The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has asked Stanbic-IBTC Bank to pay a fine of N120 million over failure to reverse failed transaction of one of its customer, Clement Osuya, The Tribunal also ordered the bank to pay the sum of N1 million as cost of filing the action to Osuya. The tribunal gave the order while saying that the bank contravened the provisions of Section 130(1)(a) of the FCCP Act, 2018 and Section 5(2)(8) and (9) of the Central Bank of Nigeria Regulation on Instant Interbank Electronic Transfers with failure to reverse the failed transaction…
Author: Lilian Azuh
Multichoice Nigeria, organizers of the Big Brother Naija, (BBNaija) reality TV show, has announced that the 8th edition of the show will premiere on July 23, 2023. The organizers said housemates will battle for the grand prize for 70 days; from July 23 till October 1. The winner of this year’s edition will walk away with the grand prize of N120 million among other consolidation prizes. As a reward for fans this season, the organisers added that 30 fans also have the opportunity of winning N1 million each. Ebuka Obi- Uchendu is returning again as the host of the show,…
The High Court of the Federal Capital Territory has dismissed the case against the former governor of Imo State, Rochas Okorocha by the Economic and Financial Crimes Commission. Justice Yusuf Halilu, while delivering judgment, described the EFCC’s charges of fraud and abuse of office against former Governor of Imo State, Rochas Okorocha, as an abuse of judicial process on the grounds that the anti-graft agency had filed a similar charge against the defendant at the Federal high court.
Founder and General Overseer of The Lords Chosen Charismatic Revival Ministries, Pastor Lazarus Mouka’s Wife, Joy Mouka is Dead. Recall that Pastor Lazarus remarried the second wife after the loss of his first wife. Sources said Joy died after protracted illness. Details Later.
In a bid to extend its tentacles by building cities and communities creating a soft landing for low-income earners to become homeowners across the country; leading Real estate firm, Adron Home and Properties has launched a new estate named Snowfall Park and Gardens Estate in Jos; Plateau State in the North Central Region of Nigeria. During the grand opening of the estate by the Group Managing Director of Adron Homes; Aare Adetola Emmanuel-King, he divulged that Adron Home is not relenting in his oars in taking over the real estate business with affordable housing in Nigeria. The real estate mogul…
Groundnuts are rich in protein, fat and various health nutrients. In fact, they are classified as oilseeds and a good source of protein. Peanuts are immensely rich in B vitamins, Calcium and potassium which offer you with lots of health benefits. It’s versatile taste has been inseparable part of several culinary cultures. Here’s the seven health benefits of eating groundnuts daily can give to the body the much needed nutrition. 1: Groundnuts contains vitamins and minerals such as Vitamin E. 2: Groundnuts are rich in calories, but a moderate intake daily can improve overall health. 3: Moderate intake of groundnuts…
Meet Engineer Titus from the town of Numan, the first man to build a transparent house after an altercation with his landlord. In a jaw dropping display of innovation and defiance. He single- handedly constructed the world’s first transparent house, leaving experts and onlookers astounded.
Nigerian top singer, David Adeleke popularly known as Davido, has constantly been in the limelight not only for his successful music career but also for his philanthropic gestures. His foundation, Davido Charity Foundation for Orphanages has donated the sum of N237m to 424 Orphanages and Paroche Reach Out Foundation for the Prevention of Drug Abuse. The donation represents the 2022 annual Davido Birthday Gift to Orphanages.
President Bola Ahmed Tinubu on Wednesday in Abuja assured Nigerians that the framework for palliatives to remedy the effects of fuel subsidy removal is being worked out, explaining that the decision to phase out the subsidy was taken in the best interest of the country. He said the decision would guarantee future prosperity. President Tinubu gave the assurance when he received members of Class 1999 Governors who paid him a courtesy visit at the Presidential Villa. 18 of the former governors were present at the Council Chambers where the President met them. President Tinubu and Secretary to the Government of…
The Lagos State Governor, Mr Babajide Sanwo-Olu, has congratulated literary giant and Nobel Laureate, Prof. Oluwole Soyinka, on the occasion of his 89th birthday. Governor Sanwo-Olu in a congratulatory message issued on Wednesday by his Chief Press Secretary, Mr Gboyega Akosile, described Prof. Soyinka as “a quintessential scholar and literary icon who has used his position and experience to contribute positively to literature, academics and governance globally.” Prof. Soyinka, a 1986 Nobel Prize in Literature winner and the first sub-Saharan African to be honoured in that category, will clock 89 on Thursday, July 13. Governor Sanwo-Olu said Prof. Wole Soyinka…