Anambra election: AAC candidate, Nwankwo steps down, endorses PDP’s Ozigbo

By Wale Odunsi  Chidozie Nwankwo, candidate of the African Action Congress (AAC) in Anambra State governorship election has stepped down for Peoples Democratic Party (PDP) flagbearer, Valentine Ozigbo. The endorsement was announced Friday night by Ozigbo’s media team barely 24 hours before the election. “It is significant for being the only one of such endorsements in this campaign season”, the …

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FirstBank Lagos Amateur Open Golf Championship, The Longest-Running Golf Championship in Nigeria Begins

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the commemoration of the 2021 and 60th edition of its annually sponsored Lagos Amateur Golf Championship. The tourney is scheduled to Tee-Off at the golf section of Ikoyi Club 1938 on Thursday, 18 – Sunday 21 November 2021.  The FirstBank Lagos Amateur Open Golf Championship …

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Unity Bank Holds 7th Edition of Corpreneurship Challenge; Doles Out N10M Grant to Corp Members

Nigerian lender, Unity Bank Plc has handed out a total of N10 million in prize money as business grants to 30 NYSC members in the latest edition of its flagship Youth entrepreneurship and empowerment initiative, Corpreneurship Challenge held across ten states recently. The competition, already in its 7th edition, produced the 30 winners during the final business pitch for the …

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31 persons abducted in Ekiti in 3 months, N19.5m ransom paid

By Rotimi Ojomoyela  The last three months have been tough for the government and people of Ekiti State, especially those living in the extreme northern part of the state, as kidnappers appeared to have relocated to the area from neighbouring states of Kogi and Kwara, tormenting the inhabitants daily. At the last count, about 31 persons have fallen victim to these …

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CBN spends N58.6m to print 2.5bn Naira notes

By Emma Ujah The Central Bank of Nigeria spent the sum of N58.618 million to print 2.518 billion Naira notes, valued at 1.063 trillion in, 2020. This was contained in the bank’s 2020 Currency Report posted on its website. It indicated a decrease in the bank’s expenditure on currency printing, which stood at N75.523 billion, in 2019 and N64. 040 …

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Breaking: Collapsed Building Owner, Femi Osibona, Is Dead

Femi Osibona, the owner of the collapsed 21-storey Ikoyi building is dead.  Popular journalist, Dele Momodu, confirmed Mr Osibona’s death via his Instagram page on Thursday evening. Osibona’s body was discovered among others during the rescue process at the site of the building on Thursday. The late Osibona owns the popular Fourscore Homes, a Lagos-based real estate firm located along …

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UBA’s Abiodun Coker buries grandmum in Lagos

Eminent personalities from all walks of life, on Friday, 22 October, 2021, converged in Lagos, for the burial ceremony of Mrs. Joanna Tokunbo, the grandmother of Abiodun Coker, a journalist, public relations expert and core member of the media relations department of United Bank for Africa (UBA). The late matriarch slept in the lord on September 23, 2021 at the …

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Native Doctor Escapes Death as Aggrieved Residents Raze Shrine, 300 Pictures Found

A native doctor, identified as Mike India, escaped death by a whisker in Edoha community, in the Ahoada East Local Government Area of Rivers State following the discovery of about 300 pictures of residents in a shrine he allegedly operated. PUNCH Metro gathered that some youths in the area intercepted India at midnight while he was performing a ritual. The …

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DMO to raise N250bn from Sukuk bond before year-end

By Elizabeth Adegbesan The Debt Management Office (DMO)   said it is set to issue a fourth Sovereign Sukuk bond this year for an amount of N200 – N250 billion to finance road projects across the country. Sukuk is the Arabic name for financial certificates, also commonly referred to as “sharia complaint” bonds. According to the Office, it has appointed Transaction Parties …

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