HERITAGE BANK PLC REMAINS SOUND AND RESILIENT

The attention of Heritage Bank Plc has been drawn to deceptive reports contained in a media publication, alleging the Bank’s inability to honour its obligations to customers amongst other contrived reports on the financial state of the bank. Heritage Bank wishes to categorically refute this false information being circulated about the institution with a misdirected intent to derail and misinform the banking public on its financial state. Whilst we acknowledge the challenging operating environment currently experienced in all sectors of the economy, Heritage Bank remains financially stable and has continued…

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Herdsmen renewed attacks in Kaduna: Death toll rises to 43

Consequence upon the refusal of a farmer to release his farmland to herdsmen for grazing, five villages were attacked by herdsmen in Kaura Local Government Area of Kaduna State last Sunday. The death toll, as at Sunday, was said to be 31, while a villager said they had buried 43 yesterday (Tuesday). However, Kaduna State police spokesman, ASP Aliyu Usman, said that the final official casualty figure would be made available. The villages that came under the latest onslaught are Kigam, Kitakum, Unguwan Magaji, Unguwan Rimi and Kizipi, all in…

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Sultan Dasuki was a voice for peace -President Buhari

As the 18th Sultan of Sokoto, Alhaji Ibrahim Dasuki passed on, President Muhammadu Buhari has condoled with the Dasuki family, the government and people of Sokoto State Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, made this known in a statement in Abuja on Tuesday. Buhari also commiserated with the Jama’atul Nasril Islam (JNI) and the Supreme Council of Islamic Affairs over the demise of the remarkable traditional ruler. The president noted that the deceased devoted his life and tenure of office to the promotion of…

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Nigeria is being run on old ideas — Iyabo Obasanjo

A former Senator of the Federal Republic of Nigeria, Iyabo Obasanjo, who served as a Commissioner for Health in Ogun State between 2003 and 2006; and following that was elected to represent the Ogun State Central Senatorial District in the Senate where she served as chairperson of the Senate Committee on Health between 2007 and 2011. Senator Obasanjo as chairman of the committee was instrumental to the birth of the National Health Bill which, however, was not passed under her stewardship of the Committee talks about Nigerian politics in this…

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Trump’s hate towards Muslims will make our job of recruiting thousands much easier –ISIS

Abu Omar Khorasani, a top ISIS commander has branded Donald Trump a ‘complete maniac’. We wouldn’t expect any member of Daesh to give a democratically elected a ringing endorsement, but this is something else. Abu Omar Khorasani said: ‘This guy is a complete maniac. His utter hate towards Muslims will make our job much easier because we can recruit thousands.’ He added: ‘Our leaders were closely following the U.S. election but it was unexpected that the Americans will dig their own graves and they did so.’ And showing that he has some respect…

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After 24 days in detention, Fani-Kayode regains freedom

Femi Fani-Kayode, the former Minister of Aviation, who has been in detention for the past 24 days, yesterday, regained his freedom. Fani-Kayode, who was the Director of Media and Publicity in the campaign team of ex-President Goodluck Jonathan, was released after he perfected the bail conditions handed to him by the Abuja Federal High Court. He is answering to a five-count   charge preferred against him by the Economic and Financial Crimes Commission, EFCC. The charge borders on alleged N26million fraud. Trial Justice John Tsoho had on Thursday, ordered remand…

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Protesting Ambrose Alli University students barricade highway.

Ambrose Alli University, Ekpoma yesterday, was closed following violent protests by students of the institution. It was gathered that the protest  was over increment in tuition fees. A statement by the institution’s Public Relations Officer, Edward Aihevbe, said the decision to close the institution indefinitely was reached after the university’s senate reviewed the students’ protest. He said the senate viewed the protest as uncalled for as the students barricaded the Benin-Ekpoma-Auchi highway. He denied social media report that two students were shot by security agents and said the students were given…

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First Bank set to re-open Omu-Aran branch

The Omu-Aran branch of First Bank of Nigeria Plc, in Irepodun Local Government area of Kwara State, which was closed since May, 2013, due to incessant robbery attacks is set to re-start operations. Mr Festus Egbodofo, the Business Development Manager of the bank in Kwara, gave the assurance in a goodwill message to the 2016 Annual Omu-Aran Festival of Clubs. The event held at the Government Secondary School Playground, Omu-Aran. “Our bank will commence full banking transactions in Omu-Aran in few days’ time,” Egbodofo said. Armed robbers had, on May…

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UBA wins SERA’s award for best institution in corporate social responsibility

United Bank for Africa (UBA); the Pan African banking group emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) ceremony which held at the Muson Centre in Lagos last Friday. Since 2006, The SERAS CSR Awards-Africa has celebrated outstanding companies who through their immense contributions have become the game changers driving the wheels for sustainable development in Africa. “We are driven by the mantra ‘do well do…

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FG to sell unprofitable refineries, scrap NNPC, others.

According to the document released by the Ministry of Petroleum Resources, last weekend, the Federal Government’s draft National Oil Policy has proposed to consolidate Nigeria’s oil industry regulatory authorities into a single agency to be known as Petroleum Regulatory Commission, PRC, while scrapping all other regulators, including the Nigerian National Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR, and Petroleum Products Pricing Regulatory Agency, PPPRA, among others. The new regulator will incorporate the activities of the existing petroleum regulatory authorities and also cover some new regulatory activities not currently covered.…

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