Metro

Police Arraign ‘Small Doctor’ For Unlawful Possession Of Firearms

The Police have arraigned musician Adekunle Temitope, aka Small Doctor, for unlawful possession of firearms. A credible source at the State Criminal Investigation and Intelligence Department, Yaba, said the popular artiste was arraigned before an Ebute Meta Magistrate’s court on Tuesday. Another source at the court confirmed the development. The suspect was paraded at the Police command headquarters at Ikeja …

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My Husband Neglected His Family Due To Infidelity, Wife Tells Court

Alhaji Suleiman Apanpa, the President of a Mapo Customary Court in Ibadan, on Tuesday dissolved a 13 years marriage between Anu Morakinyo and Toheeb Morakinyo over infidelity and habitual wife battering. Apanpa said it was only ungodly for men like Morakinyo to endanger their wives’ lives by beating them. “In the interest of peaceful living, the 13 years union between …

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FG Recorded N66.51bn Deficit In October – CBN

The Federal Government’s collected revenue fell by 38.4 per cent in October, and it recorded a deficit of N66.51bn within same period. The Central Bank of Nigeria revealed this in its ‘Economic Report October 2018’ which was released on Monday. In the report, the apex regulator stated, “Federally-collected revenue (gross) was estimated at N682.06bn in October 2018. This was below …

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CIBN Woos Nigerians Abroad To Invest In Economy

CIBN LOGO

The President, Chartered Institute of Bankers of Nigeria, Dr Uche Olowu, has said the institute is committed to encouraging Nigerians abroad to contribute to the development of the country’s economy, as part of its advocacy programmes. Olowu said this while speaking about some of the initiatives being embarked on by the CIBN during the 53rd Annual Bankers Dinner in Lagos …

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$8.1bn Demand: MTN Opts For Out-Of-Court Settlement With CBN

Telecommunications firm, MTN Nigeria Communications Limited, on Tuesday, asked the Federal High Court in Lagos to further adjourn the hearing in the suit it filed to challenge the $8,134,312,397.63 being demanded from it by the Central Bank of Nigeria. The $1.8bn demand by the CBN followed alleged forex remittances infraction by MTN. On Tuesday, MTN’s lead counsel, Chief Wole Olanipekun …

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Applications For Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens On TEFConnect

On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme. Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst of its kind – has empowered 4,470 African entrepreneurs, with seed …

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SEC Launches Green Bond Rules

The Securities andExchange Commission of Nigeria (“SEC”) officially launched the Green Bonds Issuance Rules at a ceremony yesterday, following a series of engagements with stakeholders and Capital Market Operators, the SEC rolled out its rules on Green Bonds on October 12, 2018. The SEC has collaborated on several occasions with the Green Bonds Market Development Programme, a programme supported by the Climate Bonds Initiative(CBI), the FMDQ OTC Securities Exchange (“FMDQ”) and the Financial Sector Deepening …

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Union Bank Shines At Sustainability, Enterprise And Responsibility Awards

Union Bank Logo

Union Bank has won the Best Company in Environmental Excellence Award and the ‘Peoples’ Choice Award for the Most Outstanding Company in CSR/Sustainability’ at the 2018 Sustainability, Enterprise and Responsibility Awards (SERAs). The awards were presented at the SERAS ceremony which took place recently at the MUSON centre in Lagos. Following an extensive vetting process that included on-site inspection of …

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Mammoth Crowd As Jonathan, Lamido, Kwankwaso Lead PDP Rally In Sokoto

The Peoples Democratic Party (PDP) has kicked off its 2019 presidential campaign at the Shehu Kangiwa Stadium, Sokoto, in the presence of a mammoth crowd. The campaign is being moderated by Dino Melaye, the senator representing Kogi west senatorial district, who was recently appointed as one of the eight spokespersons of the Peoples Democratic Party (PDP). A number of former and …

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Nursery Age Siblings Kidnapped By House Help Regain Freedom

Folake Sokoya Police on Sunday secured freedom for two underage children abducted by their househelp after about one week of captivity. The two children of Mr. and Mrs. Aneru Mutana of Gbagada Phase 2, Lagos, were kidnapped on November 26, 2018, by the househelp simply identified as Busayo, who kept the kids at a location close to the Nigeria-Benin Republic …

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