Author: topnews

Goodluck Jonathan ready to appear in court to testify in favour of Dasuki

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Nigeria’s immediate past president, Goodluck Jonathan who was quoted to have said, “We bought warships, we bought aircraft, and we bought lots of weapons for the army. It’s not possible that Dasuki stole $2.1 billion”, is now set to appear in the ongoing trial of his former NSA, Col Dasuki, to testify in favour of the former NSA. He had earlier faulted the charges slammed on Dasuki, claiming that the ex-NSA could not have stolen $2.2billion. The ex-NSA’s counsel, Mr. Ahmed Raji (SAN), said Tuesday that, “Dr. Goodluck Jonathan will…

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Continued detention of Dasuki, Others: FG attempting to derail rule of law -Lawyers

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A protest was staged yesterday in Abuja by constitutional lawyers and human rights activists from various parts of the country against the continued detention of former National Security Adviser, NSA, Mohammed Sambo Dasuki, retd, and others, in spite of bails granted them by the court. They flayed the executive arm of government for attempting to derail the rule of law and democracy with utter disregard to valid and lawful court decision. The protesters made copious reference to the ECOWAS Court of Justice which ordered the release of Dasuki. The lawyers also…

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Ogun State crisis : NLC, NUT chairmen sacked, 19 others suspended

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Comrade Akeem Ambali, the state chairman of the Nigeria Labour Congress (NLC), has been dismissed by the Ogun State government. It was also reported that the vice and the state chairman of the Nigerian Union of Teachers (NUT), Comrade Dare Ilekoya and 14 others were also dismissed. Also reportedly suspended were 19 officials of the union hacked for  alleged misconduct during the recently celebrated teachers day. It was gathered that the NUT leadership was being reprimanded by the government for inviting politicians to their teachers day programme . This was…

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HERITAGE BANK REELS OUT GLOBAL ASPIRATION TO STAKEHOLDERS

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Heritage Bank Plc indeed lived up to its slogan of being the ‘Timeless Wealth Partner’ to its investors and customers when recently it took them through a journey of all the transformation activities that have made the bank what it is since inception till date, ‘a single bigger and better financial institution’. And so, within the walls of the Orchid Hall of the Eko Hotel and Suites, Lagos, resonated these words: “We have a story, how we started and where we are going”; “All that defines us!”;“Whatever our purpose, we…

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EFCC arraigns ex-Abia Gov. Orji Kalu

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Former Governor of Abia State, Dr. Orji Uzor Kalu has been arraigned in Lagos by the Economic and Financial Crime Commission EFCC for money laundering. He had asked the Federal High Court in Abuja, last week, to compel the Economic and Financial Crimes Commission, EFCC, to prosecute him in Abuja. The ex-governor, who is facing trial alongside his company, Slok Nigeria Limited, and a former Director of Finance in Abia State, Mr. Udeh Jones Udeogu, sought for an order of mandamus to stop the anti-graft agency from transferring his case…

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Iyanya joins Mavin records

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Reports has it that Iyanya, the popular Nigerian entertainer and musician, has dumped his record label, Made Men Music Group (MMMG) and officially joined Mavin after months of speculations. The news was broken early morning on Monday by Iyanya and Don Jazzy. Mavin Activated! @DonJazzy Signs @Iyanya To @MAVINRECORDS ! Reports of Iyanya’s plan to dump MMMG owned by Ubi Franklin had earlier on trickled in. However, the announcement is trending and has generated a lot of social media comments. The announcement also signaled the release of a new single,…

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Access Bank Grows Q3 Profit to N72bn

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One of the nation’s leading financial institutions, Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended 30 September 2016 based on enhanced business efficiency as a result of the effective execution of its long-term strategy. The Bank’s Profit Before Tax (PBT) showed an increase of 19% from N60.4 billion recorded during the same period in 2015. Profit After Tax (PAT) grew by similar margin from N48.1 billion in 2015 to N57.1 billion in 2016. Access Bank Group’s unaudited nine-month results released to the…

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S/Korean company to build 550 megawatts power plant in Cross-River

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Kingline Integrated Power Development Limited, a South Korean firm, has expressed its readiness to build a 550 Megawatts gas fired power plant in Cross River State. Chief Executive Officer of the company, Mr. Sean Kim, dropped the hint when he led a delegation from the firm on a courtesy visit to the governor, Senator Ben Ayade, in Government House, Calabar, yesterday. He said: “We have already done some preliminary checks in Cross River State and the proposed sites meet all of the requirements, which is why we are here today.…

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Importation of Rice to end next year –Audu Ogbe

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Minister of Agriculture and Rural Development, Chief Audu Ogbe, has said that rice importation into the country is to end next year, He spoke at a joint Anchor Borrowers rice farm inspection with the Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele and the Governor of Niger State, Alh Abubakar Bello, at Sunti, Lavun Local Government Area of Niger State, at the weekend. According to him “The federal government’s massive rice production programme, has made huge impacts on the nation’s rice supply and will therefore end rice…

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