Dismissed employees of the Ibadan Distribution Electricity Company (IBEDC), took to the streets of Ibadan in a large-scale protest, declaring their dismissals unjust and calling for immediate reinstatement. The demonstration effectively paralysed traffic, as protesters blocked key routes from Challenge to Dugbe, significantly impacting vehicular movement. The aggrieved workers were supported by the Nigeria Labour Congress (NLC), which has been vocal about broader labour concerns, including the demand for minimum wage payments for over 3,000 employees still with the company. The protesters emphasised their determination to fight for their rights…
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CBN says bank directors with non-performing insider loans to resign
Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. The apex bank gave the directive on Monday in a circular signed by Acting Director of Banking Supervision, Adetona Adedeji. Insider loans are loans granted by a bank or financial institution to its own executives, directors, employees, major shareholders, or other related parties. CBN explained that the move is to strengthen corporate governance and risk management within the banking sector. The statement issued by the CBN reads in part: “Directors with non-performing insider-related…
Read MoreNiger Republic bars entry for Nigerians, rejects ECOWAS passport
A new restriction policy was implemented by the Republic of Niger on Nigerians travelling with the ECOWAS passport, as they were refused entry. This restriction came after Niger, Mali and Burkina Faso, recently withdrew from the Economic Community of West African States (ECOWAS). While Niger maintains an open border with Nigeria, new immigration measures are being enforced at key border crossings, including Illela in Nigeria and Konni in Niger. Cross-border traders and commuters are now facing significant challenges as the Nigerien authorities no longer recognise the ECOWAS passport as a…
Read MoreActress Halima Abubakar’s health deteriorates, begs for financial assistance
Controversial Nollywood actress, Halima Abubakar, cried out for financial assistance, claiming she is struggling to survive from her sickness. She shared an emotional video on her Instagram page on Tuesday, looking pale and weak as she spoke about her deteriorating health and the betrayal she has faced from close friends and colleagues. Expressing her frustration over accusations that she has been faking her illness, Halima said in the video that: “People are confused about what is happening. I’m not feeling fine up till now; I’m just good at being strong.…
Read MoreFidelity Bank Enhances Educational Facilities in Benin, Abuja
Fidelity Bank Plc, a leading financial institution, has once again demonstrated its unwavering commitment to enhancing its host communities’ lifestyles. Through its dedicated education Corporate Social Responsibility (CSR) pillar, the bank recently undertook significant projects aimed at promoting quality education delivery across the country. In Benin-City, Edo State, Fidelity Bank recently renovated the library at Emotan College, Wire Road. This initiative, which was executed under the auspices of the Fidelity Helping Hands Program (FHHP), was championed by the Phoenix Inductee Class of Fidelity Bank. The FHHP allows Fidelity Bank staff…
Read MorePaternity row: Ex-chairman of Skye Bank, Tunde Ayeni moves to reject mistress daughter in court
The sour relationship between the former chairman of the defunct Skye Bank, Tunde Ayeni and his ex-mistress, Adaobi Alagwu took a new dimension after the businessman asked a Federal Capital Territory Customary Court in Dawaki, Abuja to declare that the daughter of his ex-mistress is not his. Ayeni and Alagwu have been locked in a paternity dispute since 2022. Alagwu insisted that her daughter belongs to the business mogul, while he has repeatedly denied fathering the child. Ayeni while being led in evidence on Monday by his lawyer, Silas Onu,…
Read MoreOgun State police declare Portable wanted over assault
Controversial singer, Habeeb Okikiola known as Portable, has officially been declared a ‘wanted person’ by the Ogun State Police Command after claims levelled against him that he and nine of his associates allegedly assaulted and obstructed officers of the Ministry of Physical Planning and Urban Development from the Ota Zonal office. On February 18, 2025, the police force released the official wanted poster across social media, stating that the warrant of arrest had been issued against him by a magistrate court in Ogun State, Nigeria. He is wanted for the…
Read MoreElder statesman, Chief Edwin Clark dies at 97
South-South prominent leader, Chief Edwin Kiagbodo Clark has died at age 97. The former Federal Commissioner for Information, passed away on Monday night of February 17, 2025. In a statement signed by Prof. C.C. Clark on behalf of the family, it reads: “The Clark-Fuludu Bekederemo family of Kiagbodo Town, Delta State, wishes to announce the passing of Chief (Dr.) Sen. Edwin Kiagbodo Clark, OFR, CON, on Monday 17th February, 2025. The family appreciates your prayers at this time. Other details will be announced later by the family.” Chief Clark’s death…
Read MoreCourt dismisses family’s request to appoint interim administrators for Herbert Wigwe’s estate
Justice A.O. Adeyemi of the Lagos State High Court Family/Probate Court in Ikeja, has dismissed the application filed by Christian Chukwuka Wigwe and Pastor Shyngle Wigwe, asking for the appointment of interim administrators in the estate of the late former Group Managing Director and CEO of Access Bank, Herbert Wigwe. In a ruling delivered on February 6, 2025, the court resolved all issues raised by the applicants and deemed their claims unsustainable. The applicants, Christian Wigwe and Pastor Shyngle Wigwe, had in an action allegedly orchestrated by Emeka Wigwe, filed…
Read MoreOsun crisis: Governor Adeleke urges Tinubu to caution Oyetola, APC react
Osun State Governor, Ademola Adeleke has called on President Bola Tinubu to warn the Minister of Marine and Blue Economy, Gboyega Oyetola, against causing violence and chaos in the state ahead of the February 22 local council poll. Governor Adeleke accused Oyetola of allegedly planning to enforce what he termed non-existent Court of Appeal judgment, which purportedly reinstated local council chairmen and councillors elected on the platform of the All Progressives Congress (APC) in 2022, who were sacked by a Federal High Court judgment. Adeleke spoke at a media briefing…
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