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Celebrities / Breaking!!! The Sun Newspaper Vice Chairman, Dimgba Igwe Is Dead by Julius48: 2:26pm On Sep 06, 2014
Report reaching ICON Weekly has it that the Vice-Chairman of The Sun Newspapers, Mr. Dimgba Igwe is dead.


READ MORE: http://www.iconweekly.com/breaking-the-sun-newspaper-vice-chairman-dimgba-igwe-is-dead/

Politics / Breaking!!! The Sun Newspaper Vice Chairman, Dimgba Igwe Is Dead by Julius48: 2:18pm On Sep 06, 2014
Report reaching ICON Weekly has it that the Vice-Chairman of The Sun Newspapers, Mr. Dimgba Igwe is dead.


READ MORE: http://www.iconweekly.com/breaking-the-sun-newspaper-vice-chairman-dimgba-igwe-is-dead/

Politics / Breaking!!! Oyakhilome’s Brother, Rev. Ken Impregnates South African Member by Julius48: 11:32pm On Aug 31, 2014
The crisis rocking the Christ Embassy Church is about to get messier as The Nigerian Times can reveal that Rev. Ken Oyakhilome, younger brother of Pastor Chris Oyakhilome, founder of the Church has also been accused of fornication and adultery.

Last week, reports emerged in the media that Rev. Anita, wife of the charismatic and ‘pastorpreneuer,’ popularly known as Pastor Chris, had filed for divorce in the UK, citing ‘adultery’ and ‘unreasonable behaviour.’ As the news made the round, it was met with disbelief by members of the Christ Embassy Church who revere Pastor Chris and were in the dark on the marital crises facing the couple.

Now the scandal may even get worse. Pastor Chris’ younger brother, known in the Church circle as Rev. Ken, was alleged to have impregnated a South African lady, name withheld, a member of the Church in Randburg, Guateng, which is the headquarters of Christ Embassy, South Africa. Rev. Ken, used to be the regional pastor of Christ Embassy in charge of South Africa until a few years when he was transferred to the branch of the church in Texas, USA.
The Nigerian Times’s sources say the romance between Rev. Ken and the member was an open secret among members of the Church in South Africa and the alleged pregnancy of the lady was said to have ruffled feathers among the top echelons of church but was hushed in order to prevent a scandal. The lady, according to sources, aborted the child with the knowledge of leaders of the church.

READ MORE: http://www.iconweekly.com/breaking-oyakhilomes-brother-rev-ken-impregnates-south-african-member/

Religion / Breaking!!! Oyakhilome’s Brother, Rev. Ken Impregnates South African Member by Julius48: 11:03pm On Aug 31, 2014
The crisis rocking the Christ Embassy Church is about to get messier as The Nigerian Times can reveal that Rev. Ken Oyakhilome, younger brother of Pastor Chris Oyakhilome, founder of the Church has also been accused of fornication and adultery.

Last week, reports emerged in the media that Rev. Anita, wife of the charismatic and ‘pastorpreneuer,’ popularly known as Pastor Chris, had filed for divorce in the UK, citing ‘adultery’ and ‘unreasonable behaviour.’ As the news made the round, it was met with disbelief by members of the Christ Embassy Church who revere Pastor Chris and were in the dark on the marital crises facing the couple.

Now the scandal may even get worse. Pastor Chris’ younger brother, known in the Church circle as Rev. Ken, was alleged to have impregnated a South African lady, name withheld, a member of the Church in Randburg, Guateng, which is the headquarters of Christ Embassy, South Africa. Rev. Ken, used to be the regional pastor of Christ Embassy in charge of South Africa until a few years when he was transferred to the branch of the church in Texas, USA.
The Nigerian Times’s sources say the romance between Rev. Ken and the member was an open secret among members of the Church in South Africa and the alleged pregnancy of the lady was said to have ruffled feathers among the top echelons of church but was hushed in order to prevent a scandal. The lady, according to sources, aborted the child with the knowledge of leaders of the church.

READ MORE: http://www.iconweekly.com/breaking-oyakhilomes-brother-rev-ken-impregnates-south-african-member/

Religion / Breaking!!! Oyakhilome’s Brother, Rev. Ken Impregnates South African Member by Julius48: 10:55pm On Aug 31, 2014
The crisis rocking the Christ Embassy Church is about to get messier as The Nigerian Times can reveal that Rev. Ken Oyakhilome, younger brother of Pastor Chris Oyakhilome, founder of the Church has also been accused of fornication and adultery.

Last week, reports emerged in the media that Rev. Anita, wife of the charismatic and ‘pastorpreneuer,’ popularly known as Pastor Chris, had filed for divorce in the UK, citing ‘adultery’ and ‘unreasonable behaviour.’ As the news made the round, it was met with disbelief by members of the Christ Embassy Church who revere Pastor Chris and were in the dark on the marital crises facing the couple.

Now the scandal may even get worse. Pastor Chris’ younger brother, known in the Church circle as Rev. Ken, was alleged to have impregnated a South African lady, name withheld, a member of the Church in Randburg, Guateng, which is the headquarters of Christ Embassy, South Africa. Rev. Ken, used to be the regional pastor of Christ Embassy in charge of South Africa until a few years when he was transferred to the branch of the church in Texas, USA.
The Nigerian Times’s sources say the romance between Rev. Ken and the member was an open secret among members of the Church in South Africa and the alleged pregnancy of the lady was said to have ruffled feathers among the top echelons of church but was hushed in order to prevent a scandal. The lady, according to sources, aborted the child with the knowledge of leaders of the church.

READ MORE: http://www.iconweekly.com/breaking-oyakhilomes-brother-rev-ken-impregnates-south-african-member/

Nairaland / General / Chisco Transport Boss, Chidi Anyaegbu In Alleged Adultery Mess With Job Applican by Julius48: 1:26pm On Aug 29, 2014
A 33 year old applicant Chineye Chinwuba, who turned down the relationship advances of Chidi Anyaegbu, the Chief Executive Officer of Chisco Transport Limited, was yesterday, brought before an Igbosere Magistrate’s court, over alleged threat to life.
The defendant, who is facing a one count charge, preferred against her by the police, was docked before Magistrate Nike Olagbende.
The prosecutor supol Agustine Onwuemene, told the court that the defendant, committed the offence, between November 2013 and August 20, 2014, at about 4pm, at 15 Ruxton road at Ikoyi area of Lagos.

READ MORE: http://www.iconweekly.com/chisco-transport-boss-chidi-anyaegbu-in-alleged-adultery-mess-with-job-applicant/

Celebrities / Chisco Transport Boss, Chidi Anyaegbu In Alleged Adultery Mess With Job Applican by Julius48: 12:45pm On Aug 29, 2014
A 33 year old applicant Chineye Chinwuba, who turned down the relationship advances of Chidi Anyaegbu, the Chief Executive Officer of Chisco Transport Limited, was yesterday, brought before an Igbosere Magistrate’s court, over alleged threat to life.
The defendant, who is facing a one count charge, preferred against her by the police, was docked before Magistrate Nike Olagbende.
The prosecutor supol Agustine Onwuemene, told the court that the defendant, committed the offence, between November 2013 and August 20, 2014, at about 4pm, at 15 Ruxton road at Ikoyi area of Lagos.

READ MORE: http://www.iconweekly.com/chisco-transport-boss-chidi-anyaegbu-in-alleged-adultery-mess-with-job-applicant/

Politics / Pastor Oyakhilome’s Wife Finally Files For Divorce In London Court, Alleges Adul by Julius48: 12:24pm On Aug 29, 2014
The dissolution of the marriage between Christ Embassy Church founder, Pastor Christian Oyakhilome, and his wife, Rev. Anita Odegwa Oyakhilome, has entered the final phase, we can report. The wife is seeking divorce on the grounds of “unreasonable behaviour” and “adultery”. She outlined several allegations against the pastor which we cannot publish for legal reasons. The divorce case, with Suit No FD14D01650, was filed on April 9, 2014 at Divorce Section A, Central Family Court, First Avenue House, High Holborn, London, UK, on Anita’s behalf by Attwaters Jameson Hill Solicitors, a full-service law firm with expertise in commercial law and a strong consumer focus in family, wills and estate, personal injury law and medical negligence.

Read more: http://www.iconweekly.com/pastor-oyakhilomes-wife-finally-files-for-divorce-in-london-court-alleges-adultery/

Celebrities / Pastor Oyakhilome’s Wife Finally Files For Divorce In London Court, Alleges Adul by Julius48: 12:05pm On Aug 29, 2014
The dissolution of the marriage between Christ Embassy Church founder, Pastor Christian Oyakhilome, and his wife, Rev. Anita Odegwa Oyakhilome, has entered the final phase, we can report. The wife is seeking divorce on the grounds of “unreasonable behaviour” and “adultery”. She outlined several allegations against the pastor which we cannot publish for legal reasons. The divorce case, with Suit No FD14D01650, was filed on April 9, 2014 at Divorce Section A, Central Family Court, First Avenue House, High Holborn, London, UK, on Anita’s behalf by Attwaters Jameson Hill Solicitors, a full-service law firm with expertise in commercial law and a strong consumer focus in family, wills and estate, personal injury law and medical negligence.

Read more: http://www.iconweekly.com/pastor-oyakhilomes-wife-finally-files-for-divorce-in-london-court-alleges-adultery/

Religion / Pastor Adeboye Erects Nmulti-million Estate In Home Town -may Retire In 2016 by Julius48: 10:24pm On Aug 24, 2014
Pastor Enoch Adejare Adeboye of the Redeemed Christian Church of God, RCCG, is secretly and quietly planning for his retirement. The reverential pastor with scientific mind has started building a retirement home for himself in his ancient village, Ifewara, Osun State, according to findings.
The ongoing housing project is a sprawling estate with a church auditorium, pastors’ quarters and other housing homes. Work actually began on the site over a year ago and it is expected that in the next one year the estate would be ready for accommodation.
Located on several hectares of land, the estate, according to Society People’s findings, when completed will serve as Adeboye’s retirement home which insiders say may be in 2016, though he already has a mansion that is not very far from the new site.

READ MORE: http://www.iconweekly.com/pastor-adeboye-erects-nmulti-million-estate-in-home-town/

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Celebrities / Pastor Adeboye Erects Nmulti-million Estate In Home Town -may Retire In 2016 by Julius48: 9:08pm On Aug 24, 2014
Pastor Enoch Adejare Adeboye of the Redeemed Christian Church of God, RCCG, is secretly and quietly planning for his retirement. The reverential pastor with scientific mind has started building a retirement home for himself in his ancient village, Ifewara, Osun State, according to findings.
The ongoing housing project is a sprawling estate with a church auditorium, pastors’ quarters and other housing homes. Work actually began on the site over a year ago and it is expected that in the next one year the estate would be ready for accommodation.
Located on several hectares of land, the estate, according to Society People’s findings, when completed will serve as Adeboye’s retirement home which insiders say may be in 2016, though he already has a mansion that is not very far from the new site.

READ MORE: http://www.iconweekly.com/pastor-adeboye-erects-nmulti-million-estate-in-home-town/

Politics / Ondo State Gov. Mimiko Finally Decamps To Pdp by Julius48: 11:10pm On Aug 22, 2014
Ondo state governor, Dr Olusegun Mimiko on Friday formally declared his intention to dump the Labour Party and join the Peoples Democratic Party (PDP).

The governor informed members of his cabinet and close political associates in a chain of meetings which took place on Friday at the Government House in Akure.

Also confirming the development, Femi Fani-Kayode tweeted: “Glad to see that my friend Gov. Segun Mimiko has left the Labour Party and returned back to the PDP. Welcome back home brother.”

READ MORE: http://www.iconweekly.com/ondo-state-gov-mimiko-finally-decamps-to-pdp/

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Business / Use Uba Atms, Pay ₦0thing! by Julius48: 10:27pm On Aug 22, 2014
Zero Naira Transaction Fee. This is what applies to all United Bank for Africa (UBA) Plc customers who decide to use the bank’s ATMs. They will pay nothing. Zero.

UBA has one of the widest network of ATMs and business offices across the country. This means most of its customers have access to an ATM close to their location, no matter where they are in Nigeria.

UBA also operates in 18 African countries outside Nigeria, and also has presence in New York, London and Paris.

The CBN recently issued a directive on the introduction of N65 ATM cash withdrawal transaction fee, which will come into effect from September 1, 2014.

This fee will be applied, when a Cardholder uses his or her Card on another Bank’s ATM. The fee will however be applied after the customer is allowed three free withdrawals per month. On the fourth withdrawal from another bank’s ATM, the customer will be subject to a N65 transaction fee per withdrawal.

UBA Cardholders will not be subject to this N65 fee, as long as they use the bank’s ATM, no matter how many transactions they engage in on UBA ATM.

To ensure UBA customers do not have a reason to use other bank’s ATM, the bank has put in place strategies to ensure that all its ATMs are always up, no matter the time of the day or location.

UBA ATMs offer customers options beyond the usual cash withdrawal. Customers can do other transactions including; pay bills, top-up airtime on their phones or for someone and send money to another bank account within UBA or to any other bank.

The UBA Group is a highly diversified financial services provider, one of the largest financial institutions in Africa, with business offices in New York and Paris and a subsidiary in London. The bank controls significant market share in 19 different African countries.

The Group has a strong retail penetration across the African continent with more than seven million customers who enjoy a bouquet of products and services tailored to meet their different financial needs and backed by a cutting edge e-banking platform that offers secured and convenient real-time online banking services.

Politics / 2015: The Builder, Gov. T. A Orji Eyes Senate by Julius48: 8:40pm On Aug 20, 2014
Confirmed informing reaching ICON Weekly has it that executive Governor of Abia State who Abians refer to as the “Builder”, Chief Theodore Ahamefule Orji is heading for the senate at the end of his tenure as the number one citizen of the State, hoping to represent Abia Central Senatorial District at the National Assembly.
This much we gathered that the Campaign team of the hardworking Governor created a facebook page on Wednesday August 20, 2014 with the name: T.A Orji - Ochendo for Senate, Abia Central Senatorial District.

READ MORE: http://www.iconweekly.com/2015-the-builder-gov-t-a-orji-eyes-senate/

Politics / Gov. Orji Blasts Okorocha, Says Apc “does Not Exist In Abia” by Julius48: 9:42am On Aug 20, 2014
Abia State Governor, Chief Theodore Orji, has said the opposition All Progressive Congress ( APC) , can not win a polling booth in the state in the 2015 general elections as the party ” does not exist in Abia”.

Governor Orji who was reacting to a recent boasting by Governor Rochas Okorocha of Imo State who said APC would take over Abia in 2015, said Okorocha is suffering from acute malaria even as he advised him to seek medical examination.

Okorocha who represented by his Deputy, Prince Eze Madumere, had while addressing a stakeholders’ meeting of the South East chapter of APC held in Umuahia , said APC would sack PDP from the seat of power in the state come 2015

In a statement by his Chief Press Secretary, Mr. Charles Ajunwa, Governor Orji reminded the Imo State Governor that “Imo people are still regretting their mistake of 2011 when he was voted into power under false pretense as a political messiah which he has proved not to be”.

Governor Orji told Okorocha that most of his “policies and programmes which are neither here nor there have rather taken Imo State backwards” while he parades himself as a progressive leader.

” Your rescue mission has failed to rescue Imo and how do you think you can deceive Abians with your political rhetoric and gimmicks? People are now wiser, your tricks in 2011 cannot work for you again. Stop deceiving yourself because South-east has no space for you and your APC in 2015″.

The Governor also told Okorocha to ” stop wasting Imo resources on his imaginary Vice – Presidential ambition but instead deploy them on projects that will benefit the ordinary man as exemplified in Abia “, adding that “very soon it will dawn on Okorocha that he has travelled deep into a political wilderness accompanied by sycophants who will soon desert him.”

He said that contrary to Okorocha’s propaganda, his PDP – led administration in Abia has posted some undeniable legacy projects across the state which “the likes of Okorocha will never be able to achieve.”

He therefore, advised the Imo Governor to fight for his political survival as his abysmal performances so far in office has proved him to be a disappointment rather than the messiah he claimed to be.

Governor Orji assured that in 2015 PDP would replicate the victory it recorded in 2011 when it was overwhelming voted by the people of the state and South-east at large based on the antecedents of its candidates which they have continued to consolidate on.
Politics / Alex Otti Has Not Declared His Candidacy For Abia 2015 Election -diamond Bank by Julius48: 8:18pm On Aug 16, 2014
Diamond Bank Plc has reacted to a report that their Group Managing Director/CEO, Dr. Alex Otti is contesting the Abia State gubernatorial election under the platform of the People’s Democratic Party (PDP), come 2015. In its response, the bank debunked the report saying that it’s not true. Read the release made available to us:

“Recently, there have been several reports in the print and electronic media that the Group Managing Director/CEO Diamond Bank Plc, Dr. Alex Otti has formally declared his intent to contest Abia State gubernatorial election under the platform of the People’s Democratic Party (PDP). Since then we have received several phone calls from people wanting to know if the media reports are correct.

For the avoidance of doubt, and to put the records straight we want to state as follows:-


READ MORE: http://www.iconweekly.com/our-gmd-dr-alex-otti-has-not-declared-his-candidacy-for-abia-2015-gov-elction-diamond-bank/
Celebrities / Re: Lesbianism Takes Over Uniben Secondary School by Julius48: 6:49am On Aug 16, 2014
Willzkid: there is no uniben model secondary school...lie, lie , lie

Uniben and ubth both have schools.
Uniben, sec n pri
ubth, only pri
Celebrities / Top Politician Pastor, Tunde Bakare Splashes N2.3bn On Lagos G.r.a. Mansion by Julius48: 10:28pm On Aug 15, 2014
Information at ICON Weekly’s disposals has it that vibrant and eloquent preacher who doubles as a politician, Pastor Tunde Bakare, General Overseer of Latter Rain Assembly has completed a monstrous mansion in the heart of Lagos with a touch of a master class.

Located on Sasegbon Street, G.R.A, Ikeja, the luxury private edifice is sited on about one acre of land and named Amazing Grace Villa. Those who should know said the pastor has secretly moved into the giant building, though he has another home inside Ikeja. This development is said to be under wraps as it was alleged that he is keeping this from the prying eyes of the media and that of his church members.

The building is said to have set back his fat account with the tune of N2.3 billion (two billion, three hundred thousand naira).


READ MORE: http://www.iconweekly.com/top-politician-pastor-tunde-bakare-splashes-n2-3bn-on-lagos-g-r-a-mansion/

Celebrities / Lesbianism Takes Over Uniben Secondary School by Julius48: 10:14pm On Aug 15, 2014
The University of Benin Model Secondary Schools one of the best schools in Benin City set up to tackle the fall in the standard of Education in the state seem to be turning into something else if the series of report and investigations oozing out of the school is anything to go by.
The school which used t be one unrivaled centre for solid educational impartation seems to be on the downward swing with teachers and pupil turning to a new vogue in the sexual level.
Investigations by this magazine confirmed that the school has now transformed from solid academic matters to solid sexual matters with the females becoming high class lesbians that does it among themselves and with their female teachers. Of mention is this mathematics mistress who is said to be one great mum to the young girls and has not stopped teaching the young girls the rudiments of what most of the student there called 'SUPE'.

READ MORE: http://www.iconweekly.com/lesbianism-takes-over-uniben-secondary-school/

Celebrities / Antp Elders Pass Vote Of Confidence On Victor Ashaolu by Julius48: 7:07pm On Aug 15, 2014
…. As Lere Paimo accepts Chairmanship, ANTP Incorporated Trustees

On Wednesday, August 13, 2014, the Association of Nigeria Theatre-Arts Practitioners (ANTP) Elders met at the private residence of the Chairman, ANTP-Incorporated Trustees, Chief Lere Paimo (MFR), in Ibadan, Oyo State after his acceptance of the position and perusal the so-called aggrieved ANTP members demand of Ashaolu’s removal and thus gave him (Ashaolu) a clean health of bill and also passed vote of confidence on Victor Ashaolu on his leadership style and acumen, in the running of the affairs of the Association.

The ANTP Elders also abided into-to with the resolutions and decisions taken at the 2014 ANTP 4th quadrennial delegates conference held on Friday, July 11, 2014 at Orange Hotels, Bolorunduro, Ilesa, Osun State being a legally and constitutionally conference, for it is ANTP constitution that stipulated 4- to -4 years for the conference, as the last one was actually held on February 26, 2010, but has to be shifted to July 2014 because of the long period of almost three and half years that the litigation lasted, before the Association secured its victory in Court on January 30, 2014 before Justice M.O. Bolaji Yusuf.

The ANTP Elders also commended and praised the delegates conference resolutions and decisions on burning issueslike Tenure – by regarding the period spent on the litigation as crises and transition period, as the elected officers should now be regarded as just starting their 1st tenure in office from LG Chapters to National level till July 2018 and in particular, also, on finance -as they directed the National President (Ashaolu), the newly elected National General Secretary (Mr. Najeen Tijani Kapor) and the elected Treasurer (Mrs. Abiola Ayeni Adejumo) to go and open an account for the Association, as soon as all the outstanding elections are completed, in other not to create confusion and mixed up in the account. Also, that the National President, should prepare all the income and expenditure’s Account that might have been spent or received in the name of the Association by him, for proper accountability and to also on availability of fund, set-up a proper office Administrative setting and look for a better office accommodation, with consultation with the National Working Committee and for the National Executive Council’s approval.


READ MORE: http://www.iconweekly.com/antp-elders-pass-vote-of-confidence-on-victor-ashaolu/

Politics / Abdulfatah Ahmed’s Silent Transformation Of Kwara State by Julius48: 11:57am On Aug 15, 2014
-Three years of Sustained Prosperity In The State of Harmony

-Three years of Sustained Prosperity

- Why He Deserves a Second Term

- As More & More Groups Endorse Him For 2nd Term

If impact is the measure of good governance, then Governor Abdulfatah Ahmed has excelled since becoming the sixth Executive Governor of Kwara State in 2011. From roads, education, agriculture, energy and health to youth empowerment and SME promotion, His Excellency, Dr. Ahmed has made governance meaningful by delivering its benefits to the people.

Banker, chemist and politician, Governor Ahmed brings to his job an inspiring vision of Kwara State, passion for high performance and a strong determination to create new opportunities for prosperity. Moreover, in demonstrating the benefits of continuity, the Senior Advocate of Teachers has strengthened hope in representative democracy and in governance.

Under Shared Prosperity, Governor Ahmed has implemented several life-transforming programmes such as the innovative Kwara Bridge Empowerment Scheme, KWABES, under which the government has employed 5,000 youths including 2,000 civil servants. The expanded Empowerment Scheme, QuickWin, has seen the engagement of 5,200 youths in the first phase with a total of 8200 youths targeted for empowerment in 2014. Also empowered are 41,000 small business owners, 100 transporters and 47 artisan groups that have benefitted from the N640 million in micro-credit disbursed under the Kwara Entrepreneurship Scheme since 2012.

In the education sector, ground-breaking educational reforms have been upscaled and infrastructure enhanced with construction and rehabilitation of 400 classrooms at primary and secondary school levels, and the introduction of free education at senior secondary school levels. The jewel in the education sector’s crown, the International Vocational Centre, Ajasse-Ipo, is affiliated with City and Guilds of London and poised to fill middle-level manpower gaps while establishing Kwara State as the hub for vocational skills in the sub-region.

In the health sector, government has supplied drugs and equipment to 13 general hospitals and 43 primary health centres as well as remodeled Ilorin, Offa, Omu-Aran, Share and Kaiama General Hospitals to state-of-the-art hospitals. The Community Health Insurance Scheme, through which enrollees receive year round healthcare for N500, has been extended to 80,000 beneficiaries and has been adjudged as one of the most successful by the United Nations.

To achieve its target of ensuring access to clean water within 500-metre radius, the state government has rehabilitated 17 waterworks spread across the state, sunk about 400 boreholes and it is on the verge of completing the Ilorin Water Reticulation Project, which will bring pipe-borne water to all homes in the metropolis.

For these laudable policies and programmes, Governor Ahmed has won recognition from several quarters. These include Global Excellence Award for Best Governor in Northern Nigeria (2011); City People’s Best Governor, North Central 2011; African Leadership Magazine’s Outstanding Agricultural Development Icon of the Year 2011; BusinessDay Best Governor in Agriculture 2013; City People Best Governor in Youth Empowerment 2013; NUT Best Governor in Education 2013, and HOG Governor of the Year 2013. We present an overview of performance in the key sectors


READ MORE @: http://www.iconweekly.com/abdulfatah-ahmeds-silent-transformation-of-kwara-state/

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Business / Alex Otti’s Whiz-bang Theory! – How He Repositioned Diamond Bank In 3 Years by Julius48: 8:40am On Aug 11, 2014
+ Why Bankers Eye The Pace-setting Financial Institution

Dr. Alex Otti who is the Group Managing Director and Chief Executive Officer of Diamond Bank Plc, of one of Nigeria’s leading financial institution, Diamond Bank Plc has been able to carve a niche for himself in the banking sector.

The intellectual banker and quintessential leader who, after graduating with a first class degree and as the best graduating student in his set at the university has been making strides for others to follow.”

No doubt, Otti’s tenure extension is in recognition and appreciation of the impact his leadership has had on the bank since March 2011.

In his first three years, Dr. Otti focused on steadying the bank which was reeling from the effects of the global financial crises of 2008/2009, had declined in size, and lost market share to competition. The bank was also confronted with the challenge of raising additional capital to meet the new Capital Adequacy Ratio required for the “International Banking License” issued by the Central Bank of Nigeria.

These efforts have started to pay off. In 2012, International Finance Corporation, IFC, invested $70 million in Tier II capital after an extensive due diligence exercise on the bank. Financial performances in 2012 and 2013 show that the bank has regained market share leading to its being named as one of the 8 systemically important banks by the CBN. The bank is also back to profitability after the loss of over N16 billion declared in 2011 financial year occasioned by non-performing loan write-offs, and write down in the value of assets. The business of the bank is now more sustainable and the bank believes it will continue to build on the hard work that generated profits of N28.36 billion and N33.25 billion in 2012 and 2013 respectively. In his short stint, he has overseen the doubling of the assets of the bank which stood at over N1.3 trillion in December 2013, and has redefined the image of the bank from a conservative stodgy outlook to a more vibrant business partner for individuals, small businesses and big corporates. In 2013, he guided the bank to establish physical presence in London with the opening of a UK office, venturing outside West Africa for the first time and signifying its intent to achieve global relevance in the future. The board is pleased to note that as at end of March 2014, Diamond Bank is one of few international banks with profitable subsidiaries in all countries where it has presence.

Just as the name suggests, Diamond Bank is a precious stone; hence, treats its staffers in a very special way. The bank over time has shown that it is a special breed in the financial sector.

Investigation revealed that the bank’s welfare packages, salaries for its staffers vis-à-vis other financial institutions in Nigeria is unbeatable.

We gathered that the bank shares its annual profits with its workers, even with the DSAs (Direct Sales Agents)

Further digs shows that as at 2013, the lowest in the staff ladder received N180, 000 (One hundred and eighty thousand naira). In the first quarter of 2014, N150, 000(One hundred and fifty thousand naira) was paid to the least ranking staff. We were authoritatively informed that the decrease in figure was as a result of payments made to Shareholders.

Also, information at our disposal revealed that the Bank pays its contract staff a monthly salary of N67, 000 (Sixty Seven Thousand Naira) which is the highest in the industry.

Again, the bank’s least ranking staffer earns N3.4 Million annually; the highest you can get in the sector.

Dr. Otti, who is also the Chairman of Committee of Bank CEOs in Nigeria, has over 25 years industry experience in the Nigerian Banking Sector, having started his career in Citibank in 1989.

He started his banking career with Nigeria International Bank Limited, a subsidiary of Citibank N.Y. in 1989 where he worked in the Operations Department. He subsequently moved on to Nigerian Intercontinental Merchant Bank Ltd (now Intercontinental Bank Plc).

At Intercontinental, he was at various times in the Treasury and Financial Services and Corporate Banking Divisions. In 1992, he joined the then Societe Bancaire Nigeria Ltd (Merchant Bankers), a subsidiary of Banque SBA Paris. He left as Senior Manager in 1996. Towards the end of 1996, he moved to United Bank for Africa Plc as Principal Manager, heading Corporate Banking Sector, South. His major responsibility was the development of the Oil and Gas businesses for the Bank. In the year 2000, he was promoted Assistant General Manager.

In May 2001, he joined First Bank of Nigeria Plc as an Assistant General Manager with responsibility for Energy Group. In April 2004, he was promoted Deputy General Manager. In September 2005, Alex Otti was appointed Executive Director in First Bank Nigeria Plc. As Executive Director, he started as Head of Commercial Banking and subsequently, Head of the Regional Businesses in the South-Southern and South-Eastern Geo-Political Zones comprising over 180 branches.

As a result of his leadership style and giant strides, the Public Policy Research and Analysis Centre, PPRAC, at an event organised recently, honoured the Bank’s boss with the 2013 Zik Leadership Prize. This, Otti won in the Professional Leadership category.

Politics / Senator Hope Uzodinma In Hiv & Forgery Mess! by Julius48: 8:08am On Aug 11, 2014
Nze Ebubeagu Ekenulo is an activist, a businessman, with interests, in real estate publishing and car hire service.
In this interview, Ekenulo spoke on how Senator Hope Uzodinma infected his wife, Ukachi Ekenulo a.k.a Ukachi Amaechi, a former member of Imo State House of Assembly with HIV plus how the Senator forged his West African Examination Council (WAEC) and Federal University Technology Owerri (FUTO) certificates. Excerpts…
…………………………………………………………………………………………………………………

So where do you operate from Owerri?

I have an office in Lagos; I have been in Lagos all my life. That was where I grew up, I also went to school in Lagos. But my car hire service operates from PortHacourt, Lagos and Abuja and I have few of those cars in Owerri.


Do you have any political interest?

No, my political interest is because I am a political activist, and the essence is to campaign for good governance. You talk of good and credibility to operate the governance. If a leader is not a good person he can’t be a good leader. You don’t give what you don’t have. So I basically campaign against corruption.

- READ MORE @: http://www.iconweekly.com/senator-hope-uzodinma-in-hiv-forgery-mess/

Celebrities / Senator Hope Uzodinma In Hiv & Forgery Mess! by Julius48: 7:52am On Aug 11, 2014
Nze Ebubeagu Ekenulo is an activist, a businessman, with interests, in real estate publishing and car hire service.
In this interview, Ekenulo spoke on how Senator Hope Uzodinma infected his wife, Ukachi Ekenulo a.k.a Ukachi Amaechi, a former member of Imo State House of Assembly with HIV plus how the Senator forged his West African Examination Council (WAEC) and Federal University Technology Owerri (FUTO) certificates. Excerpts…
…………………………………………………………………………………………………………………

So where do you operate from Owerri?

I have an office in Lagos; I have been in Lagos all my life. That was where I grew up, I also went to school in Lagos. But my car hire service operates from PortHacourt, Lagos and Abuja and I have few of those cars in Owerri.


Do you have any political interest?

No, my political interest is because I am a political activist, and the essence is to campaign for good governance. You talk of good and credibility to operate the governance. If a leader is not a good person he can’t be a good leader. You don’t give what you don’t have. So I basically campaign against corruption.

- READ MORE @: http://www.iconweekly.com/senator-hope-uzodinma-in-hiv-forgery-mess/

Politics / Senator Hope Uzodinma In Hiv & Forgery Mess! by Julius48: 7:36am On Aug 11, 2014
Nze Ebubeagu Ekenulo is an activist, a businessman, with interests, in real estate publishing and car hire service.
In this interview, Ekenulo spoke on how Senator Hope Uzodinma infected his wife, Ukachi Ekenulo a.k.a Ukachi Amaechi, a former member of Imo State House of Assembly with HIV plus how the Senator forged his West African Examination Council (WAEC) and Federal University Technology Owerri (FUTO) certificates. Excerpts…
…………………………………………………………………………………………………………………

So where do you operate from Owerri?

I have an office in Lagos; I have been in Lagos all my life. That was where I grew up, I also went to school in Lagos. But my car hire service operates from PortHacourt, Lagos and Abuja and I have few of those cars in Owerri.


Do you have any political interest?

No, my political interest is because I am a political activist, and the essence is to campaign for good governance. You talk of good and credibility to operate the governance. If a leader is not a good person he can’t be a good leader. You don’t give what you don’t have. So I basically campaign against corruption.

- READ MORE @: http://www.iconweekly.com/senator-hope-uzodinma-in-hiv-forgery-mess/

Celebrities / How Hon. Nicholas Ukachukwu N8 Billion Contract Got Him In Trouble by Julius48: 12:06am On Aug 10, 2014
The last seems not to have been heard about impeached former governor of Adamawa State, Muritala Nyako who refused to appear before the panel over allegation of diversion of state fund , extra budgetary, fraudulent awards and illegal deductions leveled against him by the Adamawa House of Assembly. The legislators had rolled 20 allegations and most outstanding is the N8billion contract awarded to Hon. Nicolas Ukachukwu’s SNECOU Group of companies which allegedly got N8billion from the Adamawa State and defaulted in executing the said contract. SNECOU is said to be enmeshed in embezzlement and misappropriation of public fund.

Other alleged fraudulent deals of the former governor as stated by the Adamawa State of Assembly are Fraudulent diversion of N2.3 billion Adamawa State workers’ salary for September and October, 2011, Illegal deductions and diversions of the sum of N142 million emoluments of Adamawa State workers in May 2014, diversion of N120 million to sponsor fictitious visit of General Muhammadu Buhari to Adamawa State to commiserate with victims of insurgency in Madagili and Michika Local Government Areas, extra-budgetary expenditure of N1,740,785,246 fictitious special assistants and another N166,230,536.88 on Personal Assistants in 2013, fraudulent award of contract of over N8 billion through SNECOU Group of Companies Ltd, a company linked to one of the governor’s wife, to siphon public funds without delivering any services to the people of Adamawa State, corrupt siphoning of the sum of N300 million public funds through a company, Hydrosource Resources Ltd in the name of construction of Mubi by-pass without mobilizing to site or any construction one carried out long after collecting N300 million from Adamawa State funds, gross violation of the Oath of Office by outrageous patronage and dominance of family and friends in the discharge of government business such as found in the MDGs Office, the SPPU and Ministry of Health, gross violation of Section 120 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and gross misappropriation of Internally Generated Revenue for personal use to the detriment of the people of Adamawa State,

READ MORE: http://www.iconweekly.com/how-hon-nicholas-ukachukwu-n8-billion-contract-got-him-in-trouble/

Politics / How Hon. Nicholas Ukachukwu N8 Billion Contract Got Him In Trouble by Julius48: 8:47pm On Aug 09, 2014
The last seems not to have been heard about impeached former governor of Adamawa State, Muritala Nyako who refused to appear before the panel over allegation of diversion of state fund , extra budgetary, fraudulent awards and illegal deductions leveled against him by the Adamawa House of Assembly. The legislators had rolled 20 allegations and most outstanding is the N8billion contract awarded to Hon. Nicolas Ukachukwu’s SNECOU Group of companies which allegedly got N8billion from the Adamawa State and defaulted in executing the said contract. SNECOU is said to be enmeshed in embezzlement and misappropriation of public fund.

Other alleged fraudulent deals of the former governor as stated by the Adamawa State of Assembly are Fraudulent diversion of N2.3 billion Adamawa State workers’ salary for September and October, 2011, Illegal deductions and diversions of the sum of N142 million emoluments of Adamawa State workers in May 2014, diversion of N120 million to sponsor fictitious visit of General Muhammadu Buhari to Adamawa State to commiserate with victims of insurgency in Madagili and Michika Local Government Areas, extra-budgetary expenditure of N1,740,785,246 fictitious special assistants and another N166,230,536.88 on Personal Assistants in 2013, fraudulent award of contract of over N8 billion through SNECOU Group of Companies Ltd, a company linked to one of the governor’s wife, to siphon public funds without delivering any services to the people of Adamawa State, corrupt siphoning of the sum of N300 million public funds through a company, Hydrosource Resources Ltd in the name of construction of Mubi by-pass without mobilizing to site or any construction one carried out long after collecting N300 million from Adamawa State funds, gross violation of the Oath of Office by outrageous patronage and dominance of family and friends in the discharge of government business such as found in the MDGs Office, the SPPU and Ministry of Health, gross violation of Section 120 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and gross misappropriation of Internally Generated Revenue for personal use to the detriment of the people of Adamawa State,

READ MORE: http://www.iconweekly.com/how-hon-nicholas-ukachukwu-n8-billion-contract-got-him-in-trouble/

Politics / Nigeria Security And Civil Defence Corps Boss In Alleged Fraud Mess by Julius48: 12:24pm On Aug 03, 2014
Though he was due for retirement early this year, the Commandant General of Nigeria Security and Civil Defence Corps, who has decided to sit tight in the office is in the midst of a scandal.

The highly flamable scandal revolves round Millions of Naira the embattled Commandant, Mr. Ade Abolurin, and his front have diverted in the last eight years as Commandant.

Sources confirmed to that since January 2014, the Headquarter through the office of the commandant have been involved in the deductions of N10,000 from each personnel earnings. While the staff strength of the Command stands at 750, the Commandant general is alleged to be paying over 2,000 personnel who are believed to be a conduit.

A petition by one Olalekan Olukayode, states that between 2010, and 2014 when he enlisted into the Corps, he has helped in facilitating the transfer of Millions of Naira abroad for the Commandant.

Olukayode, in his petition claimed he has traveled twice within a year on a course slated for six personnel and paid N60 Million for each trip.

Another area of fraud and abuse according to the petition is volunteers pay, while the Commandant is on record that Volunteers are paid N1.5m quarterly, documents obtained by revealed that only N30,000 is being paid. Source within the office of the corpse also confirmed to our reporter that contrary to the commandant’s claim, only N30,000 is being paid to volunteers quarterly.

READ MORE: http://www.iconweekly.com/massive-fraud-rocks-nigeria-security-and-civil-defence-corps/

Celebrities / Nigeria Security And Civil Defence Corps Boss In Alleged Fraud Mess by Julius48: 10:19pm On Aug 02, 2014
Though he was due for retirement early this year, the Commandant General of Nigeria Security and Civil Defence Corps, who has decided to sit tight in the office is in the midst of a scandal.

The highly flamable scandal revolves round Millions of Naira the embattled Commandant, Mr. Ade Abolurin, and his front have diverted in the last eight years as Commandant.

Sources confirmed to that since January 2014, the Headquarter through the office of the commandant have been involved in the deductions of N10,000 from each personnel earnings. While the staff strength of the Command stands at 750, the Commandant general is alleged to be paying over 2,000 personnel who are believed to be a conduit.

A petition by one Olalekan Olukayode, states that between 2010, and 2014 when he enlisted into the Corps, he has helped in facilitating the transfer of Millions of Naira abroad for the Commandant.

Olukayode, in his petition claimed he has traveled twice within a year on a course slated for six personnel and paid N60 Million for each trip.

Another area of fraud and abuse according to the petition is volunteers pay, while the Commandant is on record that Volunteers are paid N1.5m quarterly, documents obtained by revealed that only N30,000 is being paid. Source within the office of the corpse also confirmed to our reporter that contrary to the commandant’s claim, only N30,000 is being paid to volunteers quarterly.


READ MORE: http://www.iconweekly.com/massive-fraud-rocks-nigeria-security-and-civil-defence-corps/

Politics / Nigeria Security And Civil Defence Corps Boss In Alleged Fraud Mess by Julius48: 10:10pm On Aug 02, 2014
Though he was due for retirement early this year, the Commandant General of Nigeria Security and Civil Defence Corps, who has decided to sit tight in the office is in the midst of a scandal.

The highly flamable scandal revolves round Millions of Naira the embattled Commandant, Mr. Ade Abolurin, and his front have diverted in the last eight years as Commandant.

Sources confirmed to that since January 2014, the Headquarter through the office of the commandant have been involved in the deductions of N10,000 from each personnel earnings. While the staff strength of the Command stands at 750, the Commandant general is alleged to be paying over 2,000 personnel who are believed to be a conduit.

A petition by one Olalekan Olukayode, states that between 2010, and 2014 when he enlisted into the Corps, he has helped in facilitating the transfer of Millions of Naira abroad for the Commandant.

Olukayode, in his petition claimed he has traveled twice within a year on a course slated for six personnel and paid N60 Million for each trip.

Another area of fraud and abuse according to the petition is volunteers pay, while the Commandant is on record that Volunteers are paid N1.5m quarterly, documents obtained by revealed that only N30,000 is being paid. Source within the office of the corpse also confirmed to our reporter that contrary to the commandant’s claim, only N30,000 is being paid to volunteers quarterly.

READ MORE: http://www.iconweekly.com/massive-fraud-rocks-nigeria-security-and-civil-defence-corps/

Celebrities / Stretchout Finance/exclusive Rendezvous Boss, Stanley Acho Impregnates Customer by Julius48: 11:59am On Jul 19, 2014
The Managing Director of a Lagos based financial institution Stretchout Finance/Exclusive Rendezvous, Mr Stanley Acho has been dragged to the Zone 2 Force Headquarters, Obalende, Lagos for impregnating and sleeping with a customer of his bank, Kudirat Balogun.
According to a statement given to journalists, the woman, a trader and customer of the bank applied for a loan of 2.5 million naira at the bank and met the bank’s Managing Director, Stanley who copied her number from the form and was always calling to tell the woman of how he was attracted to her the first day they met.
The woman, a single mother was said to have fell for the banker’s good looks and sweet tongue and they started dating exactly a month after she went to the bank and has paid the loan she got from the bank.
Their amorous affair was said to have gained ground with the man telling her that his wife was unable to give him a male son and promised to marry Kudirat as a second wife if she can get pregnant and bear him a male child.
The affair was said to have taken a new dimension when the woman got pregnant and was asked by the Bank boss to terminate the baby with the excuse that his wife had threatened to kill him if he decides to take a second wife.


READ MORE & DOCUMENTS @: http://www.iconweekly.com/stretchout-financeexclusive-rendezvous-boss-stanley-acho-impregnates-customer/

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