Month: March 2022

Reps Urge FG on Automatic Employment for First Class Graduates

The House of Representatives has urged Federal Government agencies to consider first class graduates for automatic employment when recruiting their members of staff. The House passed this resolution in Abuja on Wednesday following a motion on notice moved by Rep. Chinedu Emeka Martins. However, some members suggested that a bill should be sponsored to give…

Lagos-Ibadan Train Incident: House Orders Status Enquiry on NRC’s Operations

The House of Representatives has asked an ad-hoc committee to conduct a status enquiry on the operations of the Nigerian Railway Corporation and the rail system in the country. The exercise is to be conducted within four weeks. The House passed this resolution during its plenary on Tuesday in Abuja presided over by the Speaker,…

Civil Servant Bags 11 Year-Jail Term over N66.5m Pension Fraud

  An Anambra State High Court, in Awka, presided over by Justice Arinze Akabua has sentenced a former Treasurer with the Anambra State Ministry of Finance, Innocent Ezeonwuka, to 11 years imprisonment for defrauding pensioners of N66.5 million. Onwuka, who was a Sub-Treasurer with the Ministry, was accused by the Independent Corrupt Practices and Other…

Stanbic IBTC Infrastructure Fund 2021 Distribution to Unit Holders

Stanbic IBTC Asset Management (“the company”), a subsidiary of Stanbic IBTC Holdings PLC recently announced its final 2021 distribution of NGN2.00 per unit to unit-holders invested in Tranche I of the Stanbic IBTC Infrastructure Fund (“the Infrastructure Fund”). The distribution, which was made in January 2022, is in addition to the interim distribution of N1.24…

Oil Theft: EFCC Receives Five Suspects, Seized Vessels from Navy in Rivers

The EFCC, Port Harcourt Zonal Command on Monday, March 14, 2022, took over a metal barge, Kanye, a tugboat, MV BONNY RIVER, five (5) Crew members and a DAF truck with registration number JEG 206 XB, from the Nigerian Navy Ship (NNS) Pathfinder at Rumuolumeni in Port Harcourt, Rivers State. The crew of Victor Elias,…

Guaranty Trust Holding Company Plc (GTCO), the lead sponsor of the 26th edition of the Nigerian University Games Association (NUGA), at a ceremony in Lagos, was presented the Torch of Unity by the host institution, the University of Lagos (UNILAG). The higher institutions sports fiesta begins tomorrow, March 16, 2022. There are over 5,000 athletes…

You’ve DNA of Serial Betrayal, Ungratefulness – Wike tells Obaseki

Rivers State Governor, Nyesom Ezenwo Wike has accused his Edo State counterpart, Governor Godwin Obaseki as a politician who is given to serial betrayal of those who help to advance his political aspiration. Governor Wike made the accusation at the inauguration of the Community Secondary School, Omuanwa in Ikwerre Local Government Area of the State…

UBA’s Diversified Business Model, Enhanced Digital Platforms Key to Financial Gains – Uzoka

Africa’s global bank, United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the bank continues to deepen its foothold to reap the benefits of its investments in strong and innovative digital product offerings and expanded scope over the past few years. The Group…