By Tony Obiechina, Abuja In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank, the Nigeria Deposit Insurance Corporation (NDIC) has commenced process for the sale of landed properties and chattels of the defunct bank. The exercise according to a statement by Bashir A. Nuhu Director of Communication and Public Affairs Department on Sunday is pursuant to the Corporation’s statutory powers as liquidator of failed banks under section 62 (1)(d) of the NDIC Act, 2023. “It also comes after the exercise for the sales of physical assets of the defunct bank at…
Author: Editor
Read More
The former Governor of Anambra State and the Presidential candidate of the Labour Party in the 2023 election, Peter Obi, has extended a generous support package of 60 million Naira, with 50 million Naira for Peter University and 10 million for the School of Nursing, Adazi-Nnukwu. This gesture underscores his ongoing commitment to strengthening educational institutions in the society. During the presentation on Sunday at Peter University, located in Achina/Onneh, Obi stressed the transformative power of quality education as a pillar of national development. He urged students to pursue academic excellence, emphasising that an investment in education is an investment in the…
By Andrew Abah, ABUJA In a captivating opening game of the 10th Senate President’s Cup (Renewed Hope Edition), Young Stars FC from Ikot Ekpene, Akwa Ibom, emerged victorious against the Kaura Boys of Kebbi state, thanks to Bakare Omobowale’s first-half strike. The match, held in Abuja on Sunday, showcased the best of football as both teams displayed exceptional skill and determination. The kick-off ceremony was graced by the Chairman of the Main Organizing Committee, Senator Ita Enang, and Hon. Ibrahim Mohammed, who represents Birnin Kebbi, Kalgo, and Bunza Constituency in the Green Chamber. Speaking to journalists, both officials highlighted the…
By Harry Awurumibe, Editor, Abuja Bureau Debutantes, Edo Queens football club of Nigeria Sunday evening thrashed hapless Commercial Bank of Ethiopia (CBE) Ladies 3-0 in their opening match of the 4th CAF Women’s Champions League tie played at Laarbi Zaouli stadium in Casablanca, Morocco. The West African Football Union (WAFU-B) champions got down to busy early in the match as hotshot, Peace Emem Essien scored in the 5th minute but efforts to score more goals despite outplaying their Ethiopian counterparts proved unsuccessful until the end of first half. However, Edo Queens coach Moses Aduku made some tactical changes in the…
A veteran long distance runner, Joy Ebiye, once again dusted no fewer than 10,000 female runners to emerge winner of the 9th Lagos Women Run on Saturday, for the third and second time win consecutively. The News Agency of Nigeria (NAN) reports that the 9th edition of the Lagos Women Run, which was widely attended by athletes across Nigeria and Africa, kicked-off at 7.00 a.m., at the Tafawa Balewa Square (TBS). It finished at the Mobolaji Johnson Arena, running the loop of Lagos Island and part of Victoria Island to end at the stadium. Ebiye, an official of the Nigeria…
Real Madrid forward Vinicius Jr scored a hat-trick to help the LaLiga champions snap a two-game winless run in all competitions with a commanding 4-0 victory over Osasuna on Saturday. This follows shock defeats by Barcelona and AC Milan, their first back-to-back home losses in over three years. Real suffered two major early blows against Osasuna as forward Rodrygo and defender Eder Militao were both forced off injured. Manager Carlo Ancelotti brought Morocco forward Brahim Diaz and 21-year-old academy defender Raul Asencio off the bench and his side kept calm led by a brilliant performance from Vinicius. The Brazilian forward…
Wolverhampton Wanderers’ fastest goal in their English Premier League history set up a long-awaited league victory as they beat fellow strugglers Southampton 2-0 on Saturday. The win moved them off the bottom of the table. The hosts celebrated not only the win but also their first clean sheet of the season. However, Southampton’s misery continued. The Saints remained winless on the road and have now suffered nine defeats in their opening 11 games. Wolves climbed to 18th place with six points while Southampton sit bottom on four. In spite of controlling possession for much of the match, Southampton were undone…
President of Nigeria Football Federation, Alhaji Ibrahim Musa Gusau has once more provided clarity on the essence of sponsored local football tournaments, saying the essence is to identify talents worthy of being nurtured for enhancement of their careers. Speaking at the trophy presentation of the NFF President Football Tournament – a pre-season tournament for Clubs in the Nigeria National League – inside the NFF Secretariat, Gusau praised the organizers and charged them to ensure the inclusion of at least four teams from the host State, Kaduna, as a way of providing opportunities for rookie players in the hosting State to…
There is a common saying that a lie may travel swiftly but the truth will ultimately catch up with it. The average Nigerian is beginning to discern through Dangote’s web of deceit and tissue of lies, which includes his spurious claims and baseless accusations against industry regulators and other actors in the Nigerian oil industry. Interestingly, NNPC Ltd did not have to react or fight back despite possessing all the necessary evidence. Alhaji Dangote has failed to recognise the economic potential, profundity, and reach of an industry that has sustained Nigeria’s economic growth for five decades. A complex relationship is…
Let me confess a moral anguish. Is it right to submit to a writer’s liberty and paint a depressing pen portrait of the torment and joy, pain and comfort, sorrow and happiness, success and failure of the many brave souls in the western Diaspora? In deciding to document the existential struggle and victory of Lammy, I may be offering timely encouragement to many Nigerians who have passed or are passing through the same life changing experiences in their newly adopted countries. We are all graduates of what Lammy went through in London. Here is the story of a native stranger.…