News Archives

Delta monarch abducted, N15m ransom demanded

Jun 5, 2018 topnews

The traditional ruler in Ogodor Kingdom, Aniocha North Local Government Area, Delta State, His Royal Majesty, Sunday Olisewokwu, has been abducted by suspected herdsmen. The monarch, who is in his 40s and is the Chairman of Aniocha North Local Government Traditional Rulers’ Committee, was kidnapped by herdsmen numbering about seven between Ezi and Onicha-Olona communities last Sunday evening. The abductors, who asked for N15 million ransom, have threatened to kill the monarch if the ransom was not paid at 6p.m. yesterday. Family sources confirmed the incident, disclosing that two guards…

Fidelity Bank MD assures stakeholders on increased returns

Jun 4, 2018 topnews

Mr. Nnamdi Okonkwo, Managing Director/Chief Executive, Fidelity Bank, has assured shareholders that the bank will capitalize on growth opportunities in the Nigerian economy, to deliver better returns in 2018. Speaking at the bank’s 30th Annual General Meeting, AGM, in Lagos, Okonkwo said the bank would continue to focus on redesigning its systems and processes to enhance service delivery, just as it will deepen cost optimization initiatives to reduce operating expenses and cost-to-service. While shedding light on the evolving dynamics in the financial services industry, Okonkwo noted that the bank…

Police invite Saraki, Kwara governor for questioning over Offa bank robbery

Jun 4, 2018 topnews

President of the Senate, Dr. Bukola Saraki and Kwara state governor, Abdulfatah Ahmed, were yesterday invited by the Police Force headquarters in Abuja to answer questions rela noting to what the Police referred to as allegations indicting them from confessions of five gang leaders arrested for participation in the April 5 Offa bank robberies and killings of 33 innocent persons. The Police said the five gang leaders in the Offa bank robbery which left a bloody trail, that claimed the lives of nine (9) police officers, volunteered statements that they…

Economy experiences remarkable improvement since introduction of Import & Export Forex Window -FirstBank CEO

Jun 4, 2018 topnews

Mr. Adesola Adeduntan, the Chief Executive Officer, First Bank of Nigeria Limited, has said that since the introduction of the Importers’ and Exporters’ (I and E) foreign exchange (FX) window, the economy has witnessed remarkable improvement in FX inflows and an upsurge in capital importation. This, he said has also strengthened the Central Bank of Nigeria (CBN) capacity to maintain naira exchange stability. Adeduntan, who disclosed this in Lagos at the Financial Times Nigeria Summit tagged: “Dispelling Uncertainty and Building Resilience,” stated that in the last one year, I&E FX window has played an instrumental role in stabilising…

Lady strangled to death for refusing sex with driver

Jun 3, 2018 topnews

Abiodun Idowu, a 40-year-old driver in a pure water factory, has been arrested by men of Ogun State Police Command for allegedly strangling to death a female accountant in the same factory, Abimbola Hamzat while attempting to rape her. The Police Public Relations Officer in the State,Abimbola Oyeyemi in a statement, said the incident occurred on Tuesday, May 29, 2018. Oyeyemi said the Police got hint of the incident following a complaint by one Owolabi Moses at Onipanu divisional headquarters that the suspect had been disturbing the deceased for love…

FG approves upward review of Excise Duty on alcoholic beverages, tobacco

Jun 3, 2018 topnews

The upward review of the excise duty on tobacco and alcoholic drinks has been approved by President Muhammadu Buhari to take effect from Monday, 4th June, 2018. The President has also granted a grace period of 90 days (three months) to all manufacturers before the commencement of the new excise duty regime. There is however no increase in excise duty of other locally excisable products. The Minister of Finance, Mrs. Kemi Adeosun, who disclosed this in Abuja, stated that the new excise duty rates were spread over a three-year period…

60-year-old man stabs daughter to death

Jun 3, 2018 topnews

A 60-year old father, Mr. Cletus Aguluka has been arrested and detained for stabbing his 20-year-old daughter, Onyinye, to death in Osikwu-Awgbu, in Orumba North Local Government Area of Anambra State. Aguluka, who is being detained by the police, allegedly killed the deceased around 1am on Saturday while she was fast asleep. After committing the offence, Aguluka escaped through a window behind his house on sighting members of the community’s vigilante group who drove into the compound and removed the remains of the deceased amidst wailings from the villagers.…

GTBank – Lagos State Principals Cup Season 9 Enters Group Stage

Jun 3, 2018Jun 3, 2018 topnews

The draws for the 2018 Principals Cup football competition held at the Corporate Head Office of Guaranty Trust Bank on Thursday 31st May 2018. The season began on April 17, 2018 with zonal preliminaries which featured 594 Teams from 335 Schools in the male and female categories. The competition is open to Schools from the 6 educational districts in Lagos State. A total of 586 matches were played during the zonal preliminaries with 1,448 goals scored. Thirty Two (32) of these teams – 16 each from the two categories qualified…

Hon Gbajabiamila Donates 30 New Buses, 160 Motorcycles, 25 Tricycles To Surulere Constituency

Jun 2, 2018 topnews

The glitter and gloss of bullion blocks pale to the radiance of Honourable Femi Gbajabiamila. Indeed, the politician wear his political strength and savvy like a badge of honour, on his chest; shining it with sweat, as true virtuous men do. He stands tall, wading through odds with the courage of a knight and confidence of a champion. Unlike the proverbial warrior who lives to sing the song of his own deeds and derring-do, Femi remains impressively humble and immune to conceit, treading a rare path to acclaim thus, attracting honour…

Nigeria’s World Cup kit sells out on first day

Jun 2, 2018 topnews

Nigeria may not be favourites for the World Cup, but they seem to have won fans over with their new kit for Russia. Three million people pre-ordered replica shirts, according to the Nigeria Football Federation, and shoppers queued outside Nike’s flagship store in London on Friday to try to get their hands on the clothing. The home and away shirts, priced at £64.95, were sold out on the sportswear giant’s website soon after they were released. Arsenal’s Alex Iwobi is among the players who modelled the kit, which was first…