Author: Citynews

In a significant development within the financial sector, AIICO Insurance Plc, one of Nigeria’s leading insurance companies, finds itself embroiled in a legal battle concerning the alleged misappropriation of funds amounting to N73,380 million. The accused, identified as Chidinma Kalu, a former marketing officer of AIICO Insurance Plc, stands accused of orchestrating a sophisticated scheme aimed at defrauding policyholders through deceptive practices. According to reports, Kalu exploited her position within the company to manipulate AIICO’s database and computer systems, enabling her to execute the fraudulent transactions. Her modus operandi allegedly involved persuading unsuspecting policyholders to invest in Single Premium and…

Verve, Africa’s leading payment card and digital token brand, recently celebrated women by rewarding Verve card holders with free bags of rice and vegetable oil. The event, held in Lagos, Nigeria, provided a wonderful opportunity for the brand to express appreciation to women and Verve cardholders. In line with this year’s International Women’s Day celebration, the event embraced the theme – “Inspire Inclusion,” – emphasizing the importance of motivating others to understand, value, and prioritize the inclusion of women in all aspects of life. Attendees enjoyed exciting activities like a dance competition and tic-tac-toe game, adding to the festive atmosphere…

By Akinwale Kasali FC Ramond International showcased their dominance yet again by securing a 1-0 victory against BYT FA in the Round of 64 clash of the Lagos FA Cup. The team’s relentless efforts paid off as they clinched the lone goal in the 75th minute, courtesy of Ayuba’s strike, assisted by Opeyemi. Despite a resilient opponent, Ramond’s determined performance propelled them into the Round of 32. Idowu Lukmon’s outstanding display earned him the Man of the Match award, adding to the team’s accolades. Chairman and CEO, Oluwaremilekun Adebanjo, commended the team’s stellar performance and expressed confidence in their readiness…

Nigeria’s richest woman, Folorunsho Alakija, and her husband of 30 years, Modupe Alakija, have parted ways, according to a report by TheWill. The mother of four and the businessman allegedly no longer live together in their matrimonial home in highbrow Ikoyi, Lagos. The couple were alleged to have been having frequent squabbles which allegedly necessitated the wealthy woman to demand utmost privacy in her home. Her husband was forced to seek accommodation elsewhere. He allegedly lives alone within the same Ikoyi neighbourhood. Sources reveal that it has not all been smooth sailing for the couple these past few years and…

A Federal High Court has been asked to halt further proceedings at the National Assembly seeking to extend the retirement age of National Assembly staff from 60 to 65 years. The President of the Senate, Godswill Akpabio; Speaker of the House of Representatives, Tajudeen Abbas; Chairman of the National Assembly and Clerk of the National Assembly are 1st to 4th respondents respectively. The request contained in a motion on notice filed by the Registered Trustees of Mavrik Applicant Solution Foundation, a non governmental organisation (NGO), is aimed at preserving the subject matter of a suit marked: FHC/ABJ/CS/287 /2024. The applicant…

As the world celebrated the International Women’s Day on Friday, telecommunications giant, Globacom, launched an empowerment programme for women in its employ. At the launch of SheGlows, an initiative of the Executive Vice Chairman (EVC) of the company, Mrs. Bella Disu, the company emphasised the need for the female gender to take their rightful place as co-contributors to corporate and national development. Mrs. Disu added that SheGlows is a female mentoring scheme which cuts across different cadres in the company. It was initiated to ensure that women in the management level mentor junior cadre women in the system to achieve their…

By Oluwaseun Fabiyi The Prophet Israel Oladele Ogundipe aka Genesis that I know with a simplicity heart of generosity, Undoubtedly he’s a gift from God to mankind, above all he remains a mercurial preacher with a pursuant of true gospel of our Lord Jesus Christ to the whole world. Were it possible from this time on, the never-ending heavenly Carol should be sung this season to a minister of God with a difference, and a man of the people whom you are, your essence and the things you do, are concrete attestations to the fact that, you’re divine. Your selfless…

Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination. This assertion was recently made at a special event hosted by the Bank to commemorate this year’s International Women’s Day celebration under the global theme #InspireInclusion. Tagged Ability Over Gender, the occasion provided the Bank with another unique opportunity to showcase its commitment to gender inclusivity and promotion of female excellence and competence across different fields of endeavour. The event highlighted a keynote address by Union Bank’s new CEO, Yetunde B. Oni, who reiterated the financial institution’s commitment to continually…

The First Lady of Nigeria, Senator Oluremi Tinubu has corroborated Primate Ayodele’s advice to the federal government on the effective punishment to give kidnappers and terrorists. The first lady who reacted to reports of 200 women who were kidnapped in Borno State, and over 280 pupils and teachers kidnapped in Kaduna State made it known that capital punishment should be given to anyone caught in the act of kidnapping. She described kidnappers as cowards while urging state governors to work on capital punishment for them in order to curb the act across the country. ‘’Enough is enough and I call…

By Akinwale Kasali Ramond International Advances to Next Round of Lagos FA Cup, Confident of Success Against BYT FA Ramond Football Club showcased its resilience with a 4-2 Penalty Shootout victory over Hephzibah Football Club, a Nigeria Nationwide League One side, in an intense match. Despite initially leading 3-1, FC Ramond Int’l allowed their opponents to equalize, leading to a 3-3 score at the end of Regulation Time. Oluwaremilekun Adebanjo, Chairman and CEO of Ramond FC, expressed disappointment with the team’s performance and urged them to learn from their mistakes for future matches. Looking forward to their upcoming match against…