Category: News

According to the CEO, the appointment of Mr. Aigbe as the Divisional Head, Brand and Communications is part of the concerted efforts to realign the communications function of the bank to the strategic vision of being number one in select markets. “We welcome him to the Fidelity Bank family. We will work together, leveraging on our combined experiences to actualize all our growth initiatives and grow the Fidelity brand,” Okonkwo said. A thoroughbred professional with vast experience, Mr. Aigbe was Divisional Head, Marketing and Corporate Relations at United Bank for…

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Mrs Adaoha Ugo-Nnadi, Managing Director of Ontario Oil and Gas Limited was yesterday sentenced to 10 years imprisonment by Justice Lateefa Okunnu of an Ikeja High Court for defrauding the Federal Government of N754 million in oil subsidy transactions. It would be recalled that Walter Wagbatsoma, Ugo-Nnadi’s co-defendant and the Chairman of Ontario Oil and Gas Limited were not present in the court for the sentencing. Wagbatsona however, is currently detained in the United Kingdom on charges relating to a £12 million National Health Service (NHS) Trust fraud. The sentence…

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Four members of the notorious kidnapping gang who abducted five students and three members of staff of the Turkish School, Isheri  have been arrested and the sum of N1.2 million being part of the ransom collected, recovered from one of them, the Police Force Headquarters Abuja has revealed. Force Public Relations Officer, Acting Commissioner of Police, Don Awunah gave the names of the suspects as Bekewei Agbojule, aka “Prince Yellow”, Philip Joel Kakadu, aka “General Kakadu,” a militant leader, Romeo Council, aka “Raw” and Totki Okoda, (the informant) who resides…

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Chuddy Ugorji, top Guider and first initiator of the  popular ponzi scheme, mavrodi mondial moneybox, MMM, has reportedly fled the country with his wife, Amaka to the Philippines. Indications suggest that Mr. Chuddy fled because perhaps he knows MMM might not be able to pay its participants again. This is coming days after over 2 million participants of the scheme are still not able to get the money they invested in the scheme even after it claimed to have resumed full time. Recall that the ponzi scheme had blocked the…

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Following a foiled attempt to arrest Apostle Johnson Suleiman of the Omega Fire Ministries Worldwide, yesterday, Ekiti State Governor Ayodele Fayose has challenged the security agencies in the country, especially the DSS, to tell Nigerians how many of the Fulani herdsmen that killed thousands of Nigerians across the country have been arrested. The pastor was alleged to have preached against Islamizing Nigeria and allegedly asked members of his church in Auchi, Edo State to resist killings by suspected Fulani herdsmen, who he alleged were targeting Christians for decimation. Security report…

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Asiwaju Bola Ahmed Tinubu, has urged the Federal Government to bring Nigeria out of the throes of recession by urgently reviewing its monetary policies. Tinubu spoke on Wednesday as a guest lecturer at the National Defence College Course 25 lecture, titled, “Strategic Leadership: My Political Experiences.” He argued that Nigeria’s current inflation rate of 18 per cent was unbearable and Nigerians were suffering for it. The APC chieftain, who urged the Federal Government to “stimulate this economy,” said the decline of oil prices seemed to be a long-term phenomenon and…

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Senator Yele Omogunwa (APC Ondo South), has asked the country’s senate to legalise corruption, in spite of it being one of the major problems confronting one of Africa’s largest economies. Senator Yele Omogunwa spoke during plenary on Wednesday while contributing to the upper chamber’s debate on the 2017 budget. Noting that pass federal budgets have had little or no impacts on the Nigerian people because of pervasive corruption, the senator stated that legalising and liberalising it would be better. Omogunwa was elected a senator on the platform of the People’s…

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