Author: Citynews

The Rivers Christian Youth Vanguard (RCYV) has strongly condemned the explosion that occurred during a protest by the pro-Wike group in Port Harcourt on Tuesday, resulting in the tragic death of a protester. The group also denounced the actions of the protesters and the victim, who died while attempting to detonate the dynamite, as “barbaric, insane, and a heinous crime against humanity and themselves.” In a statement signed by Rev. Sunday Thomas, President of RCYV, the group urged the Federal Government to take immediate action and arrest the protesters, charging them with acts of terrorism. The statement emphasised that the…

Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials. This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend. Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an avenue for African businesses to display their creativity and gain opportunities in the competitive tech industry. In her keynote speech at the event, Dr Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer, Fidelity Bank Plc, stated that Fidelity Bank is rapidly implementing a digital-based retail-banking strategy by creating an SME…

The Lagos State House of Assembly on Tuesday called on the relevant offices of the government to embark on massive enlightenment of the residents on the best ways to curtail the spread of cholera in the state. This was as the House also called for the activation of some sections of the State health law to combat the health emergency which is said to have spread across some local governments leading to the death of 29 people as at Monday. Speaker of the House, Rt. Hon. Mudashiru Obasa, who presided over the sitting, further called for investigation into the source…

The Federal High Court Abuja has frozen about N1,198,911,864.72 domiciled in different banks following monies linked to ex-staff of Globus Bank alleged to have hacked into customers N3.5 billion transactions and stolen same. The order was made against the following account names Haril Global Solutions Ltd, Abdullahi Abubakar Sadiq, Onobun Oluwaseun Olumide and Oluwaseun Adeniyi Afolabi, following a request by the Economic and Financial Crimes Commission (EFCC) as exclusively seen by Nairametrics on its expertise originating summons (dated January 12, 2024) and associated internal memos and intelligence reports. The EFCC counsel, Olanrewaju Adeola, had asked the court to freeze all…

…Nigeria medical team releases own records Saudi Arabia Minister of Health, Fahd Al-Jalajel has said the ministry recorded 1,301 deaths during the recent Hajj season. Fahd Al-Jalajel disclosed that 83% of the mortalities were unauthorized pilgrims who performed Hajj and walked long distances under direct sunlight, without adequate shelter or comfort. “Among the deceased were several elderly and chronically ill individuals.” The minister underscored the significant efforts made by the competent authorities to raise awareness of the dangers of heat stress and the importance of preventive measures. He extended his condolences, saying, “May God forgive and have mercy on the…

RealtorMax Limited, a fast growing real estate firm in Lagos, has announced that subscribers to the luxurious Aje: The Wealthy Residence Estate in the Ibeju Lekki area of Lagos will receive their land allocation on Saturday, June 29. Dr Micheal Adeyemi, the Chief Executive Officer of RealtorMax, revealed that all necessary documents will also be presented to the subscribers, allowing them to begin construction immediately and fulfill their dream of owning a home in this prestigious estate. Adeyemi stressed that prompt allocation of property to paid up subscribers as well as fulfilment of all promises made to customers irrespective of…

Fidelity Bank Plc started its N127.1 billion combined rights and public offers to a rousing support from the investing public as key capital market stakeholders recalled the symbolic importance of Fidelity Banks impressive growths and investor-friendly disposition over the years. From the Nigerian Exchange (NGX) to stockbrokers, investors and customers; the N127.1 billion combined rights and public offer received unreserved recommendations, with industry thought leaders citing the performance of Fidelity Bank in its core banking operations and as a quoted company at the stock market. They said Fidelity Banks N127.1 billion combined rights and public offer was the right way…

The Nigerian Shipping and Port Economic Regulatory Agency bill has undergone multiple revisions, with the 2024 iteration duplicating the powers and functions of the Nigerian Maritime Administration and Safety Agency (NIMASA) and other Ministries, Departments, and Agencies (MDAs) under the Ministry of Marine and Blue Economy. This proposed shipping regulatory bill has sparked intense debate and discussion among stakeholders in the maritime industry, with concerns raised regarding potential increases in governance costs. Nevertheless, numerous experts believe that a regulatory framework is essential for the industry’s growth and development. In a public hearing that was held this year, stakeholders convened to…

The Aig-Imoukhuede Foundation, a philanthropic organisation committed to improving the lives of Africans through public service transformation and quality healthcare, has partnered with the Office of the Head of the Civil Service of the Federation (OHCSF) for the 2024 Nigeria Civil Service Week, which held between 14th to 23rd June 2024. Key highlights of this year’s events were the award of cash prizes to top performing civil servants through the Emily Aig-Imoukhuede Memorial Endowment Fund and the launch of the eagerly awaited Civil Service Culture Handbook, supported by the Foundation. The theme of this year’s Civil Service Week, “Educating 21st…

The Ogun State Government said Governor Dapo Abiodun’s Executive Order creating the Mineral Resources Agency is aimed at protecting those resources in its domain and entrench decency and sanity in the sector, for the common good of the people in the State. It said the Agency was set up for mineral identification, geological mapping of the state, and data banking, in line with item 39 of the exclusive legislative list regulating mining activities in Nigeria. Special Adviser to Governor Abiodun on Media and Strategy, Hon. Kayode Akinmade, given further clarification on the restraining order of government on Mining mineral resources…