Author: topnews

NDDC probe: MD faints at hearing

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NDDC acting Managing Director, Prof Kemebradikumo Pondei, yesterday slumped while being interrogated by lawmakers. The Minister of Niger Delta Affairs, Senator Godswill Akpabio, on Monday said most contracts of the Niger Delta Development Commission were awarded to members of the National Assembly. Akpabio said this in Abuja at the sitting of the  House of Representatives committee investigating the NDDC. Besides the forensic audit of  the  commission ordered by President Muhammadu Buhari, both the Senate and the House of Representatives are currently investigating alleged financial recklessness in the commission. Pondei and…

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Man commits suicide over N215,000 fine in Ogun

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A man identified as Fatai Salami, A truck owner, has committed suicide after his truck was seized by officials of the Ogun State Traffic Compliance and Enforcement Corps for flouting COVID-19 laws in the state. Salami reportedly drank an insecticide, snippers, on the premises of the TRACE after he was asked to pay N215,000 for flouting COVID-19 law in the state. A source said that TRACE officials seized the deceased’s truck from his driver in Abeokuta on Thursday for flouting social distancing order and failure to use face mask. He was…

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Fidelity Bank Appoints Onyeali-Ikpe as CEO Designate

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The Board of Directors of Fidelity Bank Plc has announced the appointment of Mrs. Nneka Onyeali-Ikpe, the current Executive Director, Lagos and South-west Directorate, as the Managing Director/Chief Executive Officer (MD/CEO) designate. It also announced the impending retirement of the current MD/CEO of the bank, Mr. Nnamdi Okonkwo. A statement from the bank said Okonkwo would step down from the board of the bank on December 31 upon completion of his contract tenure, in line with the bank’s governance policies. It stated that the approval of the Central Bank of…

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Messi, Ronaldo and co miss out as 2020 Ballon d’Or cancelled due to coronavirus pandemic

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France Football has announced that the prestigious prize will not be handed out this season due to the “lack of sufficient fair conditions” There will be no Ballon d’Or winner in 2020, with France Football announcing that due to the “lack of sufficient fair conditions”, the prize that has been dominated by Lionel Messi and Cristiano Ronaldo in recent times will not be awarded for this calendar year. A prestigious Golden Ball has been handed out to the best player on the planet since 1956, however the decision has been…

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Access Bank successfully takes over Transnational Bank of Kenya

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The vision of Access Bank to be the World’s Most Respected African Bank is fast turning to reality, with its successful completion of the acquisition of Transnational Bank (Kenya) Plc. In a filing with the Nigerian Stock Exchange, the Access Bank said this is a sequel to the earlier announcement on October 28, 2019, investing public. This follows the receipt of full regulatory approvals and fulfilment of all conditions precedent to completion. According to the Bank, its entry into the Kenyan market is a key gateway in East Africa, which…

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Covid-19: GTBank Named in Euromoney Excellence in Leadership Awards

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Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership Africa Award, a premier award category set up to recognize banks around the world who are playing a pivotal role during the Covid-19 pandemic. The foremost African financial institution, which was also named Nigeria’s Best Bank for a record 10th time, was lauded for its swift reaction in responding to the Covid-19 crisis and for addressing the impact of the pandemic on its customers and communities. Announcing GTBank’s Excellence in Leadership Award, Euromoney said; “One of the first…

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Covid-19: Foreign affairs minister, Onyeama, tests positive

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Mr Geoffrey Onyeama, the Minister of Foreign Affairs, said he has tested positive for coronavirus. Onyeama announced the result of his fourth test on his official Twitter handle on Sunday. He said he was heading for isolation and treatment. The minister, in a tweet, said, “Did my fourth COVID-19 test yesterday (Saturday) at the first sign of a throat irritation and unfortunately this time, it came back positive. “That is life! Win some, lose some. Heading for isolation in a health facility and praying for the best. #StayHomeSaveLives #COVID19 #PTFCOVID19.”…

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Heritage Bank upgrades HB ‘Padie’ Mobile App to improve banking services  

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Heritage Bank plc, Nigeria’s most innovative banking service provider has upgraded its HB ‘Padie’ mobile application to HB ‘Padie’ 2.0, which comes with new improved features for convenient, quick, secure and affordable way for seamless 24/7 banking transaction. The HB ‘Padie’ 2.0 app has been redesigned and relaunched with new improved multi-functional feature and game-changing innovation that leverages customers to ease accessibility to funds and improve the standard of living. This is poised to enable customers’ card management in connecting all bank accounts with their Debit Card details or account…

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Covid-19: NCDC announces 653 new cases as total hits 36,107

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The Nigeria Centre for Disease Control (NCDC) has announced 653 new COVID-19 cases in the country as total infections from the virus rise to 35, 107. The NCDC made this known on its official twitter handle late on Saturday. The health agency said that as of July 18, 653 new confirmed cases and six deaths were recorded in the country. It said that the 653 new cases were reported from 27 states. According to the agency, only nine states did not report a new case of the disease in the…

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Buhari names railway station after Goodluck Jonathan

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President Muhammadu Buhari has approved that the name of the railway station in Agbor, Delta State, be called Goodluck Jonathan Railway Station and Complex. The Minister of Transportation, Rotimi Amaechi, disclosed this while inspecting the Warri-Itakpe Rail Line on Saturday. He also said railway fares would double as a result of measures put in place to halt the spread of COVID-19 when services begin on rail lines, especially on the Abuja-Kaduna line. The presidential approval on the name change for the rail station in Delta State was also confirmed by…

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