Nigeria on Tuesday handed over the Vice-Chairmanship seat of the World Customs Organisation for the West Africa and Central Region to Mali. The News Agency of Nigeria reports that the ceremony, held at the Nigeria Customs Service Headquarters in Abuja, saw Nigeria’s NCS boss, Mr Adewale Adeniyi, handing over to his Malian counterpart, Amadou Konate. In his remarks, Adeniyi thanked his counterparts in the region for their cooperation during his tenure, which commenced in May 2022. He stated that the WCO is an umbrella body that brings together more than 184 customs administrations, noting that the West and Central Africa…
Author: UZDO Media
First Bank of Nigeria Holdings Plc said it has instructed its solicitors to defend its interest in the lawsuit filed against it by investment firm, Barbican Capital Limited, for allegedly altering its shareholding in the financial institution. This was disclosed in a corporate notice that FBN Holdings filed with the Nigerian Exchange Limited on Tuesday, which was signed by its acting Company Secretary, Adewale Arogundade. The notice read, “The attention of FBN Holdings Plc (the company) has been drawn to recent media reports regarding the suit filed by Barbican Capital Limited (the Plaintiff). The company is aware of this suit,…
Rangers exited the Champions League after losing 2-0 to Dynamo Kyiv in the second leg of the third qualifying round on Tuesday, while Jose Mourinho’s Fenerbahce were knocked out by Lille. Hosts Rangers paid the price for a harsh second yellow card issued to defender Jefte as Dynamo struck twice in the final 10 minutes through substitutes Oleksandr Pikhalonok and Nazar Voloshyn. Rangers coach Philippe Clement blasted the referee’s decision that left his team with 10 men. “It’s hard for my team. They don’t deserve this after these two games versus Dynamo Kyiv. One person with one decision made a…
The Managing Director/Chief Executive Officer of Fidelity Bank, Dr Nneka Onyeali-Ikpe, has said that the bank was able to meet and surpass its target from the just concluded combined offer. This was disclosed in an email, which was signed by Onyeali-Ikpe on Tuesday, a day after the closing of the N127bn combined rights issue and public offer, which commenced on June 20. Fidelity Bank was the first bank to commence its capital raise, following the directive of the Central Bank of Nigeria to banks in the country to raise fresh capital. Onyeali-Ikpe told shareholders, “With the conclusion of the combined…
The Economic and Financial Crimes Commission has released N50bn to support the Nigerian Education Loan Fund. This was disclosed by the anti-graft agency on Tuesday, August 13, 2024, when the Fund’s Managing Director and Chief Executive Officer, Mr. Akintunde Sawyerr, led his management team on a courtesy visit to the EFCC headquarters in Abuja. While Sawyerr noted that the Fund, an initiative of the President Bola Tinubu-led administration, was designed to provide funding for the education of indigent students, he lamented the poor development of youths in the nation’s education sector. The statement obtained on the EFCC’s website partly read,…
FC Bayern bids farewell to Matthijs de Ligt and Noussair Mazraoui as they complete their move to the Premier League with Manchester United. An X post from Bayern Munich confirmed the move on Tuesday night. It posted, “Farewell to FC Bayern: Matthijs de Ligt and Noussair Mazraoui have completed a move to Manchester United in the Premier League. “Thank you and all the best, Matthijs & Nous.” Meanwhile, in two posts, the English club confirmed the arrival of the new stars to the club. Also on its X handle, the EPL club announced the duo. It read,” Noussair is a…
The Ogun State Governor, Dapo Abiodun, on Tuesday, disclosed that his administration is set to offer business-oriented youths in the state grants ranging from N500,000 to N10 million under the Ogun Youth Empowerment and Entrepreneurial Programme. Abiodun stated that the grants will commence during the next phase of OGYES, which will soon be relaunched. He said that the initiative would offer unemployed youth and women a wide range of opportunities and provide the beneficiaries with the cash they need to expand their businesses. He added that other youths would have access to interest-free digital loans. The governor made this known…
A surging Mpox outbreak in Africa, which was declared an emergency by the continent’s health agency on Tuesday, is being driven by a new, more transmissible strain of the virus. The Africa Centres for Disease Control and Prevention declared its first-ever Public Health Emergency of Continental Security for the deadly disease. World Health Organisation experts are also set to meet on Wednesday to weigh sounding the United Nations agency’s highest alarm. If the WHO declares a Public Health Emergency of International Concern, it would be the second time for mpox since the virus spread around the world in 2022. But…
The Kano State Head of Service, Abdullahi Musa, on Tuesday called on youths to shun social vices and adopt a lifestyle characterised by positivity, integrity, and responsibility. He reiterated that youths are the future leaders and hope for a better tomorrow, and therefore, must avoid behaviours that could compromise their potential. Musa warned that indulging in social vices would have far-reaching consequences, not only for individuals but also for the state’s development and progress. He urged youths to strive for excellence, cultivate good character, as well as serve as role models toward ensuring a bright future for themselves and contributing…
The House of Representatives member representing Ogbaru Federal Constituency of Anambra, Afam Ogene, has expressed dissatisfaction over what he called a “hasty” amendment of the Anambra State Electoral Law by the Anambra State House of Assembly. Ogene, who is also the leader of the Labour Party caucus in the House of Representatives, described the move as a promotion of undemocratic tactics, aimed at frustrating and politically ambushing opposition parties in the state. The PUNCH had reported that the Anambra State governor, Prof. Chukwuma Soludo, had on Tuesday, inaugurated the Anambra State Independent Electoral Commission, with Genevieve Osakwe as Chairman of…