offence of criminal breach of trust.⁣

A five-member panel of justices, led by Justice Mary Odili, in a unanimous judgment, held Dariye’s appeal in part, by setting aside the one-year sentence imposed on him by the Court of Appeal in relation to the offence of criminal misappropriation.⁣

The apex court upheld Dariye’s concurrent conviction and sentence by the trial court and the Court of Appeal on the offence of criminal breach of trust.⁣

Dariye had filed the appeal praying the court to set aside the Abuja Court of Appeal judgment that handed him a 10 year jail term.⁣

Dariye in his appeal, prayed the apex court to upturn the November 16, 2018 judgment of the lower court, which convicted him and sentenced him to 10 years for diverting public funds estimated at N1.162billion while he was the governor.⁣

Tuesday, March 9, 2021

UK promises to return to Nigeria £4.2m stolen by ex-governor James Ibori


The United Kingdom has signed a Memorandum of Understanding (MoU) to return the sum of £4.2 million of stolen assets by Former Delta State Governor, James Ibori.⁣

The British High Commissioner to Nigeria Catriona Laing announced this on Tuesday at the Conference Hall of the Ministry of Justice in Abuja.⁣

Laing said the money was recovered from friends and family members of the former Delta State governor.⁣

Monday, March 8, 2021

Prince Harry and Meghan Markle tied the knot secretly three days before the official royal wedding


Prince Harry and his wife Meghan Markle tied the knot in secret three days before the official royal ceremony, Meghan revealed during her highly anticipated sit-down with Oprah Winfrey.⁣⁣⁣

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Oprah asked Meghan what she was excited about in her new life (i.e. post-working royal life), and the Duchess replied, “Just being able to live authentically… it’s so basic but it’s really fulfilling.”⁣⁣⁣

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Friday, March 5, 2021

DJ Cuppy admitted into Oxford university for a master’s degree


Billionaire daughter and disc jockey, Florence Otedola fondly popularly known as DJ Cuppy, has been accepted into Oxford University, England, for a master’s degree in African Studies.

The star took to her Instagram page to share the news when she posted a video informing her parents about the development.

Pretty Mike arrested over Cubana COVID-19 rule violation


The Nigerian Police Force, Lagos State Command have arrested socialite, Mike Eze-Nwalie Nwogu, known as Pretty Mike over the alleged breach of COVID-19 protocols at the Cubana Nightclub.

The Instagram celebrity was arrested following a raid of the red light hangout spot. 172 workers and clubbers at the Victoria Island branch of the facility were also arrested.

Wednesday, March 3, 2021

Court fixes May 17 for EFCC’s report in Diezani Alison-Madueke’s trial


The Federal High Court, Abuja, on Wednesday, fixed May 17 for the Economic and Financial Crimes Commission (EFCC) to give a report on how it has complied with the court order in the trial of former Minister of Petroleum Resources, Diezani Alison-Madueke.


Justice Ijeoma Ojukwu fixed the date following the absence of the EFCC’s lawyer, Farouk Abdullah, in court. May 17 was fixed for a report on EFCC’s compliance with a court order, directed the court registrar to issue the prosecution (EFCC) counsel with the next hearing notice.


Monday, March 1, 2021

Backward Integration In Sugar, Cement & Now, Petroleum: Who Are The Real Beneficiaries?


First came Sugar... then Cement… now, petroleum refining. The cycle of seeking protectionist Backward Integration Policies to protect a few players in limited industries keeps repeating itself. Only in this case, what should