Day: 18 December 2019

Buhari @ 77: Don’t use my name to canvass for votes in 2023

Benjamin Chukwudaalu, Political Reporter

President Muhammadu Buhari has warned those interested in seeking elective posts in 2023 to work hard as he will not allow anyone to use his name to canvass for votes while also assuring Nigerians that he will superintend over free, fair and credible elections in 2023. The president gave the assurance on Tuesday when some of his aides and staff of the State House and the Secretary to the Government of the Federation, SGF, Boss Mustapha presented to him a birthday card to commemorate his 77th birthday anniversary at the…

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N1bn suit: Pinnacle asks court to dismiss ICPC objection

Benjamin Chukwudaalu, Political Reporter

Pinnacle Communications Ltd (PCL) has asked the Federal High Court Abuja to dismiss a preliminary objection filed by the Independent Corrupt Practices and other related offences Commission (ICPC), challenging a suit it instituted against the anti-graft agency and Zenith bank PLC. PCL had in July 2018, dragged ICPC and Zenith bank to court for unlawfully withholding its money domicile in the bank without a valid court order, and consequently, is claiming N1billion against the agency as damages. At a resumed hearing on Wednesday, following the adoption of ICPC’s preliminary objection…

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UBA emerges African Bank of the Year

Jasmin Ekua, Banking & Finance

The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”. This is the second time, UBA has clinched the prestigious award, having been named Best African Bank of 2017 by The Banker magazine. This year, UBA also won best bank category in 6 of its subsidiaries: UBA Benin, UBA Tchad, UBA Gabon, UBA Congo, UBA Cote D’Ivoire and UBA Sierra Leone. The unprecedented win marks the first time ever in the history of the banker…

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UniAbuja sacks randy Prof, others over sex-for-mark, fake academic records

Wura Kelani, Crime Reporter

The University of Abuja (UniAbuja) has dismissed a professor and former dean of the Faculty of Agriculture, Adeniji Adedayo Abiodun for sexually harassing a student.UniAbuja’s head of information and university relations, Habib Yakoob, said the Senate of the institution also approved the dismissal of Professor Agaptus Buzo – Chibuzo Orji of the Department of Science and Environmental Education, Faculty of Education, University of Abuja, for falsification of academic records, aiding and abetting of examination malpractice. According to him, “the university council had at its 85th Regular Meeting held on Wednesday,…

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Somefun, Unity Bank’s boss in trouble for contempt of court

Jasmin Ekua, Banking & Finance

The National Industrial Court of Nigeria (NICN) has been asked to commence committal proceedings against the Managing Director/Chief Executive Officer (CEO) of Unity Bank Plc, Mrs. Oluwatomi Somefun, and commit her to prison for allegedly flouting orders made by the court. The request formed the relief in a motion filed by 25 ex-staff of the bank in whose favour the Lagos division of the NICN had given a monetary judgment on July 3, 2019. The ex-staff, led by John Adeola Taiwo, stated, in the motion filed on December 2, 2019,…

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