Adron Homes Unveils 2024 Lemon Friday Promo: Huge Discounts and Flexible Payment Options Up to 60 Months
Adron Homes and Properties, Nigeria’s leading real estate company, has officially launched its highly anticipated 2024 Lemon Friday Promo, marking the ninth consecutive year of this revolutionary campaign. The promotional offer, which has transformed the lives of countless Nigerians, promises even greater opportunities for aspiring homeowners with a suite of exciting benefits and incentives.
At the official unveiling event held at Adron Homes’ headquarters in Lagos, Mrs. Adenike Ajobo, the Managing Director of the company, expressed her delight in launching this year’s Lemon Friday Promo. She highlighted how the promo has consistently created opportunities for many Nigerians to become proud property owners, offering not only affordable housing options but also an array of valuable gifts such as cows, inverter batteries, air conditioners, refrigerators, televisions, washing machines, and more.
“The Lemon Friday Promo has been life-changing for many of our customers. It reflects Adron Homes’ unwavering commitment to making housing accessible to all Nigerians, regardless of income level. This year, we’re offering an even more flexible payment plan, with options extending up to 36 months. It’s our way of ensuring that everyone, from all walks of life, can become a homeowner,” said Mrs. Ajobo.
Subscribers to the Lemon Friday Promo can enjoy up to 45% discount on various properties with a payment option of up to 60months, in addition to a variety of mouth-watering gifts including bags of rice, inverters batteries, gift vouchers, and even cows. This year’s edition continues to cater to the needs of all Nigerians, ensuring that Adron Homes’ properties remain affordable, accessible, and appealing to a diverse clientele.
With properties spanning Lagos, Abuja, Ogun, Oyo, Osun, Nasarawa, Niger, Ekiti, and Plateau States, Adron Homes has been at the forefront of reducing Nigeria’s housing deficit by providing secure, comfortable, and affordable housing solutions. The Lemon Friday Promo is a shining testament to Adron Homes’ dedication to creating a sense of community while promoting homeownership across the country.
“At Adron Homes, we pride ourselves in our ability to create communities that foster togetherness. This year’s Lemon Friday is not just about offering homes, but about building family-centric communities where people can thrive,” Mrs. Ajobo added.
The 2024 Lemon Friday Promo is set to surpass previous editions in scale, benefits, and impact, embodying the core values of Adron Homes: affordability, accessibility, and community building. This is a once-in-a-lifetime opportunity for Nigerians to own property while enjoying significant savings and exclusive gifts.
Don’t miss out on this life-changing opportunity! Take advantage of the 2024 Lemon Friday Promo and become a proud property owner with Adron Homes today.
For more information on how to subscribe and benefit from this offer, visit Adron Homes’s official website or send a DM on our social media platforms.
Adron Homes Reaffirms Commitment to Customer Satisfaction During 2024 Customer Service Week
Adron Homes and Properties, a leading real estate company, successfully celebrated Customer Service Week 2024 from Monday, October 7th to Friday, October 11th, under the theme “Above and Beyond.” The week-long event underscored the company’s unwavering commitment to customer satisfaction as its top priority.
Customer Service Week, observed globally, is an international celebration of the importance of customer service and the people who serve and support customers daily. It provides a platform for companies to appreciate the hard work and dedication of their customer-facing staff, as well as strengthen their relationships with clients.
Throughout the week, Adron Homes organized various activities aimed at enhancing both employee well-being and customer engagement. These included a health talk focused on promoting healthy living, a customer awareness walk to raise visibility and connect with the public, and a mental health awareness session that addressed workplace wellness and stress management, emphasizing the importance of mental health for both employees and clients.
Team bonding exercises were also held to foster collaboration and unity among employees, ensuring they continue to work together in delivering top-tier service. The event concluded with an awards ceremony recognizing staff members who consistently go above and beyond in customer service.
The Director General of the Customer Service Directorate at Adron Homes, Mrs. Aminat Hastrup Olaniyan, praised the company’s leadership for its vision and impact in the real estate sector. “I want to salute the management of Adron Homes for their giant strides in the real estate industry. Their dedication to customer satisfaction has set a standard that others aspire to. I also extend my heartfelt appreciation to all our front-liners for their persistence and the incredible work they continue to do in serving our clients,” she said.
Mrs. Olaniyan’s remarks highlighted the essential role of frontline staff, recognizing their daily efforts to ensure that customers receive the best experience possible.
Group Managing Director, Aare Adetola EmmanuelKing, reiterated the company’s customer-first philosophy, stating, “At Adron Homes, we are committed to exceeding expectations. Customer satisfaction is at the core of everything we do, and this week has been a reflection of our ongoing efforts to improve and deliver outstanding service.”
The Directorate of Customer Service reiterated her commitment to go above and beyond in satisfying and exceeding all our customer’s expectations both home and expanding the frontiers of excellence in customer care and improving customer satisfaction always.
System Upgrade: GTBank Customers Stranded for Another Day amid Fraudsters Invasion
The crisis facing the Guaranty Trust Bank Ltd (GTBank) on the upgrade of the bank’s banking platform has extended into another day and against the statement dropped last week by the bank that some banking operations will be available during the process, the customers of the financial institution have been left stranded as none of the promised operations are working.
If it would be recollected, the GTBank had last week in a press release, notified its customers that all branches will close at noon on October 11, reopening at 9:00 a.m. on October 14.
And that digital banking services, including transfers, bill payments, and airtime/data purchases, will only be available during this process, but other functionalities will be limited for 11 hours, from 10:00 p.m. on Sunday, October 13, to 9:00 a.m. the next morning.
Findings now show that both the digital services and others services needed for day to day running of its numerous customers’ lives has not been working even after the bank had announced that the upgrade has been completed, thereby creating panicking amongst the customers.
It was discovered that many branches of the GTBank are shut for customers who has gathered around to try if they can make above the counter transaction.
This gap has also exposed desperate customers to schemes of fraudsters who are cashing in on the gap left by the bank to defraud some of GTBank’s unfortunate agitated customers.
The bank’s activities has come under scrutiny since, they started this system upgrade, as against learning from the issues that befell others, the bank which inside sources revealed is currently working to recruit new set of IT experts to help rescue it from incessant crisis it has been facing recently, seems not to have wisely prepare against such occurrence.
Meanwhile, customers of the GTBank has since trooped to various social media platforms to air their grievances with lost businesses and other loses or other disappointment faced.
According to an X user under the handle @monathegirl she was asking the CBN about the sanctions they will be imposing on GTBank, while also seeking for compensation for the loss accrued due to the bank’s service disruption.
Another X user facing the same frustration of doing transactions even after the bank has announced that it systems has been successful upgraded as complained;
Hon. Anthony Ojo’s Medical Outreach in Ewhohimi, Edo Central attracts stakeholders’ attention
The people of Ewhohimi in Edo Central Senatorial District, Edo State have applauded Senatorial contestant, Hon. Anthony Ojo for his impressive free medical outreach.
During the outreach which was held recently, participants had free tests on Blood Pressure, sugar level and others, and also received free drugs from the medical experts who were on ground.
According to Hon Ojo, since he and Senator Okpebholo share the same political ideology and dream, the free medical outreach is part of his own way of contributing to the governor-elect’s agenda for the people of Edo.
He noted that the medical outreach was open to all and sundry, irrespective of political affiliations, tribe or religion, just as Senator Okpebholo has promised to run an all inclusive government.
Hon Ojo is one of the key organic supporters of the Edo State governor-elect, Senator Monday Okpebholo. His ‘One Good Turn Deserves Another’ movement was instrumental to Okpebholo’s election as a Senator, and now as a governor.
Ojo is hopeful to take the baton robust legislation from Senator Monday Okpebholo and to sustain the facelift and development of the Edo Central Senatorial District achieved by Senator Monday Okpebholo, the outgoing Senator of the zone and now the Governor-lect of the Heart Beat of the Nation, Edo State.
Jubilation in Sokoto as Bandits’ Nemesis Matawalle Arrives to Encourage Troops on War
Sokoto residents erupted in jubilation on Wednesday as Bello Matawalle, the Minister of State for Defence, arrived in the state to rally troops in the fight against banditry.
Matawalle’s visit is part of the federal government’s efforts to restore peace and security in the North West Zone, which has been plagued by banditry.
“I’m thrilled to see Matawalle here,” said Usman Usman, a local resident. “He’s a beacon of hope for us, and his presence gives us confidence that the government is committed to ending this menace.”
Matawalle’s reputation as a bandits’ nemesis has preceded him, with many residents praising his efforts to tackle insecurity in the region.
“Matawalle is a tested, trusted, and reliable leader,” said Umar Ibrahim, a Sokoto resident. “We believe in him, and we know he’ll do everything possible to protect us.”
Notably, Matawalle’s last visit to the northwest led to the death of notorious bandit kingpin Halilu Sububu. This significant breakthrough is a testament to the Minister’s commitment to eradicating banditry.
According to Shehu Mohammed, “President Tinubu and Matawalle’s collaborative efforts have yielded notable successes.
“With Matawalle here, we feel safer, and we know that help is on the way.”
Meanwhile in a statement on Tuesday by Henshaw Ogubike, director of information and public relations at the ministry, Matawalle said his arrival in the state spells doom for bandits and their supporters.
“As directed by Mr. President, I am back to Sokoto state to assure the people of this great region of our commitment to achieving all necessary yardsticks in the fight against insecurity,” he said.
“We will never leave you alone. I assure you, we will win this war against bandits and those supporting them to unleash terror against our people.
“We must collaborate with all stakeholders in this region to achieve our target. The federal government will continue to boost the morale of our soldiers and security agencies in this fight.”
The minister expressed his confidence in the ongoing military operation in the northwest zone.
“I am optimistic that our gallant troops will continue to record successes through Operation Fansan Yamma as we intensify our fight against these criminals,” he said.
Matawalle vowed to “relentlessly” fight bandits and their supporters, adding that the Tinubu administration will continue to prioritise the protection of lives and property.
The people of Bichi Federal Constituency in Kano State can look upon the accomplishments of their representative, Rt. Hon. Abubakar Kabir Abubakar Bichi, with immense pride. His contributions to their constituency, the state, and Nigeria at large have been both remarkable and impactful.
Nicknamed “Shine your Eyes,” the humble legislator was born on October 2, 1981, in Hagagawa village, Bichi town, the administrative seat of Bichi Local Government and the Bichi Emirate Council. His vision and commitment to democratic principles have set him apart as one of the leading figures of his generation. A champion of transparency and accountability, Rt. Hon. Bichi has earned a reputation as a transformative leader and a symbol of national unity.
While many legislators focus solely on their legislative duties—law-making, oversight, and appropriation—Rt. Hon. Bichi goes beyond these roles. Through his political acumen, he has broken barriers and extended his reach, bringing development not only to his constituency but also to other parts of the country. His dedication to using his personal resources and influence to uplift lives is a testament to his commitment to public service.
One of his most notable achievements is the asphalting of major roads in his constituency, which has greatly improved transportation and boosted the movement of goods, services, and agricultural produce. This infrastructural development underscores the effectiveness of a truly dedicated leader.
In education, Rt. Hon. Bichi has ensured that nearly all public schools in his constituency have well-equipped, conducive classrooms, fostering a better learning environment for students. He believes in empowering the youth while also taking care of the elderly, acknowledging that the future of every community depends on its young people, guided by the wisdom of its elders. His efforts include providing healthcare and resources for the elderly, further highlighting his inclusive leadership approach.
A forward-thinking leader, Rt. Hon. Bichi is not only focused on addressing current needs but also on leaving a lasting legacy. Among his various initiatives, his focus on agriculture has been transformative. By providing timely agricultural inputs, he has positioned his constituency as an agricultural hub, promoting food security and economic development.
Napoleon Bonaparte once said, “Ability is of little account without opportunity.” Rt. Hon. Bichi embodies this belief by empowering the youth through programs that advance skills, foster entrepreneurship, and create job opportunities. His initiatives have helped constituents build businesses and secure employment in government agencies. These efforts have opened avenues for personal and professional growth, making Bichi Federal Constituency a model of progress.
One of his hallmark programs is the annual scholarship scheme, which provides free education to tertiary students in his constituency. Over 10,000 beneficiaries have received this life-changing support, enhancing their intellectual capacities and opening doors to a brighter future.
Thanks to his pragmatic leadership, Bichi Federal Constituency has become a benchmark for others. His emphasis on human capital development, job creation, and wealth redistribution has improved social services and youth empowerment, setting a standard for national development.
In recognition of his achievements, Rt. Hon. Bichi has held key leadership roles, including Chairman of the House Committee on Works, Chairman of the House Committee on Appropriation, and Chairman of the House Committee on Federal Character. His extensive knowledge of Nigeria and his ability to foster unity have enabled him to oversee several federal road projects, including the Lagos-Badagry Expressway, Abuja-Kaduna-Zaria-Kano Road, Kano Light Rail project, and the Eko Bridge.
In the realm of law-making, Rt. Hon. Bichi has made significant contributions, including sponsoring the Bill for the Establishment of the University of Medicine and Health Sciences in Bichi, as well as the Office of the Surveyor General of the Federation (Establishment) Bill, 2021. He has been honored with numerous awards, including the 2024 Reps of the Year Award by the Democracy Heroes Award Africa, in recognition of his contributions to democratic values and community development.
A proud successor to a lineage of public servants, Rt. Hon. Bichi is the son of a former member of the Kano State House of Assembly and the Sarakuwa of Bichi. He received his early education at Hagagawa Primary School, Bichi, and went on to attend Government Junior Secondary School, Bichi, and Dawakin Tofa Science College, where he earned his Senior Secondary School Certificate. He later traveled abroad to further his education, earning a Bachelor of Science in Interdisciplinary Studies and a Master of Science in Energy Management from the New York Institute of Technology.
As we reflect on the achievements of this remarkable leader, we join the people of Bichi Federal Constituency in celebrating the life and legacy of Rt. Hon. Abubakar Kabir Abubakar Bichi on his birthday.
Unmarked Helicopter Spark Alarm in Obuama, Rivers State
Obuama, Rivers State – A youth leader in Obuama has raised concerns over mysterious unmarked helicopter flying over the home ot-[f Alhaji Mujahid Abubakr Dokubo-Asari, Alabo Edi-Abali of Kalabari Kingdom.
On Saturday, during Local Government elections, two unmarked helicopters with armed men flew low over Obuama and Dokubo-Asari’s residence. Another helicopter appeared today.
Alhaji Mujahid Abubakr Dokubo-Asari, a prominent figure in Nigeria’s Niger Delta region, has been a longstanding advocate for resource control and minority rights. As the leader of the Niger Delta People’s Volunteer Force (NDPVF), he has fought tirelessly for the rights of the Ijaw people and other marginalized communities. He is also a close abd long standing friend of President Bola Ahmed Tinubu.
Residents, including the elderly, are uneasy as the town is typically peaceful and hosts an army formation. The unknown affiliation and mission of the helicopters have sparked anxiety.
“We are living in fear, not knowing what these helicopters are here for,” said Mrs. Blessing Ebenezer, a 65-year-old resident. “We can’t sleep at night, thinking something terrible might happen.”
Chief Barr. Opuene , a community leader, expressed similar concerns: “The presence of these unmarked helicopters is unsettling. We urge authorities to investigate and reassure us of our safety.”
Youth Leader, Comrade Preye Harrison, who first reported the incident, emphasized: “Obuama has always been peaceful. These mysterious helicopters are causing unnecessary tension. We demand answers.”
The town’s apprehension grows as authorities remain silent on the helicopters’ origin and purpose.
Further investigation is needed to determine the origin and purpose of these unmarked flights.
Zenith Bank Enhances Customer Online Experience with Revamped Digital Channels
Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services.
This restoration follows temporary disruptions caused by a routine upgrade of the bank’s technology infrastructure, which aimed to optimize service delivery but impacted e-channel services recently.
In a post shared on Thursday through its social media platforms, the leading lender confirmed that all services across its electronic channels have been fully reinstated.
Reiterating its commitment to providing quality digital services, the bank assured customers of exceptional service with its newly enhanced technology infrastructure, designed to deliver seamless and innovative financial solutions.
The announcement stated:
“We are pleased to inform you that access to our digital channels has been restored, allowing you to perform transactions conveniently via your preferred platform.
We appreciate your patience during the IT infrastructure upgrade and sincerely apologize for any inconveniences you experienced.
Rest assured, we are dedicated to providing you with exceptional service, and the new IT infrastructure we have implemented will enable us to do so moving forward.
Thank you for choosing to bank with us.”
Important Reminder
Zenith Bank will NEVER call, SMS, or email you requesting your card details, PIN, token codes, mobile/internet banking login details, or any other account-related information.
We will also NEVER ask you to click on a link to update your bank information or activate your account. If you receive such messages, please DO NOT respond.
Access Holdings Leads Action in Sickle Cell Awareness Month
L-R: Amaechi Okobi, Chief Communications Officer, Access Holdings PLC; Ms. Timi Edwin, Sickle Cell Champions and Founder, CrimsomBow Sickle Cell Initiative, and Esther Graham, Team Member, Sustainability, Access Holdings PLC, at the Access Sickle Cell Awareness Initiative event to mark Sickle Cell Awareness Month at the institution’s headquarters in Lagos…recently.
In a heartfelt demonstration of solidarity and compassion, employees of Access Holdings PLC came together to donate 159 pints of blood as part of an initiative to commemorate Sickle Cell Awareness Month.
The donation drive, which saw over 200 employees participate, was executed in partnership with the Lagos State Blood Transfusion Service and the Boat Foundation/Life Bank. This contribution will directly support sickle cell champions, who often require urgent blood transfusions due to life-threatening complications from the disease.
Amaechi Okobi, Chief Communications Officer at Access Holdings PLC, spoke on the significance of the initiative, stating, “Every pint of blood donated represents hope and survival for someone living with sickle cell. We are incredibly proud of our staff who volunteered and our partners who made this possible. Access Holdings is committed to championing causes that change lives and create lasting impact.”
In addition to the donation drive, Access Bank, the flagship subsidiary of Access Holdings, hosted a webinar, featuring a distinguished panel of speakers, including Prof. Ebele Uche, Professor of Haematology at the Lagos State University College of Medicine; Dr. Bodunrin Osikomaiya, Executive Secretary of the Lagos State Blood Transfusion Service; Dr. Sola Adebekun, Executive Secretary of the Temitayo Awosika Help Foundation, and Ms. Judith Ojonugwa Mathew, a sickle cell champion. The webinar focused on raising awareness about the challenges faced by individuals living with sickle cell and emphasised the importance of regular blood donations in managing the disorder.
The panellists shared insights on healthcare gaps, the need for increased blood supply, and the impact of public-private partnerships in supporting sickle cell patients. The event also included personal stories from sickle cell champions, highlighting their daily struggles and the importance of timely interventions like blood transfusions.
Access Holdings’ involvement in this campaign underscores its dedication to advancing healthcare initiatives that benefit vulnerable communities. As Africa continues to see over 300,000 babies born with sickle cell each year, the need for advocacy, support, and healthcare solutions remains urgent. Access Bank’s leadership in these efforts reinforces its commitment to building a healthier society and creating long-lasting positive impact.
Segun Agbaje’s GTCO (GTBank) under Scrutiny over Huge Net Income Interest Profit Declaration, despite Pending Court Cases on Overcharging
Mark Twain, American humorist, journalist, lecturer, novelist and moralist was ascribed to have said “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.” This simply means one can’t expect bankers to be of help when they are really needed, this much can be used to describe how the Segun Agbaje led Guaranty Trust Holding Company Plc/ GTBank, has been working against its clients for personal profit.
There has recently been so much noise about the ₦1 Trillion plus profit declared by the financial institution. According to the report made available the Segun Agbaje led group was said to have made a large chunk of the announced growth of its income from the Net Interest Income (NII), which recorded a 176.9 per cent growth to ₦491.5 billion from ₦177.5 billion last year.
For a clearer understanding the Net Interest Income (NII), is the difference between the profit earned as interest on loans given to borrowers against the money it pays out as interest on deposits or loans to depositors and its lenders.
The most common effects of net interest income on borrowers according to findings includes; Higher Interest Rates (this is the period whereby financial institutions arbitrarily raise interest rates to enable them make money). Overcharging (this is such that the financial institution manipulate things so additional fees are imposed or charges on borrowers), Stifling Innovation and Growth and many more.
With Segun Agbaje’s GTCO announcing ₦314 billion increase on the previous year coupled with the current economic crisis facing the country, there is strong indication that the many accusations against the group as inherited from the GTBank on overcharging by several companies may be founded.
If it would be recollected, the bank before and after it metamorphous into the Holdings Company it currently is, is not new to sanctions that has to be with disregard for laid down rules, in 2018, the UK Financial Conduct Authority (FCA) stopped GTBank UK from taking on new customers, note GTBank UK is an independent subsidiary of the GTCO.
The bank was later fined £7,671,800 for serious weaknesses in its anti-money laundering (AML) systems and controls between October 2014 and July 2019, the huge fine became necessary when lesser fine of £525,000 in August 2013 for serious and systemic failings fails to deter the bank.
In a similar action of disregard to rules for profit maximization the GTBank Ghana’s Foreign Exchange Trading License was suspended earlier this year over breaches of foreign exchange market regulations which include incidents of fraudulent documentation within their foreign exchange operations for a month in accordance with the relevant law in Ghana.
The Segun Agbaje led organization’s knack for bending the rules for profit was a major reason most people are calling on CBN and other relevant agencies to investigate the announced profit especially with regards to NII as the litigation against the bank on issues that has to do with overcharging is still pending before various courts in Nigeria.
If it would be recollected, overcharging is the main bone of contention of the now more than ₦20 billion case between GTBank and Innoson Motors. Innoson had dragged the bank to court for over-charging on a loan facility it got from the Segun Agbaje led bank.
Information was that Innoson has decided to conduct a proper auditing when they started getting strange charges in their account, it was the process that revealed GTBank has over-charged it to the tune of ₦786million over the course of several years dating back to 2004, after which Innoson informed the bank.
It was when the bank denied it and insisted that Innoson is still owing them that the company was forced to seek court help where a subsequently judgement was given in May 2013, and the Segun Agbaje led bank was asked to pay the sum of ₦559,374,072.09, “with a 22 percent interest on the admitted sum to be paid from March 1, 2004 since that was the interest rate on the loan, till satisfaction of the judgment debt.
The court also added a 100% penalty as stipulated in the CBN Guidelines for excess charges by banks, which brought the total judgment cost then to ₦2.4 billion, but is likely to be more that ₦2o Billion at the moment because the bank has been finding way to stop the execution of the judgement.
Another case pending in court against the Segun Agbaje led GTCO, was made public knowledge last year when GTBank through a receivers’ manager tries to illegally (by pronouncement of a court) take over properties of Stallion Group Nigeria over a purported ₦13 billion debt, whereas the CFO of Stallion Nigeria contends that it is not owing GTB any longer and that on the contrary, it is on record that it has paid more than what was outstanding to GTB by ₦6,423,700,000.
Stallion Nigeria in its application, which was granted by the Court had explained that the preliminary KPMG forensic audit report had established that GTB overcharged Stallion, in excess, fraudulent and illegal charges of ₦4,693,625,637.49, adding that GTBank had accepted this finding by the auditors.
Stallion has been in court with GTBank since 2019 over allegations and claims with Stallion winning against GTBank at the Court of Appeal, Nigeria. The Court of Appeal presided over by the Honourable Justices Daniel-Kalio, Sirajo and Banjoko, had previously delivered Judgment in favour of Stallion Nigeria against Guaranty Trust Bank Plc on 24 February, 2022 and set aside the Ruling of Honourable Justice Saidu in favour of GTBank.
The problems that come with the Overcharging and Higher Interest Rate are some of the profit driven actions the Segun Agbaje led group, has been heaping on many of their customers that makes doing profitable business difficult. While some are locked in prolong legal battle with the bank and the group as a whole, some had been forced to throw in the towel.
One of the companies that was not so lucky because of the nature of business is Toyin Subair led HiTV, in an interview the lawyer turned businessman granted a news media in 2019, he lamented how 25% – 27% interest rate becomes a burden that killed the company in his word “At 25-27% interest on debt, most businesses cannot survive and you will be a slave to the banks for life. That is why they take collateral from you. They lend against your collateral not your business case. Regardless of our strong cashflows, the funding requirements continued to increase.” He explained
Stating further while advising prospects, “HiTV was paying an average of 1.1billion Naira approximately in interests and guarantee charges annually, for over 5 years! For a new company, we did a damn good job but really got blown out. I never live by debt and so was really ignorant about how interest works up till HiTV and of course since then you won’t catch me near it. But what do you do when you have to? They say internationally that “equity is more expensive than debt”, but that is NOT true in Nigeria. Debt is way too expensive and destructive.” He continued.
Knowing the antecedent of the Segun Agbaje led financial group well-meaning Nigerians has been calling on relevant regulatory agencies to look into the declared Net Interest Income and put in place measures to make sure the effort of the government to revamp the economy will not be frustrated by the company’s insatiable appetite for profit.
