Mr. Nnamdi Okonkwo, the Managing Director, Fidelity Bank plc, has advised Chief Audit Executives (CAE) to adopt technology innovations in tackling imminent risk and opportunities that come with technology advancement in banking. He said this at the 42nd Quarterly Meeting of the association of Chief Audit Executives (ACAEBIN) where banks’ CAE, representatives from fintech companies and representatives from the Central Bank of Nigeria gathered to discuss ‘Internal Audit and The New Digital Frontier.’ Okonkwo was represented by the Deputy Managing Director, Fidelity Bank Mr. Mohammed Balarabe. He said: “By the…
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Fast food causes irreversible dementia -Study
Recent study by scientists has revealed that fast food could cause dementia. Experts say that unhealthy eating habits and a lack of exercises puts people at risk of a significant decline in brain function. A team at Australian National University found people are consuming an extra 650 calories every day, compared with what we were eating 50 years ago. That is the equivalent of a burger, fries and a soft drink. But they say that they have proven a clear link between eating more and brain deterioration. Prof Nicolas Cherbuin,…
Read MoreNigeria in blackout as national grid collapses again
Due to high voltage arising from the massive drop of load by some electricity distribution companies, the national grid experienced another system collapse yesterday morning. The development, which left the country in darkness, also caused a fire incident at the 75MXreactor in the Benin substation on Sapele Road in the Edo State capital, the Transmission Company of Nigeria (TCN). Its General Manager Public Affairs, Ndidi Mbah, made the confirmation in a statement. The grid failure has remained a recurring decimal with yesterday’s occurrence making seven this year alone. In May,…
Read MoreI was once raped by an armed robber—Elvina Ibru
Elvina Ibru, an actress and scriptwriter, has recently revealed that she had once been raped by an armed robber in her home. Lending some words of advice to rape victims, Ibru said, “You mustn’t be scared of what people are going to say because it is not your fault. I got a lot of snide remarks when I revealed my experience; some people said I was looking for attention. Meanwhile, it is because of talks like that, that many victims don’t report rape incidents. I wish everybody has a strong…
Read MoreCreators shut down App That Virtually ‘Undresses’ Women
After a social media uproar over its potential for abuse, the creators of an application allowing users to virtually “undress” women using artificial intelligence have shut it down. The creators of “DeepNude” said the software was launched several months ago for “entertainment” and that they “greatly underestimated” demand for the app. “We never thought it would be viral and (that) we would not be able to control the traffic,” the DeepNude creators, who listed their location as Estonia, said on Twitter. “Despite the safety measures adopted (watermarks), if 500,000 people…
Read MoreSoldier arrested for selling bullets to kidnapper
Koza Yabiliok, a 32-year-old Lance Corporal, has been arrested by the Kaduna State Police Command for allegedly selling ammunition to a suspected kidnapper that has been terrorising the state over the years. Yabiliok revealed that he sold out each round of the live ammunition for N400. The soldier serves in one of the military units at the Jaji Military Cantonment in the state. But Yabiliok said he never knew that his customer was a kidnapper. He added that the suspected kidnapper only told him that he needed the ammunition for…
Read MorePastor Fatoyinbo denies Busola Dakolo’s rape allegations
Busola Dakolo, wife of popular singer, Timi Dakolo, set the internet buzzing yesterday over on how she survived the trauma of an alleged rape ordeal she said she suffered in the hands of the founder of The Commonwealth of Zion Assembly, COZA, Pastor Biodun Fatoyinbo. Mrs Dakolo made the allegation in a YouTube interview published yesterday by the channel, YNaija. Fatoyinbo According to her, while a member of the church, she was raped at two different times in a week by the pastor. Mrs Dakolo alleged that the pastor raped…
Read MoreJuventus Coach: I smoke 60 cigarettes per day
Maurizio Sarri, new Juventus Coach admits his smoking habit is out of control. “It’s 60 a day, probably a few too many” he said. The tactician is currently on vacation in Ascoli-Piceno, where he sat down for a conversation with local site La Nuova Riviera. He discussed his love for the area and why he’s considering a second home there after renting for several years, even if he might be put off by a new rule banning smoking on the beach. “I smoke 60 a day, which is probably a few too…
Read MoreMalabu oil Bribery: Russian Diplomat Says No Evidence against Jonathan
Ednan Agaev, a former Russian diplomat, who once alleged that former President, Goodluck Jonathan, allegedly received $200 million in the controversial Malabu oil deal, has reversed himself on the claim, stressing that the initial statement in which he indicted the former president was made under duress. Agaev, a middleman and defendant in the case, helped to negotiate the transfer of the OPL 245 oil block to Shell and Eni, two multinationals at the heart of the scandal. He made the new claim last Wednesday while giving evidence before an Italian…
Read MoreObiano decries rate of police, others smoking Indian hemp
Willie Obiano, Anambra State Governor, has decried the rate at which some personnel of the Nigeria Police and other security outfits smoke Indian hemp. Obiano warned that the substance would only damage them instead of helping them as they erroneously believed. He stated this during a lecture organised by the National Drug Law Enforcement Agency to commemorate the 2019 International Day against Drug Abuse and Drug Trafficking in Awka. While condemning the rate at which security personnel abuse drugs, especially Indian hemp, the governor traced the introduction of cannabis sativa…
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