Category: News

Stock Exchange rates Fidelity Bank highest on corporate governance

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Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating System (CGRS), which screens quoted companies against prescribed best practices and standards. A review of the latest compliance report showed that Fidelity Bank sustains its highest-ranking rating of CG+, with shareholders and market pundits commending the high corporate standards of the bank. Head, Listings Regulation Department, NGX Regulation (NGXRegco), Mr. Godstime…

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Terrorists kill Katsina Gov’s aide, wife, abduct 28 others

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The liaison officer to Governor Umar Dikko Radda, Salisu Ango, has been killed by terrorists who stormed his residence in Gyaza village, Kankia Local Government Area, Katsina State. He was killed alongside his first wife, while his second wife was abducted during the attack. Ango, a former Chairman of the Nigeria Union of Teachers, Kankia Chapter was shot dead by the terrorists who invaded his home on Friday, August 16, 2024. In another incident of banditry in Kankia Local Government Area, terrorists on Saturday night reportedly carried out a raid…

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Jennifer Lopez files for divorce from Ben Affleck

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Two years after giving love a second chance by tying the knot, Jennifer Lopez has filed for divorce from Ben Affleck, US media reported Tuesday. The pair, who were nicknamed “Bennifer” when they first dated in the frenzied tabloid celebrity days of the early 2000s, had rekindled their relationship almost two decades later. But Lopez on Tuesday filed divorce papers at a Los Angeles court. A representative for Lopez declined to comment. Affleck’s publicist did not immediately respond to a request for comment. It was the fourth marriage for pop…

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Nigerian man faces 20-year jail for stealing $10m US unemployment fund

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Yomi Olaleye, a Nigerian man from Lagos State, faces the possibility of a 20-year prison sentence in the United States after being arrested for allegedly stealing $10m from COVID-19 employment relief funds. It was learnt that the suspect was arrested at the John F. Kennedy International Airport in New York City on August 13, 2024, on charges of conspiring to obtain the funds. The acting U.S. Attorney Joshua Levy, along with Special Agent in Charge Andrew Murphy of the U.S. Secret Service Boston Field Office, Special Agent in Charge Jonathan…

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NLC mobilises for nationwide strike over Ajaero’s invitation

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The leadership of Nigeria Labour Congress has asked its members to be ready to commence a nationwide strike if need be by midnight of Tuesday following the ongoing face-off between it and Nigeria Police. The labour centre said in a communique issued after its emergency National Executive Council in Abuja that it had directed all the state chapters and affiliates to mobilise workers for an indefinite strike from midnight if anything happened to the NLC President, Joe Ajaero, who was invited by the police for questioning over terrorism financing allegation.…

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Ajaero invited by police over terrorism charges, NLC holds emergency NEC meeting

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Comrade Joe Ajaero, President of the Nigeria Labour Congress, NLC, has been invited by the Nigeria police over terrorism allegations. An emergency National Executive Council, NEC, meeting has been summoned by the NLC over the police invitation. A circular dated August 19, 2024, entitled: “Notice of emergency National Executive Council (NEC) hybrid meeting, signed by the NLC General Secretary, Comrade Emma Ugboaja, invited all State Council Chairpersons and Secretaries, all Presidents and General Secretaries, all NAC members, and the NLC Youth Chairperson. It read: “I bring you fraternal greetings from…

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Lagos declares Tuesday public holiday in celebration of Isese Day

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To mark this year’s Isese Day celebration, Lagos State governor, Babajide Sanwo-Olu, has declared Tuesday, 20 August 2024, a work-free day. The declaration is contained in a circular titled “Commemoration of Year 2024 Isese Day – Declaration of Work Free Day”, which was issued on Monday by the state’s Head of Service, Bode Agoro. The circular said the holiday was declared to show Sanwo-Olu’s commitment to support traditional institutions, as well as enhance the preservation of cultural heritage. It, however, directed public servants to resume work on Wednesday, August 21,…

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UK varsities record 65% drop in deposits by Nigerian students

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The Financial Times of London has reported that payments by Nigerian students for the new academic session starting in September, this year, in universities in the United Kingdom have dropped by 65 per cent compared to last year. The report also indicated that payments by students from India also dropped by 44 per cent, compared to last August. The two nations are among the top three contributors to the League of International Students in the United Kingdom. The paper, quoting data from Enroly, a web platform used by one in…

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Davido’s father Adedeji Adeleke donates N1bn to church

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Father of Afrobeats star Davido, Adedeji Adeleke, has made a whopping contribution of N1 billion to the Centenary Endowment Fund of a Cherubim and Seraphim (C&S) Church in Lagos. The announcement was made during a thanksgiving service on Sunday at the church’s headquarters in Lagos, held in memory of his late mother, Esther Adeleke. Adeleke expressed that the donation was made in honor of his mother, the late Mrs. Esther Adeleke, who was a revered figure in the C&S Church. “On behalf of our late mother, senior mother in Israel,…

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Fight erupts in Abuja Church over alleged ‘alien practices from America’

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Police from the FCT Command reportedly fired tear gas to disperse Church members on Sunday following the outbreak of violence over what worshippers of a church in Abuja called legalisation of practices alien to christian culture. Sources said trouble started at the United Methodist Church, Durumi, when members engaged in a fight over the decision of the parent church, said to be based in America, to impose certain practices which the Abuja Church goers were not confortable with. “The parent church in the US legalised some practices that are not…

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