Henry Ajagbawa and K.C. Akuma, in company of three other persons (Adeola Ijose, Charles Onwera and Yomi Adeyemi) PURPORTEDLY RECENTLY appointed to the Board of BEDC Electricity Plc (BEDC), on Wednesday proceeded to illegally and forcefully break into the premises of the company in Benin, the Edo State capital, despite the subsisting court order granted…
Month: July 2022
Heritage Bank Partners Xplo-Sound, Adopt Ynspyre to Propel Growth in Entertainment Industry
Heritage Bank has disclosed plans to further adopt Ynspyre, a digital product to help cater and deepen support for professionals and amateurs for the creative and entertainment industry’s growth. The bank stated that in a bid to further expand its reach by connecting with more groups that align with its digital banking product vision, it…
Insurgency: 61,000 Boko Haram Suspects Held in the North East – Aregbesola
Minister of Interior, Ogbeni Rauf Aregbesola has stated that core of the criminal elements and insurgents across the country are on a path to defeat as they have been heavily degraded, adding that over 61,000 of them are in custody in the North-East. Aregbesola who stated this on Tuesday when he paid a surprise visit…
Sanwo-Olu Orders Probe into Boat Mishap
Lagos State Governor Babajide Sanwo-Olu has ordered a probe into the July 8, Mile 2-Ibeshe boat accident in which lives were lost. Seventeen passengers were reported drowned when a boat sailing from Mile 2 to Ibeshe, a suburb of Lagos, on Saturday capsized. The Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso in…
Dangote Says New Cement Promo Is A Way Of Giving Back N1billion To Its Customers
Dangote Cement’s sales Director, Funmi Sanni has stated that the ongoing cement promo of the company is a way of giving back a whopping sum of N1 billion to its loyal customers. She said customers are Kings and Queens and that the customers’ have done so much to ensure the dominance of Dangote Cement in…
Kuje Terrorists Attack Symptomatic Of Security Failure, Insider Conspiracy – Senate President
President of the Senate, Ahmad Lawan, has said that Tuesday’s attack on the Kuje Medium Security Custodial Centre by terrorists speaks volumes about the failure of the country’s security architecture. Lawan stated this on Thursday when he led a delegation of the leadership of the Senate to assess the level of attack on the correctional…
Eid-El Kabir: FG Declares Monday, Tuesday as Public Holiday
The Federal Government has declared Monday 11th and Tuesday 12th July, 2022, as public holidays to mark this year’s Eid-el-Kabir celebration. The Minister of Interior, Ogbeni Rauf Aregbesola, who made the declaration on behalf of the Federal Government, congratulates all Muslims and Nigerians both at home and in the Diaspora on this occasion. “I call…
Stanbic IBTC Bank Nigeria PMI dips to 17-month low in June
The Nigerian private sector remained in growth territory at the end of the second quarter, although recent challenges around cash shortages led to weaker new order growth and a renewed decline in output. As a result, business conditions improved at the weakest rate for almost a-year-and-a-half. Companies responded by raising their staffing levels, purchases and…
No Basis for Takeover of BEDC, Says Management
The management of Benin Electricity Distribution Company (BEDC) Plc has said there is no legal basis for the takeover of the company following the purported activation of the call on its collateralised shares by Fidelity Bank. The purported activation seeks to take over the respective Boards of Kano Electricity Distribution Company, Kaduna Electricity Distribution Company…
Wema Bank Launches Leadership School to Re-skill and Groom Leaders
Nigeria’s most innovative bank, Wema Bank Plc, has launched the Leadership Development School as an addition to its Purple Academy to help in the overall development and transformation of its workforce. Speaking at the formal opening ceremony of the leadership school, the Managing Director/CEO of the bank, Mr. Ademola Adebise, said organisations have a huge…