Author: Citynews

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 31st Annual Best Bank Awards Winners. The editors of Global Finance made the selections after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts worldwide. Factors considered in selecting the top banks ranged from the quantitative objective to the informed subjective. Objective criteria considered included: growth in assets, profitability, geographic…

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation of the sector. The Association in a statement signed and released by its president, Rasheed Bolarinwa on Sunday said ACAMB had always affirmed its support for the CBN’s recapitalisation moves. Recall that the Olayemi Cardoso-led apex bank had last week issued and released a circular on review of minimum capital requirement for commercial, merchant and non-interest banks over the next 24 months. “This support…

Veteran Nigerian comedian, Atunyota Alleluya Akpobome, popularly known as Alibaba ,and his wife Mary, have welcomed a set of triplets. Alibaba announced the news on Monday through an Instagram post, revealing that the newborns, all boys, became part of the family two months ago. The boys have been named Aaron, Alexander, and Andrew. He wrote: “Mary and I are happy and overjoyed to welcome our three sons, Aaron, Alexander, and Andrew, into the Akpobome family. “It’s been two months since they arrived, and as the days go by, we thank God Almighty for these three beautiful blessings. “We also want…

The staff of fintech company, Palmpay has been arrested for illegally moving a merchant’s N2.6 Million into an unknown account. The staff, Seja Matthew Oluwatimilehin was said to have gotten direct access to the merchant’s account during an onboarding process and due to this access, he moved the funds bit by bit from January till March 2024. When the merchant noticed the unusual transaction in his account, he approached Palmpay’s office in Opebi to complain and it was confirmed that the transaction took place without the merchant’s notice. Following investigation by the merchant’s team, it was disclosed that the company’s…

Controversial social media critic, Martins Otse, popularly called Verydarkman has regained his freedom from police custody in Abuja Otse’s release was confirmed by lawyer, Deji Adeyanju, on Sunday. “After five days of back and forth, we have secured VDM’s release. Thank you to everyone that made this happen especially Sowore, Kefiano & VDM’s wonderful lawyers,” Adeyanju posted on X. The 27-year-old, according to former presidential candidate, Omoyele Sowore was remanded for alleged cyberbullying. Sowore said the police were misusing their power and colluding with powerful people in the country to oppress others. This is the second time the critic will…

A THREE-DAY spiritual revival for Synagogue Church Of All Nations SCOAN members ended at the weekend with crowd of members across Nigeria converging at its Prayer Mountain located at Agodo, Egbe Ikotun in Lagos. Though meant primarily for Nigerian audience, crowd of foreign visitors still besieged the Mountain in somber penitence of faith and high expectations. The intensive program which also ran through the nights was of marathon prayers and fasting as directed by the Holy Spirit for those who have the grace to participate. For the three days, the SCOAN Prayer Mountain was turned into a “Wailing Wall” reminiscence…

MultiChoice Group has appointed Nigeria’s Kemi Omotosho as the Regional Director of its Southern Africa operations. The promotion was part of the recent strategic management changes made by the company. Commenting on the promotion, the Chief Executive Officer of West Africa, MultiChoice, Mr. John Ugbe, said it reflects the equal career growth opportunity for people across different markets in the MultiChoice Group. “MultiChoice operates an inclusive workplace that provides equal opportunities to staff irrespective of their gender and nationality, as evidenced by the recent appointments within the group. Omotosho rose through the ranks in the West Africa…

By Adeyemi Obadimu Veron Adron Homes, a leading real estate developer, is extending heartfelt greetings to the Christian community as they celebrate Easter, a time of faith, hope, and renewal. As we gather in the light of Easter’s dawn, Adron Homes acknowledges the profound message of hope that this sacred season represents. To our cherished Adron Homes family of Christian faith around the globe, we wish for this Easter to resonate deeply within your hearts. Easter stands as a testament to the unyielding power of faith, serving as a beacon of light in times of darkness and a promise of…

Policemen from the Oko-Oba Division of the Lagos State Police Command, on Sunday, arrested two suspects for breaking into a shop and stealing some items. The command’s Public Relations Officer, Benjamin Hundeyin, disclosed this in a post on his X handle on Sunday. His tweet read, “Stop and Search: At about 6:30am, patrol officers from Oko-Oba Division intercepted 24-year-old Adeyemi Ibrahim and 45-year-old Taiwo Adisa in a mini bus popularly known as Korope, with one generator, one gas cylinder and one bluetooth speaker. “Upon questioning, it turned out they just broke into a shop in Iju-Ishaga area and stole the…

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has urged Nigerians to embrace charity in commemoration of Easter celebration. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele called on Nigerians to emulate Jesus Christ who died for the sake of mankind by embracing each other and extending love without any form of discrimination and regard for differences. He posited that Nigeria as a country is going through difficult times in terms of economy, security and administration, admonishing citizens to stay united, support one another and engage in charitable deeds in order to help the…