Author: Citynews

Emzor Pharmaceutical Industries is literally swimming in a pool of debt scandal as Nova Merchant Bank Limited filed a winding-up petition before a Federal High Court sitting in Lagos, against the firm. The bank is seeking to recover a loan of N6,205, 575,569.93 (Six Billion, Two Hundred and Five Million, Five Hundred and Seventy Five Thousand, Five Hundred and Sixty Nine Naira, Ninety Three Kobo) granted the firm. The suit marked: FHC/L/CP/1044/2024 has been assigned to justice Chukwujekwu Aneke. Listed as respondents in the suit are; Central Securities Clearing System Plc, Access Bank Plc, Ecobank Nigeria Limited, Citi Bank Plc,…

…To collaborate on LBS Agribusiness Management and Greener HOPE Agricultural Productivity Programme In continuation of the efforts of the leadership of the ORIGIN Tech Group to engender a more cordial relationship between the towns and the gowns, and other various layers of ORIGIN Tech stakeholders, the Chairman of ORIGIN Tech Group, Prince Samuel Joseph Samuel played host to the members of the Executive Education of the Lagos Business School (LBS)-Pan-Atlantic University during a courtesy visit led by its Director of Business Education, Mr. Victor Banjo, mni as well as Mr. Olatayo Folayan, Business Development Manager and Mr. Afolabi Oyewunmi, Relationship…

Cristiano Ronaldo has so often been Portugal’s saviour that potentially becoming the villain brought him to tears. The 39-year-old superstar was shown crying after missing a 105th-minute penalty in the Selecao’s Euro 2024 last-16 victory over Slovenia on Monday. Despite multiple attempts at goal and then Jan Oblak saving his spot kick, Ronaldo could not pierce Slovenia’s sturdy defensive wall and eventually, the match finished goalless across 120 minutes, leading to penalties. Taking Portugal’s first spot kick, this time the former Real Madrid hitman did find the net and his team triumphed 3-0 on penalties after Diogo Costa saved all…

Chelsea Football Club has completed the signing of midfielder Kiernan Dewsbury-Hall from Leicester City for £30 million. The 25-year-old becomes the fourth summer acquisition for the Blues, following the arrivals of Tosin Adarabioyo, Omari Kellyman, and Marc Guiu. Dewsbury-Hall played a crucial role in Leicester’s Championship-winning season, contributing 12 goals and 14 assists under former manager Enzo Maresca, who has also made the move to Stamford Bridge this summer. The transfer is expected to significantly aid Leicester in meeting Profit and Sustainability Rules (PSR), although it remains unclear whether the club will be fully compliant. Dewsbury-Hall’s departure marks the end…

The Netherlands swept into their first European Championship quarter-final since 2008 as Donyell Malen scored twice in a 3-0 win over Romania in the last 16 on Tuesday. Cody Gakpo gave the Dutch an early lead but they were unable to convert pressure into a crucial second goal until the Liverpool forward set up Malen with seven minutes remaining in Munich. Romania were gritty but out-classed, lacking the quality to punish their opponents’ profligacy before Malen added his second on the counter in stoppage-time. The victory put the Oranje on course for a quarter-final clash with Turkey or Austria, who…

The Nigerian Association of Social and Resourceful Editors (NASRE) Foundation, in collaboration with Nestlé Nigeria and others, has extended its aid to the widows, widowers, and ailing journalists of 23 deceased journalists in the country. To this end, the distribution of gift items to the 23 beneficiaries was held on Saturday, 29th of June 2024, at The City Pulse Lounge LTV8, Agidingbi Ikeja. This event marked the second edition of NASRE Foundation’s outreach programme, aimed at providing financial and moral support to journalists in need. The foundation supported 23 beneficiaries from Ogun and Lagos States, who are widows, widowers, and…

Individuals seeking to get admitted to the Nigerian Open University of Nigeria and other open distance learning centres are now mandated to register via the Joint Admissions and Matriculations Board. The candidates are also expected to register with their unique National Identification Number. This move, our correspondent learnt, was to checkmate nefarious activities. In an advisory released by JAMB and made available to our correspondent in Abuja, the Board promised to make the registration process as seamless as possible. The advisory reads, “As part of measures to checkmate the nefarious activities of fraudulent characters, who are scheming to compromise candidates’…

Ogun State Governor, Prince Dapo Abiodun, has ordered security agents to launch a massive manhunt for perpetrators of Sunday’s kidnapping along the Sagamu-Ijebu Ode Expressway. Many people were reportedly kidnapped around the Area Command and Ilishan City Gate on the ever busy road by gunmen who ambushed them at about 9 pm. Security sources said the kidnapping was an insider’s job as all the victims were foreign nationals who arrived the country the same day the incident occurred, adding that they were probably trailed to the location where the kidnapping took place. Prince Abiodun, in a statement on Tuesday, said…

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the verticals of focus for Hackaholics 5.0, the fifth edition of its youth-focused and campus-based hackathon, Hackaholics, charging Nigerian youth and innovators to explore these verticals and participate in the revolutionary hackathon. Hackaholics, reputed as Africa’s largest campus-based ideathon, is a youth-focused tech competition that serves as a platform for innovators and Startup founders with tech-driven or tech-enabled ideas and products to bring their game-changing ideas to life, solve real-world problems and scale their ventures. Since its inception in 2019, Hackaholics has toured…

The final slot for the sixth superstar to fight in the six-man ladder match at the Money In The Bank will be determined on Monday Night Raw tonight as Sheamus, Drew McIntire and Ilja Dragunov are set to challenge each other in a triple-threat match. Tune in to WWE Network on GOtv to watch! Following his return to WWE, Sheamus is keen to clinch another championship belt, but he will have to deal with the vicious McIntire and Dragunov. Meanwhile, the WWE universe will be anticipating a shock appearance by CM Punk who was hospitalised two weeks ago after McIntire attacked him…