NPA Refutes Whistle Blowers Claim Of $1bn In Unity Bank, Say Account Frozen Since 2010.

Nigeria Ports Authority

The Nigerian Ports Authority (NPA) has refuted claims by a whistleblower that has an account in Unity Bank with a balance of One billion dollars. NPA disputed the claim in a statement signed by its General Manager in charge of Corporate and Strategic Communications, Mr. Jatto Adams. In which the agency said that the account number showcased by the whistleblower does not belong to the agency and that the said balance on the account was wrong. “Media reports based on a petition by one Mr. John Okpurhe to President Muhammadu…

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Regional Banks To Get 6 Months Deadline To Expand To 1 Additional Region


The Central Bank of Nigeria (CBN), pursuant to its regulatory mandate of promotion of financial inclusion in the country has advised licensed regional banks in the country to expand to one additional region. According to a CBN circular available to Nigerian Banker, titled ‘Expansion of the scope of Regional Banks in Nigeria’. The CBN said the additional requirements will affect Commercial and Non-interest banks licensed as regional banks in the country. “…Effective the date of this Circular, all banks with regional authorization shall be required to operate from one additional…

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Ifeoma Ezeugwu: Woman Guardian Who Drills Nails, Hot Iron On 10 Yrs Old Domestic Help’s Head As Enugu Govt. To Take Care For Her Wellbeing Condemns Heinous Act

, Miss Chinonye Nnadi

                          A Woman, Mrs. Ifeoma Ezeugwu has been arrested by the police in Enugu state for drilling nails in two places into the head of an a-10-year-old girl, Miss Chinonye Nnadi. The woman also allegedly used hot electric iron all over the body of the teenage girl. The offense the abused committed was carrying Madam Ifeoma’s little baby around 12 am in the midnight and sleeping off. So, the baby fell off her hands, but without sustaining any…

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Aluu Community Levy Forces OPM To Close Down Free Specialist Hospital

specialist hospital in the community

Aluu community in Ikwerre Local Government Area of Rivers State recently imposed levies on a free specialist hospital in the community, forcing the founder of the hospital to close it down barely a year after it became operational. The General Overseer of the Omega Power Ministries (OPM) Apostle Chibuzor Chinyere, the founder of the hospital said on Saturday that the OPM free specialist hospital will be shut down indefinitely. Speaking to newsmen at his residence, Apostle Chinyere said ” With a heavy heart, I the General Overseer of Omega Power…

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Stanbic IBTC To Release Audited Q2 2020 Results On Or Before August 29.

Stanbic IBTC retains Fitch’s AAA rating

Stanbic IBTC Holding Limited, a member of the Standard Bank Group has notified the Nigerian Stock Exchange (NSE) and the general public of its intention to release its half-year 2020 financial result on or before August 29, 2020. The notice was contained in a Press Release signed by the Company Secretary, Chidi Okezie, and published today 30 June 2020 by the NSE. The bank released refers: “This is to inform The Nigerian Stock Exchange as well as our Esteemed Stakeholders that our Board of Directors has decided to audit the…

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FG Approves Reopening Of Schools


The Federal Government has approved what it called “safe reopening” of schools nationwide in the next phase of the gradual easing of lockdown ordered to curtail further spread of COVID-19. However, only graduating students will resume. The Chairman of the Presidential Task Force on COVID-19, Boss Mustapha, disclosed this at the daily briefing of the task force in Abuja on Monday. He said the reopening of schools was meant to allow students in graduating classes to resume preparation for examinations. He disclosed that the latest developments were contained in the…

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Fidelity Bank Appoints Chike-Obi Chairman As Ebi Retires

The Nigerian Politicians Want Poor People To Make Sacrifices But They Drive 30 Cars Convoys And Fly Private Jets - Chike Obi

Fidelity Bank Plc has announced that two of its Board members: Mr. Ernest Ebi, who has been serving as chairman, Board of Directors, and Mr. Seni Adetu, who has been serving as an independent non-executive director, having successfully completed their tenure in accordance with the bank’s internal governance policy, will be stepping down from the Board. Under the Chairmanship of Ebi, the bank recorded significant growth across key financial metrics with both Messrs Ebi and Adetu playing significant roles, complementing management effort in the delivery of these milestones; in service…

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Lagos Schools Resume Aug 3, Churches, Mosques Remain Shut As Ogun Extends Weekend Lockdown By Two Weeks

#EndSARS: Lagos State Govt. Constitute Judicial Panels To Probe Police Brutality

The Lagos State Government has directed that schools should reopen on Monday, August 3, for only Senior Secondary School Class 3 and Technical Schools Class 3. Governor Babajide Sanwo-Olu stated this at the 16th briefing on the COVID-19 response at the State House in Marina, adding that pupils in Junior Secondary School Class 3 would need to wait for “about a week or two before resumption.” Sanwo-Olu also sustained the ban on churches and mosques, as well as on social gatherings, while clarifying that the schools’ reopening was only for…

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Nigerian Law School Paid Cleaner N32m/year – Auditor General

Nigeria law school

The Office of Auditor-General of the Federation on Thursday said it uncovered several anomalies in the financial records of the Nigerian Law School. The report said the management of the Nigerian Law School illegally paid N32m to the account of an unnamed cleaner over a period of 12 months. The Audit report presented to the Senate indicted the apex legal academic institution for misappropriation and spending without approvals. The 2015 Financial Report of the office is currently being scrutinized by the Senate Public Accounts Committee for investigation. The Auditor-General report…

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Nigerian Banks On Social Media, How Popular Is Your Bank On Twitter

Banks social media report

                              Apart from banks Customers’ Service hotlines where you can reach your bank 24 hours a day to make your complaint and get your banking issues resolved. Online charts directly on bank websites are another avenue Nigerian banks have perfected as a means of assisting their customers to provide resolutions to their banking challenges. Twitter has suddenly become an interesting avenue for bank customers to get instant responses to inquiries and compliant from their banks. The…

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