Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly report shows that Fidelity Bank was the most active stock at the stock market, outperforming the banking sector and the overall market. Fidelity Bank recorded a turnover of 1.73 billion shares worth N18.27 billion in 1,579 deals to…
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Immigration officer asking for money at airport suspended
An Assistant Superintendent of Immigration II (ASI II) has been suspended by the Nigeria Immigration Service (NIS) for allegedly soliciting financial gratification from a traveller. NIS’s Comptroller General, Kemi Nandap, made this known in a statement issued by the Service Public Relations Officer, Mr Kenneth Udo, on Thursday in Abuja. According to Nandap, the officer’s conduct, captured in a video circulating on social media, does not reflect the values and ethics of professionalism upheld by the NIS. She condemned the alleged misconduct in the strongest terms, saying that it undermined…
Read MoreSenator Ndume apologises to APC over anti-Tinubu comments
Ali Ndume, immediate past Chief Whip of the Senate, on Tuesday publicly apologised to the ruling All Progressives Congress for embarrassing President Bola Tinubu on a live television programme. The apology came one month after he was removed as the Senate’s Chief Whip following the interview he granted Arise TV, stating that Tinubu had been caged and prevented from knowing the hardships which Nigerians were going through, Following his sack, Ndume was immediately replaced by the Senator representing Borno North, Tahir Monguno. Ndume’s replacement by the Senate followed a directive…
Read MoreDrug consignments in baby food tins, cloths to US, UK intercepted by NDLEA
The National Drug Law Enforcement Agency (NDLEA) have intercepted consignments of illicit drugs concealed in tins of baby food cans and cloths. The illicit drugs concealed in tins of baby food cans and cloths going to the United States and United Kingdom were intercepted at the Murtala Muhammed International Airport, and a courier firm in Lagos. A press statement on Sunday by the spokesman of the anti-narcotics agency, Femi Babafemi said no less than 36 parcels of a strong strain of cannabis concealed in six cartons of tins of baby…
Read MorePastor sentenced to eight years imprisonment for rape
A pastor, Desmond Eke, has been sentenced to eight years imprisonment by Justice T. N . Nzeukwu of the Imo State High Court, for raping his church member’s wife. Eke, the founder of Deliverance Ministry of the Good Shepherd, Umuehieta Avu, Owerri West Local Government Area of Imo State was found guilty of taking advantage of the woman who had vested so much trust in him. The convict was tried on three counts that bordered on raping the victim who is also a member of his church and administering a…
Read More2024 Union Bank Graduates new Management Trainees
Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s senior management officials and other staff, as well as the 166 Management Trainees graduates who successfully concluded their training programme. After collecting their certificates, the newly graduated Management Trainees were encouraged to imbibe the technical and soft skills they…
Read MoreN1.9bn hack: N100m bail granted to two students who hacked MTN
Two students of Moshood Abiola Polytechnic and Resign Regal Academy, Timothy Oluwabukola and Anthony Odemerho, who allegedly hacked MTN Nigeria Communication computers and stole airtime and data valued at N1.9bn have been granted N50m bail each by a Federal High Court in Lagos on Monday. Justice Akintayo Aluko granted them bail after hearing two separate bail applications filed by the defendants. In addition to the bail sum, Aluko ordered the defendants to provide two sureties each, one of whom must be a civil servant in the federal or Lagos State…
Read More#Endbadgovernance protesters arrested for waving Russian flags in Kano, Kaduna, Katsina, Bauchi
No fewer than 30 protesters have been arrested by operatives of the Nigeria Police Force for waving Russian flags in Kano, Kaduna, Katsina and Bauchi states. The Force spokesperson, Muyiwa Adejobi, said 873 other protesters have been arrested by the police, including a tailor, identified as Ahmed Bello, who was arrested with a large number of flags in Kano. This comes as President Bola Tinubu directed security agencies to crack down on those flying Russian flags in the country. Gen. Christopher Musa, the Chief of Defence Staff, said this on…
Read MoreNigeria to face USA in Olympic women’s basketball knockouts
History-making D’tigress of Nigeria will be facing the reigning champions, USA, in the quarter-finals of the Paris Olympics women’s basketball competition on Wednesday, following the draw on Sunday. The Nigerians are the first African nation ever to reach the last eight of an Olympic basketball tournament, men and women included. They will have a tough task against the Americans, who have won the last seven titles. Nigeria clinched their place by beating Canada 79-70 on Sunday, while the USA defeated Germany 87-68 thanks to 19 points from Jackie Young and…
Read MoreBobrisky released from prison
Idris Okuneye, controversial cross-dresser, popularly known as Bobrisky, has regained freedom from the Kirikiri Correctional Centre, after spending six months in incarceration for abusing the naira by spraying it at parties. Recall that Bobrisky was sentenced to six months imprisonment on April 12, 2024, without the option of fine by Justice Abimbola Awogboro. In a video on X on Monday, Bobrisky, spotted with actress, Eniola Ajao, shared excitement on return. “I’ve missed you guys so much. I can’t wait to have you guys and give you guys what you have…
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