Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending for determination by the courts, as such issues are sub-judice. However, we are constrained to issue the following clarifications to correct the sponsored but false narratives on the matter presented in some of the media publications. There is a subsisting…
Author: Oluwatoyin Mathnuel
•Second Meeting With Union Executives On Wednesday Managers of Lagos State Government broadcast stations are taking stock of the violence visited on the premises by striking union members. The stations – LTV, Radio Lagos/Eko 89.7FM and Traffic Radio – have been forced off the air for 48 hours by some workers who tore down studio doors and assaulted presenters. They switched off transmitters and cut off cables – in unprecedented acts of violence captured on video. Many workers were whipped for shunning the strike, which was to force the government to put about 400 workers on the civil service payroll.…
Adron Homes, on 12th of January, 2025, commenced its week-long National Retreat, themed “The CEO’s Retreat: Beyond and Above 2025,” aimed at reinforcing leadership excellence and strategic growth as the company gears up for its 2025 vision. The retreat featured insightful training sessions facilitated by the company’s leadership who are also industry experts, offering participants valuable knowledge and tools to elevate their personal professional impact. At the retreat, the Chairman/CEO, Aare Adetola Emmanuelking, delivered a transformative session on Transformational Leadership, Performance Optimisation, and Human Capital Development. He said, “The greatest secret to performance is commitment,” as he encouraged the company…
A renowned pro-democracy activist in Ibadan, Com. Awa Bamiji, is currently confronting serious health challenges following a cerebrovascular accident (CVA) he experienced on November 4, last year. This medical condition has resulted in significant challenges, including partial hemiplegia affecting his right upper and lower limbs, as well as cognitive impairments that have severely impacted his ability to recognise individuals, memorise information and speak coherently. Since the onset of his illness, according to a report, Bamiji who is the National Coordinator, Coalition of Pro- Democracy Groups for A Better Nigeria has been undergoing a rigorous treatment regimen designed to aid in…
The command is aware of a false publication on the internet and other social media platforms orchestrated by one Comrade Peter Edariese alleging that the DPO and men of ‘B’ Division Warri arrested one Godstime Edesiri over undisclosed crime and was forced to pay two hundred and forty thousand naira (#240,000) bail. For the avoidance of doubt and to put the record straight, the command wishes to state as follows; On the 28th of October 2024 at about 1540hours, one Mrs Helen Ogodogun reported that on the same date, her phone Samsung Galaxy AO5s worth one hundred and sixty-five thousand…
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele in his 2025 prophecies that were released on Friday, 20th of December 2024 touched several areas which included the legislative arms of states across Nigeria. While talking about the legislative in the 95-page prophecy booklet, Primate Ayodele made it known that he foresees the removal of two state assembly speakers in 2025. He warned in two different pages that there will be removal of speakers and deputy speakers in the country before the end of 2025. These were his words “Let us rebuke the removal of the Speaker or Deputy…
Labour unions – NLC, RATTAWU, and NUJ – on Monday morning 13th of January 2025 forcefully shut down Lagos Television, Radio Lagos/Eko FM, and Lagos Traffic Radio. They tore down doors and switched off transmitters in a disturbing show of violence- all in the name of a strike. The action was taken by the unionists, who are pushing that about 245 workers should be put on the government’s payroll, despite ongoing talks to resolve the matter. A meeting between representatives of the government, led by the Honourable Commissioner for Establishments and Training, Mr. Afolabi Ayantayo, and the leadership of the…
The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Value, NGX Consumer Goods, NGX Oil and Gas. Also, NGX Industrial Goods which depreciated by 6.91, 0.08, 1.11, 0.17, 0.34, 0.34 and 0.26 per cent respectively, while the…
Rt Hon Mojisola Lasbat Meranda is the newly sworn-in Speaker of the 10th Lagos State House of Assembly, a role that attests to her rise as a formidable force in Lagos politics. First elected to represent Apapa Constituency-1 in 2015, she has been re-elected twice, in 2019 and 2023, cementing her reputation as a dedicated public servant and advocate for her constituents. Before her ascension as Speaker, Mrs Meranda served as the Deputy Speaker and Chief Whip of the 9th Assembly, where she demonstrated strong leadership and legislative acumen. Her journey into politics is deeply rooted in her heritage as…
Oluwatoyin Mathnuel Mrs Adenike Okunaya,, mother to the 3-year-old boy who was abused by a teacher identified as Mrs Stella Nwadigo opens up on the series of maltreatment issues under her care. The incident at a private school in Ikorodu area of Lagos state where the child’s mother also works has sparked outrage following a viral video capturing the teacher inflicting pain on the child .In a brief interview conducted in Yoruba language, the mother of the child expressed her anguish over the repeated maltreatment of her son. ‘I am also a worker in the school where the teacher beat…