LAGOS.02.06.23. Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. The Bank in its audited full-year …
Read More »FORMER PRESIDENT BUHARI SUBMITS ASSETS DECLARATION FORM, SHOWS ZERO DEBT.
Former President Muhammadu Buhari has submitted his assets declaration forms to the Code of Conduct Bureau, CCB, in line with Chapter 6 of the constitution. The CCB today issued an acknowledgement receipt. The completed declaration shows that his movable assets did not increase, at home in Nigeria or outside and …
Read More »AIICO Insurance Company In Trouble Over Breach Of Contract
A Lagos-based legal practitioner, Chief Abdullai Tony Dania, has slammed N12,987,343.42 suit on AIICO Insurance company over an alleged breach of contract. According to a further and better affidavit sworn to by litigation manager, Mr. Abimbola Mayowa, in the office of Chief Abdullai Tony Dania’s counsel, the plaintiff entered into an insurance policy contract …
Read More »Nigerians face hardship after fuel prices surge
Motorists queuing at a filling station Photo: Stanley Ogidi Fuel prices have almost tripled across Africa’s most populous nation after newly elected President Bola Tinubu announced Monday that subsidies were “gone”. This has triggered an increase in transportation costs, sending food prices soaring while electricity has become more costly for …
Read More »Wema Bank SME Business School Trains 250 SMEs in Benin City
L-R: Arthur Nkemeh; Head SME Banking,Wema Bank; Ms Debora Enakhimion; Permanent Secretary Office of the Secretary to State Government; Edo state; Tunde Mabawonku; Executive Director Digital and Retail Banking, Wema Bank; Mrs Violet Obiokoro- Managing Director; Edo State Skills Acquisition Agency (Edo Jobs); Osa Abbe (Assistant Director, Debt Management Office, …
Read More »Fuel subsidy: Drivers of Uber, Bolt, others seek 200% review in fares
Uber Bolt drivers Drivers with App-Based Transport companies including Uber, Bolt, Lagride, Indriver and others have called for urgent review their price upward by 200 per cent. They also was the companies to set minimum trip fare at N2, 000 naira. The drivers, who made the demand under Amalgamated Union …
Read More »Nigeria’s Fight Against Corruption Under Threat As Senate Amends ICPC Act To Whittle Down Powers Of Commission’s Chairman
The Senate has whittled down the powers of the Chairman of the Independent Corrupt Practices and Other Related Offences Commission and the Commission following the amendment of the ICPC Act 2000. The actions of the Senate, according to findings are not unconnected with the prevention of corruption through the constituency …
Read More »Alleged N4bn Fraud: I’m Not Under EFCC Probe, Says Fayemi
The immediate-past Governor of Ekiti State, Dr Kayode Fayemi, has refuted the claim that he was under probe by the Economic and Financial Crimes Commission (EFCC) over an alleged N4bn fraud. In a statement issued on Friday by the Head of the Fayemi Media Office, Abuja, Mallam Ahmad Sajoh, …
Read More »Corruption Scandal Rocks NSITF Management As Staff Unions Threaten National Strike
Nigerian Social Insurance Trust Fund Building The Nigerian Social Insurance Trust Fund (NSITF) led by Managing Director/ Chief Executive Maureen Allagoa is being rocked by corruption and nepotism allegations involving top executive management members. The allegations of corruption and nepotism by top management are contained in a letter addressed to …
Read More »Dog lover tackles Hilda Baci, Enioluwa for cooking, eating dog meat
Photo Credit: Hilda Baci (Instagram) Chef Hilda Baci and influencer, Enioluwa have incurred the wrath of a dog lover for allegedly turning her ‘babies’ into a delicacy. The lady who identified herself as Jackie Idimogu, President of My Dog and I group, expressed a feeling of betrayal considering that …
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