Author: Citynews

Three weeks after the revocation of Heritage Bank, customers of the defunct bank have raised alarm over the delayed payment of their trapped deposits by the Nigerian Deposit Insurance Corporation (NDIC). The President of the Bank Customers’ Association of Nigeria, Uju Ogunbunka, made this disclosure during an interview with Daily Post on Wednesday, 26 June, 2024Ogunbunka, who said NDIC should not procrastinate on the payment to depositors of the defunct bank, explained that NDIC may be facing challenges which are causing the delay in payments to customers of the defunct bank. “Yes, customers are complaining of delays in payment by…

Primate Elijah Ayodele, the leader of INRI Evangelical Spiritual Church is popularly known for his numerous prophecies and the manner at which they come to pass. Ordinarily, it’s almost impossible for any human to know so much about everything and this is why it’s surprising how Primate Ayodele features every sector of every country in his prophecies. Indeed, it’s not the work of flesh but the Holy Spirit. Primate Ayodele has made his marks on different sectors and one of them happens to be the health sector where his prophecies have been referenced countless times when there is an outbreak…

…describes act as terrorism, politics taken too far The Afenifere Youth Progressive Front (AYPF) has strongly condemned the dynamite explosion that occurred among the pro-Wike protesters in Port Harcourt, Rivers State on Tuesday. The group expressed concern that the purported protest, which was organised by top political leaders from Obio/Akpor to show solidarity for the FCT Minister, Nyesom Wike, turned violent when one of the protesters died while attempting to detonate a dynamite, causing increased tension in the state. In a statement signed by its President, Comrade Adelowo Rotimi Johnson, AYPF stated that the actions of the pro-Wike protesters were…

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…