Delivering the ruling on Friday, the presiding judge, Justice Emeka Nwite held that the bail application was rejected after carefully reviewing the document.
Nwite said he resolved that the defendant will jump bail if granted.
.jpeg)
Independent investment research reports by many market pundits reviewed at the weekend showed that Fidelity Bank was assigned “buy” ticker, a recommendation to investors to consider the potential attractive returns of the bank.
Hassan Yusuf, the Managing Director of The Alternative Bank, unveiled this plan in a press release, highlighting the forthcoming AltWalk event as a pivotal fundraising platform. "Through this initiative, we aim to mobilize contributions from both internal and external stakeholders, reaffirming our commitment to education and societal welfare," stated Yusuf.
The Bank was awarded these three noteworthy certifications by MSECB, a leading international provider of audit and certification services, after being rigorously assessed and found to be in accordance with the management system requirements covering Information Security, IT Service Delivery, and Business Continuity standards under the combined Information Management Systems (IMS) standards.
Placidus was found guilty of diverting N112,100,000 of a customer's fixed deposit funds for his own personal use.
Residents across India grappled with searing temperatures on Wednesday (May 1) as a record-breaking heatwave scorched parts of the country amid a general election.
Eastern India experienced its hottest April on record as the state of West Bengal recorded the most number of heatwave days for the month in the last 15 years, followed by the neighbouring coastal state of Odisha where heat conditions were the worst in nine years.
"Despite our efforts to keep cool by pouring water on ourselves, and on the ground, nothing is working. We can feel steam rising from the ground," said local resident Bharti Das outside her home in a Kolkata slum.
The weather office said rainfall in May is likely to be normal and that it expects more showers during the second half of the monsoon season in August and September as compared to June and July due to the La Nina climate pattern, which typically brings higher rainfall to India.
According to the statement, Gross Earnings increased by 89.9% yoy to N192.1bn from N101.1bn in Q1 2023. The increase was led by a combination of interest income (90.7% yoy) and non-interest income (84.0% yoy). Growth in interest income was primarily spurred by a higher yield environment and strong earning assets base, while the increase in non-interest income was led by double-digit growth in account maintenance charges, FX-related income, trade, banking services, and remittances, supported by increased customer transactions.
