Author: topnews

Africa needs to be competitive, says Chike-Obi, Fidelity Bank’s Chairman

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Africa needs to be competitive and efficient in its area of strength, according to Mustafa Chike-Obi, the Chairman of Fidelity Bank, who spoke with CNBC Africa’s Kenneth Igbomor on the sidelines of the AFREXIMBANK Annual meetings in Nassau, the Bahamas. Chike-Obi emphasized the importance of focused and sharp leadership in harnessing the continent’s strengths to achieve prosperity. He highlighted the need for Africa to identify areas of competitive advantage in producing goods and services efficiently to unlock its full potential. He pointed out that success stories in areas like sports…

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Fidelity Bank: Here’s the perfect opportunity to grab your slice

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By Iheanyi Nwachukwu On Thursday June 20, Nigeria’s 6th largest bank, Fidelity Bank Plc will open its public offer and Rights Issue. According to an article on the Businessday website and authored by Iheanyi Nwachukwu, the bank is raising a total of up to N127.100billion by way of a Rights Issue to existing shareholders and a Public Offer (the Combined Offer). Under the Rights Issue, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares held…

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Justin Timberlake arrested for drunk driving

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Local prosecutors in a chic town east of New York City, has revealed that pop star, Justin Timberlake was arrested and arraigned Tuesday on charges of driving while intoxicated. The 43-year-old Timberlake, known for such hits as “SexyBack” and “Cry Me a River,” was taken into custody in Sag Harbor, part of the affluent Hamptons community, in the early hours of Tuesday. “Justin Timberlake was arrested in Sag Harbor for driving while intoxicated,” the prosecutor’s office in Suffolk County said in a statement. “He was arraigned in Sag Harbor Village…

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Jehovah’s Witnesses releases Jesus Christ Series Episode 1

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A Christian organisation, Jehovah’s Witnesses, has released an epic all-volunteer production portraying Jesus Christ’s Life and Teachings. The production, which was released in May 2024, has an 18-episode comprehensive look at the life and ministry of Jesus Christ, His personality and interactions with people. According to the Regional Spokesman of Jehovah’s Witnesses, Ezekiel Bolaji, Episode 1 is released as a special feature of the 2024 “Declare the Good News!” conventions of Jehovah’s Witnesses, while subsequent episodes will be released at future conventions. “We are excited to release this to the…

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Protesting youths chase Rivers LG boss from council secretariat

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Allwell Ihunda, Chairman of the Association of Local Governments of Nigeria, Rivers State chapter, escaped death narrowly as protesting youths chased him along Moscow Road in Port Harcourt, the state capital, on Tuesday. Ihunda, who is the outgoing Chairman of Port Harcourt City Local Government Area, was on his way to the council secretariat with some aides and security details when the incident occurred. It was gathered that he had alighted from his vehicle and tried to make his way into the council but met a group of youths who…

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Abducted Fouani brothers rescued by Police

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The Fouani brothers who were abducted last week, have been rescued by the Lagos State Police Command. The spokesperson for the command, Benjamin Hundeyin, made this known on Tuesday. According to him, the brothers identified as Abbas Fouani, Youssef Fouani, and Amtal Fouani, who were abducted on June 14 around 6pm in Lagos were rescued last night in Orugbo Iddo by men of the Marine Police. One of the brothers is the Managing Director of Fouani Nigeria Limited that specialises in electronics and is the sole distributor of LG, Hisense,…

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Six killed, many abducted as gunmen attack Sokoto village on Sallah day

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Six persons were reportedly killed while many others were abducted as armed men suspected to be terrorists attacked a village in Gwadabawa Local Government Area of Sokoto State on Sallah day (yesterday). The gunmen were said to have stormed Tudun Doki village at about 1:30 am on Sallah day. The Public Relations Officer of the Police Command in Sokoto, Ahmed Rufa’i, confirmed the attack. He said six bodies have been retrieved so far, but the police have yet to ascertain the number of abducted persons. Sokoto is one of several…

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‘Emi Lokan’: Eedris Abdulkareem drags Adeboye, Tinubu, others in new song

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Eedris Abdulkareem, a Nigerian singer has criticised Pastor E.A. Adeboye, the senior pastor of the Redeemed Christian Church of God, RCCG, over his silence on the hardship in the country. Eedris, in a newly released satirical song titled ‘Emilokan’, accused Adeboye of hypocrisy in the face of the hardship confronting Nigerians under Tinubu’s government. Eedris mentioned that while Adeboye was vocal in criticising the administration of former President Goodluck Jonathan, he has remained silent over the hardships faced by Nigerians under President Bola Tinubu’s administration. He said, “During Good Luck…

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Kenyan judge dies after courtroom shooting

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Monica Kivuti, a Kenyan magistrate, who was shot by a senior police officer earlier this week, has died, according to the country’s chief justice. The Makadara Principal Magistrate was shot by a policeman at a court in the capital, Nairobi, on Thursday after she cancelled his wife’s bail because the woman had absconded. Following the attack, the policeman, identified as Samson Kipchirchir Kipruto, was shot dead by other officers. According to Tuko, the magistrate had revoked Kipruto’s wife, Jennifer Waurimu’s, bond, who had been charged with obtaining KSh 2.9 million…

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Union Bank Advocates for Environmental Restoration; Commemorates World Environment Day

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Union Bank, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable environmental practices. This clarion call was made during an event organised in partnership with the Nigerian Conservation Foundation to commemorate this year’s World Environment Day. The program, held on June 5th, 2024, at the Lekki Conservation Centre in Lagos State, brought together various stakeholders, including environmental rights activists, international partner agencies, corporate institutions, government agencies, and students of select secondary schools, to deliberate and engage in activities marking World…

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