News Archives

GTBank Food and Drink Festival kicks off tomorrow

Apr 27, 2019 topnews

This year’s Food and Drink Festival organised by Guaranty Trust Bank (Gtbank), showcasing 300 food entrepreneurs is set to kick off tomorrow and will run for four days this year. Managing Director of the bank, Segun Agbaje, disclosed this yesterday at a press conference held in Lagos. Launched in 2016, the initiative has become a premier culinary event in Africa, bringing together thousands of people from across the continent and beyond, to support and celebrate Nigeria’s vibrant and burgeoning small businesses in the food retail sector. Over the last three years, the festival…

24-hour curfew imposed on Kajuru, Chikun councils over fresh violence

Apr 27, 2019 topnews

Three people were feared killed and several others injured, in a fresh violence that rocked Kasuwan Mangani community in Kaduna State. The development forced the state government to impose a 24-hour curfew on Kajuru Local Government Area in order to forestall an escalation of crisis in the area. In its reaction to the latest security threat in the state, Senior Special Assistant to Governor Nasir El-Rufai on Media and Publicity, Samuel Aruwan, said the imposition of curfew on Kajuru was to avert any further breakdown of law and order and…

Artisan arrested for selling six-week-old twins for N500,000

Apr 26, 2019 topnews

Police in Benin city, Edo state, have arrested a 26-year-old bricklayer, Kenneth Ofoke, for allegedly selling his six-week-old twin babies for half a million naira. The suspect, who hails from Eboyi State, was said to have sold the infants in Port Harcourt, Rivers State. Ofoke was among suspects paraded by the Edo State Commissioner of Police, Mohammed DanMallam, for alleged involvement in various crimes. The police said the suspect had sold four babies before he was arrested, adding that he sold the twin babies for N500,000, and the other two…

Ecobank reiterates commitment to Sustain Impressive Performance

Apr 26, 2019 topnews

Mr. Emmanuel Ikazoboh, the Chairman of Ecobank Transnational Incorporated (ETI), parent company of all Ecobank subsidiaries, has assured stakeholders that efforts are being intensified to sustain the positive performance recorded by the financial institution going forward. Ikazoboh stated this while presenting the bank’s 2018 financial report at the 31st annual general meeting (AGM) held in Lome, Togo. After posting a loss in 2016, ETI bounced back into profit in 2017 and consolidated on that performance in 2018 by growing its profit after tax by 46 per cent to N136 billion.…

The Average Nigerian Business Pays 48 Taxes – Tony Elumelu

Apr 26, 2019 topnews

Tony Elumelu, Chairman and founder of Heirs Holdings has revealed that the average Nigerian business pays 48 taxes. The UBA Chairman who decried the plight of the average Nigerian entrepreneur, saying that an average business was a local government authority providing his own electricity, water and waste disposal method, called for a far-reaching tax reforms and an urgent need to pass the executive tax bill. Tony Elumelu who revealed that the average Nigerian business pays 48 taxes while delivering a keynote address at the 21st annual tax conference of the…

Gateman declines house parting gift for borehole in his community

Apr 25, 2019Apr 25, 2019 topnews

Musa Usman, a gateman, who has served an Indian National for 25 years, has declined a house offered to him as parting gift, requesting for a borehole for his community instead. Usman, who hail from Giljimmi, a Fulani settlement in Birniwa local government area of Jigawa state, lives with his family in a thatch house. Usman, who served the Managing Director of Jawa International Limited, a pharmaceutical company in Lagos, Mr. Verghese for 25 years, left the services of his boss in order to reunite with his family in the…

Scientists validates Corn husk in malaria treatment

Apr 25, 2019 topnews

The husk extract fractions of corn/maize (Zea mays) has been confirmed by scientists to possesses antimalarial and anti-plasmodial activities. This justifies its use in ethno-medicine to treat malaria infections. Botanically called Zea mays, corn or maize belongs to the plant family Poaceae. Husk (or hull) in botany is the outer shell or coating of a seed. It often refers to the leafy outer covering of an ear of maize (corn) as it grows on the plant. Literally, a husk or hull includes the protective outer covering of a seed, fruit,…

Father arrested for attempting to sell his two children

Apr 25, 2019 topnews

Police in Calabar, Cross River State, have arrested a 30-year-old man, Essien Inyang, for attempting to sell his two children. An eyewitness, Clement Edet, who informed the police, said the suspect took his two children, a boy and a girl to Murray Street to look for a rich buyer. He said Inyang asked for a particular rich man living in that street to sell the children to him. Edet said they were surprised by what the man said and to stop him from taking the children elsewhere to sell they…

NMA faults Ngige for saying Nigeria has more than enough doctors

Apr 25, 2019 topnews

The Nigerian Medical Association, the National Association of Resident Doctors, the Socio-Economic Right and Accountability Project and human rights groups on Wednesday faulted the statement credited to the Minister of Labour and Employment, Dr Chris Ngige, that the country had enough medical doctors. Ngige, had on Channels Television’s Sunrise Daily on Wednesday, said doctors who felt they wanted to relocate in search of greener pastures were free to do so as the nation had enough medical personnel. Ngige had, while responding to a question on brain drain and the deliberate…

Woman wakes from coma 27 years after

Apr 25, 2019 topnews

In a miraculous turn of event, a woman from the United Arab Emirates (UAE) who was seriously injured in a traffic accident in 1991 has made a recovery after emerging from a 27-year-long coma. Munira Abdulla, who was aged 32 at the time of the accident, suffered a severe brain injury after the car she was travelling in collided with a bus on the way to pick up her son from school. Omar Webair, who was then just four years old, was sitting in the back of the vehicle with…