Jackie Appiah Allegedly Dating Nigerian Actor Bolanle Ninalowo

Award Ghanian actress, Jackie Appiah and Nigerian actor Bolanle Ninalowo are alleged to be in an amorous relationship. According to an inside source, the two movie stars have been spotted together several times in South Africa and Nigeria. However, tongues are seriously wagging that the beautiful actress is having an affair with the Nigerian actor. … Read more

MTN, StarTimes Partner On Special Bundle

StarTimes Nigeria has partnered MTN Nigeria to offer mobile internet subscribers on the network a special data bundle for StarTimes ‘ON’ mobile app.   With the video streaming bundles on StarTimes ‘ON’ App, MTN subscribers can now enjoy unlimited entertainment and video on demand (VOD) service at a cheaper data price than any other network … Read more

Oando Posts N28.8 PBT

Oando Plc has recorded a N28.8 billion Profit-After-Tax (PAT) in its audited account for the year ended December 31 , 2018, representing a 46 percent increase from the N19.8 billion recorded in 2017.   A review of Oando’s results shows positive performance across most of its financial indices; reaffirming the company’s concerted efforts and commitment … Read more

FMDQ Lists Access Bank’s N15bn Green Bonds

FMDQ OTC Securities Exchange, yesterday, admitted Access Bank Plc’s N15 billion green bonds for trading on its platform.   The five-year, 15.5 percent, Fixed Rate Senior Unsecured Green Bond due 2024, is the pioneer climate bonds standard certified corporate green bond issued in Africa.   The proceeds from the issuance will be used to finance/re-finance … Read more

Man Steals Tricycle Parked From Maroko Police Station

Lagos Housekeeper Sued By Briton Granted N1m Bail

  A 24-year-old tricyclist, Simon Offum, who allegedly stole a tricycle valued N1.2 million parked at Maroko Police Station, was yesterday brought before an Igbosere Magistrates’ Court, in Lagos. Offum, a resident of Golden Pearls Estate, Sangotedo, Lagos, is facing a two-count charge of stealing and breach of the peace. It was alleged that the … Read more

Nigeria Burns N10trn On Petrol Subsidy

Against the backdrop of the bad state of Nigeria’s refineries, the country may have spent about N10 trillion in the provision of pump price subsidy on imported petroleum products from 2006 to 2018.   A research report by BudgIT, a public finance focused Non-Governmental Organisation, NGO, said this amount came from the price shocks in … Read more

2 Prophets Force Housemaid to Swallow Iron Cross for Deliverance From Witchcraft

Lagos Housekeeper Sued By Briton Granted N1m Bail

  A Celestial Church prophet, Kehinde Salami, 25 and a prophetess, Yetunde Akinola, 42, have been remanded on the orders of an Ikeja Chief Magistrate’s Court for allegedly forcing a 16-year-old housemaid to swallow an iron cross for spiritual cleansing. The defendants, who lived in Adeyemi Street, Ifako Ijaiye in Lagos, are standing trial on … Read more

Motorcyclist Beats Man to Death

Lagos Housekeeper Sued By Briton Granted N1m Bail

An Ebute Meta Chief Magistrate’s Court in Lagos, yesterday, remanded a motorcyclist, Ibrahim Awwal, in prison for allegedly beating a man to death. Chief Magistrate O.O. Olatunji remanded Awwal, 20, in Ikoyi Prisons and ordered that the case file should be sent to the Lagos State Director of Public Prosecutions, DPPs, for advice. Earlier, the … Read more

Sigma restates commitment to prompt resolution of complaints

The Senior Business Development Manager (West) of Sigma Pensions Limited, Mr. John Igiehon, has reiterated the firm’s commitment to prompt resolution of complaints from contributors.   Igiehon spoke in Akure, Ondo State, at a sensitisation forum for retirees and prospective retirees in Ondo and Ekiti states, noting that contributors should not hesitate in pointing out … Read more

Man Steals Lover’s Properties Threatens to Publish Her Nude Pictures

Lagos Housekeeper Sued By Briton Granted N1m Bail

  Thirty-year-old Gerald Offordile allegedly stole his lover’s properties then threatened to publish her nude pictures on social media if she doesn’t give him $2,000. Offordile, who was docked before a Lagos Magistrate’s Court sitting in Igbosere, resides at 17/19 Matthew Osamiran Street, Ologolo Village, Lekki, Lagos, and is facing a seven-count charge preferred against … Read more

World Bank Partners African On Insurance For Farmers

World Bank Cries Out Again Alarming Poverty Rate In Nigeria, Reveals Solution

IFC, a member of the World Bank Group, has signed an agreement with Africa Reinsurance Corporation(Africa Re) to help thousands of small holder Nigerian farmers to access insurance more easily to protect their crops and livelihoods.   Under the agreement, Africa Re, a pan-African reinsurance company headquartered in Nigeria, and IFC’s Global Index Insurance Facility … Read more

Brokers Lament Poor Nigerians’ Insurance Culture

  Nigerian Council of Registered Insurance Brokers, NCRIB, has frowned at Nigerians poor attitude towards insurance and dependence on government for compensation after a major incident or disaster.   Executive Secretary of NCRIB, Mr. Fatai Adegbenro, noted that insurance is the best form of risk transfer mechanism, adding that government cannot pay compensation the way … Read more

Insurance Companies Have Till July 31 To Submit Financial Reports To NSE

  The Nigerian Stock Exchange(NSE) has extended the deadline for quoted insurance companies to submit their 2018 financial results, following their transition to the International Financial Reporting Standard, IFRS 9.   This gives the insurance companies till July 31 to submit their results against the statutory time frame of June 30 every year.   The … Read more

CAN’s visit to Buhari: Ayokunle didn’t represent the Church, says NCEF

  THE National Christian Elders Forum, NCEF, has dissociated itself from the recent congratulatory visit to President Muhammadu Buhari on his victory at the election, describing the visit as subjudice, as the determination of who won the 2019 general election is still before the court. A statement by the group’s President, Elder Solomon Asemota(SAN), said … Read more

LAWMA gets recycling facility

The Lagos State Government has acquired and commissioned a briquette-making facility, donated by the Ecological Fund Office(EFO), for waste recycling. Receiving the facility, Lagos Waste Management Authority(LAWMA) Consultant on Business Development, Mr. Bode Fanimo affirmed the commitment of the agency to making judicious use of the facility by providing solution for agro-forestry waste. Fanimo, who … Read more

NECA lauds Buhari for refusing assent on National Housing Fund Bill

Buhari

Nigeria Employers’ Consultative Association, NECA, yesterday, praised President Muhammadu Buhari for declining assent to the National Housing Fund (Establishment) Bill 2018 sent to him by the National Assembly. NECA, in a statement, said the body was very happy that President Buhari directed that the Bill be returned to the National Assembly for amendment of the … Read more

Building Collapse: Lagos Accommodates 138 IDPs, Expects More

Lagos State government has received and accommodated 138 internally-displaced persons, IDPs, created by building collapse and the ongoing demolition of distressed buildings at the State Emergency Management Agency, LASEMA, Resettlement Centre, Igando, Alimosho Local Government Area of the state. The other resettlement camp at Agbowa, Ikorodu area of the state, was yet to be opened … Read more