Akinwunmi Ambode, the only governor limited to a single term since the political family of Asiwaju Bola Ahmed Tinubu took the reins of the affairs of Lagos state is back on the lips of many.
Since the 59year old left office in the
Since the 59year old left office in the
The lightning hit Lafayette Square, a small park across the street from the White House, shortly before 7:00 pm (2300 GMT) Thursday, leaving two men and two women with “critical life-threatening injuries,” according to a statement from Washington’s fire and emergencies department.
All the victims were taken to local hospitals, but on Friday morning the Metroplitan Police confirmed that two of them — 75-year-old Donna Mueller and 76-year-old James Mueller, both from Janesville in Wisconsin — had been pronounced dead.
Obi is a two-term ex-governor of Nigeria’s southern Anambra state and is bidding to succeed President Muhammadu Buhari in next year’s election as leader of the Labour Party.
He first made the claim during an hour-long interview that was aired on July 6, 2022, by Nigerian broadcaster Arise Television.
The bank also refuted and dismissed the allegations of dud cheque and forgery levelled against the managing director, as well as dismiss the inappropriate issuance of bench warrant on him.
The Chief Magistrate, Elizabeth Jones of the Chief Magistrates’ Court in Wuse, Abuja had issued a warrant of arrest against Adebise following his non- appearance before the court to respond to an ongoing forgery case brought against the bank by one Mr George Halliday despite five adjournments.
Chief Magistrate Elizabeth Jones of the Chief Magistrates’ Court in Wuse, Abuja, issued the warrant following Mr. Adebisi’s failure to appear before the court on five adjournments.
The Bank chief was invited to appear before the court to respond to an ongoing forgery case brought against the bank by one Mr George Halliday.
The complainant had accused the bank of failing to honour a garnishee order absolute issued by the High Court of the FCT directing them to pay him the sum of N50 million.
Idris and his co-defendants: Godfrey Olusegun Akindele, Mohammed Kudu Usman are standing trial in a N109 billion fraud before Justice A. O. Adeyemi Ajayi of the Federal Capital Territory High Court, FCT, Maitama, Abuja.
In the report, the bank recorded an increase of 50 percent in its Gross Earnings from the ₦39.82 billion it recorded in H1 of 2021 to ₦59.59 billion. It also grew its Interest Income by 55 percent year-on-year, from the ₦32.19 billion recorded at this period last year to ₦49.75 billion. The bank’s Non-Interest Income went up from ₦7.64 billion in the period ended 30 June, 2021 to ₦9.85 billion, an increase of 29 percent.
Like many investments platform that went down last year, Addy Finance and Investment Ltd, formally known as AddyFx, was one of such. Billions of naira of investors’ money was trapped as the company could no longer keep up with the payment promise.
AddyFx was founded by Adoms Uju Francis in November 2018 and operated as a Forex trader which provided double-digit monthly returns on investments either: monthly every 6 months or every 12 months with options to either terminate at the end of a pre-agreed cycle, or rollover to mark the beginning of a fresh cycle.
The ranking, which was published in the July 2022 edition of The Banker Magazine of the Financial Times Group, United Kingdom, was based on the 2021 year-end Tier-1 capital of banks globally. Zenith Bank's financial performance for the year was underpinned by double-digit growth of 10% in gross earnings, with an improved market share in both retail and corporate sectors despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic.
In his Goodwill Message Presentation, the Founder and Chairman of Zenith Bank Plc, Mr. Jim Ovia, CON, called for a concerted effort towards diversifying Nigeria’s export base through the promotion of non-oil exports. Highlighting the importance of non-oil export to the nation’s economy, Ovia pointed out that Nigeria exported cocoa and several other non-oil products for years before oil was discovered. He cited the example of the 25-storey Cocoa House in Ibadan, which was built with proceeds from cocoa exports. He pointed out that many countries in the world, such as Japan and China been successful because they are doing a great deal of innovation, production and manufacturing of goods and services. According to him, we should also look at promoting the nation’s non-oil export sector through technology to create technological giants like Apple, Tesla, and Google. And we already have technology companies in this mould in Nigeria, such as Flutterwave, which has a valuation of $3 billion, making it more valuable than some banks in Nigeria. Speaking further on the enormous potential in Nigeria’s non-oil sector, Ovia highlighted the phenomenal growth of Nigeria’s emerging financial technology (Fintech) companies such as Flutherwave, OPay, Interswitch, Kuda and Paystack, with market valuations of $3 billion, $2 billion, $1 billion, $500 million, $200 million, respectively. According to him, this underscores the enormous opportunity in the Fintech space. He also noted that the most capitalized companies in the world, such as Apple, Microsoft, Alphabet (Google), Amazon, Tesla, Visa, etc., are not oil companies but are in the technological innovation space.
The seminar will draw participation from trade practitioners, local and foreign exporters, manufacturers, financial institutions, and government agencies. This forum would provide an opportunity for all participants, including relevant government agencies, to explore ways to unlock the immense opportunities in Nigeria's Non-Oil Export Sector.
Police are hunting five gunmen who burst into a bar in Soweto and killed 15 customers in a hail of bullets, South Africa's Police Minister has said.
The promo, which was launched in Lagos yesterday in the presence of regulators from the National Lottery Regulatory Commission and Federal Competition and Consumer Protection Commission, is expected to offer life-changing prizes, which will have immense economic values to the loyal consumers.
According to the company, Dangote Cement Bag of Goodies Promo Season 3, which runs from July 5 to October 31, 2022, promises to be a blast as there are over 32.3 million mouth-watering prizes to be won, including television sets, refrigerators, rechargeable fans, 2KVA generators, and millions of airtime gifts of major networks in Nigeria.
Interestingly, every single bag of Dangote Cement to be produced daily through the promo period will contain scratch cards for various gifts to be won by consumers.
Speaking at the unveiling ceremony, Group Managing Director, Dangote Cement Plc, Michel Puchercos stated that the Bag of Goodies Promo series is designed to continuously reward loyal Consumers who have stayed faithful and remained the backbone in the cement business. He said these consumers have contributed in no small measure to make Dangote range of cement products the first choice for construction purposes across the country.
Puchercos explained: “We are offering life-changing prizes, which have immense economic values as they can be used to kick-start small scale businesses. These prizes are targeted to help many families recover from the impact of the COVID-19 global pandemic, which adversely affected their sources of livelihood.”
Giving details about the promo, National Sales Director, Dangote Cement, Funmi Sanni, described the promo as a huge investment aimed at rewarding new and existing consumers, “especially in these trying times of our nationhood with the much needed financial and material palliatives.”
The awards, which were presented to the Group Managing Director/Chief Executive of Zenith Bank Plc, Mr. Ebenener Onyeagwu at the London Stock Exchange yesterday, were in recognition of the bank’s ability to embrace digital transformation and best-in-class sustainability and corporate governance practices, leading to a stellar business performance in a difficult economic climate.
Movie producer JJC Skillz has revealed that he and his wife Funke Akindele have been separated.
He made this announcement in an Instagram post on Thursday morning, admitting that their marriage has been having issues for over two years.
JJC Skillz wrote on Instagram:
'Dear Friends and family I need to let you know that Funke and I have separated. '
While it lasted we shared a lot of things together and have created 2 beautiful children. The last two years have been extremely difficult for us. I know I have tried my best to fix things but I believe it is beyond repair now.
3 months ago and at Funkes insistence I moved out of the house and apart from AMVCA have not been able to get Funke to sit down in an amicable manner to discuss the future of our relationship.
I'm making this announcement so that the public is clear that we both are pursuing separate lives. We still have issues that need to be addressed such as the custody and wellbeing of our children which is paramount as well as business interests which need to be disentangled but I have no doubt that these will be resolved one way or the other
The partnership focuses on key sectors of the economy and designed to have female entrepreneurs exposed to essential business skills like training, networking and the ELOY Foundation Business Toolkit, a compilation of business survival skills nuggets. The business shower will avail businesses a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022. Participants will also be able to access the FirstGem single digit loan, where eligible
Leading Cement manufacturer, Dangote Cement Plc, on Wednesday launched the Dangote Articulated Truck Driving School in a move aimed at inculcating safe driving culture in its drivers so as to stem the tide of road crashes.
The opening of the school in partnership with the Federal Road Safety Corps (FRSC), the Company management reasoned, would also make the drivers become better road users.
The Academy, which was officially commissioned by Corps Marshal of the Federal Road Safety Corps (FRSC), Dr. Boboye Olayemi Oyeyemi, was characterized as historic and unique.
The actress took to her official Instagram page on Friday to announce the news and wrote:
“I thank Mr. Tonte Ibraye(@tonteibraye), the Governorship Candidate of the African Democratic Congress (ADC) Rivers State for nominating me as his running mate.
“We are looking forward to investing massively in social protection, creating a social value system for young people, increasing women’s inclusion in our governance system, supporting small businesses and strengthening our traditional institutions to be active players in the drive to bring sustainable development to the good people of Rivers State.
“I am glad to be a proud member of the #RiversRescueMission2023
Please get your PVC and join the movement.
You are the Future and The future is now!TonteTonto2023″
According to a preliminary report by the Bar Beach Police Division, trouble started when the singer and five police escorts visited the nightclub around 4am on June 8.
About four policemen waited outside while one of the policemen, identified as Inspector Ibrahim, who was in mufti, accompanied the Grammy-Award-winning artiste into the club.
According to multiple witness statements, the singer was in the VIP section with three women when he spotted another woman.
He was reported to have told Ibrahim to invite the woman to join him.
Bola Tinubu, has taken clinched the presidential ticket of the All Progressive Congress APC.
His decision to cross-carpet ended weeks of speculation about the deputy governor’s membership in the Peoples Democratic Party (PDP).
Mr. Olaniyan said his defection was informed by calls from his supporters who were unhappy with how he has been excluded from the affairs of the PDP and the state.
Analysts say this is a demonstration of the Bank’s highly diversified and robust funding sources, and its pedigree and track records in treasury management.
The Eurobond Notes were issued on May 30, 2017, as the second tranche of the Bank’s $1 billion Global Medium Term Note Program, with a 5-year tenor and coupon of 7.375%.
In September 2019, the Bank had redeemed $392.6 million of the Notes through a Cash Tender Offer ahead of its maturity date of May 30, 2022.
Zenith Bank Plc, Nigeria’s largest and Africa’s twelfth largest bank by Tier 1 capital (The Banker Top 1000 World Banks 2021 Ranking) has consistently demonstrated market leadership, growth capacity, a solid and liquid capital base, good returns on investment and excellent customer service.
Over the years, the Bank has maintained a deep understanding of the market and its operating environment to sustain excellent results, an indication of the Bank’s robust enterprise risk management framework and strong corporate governance.
Mr. and Mrs. Ekeoma further instructed him and one Ugochukuwu Onwugbuna to form a firm in Liberia called Dexter Oil Limited to conduct oil trading transactions.
For the shareholders of the Nigerian banking behemoth, First Bank of Nigeria Limited, it is a season of celebration and a period to shower praises on the board and management of the bank for successfully working its way back into reckoning, after a long period of operational challenges mostly blamed on rising cases of non-performing loans.
Otedola’s direct and indirect holdings of FBNH the parent company of First Bank amounted to 2.717 billion shares in December 2021.
The Nigerian investing community was held spellbound earlier in the week when FBN Holdings Plc released its much-awaited 2021 financial statements to the public, showing a stellar performance, especially in its banking subsidiary, First Bank of Nigeria Limited, which is said to be indicative of its strong recovery from its hitherto dwindling financial position.
Dangote won awards in 8 different categories, on Wednesday at the venue of the award presentation organised by a renowned organisation Brand Africa in Lagos. The other awards include: Most Admired Nigerian Brand, West Africa’s Most Admired Brand that symbolises African Pride; West Africa’s Most Admired African Brand, and Most Admired Nigerian Brand in Africa, among others.
The latest report has suggested that the popular Nigerian-American singer and aspirant on the People’s
According to an earlier report, Wellington polled a total of 28 votes to beat his opponent to the PDP’s ticket.