Otti Backs Court Order as Abia High Court Seals Globacom Offices Over ₦4bn Tax Debt

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Governor Alex Otti has defended the sealing of offices belonging to Globacom in Abia State, insisting that his administration will continue to respect and abide by court decisions. The telecommunications company’s offices were shut on Friday, February 6, 2026, following an order of the Abia State High Court over alleged non-remittance of taxes exceeding ₦4 billion to the state government between 2010 and 2022. Otti clarified the government’s position during his February media chat with journalists at the Government House in Umuahia, stressing that the action was in compliance with…

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NICA Confers Fellowship on Polaris, Union Bank CEOs, Kayode Lawal, Yetunde Oni, and Other Financial Sector Leaders

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The National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other distinguished leaders across Nigeria’s financial and corporate landscape, at an investiture ceremony held at the Muson Centre, Lagos. Also honoured at the ceremony was the Managing Director/CEO of Union Bank, Yetunde Oni, in recognition of her contributions to institutional governance and financial sector advancement. Similarly, Mrs. Olushola Momoh, Vice Chairman of Channels Television, was conferred with the Professional Fellowship in recognition of her leadership contributions…

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Presidency Denies Viral Claim of Villa Chef’s Arrest Over Alleged Plot to Poison Tinubu

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The Presidency on Sunday dismissed as false a viral video alleging that a chef attached to the Presidential Villa was arrested over a supposed plot to poison President Bola Tinubu. The video, which circulated widely on social media at the weekend, claimed that security operatives apprehended a member of the presidential kitchen staff following intelligence reports of suspicious food-related activities within restricted areas of the Villa. It further alleged that a special police squad was deployed and security tightened around the presidential premises. According to the unverified report, the arrest…

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Busola Oke: How Financial Struggles Pushed Me Into Depression

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Popular Nigerian gospel singer, Busola Oke, has opened up on her painful battle with depression and crippling financial hardship, revealing that she turned to antidepressants at the lowest point of her struggles. The Eleyele crooner made the emotional disclosure during an interview with Nollywood actress Biola Adebayo, just days after a tearful TikTok live session that sparked widespread concern among fans. Speaking candidly about her mental health, Oke admitted that the weight of her challenges became overwhelming. “I was so depressed that I started taking antidepressants. When I took them,…

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Union Bank responds to Cardoso’s remarks at MPC meeting with calm assurance

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Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of Nigeria’s (CBN) 304th Monetary Policy Committee (MPC) press briefing. The bank’s affirmation comes in the wake of Governor Olayemi Cardoso’s clarification on the regulatory framework governing institutions under intervention while speaking on the complexities and structural considerations influencing the recapitalisation timeline. According to the CBN Governor, institutions currently under regulatory oversight are subject to unique circumstances that necessitate a differentiated…

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Ex-NNPC GM Jailed 87 Months in U.S. Over $2.1M Bribe

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A U.S. court has sentenced Paulinus Okoronkwo, a Nigerian-American and former General Manager of the Nigerian National Petroleum Corporation (NNPC), to 87 months in federal prison for accepting a $2.1 million bribe from Addax Petroleum, a subsidiary of Chinese state-owned Sinopec. The United States District Court also ordered Okoronkwo to pay $923,824 in restitution to the Internal Revenue Service (IRS) and to forfeit $1,039,997, the net proceeds from the sale of his Valencia, California, home. Okoronkwo, who previously practised immigration, family, and personal injury law in Koreatown, California, was convicted…

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President Tinubu Decorates Tunji Disu as Acting Inspector‑General of Police

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President Bola Ahmed Tinubu on Wednesday formally decorated Tunji Disu with the rank of Acting Inspector‑General of Police, marking a significant leadership change at the helm of the Nigeria Police Force. The decoration ceremony was held around 4 p.m. at the State House, Abuja, where Mr. Tinubu personally pinned the new insignia on Disu’s uniform in the presence of key government officials, including the National Security Adviser, Nuhu Ribadu; Chief of Staff to the President, Femi Gbajabiamila; and Secretary to the Government of the Federation, George Akume. The immediate past Inspector‑General,…

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Driving Growth Through Sustainability: FirstBank’s Commitment

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Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and Governance considerations. In Nigeria, the sustainability agenda has become a mainstay, with companies like FirstBank leading the charge. As the leading financial institution in West Africa, FirstBank has made significant strides in promoting sustainability/ESG, with notable achievements in renewable energy, financial inclusion, and environmental conservation.…

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Nasir El-Rufai Suffers Nosebleed in Detention, Wife Barred from Delivering Meal Directly – Aide Raises Due Process Concerns

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Former Kaduna State Governor, Nasir El-Rufai, has reportedly suffered a nosebleed while in custody, as fresh concerns emerge over his welfare and the legality of his continued detention. The alarm was raised by his media adviser, Muyiwa Adekeye, who disclosed in a statement on Monday that the former governor has spent eight days in detention after voluntarily honouring an invitation from the Economic and Financial Crimes Commission (EFCC) on February 16, 2026. According to Adekeye, El-Rufai was interrogated by the anti-graft agency and granted administrative bail. However, he reportedly remained…

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Fidelity Bank to Empower Women with Sustainable Entrepreneurship Skills with HAP 2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0). Designed to equip women with practical, income‑generating skills and structured pathways to entrepreneurship; HAP 2.0 will build on the success of its inaugural edition held in 2023. Speaking with journalists at a media chat to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact. “HerFidelity Apprenticeship…

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