FBN Holdings Full Year Profit After Tax increased by 179%

Results for the full year ended December 31, 2017 of FBN Holdings Plc was announced wednesday, showing a growth of 179 per cent in profit after tax (PAT) to N47.8 billion, up from N17.1 billion in 2016. In the audited results, FBN Holdings Plc ended the year with gross earnings of N595.4 billion, up marginally by 2.3 per cent from N581.8 billion in 2016. Net interest income rose by 15.9 per cent from N405.3 billion to N331.5 billion, while non-interest income fell by 31 per cent from N165.5 billion to…

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Okpekpe Road Race Appoints Ecobank Mobile App as Official Bank Service Platform

Pamodzi Sports Marketing, organiser of the acclaimed Okpekpe International Road Race, has named Ecobank Mobile App as the official Banking Service platform for the 2018 edition of the race slated for Saturday May 12 in Okpekpe, Edo State. Mike Itemuagbor, Chief Executive Officer of Pamodzi Sports Marketing and Chief Promoter of the Okpekpe International Road Race said the Ecobank Mobile App is most suited for the Okpekpe 10km Road Race being an app that has been adopted across Africa. Mr. Itemuagbor observed that the Ecobank App would adequately cater for…

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AFENIFERE APPLAUDS DANIEL, SEEKS A UNITED FRONT TOWARDS 2019

Pan-Yoruba socio-political group, Afenifere has lauded a former governor of Ogun state, Otunba Gbenga Daniel for his unwavering effort in the progress of the Yoruba race, particularly his support to the group’ sustenance both in and out of office. Leaders of Afenifere showered the encomium on Daniel at a caucus meeting of the group held on Monday at the Akure residence of its leader, Pa Reuben Fashoranti. The leadership of the group had gathered in Akure to fashion a way for the Yoruba race to present a strong and united…

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Sunny Anderson brings her unique flavours to the GTBank Food and Drink Fair

Food Network Star, Sunny Anderson, will be at the GTBank Food and Drink Fair to treat guests to an exciting Masterclass on how to make home cooking easy and exciting. Known for hosting popular shows such as; The Kitchen, Cooking for Real and How’d That Get On My Plate, Sunny is renowned for a cooking style that combines classic comfort foods along with unique flavours inspired by her many travels. She is the author of The New York Times bestseller Sunny’s Kitchen: Easy Food for Real Life. Sunny is also a huge football fan and combined her…

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Payment Of $462m For Fighter Jets, Impeachable Offence, Reps Tell Buhari

Members of the House of Representatives did not mince words on Tuesday when they said President Muhammadu Buhari committed an “impeachable offence” by authorising the purchase of $462million jets for the military without appropriation by the National Assembly. Buhari is buying 12 Tucano aircraft from the US with the money. The planes will be delivered in 2020. The lawmakers became angry as soon as the Speaker, Mr. Yakubu Dogara, read a letter from Buhari, informing the House that the expenditure was done in “anticipation of approval” by the National Assembly.…

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Benue herdsmen attack: 2 Catholic priests, 17 others killed in fresh attack

Benue state was again under attack yesterday as suspected herdsmen stormed St. Ignatius Catholic Church, Ukpor-Mbalom Parish, Gwer East Local Government Area of Benue State, killing two Catholic priests and 17 parishioners. The latest attack came barely four days after the murder of 10 persons by herdsmen in neighbouring Guma Local Government Area and the destruction of 300 houses by men suspected to be military personnel in Naka, Gwer West Local Government Area of the state. It was learnt that several persons sustained bullet wounds, while the invaders also sacked part…

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Incest: Man confesses to have slept with own daughter ‘just five times’

Taiwo Oyelabi, a 50-year-old man, has been arrested for allegedly sleeping with his biological daughter. The suspect, who is currently being detained at the Gender Section of the Lagos State Police Command, was also accused of impregnating his 21-year-old daughter, Taiwo Nibilia Oyelabi. Confessing to newsmen, the suspect admitted having an affair with the young girl, saying he had canal knowledge of her only five times. “I only slept with my daughter five times and it took place in my house. She came to me the first time kissing me…

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Kate Middleton and Prince William Welcome Third Baby

Kate, the wife of Prince William, gave birth to a boy on Monday at a hospital in London, the third child for the British royal couple. Kensington Palace said the baby was born at 1001 GMT and weighs 8 lbs 7oz. William was present for the birth at St Mary’s Hospital in west London where their other two children, George and Charlotte, were also born, it added. “The Queen, The Duke of Edinburgh, The Prince of Wales, The Duchess of Cornwall, Prince Harry and members of both families have been…

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 UBA rewards outstanding staff at the 2018 CEO awards

United Bank for Africa (UBA) Plc on Saturday, held the 2018 edition of its Annual CEO awards, honouring staff who performed exceptionally in the past year, at a night of glitz and glamour and away from the usual hustle and bustle, mostly associated with activities in the banking halls. At this year’s edition which was held at the prestigious Eko Hotels and Suites, staff and well-wishers of Africa’s global bank came out in all their finery for some fun and relaxation. This year’s edition was no disappointment as the bank…

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INEC Denies Creating 30,000 New Polling Units

The Independent National Electoral Commission (INEC) has denied creating 30,000 additional polling units in order to compromise the 2019 general elections. Mr. Kola Ologbondiyan, National Publicity Secretary of the Peoples Democratic Party`s (PDP), on Friday alleged that INEC was planning to create 30,000 illegal polling units in some remote areas. A statement issued by the Chief Press Secretary to INEC Chairman, Mr Rotimi Oyekanmi, on Sunday in Abuja, urged Nigerians to disregard the allegation. Oyekanmi explained that the commission received 3,789 requests nationwide for the creation of new polling units.…

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