Category: News

Why I chose Okowa over Wike -Atiku

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Atiku Abubakar, Peoples Democratic Party (PDP) presidential flag bearer, has said Okowa’s choice as his running mate was a very difficult decision in view of the fact that the other two persons whose names were submitted to him were equally qualified. He made this known at the party’s national caucus meeting attended by three other governors and other prominent leaders of the party. On Tuesday, a committee set up by Iyorchia Ayu-led National Working Committee (NWC) met and voted 16-3 in favour of the Rivers State governor, Nyesom Wike. After…

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FIRSTBANK gets $150m facility from Afreximbank to support businesses in Nigeria

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African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The funding was provided under Afreximbank’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Afreximbank’s US$150 million financial support will be accessible to FirstBank customers that are involved in the manufacturing and importation of products and equipment required to combat the COVID-19 pandemic, as well as initiatives to rehabilitate hospitals and strengthen diagnostic and testing capacity. The loan will also be used for…

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Woman arrested for selling sister’s child for N600,000

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A five-year-old girl sold for N600,000 to an undisclosed buyer in Imo State has been rescued by police in Rivers State. The child was said to have been kidnapped from Omagwa community in the Ikwerre Local Government Area of Rivers State after she went missing on May 20, 2022. The state Commissioner of Police, Friday Eboka, disclosed this while parading 30 suspects arrested for various crimes at the police headquarters in Port Harcourt on Wednesday. Eboka said the suspects would be charged to court at the conclusion of investigations. The…

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Lovers under drug influence strip naked in Lagos

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Two suspected lovers were spotted by residents walking naked around the Victoria Garden City, Ajah area of Lagos State. It was gathered that the lovers were walking around the estate unclad when residents alerted the estate management and security guards. “They are walking inside VGC, I kid you not, this is not a joke,” a resident who filmed them said in a video clip posted on the Instagram page of a television station. It was learnt that some representatives of the estate mobilised to the location and accompanied the couple…

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Man rapes neighbour’s 16-year-old daughter, commits suicide

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A Lagos resident identified only as Kayode, has committed suicide after his neighbour’s daughter accused him of raping her twice at their house in the Oja-Amukoko area of Lagos State. It was gathered that the victim’s mother, who had a stroke, was taken to the Ikorodu area for treatment. The suspect, who was put in care of the 16-year-old at home, was said to have taken advantage of her. Her father said she accused Kayode of raping her twice, adding that he also seized her phone to prevent her from…

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Ritual killings: Muslims protest against labelling ‘Alfas’ as ritualists in Osun

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Islamic scholars coalition and organisations, yesterday, protested rampant cases of ritual killing in Iwo land, Osun State and alleged labelling of their clerics, also known as Alfas as ritualists. They argued that not everyone who has long beard or wears trousers that do not touch the ankle of the legs is an Alfa. They stressed the need for necessary inquiries to be made before one could be identified as Alfa, adding that many, who had been arrested in connection with ritual killings may not be real Muslim clerics (Alfas). The…

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140 suspected internet fraudsters arrested by EFCC in Lagos

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140 suspected internet fraudsters otherwise called yahoo boys, have been arrested by operatives of the Economic and Financial Crimes Commission, EFCC, in Ikorodu area of Lagos state. The arrests, as gathered, were made in separate sting operations at two popular hotels in Ikorodu, following credible intelligence on the suspects’ alleged involvement in internet-related fraud. However, four of the suspects, according to the EFCC Head, Media and Advocacy, Wilson Uwujaren, were released as no incriminating item was found on them. He said the suspects were between 16 and 40 years, adding…

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FG declares Monday public holiday in celebration of Democracy Day

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The Federal Government has declared Monday, June 13, a public holiday with activities lined up for the celebration of this year’s Democracy Day (June 12). The President Muhammadu Buhari administration had in 2018 declared the 12th of June every year as Democracy Day, in honour of the late presumed winner of the annulled June 12, 1993 election, Moshood Abiola. The Minister of Information and Culture, Lai Mohammed, yesterday, in Abuja, noted that in compliance with the presidential directive, activities lined up for the celebration include a public lecture at the…

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ISWAP behind Owo church attack – FG

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The Islamic State, West African Province (ISWAP), has been identified by the Federal Government as being responsible for the attack at St. Francis Xavier Catholic Church, Owo, Ondo State that led to death of about 40 persons last Sunday. Speaking at the end of the National Security Council meeting presided over by President Muhammadu Buhari at the State House, Abuja, Minister of Interior, Rauf Aregbesola, said security agencies were already on the trail of the culprits. While noting that their imprints have been ascertained in the attack, he, however, said…

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Squad by GTCO: Reshaping the Nigerian Payment Space Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency

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Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards cashless thereby creating entirely new business models and solutions built around payments. Given the key role digitalisation plays in the financial lives of many people today, electronic payments are at the core of the payment ecosystem. As is the case with all things economic, Nigeria remains a most attractive market. Over the past years, we have seen largely foreign investors…

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