Category: News

FirstBank: A triumphant Return to the Nigerian Banking Frontline

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*The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels, writes FESTUS AKANBI* By December this year, Nigerian quoted companies will begin to upload their full year 2022 results in compliance with the dictates of the principle of disclosures to regulators, investors and customers as enshrined in the act of Corporate Governance.…

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Police arrest three nurses over alleged removal of dead child’s body parts

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Three nurses at a private hospital have been arrested by operatives of the Delta State Police Command in Asaba, over the alleged removal of the eyes, nose and ear of a deceased newborn baby. It was learnt that the hospital had released the deceased child on Sunday after he was confirmed dead by a paediatric, but was, however, brought back, yesterday, by the parents who alleged the removal of the human parts. A source at the hospital said: “The parents brought the child to the hospital on Sunday evening, immediately…

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Ex-convict arrested for robbery, rape of Kwara undergraduates

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A notorious criminal, Ridwan Abdulfatai aged 20, has been arrested by the police from the Kwara State Command on yesterday, for allegedly robbing and raping of some female students of the Kwara State University, Malete, in the Moro Local Government Area of Kwara State. Abdulfatai who had been in and out of prison, before his present arrest, confessed to his nefarious activities which led to the arrest of his gang members which include Ibrahim Akorede (25) and Aliyu Apalado (25), all from the Oke Fomo area, Ilorin. In a press…

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N1bn worth of tramadol seized at Lagos airport

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A total of 2,465,000 tablets of tramadol 225mg and 250mg weighing 2,356kg, smuggled through the Murtala Muhammed International Airport, Ikeja, Lagos State, has been intercepted by the National Drug Law Enforcement Agency. The NDLEA spokesperson, Femi Babafemi, in a statement on Sunday, said the seizure, which took place on Friday, was worth N1,040,000,000 in street value. This is coming barely a week after about 13.5 million pills of the same opioid worth over N8.8bn were recovered by operatives of the NDLEA from one of the mansions of a billionaire drug…

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2023: Obasanjo denies endorsing Tinubu

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Olusegun Obasanjo, Nigeria’s former President, has dismissed as fake news, a viral message where he was quoted as endorsing the political prowess of All Progressives Congress, APC, presidential candidate, Asiwaju Bola Tinubu and disparaging the military. Obasanjo in a viral WhatsApp message was quoted to have said: “I am not a politician; I am a decorated soldier, an army general. If you are looking for thorough bred politician of masters class, visit Lagos Bourdillon, there you’ll find one…” Reacting to the claim through his Special Assistant on Media, Kehinde Akinyemi,…

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Two arrested for killing 40-yr-old man for ritual

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Police operatives in Ogun State have arrested two suspected Internet fraudsters popularly call ‘Yahoo boys’, for killing a 40-year-old man, Abdullahi Azeez, and cutting him to pieces. The command’s Public Relations Officer, SP Abimbola Oyeyemi,  who disclosed this in a statement in Abeokuta, the state capital, named the suspects as Friday Abinya Odeh, 21, and Poso Idowu, 20 years. He said the suspects were arrested following a report lodged at Owode Egba divisional headquarters on June 9, 2022 by relations of the victim, who reported that the victim left his…

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Chimamanda receives Harvard’s highest honour

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Chimamanda Ngozi Adichie, award-winning Nigerian author, has been decorated with the iconic W.E.B. Du Bois Medal from Harvard University.  The award ceremony was held at the Sanders Theatre, Memorial Hall at Harvard University campus in Massachusetts, on Thursday, marking a return of the event after a nearly three-year hiatus due to the COVID-19 pandemic.  Introducing Chimamanda as one of the honourees, Tracy Kaysmith, a faculty member in the department of English, African and African American Studies, described her as one of the most celebrated writers of our time. “Chimamanda is…

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Over 50m Nigerians are mentally ill -psychiatrists

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Psychiatrists have raised the alarm that one in four Nigerians, that is over 50 million Nigerians, are suffering from one mental disorder or the other. Also, they said about 75 per cent of those who need mental health care do not have access to it, as Nigeria has only 300 psychiatrists to treat about 200 million people, adding that Africa has one psychiatrist for every 500,000 inhabitants, which is 100 times less than the World Health Organisation’s (WHO) recommendation. Every year since 2013, WHO has organised a global campaign for…

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Dangote trucks, 21 others impounded for smuggling foreign rice

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23 trailers including Dangote trucks were impounded by the Nigeria Customs Service, Ogun 1 Area Command, for being loaded with foreign rice, hidden within bags of cement. The Area Controller, Bamidele Makinde, disclosed this in idi-Iroko, Ipokia Local Government, Ogun State, on the achievements of the command in the third quarter of the year. While speaking on the Dangote trucks seized, Makinde said preliminary findings have shown that the trucks were not owned by the company, but were being operated by individuals who transport cement on franchise agreement with the…

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Scammers allegedly stole $100 million cryptocurrency from Binance

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Cryptocurrency worth about $100 million was stolen by scammers from Binance, the world’s biggest exchange for crypto assets, the firm said on Friday. The total stolen was $580 million, but company chief Changpeng Zhao said roughly 80 percent had been frozen immediately, and the damage had been limited to less than $100 million. He tweeted that “an exploit” in the system led to extra production of the exchange’s dedicated currency, BNB, but insisted the issue had been “contained” and told his seven million followers: “Your funds are safe.” It is…

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