Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news and visual informative pieces with topics ranging from world markets, investing opportunities, industry analysis and so much more. All content is dedicated to the global investment community that wants to take a step ahead. The bank was recognized with the Best Bank in Nigeria…
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May 2, 3 declared public holidays to mark Workers Day, Eid ul-Fitr
Federal Government has declared Monday, May 2 and Tuesday, May 3, 2022 as public holidays to mark Workers Day and Eid ul-Fitr celebrations. Minister of Interior, Ogbeni Rauf Aregbesola, made the declaration on behalf of the Federal Government. He congratulated workers across the country on this year’s celebration, urging them to raise the bar of their trade, in line with the President Muhammadu Buhari administration’s drive to rev up governance and make Nigerians derive maximum benefit from the nation. He also congratulated Muslims for the successful completion of the…
Read MoreDeeper Life church expels man over alleged rape attempt of 12-yr-old girl
A 60-year-old man identified as Boniface Onyekwere, has been expelled by Deeper Life Bible Church, Anambra State, over an alleged attempt to rape a 12-year-old girl. The church’s stand was made known in a disclaimer signed by the State Overseer, Pastor Jude Chukwuocha and dated April 26, 2022, which noted that Onyekwere was not a pastor or worker in any Deeper Life church in Anambra State. Onyekwere was arrested by the Anambra State Police Command on charges of attempted rape of a minor who was entrusted in his care. The…
Read MoreGTCO Plc Releases Q1 2022 Unaudited Results …Reports Profit Before Tax of ₦54.3b
Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦54.3billion, representing an increase of 1.1% over ₦53.7billion recorded in the corresponding period March 2021. FX translation of the FCY loan book led to a drop in the Group’s net loans by 4.7% from ₦1.80trillion recorded as at December 2021 to ₦1.72trillion in March 2022. Deposit…
Read MoreCybercrime contributes 0.08 per cent to GDP loss, about $500 million -NCC
The Nigerian Communications Commission (NCC) has disclosed that cybercrime remains one of the dangers of digital transformation in Nigeria and across the globe. NCC noted that while the opportunities a digitally literate population pose economically, socially, and developmentally are immeasurable, conversely, the risks posed, especially coupled with a youth unemployment rate estimated by the National Bureau of Statistics (NBS) at about 45 per cent, are severe. It noted: “We report that cybercrime alone, one of such risks, contributes to 0.08 per cent of the GDP loss, about $500 million.…
Read MoreMortuary attendant arrested for cutting off dead body’s head
Kushimo Lukman, a mortuary attendant, was, yesterday, arrested in Abeokuta, the Ogun State capital, for cutting off the head of a deceased boy. Lukman, who was arrested by men of the Ogun State government-owned security outfit, the So-Safe Corps, while on routine patrol, said the severed head was requested for by one Chief Ifalonishe at the cost of N50,000. The So-Safe Corps said the suspect, who resides at 9, Abule Oloni, Oke Yidi, Abeokuta, was “an acclaimed mortuary attendant working with MABOD at Oke-Yidi, Abule Oloni, Abeokuta.” Yusuf said he…
Read MoreSAHEED ADEMOLA ELEGUSHI: Twelve Years as a KING
by Temitope Oyefeso When the instrument of authority was presented to Oba Saheed Ademola Elegushi on April 27, 2010, as the 21st monarch of Ikate-Elegushi kingdom, a coastal community along the Lagos lagoon, the people were ecstatic. But, there were careful expectations because, the prince, though steeped in the rich pedigree of his predecessors and forbears, was being entrusted with leadership at a relatively young age. He was in his early 30s. But he was not unmindful of the huge responsibilities placed on him. Armed with robust tutelage from the…
Read MoreElon Musk acquires Twitter in a $44 billion deal
Billionaire Tesla and SpaceX CEO, Elon Musk, has acquired Twitter in a $44 billion deal that would cap a bid that began in early April to exert official influence over policies designed to combat abuse on the platform, which Musk has cast as anti-free speech. On April 4, Musk became the company’s largest shareholder and backed out at the last minute from an agreement to join Twitter’s board of directors. Now, on the verge of taking over the company, Musk is promising to bring “free speech” to Twitter. Musk is…
Read MoreSaudi Arabia to Disney: Cut LGBTQ references from superhero movie before bringing to kingdom
Saudi Arabia has asked Disney to cut “LGBTQ references” from its latest Marvel superhero movie before it can be screened in the kingdom, an official said on Monday. Disney has so far declined the requested edits to the film Doctor Strange in the Multiverse of Madness, slated for release in early May, that amount to “barely 12 seconds” in which a lesbian character, America Chavez, refers to her “two moms”, said Nawaf Alsabhan, Saudi Arabia’s general supervisor of cinema classification. “It’s just her talking about her moms, because she has…
Read MoreNDLEA arrests Drug baron with 103 bank accounts at Lagos airport
Chief Afam Ukatu, the billionaire drug baron behind the N3bn tramadol deal involving a suspended Deputy Commissioner of Police and former leader of the Intelligence Response Team, Abba Kyari, has been arrested by the National Drug Law Enforcement Agency. A statement on Monday by the spokesperson for the agency, Femi Babafemi, said he was arrested “after months of surveillance and evading arrest.” According to Babafemi, Ukatu, who is the chairman of Mallinson Group of Companies, was nabbed onboard a flight to Abuja at the MM2 terminal of the Lagos airport,…
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