Author: Citynews

The former Honourable Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, has officially endorsed the 2024 LERE FUNATHON, a sports, community engagement and entertainment event aimed at promoting health, fitness, wellness, and socio-cultural unity in Surulere Local Government Area of Lagos State. Gbajabiamila who is the current Chief of Staff to President Bola Tinubu and has consistently demonstrated his commitment to the welfare, growth and development of the Surulere community gave this endorsement of the maiden edition of ‘LERE FUNATHON during a courtesy visit of the Local Organising Committee members led by its chairman Sola Lawson. According to…

The Kano State Chairman of the All Progressive Congress, Abdullahi Abbas, has called for the arrest of a former governor of Kano State, Rabiu Kwankwaso, saying he is a threat to the security of the state. Abbas was responding to the allegations made by Kwankwaso, who accused the past administration of breeding Boko Haram terrorists, and misleading the Federal Government to destabilise the state.Kwankwaso made this statement during his speech at the 85-kilometre road construction flag-off in his hometown of Madobi community. Abbas called on security agencies, to arrest the senator so he could list the names of those he…

By Iheanyi Nwachukwu On Thursday June 20, Nigeria’s 6th largest bank, Fidelity Bank Plc will open its public offer and Rights Issue. According to an article on the Businessday website and authored by Iheanyi Nwachukwu, the bank is raising a total of up to N127.100billion by way of a Rights Issue to existing shareholders and a Public Offer (the Combined Offer). Under the Rights Issue, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares held as of January 5, 2024, at N9.25 per share. For…

The Nigerians in Diaspora Monitoring Group (NDMG) has nominated Governor Siminalayi Fubara for the Nobel Peace Prize for saving democracy and eschewing illegality in Rivers State. The group, in a statement on Tuesday, said the governor was brave, decisive and swift to direct Heads of Local Government Administration to assume responsibility for the 23 council areas. Recall that Governor Fubara ordered elected local government chairmen, vice chairmen and councillors to step aside on Monday after the expiration of their three-year tenure. In the statement signed by Dr Markson Martins, the Diaspora group hailed the governor for skillfully avoiding potential criminality and a breakdown…

Nigerian Governors have been urged to emulate Rivers State Governor Siminalayi Fubara in respecting the Local Government Chairmanship tenure system. The Young Christians’ Forum of Nigeria (YCFN) gave the advice in a statement signed by its President, Rev. Simon Pam, on Tuesday. The group hailed Governor Fubara for putting his political differences with the immediate past Chairmen aside and allowing them to complete their tenure smoothly without interference. YCFN said the Governor has set a new precedent for state and local government’s relationship in Nigeria, especially as regards power-sharing. The forum added that with people like Governor Fubara at the…

A group of 45 civil society groups under the auspices of the Coalition of Civil Society Groups in Nigeria for Promotion of Accountability and Transparency in Governance (CCSGNPATG) have thrown their weight behind the proposed Nigeria Shippers Council regulatory agency. Recall that the Bill for an Act to Repeal the Nigeria Shippers’ Council Act and enact the Shipping and Port Economic Regulatory Agency Bill and Related Matter passed second reading in the House of Representatives. This crucial legislation aims to empower the Nigerian Shippers Council to effectively regulate the shipping industry, protect the interests of shippers, and promote economic growth.…

The Chairman and Group Managing Director of Adron Homes and Properties, Aare Adetola Emmanuel-King has extended warm wishes to the Muslim community as they celebrate the annual Eid-Al-Adha festival throughout the country. He emphasizes the importance of peaceful coexistence, religious tolerance, and prayers for the country’s development, urging all religious leaders to embrace these values. In a statement signed by His Special Adviser on Media, Oladapo Sofowora; Aare Adetola encouraged all Muslims to stay committed to their faith and utilize the celebration as an opportunity to contribute to Nigeria’s development during these challenging economic times. Additionally, he calls on opinion…

Union Bank, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable environmental practices. This clarion call was made during an event organised in partnership with the Nigerian Conservation Foundation to commemorate this year’s World Environment Day. The program, held on June 5th, 2024, at the Lekki Conservation Centre in Lagos State, brought together various stakeholders, including environmental rights activists, international partner agencies, corporate institutions, government agencies, and students of select secondary schools, to deliberate and engage in activities marking World Environment Day. One of the main events on the day…

Guaranty Trust Bank has dragged Demola Shogunle’s Stanbic IBTC, Standard Chartered Bank, Jaiz Bank, NDIC (liquidator for Heritage Bank), and no fewer than 56 top executives of 13 commercial banks to court as a pending suit between GTBank and Afex Commodity Exchange over N17bn Anchor Borrowers Programme loan lingers. The 60 executives including the chairmen, chief executive officers, directors, and company secretaries of the 13 banks are facing contempt proceedings for allegedly failing to implement a No-Debit-Order reportedly placed on the accounts of Afex Commodity Exchange with the banks. In suit no FHC/L/CS/911/2024 involving Guaranty Trust Bank Limited and AFEX…

Moremi Ojudu, the Senior Special Assistant on community engagement in South west to President Bola Tinubu, extends her warmest greetings and felicitations to the Muslim ummah on the occasion of Eid-El-Kabir. In a statement released, Moremi expressed her well wishes for the Muslim community around the world, saying, “As the Muslim ummah celebrate Eid all across the world, I ppray that this holy feast will bring abundant joy and blessings to your home. May Allah accept our sacrifice as acts of worship. Wishing you peace, happiness and prosperity.” Moremi’s message of goodwill comes at a time when Muslims all over…