Our attention has been drawn to the planned disruption of service and social media attacks on the Bank by a few outsourced staff who were recently recalled by their employers. The move, which is the handiwork of the outsourced staff who were on secondment to the Bank as Note Counters, is aimed at casting the Bank in bad light.
Their employers have confirmed to the Bank that their recall was conducted in line with their existing contracts and according to extant labour laws.
As a responsible financial institution, operating in Nigeria, Fidelity Bank is guided by the laws of the land. Whilst we are not against the right to lawful assembly, the planned actions directed at Fidelity Bank, by these misguided individuals, are clearly unwarranted and misdirected. We urge the public to disregard the falsehood and claims being circulated by them in the public domain.
With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) by FirstBank’s Chief Executive Officer, Dr. Adesola Adeduntan, who also served as the Chairman of the CIBN 2019 Conference Consultative Committee. The event was held in Abuja on 24 – 25 September 2019.
The CIBN conference themed: “the future of the Nigerian banking industry – 360o” had Professor Yemi Osinbajo, Vice President, Federal Republic of Nigeria as the Special Guest of Honour.
In his remarks, the Bank’s CEO said FirstBank would support all efforts to ensure effective financial inclusion in Nigeria.
According to Adeduntan “we have a very ambitious plan to appoint about 500,000 agents across the nook and cranny of our country and to ensure that banking facilities and services are made available to all Nigerians.”
He noted that the banking sector in Nigeria remained the primary partner to the government with regards to economic growth and development in the country. “If we do not utilise those opportunities and mainstream them properly, the country and the entire economy will be left behind,” Adeduntan stated.
In 2017, FirstBank launched its agent banking network; ‘Firstmonie Agent’, described as its ‘Human ATM’. The Firstmonie Agents are empowered to extend access to finance to all Nigerians, regardless of where they may be across the country. The Firstmonie Agents complement the Bank’s effort at reducing the unbanked in the country, whilst providing a handful of the Bank’s bespoke financial services, including; account opening; cash deposit; airtime purchase; bills payment; withdrawals and money transfer.
According to the Bank, FirstMonie Agents are usually owners of small businesses within communities with limited or no banking penetration. The Bank has an Agent Banking strength of over 31,000 Agents, spread across 98% of the country’s 774 Local Government Areas (LGAs).
Professor Yemi Osinbajo, Vice President, Federal Republic of Nigeria (middle); Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited (right); Dr Uche Olowu, President, Chartered Institute of Bankers of Nigeria (second right); Otunba Debola Osibogun, Non-Executive Director, FBN Holdings Plc and former President, Chartered Institute of Bankers of Nigeria (third left); Mr. Abdullahi Ibrahim, Executive Director, Public Sector, First Bank of Nigeria Limited (second left); and Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited (left) at the CIBN 12th Annual Banking and Finance Conference held in Abuja
The Maiduguri Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Thursday, September 26, 2019 arraigned one Adam Kaka Adam before Justice Ibrahim Jauro of the Yobe State High Court, Damaturu, on one-count charge, bordering on criminal misappropriation to the tune of N11, 657, 500.00 (Eleven Million Six Hundred and Fifty-seven Thousand Five Hundred Naira).
Adam was a former Service Manager, in charge of Vault Room and Automated Teller Machine (ATM) in Unity Bank Plc, Damaturu Branch, Yobe State. Trouble started for him when the EFCC received a petition against him from his employer (Unity Bank Plc), alleging criminal misappropriation of the said sum, meant to be fed the ATMs of the branch which he is alleged to have dishonestly converted to his personal use.
The charge reads: “That you, Adam Kaka Adam, while being the Branch Service Manager with Unity Bank Plc, Damaturu, Yobe State, in charge of the Vault Room and Automated Teller Machines (ATM), sometime in 2017 at Damaturu, Yobe State within the jurisdiction of this honourable court and in such capacity dishonestly took the sum of N11, 657, 500.00 (Eleven Million Six Hundred and Fifty Seven Thousand Five Hundred Naira) only, being the property of Unity Bank Plc without its consent and with intention of permanently depriving it of the said sum and thereby committed an offence contrary to and punishable under Sections 286(1) and 287 of the Penal Code Law, Laws of Yobe State of Nigeria respectively.”
The defendant pleaded not guilty to the charge. Following his plea, prosecution counsel Khalid Sanusi prayed the court for a trial date and for the defendant to be remanded in prison custody.
Justice Jauro admitted the defendant to bail in the sum of N1million with two sureties in like sum and adjourned the matter to October 15, 2019, for the commencement of trial.
Adam Kaka Adam, Unity Bank Manager who allegedly stole money
African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on the world’s stage.
The 2019 African Freestyle Football Championship ended on a high note, with defending champion Abdul Titi Kone of Cote d’Ivoire emerging as the African Champion once again. This event marked the 2nd edition of the African Championship and the 3rd annual edition of the Nigerian Championship hosted by Feet ‘n’ Tricks International Limited. The final was a repeat of the 2018 championship, as Kone again defeated Egypt’s Yousef Mohamad just as he did in last year’s final while Ashley Mhkize of South Africa placed third.
In the female category, Evelyn Okafor (Nigeria), Hadhara Charles (Tanzania) and Augustina Unamba (Nigeria) placed first, second and third respectively.
This year’s edition accommodated at least 30 African countries that participated at the championship.
The Chairman of AFFC, Valentine Ozigbo, who commended bank for being at the forefront of promoting freestyle football for the past two years, said Heritage Bank is “always very innovative and supportive to the cause of entertainment and youth development.
According to him, these achievements would have been impossible without the extensive support of the official bankers (Heritage Bank) for the championship for two years running.
Speaking further, Ozigbo hinted, “since inception, Feet ‘n’ Tricks has been committed to promoting freestyle football talent to stardom and we haven’t relented. Through this platform, we have seen talented freestylers get a head start in life, travel to exciting places and represent our beloved continent doing what they know how to do best.”
The MD/CEO, Heritage Bank, Ifie Sekibo, said the bank has strong desire towards developing and positioning youths to become world-class citizens equipped and ready to be absorbed into an increasing competitive professional skills and endeavours.
Sekibo, who was represented by an Executive Director, Jude Monye advised the youths who were participants to adopt strong positive character to enable them take advantage of the platform being presented to them.
“One of the reasons why we chose, as an organization, to support the freestyle championship is to enhance youth development in sport and entertainment, which will empower them play vital roles in the socio-economic development of the country and help curb the high level of unemployment,” he stressed.
According to Sekibo, the drive to support youths seeks to create, preserve and transfer wealth across generations.
It is against the backdrop of the competition that Nigeria Football Federation (NFF) President, Amaju Pinnick, promised to give more support to the entertaining part of football.
“We need to encourage this entertaining part of football because what they are doing here is great. Freestyle is quite interesting, and I am happy with what I have seen so far.
“With this project, a goal has been achieved. I also want more ladies to come out and do freestyle football because it is highly entertaining and competitive.
“I will see to how we can give more support to freestyle football in the future,”he said.
Congratulating the Feet n Tricks team, Daniel Wood, Co-founder and Head of Global Partnerships, World Freestyle Football Association (WFFA) said, “Feet n Tricks have proven that they can produce world class events and we are so excited to be extending our partnership. We are fully committed to creating opportunities for young people and this event is to be the focus point for our sport in the continent of Africa.”
L-R: Dan Akpovwe, Publisher, Abuja Inquirer; Valentine Ozigbo, Chairman of Feet n Tricks Limited; Jude Monye, Executive Director, Heritage Bank Plc and Oluwafunmi Aloku, Head, Product Strategy and Business Solutions, Heritage Bank, during the 3rd edition of African Freestyle Football Competition 2019 in Lagos.L-R: Erlend Fagerli, Multiple World Champion, Freestyle Football (AFFC Judge); Valentine Ozigbo, Chairman of Feet ‘n’ Tricks Limited; Jude Monye, Executive Director, Heritage Bank Plc; Philip Gertsson, Sweden-based Norwegian-Filipino Football Freestyle (AFFC Judge) and Laura Biondo, first female freestyle to establish a Guinness World Record (AFFC Judge), during the 3rd edition of African Freestyle Football Competition 2019 in Lagos.
United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far reaching benefits that will help transform their businesses and take it to the next level.
UBA’s Head Group Consumer Retail Business, Mr. Jude Anele, who gave this assurance on Tuesday at a press conference to officially herald the 2019 Lagos international Trade Fair as well as unveil sponsors of the trade fair, said that Africa’s global bank has put in place various service offerings to guarantee that this year’s fair provides a veritable platform targeted at catalysing businesses to new highs.
He explained that the 33rd edition of Lagos International Trade Fair scheduled to commence on November 1st, 2019 is expected to provide an avenue for networking, trade and investment bound to boost business activities in Africa’s largest economy and by extension, Africa.
While ensuring that SMEs maximise their presence at the fair, Anele explained that UBA would provide uninterrupted banking services during the two-week event, and also provide advisory services to the small and medium entrepreneurs, which the bank realises is fundamental to achieving their business goals.
He said, “Worthy of mention is that merchants and entrepreneurs from other African countries and abroad would be able to conduct their transactions seamlessly without currency exchange hassles, using the extensive reach of UBA as a pan African bank with presence in key commercial capitals in the world,”
“We have realised that critical to the success of SMEs in Africa is not necessarily access to finance, but their understanding of business and accounting mechanisms, process and procedures critical to their growth and existence especially on e-commerce, tax management, and bookkeeping and access to funding, and these are issues which we are trying to address,” he said.
Speaking on the ease of payment during the event, especially with African companies from outside Nigeria, Anele disclosed that UBA has successfully put in place solutions that would see ease of payment within Africa. “UBA will be deploying state-of-art Point of Terminals(POS) configured towards ensuring merchants receive immediate values in currencies of their choice,” Anele assured.
The Bank further said that in line with its unflinching support to the growth of small and medium enterprises (SMEs), it has reached an agreement with the organisers of the fair to give 20% discount to its small and medium business customers who register to showcase their products and services at the fair.
A key activity at this year’s fair is the Africa Special Day, to be organised by UBA to promote Intra-African Trade. “At UBA, we believe that Africans must grow trade and investment amongst themselves. In pursuits of that goal, Africa Special Day will seek for the promotion of trade and investment among African countries.”
Also speaking, the Chairman, Trade Promotion Board, Mr. Gabriel Idahosa promised that the 33rd edition of West Africa’s flagship fair would bring utmost value to entrepreneurs and businesses in Nigeria and beyond as he acknowledged the massive support being provided by corporate organisations such as UBA
“At UBA, we have chosen a suitable partner with extensive reach on the continent with capacity to engineer a seamless financial transaction expected of international trade fair of this magnitude,” he said.
Speaking further on the partnership with UBA, he said: “The LCCI and UBA has partnered to give exciting services to visitors and exhibitors at the fair. UBA is a foremost Pan African financial institution operating in 20 African countries, the United Kingdom and the USA and France, thus offering unique services to the delight of visitors and exhibitors during the fair.”
According to Idahosa, 40,000 square metres of exhibition spaces are available with over 2,000 exhibitors from 16 African countries and 200 foreign exhibitors expected in Lagos.
l-r: Chairman, Operations Committee, Trade Commission Board, Lagos Chamber of Commerce and Industry(LCCI) Engr. Ojo Banjoko; Head, SME Sales, Airtel Nigeria, Toyin Seriki; Chairman, Trade Promotion Board and Vice-President, Lagos Chamber of Commerce and Industry(LCCI), Mr Gabriel Idahosa; and Group Head, Consumer and Retail Banking, United Bank for Africa (UBA) Plc, Mr. Jude Anele; at the Press Conference organised by LCCI, the headline partner, UBA Plc with other partners, on the upcoming Lagos International Trade Fair 2019 in Lagos on Tuesdayr-l: Group Head, Consumer and Retail Banking, United Bank for Africa (UBA) Plc, Mr. Jude Anele; Chairman, Trade Promotion Board and Vice-President, Lagos Chamber of Commerce and Industry(LCCI), Mr Gabriel Idahosa; and Head, SME Sales, Airtel Nigeria, Toyin Seriki, at the Press Conference organised by LCCI, the headline partner, UBA Plc with other partners, on the upcoming Lagos International Trade Fair 2019 in Lagos on TuesdayChairman, Trade Promotion Board and Vice-President, Lagos Chamber of Commerce and Industry(LCCI), Mr Gabriel Idahosa and Group Head, Consumer and Retail Banking, United Bank for Africa (UBA) Plc, Mr. Jude Anele, at the Press Conference organised by LCCI and the headline partner, UBA Plc, on the upcoming Lagos International Trade Fair 2019 in Lagos on Tuesday
It was a night filled with magnificence and splendor as music lovers and fun seekers were treated to topnotch entertainment at the Zenith Bank Aspire Music Festival which held on Saturday, September 21, 2019 at the Harbour Point Event Centre, Victoria Island, Lagos.
The musical festival lived up to its billing as the most anticipated entertainment event of the year, as the audience were treated to electrifying and captivating musical performances by Nigeria’s top artistes including Olamide, Flavour, Phyno, Niniola, Mayorkun and Rema.
Also on hand to anchor the event and thrill the audience with rib-cracking jokes was Kenny Black, while celebrity hypeman, Do2dtun, revved up the crowd throughout the night.
Indeed, the crowd could not have asked for a better and more enthralling night as the artistes took to the stage one after the other treating the audience to their major hit songs. From Olamide’s rave-of-the-moment song “Pawon” to Rema’s “Dumebi”, Niniola’s Maradona, Mayorkun’s “Mama”, Phyno’s “Fada Fada” and Flavour’s “Ada Ada”, the audience well held spellbound throughout the night and got real value for their time.
The breathtaking festival, which is one of a series of events lined up by Zenith Bank to usher in “Style by Zenith 2.0”, the bank’s annual lifestyle fair which takes place towards the end of the year, will no doubt linger in people’s memories for many years to come.
Peter Obi, former governor of Anambra state, says Chris Ngige, minister of labour and employment, achieved little when he governed Anambra.
Obi said what Ngige achieved as governor of the state cannot be compared to his records in his eight years of leadership.
The vice-presidential candidate of the Peoples Democratic Party (PDP) said this while reacting to comments credited to the minister in which he reportedly said Obi did not construct quality roads in the state after succeeding him as governor.
But in a statement issued by Valentine Obienyem, his spokesman, Obi said Ngige achieved “little or nothing” when he governed Anambra for about 32 months.
“Over 90 per cent of the roads, Ngige mentioned he built were done in his Local Government Area,” he said.
“Knowing the importance of road maintenance, shortly before he left, Obi set up the Anambra State Road Maintenance Agency with full compliments of brand new equipment.”
He said unlike Ngige, he patronised local contractors in the state and “left over N4bn in the ministry of works for road maintenance before he handed over”.
“Where will the comparison start? Is it health, where Ngige did nothing? Is it education, where Ngige did nothing? Is it commerce and industry, where Ngige did nothing?” the statement added.
“Is it the provision of infrastructure, where all he did was to cause the burning down of the state? Is it our relationship with donor agencies? Where? What is most condemnable in Ngige’s attacks are the lies he tells just to bring Obi down.”
Sylvester Ngwuta, a supreme court justice who faced trial for corruption, has resumed his official duties.
Ngwuta, who has been absent from the bench since 2016, was seen at a ceremony on Monday in Abuja, where the title of senior advocate of Nigeria (SAN) will be conferred on 36 lawyers.
He is the third most senior judge on the bench of the apex court. Bode Rhodes-Vivour is the second most senior while Ibrahim Muhammad, chief justice of Nigeria (CJN), is the first.
In October 2016, Ngwuta’s home in Abuja was raided by operatives of the Department of State Services (DSS).
The secret police claimed it found hard currencies believed to be proceeds of corruption in his residence.
He was asked to step aside from his duties, though his salary was not stopped, to face charges of money laundering brought against him at a federal high court in Abuja.
He also faced charges of false asset declaration at the Code of Conduct Tribunal (CCT). But both cases were dismissed in 2018.
The charges were dismissed based on a judgement of the appeal court which held that serving judges cannot be prosecuted until they have been disciplined by the National Judicial Council (NJC).
However, the CCT overruled itself on this precedent in the case of Walter Onnoghen, former chief justice of Nigeria (CJN).
Onnoghen was found guilty and convicted of false asset declaration in April – without discipline or recommendation by the NJC.
At least 36 cows were reportedly struck dead at Oke Owa in Ijare community, Ifedore local government area of Ondo state during the weekend.
According to a community source, the cows were killed by lightning shortly after they strayed to a mountain where the monarch of the town makes sacrifices on an annual basis.
A resident said Adebamigbe Kokotiri, the monarch, accompanied by his chiefs, carry out yearly sacrifice on the mountain described as a secluded place.
Speaking with reporters through Wemimo Olaniran, one of his chiefs, Kokotiri described the incident as an act of God.
The Sapetu of Ijare said the herdsmen had been destroying their farmland for a very long time which had led to confrontation on many occasions.
“We were there this morning and we saw about 36 cows dead apart from the one inside the bush. It has happened and there is nothing we can do, we regards it as the act of God which nobody can query,” he said.
“There had been occasions like that but not as massive we are having it now, to some individuals who desecrated the land. In the past we did witnessed thunderbolt attack, when you desecrated any part of Ijare particularly the sacred places.
“The dead cows will be there forever; it is part of the history in our land for people to see as testimony in future that such a thing happens, a whole Oba buried there live and heaven did not fall talk less of ordinary cows.
“Oke-Owa is a sacred hill where the Oba and some of his chiefs visited once a year during new yam festival to offer sacrifices on behalf of the community. Even those chiefs accompanying the Oba must not go to the inner part of the hill because there is a particular place where only the Oba have to enter and spend a night.
“This is a hill that the herdsmen wanted to desecrate with their herds. It is a taboo. When we heard about the incident, we invited the herdsmen and they confirmed that it was lightning that struck the cows.
“We went to the police station to report the matter and the Divisional Police Officer was contacted before chiefs including myself went there.
“Those cows would remain there and rotten because nobody must touch them otherwise there would be problem.”
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