Reflecting the positive impact of its merger with former Diamond Bank Plc, Access Bank Plc has reported a significantly improved performance for the nine months ended September 30, 2019. The bank posted a growth of 44 per cent in profit after tax (PAT) to N90.7 billion in 2019, up from N62.9 billion in the corresponding period of 2018. The breakdown showed that Access Bank Plc ended the period with net interest income of N210 billion, compared with N123 billion in 2018, while non-fee income rose from N37 billion to N56…
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Sick boy dies after dad lavishes £130,000 treatment money on prostitutes
João Miguel Alves, a toddler who suffered from a rare disease has died following allegations that his father spent all the money raised for him on partying at hotels with prostitutes. The toddler suffered from spinal muscular atrophy but lost his fight for life on October 17. His dad Mateus Henrique Leroy Alves, 37, was found in a luxury hotel where he had been staying for two months after his wife Karine Rodrigues reported him to police. He is alleged to have spent the cash on prostitutes, designer clothes, watches,…
Read MoreN100billion pension fraud: Maina, son remanded in prison
Abdulrasheed Maina, the former chairman of the Pension Reform Task Team (PRTT) who was arraigned by the Economic and Financial Crimes Commission (EFCC) before a Federal High Court in Abuja alongside his son, has been remanded in prison, pending the hearing of their bail applications on November 19 and 6 respectively. . Maina and his 20 year-old son, Faisal are facing 12-count charges and three-count charges respectively of money laundering and concealment of proceeds of the unlawful act. Following the defendants’ plea of not guilty defence counsel, Ahmed Raji (SAN)…
Read MoreBridegroom slumps, dies during wedding ceremony
It was sorrow, tears and uncontrollably wailing for young Miss Onyinyechi Amadi Ugbor as she lost her groom in an unusual manner, on a day that should have been her happiest day. According to reports, it all happened in Amasiri, Afikpo North Local Government Area of Ebonyi State on Saturday as the bridegroom, Chukwuemeka Onwuka, slumped at the reception venue and later died in hospital. Onwuka, an ophthalmologist who hailed from Bende Local Government Area of Abia State, was at the venue of the wedding reception, bubbling with life, but…
Read MoreDeath Toll From Afghan Mosque Bombings Jumps to at Least 62
At least 62 people were killed by a blast inside an Afghan mosque during Friday prayers, according to officials, a day after the United Nations said violence in the country had reached “unacceptable” levels. The attack – the year’s second most deadly to date – took place in the eastern province of Nangarhar and also wounded at least 33 people, the provincial governor’s spokesman Attaullah Khogyani told AFP. The blast was carried out with “explosives that were placed inside the mosque”, Khogyani said, though other sources – including the Taliban…
Read MoreFBI suspect, Oyediran sentenced to one year imprisonment
Joseph Oyeniran, a Nigerian mentioned by the US Federal Bureau of Intelligence(FBI) as one of the internet fraudsters on its suspect list has been sentenced to one year imprisonment for cheating and impersonation by Kwara State High Court in Ilorin. According to Justice Mahmud Abdulgafar who sentenced the convict, he said that pieces of evidence presented before the court by the Economic and Financial Crimes Commission (EFCC) were overwhelming and uncontroverted. The judge held that the testimonies of the prosecution witness, the pleas of the defendant and documents presented were…
Read MoreAwosanya to EFCC: Stop raiding nightclubs, investigate Tinubu’s bullion van story
EndSAS activist, Segun Awosanya, took a swipe at the Economic and Financial Crimes Commission over the failure of the anti-graft body to go after All Progressives Congress chieftain, Asiwaju Ahmed Bola Tinubu despite picture evidence of bullion vans laden with cash allegedly at Tinubu’s Bourdillon, Ikoyi home. It was the EFCC post on Twitter that triggered the response of the social media activist, Awosanya alias Segalink. The EFCC tweeted, “Section 7(1) of the EFCC Establishment Act, 2004 gives us the power to investigate properties of any person if it appears…
Read MoreCoup de Disgrace…The Aisha Buhari/Fatima Daura Debacle: Before The ‘Cabal’ Self-Destructs
By Chinedu Okpara If nothing else buttressed the omnipotent powers and vicelike grip of Mamman Daura, the nephew of President Muhammadu Buhari, on the presidency and the president himself, his daughter, Fatima’s brazen and embarrassing face-off with Aisha, the wife of the president, as contained in a viral video, is the ultimate coup de grace. At the height of speculations that the president was getting a new wife rumoured to be Sadiya Umar Farouq, the Minister of Humanitarian Affairs and Disaster Management, a video emerged of a raging woman inside…
Read MoreFraudsters hack UBA server, stole depositor’s N752m
United Bank for Africa(UBA) recently had its server hacked by fraudsters, and lost the sum of N752m depositors money belonging to Flour Mills Nigeria Limited. According to an auditor of the Bank, Mr. Ojo Oladimeji, he narrated to the Federal High Court in Lagos how the bank’s server was hacked, and N752m was transferred to 20 different accounts between June 24 and July 3, 2019. The auditor testified against an alleged Internet fraudster, Ola Lawal, alias Lawal Roland, who is being prosecuted for the alleged hacking of UBA’s server by…
Read MorePolice explain how woman, child die in petrol tanker fire incident
The petrol tanker that exploded at Upper Iweka Road in Anambra State on Wednesday, ruining properties and lives in the process has been identified by the Police. The fire, it was gathered, started in front of Toronto Hospital Onitsha, before it spread to Ochanga Market areaAlso, the police have confirmed the death of yet to be identified woman and her child following petrol tanker fire incident. SP Haruna Mohammed, Police Public Relations Officer (PPRO) in the state confirmed the death. According to Mohammed said that the bodies of the unidentified…
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