Photo story: Wema Bank wins Pearl Awards for Highest Dividends Yield, 2022

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Left to right: Chairman, Lasaco Assurance Plc & Former Board Member, PEARL Awards Nigeria., Chief(Mrs) Teju Philips; Deputy Managing Director, Wema Bank, Moruf Oseni; Chief Financial Officer, Wema Bank, Tunde Mabawonku; Reputation Management Officer, Wema Bank, Olumide Yomi-Omolayo; CEO, NASD OTC Securities Exchange Limited, Mr. Longe Eguarekhide, presenting the Pearl Award to Wema Bank as the winner of the 2022 Highest Dividend Yield at Eko Hotel and Suites last weekend. Share on: WhatsApp

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Terrorism: Troops intercept N15.5m cash being moved from Katsina to Zamfara terrorists

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N15.5 million cash being moved from Daudawa village in Faskari Local Government Area of Katsina State to terrorist groups in Zamfara State has been intercepted by troops deployed under Operation Hadarin Daji. Director, Defence Media Operations, Major General Musa Danmadami, who disclosed this, yesterday, said the huge amount of cash was intercepted during troops’ stop and search operation on November 17, 2022, adding that troops arrested 5 bandits collaborators at the community and recovered a vehicle and five mobile phones from the suspects. Danmadami disclosed that in an operation to…

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Senator sentenced to 42 years imprisonment for corruption

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Senator representing Uyo senatorial district, Senator Bassey Akpan, has been sentenced to 42 years imprisonment for corruption by the Federal High Court sitting in Uyo, Akwa Ibom State. Akpan, who is also the governorship candidate of the Young Progressive Party (YPP) in the state, was prosecuted by the Economic and Financial Crimes Commissíon (EFCC). He was sentenced yesterday by Justice Agatha Okeke of the Federal High Court on a six-count charge bordering on money laundering and receipt of exotic cars worth N204 million. Akpan, popularly known as OBA, has been…

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Buhari accuses governors of stealing LG funds, slowing growth

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  President Muhammadu Buhari has again come down hard on governors over what he said was their unbridled ill-treatment of the administration of resources at the local government levels, causing what he termed stunted development experienced at the third tier of government and unfair labelling of his administration at the grassroots. The President bared his mind yesterday after he delivered a speech at an event hosted for members of the Senior Executive Course 44 (2022) of the National Institute for Policy and Strategic Studies (NIPSS) at the Presidential Villa, Abuja.…

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Divorce: Kanye to pay Kim $200k monthly for child-support

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  Nearly two years after their split, the divorce proceedings between former Hollywood couple, Kim Kardashian and Kanye West is gradually nearing a final close. On Thursday, the reality TV star and rapper both reached a settlement. Their terms of settlement include joint legal and physical custody of their shared children, North West, 9, Saint, 7, Chicago, 4, and Psalm, 3. Both parents will contribute 50% each in covering their children’s medical, security and educational expenses. The rapper’s share in monthly child support amounts to $200,000 which will be paid…

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FG shifts blame for high poverty to State Governors

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The Federal Government of Nigeria, yesterday, attributed the prevailing high level of poverty in the country to the attitude of some governors who focus more on building flyovers and airports rather than improving lives of citizens in rural areas, in its first official response since the National Bureau of Statistics (NBS) disclosed two weeks ago that 133 million Nigerians, representing 63 per cent of the population are currently living in multi-dimensional poverty. Speaking after the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari at the Presidential Villa,…

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Coscharis Motors’ Customers to Access Premium Insurance Coverage from AIICO

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Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has partnered with AIICO Insurance Plc to embed insurance into its automobile sales. As a result, existing and prospective customers of Coscharis will continue to enjoy premium automobile after-sales service backed with risk protection from the underwriting company, guaranteeing peace of mind at a minimal cost from the moment they purchase any vehicle of their choice. Speaking at the launch, Mr. Abiona Babarinde, Coscharis Group’s General Manager, Marketing and Corporate Communication, “We have entered into this value-based collaboration in…

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Police arrests Native doctor for killing client as gunshot protection charm fails

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  Emmanuel Odo, a 23-year-old native doctor, has been arrested for allegedly killing his client, Benedict Onunze, while testing a gunshot-protection charm he prepared for him at Umuaram, Ikem, in Isi-Uzo Local Government Area of Enugu State. The Enugu State Police Command’s spokesperson, Daniel Ndukwe, said the native doctor, who killed his client, has confessed to the crime and has been arrested. The statement made available by Ndukwe read: “On 16/11/2022 at about 11pm, Police operatives serving in Isi-Uzo Police Division of the command, arrested Odoh Emmanuel (male and a…

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Over 260 Nigerian teachers migrated to Canada in 2022 —TRCN

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Prof. Josiah Ajiboye, the Registrar and Chief Executive Officer of Teachers Registration Council of Nigeria, said yesterday that over 260 Nigerians have migrated to Canada within the outgoing year. He also said the United Nations had hinted of its intention to sack some teachers and rather embark on mass recruitment of teachers from Nigeria. Prof. Ajiboye, who spoke at a one-day retreat on the state of education in Nigeria, organised by Education Correspondents Association of Nigeria, qECAN, in Abuja yesterday, lamented the berating of Nigerian education system by Nigerians. According…

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Inspector General of Police sentenced to three months imprisonment

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The Inspector General of Police, IGP, Usman Baba, has been sentenced to three months imprisonment by a Federal High Court sitting in Abuja, over alleged refusal to obey a sister court judgment reinstating a police officer, Patrick Okoli, who was compulsorily retired. Rights group, Human Rights Writers Association of Nigeria (HURIWA), yesterday, said a Federal High Court order committing the Inspector General to a three-month imprisonment must be obeyed with immediate effect. It called on the IGP to surrender himself straightaway to the correctional centre in Kuje and not treat…

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