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Author: Lilian Azuh
Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum of N72 billion. The bank said it believe that the judgment is perverse and cannot stand the test of time. It also noted that it would vigorously challenge same, and remain confident that it can reverse this judgment at the higher courts. Sources from the bank stated that the instant suit was an action filed in 2018 for the…
The much talked about in Town LANDMARK NIGERIA has been officially Launched in Lagos today August 1 2023 at the Classical Eko Hotel and Towers, Victoria Island Lagos Nigeria. Addressing the Media before unveiling the Platform the Managing Consultant/CEO Resau Citation investment Mr Sanusi Oluwatosin said the new Business Platform is aimed at improving real estate transactions across the country. The young entrepreneur continues that the new Platform seeks to transform the real estate industry in Nigeria making property ownership more accessible, affordable and transparent to all. He said with the launch of Land Market Nigeria,the company is also aiming…
Anambra native Chidozie Nwangwu, also known as “Akwa Okuko Tiwaraki,” who was abducted, has been released. On Saturday, his release was verified by DSP Tochukwu Ikenga, the Anambra State Police spokesperson. In the early hours of Saturday, Ikenga claimed that Nwangwu, the native doctor was freed from kidnappers. Akwa Okuko Tiwaraki was abducted, On July 23, about 11:30 p.m., from his Triple P Hotel in Oba, Idemili North Local Government Area of the state. Ikenga claimed, “I have knowledge that his kidnappers have contacted friends and family and demanded some millions,” before releasing him. Nwangwu, shared his experience with supporters and loved ones that…
President Bola Ahmed Tinubu has approved the appointment of Ajuri Ngelale as Special Adviser to the President on Media and Publicity. Ngelale, who was Senior Special Assistant for Public Affairs in the Presidency in the immediate past government, worked in the office of ex-Vice-President Yemi Osinbajo. Willie Bassey, Director, Information in the Office of Secretary to the Government of the Federation, who announced the appointment said it takes effect from 31st July, 2023 and would terminate at the end of this administration unless otherwise decided by the President. “The President urges him to bring his wealth of experience to bear…
It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop in the value of the Naira against the Dollar. This has led to skyrocketing fuel prices, affecting the costs of other essential commodities and services, including food items, transportation, education, and healthcare.This increased economic burden falls on the citizens. It has significantly impacted the lives of Nigerians, leading to calls…
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the financial services sector. It has contributed immensely to the development of the small and medium enterprises (SME) sector yet pays dividends to the shareholders. Last year, it took the market by surprise by declaring a dividend of 50k per share which had not happened in previous years. The massive investment…
By Barasa Ashura, Kenya Whenever Primate Ayodele gives warnings to presidents, especially in Africa, I wonder what comes to their minds or what they think about the warnings from this prophet. There is no way they won’t get these warnings because of the media reach of Primate Ayodele but consistently, they have just chosen to walk in the path of obstinacy for reasons best known to them but harmful for the African continent. Primate Ayodele doesn’t even ask them for anything, he doesn’t ask them to even meet him and he has said several times that he doesn’t like politicians…
The 2023 Nestlé Sustainability training themed ‘Nestlé Advancing Nutrition, Health and Environmental Awareness Through the Media’ delivered annually by the Lagos Business School Sustainability Centre (LBSSC) came to a close with an in-person session on July 26th – 28th 2023. The three-week intensive programme for journalists and media practitioners working on the thematic areas of nutrition, health, and environment was an exposition on data analysis, sustainability trends and solution journalism. It equipped the media professionals with a profound understanding of the relationship between the environment and food systems which is needed to enhance their ability to communicate to the Nigerian populace on best…
The Neo Africana Centre has described as tendentious and ludicrous the prediction by The Economist Intelligence Unit (EIU) that the Presidential Election Petition Court (PEPC) will not upturn the victory of Bola Tinubu in the February 25 presidential election. The Centre said such a tendentious reading of the proceedings in the PEPC is lazy and contrived as it is not supported by logic or common sense. The public policy think tank said it painstakingly went through the report by EIU but regretted that it could not find where the body adduced any reason to support its prediction. It said what…