Allegations of money laundering, tax evasion trail Rev. Mother Ajayi’s suspected ban from UK

Share this on WhatsAppWho is after Reverend Mother Esther Abimbola Ajayi, the General Overseer of Love of Christ (LOC) Generation Church, United Kingdom? This is the mind-boggling question that has been troubling many of her admirers and followers. The highly revered evangelist, preacher, motivational speaker and philanthropist has become a subject of derision among some Nigerians living abroad, especially in the United Kingdom, where her church is based. The church, which sources said is small, is reportedly located in Clapham, London. Sources disclosed that Iya Adura, as Rev’d Mother Ajayi…

Read More

Gbajabiamila wades into electricity workers feud

Share this on WhatsAppThe leadership of the House of Representatives will ensure the implementation of the agreement between the National Union of Electricity Employees (NUEE), the Bureau of Public Enterprises and the Federal Ministry of Power to address the grievances that led to a strike action recently, Speaker Femi Gbajabiamila has said.Gbajabiamila also said the House would make sure that members of the union are henceforth treated rightly by the government to avoid the strike action they embarked upon on Wednesday, which paralysed economic activities in the country.In a bid…

Read More

FirstBank Sponsored National Company of the Year winners claim 4 awards in Africa Company of the Year contest

Share this on WhatsAppTaidob College Abeokuta, winners of the 2019 National Company of the Year Competition (NCOY) organized by Junior Achievement Nigeria and sponsored by First Bank of Nigeria Limited on Friday 6 December 2019, represented Nigeria in Ghana at the 2019 African Company of the Year competition. Taidob College left Ghana with four awards in the keenly contested competition, comprising representatives from 10 other Junior Achievement member countries in Africa, notably from the Kingdom of Eswatini (Swaziland), Ghana, Zambia, Gabon, Uganda, Zimbabwe, Mauritius, Botswana, Kenya and South Africa. Team Nigeria…

Read More

We’ll encourage Nigerian youth to realise their potential – Gbajabiamila

Share this on WhatsAppThe Speaker of the House of Representatives Rep. Femi Gbajabiamila has assured that the House under his leadership would encourage Nigerian youth to realise their potential.He said the House believes that Nigerian youth have a lot to offer, hence the need to give them a push for the benefit of the country.Gbajabiamila spoke when he hosted a young Nigerian from Surulere, Mrs Olasubomi Iginla Aina, who was recently honoured with the title of the Member of the British Empire (MBE) by the Queen of England.The Speaker said…

Read More

Iru community erupts in crisis as two Princes emerge Oniru-elect

Share this on WhatsAppThe purported announcements of Akeem Ajasa, a Chief Superintendent of Police (CSP) and Adesegun Oniru, a former commissioner in Lagos State and scion of the late Abiodun Oniru family as Oniru-elect to the stool of Oniru of Iru land in upscale Victoria Island, Lagos have thrown the very urbanised community into crisis. Two separate videos announcing the choices of Ajasa and Oniru have since gone viral on social media. Ajasa’s choice was reportedly announced by Chief Biliaminu Sanni in Lagos on Wednesday. Reacting swiftly to the appointment,…

Read More

Breaking: Joshua reclaims World Heavyweight Boxing titles

Share this on WhatsAppWith a unanimous decision, 118-110, 118-110, 119-109, Nigerian born British Heavyweight boxer, Anthony Joshua reclaimed his three world heavyweight boxing champions belts. Joshua defeated now-former champion Andy Ruiz Jr. via unanimous decision to reclaim the WBA, IBF, WBO, and IBO belts and is once again the man to beat. Share this on WhatsApp

Read More

Varsity lecturer found dead in office

Share this on WhatsAppThe lifeless body of a lecturer, Dr Nicholas Igbokwe, was on Saturday morning found in his office at Obafemi Awolowo University, Ile-Ife. Until his death, Igbokwe was a lecturer in the Physical and Health Education Department of the university. Although no official statement yet as to how the incident happened, a source in the department, who pleaded anonymity, said the late academic may have died late Friday without anyone knowing about it. The source said, “His lifeless body was already cold when it was discovered around 12.00…

Read More

Respected Evangelist, Bonnke, Dies at 79

Share this on WhatsAppGerman Pentecostal evangelist, Reinhard Bonnke who was principally known for his gospel missions throughout Africa, is dead aged 79. A post on his official Facebook page explained that he passed away peacefully and was surrounded by his family. “It is with sorrow that the Bonnke Family would like to announce the passing of our beloved husband, father, and grandfather, Evangelist Reinhard Bonnke,” . “He passed away peacefully, surrounded by his family, on December 7, 2019. For the past 60 years, he has preached the glorious Gospel of…

Read More

House to begin work on constitution review, PIGB next year – Gbajabiamila

Share this on WhatsApp The Speaker of the House of Representatives Rep Femi Gbajabiamila has assured that the House would commence work on the Petroleum Industry Governance Bill (PIGB) and the amendment of the 1999 Constitution next year. The Speaker said both the constitution review and the PIGB are part of the bills that the House would prioritise in 2020. He noted that the House would do everything within its powers to give Nigeria the best in terms of laws that would promote peace and good governance in the country.…

Read More

FirstBank Sponsors National Company of the Year Winners for African Contest

Share this on WhatsAppFirst Bank of Nigeria Limited has announced that Taidob College Abeokuta, the 2019 winners of the National Company of the Year competition organized by Junior Achievement Nigeria would compete against student teams from 10 other Junior Achievement member countries across Africa. The student team contestants comprise representative from the Kingdom of Eswatini (Swaziland), Ghana, Zambia, Gabon, Uganda, Zimbabwe, Mauritius, Botswana, Kenya and South Africa. The event is scheduled for Friday, 6 December 2019 at Alisa Hotel in Accra, Ghana. The African stage of the National Company of the Year…

Read More

Julius Berger wins 4th consecutive Top 50 Brands Nigeria Awards

Share this on WhatsAppConstruction giant, Julius Berger Nigeria PLC weekend retained its top position in Nigeria’s construction sector with a fourth consecutive award in recognition of its outstanding quality and best international standards and practice in the building and construction industry for 2019. The company bagged the same award in the 2018 event. At a well attended event with the who is who in the various industrial sectors in attendance at the Oriental Hotel, Victoria Island, Lagos weekend, Julius Nigeria emerged the winner in the building and construction sector with…

Read More

DSS frees Sowore, Bakare after 142 days

Share this on WhatsAppAfter 142 days in detention, the Department of State Services has released rights activist and presidential candidate of the African Action Congress in the February 2019 general elections, Omoyele Sowore. His co-detainee, Adebayo Bakare, was also freed. They were freed hours after Justice Ijeoma Ojukwu of the Federal High Court in Abuja had given the DSS 24-hour ultimatum to release the two men. Their lead defence counsel, Mr. Femi Falana (SAN), confirmed they were released about 7 pm on Thursday. He said “they were released about 30…

Read More

Show of bra, ancient and modern, as women of Kiribo storm Abuja for Sowore

Share this on WhatsAppA mild drama took place at a Federal High Court in Abuja as a group of half-naked women from Kiribo, the birthplace of detained activist, Omoyele Sowore, in Ese-Odo Local Government Area of Ondo State, stormed the Court to protest the continued illegal detention of their son by the Department of State Service. Most of the women numbering about 30 were decked in white wrappers and bra of different colours and shapes with no clothes covering the rest of the upper parts of their bodies. Sowore and…

Read More

Embattled Orji Kalu begs “Please don’t handcuff me. I will follow you.”

Share this on WhatsAppFormer Abia State Governor,  Orji Kalu, who was sentenced to 12 years in prison for fraud, reportedly begged prison warders not to handcuff him in public. The embattled former governor was heard asking prison warders, “where are you taking us to?” after the judge read the sentence. Kalu, who is the Senate Chief Whip also begged the prison warders not to handcuff him in public. The former governor, who appeared shaken, begged “Where are you taking us to now? Please don’t handcuff me. I will follow you.”…

Read More

Kalu jailed 12yrs for N7.1bn fraud

Share this on WhatsAppA Federal High Court sitting in Lagos has convicted a former governor of Abia State and chairman SLOK Nig. Ltd, Orji Uzor Kalu, who was charged with N7.1bn fraud. The court found him and his co-defendants guilty of the entire 39 counts filed against them by the Economic and Financial Crimes Commission. Justice Mohammed Idris sentenced Kalu to 12 years’ imprisonment while he ordered the winding up of Kalu’s company, Slok Nigeria Limited, charged as the third defendant in the case. Share this on WhatsApp

Read More

Access Bank to reward loyal customers in N50m DiamondXtravanganza

Share this on WhatsAppIn its usual way of rewarding customers for their loyalty, Nigeria’s leading retail bank Access Bank Plc has unveiled DiamondXtravanganza – a reloaded Diamondxtra reward scheme specially packaged to reward customers this yuletide season. DiamondXtravaganza will feature three different draws; Senior citizens draw, Women’s draw and the National quarterly draw this December. According to Adaeze Umeh, Group Head, Consumer Banking, Access bank Plc, “As we approach the season of giving and receiving, we at Access Bank also want to recognise our loyal customers and reward them for…

Read More

Fidelity Bank shine at Nigerian Bankers Games

Share this on WhatsAppHow best can one describe the Nigerian Bankers Games finals football match between Fidelity Bank and United Bank for Africa yesterday? Nerve-wracking, enthralling, gruelling, entertaining, mesmerizing, ecstatic? You just can’t be wrong on any of these fronts! Simply put: The match lived up to its billing as it had everybody sitting on the edge of their seats. The Okonkwo tutored boys drew the first blood, converting from a well-taken throw-in. The lead was however short-lived as the Tony Elumelu boys benefited from a defensive mix-up to score…

Read More

Eric Osagie presents ‘The Big Interview’

Share this on WhatsAppCome Tuesday, December 10, 2019, the crème de la crème of the society will converge on the Shehu Musa Yaradua Center Abuja by10am to honour one of Nigeria’s cerebral and top-notch journalists and former Managing Director/ Editor-in-Chief of The Sun Newspaper, Mr. Eric Osagie as he launches The Big Interviews, an in-depth book on how to get the news subjects and angles that makes the headlines. The book, according to those who had a glimpse of it, is a compilation of Osagie’s big stories that will teach and inspire…

Read More

ASSO mourns as Socialite Monarch, Fatai Irawo of Odi-Olowo, joins ancestors

Share this on WhatsAppSocialite traditional ruler and former President of ASSO, Kabiyesi Oba Abdulfatai Irawo of Odi Olowo has joined his ancestors. The old-time celebrity monarch died Thursday last week and was buried the following day at his Odi Olowo palace, Mushin, Lagos. One of the social clubs he helped to establish, Association of Friends, popularly call ASSO released a statement to announce the death of one of their trustees and sent a condolence message to his family. This is the statement signed by the club’s general secretary, Otunba Bayo…

Read More

RCCG Youth Pastor to die for murder

Share this on WhatsAppA youth pastor with the Redeemed Christian Church of God (RCCG), Akolade Arowolo, has been sentenced to die by hanging for the murder of his banker wife, Titilayo. Pastor Arowolo could not hold back his pains after the court ruling, he burst into a fit of prayer. Titilayo worked with Skye bank, whilst her husband was employed. Prosecutors were able to present compelling evidence that led to the conviction of Mr Arowolo and his sentencing by Justice Lateefat Okunu of the Ikeja High Court, he was handed…

Read More

Saraki laments as EFCC move to seize Ilorin mansion

Share this on WhatsAppEx-Senate President, Bukola Saraki, is embattled as the Economic and Financial Crimes Commission had filed a fresh process in the Federal High Court, Lagos, seeking an interim order for the forfeiture of his home in Ilorin, Kwara State. According to a statement by his media aide, Yusuph Olaniyonu, he said, “Just like the previous one, which  the anti-graft agency made by filing a similar order  in the same court on Saraki’s Ikoyi House, it is a clear abuse of the court process.” He maintained that the action of…

Read More

Lagos-Ibadan expressway accident claims 5 lives, 9 injured

Share this on WhatsAppThe Federal Road Safety Corps, Ogun State Command, on Sunday confirmed the accident along Lagos-Ibadan Expressway, which claimed the lives of five persons and injured nine others. Mr Clement Oladele, the FRSC Sector Commander in the state, told the News Agency of Nigeria in Ota, Ogun, that the accident occurred at 9.10 p.m. around Danco Petrol Station, near Sagamu, on Saturday. Oladele blamed the lone accident, which involved a white Toyota Hiace bus, with registration number LSR 642XB, on speed violation. He said that 14 persons, 10 males and…

Read More

How Diezani bribed Dominican Prime Minister with $2.2m property in exchange for diplomatic passport

Share this on WhatsAppInternational news network, Al Jazeera has revealed how Nigeria’s former Petroleum Minister, Diezani Alisson Maduekwe bribed her way into getting a Commonwealth of Dominica diplomatic passport after gifting the Prime Minister of the Caribbean country, Roosevelt Skerrit, a $2.2m property in upscale Manhattan, New York. According to the story as told in ‘Diplomats for sale’ a documentary that aired on Al Jazeera,  ‘towards the end of former President Goodluck Jonathan’s administration, former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, was appointed Commissioner for Trade and Investment by…

Read More

Zahra, PMB’s daughter, supports social media regulation bill, laments over cyberbullying

Share this on WhatsAppPresident Muhammadu Buhari’s daughter, Zahra Indimi, has lamented that many Nigerians attack her on social media for decisions solely taken by her father. She said she prays for those who bully her online because she has learnt to move on with life. Zahra made the statement at the first edition of “An Afternoon with Zahra”, an event organised in Abuja by her foundation, ZMB Homes, tagged #ConversationWithZahra, The Interview reports. The event, which cost N10,000 per person, attracted several young persons. Speaking on her experience with cyber bullies and…

Read More

Oyebade, a fulfilled General, retires from the army

Share this on WhatsAppMajor General Adeniyi Oyebade, the 28th Commandant of the Nigerian Defence Academy (NDA) and one time General Officer Commanding of 1 Mechanised Division of Nigerian Army, Kaduna,  has retired from the Nigerian Army.The respected senior army officer was honoured with a colourful pull out parade which was attended by high ranking retired and serving military officers, captains of industry, the academia, officers, staff and cadets of the NDA community.  Speaking during the pulling out parade held at the NDA parade ground Afaka, Major General Oyebade attributed his…

Read More

Why Supreme Court dethroned Eleruwa

Share this on WhatsAppThe Supreme court on Friday dethroned a first-class monarch in Oyo State, the Eleruwa of Eruwa, Oba Samuel Adegbola. It would be recalled that Adegbola had in 2013 lost a 15-year battle to retain his throne at the Court of Appeal sitting in Ibadan. The monarch and six others brought a suit against Mr James Olatunde Idowu and four others following a judgment delivered by Justice Ladipo Abimbola of the State High Court on January 26, 2011, that the current Eleruwa was wrongly picked for the throne.…

Read More

Access Bank names Dere Awosika as new chairman

Share this on WhatsAppDr Ajoritsedere Awosika has been named as the new Chairman of Access Bank Plc by the Board of Directors of the bank. The bank’s Company Secretary, Mr Sunday Ekwochi, said in a statement on Tuesday in Lagos that Awosika would assume the position of the company’s Board Chairman on Jan. 8, 2020. Ekwochi said that Awosika’s appointment was apt to lead the board in the next phase of the bank’s transformation into becoming Africa’s Gateway to the World. According to the statement, Awosika will take over from…

Read More

Economy In Q3 2019: Ecobank, Standard Chartered lead in capital importation to Nigeria

Share this on WhatsAppNational Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals. Details of the Bureau report showed that out of 26 banks foreign investors used to deploy foreign capital into the country, the most investment came through Stanbic IBTC Bank. The bank attracted $1.63 billion worth of investment in the third quarter of this year, lower than $1.76 billion it had in the previous quarter. Ecobank followed with $754.38…

Read More

How a single phone call caused Ajegunle shop gas explosion that killed 6, injured several others

Share this on WhatsAppEye witnesses said the fire started like a movie scene. A gas vendor at Aduke Street, Off Ojo Road, Ajegunle in Ifelodun Local Council Development Area (LCDA) of Lagos was filling a cylinder for a customer. A call came in and someone close by tried to receive the phone call and there was a blast! By the time the coast was clear, six persons, including two kids, died; several shops have been razed. Property worth millions of Naira lost, and fifty-two persons with severe burns on their…

Read More

How FirstBank FINTECH Summit is contributing to bridge Nigeria’s financial inclusion, By Bala Augie

Share this on WhatsAppAs financial solution providers continue to face stiffer competition globally from Fintech startups and emerging technologies such as blockchain, cryptocurrency and crowdfunding, and the increasing level of disruption in the traditional mode of payment and business models, technology holds the key to unlock the potentials in the financial service sector across Africa through Fintech. As the banking sector continues to find newer ways of engaging and providing customer centric services to bridge the current level of unbanked and under banked population to achieve Nigeria’s 2020 financial inclusion…

Read More

Ogun cholera outbreak records 5 deaths out of 12 cases

Share this on WhatsAppThe death toll as a result of a cholera outbreak in Abeokuta, Ogun State capital, has risen to five and it includes a four-month-old baby and 33-year-old pregnant woman. The Permanent Secretary, Ministry of Health in Ogun State, Dr Ayinde Akinsanya disclosed this on Friday, during a press briefing in Abeokuta. Akinsanya said so far, the number of the reported cases has risen to 12 and five persons have died. It was reported that four persons in Abule-Otun in the Abeokuta North Local Government Area of the…

Read More

Ogun Police arrest ‘traffic robber’ on Lagos-Ibadan Expressway

Share this on WhatsAppThe Ogun State Police Command on Thursday said it has arrested a suspected member of a robbery syndicate, Blessing Adedeji, while trying to rob commuters on the Lagos-Ibadan Expressway. The Police Public Relations Officer in the state, Abimbola Oyeyemi, in a statement on Thursday said the suspect was sighted by the policemen in the gridlock while attacking the occupants of a Toyota Camry car with a knife. Oyeyemi added that the suspect had succeeded in dispossessing one Monsurat Ologundudu of her Techno Camon-12 phone valued at N48,000…

Read More

Lagos Police Command arrest cops who abducted, collected N185k ransom from fashion designer

Share this on WhatsAppThe Lagos State Police Command said on Wednesday that it had arrested the cops, who abducted a fashion designer, Joseph Ejiro, and recovered the N185,000 extorted from him. PUNCH Metro had reported how Ejiro was allegedly abducted by the policemen attached to the Festac Police Post and made to pay a ransom of N185,000 before he was released. Ejiro had gone to make a delivery to his client in Festac on November 21, when he was accosted around the Second Rainbow junction by one of the cops, who…

Read More

Man accuses wife of sleeping with his junior brother

Share this on WhatsAppAn Ibadan-based businessman, Mr Saheed, on Wednesday told a Mapo Customary Court in Ibadan that his wife, Kafayat, was caught at different times sleeping with his younger brother. He said that the alleged romance with his brother had caused disharmony in his extended family. Saheed made the allegation while responding to a divorce suit filed by his wife before the court presided over by Chief Ademola Odunade. He said that he had doubts that the two children produced by his wife belonged to him. “The real reason…

Read More

Air Peace boss, Onyema disowns Abuja lawyer’s suit

Share this on WhatsAppThe Chief Executive Officer of Air Peace, Allen Onyema, has distanced himself from a human rights suit that was filed at the Federal High Court in Abuja. Onyema’s lawyers, A.O Alegeh & Co, in a statement issued on Wednesday, said that the suit no. FHC/ABJ/CS/1446/2019 filed before a federal high court in Abuja by one Mr Johnmary Jideobi was instituted without the consent of their client. Part of the statement read, “The attention of our client, Allen Onyema has been drawn to news reports now trending in…

Read More

DBN holds workshop for Executives of Microfinance Banks

Share this on WhatsAppThe Development Bank of Nigeria as part of its advocacy initiative has held a capacity-building programme on Environmental & Social Risk Management practice for top executives of Microfinance Banks recently in Lagos. Giving his opening remarks, the Managing Director, Development Bank of Nigeria, Tony Okpanachi represented by the Chief Operating Officer, Bonaventure Okhaimo, said “in fulfilling our mandate of increasing access, Development Bank of Nigeria Plc is poised to not only be change drivers but be a strong ally partnering with participating financing institutions to drive sustainable…

Read More

Disaster averted as Abuja bound British Airways flight returns to Heathrow after losing engine mid-air

Share this on WhatsAppA British Airways flight heading to Abuja from London on Tuesday returned to Heathrow Airport after the plane lost one of its engines mid-air. The airline confirmed that BA 083 flight returned to Heathrow and was met by the emergency services as a precaution measure after what it called “a minor technical issue.” In a mail sent to THISDAY, the airline said, “For your information, the aircraft experienced a minor technical issue and our pilots elected to return to Heathrow. In terms of the emergency services meeting the aircraft,…

Read More

How unknown gunmen kidnapped Abuja King

Share this on WhatsAppSome yet-to-be-identified gunmen have kidnapped Ibrahim Pada, a third-class traditional ruler of Rubochi in Kuje Area Council of the Federal Capital Territory. The Divisional Police Officer of Rubochi, SP Michael Ada, who confirmed the incident on Wednesday, said the traditional ruler was abducted at his residence on Tuesday. “We received information that gunmen at midnight stormed the residence of the chief of Rubochi and took him to an unknown destination,” he said. He said on receiving the information, the command immediately formed a search-and-rescue team which is…

Read More

How Banire, AMCON boss, ran into trouble over Yahoo boy’s case

Share this on WhatsAppMuiz Banire (SAN), who is chairman of Asset Management Corporation of Nigeria is in trouble for actively representing and defending a suspected yahoo boy standing trial in court for alleged 419 offences while still serving as Chairman of the Asset Management Corporation of Nigeria, a development described by some as unethical. The Economic and Financial Crimes Commission had on November 4, 2019, arraigned one Samusideen Sarumi, owner of 606 Autos Limited, 606 Music Limited and Splash Off Entertainment Limited, before Justice Chuka Obiozor of the Federal High…

Read More

NFF cautions Rohr over incessant contract breaches

Share this on WhatsAppThe Nigeria Football Federation says it has asked Super Eagles’ Technical Adviser, Mr. Gernot Rohr to explain reasons behind several breaches of the contract that he signed with the body, which forbids him to divulge to the public/media information on some aspects of the contract. Speaking in Abuja on Wednesday, NFF’s Technical Director, Mr. Bitrus Bewarang said Mr. Rohr’s new-found love for disclosing information beyond technical matters to the media is highly unprofessional and against the spirit and letter of his contractual relationship with the football –ruling…

Read More

$1m Scam: Prison boss, Doctor arrested by EFCC over fake medical report

Share this on WhatsAppThe Economic and Financial Crimes Commission has arrested the Deputy Controller of Kirikiri maximum correctional centre, Emmanuel Oluwaniyi and Hemeson Edwin, also a DC, for allegedly procuring an exaggerated medical report for a suspected cyber scammer, Olusegun Aroke. Aroke, who is serving a 24-year jail term was allegedly given a referral for treatment outside the facility during which he pulled a $1 million scam. The convict is one of two Malaysia-based Nigerian undergraduate fraudsters arrested by the EFCC in 2012 at the 1004 Housing Estate, Victoria Island,…

Read More

Gbajabiamila promises to prioritize education

Share this on WhatsApp The Speaker of the House of Representatives, Rep. Femi Gbajabiamila on Sunday in Lagos warned students to avoid regrets in the future by staying away from hard drugs and truancy in school.According to Gbajabiamila, who spoke during a Health and Education initiative for students in Surulere 1 Federal Constituency, organized by some of his Aides and other professionals under the aegis of the Gbaja Professional Volunteer Network (GPVN), the need to take education seriously cannot be overemphasized. The initiative, which is a continuous exercise designed to go…

Read More

Heritage Bank empowers 2000 female entrepreneurs via financial inclusivity initiatives

Share this on WhatsAppTaking into consideration the importance of Micro, Small and Medium Enterprises (MSMEs) to the economy, Heritage Bank Plc has continued to structure financial inclusivity initiatives in empowering over 2000 female entrepreneurs towards economic enablement and self-realization. This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage Bank Plc is partnering with a Non-Governmental Organization, Prime Women Builders Foundation of Nigeria (PWOBFON) in providing skills training to the female entrepreneurs. At the graduation ceremony/ certificate award ceremony held at  Ikeja Local…

Read More

Shareholders set to dump Forte Oil for new name

Share this on WhatsAppForte Oil Plc on Monday notified its shareholders of plans for a name change to Ardova Plc. The company stated this in a notice of Extra General Meeting posted on the Nigerian Stock Exchange website and signed by Oladeinde Nelson-Cole, the Acting Company Secretary. The company would be seeking shareholders’ resolution for a name change at an EGM slated for December 17. Nelson-Cole said its directors at the meeting would be empowered to authorise, approve, sign or execute all documents and appoint advisers regarding the matter, where…

Read More

Sanwo-Olu vows to tackle trailer menace in Lagos

Share this on WhatsAppThe Lagos State Government says it plans to restrict the movement of heavy-duty trucks in the metropolis during the day so as to ease traffic on the roads. Lagos State Governor, Babajide Sanwo-Olu, made this known on Monday at the Lagos House, Ikeja, when a team from the Nigerian Breweries Plc paid him a courtesy visit. Sanwo-Olu said that the government had been pushing the trailers off that whole corridor of Iganmu area to ensure that the journey towards Apapa continued to remain free. He said that…

Read More

Maina gets N1bn bail

Share this on WhatsAppThe Federal High Court, Abuja, on Monday admitted Abdulrasheed Maina, former Chairman, defunct Pension Reform Task Team, to a bail in the sum of N1bn. Justice Okon Abang who gave the ruling also ordered that Maina must produce two sureties who must be serving senators. The two lawmakers, according to the judge, must not be standing any criminal trial in any court in the country. He also ruled that the two sureties, who must be prepared for a N500m bond each, must always be in court with…

Read More

FirstBank Powers Linda Ikeji TV for First Class Material

Share this on WhatsAppFirst Bank of Nigeria Limited has announced its partnership with Linda Ikeji TV for the broadcast of the TV show, First Class Material. The show is billed to premiere on all FirstBank and Linda Ikeji TV platforms across the web and social media on Tuesday 26th November at 8am and reposted at 7pm same evening- Nigerian time First Class Material is a programme which aims to chronicle the success stories of Nigerians who are distinct and exemplary in their achievements and importantly, a testament to the greatness of the…

Read More

“Its all lies! I didn’t do it” – Air Peace boss, Onyema reacts to US fraud story

Share this on WhatsAppThe Chairman/CEO of Air Peace,  Allen Onyema has denied allegations of bank and money laundering levelled against him by the United State Justice Department. The US Attorney’s Office in the Northern District of Georgia had in a charge accused Onyema of money laundering “for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes.” According to the US Department of Justice statement released on Friday, Onyema’s Chief of Administration and Finance, Ejiroghene Eghagha,…

Read More

Air Peace owner, Onyema accused of fraud and money laundering

Share this on WhatsAppWeeks after he was hailed as a national hero for evacuating hundreds of Nigerians caught in xenophobic cross-fire,  Allen Onyema, the CEO and founder of Air Peace, a Nigerian airline, plying local and international routes is currently entangled in a web of bank fraud and money laundering to the tune of about $20m. The Nigerian airline owner was accused of moving more than $20 million from Nigeria through US bank accounts in a scheme involving “false documents” based on the purchase of aeroplanes. Onyema was indicted alongside…

Read More

Meet Super Eagles’ top 10 earners in Europe

Share this on WhatsAppLeicester City’s Wilfred Ndidi is the highest-paid Super Eagles player in Europe this season, Sports Extra reports. The 22-year-old, who joined the Foxes from Genk for £17m in 2016, earns £3.9m per annum, (approximately £75,000 a week) according to a study by Spotrac. Ndidi, barring any last-minute hitch, will play his 100th game for Leicester City in Saturday’s clash against Brighton & Hove Albion at the King Power Stadium. He is also the fifth highest earner at Leicester behind Jamie Vardy (£7.28m), Kasper Schmeichel (£6.76m), Johnny Evans (£4.16m) and…

Read More