Author: Citynews

A chieftain of the All Progressives Congress, Jesutega Onokpasa, has revealed that certain appointees of President Bola Tinubu are plotting to succeed him before the end of his tenure and are seriously wishing that the President will not make it to 2027 for their selfish reasons. Onokpasa, a lawyer and former member of the APC Presidential Campaign Council for Asiwaju Bola Tinubu, who lamented the alleged hypocrisy, pull him down mentality and anti-party activities going on in the governing party, laid curses on those he accused of wishing Tinubu dead, saying, “If they don’t repent, Asiwaju will attend their funeral.”…

…616 export containers abandoned •Maersk shipping to evacuate 1,900 by tomorrow — APM Terminal The drive by the government to raise its non-oil revenue may have come under threat as no less than 4,817 containers fully loaded with export goods are currently trapped at the Lagos port. Out of this, 616 have been abandoned for over three years, thereby worsening the fate of small and medium scale enterprises (SMEs) in the export business. Meanwhile, the shippers and their agents, terminal operators, shipping lines, are now locked in counter accusations over the cause of the delay even as the Nigeria Shippers…

By Serge Ayao, Lome The leader of INRI Evangelical Spiritual Church, Pastor Elijah Ayodele has touched several nations with his dynamic and unique prophetic ministry and it appears Togo is the latest country to experience the heavy wave of the prophet’s ministry. The Nigerian-born cleric has suddenly become a household name in Togo due to his remarkable prophecy regarding the country’s parliamentary election which took place last week. There are reports that Primate Ayodele’s prophecy videos and statements concerning the election have become ‘ringing tone’ for people who are yet to recover from the accuracy of his prophecy. Primate Ayodele,…

The Lagos State House of Assembly has kicked against the position of the Inspector-General of Police, IGP, Olukayode Egbetokun, that Nigeria is not ripe for the establishment of state police. Speaker of the House, Rt. Hon. Mudashiru Obasa, directed the Clerk of the House, Barr. Olalekan Onafeko, to write the Inspector-General and the National Assembly stating that the state lawmakers reject Egbetokun’s position. Recall that the IGP, represented at a recently held one-day dialogue on state policing, themed, ‘Pathways to Peace: Reimagining Policing in Nigeria’, opposed the establishment of state police, arguing that it would increase ethnic tension and cause…

…Scheme records abysmal performance …Experts fear old age poverty is escalating …Recommend way forward At the backdrop of heightened economic hardship subscribers to the micro-pension scheme have began to draw down on their contributions through contingency withdrawals. The micro-pension plan, MPP, was created by the National Pension Commission to encourage low income group, mainly self employed and informal sector workers, to have a pension savings for their old age. Financial Vanguard findings from pension data show that the contingent withdrawals by micro pension contributors in 2023 skyrocketed by 245.2 per cent to N21.4 million from N6.2 million recorded in 2022.…

•Lament loss of productive man-hour •Decry disruption of business operations, increased operational costs •Demand immediate action to normalise supplies Private sector employers in Nigeria yesterday decried the unending scarcity of the Premium Motor Spirit, PMS, commonly known as petrol across the country, saying ongoing disruption of businesses across diverse sectors, escalating transportation and logistical bottlenecks have progressively led to increased operational costs, among others. The employers, under the platform of the Nigeria Employers’ Consultative Association, NECA, expressed concern at the persistent queues for petrol at most filling stations in the country, amid dwindling productivity and economic activities. Speaking in Lagos,…

The Lagos Waste Management Authority (LAWMA), has served 343 contravention notices on construction sites at various locations around the state in the last one year. Commissioner for The Environment and Water Resources, Mr. Tokunbo Wahab, disclosed this at on-going ministerial press briefing to mark one year of the second term of Governor Babajide Sanwo-Olu Administration, in Alausa, Ikeja. He said the notices were served on them for not complying with the construction waste regulation procedure supervised by LAWMA. Wahab added that 354 new introductions notices were issued to construction firms within the same period while enforcement was carried out on…

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 3rd May 2024, this impressive growth in the topline also enhanced the bottom line, as profit before tax (PBT) rose to ₦320 billion in Q1 2024, representing an increase of 270% from the ₦87 billion…

Union Bank, one of Nigeria’s foremost and most trusted financial institutions, has announced another significant achievement with its attainment of the MSECB management system certifications in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018. The Bank was awarded these three noteworthy certifications by MSECB, a leading international provider of audit and certification services, after being rigorously assessed and found to be in accordance with the management system requirements covering Information Security, IT Service Delivery, and Business Continuity standards under the combined Information Management Systems (IMS) standards. The information security management systems ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 are internationally recognised…

A former governor of old Ondo State, Chief Olabode George (left), presenting the Daily Independent Governor of the Year (Tech Innovation) award to the Ogun State Governor, Prince Dapo Abiodun, on Sunday. The governor was represented by his Special Adviser on Media, Hon. Kayode Akinmade. Ogun State Governor Prince Dapo Abiodun has won the Independent Newspapers Governor of the Year (Tech Innovation) award for the year 2023. The award was presented to the governor, who was ably represented by his Special Adviser on Media, Hon. Kayode Akinmade, at the Eko Hotel and Suites, Victoria Island, Lagos, with former governor of…