Breaking: Court adjourns Nnamdi Kanu’s trial till October 21

The trial of the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, resumed at the Federal High Court Abuja on Monday without Kanu’s presence in court. When the matter was called up, the prosecution counsel, M. B. Abubakar, informed the court that the matter was slated for hearing and that they were ready to continue. Nnamdi Kanu’s lawyer, Ifeanyi Ejiofor, informed the court that there was a pending application before the court to transfer Kanu from the custody of the DSS to the correctional centre. Justice Binta Nyako…

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Heritage Bank hailed for supporting Ibadan Golf Club

Heritage Bank Plc has been commended for its continued supports to Nigeria’s sports’ sector, especially backing the Ibadan Golf Club’s 30th anniversary event.  The event that attracted dignitaries and stakeholders from various parastatals also had the presence of the Governor of Oyo State, Engr. Oluseyi Makinde and over 150 golfers who participated in the tournament during the weeklong celebration.  In a speech during the grand finale of the 30th anniversary of the club, the Captain of the Ibadan Golf Club, Oladiran Ibironke commended one of Nigeria’s most vibrant financial institutions, Heritage…

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Guaranty Trust Annual Autism Conference Holds August 3-4 at Muson Centre, Lagos

Guaranty Trust Annual Autism Conference Holds August 3-4 at Muson Centre, Lagos The eleventh edition of the Guaranty Trust Annual Conference will hold on Tuesday and Wednesday, August 3 and 4, at the Muson Center, Lagos. Themed, “Life Beyond the Diagnosis,” the conference will feature in-depth conversations on supporting people living with autism facilitated by medical experts and specialists from around the world. Guaranty Trust has been at the forefront of the advocacy for children and adults living with autism. Its Annual Autism Conference is the major rallying point for…

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HOW N10M WINNER WILL EMERGE FROM FIRST BANK SPONSORED THE VOICE NIGERIA 3

…As The Voice Nigeria Season 3 Enters Final Stage. By Bolaji Israel UN1TY Limited and Livespot360, producers of the global talents reality series, have emphasised that public voting has become very crucial at this stage to keep vocalists fighting for the grand prize on the voice Nigeria 3 series, sponsored by FirstBank, Baba Ijebu and Airtel. To keep their favourite vocalists on the show, viewers have to dial 8947*talent’s code#. The voting code of your preferred contestant to win the competition is in the embedded Instagram post below: The International talents reality…

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Fidelity Bank MD’s Visit to Lord’s Chosen Charismatic Revival Church

The Executive Management of Fidelity Bank Plc, led by Managing Director/CEO, Mrs. Nneka Onyeali-Ikpe recently paid a courtesy visit on the General Overseer, Lord’s Chosen Charismatic Revival Church, Pastor Lazarus Muoka. Specifically, the visit was to foster good working relationship with the Church and find ways of serving the church and its members better. The MD who was accompanied by the Executive Director, Lagos and South West, Fidelity Bank Plc, Dr. Ken Opara were warmly received by Pastor Muoka and his wife, Pastor (Mrs.) Joy Muoka. Below is the event…

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FirstBank Celebrates 2021 Corporate Responsibility and Sustainability Week, Calls for All to Adopt Kindness as a Way of Life

The best definition of kindness is not one provided by any of the world’s best dictionaries but one demonstrated by how we treat others on a daily basis. Kindness is a universal language that does not require any special knowledge, exposure, skills, training or background to understand and appreciate it as a beneficiary or observer of a kind act. Neither is any special knowledge or training required to show and extend it to others. Just as anyone and everyone can be shown acts of kindness, all persons without exception can…

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RC Akowonjo to build Nmulti projects in Alimosho

As the new Rotary year begins, Rotary Club of Akowonjo has promised not to relent on its oars in community development by providing multi-million naira modern day borehole water facilities to communities within Akowonjo and the renovation of dilapidated classroom structures at the State Senior High School Alimosho, in the Alimosho Local Government area of Lagos State as its priority projects for the Rotary year 2021/2022. Speaking at the Presidential Handover Ceremony and Awards Night which took place recently at the Lagos Airport Hotel, Ikeja amidst pomp and pageantry, witnessed…

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Gallant pilot escapes as bandits down NAF fighter jet

The Nigerian Air Force (NAF) has confirmed that it lost a fighter jet Sunday afternoon but revealed how one of its pilots survived the air crash after an attack by bandits on the boundaries of Zamfara and Kaduna State. National Infinity had reported a missing military aircraft “somewhere in Kaduna” yesterday but military authorities did not confirm the mishap. In a statement signed on Monday by Director of Public Relations and Information, Air Commodore Edward Gabkwet, the pilot identified as Flight Lieutenant Abayomi Dairo survived after he successfully ejected from…

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Sunday Igboho arrested in Cotonou, to be repatriated to Abuja today

Sunday Adeyemo also known as Sunday Igboho, Yoruba Nation agitator has been arrested in Cotonou, Benin Republic and will be repatriated to Nigeria today. He was arrested at an airport in Cotonou on Monday night, a top source familiar with the matter told our correspondent. The Punch reports. Igboho was arrested by the security forces in the Benin Republic about three weeks after the Department of State Services declared him wanted for allegedly stockpiling arms, an allegation he has since denied. “He was arrested in Cotonou while he tried to…

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As another construction worker dies on site, Lekki Gardens’ Richard Nyong changes company name to avert multiple litigations litigations

Richard Nyong, the embattled chief executive officer of Lekki Gardens Estate Limited, is in the news again for the wrong reason. This much we gathered as leading commercial lawyer and chairperson of Osborne Foreshore Residents Association (OSFRA), Lagos, Mrs. Chinwe Ezenwa-Mbah has accused Nyong and his company, Lekki Gardens, a property company in Lagos, of negligence following the death of a worker at its construction site within the estate, saying it was not the first time such a tragedy would be occurring in their buildings. According to The Punch, a construction worker, Steven Magilo,reportedly…

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Relief as Chinese company emitting deadly smoke relocates from Orimerunmu

Having being denied the right to fresh, crisp air for three years, residents of Orimerunmu community in Ibafo, Ifo Obafemi-Owode Local Government Area of Ogun State, no longer fear for their lives, as Yoyo Resources Recycling Limited Company owned by a Chinese, which polluted the environment with toxic carbon dust, has finally relocated. The development followed PUNCH Healthwise report that drew attention to the plight of the community, which had been under the strangulating grip of the company’s activities. In the story published on Sunday, April 18, 2021, with the headline, “We…

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Why Obi Cubana is my friend –Abba Kyari

DCP Abba Kyari, Commander of the Inspector-General of Police’s Intelligence Response Team, has given reasons why Obinna Iyiegbu popularly known as Obi Cubana is his friend. Kyari in a post on his Facebook page described Obi Cubana as one of the most hardworking entrepreneurs he knows. Kyari said this while giving reasons for attending Obi Cubana’s mother’s burial which was held at Oba in Idemili North Local Government of Anambra State. The event, which was attended by businessmen, politicians, musicians, and actors stirred reactions online after Abba Kyari was spotted…

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Another plane crashes in Kaduna

A Nigerian military aircraft has reportedly gone down. The location was given as “somewhere in Kaduna State”. A source told DAILY POST that the crashed plane is an Alpha jet. “The fighter jet left Yola, the Adamawa capital, this morning to go clear bandits”, the informant added. Nigerian Air Force spokesman, Air Commodore Edward Gabwet, could not be reached as at press time. Mohammad Abdulkadri, Special Assistant to the Defence Minister did not take calls. The military has recorded a number of crashes in 2021 alone. In May, an air…

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FCC chairman battles alleged fraud, certificate forgery

The Executive Chairman, Federal Character Commission, Dr. Muheeba Farida Dankaka is currently running from pillar to post to ensure she’s not relieved of her job. This is becuase investigations have commenced in earnest into the allegations of fraud levelled against her. It would be recalled that members of the Federal Character Commission (FCC) levelled allegations of corrupt practices, abuse of office, subversion of the provisions of the 1999 Constitution (as amended), FCC (Establishment Act), rules for plenary 2015, and illegal arrogation of powers against her. The members known as Concerned Commissioners forwarded…

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‘After 27yrs romance, see what Mike Adenuga is doing to me’ – ex-lover, Nora Johnson laments

Society lady and ex-confidential secretary also described as a mistress to Dr. Mike Adenuga, Nora Olumide Johnson, has raised the alarm over her current ordeals in the hands of her billionaire ex-lover and Globacom owner. Johnson, a Sierra Leone national is currently standing trial for fraudulent practice bordering on alleged diversion of a total sum of $350,000, property of Worldspan Holdings, a company belonging to Adenuga, which she was directed to transfer to Conoil Oil account but allegedly diverted it to different accounts in China for self-benefit. The lady is…

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Between ‘over the bar’ prophesies and unclear visions

By Femi Adesina There he goes again. Troublemaker. He wants to abuse our prophets, the vessels of God Almighty. Not so. Let me state from the beginning that I believe in prophecies and prophets. Good, sincere, genuine ones. “Believe in the Lord your God, so shall you be established. Believe His prophets, so shall you prosper,” says the Good Book in 2 Chronicles 20:20. But when prophets play to the gallery, claim God has said, when God has said nothing, then they expose themselves to ridicule. From such, run away.…

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Twist in Ataga’s murder tales as Chidinma recants

Barely three weeks after confessing to killing the Chief Executive Officer of Super TV, Michael Ataga, the suspect, 21-year-old Chidinma Ojukwu, a supposed 300-level Mass Communication student of the University of Lagos, has recanted her earlier statement.   To the bewilderment of all, Chidinma, who has been in the custody of the Lagos State Police Command, said she lied about stabbing Ataga because nobody would believe her since she was the only person who was with him. She also said what made her feel responsible for his death was because she…

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Positioned for Growth: Guaranty Trust Bank completes corporate reorganization

Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company.   The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well…

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NGX Welcomes Guaranty Trust Holding Company Plc with closing gong ceremony

The Nigerian Exchange (NGX) Limited, on Tuesday, July 13, marked the listing of Guaranty Trust Holding Company Plc’s (“GTCO Plc”) shares with a Closing Gong Ceremony on the main floor of the exchange. This follows the completion of all regulatory requirements for the corporate reorganization of the leading financial institution into a holding company structure and the listing of GTCO Plc, on the Nigerian Exchange (NGX) Limited and the London Stock Exchange, replacing Guaranty Trust Bank Plc. Guaranty Trust was first listed on the Nigerian Exchange in 1997, winning the…

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Eight contestants up for votes as FirstBank sponsored The Voice Nigeria Season 3 holds 2nd live show

BY ISRAEL BOLAJI Eight contestants survived the heat and are up for viewers’ votes as The Voice Nigeria, Season 3, held its second live show over the weekend. This followed energetic performances of various songs and display of raw talents by vocalists in a bid to outdo one other as the world class talents reality series glitters to the grand finale. To keep your favourite contestants on the show, viewers have to vote by dialing *894*7*talent’s code#.  Full details of the voting code of all contestants can be gotten in…

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Onalaja assures of timely completion of 2021/22 Star Project

The Change Maker President, Rotary Club of Maryland, Rotarian Bamidele Onalaja has given assurances that the Amuwo Odofin Child and Maternal Health Centre being built in Amuwo by Rotary Club of Maryland will be completed in a record time. Onalaja spoke in Amuwo on Friday, July 9 2021, at the groundbreaking ceremony of the Child and Maternal Health Centre which is the club’s star project for the 2021/22 Rotary Year. The Amuwo Odofin Child and Maternal Health Centre is estimated to gulp about N70m and when completed, the ultra-modern and…

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NED NWOKO’S 20YEAR-OLD SON, MALIK BAGS FIRST CLASS FROM SURREY UNIVERSITY, ENGLAND

Billionaire lawyer cum Antarctica explorer, Prince Ned Nwoko is a joyous man at the moment. It will not be out of place to say that Prince Ned who is fondly called The Prince of Hope by his admirers on account of his philanthropy is ecstatic and his joy is thickset like an almond tree, whose boughs are bent and twisted with luscious fruit. This is because his 20 years old son, Malik made a first class in Finance from top rated, University of Surrey, England. (A feat that’s uncommon in…

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Baron flees as NDLEA intercepts N6.5bn heroin

The National Drug Law Enforcement Agency (NDLEA) has intercepted a consignment of 26.15 kilogrammes of heroin with a street value of over N6.5billion at Murtala Mohammed International Airport, MMIA, Ikeja Lagos. NDLEA Director, Media and Advocacy, Mr Femi Babafemi, disclosed this in a statement on Sunday in Abuja. Babafemi said that the seizure was made at the Skyway Aviation Handling Company Plc (SAHCO) shed of the Lagos airport. According to him, the illicit drug had arrived Lagos in 25 parcels from South Africa through an Air Peace Airline flight on…

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Onyeali-Ikpe’s Seven Point Agenda: Building a future-ready Fidelity Bank

John C. Maxwell, an American author and speaker, is a widely acknowledged thought leader. Maxwell asserts in one of his most famous quotes, which encapsulates the true essence of leadership, “The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails”. Fidelity Bank CEO, Mrs. Nneka Onyeali-Ikpe is leading the financial institution through a significant evolution of business culture with the primary objective of improving operational efficiency and expanding market share. Mrs. Onyeali-Ikpe is adjusting “the sails” to ensure that her colleagues at Fidelity…

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TB Joshua’s body arrives church for viewing

Late Temitope Balogun Joshua, popularly known as T. B. Joshua, the founder of the Synagogue Church of All Nations body has arrived the Ikotun headquarters of his church in Lagos for the lying-in-state service. The white casket bearing the remains of the man often referred to as the man in the Synagogue was conveyed in a black Mecedez Benz hearse owned by TOS undertakers. The celebrated cleric died on Saturday 5th of June 2021, in Lagos, shortly after concluding a programme at his church. Born on June 12, 1963, Prophet T.…

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How to vote on FirstBank-sponsored The Voice Nigeria Season 3

By Bolaji Israel UN1TY Limited and Livespot360, producers of The Voice Nigeria Season 3 have explained how to vote on the voice Nigeria season 3, sponsored by First Bank, Baba Ijebu and Airtel. The International talents reality series designed to discover and harness music talents in Nigeria is in its third season in Nigeria.  Only 12 made it to the live shows, having passed through Auditions, Blinds, Knockout and Battles stages out of the numerous talents who have featured on the world-class show.  The four celebrity coaches cum judges including Darey,…

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Fidelity Bank denies media report on ex-CEO

Our attention has been drawn to false information posted on some online platforms alleging that the Board of Directors of Fidelity Bank Plc has approved a probe of our former Managing Director/CEO, Mr. Nnamdi Okonkwo. The story is entirely false, malicious and should be discountenanced Mr.  Okonkwo served the bank meritoriously as Managing Director and Chief Executive Officer between 2014 and 2020 and led his team to achieve impressive results. For the avoidance of doubt, the Board of Directors continues to hold Mr. Okonkwo in high esteem and wish him…

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Joy To The World: RC Omole Golden donates neonatal facility to LASG

In an effort to reduce deaths of newborn babies, the Rotary Club of Omole Golden last week handed over a brand new Neonatal Building at the Ifako-Ijaiye General Hospital to the Lagos State Government. The neonatal facility was built and would be equipped by Rotary Club with incubators and Phototherapy machines among other medical equipment strictly use in the care of preterm and full-term babies. Speaking during the commissioning, the Club President, Hassan Alih Ogwu said the building was aimed at reducing neonatal deaths in the hospital as well as…

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Just Now: Remi Bello installed D9110’s 41st District Governor

Rtn Aderemi Ismala Bello has just been installed as the 41st District Governor of of Rotary District 9110. At an impressive ceremony holding at D’ Podium event centre, Ikeja, doyen of Rotary, Prince Julius Adelusi Adeluyi led other distinguished Rotarians and Past District Governors including Oba Rtn. Adedotun Aremu Gbadebo, Alake of Egbaland, 3 other District Governors present as well as well a past Vice President of RI rested the collarette on Rtn. Bello’s neck at 1.52pm. More follows…

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Soldiers arrest ISWAP operative in Ogun State

Military onslaught against bandits and insurgents in the country may have yielded breakthrough as troops of Operation AWATSE has arrested a suspected member of Islamic State of West Africa Province (ISWAP) around Sango-Ota area of Ogun State. Briefing newsmen on Defence Military Operations (DMO) across the country, Acting Director of DMO, Brig.-Gen. Bernard Onyeuko, said that operational activities within the past weeks involved sustained routine patrols to forestall activities of vandals on Nigerian National Petroleum Corporation (NNPC) pipelines at Gaun, Akute, Wawa 1 and 2 and Mabgero areas. According to…

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Unity Bank empowers NYSC members with N30m

Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps  (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge. The sum includes N4 million won by beneficiaries on four separate editions across four states and N10 million won by beneficiaries across the ten states in the latest edition. The Corpreneurship Challenge, specially designed to targets corps members has produced no fewer than 48 winners across 14 NYSC camps in 13 States and the Federal Capital Territory since…

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Fidelity Bank receives Allied Food & Confectionery Services executives

Fidelity Bank, as a purpose-driven financial institution, makes concerted efforts to forge alliances with forward-thinking companies, working together to grow the Nigerian economy. Just recently, EXCO members of the Bank led by Managing Director/CEO, Mrs. Nneka Onyeali-Ikpe received  Mr. Antoine Zammarieh, Managing Director, Allied Food & Confectionery Services Limited (Franchisee of Burger King in Nigeria), who paid a courtesy visit to the bank. The purpose of Allied Food & Confectionery Services visit was to strengthen client relationship management with a view to creating long-term value. Allied Food and Confectionary Services had recently announced plans to launch…

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Yes, we raided Sunday Igboho’s house -DSS confirms

Parade suspects, list arms and ammunition recovered The Department of State Services has confirmed the Thursday morning raid on the Ibadan residence of Yoruba rights activist, Sunday Adeyemo, also known as Sunday Igboho. The secret police also confirmed that some of Igboho’s guards were arrested and two killed after a gun duel. DSS spokesman, Peter Afunanya, at a press briefing in Abuja on Thursday, said the secret police carried out the raid after intelligence reports revealed that Igboho stockpiled weapons in his house. The DSS, therefore, launched a manhunt for him.…

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Fresh controversy trails Adedoyin grandson’s suicide tales

There are fresh controvercies being unravelled about the circumstances surrounding the sudden death Subomi Olabayo, grandson of famous billionaire and chairman of Doyin Group of Companies, Prince Samuel Adedoyin. The 28-year-old Subomi is the son of Lola Olabayo, a daughter of Prince Adedoyin and Managing Director of Royals Fast Food, Ilorin reportedly committed suicide recently. The body of Subomi was reportedly discovered around 5 pm in the backyard of their Ilorin residence, while he was said to have left the house around 11 am of that faithful day. Sources close…

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FIRSTBANK’S SMECONNECT PLATFORM CONTINUES TO HELP BUSINESSES THRIVE.

Small Medium Enterprises are the ultimate drivers of the economy, and when they are under-utilized and not given the much-needed support to thrive, it has an overriding effect on the overall growth and development of a Nation. In a demonstration of its continuous commitment to National development, FirstBank’s ‘’SMEConnect’ continues to create an atmosphere for SMEs to build, grow and scale.  SMEConnect is FirstBank’s value proposition geared towards building the capacity of SMEs to deliver business goals and contribute even more significantly to national development. It is a digital platform through…

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Sanwo-Olu to Present Tourism Masterplan and Policy to Practitioners

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, will on Thursday, 1st of July, make a public presentation of a reviewed Tourism Master Plan and a Tourism Policy to guide the activities of the State Government and stakeholders in the sector on all tourism related activities in the State for the next couple of years. The public presentation of the reviewed Tourism Master Plan and a Tourism Policy event is supported by Sterling Bank Plc. and will hold at Adeyemi-Bero Auditorium, Alausa, Ikeja, Lagos. In a Statement Released on Monday through…

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Video: Onalaja takes over at RC Maryland

At about 9.27pm on Tuesday June 29 2021, Chris Bamidele Onalaja, President-elect, Rotary Club of Maryland, Ikeja, Lagos took over the leadership of the new generation club as its 20th President. At the well attended hand over fellowship, Onalaja, who is also the Group Chief Executive of RevolutionPlus Property Development Company, promised to continue the tradition of excellence that has earned the club a leadership position in the district. PAG Henry Akinyele, the club’s fifth president who was also the most senior past president present at the handing over fellowship…

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Remi Bello to be installed Rotary District Governor, lists star projects

As preparations for the installation of Rtn. Remi Bello FCA, a past President of Rotary Club of Ikeja South as District Governor Rotary International, District 9110 hots up, the man who will preside over about 120 clubs and its over 3,500 members has pledged to continue Rotary’s tradition of “doing good in the World.” Speaking at a press conference to herald his installation slated for Saturday July, 3, 2021, Bello, the immediate past chief executive officer of Crittall-Hope Nigeria Ltd. disclosed that the essence of the installation event is a…

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Dangote makes Nigeria 3rd highest country in urea capacity additions

 With the coming on stream of Dangote Fertiliser Limited, global urea capacity is poised to see considerable growth over the upcoming years, potentially increasing from 222.96 million tonnes per annum (mtpa) in 2020 to 305.92 mtpa in 2030, registering a total growth of 37%, according to a GlobalData report.  The 3.0 million metric tonnes of Dangote Fertiliser plant and around 88 planned and announced plants are scheduled to come online, predominantly in Asia and Africa, over the next five years.  GlobalData, which made this announcement in its Global Urea Capacity…

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Day of glory for Rotary as District Gov., Bola Oyebade builds Africa’s 1st Rotary Prostate Cancer Centre

It was a big day for Rotary in Nigeria and District 9110 in particular as District Governor, Rotary International, District 9110, Nigeria, Bola Oyebade, on, 24th of June, 2021 commissioned the newly constructed Prostate Cancer Centre at the Olabisi Onabanjo University Teaching Hospital (OOUTH) in Sagamu, Ogun State. The purposely built centre is the first in Africa to be built by any Rotary Club or District and it is the second purposely built structure by District 9110 after the Rotary Vocational Centre, Igbogbo built by PDG Ogunbadejo in 2017/18 Rotary…

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Olonisakin, Buratai get ambassadorial postings

Two former service chiefs, Gen. Abayomi Olonisakin and Lt. Gen. Yusuf Buratai have been posted to Nigeria’s missions abroad. Former Defence Chief, Gen. Abayomi Gabriel Olonisakin (retd.), was named the Head of Mission to Cameroon while ex-Chief of Army Staff, Lt. Gen. Tukur Yusufu Buratai (retd.), was posted as Ambassador to the Benin Republic. The Minister of Foreign Affairs, Geoffrey Onyeama, according to a statement by the Information Officer in the ministry, Kimiebi Ebienfa, presented letters of credence to the ex-service chiefs, during a brief ceremony in Abuja. He said,…

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120 top bank executives in trouble as EFCC insists on June 30 deadline for asset declaration

The Economic and Financial Crimes Commission has issued a final warning to over 120 managing directors and top executives of banks to submit their asset declaration forms. The anti-graft agency gave the top bankers till June ending to obey the order even as the initial deadline of June 14 has passed. The EFCC Chairman, Abdulrasheed Bawa, had initially in March given top bankers, among others, till June 1, 2021, to declare their assets in line with the Bank Employees, ETC (Declaration of Assets) Act 1986, with defaulters said to risk…

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Nigerian-British Oyelowo speaks about the shame of his life

Nigerian-British actor, David Oyelowo, has revealed that although he spent his early days in Nigeria, he can barely speak the Yoruba language. The Selma actor said that to his shame, he only understands the Yoruba language but cannot speak it. In an interview with Channels Television, the Gringo actor said due to his British accent, people often assume that he does not understand the language. Oyelowo, whose father hailed from Oyo State and his mother from Edo State, said, “I can barely speak it but I can understand it. If you were…

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Nigeria’s unity and all the Iberiberism, By Femi Adesina

Which one is Iberiberism again o? What kind of English shall we not hear in this country? Well, the word is not regular English language, neither is it my creation. The copyright belongs to former Imo State governor, Rochas Okorocha, who created something being fast accepted in English from the Igbo word, Iberibe, meaning foolery, trickery, or stupidity. It is the act of being deceitful or untrue. Okorocha engaged in neologism when he created the word Iberiberism, and used it to describe political foolery and trickery or stupidity. Let’s divert…

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Dangote Cement issues N50bn bond

Dangote Cement Plc has announced the successful issuance of it N50 billion Series 1 fixed rate senior unsecured bonds under its new N300 billion multi-instrument issuance programme, According to a statement by the company, the bond recorded participation from a wide range of investors including domestic pension funds, asset managers, insurance companies and high net-worth investors despite market headwinds. The company explained that the proceeds of the bond would be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “This bond issuance allows us to move…

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Boko Haram seek loyalty, confirms Shekau’s death

Nigeria’s Boko Haram jihadist group has confirmed the death of its chief Abubakar Shekau, who sources say died during infighting with a rival Islamic State-allied faction, according to a video message from its presumed new commander. In the short video in Arabic, top Boko Haram commander Bakura Modu, also known as Sahaba, urged his faction’s commanders to remain loyal despite the loss of their historic commander. Shekau’s death was seen a major shift in Nigeria’s conflict, though Islamic State in West Africa Province or ISWAP has recently emerged as the…

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Journalism endangered as FG moves to regulate social media

Minister of Information and Culture, Lai Mohammed, has restated the need for the country to regulate the social media. Mohammed spoke at the House of Representatives during a public hearing organised by the Hon. Odebunmi Dokun-led committee on Information, National Orientation, Ethics and Values, saying it would be in the best interest of the citizenry to monitor social media contents. The move according to observers of the media industry will lead to massive job loss as a result of anticipated shut down of several online outfits and at the same…

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Court revokes Baba Ijesa’s bail

A magistrate court sitting in Lagos state has denied Baba Ijesha, embattled Nigerian actor, bail in the ongoing trial over alleged sexual assault. The movie star was arrested and detained by the Lagos state police after he was alleged to have sexually molested a minor at 7 and 14. He was later granted bail on May 17 — after spending about 25 days in police detention — by magistrates in charge of prison decongestion. But he has remained in police custody despite the bail. During the trial on Wednesday, Kayode…

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