A Compliance Officer with the Stabic IBTC Bank, Babatunde Adenekan, yesterday, gave vivid details before a Lagos Federal High Court, of how funds belonging to Nigerian Airspace Management Agency, NAMA, were distributed into various bank accounts.

Adenekan, a Prosecution witness for the Economic and Financial Crimes Commission (EFCC), narrated the alleged financial fraud while testifying in the trial of the Managing Director of NAMA, Ibrahim Abdulsalam and six others.


They are charged by EFCC with stealing and conversion of the agency’s monies amounting to about N6.8 billion before Justice Babs Kuewumi.


Other accused are Adegorite Olumuyiwa, Agbolade Segun, Clara Aliche, Joy Adegorite, and two companies-Randville investment Limited and Multeng Travels and Tours Ltd. Those included in an amended charge are Bola Akinribido and Sesebor Abiodun.

Led in evidence by EFCC counsel, Rotimi Oyedepo, the witness explained how various sums of NAMA funds paid into the account of Delosa Limited, were distributed to other accounts between 2013 and 2015.

According to the witness, on February 12, 2015, the suspects transferred N10m to a firm known as Paperhouse. They also transferred N8.6m to Gabson Bureau de Change on March 7, 2015. Adenekan said N10 million and N6.4million were transferred to Paperhouse Limited on March 7, 2015.

He stated that NAMA’s funds were moved to the account of Delosa Limited and from the account they are transferred to Randville Invesment Limited as quick as they are credited.

“On October 16, 2014, N38.8million came into Delosa account. That same day, N9 million in four places were transferred into Randville account. That same day, N2.3million was also paid into Randville account.


“On November 11, 2014, N98. 2 million came into Delosa account. On that day, N9million in three places were transferred to Randville. Another N3million transferred to Randville the same day, while N7.8million was transferred to Multeng and Tours Limited.

“On December 3, 2014, N88.9million came in. The same day, N9 million in four places were transferred to Randville and another N2.5million was transferred to Randville.

“On December 7, 2014, N37.5million came into Delosa account from Central Bank of Nigeria (CBN). On the 18th, N10million in three places were transferred to Randville Investment Limited and later another N7 million on the same day,” he stated.

Read Full Story Below
https://newsextra.com.ng/2024/04/26/stabic-ibtc-bank-witness-how-nama-officials-diverted-n6-8b-into-several-accounts/

By Adeyemi Obadimu Veron


GTCO Food And Drinks, the premier event in the food and beverage industry, is excited to announce the commencement of its 7th edition today. The event is set to showcase the latest trends, innovations, and products in the food and drinks sector.

With over 100 exhibitors from around the globe, GTCO Food And Drinks 7th Edition promises to be bigger and better than ever before. Attendees can look forward to tasting new flavors, experiencing cutting-edge technologies, and learning from industry experts through various workshops and seminars.

The 7th edition of GTCO Food And Drinks event promises to be a groundbreaking experience for all food and beverage enthusiasts, offering them the opportunity to discover the latest trends and innovations in the industry." And master class section will also be taking place.

GTCO Food And Drinks 7th Edition will run from Friday 26th Of April and Ends on Sunday 28th at GTCenter Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos.

Prosecution Witness Eight, (PW8), Hamma Adama Bello in the trial of former Head of Service (HoS), Winifred Oyo-Ita on Thursday, April 25, 2024 narrated before Justice James Omotosho of the Federal High Court, Maitama, Abuja, how the
defendant and her subordinates diverted public funds into their private companies.

Oyo-Ita, the first defendant is facing criminal prosecution by the Economic and Financial Crimes Commission, EFCC alongside her special assistants, Ugbong Okon Effiok (seventh defendant), Garba Umar (fourth defendant) and six companies: Frontline Ace Global Services Limited, Asanaya Projects Limited, Slopes International Limited, U and U Global Services Ltd, Prince Mega Logistics Ltd and Good Deal Investments on 18-count charges bordering on misappropriation, official corruption, money laundering and criminal diversion of funds to the tune of over N3billion.


The witness, while being led in evidence by prosecution counsel Faruk Abdullahi and H.M. Mohammed, told the court that Oyo-Ita used Slopes International Limited and Good Deal Investments Limited-fifth and sixth defendants respectively, to fraudulently award government contracts to herself through the fourth defendant, Umar.

The first entry transaction of Good Deal Investment Ltd on February 2019 showed that money was paid into its Zenith Bank account to the tune of N42,748, 201.47 ( Forty-two million, Seven Hundred and Forty-eight Thousand, Two Hundred and One Naira, Forty-seven kobo). Umar, the witness said incorporated the company with Oyo-Ita’s full knowledge.

Read full story here


https://newsextra.com.ng/2024/04/26/alleged-n3bn-fraud-how-oyo-ita-allies-diverted-public-funds-to-private-companies/

In a bid to significantly reduce malaria cases in Nigeria’s Southwest region, Moremi Ojudu, the Senior Special Assistant to the President on Community Engagement (South West), today commissioned a new campaign titled “Change the Narrative Now.”

The initiative, spearheaded by the Presidential Community Engagement Office in collaboration with Chestrad Global and the Federal Ministry of Health, aims to raise awareness, educate communities, and promote preventative measures against the mosquito-borne illness.

The official launch took place at the Ago-Egun community within Iwaya-Makoko, Yaba LCDA. Moremi emphasized the importance of grassroots engagement in tackling the challenge.
“Malaria continues to disproportionately affect our communities,” she stated. “The ‘Change the Narrative Now’ campaign signifies a concerted effort to empower residents with the knowledge and resources needed to protect themselves and their families.”

The campaign encompasses various activities, including community mobilisation to raise awareness about malaria prevention and treatment, distribution of resources, insecticide-treated mosquito nets and sanitation materials were distributed to households within the community. Medical personnel were also on-site to provide check-ups and distribute medications. Essential food supplies were also provided to ensure the well-being of residents.
Expressing her commitment, Moremi stated, “We are confident that through a collaborative approach, we can significantly reduce malaria cases in the Southwest. By working together, we can change the narrative and create a healthier future for our communities.”

The “Change the Narrative Now” campaign is a significant step towards achieving a malaria-free Southwest Nigeria. With the combined efforts of the government, international partners, and community members, the fight against this preventable disease can be won.

In a bid to curb cultism and other vices, the Nigeria Police Force has appointed a renowned security expert, Dr Ayodele Ogunsan, as the Lagos State Chairman for Police Campaign Against Cultism And Other Vices (POCACOV).

Ogunsan who is a member, Lagos State Security Trust Fund (LSSTF), will oversee series of campaigns against the menace of cultism and related reprehensible activities predominant among youths in Lagos State.

In an official letter signed by National Coordinator of POCACOV, Ogunsan is charged with the responsibility of working with officers and men of the force to curb the menace of cultism and its related vices, having been deemed eminently qualified due to his pedigree, experience and impact in community-based policing.

“On behalf of the Nigeria Police Force, I am pleased to convey to you your appointment as the Lagos State Chairman for Police Campaign Against Cultism And Other Vices (POCACOV).

“Sequel to a thorough review of your qualification, pedigree, experience, and dedication to public service, we are confident that you wil make an unprecedented valuable contribution to POCACOV. Your responsibilities in this role will include but not limited to presiding and overseeing the activities of POCACOV initiatives within Lagos State alongside the Police Coordinator.

“You are responsible to the leadership of POCACOV while facilitating the effectiveness of the Crime Prevention Steering Group (CPSG), in achieving the objectives of POCACOV in the State, as well, by working closely with various stakeholders to promote community-oriented policing and combat crime effectively through preventive policing techniques.

“Your outstanding contributions and dedication to enhancing internal security mechanism for the nation will be instrumental in achieving our objectives and ensuring the success of this vital program. In due course, the date for the inauguration of State Chairmen nationwide by the Police High Command will be communicated to you soonest,” the statement reads.

Early Childhood Care & Education Vocational Training Institute (ECDI) is proud to announce the graduation of 50 students today, April 17, 2024, in partnership with the Ogun State Skills Fund. The graduation ceremony took place at the ECDI training institute, where the students showcased the skills they learned over the past year.

The students began their journey in September of last year, undertaking various training in early childhood care and education. Through hands-on training and classroom instruction, they have developed the necessary skills to succeed in the field of childcare and education.


In her welcome address the Chief Executives Officer (CEO) ECDI training institute, Patricia Eno Falope thrilled to welcome everyone, especially the 50 graduating students.

" She said today marks not just a recognition of the accomplishments of our graduates, but also the start of their impactful careers aimed at enhancing the lives of young children in Ogun State, through play-based early learning.

"This program embodies the goals and priorities of ECDI, highlighting the critical role of ECCE as the foundation for human capital development. Every child embodies immense potential for their own future. their families, and the nation at large. Empowering our youth with the necessary skills to foster and support the optimal development of young children in Ogun State is a therefore a pivotal step, to be emulated across the nation.

" Our heartfelt thanks go to the Ogun State Government for the Skills Fund, under the leadership of the state governor. His Excellency Dapo Abiodun. This initiative reflects the government's dedication to equipping its citizens with practical knowledge to foster growth. innovation, and prosperity, all of which are critical in the journey towards uplifting the socio-economic landscape.

As we proceed with today's celebration, let us recognize the collective efforts and passion that have led to this moment. Congratulations to all graduates, We look forward to the positive contributions you will make to the lives of children, and the broader community".

Meanwhile, Mr Ogungbe a representative from Ogun State skill fund advised the graduantes to take what they have learned serious and start their own day care business, they shouldn't allow what they have learned to be in vein. And should not forget paying tax to Government is important after you have established your goals.


The organizer of the graduation ceremony took the opportunity to commend Governor Dapo Abiodun for his commitment to investing in the growth and well-being of the children of Ogun State. The partnership between ECDI and the Ogun State Skills Fund has provided valuable opportunities for individuals looking to pursue a career in early childhood care and education.

The graduates are now equipped with the skills and knowledge needed to make a positive impact in the lives of children in their communities. ECDI looks forward to seeing the graduates thrive in their future endeavors and contribute to the development of Ogun State. In the next two months portal will be open for other people who are interested in the training.

Jumia, the popular African e-commerce company, is facing backlash over a misleading advertisement on their Facebook page.

The ad in question promotes Nivea body cream but shows an image of an itel S24 phone. This contradictory pairing appears to be an attempt to drive clicks and purchases through deception.

Full Story Below

https://newsextra.com.ng/2024/04/15/misleading-advertising-jumia-falsely-promotes-nivea-cream-with-itel-phone-image/

The President of the Nigerian Association of Social and Resourceful Editors (NASRE), Femi Oyewale, has vehemently condemned the recent abduction of Channels Television reporter, Joshua Rogers, in Rivers State.

Gunmen seized Rogers from his residence in Rumuosi, Obio/Akpor Local Government Area, Rivers State, late Thursday night. According to reports, he was accosted by armed assailants upon returning home from covering an event at Ndoni in the Ogba-Egbema-Ndoni Local Government Area, where Governor Siminalayi Fubara inaugurated a Primary Healthcare Centre.

Expressing concern over the incident, Oyewale emphasized that journalists play a crucial role in society and should not be subjected to such heinous acts while carrying out their duties. He called for Rogers' immediate and unconditional release, stressing that journalism is not a crime but a noble profession aimed at informing and educating the public.

The kidnappers have reportedly demanded a ransom of N30 million for Rogers' release, further exacerbating the distress of his family and colleagues. NASRE appeals to the perpetrators to release Rogers unharmed and urges the relevant authorities to intensify efforts to secure his freedom.

Oyewale also added that, “it is very disturbing that journalists and media practitioners have also become easy targets.”

He called upon the Rivers State Government and security agencies to prioritize Rogers' safe return. He urged national, regional, and international media freedom groups, as well as human rights organizations, to join in advocating for the release and safety of Joshua Rogers.

NASRE stands in solidarity with Channels Television and the entire media community during this challenging time, reaffirming its commitment to defending press freedom and the safety of journalists across Nigeria.

The sacred month of Ramadan came to an end about 24 hours ago with Eid al-Fitr celebrations which mark the end of the fasting period.

This technically raises the issue of how to smoothly return to daily eating habits after the sunrise to sunset, no water or food long hours.

Then, breaking the fast at sunset, followed by one to two more meals before dawn. Meals during Ramadan are often more abundant and richer than usual, consumed at unusual hours of the night.

As the sacred month of Ramadan comes to an end with Eid al-Fitr, the celebration marking the end of the fasting period, many people wonder how to smoothly return to their daily eating habits. How can one make this transition without any hiccups and adopt behaviors that promote a healthy diet while avoiding post-Ramadan nutritional pitfalls?

To guide you in this process, Dr. Cissoko, Nutritionist at Nestlé, provides some insights for a harmonious transition to a balanced diet after Ramadan.

Readjusting Your Digestive System without Rushing:

To avoid potential stomach discomfort, bloating, constipation, or diarrhea, it is recommended to opt for easily digestible foods. Fish is preferable to meat as it is lighter and easier to digest. Cooked vegetables with low fat content are also gentler on the digestive system compared to raw vegetables. Whole or semi-whole grains are rich in fiber and promote a healthy intestinal transit. Fully ripe fruits are also easier to digest than unripe ones.

Water, on the other hand, is your best ally for a smooth transition before returning to a normal diet. In addition to maintaining the body's water balance, it plays an essential role in digestion by facilitating the process and helping eliminate toxins. Water remains the best beverage.

Lastly, prioritize small portions and take the time to chew your food well, which allows for better digestion and optimal nutrient absorption.

Opt for Gradual Changes, the Key to Dietary Rebalancing:

For a smooth transition after Ramadan, it is recommended to adopt a measured and thoughtful approach, whether in introducing different food groups or in the frequency and intensity of physical activities. Take the time to gradually introduce foods in a balanced manner, ensuring to include all necessary food groups for a healthy diet. It is important to note that physical exercise is of paramount importance in the context of a balanced diet. Light activities such as walking are particularly recommended at the beginning. They stimulate the body without subjecting it to excessive efforts. Over time, you can gradually increase the intensity of these physical activities according to your abilities. This gradual approach is the key to regaining dietary balance after Ramadan.

Avoiding Post-Ramadan Nutritional Pitfalls:

It is important to remain aware of potential nutritional pitfalls that could hinder a balanced diet.

Excessive Sugar Intake: After a period of fasting, it can be tempting to indulge in excessive sweets and desserts. It is essential to limit the consumption of added sugar and prioritize natural sources of sugar, such as fruits.

Excessive Portions: After fasting, it is common to want to compensate by eating larger portions. However, this can lead to overeating and calorie imbalance. It is important to maintain moderate portions and eat slowly to better feel satiety.

Ensuring a Good Variety of Foods: After Ramadan, it is essential to maintain a balanced diet by ensuring the inclusion of a variety of foods to guarantee an adequate intake of essential nutrients. Make sure to include a wide range of fruits, vegetables, lean proteins, whole grains, and sources of healthy fats in your meals.

Maintaining Proper Hydration: After a period of fasting, it is important to ensure adequate hydration. Make sure to drink enough water throughout the day to maintain good hydration. It is recommended to consume at least 2 liters of water per day.

Being Mindful of Snacking: Prioritizing structured meals over snacking helps maintain a healthy weight and avoid unnecessary calorie intake.

Listening to Your Body: Relearning to listen to hunger and satiety signals is a valuable skill to adjust your diet to your true needs.

Planning to Avoid Slip-Ups: Anticipating and preparing meals is an effective strategy to stick to a balanced diet and avoid impulsive food choices.
The period following Ramadan is an opportune time to establish or reinforce healthy and sustainable eating habits. By taking conscious steps, each individual can make the most of this transition to nourish their body and mind.

At Nestlé, we encourage and support this journey by offering a variety of products and tips to accompany you in your quest for a balanced diet.

The Moruf Oseni’s led Wema Bank PLC has incurred over N9 Billion in court cases as at December 2023.

This was revealed in the bank’s full year 2023 financial statement which was released recently.

Newsextra.com.ng observed that the previous year’s litigation claims was a little above N8 Billion, indicating that the bank had more legal issues to deal with in 2023.

Meanwhile as at September 2023, the litigations were pegged at N8.067 Billion but within three months, there was an exponential increase in legal damages.

Although litigations are unavoidable in businesses but a continued increase could be dangerous for businesses due to its financial burden.

This also has a lot to do with Wema Bank’s reputation as an increase in litigations could damage the Bank’s reputation which could in turn lead to loss of customers or partners

The Transmission Company of Nigeria (TCN) is allegedly battling to pay its salaries despite the $500 million its former Managing Director, Dr. Usman Gur Mohammed, left in the coffers of the government-owned firm.


This Nigeria news platform understands that the erstwhile Chief Executive Officer, in an interview with The Nation yesterday, said the fund, which his management team raised from Internally Generated Revenue (IGR) was allegedly grossly mismanaged.





According to him, he also left some concessionary funds in addition to the $500 million.




Efforts to speak to TCN’s Public Affairs General Manager, Ndidi Mbah, were unsuccessful as calls made to his phone were unanswered while the Whatsapp message sent to him also failed to elicit a response at the time of filing this report.



Mohammed said: “But, by the time I left TCN, apart from the concessionary fund I left, I left almost $500 million from the IGR that we set.

“And we did salary increase for TCN staff cumulatively from the time to the time I left close to 10per cent.



“Yet, we were able to save about $500million. But now because the place is not properly managed, go there and you will find out that they are struggling to pay salaries.”



He recalled that he requested an extraordinary tariff increase from the Nigerian Electricity Regulatory Commission (NERC) that was never approved for the TCN.



Mohammed noted that despite the failure to secure the tariff review, he was able to manage the concessionary funds of the company and saved the huge IGR aside from the regular payment of salaries.



The former TCN boss, who said the challenges in the Nigerian Electricity Supply Industry (NESI) were not as bad and surmountable as they appeared, noted that the government only needed competent hands to manage the sector.

The chairman of Eko Electricity Distribution Company, Dere Otubu, has been fingered in alleged multiple attempts to cover up massive ghost worker fraud rocking the organization by scheming to obstruct the company’s investigation processes.




In several email exchanges seen leaked out, Otubu made repeated attempts to sabotage the efforts of board members to investigate allegations of fraud levelled against the company’s Chief Legal Officer, Mrs Wola Joseph-Condotti.



He also reportedly made attempts to compromise the company’s internal disciplinary processes and cover up the allegations levelled against Mrs Joseph-Condotti.



Boardroom Crises: The Genesis


Recall that members of the board of the Eko Electricity Distribution Company have in recent times been at loggerheads over the alleged sack of the company’s Managing Director/Chief Executive Officer, Dr Tinuade Sanda.



Media reports showed that the firm replaced Sanda with Mrs Rekhiat Momoh. It was gathered that Sanda’s alleged sack was communicated through a letter signed by the EKEDC Chairman, Dere Otubu, on March 25.



According to Otubu, the decision to relieve Sanda of her duties followed a directive from the Nigeria Electricity Regulatory Commission.



“We have received a directive from NERC stating that all staff working for the utility must be employed directly by the utility, bound by applicable service conditions that are applicable to the employees of the utility, and paid through the utility’s payroll.



“The Disco is obligated to comply with these directives due to the powers of NERC as stipulated in the Electricity Act 2023. In compliance with the aforementioned directive, all seconded staff from WPG Ltd are being released by Eko Electricity Distribution Plc and returned to WPG Ltd.



“Accordingly, you are hereby relieved of your role, office, and position at Eko Electricity Distribution Plc effectively immediately, and returned to your employer, WPG Ltd,” Otubu said last month.

Prior to Tinuade’s alleged sack which many have viewed as not following due process, some senior staff members of the Eko DisCo were accused of ghost worker recruitment, fraud and negligence, a claim the firm said was ‘unfounded’. Reacting to the allegation, NERC ordered thorough investigations, while directing that all existing WPG secondees who were identified as defaulting, be returned to their original employer.



“We wish to inform the general public that Mrs Rekhiat Momoh has on 26th March 2024 assumed the role of Acting CEO of Eko Disco. This follows the redeployment of our erstwhile MD/CEO, Mrs Tinuade Sanda back to WPG Ltd, the core investor who seconded her to Eko Disco. We have great confidence in her ability to perform this role effectively and take the company to greater heights,” the company said in response to the directive.



Experts however argue that only WPG can effect NERC’s recall and not the chairman of the board who seems to be acting in an executive role in a breach of corporate governance rules. NERC’s ambiguous correspondences also add to the confusion.

Rebuttal

But in a subsequent rebuttal, the Director and Chairman of the Legal & Regulatory Committee, Mr Babor Egeregor, disagreed with the chairman over the sack of Sanda. He said the NERC did not order the removal of any staff either seconded to or hired by EKEDC, except those connected to the alleged fraud and negligence.

“It has come to my notice that by a letter dated 26th of March 2024, the Chairman of EKEDC, Mr Dere Otubu, purportedly terminated the Contract of Employment of Dr Tinuade Sanda, the MD/CEO of EKEDC, allegedly in compliance with orders/directives issued by the NERC.

“The said order of the NERC, herein displayed, are unambiguous, incapable of, and unyielding to plural interpretations. There was nowhere in the order where NERC requested the removal of any staff either seconded to or hired by EKEDC, except those connected to the alleged fraud and negligence i.e., Wola Joseph Condotti, Sheri Adegbenro, and Aik Alenkhe,” he said.

According to Egregor, NERC’s directives were issued to compel the board of EKEDC to act appropriately in the face of the determined position of a majority of the board members to cover up the alleged use of ghost workers together with the alleged fraud and protect Wola Joseph Condotti.

“Mr Dere Otubu’s letter, therefore, was done in bad faith and in vengeful revenge against the MD/CEO for escalating the alleged fraud and issuing queries against one of his protégés, whom he has desperately sworn to protect by all means.

“Rather than comply with the orders of NERC, a recourse to subterfuge was hatched with the purported termination. There are no doubts about a deliberate agenda and unconcealed mischief to misread the orders of the NERC to malign Dr Sanda’s reputation for daring to escalate and issue queries to Wola Joseph Condotti for alleged fraud through the use of ghost workers for three years, and continuous payment of salaries to exited staff despite personally receiving their resignation letters,” Egregor stated.



Analysts also argue that following Otubu’s action which he based on a misinterpretation of NERC directive, then he Anne other members of the board who were seconded to represent WPG on the board ought to leave – if the NERC order is meant to be followed as the chairman has erroneously described. This argument is also supported by the earlier email correspondences this publication saw in which such an argument was posed reacting to the recall of Ms Condotti by the core I investor, WPG.

Otubu Exposed

Meanwhile, multiple messages leaked out and seen by this medium have revealed the backend details of Otubu’s attempt to cover-up for Condotti and the real reasons for his “vendetta” against the MD, Tinuade.

Last November, immediately the allegation of fraud was escalated by Tinuade, the chairman of WPG limited, the employers of Wola Jospeh Condotti, recalled her to WPG to avoid obstruction of investigation in line with best practices. But in a shocking twist of events, Dere Otubu unilaterally instructed Condotti to disregard the recall with the pretense to fairly apply the conditions of service of EKEDP.

“I was copied in a letter from Chairman of WPG dated 5th of Dec 2023 recalling you From the position of Chief Legal Officer to EKO DISCO,” he wrote in an email to Condotti.

“Kindly disregard this letter in its Entirety. Eko Disco will Continue with its process of looking into the matter. Eko Disco MD who is copied should note accordingly.”



Although he was immediately confronted by members of the board, who indicated the existence of disciplinary process and showed that EKEDP’s punishment for the offence was sacrosanct. Amid the insistence of the union and other board members that due process be followed, it became clear to him that the law would be adhered to.



Not relenting in his scheming, Otubu told the full board of the NERC that the condition of service of EKEDP does not apply to seconded staff. At that point, it had become apparent to the entire boards of both EKEDP and WPG that Dere Otubu was hell bent on compromising the disciplinary process to cover-up for Mrs Condotti.



Another board person, George Etomi, fired back at him to ensure that due process was followed.

“Let me remind you that when you spoke to me it was more about how this matter can be suppressed and I told you very clearly that I would not stand for that,” Etomi wrote in an email exchange.

“Given the reference to GEP of course I will recuse myself from any investigative panel that will be set up to look into this matter. I do not see how recalling a WPG employee that serious allegations have been made against can be wrong. On the contrary, your assumption of my guilt is what shows your bias and I do not trust any process in this matter that is chaired by you.”



Following the principled objections to Dere’s scheming, there was a constitution of a disciplinary committee by the board of EKEDP headed by Dr. Tunji Olowolafe and Otubu again tried to unilaterally expand the committee’s scope of reference to provide latitude to surreptiously indict the MD/CEO, Tinuade Sanda, and then negotiate the release or cover up of Wola Joseph Condotti.



For instance, he took over the responsibility of the company secretariat to personally ‘extract’ and prepare terms of reference that were unknown to the collective board of EKEDP.



That prompted Babor Egeregor, Chairman Legal Corporate Governance and Regulatory Compliance Committee, to raise the alarm about Otubu’s conduct in another email to Dr Olowolafe.



“Dr, Please Deliberating on this extraneous Terms of Reference as singularly and surreptitiously introduced by Mr.Otubu who openly admitted to being conflicted will be tantamount to deliberating on falsehood and illegality,” he wrote in an email.

“We must be governed by the resolutions of the board, which is the highest decision making body of the company. Mr Otubu is acting as an executive chairman which he is not and definitely not an emperor as he is attempting to be. When we do things like this then we are saying we have thrown caution, corporate and good governance out the window. When we get to that meeting I won’t be a part of this fake and fabricated term of reference. God forbid!”



See the Emails below;



What Next?

Following committee’s impasse on complying fairly, prompting the resultant media escalation and union agitations, Dere Otubu wrote Dr. Tinuade Sanda with threats of possible sanctions. He acknowledged calls from whistle blowers and bad press but refused to acknowledge that the trigger is connected to the failure of the board under his leadership.

He then mandated the MD to ‘wave the wand’ to dispel consequences. In her response, Dr. Tinuade restated her fidelity to corporate governance crisis management and also urged Otubu to honourably stop duplicitous outlook towards the staff and the union by following the rules of the company.

The exchange snowballed to the unease that got to its crescendo with the removal of Tinuade from office and subsequent reversal of the decisions. Insiders say that Dere Otubu’s near-unilateral decisions and refusal to adhere to internal corporate governance frameworks casts a shadow of doubts on EKEDP’s ability to manage its affairs, ensure compliance with regulations among staff, and nip corrupt practices in the bud.

It remains unclear how long this would linger until something gives way. NERC on the other hand seems to have found itself in a web of corporate scheming which they were probably unaware of when they wrote their letter.

Stormers GM receives a 3-match ban starting from the next match.

Chief Coach & Secretary receive a final warning.

Stormers player Ibrahim Oluwatosin receives a 10-match ban.

Stormers fined #1,000,000 & an additional #100,000 for Referee's medical expenses.

The Asiwaju Bola Ahmed Tinubu Movement (ABAT) extends warm greetings and best wishes to Muslims around the world as they celebrate Eid-El-Fitr this year.

In a press statement jointly signed by the organization executives, Akogun Banji Ojo, Otunba Femi Soluade, and Barr. George Ogunjimi, the ABAT Movement expressed heartfelt congratulations to all Muslims on this joyous occasion. They emphasized the significance of Eid-El-Fitr as a time of reflection, gratitude, and unity among believers.

"We join our Muslim brethren in celebrating the end of Ramadan and the culmination of a month of fasting, prayer, and spiritual growth," the statement read. "May this special day bring peace, blessings, and happiness to all members of the Muslim community, and may it strengthen the bonds of love and brotherhood among us."

The ABAT Movement also highlighted the importance of continuing to uphold values of tolerance, compassion, and solidarity in the spirit of Eid-El-Fitr. They encouraged Muslims to extend a hand of kindness to those in need and to spread messages of peace and goodwill in their communities.

As the world faces ongoing challenges, the ABAT Movement reaffirmed its commitment to promoting harmony, inclusivity, and understanding among people of all faiths. They expressed optimism that through shared values and mutual respect, we can overcome differences and work together towards a brighter future for all.

The Asiwaju Bola Ahmed Tinubu Movement (ABAT) wishes all Muslims a blessed and joyful Eid-El-Fitr celebration. May this auspicious occasion bring happiness, prosperity, and unity to all.

WEMA Bank found itself on the wrong side of 7 Nigerian laws in 2023, paying penalties totalling N61.350 million in one year



This was revealed in the bank’s full-year 2023 financial statement, which showed that the lender contravened a cybersecurity law, a section of the Bank and Other Financial Institutions Act (BOFIA) 2020, the Central Bank of Nigeria (CBN) circulars on Know Your Customers, among others.




On the cybersecurity framework contravention, Wema Bank received a fine of N2 million, but the lender was fined N20 million for breaching Section 19(3A) of BOFIA, 2020.





Also, Wema Bank was made to pay N17.45 million for violating the CBN circulars on KYC.



The bank further paid a fine of N10 million for the late rendition of final returns. The CBN circulars on KYC were targeted at reducing money laundering and other forms of financial crimes.



“There is no doubt that having sufficient information about your customer and making use of that information is the most effective weapon against being used to launder the proceeds of crime.

In addition to minimizing the risk of being used for illicit activities, it provides protection against fraud, reputational and

financial risks and enables individual financial institutions to recognize suspicious activities,” the CBN says in its KYC manual.







Similarly, the bank paid a penalty of N8 million for Risk-Based Supervision (RBS) breaches. The lender was likewise penalised for a regulatory breach on the CBN clearance, paying a fine of N2 million for the contravention.



For the late filing of its 2022 audited financial statements with the Nigerian Exchange Limited (NGX), the tier-2 lender was fined N1.9 million.



Fraud and burglary lower but still risks



Fraud and burglary are still big risks for the bank, which lost N256.387 million to them in 2023. However, this was far lower than N880.154 million lost by the bank in fraud and burglary cases in the corresponding period of 2022.



This would mean that the bank took some measures to tackle fraud and theft in 2023, said a credit risk analyst, Mr Osai Djemba.







Mr Djemba explained that the bank “must introduce artificial intelligence measures to reduce its exposure to theft to the barest minimum,” arguing that “sophisticated thieves and several criminals have infiltrated the Nigerian financial system to steal, kill and destroy.”



Complainants demand N10.8bn



Wema Bank left 9,974 complaints unresolved by December 2023. This is lower than 13,642 unresolved complaints reported in the corresponding period of 2022.



Various customers with these complaints demanded N10.843 billion from the lender over the issues.



The bank, however, refunded N11.258 billion to customers (apart from the N10.843 billion), the financial statement said.







“As a result of the initiatives stated earlier, the Bank successfully reduced the average time taken to resolve customer complaints by 60% compared to 2022, and the resolution rate increased from 93% to 98% demonstrating our commitment to improving the experience of our customers consistently and efficiently, the bank noted.

The staff of the Kwara State Printing and Publishing Corporation publisher of The Herald titles were minutes ago rudely stopped from working on their production.

Findings by our medium revealed that the roof of the old building housing the computer department burst open letting down an outpour of rain on the computer systems.

In a video obtained by our reporter from the scene of the incident, which has since been muted to hide the identity of the concerned staff, a staff of the Corporation was heard saying that water (rain) had overtaken production and lamenting how bad leadership had destroyed The Herald.
Another staff was heard saying the leadership is only concerned about victimizing instead of upholding the Corporation.
Yet, another voice was heard saying that enemies of the Corporation were made to head the Corporation.

Efforts by this medium to get the reactions of the management of the corporation proved abortive.



https://www.youtube.com/watch?v=JU60ctyY4rA?si=EjtQHSvKXP0RaKbZ

By Adeyemi Obadimu


... Gifts Five Members 100,000 Naira Each To Support Thier Businesses


Dee Pride Land Circle Of Life Foundation, a non-governmental organization dedicated to supporting underprivileged communities, has provided food items and groceries to Bab-Es-salam Orphanage Homes today 30th of march 2024, at GRA Ikeja Lagos.


The founder of the NGO, Eng Oduntan Ekundayo Kolawole, stated that this initiative is aimed at supporting the community amidst the economic challenges facing the country.

He said, providing essential goods to the orphanage homes and financial assistance to its members to support thier small scale businesses is the priority of the foundation and we hopes to make a positive impact on those in need.

The NGO supported five of their members with 100,000 Naira each to help boost their small businesses.

The beneficiaries of 100 thousand naira are owolabi olajumoke, Olufemi Deborah, Adebimpe Adedayo , Shomotun Omolara, Lawal Kudirat.


"We believe in giving back to the community and supporting those who are facing hardships. providing food items and groceries to the orphanage homes, as well as financial assistance to members to support thier small businesses, we hope to alleviate some of the economic burdens they are facing," said Eng Oduntan Ekundayo Kolawole.

The NGO will also be monitoring the activities of the small business owners on a monthly basis to ensure that the funds are being used effectively. This ongoing support is part of the foundation's commitment to helping those in need and promoting sustainable economic growth within the community.


Nurudeen Bakare, the assistant head of bab-Es-salam orphanage while receiving the gift items from the foundation appreciated the NGO for their kind gesture to support the orphans.

At this crucial time of the economy hardship in the country, you still support us with all this massive items, Gods Favour will always locate you and your household. Nurudeen stated.


Owolabi Olajumoke while appreciating the NGO said would like to express my sincere gratitude to Dee Pride Land Circle Of Life Foundation for their generous donation of 100 thousand towards my business. Your support means the world to me and I am truly honored to be a recipient of your kindness. This contribution will go a long way in helping me grow my business and achieve my goals. Thank you from the bottom of my heart for believing in me and my vision. I am forever grateful for your support.

In a decisive move aimed at upholding fiscal responsibility and safeguarding the economic integrity of the country, the Federal Government has initiated criminal proceedings against Binance, a prominent cryptocurrency exchange platform.

The charges, filed at the Federal High Court in Abuja, were announced on Monday by the Federal Inland Revenue Service (FIRS).

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, implicates Binance with a four-count tax evasion accusation.

Joined with the crypto company as second and third defendants in the suit are Tigran Gambaryan and Nadeem Anjarwalla, both senior executives of Binance currently under the custody of the Economic and Financial Crimes Commission (EFCC).

The charges levied against Binance include non-payment of Value-Added Tax (VAT), Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform.

In the suit, the Federal Government also accused Binance of failure to register with FIRS for tax purposes and contravening existing tax regulations within the country.

One of the counts in the lawsuit pertains to Binance's alleged failure to collect and remit various categories of taxes to the federation as stipulated by Section 40 of the FIRS Establishment Act 2007 as amended.

Section 40 of the Act explicitly addresses the non-deduction and non-remittance of taxes, prescribing penalties and potential imprisonment for defaulting entities.

The charges further detail specific instances where Binance purportedly violated tax laws, such as failing to issue invoices for VAT purposes, thus obstructing the determination and payment of taxes by subscribers.

“Any company that transacts business in excess of N25 million annually is deemed by the Finance Act to be present in Nigeria.

“According to this rule, Binance falls into that category. So, it has to pay taxes like Company Income Tax (CIT) and also collect and pay Value Added Tax (VAT).

“But Binance did not do this properly. So, the company broke Nigerian laws and could be investigated and taken to court for this infraction,” Adekanmbi said.

The Federal Government remains resolute in its commitment to ensuring compliance with tax regulations and combating financial impropriety within the cryptocurrency sector.

FIRS, by the law setting it up and various others, is empowered to assess, collect and account for revenue accruing to the Federation and administer relevant tax laws.

Binance pleaded guilty to flouting anti-money laundering laws in the United States in late 2023, settling for a plea bargain that cost the company $4.3billion.

By Adeyemi Obadimu


Igbimo Asoju Yoruba, a socio-cultural group in Yoruba land, has called on Asiwaju Bola Ahmed Tinubu to investigate the actions of Sheik Gumi, an Islamic cleric who has offered to negotiate with bandits in Nigeria.

In a statement signed by the convener, Chief George Olufemi Ogunjimi, the group
condemned Gumi's actions, stating that his actions are not in the best interest of the country. Gumi's willingness to negotiate with bandits sends a wrong message and undermines the efforts of the government and security agencies in combating insecurity in the country.

Igbimo Asoju Yoruba believes that Sheik Gumi's actions need to be thoroughly investigated to determine his motives and ensure that he is not aiding and abetting criminal activities. The group calls on President Bola Ahmed Tinubu, a devout and devoted leader of our generation to take necessary actions to hold Sheik Gumi accountable for his actions.

Moreover, the group wants serious action to be taken against security officials whose lackadaisical attitude allowed the binance officials to escape from detention and flew abroad in their bid to escape justice for the damages done to the Nigerian economy and livelihoods of many citizens.

“ We want all public and civil servants to join hands with the President in rescuing the nation’s ship from wreckage”
It further admonished.

The group also advised the President to work more on security in the country as different cases of kidnapping recently in the country is getting out of hands and the group also applauded Tinubu over the release of the 200 school girls kidnapped.

Igbimo Asoju Yoruba remains committed to promoting peace and security in Nigeria and will continue to advocate for the protection of lives and property of all citizens.

The Nigerian Association of Social and Resourceful Editors (NASRE) has strongly condemned the reported illegal mining activities within the premises of Obafemi Awolowo University (OAU), Ile Ife. 

The association expressed solidarity with affected students, faculty, and staff members, stressing the need by the authorities to address this alarming issue. 

NASRE emphasizes the critical need for thorough investigations to gauge the extent of these illicit operations and to hold accountable those responsible. The safety and well-being of the university community are paramount and must take precedence.

In a statement signed by Lateef Owodunni, Media Director, the media group demand to know under whose watch such ecological devastation is taking place.

"NASRE echoes the call for immediate intervention to cease these illegal activities, thereby averting further environmental damage and safeguarding the local populace. We stress the importance of upholding academic sanctity and adherence to regulations. We assert that university community should not be subjected to such blatant disregard for the law.

"Furthermore, NASRE urges pertinent authorities, including the university management, the Federal Ministry of Environment, and the Ministry of Solid Minerals, to collaborate in launching a comprehensive probe into the matter. It is imperative that perpetrators face legal consequences to deter future transgressions.

"In addition, NASRE encourages international organizations to offer support in addressing this pressing issue, given its implications for environmental sustainability and public health beyond the local community."

Reaffirming its commitment to advocating for the rights and welfare of all Nigerians, NASRE pledges to closely monitor developments at OAU.
The association calls on all stakeholders to join forces in protecting educational institutions and securing a prosperous future for the nation.

The Igbimo Asoju Yoruba, a prominent socio-cultural organization, is urging Yorubas to refrain from participating in protests against the President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu.


In the midst of economic hardship, the organization is calling for unity and calm within the Yoruba community, emphasizing that stability and order will be restored soon.

In a statement signed by the convener of this group, Chief George Olufemi Ogunjimi said in these challenging times, it is crucial for us to come together as a people and focus on finding solutions to the economic challenges facing our community. The Igbimo Asoju Yoruba believes that with collective effort and a spirit of solidarity, we will be able to overcome these difficulties and emerge stronger.

We urge all Yorubas to remain calm and exercise restraint, and to work towards peace and stability. Let us keep faith in the process and believe that things will be in order soon. We trust in the resilience and ingenuity of our people and are confident that together, we will be able to navigate through these tough times.

The Igbimo Asoju Yoruba is committed to promoting the interests and well-being of the Yoruba people, and we call on all Yorubas to join us in working towards a brighter future for our community.

An unidentified man as been seen in a video on social media saying one of the leading bet company in Nigeria, Bet9ja should have invited its customers, expecially him to board meeting before they increase price to 200.

Watch Video Below

https://fb.watch/qrX2bnhiA4/?mibextid=Nif5oz

ISHI Homes, a leading provider of high-quality and affordable housing, has announced the signing of a popular Nollywood Actress, Ariyo Oluwakemisola, (KEMITY) as the company's official Ambassador. 

The accomplished Actress, known for her talent and philanthropic efforts, will work closely with ISHI Homes to raise awareness about the importance of affordable and sustainable housing in communities nationwide.


Kemity signed a one-year contract with the real estate company today 19th February, 2024 at its head office in Lagos.


Kemity brings onboard a passion for supporting communities in need and a dedicated commitment to social causes. Her involvement with ISHI Homes will further advance the company's mission of providing safe, comfortable, and affordable housing options for individuals and families.

Commenting on this development, the Chief Executive Officer (CEO) of ISHI Homes, Otunba Olayinka Ilufoye said, "We are thrilled to welcome Kemity as our Ambassador.

"Her dedication to positively impacting the world aligns perfectly with our company values. We believe that by working together, we can create even greater change and help more people in need of secure and stable housing"
, he said. 

As an Ambassador for ISHI Homes, Kemity will participate in various outreach programs, public speaking engagements, and media campaigns to bring attention to the critical need for affordable housing. 

Additionally, she will work directly with the company's team to develop strategies that support the expansion of the organization's reach and the impact it can make in communities nationwide.

"I am honoured to join forces with ISHI Homes as their Ambassador.

"I believe that everyone deserves access to safe and affordable housing, and I am committed to using my platform to support this important cause. I look forward to working with ISHI Homes and leveraging our collective efforts to create positive change for those in need", said Kemity. 

ISHI Homes is dedicated to improving the lives of individuals and families by offering secure and comfortable housing options that are affordable and sustainable. The company's partnership with Kemity will undoubtedly elevate its efforts to make a meaningful impact on communities in need.

By Adeyemi Obadimu

In a gesture of true generosity and appreciation for talent and humility, the Leader Of INRI Evangelical Spiritual Church, Primate Ayodele has gifted gospel musician Yinka Alaseyori a substantial sum of 2.5 million naira. This generous gift comes as a token of recognition for Alaseyori's unwavering humility, and dedication to her music career.

Primate Ayodele gave her the money today, Sunday 18th of February 2024 at the grand finale of his annual birthday and thanksgiving service, held at INRI Church Oke- Afa, Lagos.


He also promised to give her a jeep by June when he opens his newly built church.


Primate Ayodele, known for his philanthropy and support of talented individuals, was deeply moved by Yinka Alaseyori's humility and respectful demeanor, especially in her interactions with others in the music industry. In a statement, he mentioned that Yinka Alaseyori's humility and respectfulness has set herself apart as a shining example in the industry.

Yinka Alaseyori, an emerging gospel artist, has been making waves in the Nigerian music scene with her soul-stirring and faith-based music. Her commitment to her craft and humility in her interactions with colleagues and fans have garnered her widespread acclaim and admiration.

This significant gift from Primate Ayodele serves as a reminder of the importance of humility and respect in the pursuit of success, and as a token of support for Yinka Alaseyori's future endeavors in the music industry.

Mr Allen Agozie, co-founder of Fenmore Studios says the maiden edition of the Fenmore free Film Festival was aimed at empowering the Nigerian youths in the film industry.

Agozie, who said this at the sideline at the event, added that the young, yet rapidly ascending production company is a hub of innovation and creativity that is quickly carving a niche for itself, and promising a bright future for filmmaking in Nigeria.

The exhibition that took place in Abuja on Friday, 9th February had in attendance, H.E. Pascaline Gerengbo Yakivu, Ambassador of Congo DR to Nigeria, Directeur Judikaël Regnaut, Institut Français du Nigeria, Directrice Déléguée Magaly Losange, Institut Français du Nigeria.

``As a production company, Fenmore Studios decided to organise this film festival, in collaboration with Institut Français du Nigeria and Mambah Café, to celebrate short films and young filmmakers who are trying to tell our stories.

``Our efforts are to nurture new talent and highlight them as a notable entity to watch in the cinematic landscape’’.

According to him, as Nigerian youths grapple with unemployment, the film industry is a viable option that can create jobs and make people self-employed, if they can tap into it.

According to him, the Film Festive was an initiative to offer young filmmakers a platform to showcase their talents and creativity.

“The aim of Fenmore Film Festival is to give them a platform to showcase their works, and encourage them that they can be genuine tellers of original human stories’’.

He said that the theme of the festival was ‘Contemporary African Narratives’, was about the new ways of telling the African story.

``We want to tell our young filmmakers that they can change the nation through film.

“We selected and exhibited eight films that we believe show exactly what it means for young filmmakers in this generation to tell the same story that have been told before about society, but with a bent that will appeal to a wider audience.

“We hope that anyone that attended the festival falls in love with the films, and with this happening in Abuja, youth will join this community of young filmmakers to explore the vast opportunities that abound,” he said.

He noted that a lot of opportunities were available both in front and behind the camera for creative and talented young Nigerians who may want to venture into the motion picture industry.

``There are opportunities in the industry for every passionate and talented youth; from acting to cinematography, script writing, costume design and many more specialties.

``A lot of Hollywood films are being made with millions of dollars and that is because they think it is an industry worth investing in, and Nollywood actually has the same potential.

``So, what we really need to do is to start telling our own stories very well, genuine stories that a lot of people will be interested to tap into and make bigger on larger scale.

``That is when the money and employment will come, and the industry is definitely worth investing your time, talent and money in “, he said.

Agozie said that as Nigeria faces economic challenges and seeks to diversify its revenue mainstay, its rich culture and creative sector is a veritable alternative, if well harnessed.

He, therefore, urged the government at all levels to make the sector attractive to creative young Nigerians by providing necessary support in the form of funding and capacity building.

Some of the short films screened at the festival included ‘Swimming in a Sea of Trauma’, ‘You Matter to Me’, ‘Boy Meets Girl’, and ‘Cementary of Doves’. Others were ‘Rare Fish’, ’Hanky Panky’, and ‘A Quiet Monday’.

The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has commissioned an ultra-modern health care centre and gifted cars to his church members today Friday, 16th of February, 2024 in commemoration of his annual thanksgiving programme tagged ’21 days of unlimited praise’.

The event was well attended by prominent members across different sectors including the CEO of SIFAX Group, Dr. Taiwo Afolabi who unveiled the health care centre, the Vice-chairman of Ikorodu Local government, Aarebirin Honourable Princess Folashade Olabanji-Oba, Lagos commissioner of police, Adegoke Fayoade, Oniworo of Iworo, Oba Oladele Kosoko, to mention a few.

Stating the reason behind the health care centre, Primate Ayodele explained that the less privileged have issues accessing health care and even for an average Nigerian, it’s becoming unaffordable. Therefore, in his own little way to bring succor to the people, he thought of building a health care centre within his church where people can have access to 24/7 medical assistance.

To add to his several philanthropic projects, Primate Ayodele revealed plans to begin a free launch programme to the needy later in May and another edition of palliative market in July 2024.

‘’The average Nigerian is battling with so many things and health care is one of them. People have died because of illnesses that were not attended to because they couldn’t access medical assistance. My decision to build a healthcare centre for the people is borne out of the need to address the lack of medical assistance when it is needed. This is my own little way of assisting the government and largely, bringing succor to the people in order to prevent avoidable deaths’’

While reacting to this laudable project, Dr. Taiwo Afolabi appreciated Primate Ayodele for always giving back to the society especially the underprivileged. He acknowledged the several works of Primate Ayodele while confessing that he is surprised at the prophet’s philanthropic activities.

He also made it known that he sincerely loves Primate Ayodele for all he does for the less privileged and it’s the reason he attended the event despite his busy schedule.

‘’We are seeing your hand work, I pray God blesses and gives you more anointing. We are also doing something like this and we want to replicate it everywhere. We want you to keep it up because you are helping the needy in the society.’’

Also, Oba Oladele Kosoko commended Primate Ayodele for his massive empowerment programmes while vowing to always answer the man of God whenever he calls upon him for anything. Likewise, Princess Folashade Olabanji-Oba who anchored the presentation of the car gifts and other provisions made to the less privileged attested to Primate Ayodele’s unprecedented kindness to the people.

Continuing, Primate Ayodele gave out accommodation fees, shop rent, household items like mattresses, refrigerators, televisions, JAMB forms, work equipment, to mention a few.

It would be recalled that On Wednesday, 14th Of February, 2024, Primate Ayodele held the second edition of his palliative market where a bag of rice was sold for N20,000, a bag of beans was sold for N2,000, Tubers of yam were sold for N1,500, a bag of Semovita was sold for N1,500, garri was sold for N3,000, a carton of Indomie sold for N1,500, wheat was sold for N2,000 and gave out five cars to church members and a journalist.

The 21 days of unlimited praise started on January 29 and will be ending on Sunday, 18th Of February with the commissioning of a new church cathedral.

In a somber announcement, Access Holdings Plc is grappling with the untimely passing of its Group Chief Executive Officer, Dr. Herbert Wigwe, CFR, along with his wife and son. The tragic incident occurred in a helicopter crash in the United States of America.

The Nigerian Association of Social and Resourceful Editors (NASRE) expresses profound condolences to the bank.

In a letter addressed to Mr. Amaechi Michael Okobi, the director of corporate communication of Access Holdings Plc, and signed by the president, Femi Oyewale, the resourceful association pledged to maintain a strong connection to all the endeavors of the brand during their challenging period and beyond.

The letter partly reads, "On behalf of the board of patrons led by Lt. General Tukur Buratai (rtd), executives, and members of the Nigerian Association of Social and Resourceful Editors (NASRE), I extend our heartfelt condolences to the board, management, and staff of Access Holdings Plc on the untimely passing of your Group Chief Executive Officer, Dr. Herbert Wigwe, CFR, alongside his wife and son in a helicopter crash in the United States of America."

Described as a visionary leader and stalwart within the finance community, Dr. Wigwe's commitment, passion, and leadership at Access Holdings Plc have left an indelible mark on the banking industry. NASRE, in particular, acknowledges his significant managerial skills and contributions to the development of SMEs, the industrial hub of Nigeria, and Africa.

Oyewale affirmed that the sudden loss is not only felt deeply within Access Holdings Plc but also resonates with NASRE, as well as the entire business community.

Mr. Wigwe founded Access Bank in 1989. It became one of the largest banks in Nigeria in 2018 after acquiring its main competitor, Diamond Bank.

Distinguished Nigerian human rights lawyer, Jake Okechukwu Effoduh, has recently been appointed tenure-track assistant professor at the Lincoln Alexander School of Law, Toronto Metropolitan University. This institution, which bears the name of Canada's first Black parliamentarian, heralds Effoduh’s entry as a significant milestone.

Effoduh who took to Twitter to express his exhilaration about the role, said, “With utmost delight… I'll be joining the prestigious @LincAlexLawTMU as a tenure-track assistant professor. This is my ultimate dream come true, and I am honoured to join such an outstanding school that is shaping the future of pedagogy.”

The law school responded with a tweet warmly welcoming him to their academic community.

Effoduh is advancing his Ph.D. at York University’s Osgoode Hall Law School, with his research focusing on the ways that the legitimization of artificial intelligence affects human rights advocacy in Africa. He had previously served as Assistant Research Fellow at the Nigerian Institute of Advanced Legal Studies, Chief Counsel at the Africa-Canada Artificial Intelligence and Data Innovation Consortium (ACADIC), Partner at the Abuja-based law firm Praxis and Gnosis, and in an advisory position on the World Economic Forum’s Global Future Council on Frontier Risks.

His academic pursuits have earned him fellowships at prestigious institutions, including the Harvard Library Innovation Lab, the University of Ottawa’s Centre for Law, Technology, and Society, the Nelson Mandela School of Public Governance, and Carnegie Mellon’s Center for Human Rights Science.

Jake Okechukwu Effoduh’s earned a law degree from the University of Abuja, and has a master’s degrees from both the University of Oxford and York University.

An Ilorin Magistrate Court on Tuesday docked one Oloba Maroof Afolayan who allegedly caused the death of his friend, one Mustapha Balogun.

He was dragged before Magistrate Monisola Kamson for the alleged offences of criminal conspiracy, impersonation and culpable homicide contrary to section 97, 179 and 221 of the Penal code Law.


According to the police information, the wife of the deceased, Mustapha Halimat, recieved a call that her husband fell at his place of work, and had been subsequently rushed to the hospital.

Halimat, through the report, revealed that she discovered that her husband was brought into the hospital dead.

Police investigation however led to the arrest of the defendant (Afolayan) who reportedly traveled down to Samora, his home town with the deceased to perform some family rituals.

The report revealed that the deceased, who was Afolayan's friend was sick and vomiting but the defendant failed to take him to a nearby hospital for treatment nor report the incident at a police station.

The defendant (Afolayan) reportedly brought the deceased down to Owolabi hospital in Ilorin from his home town and was pronounced dead on arrival.

The prosecutor, Abdullah Sanni, urged the court to order the remand of the defendant in the Correctional facility considering the gravity of the alleged offence which is not ordinarily bailable.

Magistrate Monisola Kamson who presided over the matter, granted the application and ordered Afolayan's remand in Oke Kure correctional facility while the case was adjourned to 1st March, 2024.

The former President of the Student Union Government at the College of Health Sciences and Technology, Ijero-Ekiti, Oni Opeyemi Henry has urged The Governor of Ekiti State, Abiodun Oyebanji to turned his alma mater to Polytechnic Status.


In an Open letter to the Governor, the ex SUG President humbly appealed to the Ekiti State Government to provide the necessary financial support for the accreditation of all courses offered at the college.


"This accreditation is crucial to ensure the quality and recognition of the education provided to the students. By investing in the accreditation process, we can enhance the reputation of the college and open up new opportunities for its graduates.



" I would also like to express my heartfelt gratitude to the governor for the recent increase in subvention to all higher institutions in the state. This increase in funding will undoubtedly contribute to the growth and development of our educational institutions. I commend the government's commitment to providing quality education for the benefit of the entire state.


" I firmly believe that the upgrade of the College of Health Sciences and Technology, Ijero Ekiti to Polytechnic status will bring about positive changes and opportunities for both students and the community. I sincerely hope that our requests will be considered and that together, we can create a brighter future for the college and its students.



" However, i want to urge the alumnus of the College of Health Sciences and Technology, Ijero Ekiti, to give back to our alma mater, no matter how small. It is important to remember that government alone cannot shoulder the entire burden of transforming the college. Through our collective efforts, we can make a significant impact in improving the facilities, resources, and overall learning environment of the college.


" Let us come together as proud alumni and contribute towards the betterment of our college. Whether it is through financial contributions, mentorship programs, or sharing our expertise, each contribution, no matter how small, will make a difference. Together, we can support the college in its journey towards becoming a Polytechnic and ensure that future generations of students receive the best possible education.


" Lastly, I appeal to the management of the college to prioritize being more student-friendly. By fostering a supportive and conducive environment for learning, the college can attract more students and provide them with the necessary tools and guidance for success. Let us work towards creating an atmosphere that encourages collaboration, innovation, and personal growth".

To honour the grace of God on the life of Primate Elijah Ayodele, prominent personalities have confirmed their attendance at the forthcoming grand opening of the prophet's new church cathedral in Lagos.

The event which will be taking place on Sunday, 18th of February, 2024 will have the presence of the Sultan of Sokoto, Muhammadu Abubakar; Etsu Nupe, Yahaya Abubakar; the CEO of SIFAX Group, Taiwo Afolabi; Ogoga of Ikere-Ekiti, Oba Adejimi Alagbado; international society of diplomats, and several others.

The cathedral opening will also be the grand finale of Primate Ayodele’s 2024 annual thanksgiving tagged ’21 days of unlimited praise’. It started on 29th Of January with daily philanthropic activities which includes clearing of hospital bills, free medical and eye test, visits to police stations, visits to schools, visits to church members’ houses, empowerment programmes, to mention a few.

Also, to commemorate his annual thanksgiving programme, Primate Ayodele will be holding a second edition of palliative market on Wednesday, 14th of February, 2024 where food items will be sold for ridiculous prices in order to reduce the impact of economic hardship on Nigerian citizens.

In addition to these lined- up programmes, Primate Ayodele will commence the building of a mosque for the muslim communities, a bakery where the price of bread would be subsidized, a laboratory to cater for the medical needs of people, and several others.

Furthermore, the grand finale will feature the ‘mother of all empowerments’; hundreds of scholarships will be given, accommodation fees will be paid, landed properties will be dashed out, medical bills will be cleared and to cap it all, vehicles will be given to church members and journalists.

It is worthy of note that Primate Ayodele has been doing these for several years since he started his ministry. In previous years, he has given out cars, scholarships, paid accommodation fees, given out food items, and many others.