Author: Citynews

AIICO Insurance Plc, a prominent non-banking financial services provider in Nigeria, finds itself entangled in 34 legal disputes while experiencing a significant increase in directors’ compensations and allowances, soaring by 38.54% between March 2023 and March 2024. According to the insurer’s first-quarter financial report for 2024, the company remains undeterred by the legal challenges, asserting that they pose no substantial threat to its operations. Despite facing claims totaling approximately N2.33 billion, AIICO remains confident in its legal stance, as outlined in its financial statement submitted to the Nigerian Exchange Group. The company highlighted ongoing legal battles with entities such as…

His Royal Majesty Oba Babatunde Saliu Oloworo of Oworonshoki Kingdom Refutes Malicious and libelious Report by Sahara Reporters. His Royal Majesty, Oba Babatunde Saliu Oloworo, the revered Monarch of Oworonshoki Kingdom, is compelled to address a fabricated report published by Sahara Reporters on June 3rd 2024. The report falsely alleged that thugs working for the monarch attacked a pregnant woman and her fellow traditionalists. His Royal Majesty Oba Babatunde Saliu Oloworo vehemently denies this malicious report, stating that it is entirely untrue and a gross misrepresentation of facts. The monarch assures the public that he does not condone or employ…

The Arewa Leadership Foundation has advised Governor Abba Yusuf to redirect his attention to addressing the pressing needs of Kano State and its citizens rather than engage in personal vendetta. In a statement signed by Dr. Isa Abubakar, the group cautioned the Governor to stop seeing Alhaji Umar Ganduje and Emir Ado Bayero as his problems in delivering the dividends of democracy to Kano people. Abubakar said as a Governor, his primary responsibility is to serve the people of Kano State, not to engage in political squabbles. According to him, recent assessments by local and international organisations have raised concerns…

…celebrates its first decade of business operations Labule, a Nigeria-centric quick-service restaurant, operating under an indigenous company, Roots Foods Limited, is set to open a new outlet in Ikorodu come June 8, 2024. The opening of the new outlet also coincides with the first decade anniversary of the restaurant in Nigeria. The opening of the Ikorodu outlet will make it the fourth outlet established since its inception. The three other outlets can be found in Ogudu, Lekki and Ikeja. Speaking at the unveiling of the new outlet, the Managing Director/Chief Chef, Roots Foods Limited, Binta Adisa, noted that the restaurant…

Members of the organised labour comprising the Nigeria Labour Congress and Trade Union Congress, on Tuesday, suspended their strike for five days, a leader of the NLC told our correspondent in Abuja. The centres are expected to issue a statement shortly before the commencement of negotiations with the government. The strike which commenced on Monday was called to protest the failure of the Federal Government to approve new minimum wage by May 31 as well as its failure to reverse the hike in electricity tariff. It was gathered that after a six-hour meeting with the leadership of organised labour in…

A Coalition of Lawyers in Nigeria under the aegis of Lawyers for Justice has rated Governor Siminalayi Fubara high on his first anniversary in office. In a statement signed by its President, Moses Okino, the group said it came to this conclusion after a comprehensive assessment tour across the state to evaluate the governor’s performance. According to Okino, the tour covered various local government areas, where the coalition interacted with citizens, community leaders, and project beneficiaries. The Lawyers for Justice acknowledged the governor’s efforts in revitalizing the state’s economy, improving security, and enhancing the overall quality of life for Rivers…

…Sets sights on developing next generation of Payment Technology Talent for Africa Interswitch Group, one of Africa’s most renowned digital payments and commerce companies, has announced the commencement of its Electronic Funds Transfer (EFT) Engineering Programme, which is an early-career development programme for engineering talents to develop competencies in end-to-end electronic funds transfer technology and operations. Through this new programme, which will incorporate six months of intensive and hands-on training and global exposure to latest dynamics and best practices in Switching and Electronic Funds Transfer (EFT) technologies, Interswitch hopes to onboard up to 40 EFT engineering talents. The programme is…

With my career spanning close to three decade in the media with half of it dedicated to covering religion issues, I am acquainted with a lot of Preachers, Prophets, Bishops, Apostles, Archbishops etc and I can say their attitude and style are not different from each other except for few who strife to live a distinct exemplary life style. Nigeria and Africa at large are not strange to Prophets and their prophecies. This set of people to say top the chart among rank and files of leadership in the Christendom. In Nigeria, many Prophets have come and gone and many…

By Simon Peter In examining the realm of governance and public resource management, one would agree that, accountability is a sacrosanct principle that serves as the bedrock of trust between the government and its citizens. However, in Rivers State, Nigeria, this fundamental principle appears to be under assault, as a plethora of allegations ranging from misconduct to malfeasance swirl around the former governor, Mr. Wike. The people of Rivers State have endured immense suffering under Wike’s leadership, and it is now incumbent upon Governor Sim Fubara to take swift and decisive action to investigate these egregious wrongdoings, hold perpetrators accountable,…

RCCG suspends City of David’s Pastor Iluyomade amid controversyThe Redeemed Christian Church of God (RCCG) has suspended Pastor Idowu Iluyomade, the Senior Pastor of the City of David parish, amid a growing controversy. The suspension, which reportedly occurred over the weekend, has stirred discussions within the church community. According to ChurchTimes, the suspension was a decision made by the church’s governing council rather than by Pastor Enoch Adeboye, the General Overseer of RCCG. “It was not Pastor Adeboye that suspended him. The governing council decided to suspend him. I think it’s a decision in the right direction, though some believe…