Eleven people have been arrested by the police for allegedly hacking into the bank accounts of customers and diverting a total sum of N150m. Oyelade Shola-Isaac, 32, Osuolale Hammid, 40, and Akeem Adesina, 33 are bankers. They were apprehended along with eight other suspects in connection with the fraud. Three of the accomplices, Okpetu John, 29; Chukwumnoso Ifeanyi, 30; and Salako Abdulsalam were said to be MTN agents, while others were identified as Ismaeel Salami, 49; Akinola Oghuan, 34; Sarumi Abubakar, 32; James Idagu, 56; and 33-year-old Sunday Okeke. It…
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Etisalat pulls out, gives three weeks to phase out the brand in Nigeria
After the collapse of its $1.7 billion loan talks, Chief executive of Etisalat International, Hatem Dowidar said on Monday that there was no need for the brand in Nigeria after the collapse of the loan talks. Etisalat has given Etisalat Nigeria three weeks to phase out the brand in the country. Etisalat Nigerian regulators intervened last week to save Etisalat Nigeria from collapse after talks with its lenders to renegotiate a $1.2 billion loan failed. Although Etisalat Nigeria, in a statement issued three weeks ago, claimed that it had repaid 42…
Read MoreGTBank Gets Double Honors at Euromoney Awards
Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigerias Best Bank & Africas Best Bank for SMEs’ during the 2017 Euromoney Awards which held in London on Thursday, July 06, 2017 at the prestigious Tower of London. Now in its 26th year, the Euromoney Awards for Excellence covers more than 20 global product categories, best-in-class awards and the best Banks in over 100 countries around the world by recognizing institutions that have demonstrated leadership, innovation, and momentum…
Read MoreAigboje Aig-Imoukhuede urges Nigerians to impact lives by giving
Aig-Imoukhuede, former MD of Access Bank Plc and Chairman of Coronation Capital Nigeria Limited has urged Nigerians and organisations to impact lives positively by providing innovative solutions to social, economic as well as environmental challenges on the continent by giving. His plea was echoed by the Chief Executive Officer of ACT Foundation, Mrs. Osayi Alile, who also stated that individuals and corporate bodies should help others achieve their set goals constructively by giving. These were highlighted at the ACT Foundation Breakfast Dialogue which took place at the Intercontinental Hotel in…
Read More40-year-old man remanded for hypnotising and having sex with housewives
A Katsina Senior Magistrate Court has remanded one Sani Idris, a 40 year-old man of Maska village in Funtua Local Government Area of Katsina State, in prison custody for hypnotizing and having sexual intercourse with seven married women. He was said to have lied to his victims that their husbands were wizards and members of the occult. The accused is facing charges of rape and ‘attempt to commit an offence to wit causing miscarriage’, which police said, are contrary to section 283 and 95 of the Penal Code. Senior Magistrate…
Read MoreInmates set prison ablaze, kills one officer
A jailbreak in South America’s Guyana prison has led to the death of one prison officer while seven others were injured. Authorities said inmates set fire to the facility and four prisoners escape. Chaos broke out at the colonial-era maximum security prison in the capital city of Georgetown after inmates obtained firearms and took control of the facility, with police and fire officials initially unable to enter the compound. Prisoners set the facility ablaze in an effort to distract guards, Public Security Minister Khemraj Ramjattan told journalists, calling the escapees…
Read MoreAhmadu Bello Way shut over Flooding
Due to incessant flooding, the Lagos State Police Command has announced the temporary shutdown of the Ahmadu Bello Way in Victoria Island. In a statement signed by the command’s Public Relations Officer, ASP Olarinde Famous-Cole on Saturday announcing the closure of the road, it said: “Due to the heavy downpour of rain in the state, motorists plying routes like Ahmadu Bello Way in Victoria Island and other areas prone to flood which has caused gridlock in the state are advised to take alternative route made available by the traffic officials.…
Read MorePDP candidate, Adeleke wins Osun West Senatorial District by-election
Ademola Adeleke, the candidate of the Peoples Democratic Party in Osun West Senatorial District by-election, has defeated the All Progressives Congress candidate, Senator Mudashiru Hussain, with total votes of 97, 480. Adeleke won nine out of the 10 local government areas. Hussain, who was Governor Rauf Aregbesola’s anointed candidate got 66,116 votes. In Iwo Local Government Area, Adeleke had 12,547 votes as against Hussain’s 12,205. While in Ejigbo Local Government Area, Hussain’s stronghold, the PDP candidate with 9,723 votes trailed his opponent who polled 12,229 votes. Again, the former APC…
Read MoreCommercial bus drivers protests as robbers kill pregnant woman on Benin-Ore Road
The killing of a pregnant woman by suspected armed robbers at Okada, in Ovia North-East Local Government Area of Edo State has sparked protest by commercial bus drivers on Friday on the Benin-Ore Expressway. The robbers also reportedly killed a male passenger of a popular bus company and injured others during the attack. Commuters using the busy road were said to have been stranded for several hours as luxurious bus drivers barricaded the road to express their grievances. The latest attack came five weeks after armed robbers reportedly killed a…
Read MoreMrs. Ibukun Awosika, to deliver keynote address for 2017 Full Gospel Business Men Fellowship
The annual business seminar will be addressing current issues in the Nigerian economy, with the aim to help participants review survival options and identify possible opportunities within the economy. The seminar attracts business owners across different sectors of the Nigerian economy, executive managers in organisations seeking to transit from paid employment, employees at various levels of career development, professionals and start-ups among others. Share on: WhatsApp
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