On Friday April 8, during the bank’s Annual General Meeting, AGM, which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA applauded the UBA for its strong financial performance in 2015 despite the difficult operating environment globally. They also approved the board’s recommendation to pay a final dividend of 40 kobo per…
Governor Ayodele Fayose has kicked against plans by the Federal Government to increase Value Added Tax, VAT, from the current five per cent to 10 per cent, describing it as insensitive to the plight of Nigerians, who he said are suffering from the bad economic policies of the President Mohammadu Buhari led All Progressives Congress,…
Armed to the teeth security men on Monday manned the entrance of the secretariat of the Nigeria Football Federation, NFF, commonly called the Glass House to prevent entry. This followed the leadership crisis rocking the football governing body in Nigeria, which may force FIFA to ban Nigeria from football activities. Last week, a court in…
nTel, the latest player in Nigeria’s telecoms business, announced on Friday that it has commenced its phased and commercial operations in two cities; Lagos and Abuja. The company recently acquired NITEL from the Federal Government and it is set to give four other operators already in the market; Glo, MTN, Etisalat and Airtel, a run…
Arsenal survived a scare at West Ham in the early kick-off match of the Barclays Premier League on Saturday to go home with a 3-3 draw. The London derby lived up to expectations as the Hammers first came from two goals down to go ahead their visitors 3-2, all thanks to Andy Carroll’s hat trick.…
A former governorship aspirant of the All Progressives Congress, APC, in Kogi State, Rotimi Obadofin, has been reported dead. Obadofin was said to have died on Thursday in Osogbo, the Osun State capital, from a ruptured appendix. The deceased contested the governorship ticket of APC in last year’s election but lost the ticket to, Abubakar…
The council elections in the Federal Capital Territory, Abuja, have recorded some problems, which majority of the voters are not happy about. Aproko247 gathered that three of the major flaws recorded so far are low voters’ turnout, card reader failure and late arrival of officials of the Independent National Electoral Commission, INEC, who are to…
Former acting Chairman of the Peoples Democratic Party, PDP, Uche Secondus will get the sum of N10 million from the Economic and Financial Crimes Commission, EFCC. The money is compensation granted the PDP chieftain by the court for his unlawful arrest and detention by the anti-money laundering agency. Justice James Tsoho of a Federal High…
Former governor of Niger State, Abdulkadir Kure, has been apprehended by the Economic and Financial Crimes Commission, EFCC. Kure was picked by the anti-graft agency on Wednesday for allegedly receiving a N600m contract from a former National Security Adviser, Col. Sambo Dasuki. Punch said an impeccable source disclosed to it that Kure has since been…
Special Adviser on Media to the Senate President, Bukola Saraki, Yusuph Olaniyonu, has insisted that his boss will not bow to pressure to resign from office. Olaniyonu informed Premium Times in a text message on Friday that only the court can remove Saraki and that is when he is found guilty of allegations levelled against…