The Primate Elijah Ayodele Gospel Ministers’ Forum (PEAGOM) is set to hold the maiden edition of its Ministers’ conference on August 17, 2024 at Airport Hotel, Lagos, Nigeria. PEAGOM, a forum that houses the spiritual sons and daughters of renowned prophet, Primate Elijah Ayodele, was established to foster learning and raise more representatives for God on earth. According to the coordinator, Pastor Elisha Olugbenga Tolulope, the Ministers’ conference initiative came into existence by the mind of God. He noted that several spiritual sons and daughters of Primate Ayodele have been reaching out to him for a forum like PEAGOM for…
Author: Oluwatoyin Mathnuel
Acting on credible intelligence gathered on the activities of suspected armed robbers and kidnappers in Kwale axis, the Commissioner of Police CP Abaniwonda Olufemi directed the Commander Quick Response Squad to work discreetly on the intelligence. Acting on this directive, the Commander SP Osadolor Godwin on 8/06/2024 at about 1140hrs led surveillance team attached to Kwale Division and stormed their hideout in an uncompleted building where they two suspects upon sighting the Police opened fire and escaped in the process. Three (3) Locally Made Guns, two (2) Pump Action guns , One (1) AK 47 Magazine, thirty four (34 )…
Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at ‘B-‘. The credit rating agency has also affirmed Fidelity Bank’s National Long-Term Rating at ‘A(nga)’ with a Stable Outlook. In a statement released on Friday, Fitch said that the outlook revision reflects its, “expectations that the bank’s capitalisation will strengthen in the near term as a result of core capital issuances, including to meet the new paid-in capital requirement of N500 billion for banks with an international licence effective by end-1Q26.” According to the statement: “Fidelity’s…
In a landmark deal, Nigeria’s largest ethical banking institution, The Alternative Bank have signed a pioneering deal, valued at over N 14 billion, with the Niger state government to finance the delivery of 5000 electric tricycles to drive social impact, youth empowerment, business growth, and economic prosperity in the Power State. The landmark deal will see the Niger State government, through its ministries of Transportation, Youth, Women Affairs, and Small and Medium Enterprises, procure the tricycles for the programme,lease them to beneficiaries, establish an assembly and maintenance plant, and train resident youths of the state as mechanics to service the…
Businessmen in Kano have commended Optiva Capital Partners; a premier wealth management company for its innovative products and services in investment immigration and international real estate. This commendation came during an exclusive business dinner organized by Optiva Capital aimed at showcasing global investment opportunities for Kano business Community during the weekend. Speaking at the event, which held at Amiingo Hotel Kano, Mr. Nduneche Ezurike, Group Head of Corporate Communications, Media, and Technology, who represented the CEO of Optiva Capital Partners, emphasized that Optiva’s international network and global reach will avail businessmen opportunities in real estate, investment immigration, and insurance. Mr.…
The Command is inundated with complaints about the recent sting operations carried out by operatives of the Economic and Financial Crimes Commission in Akure the Ondo State capital and the controversies generated. The Police on receipt of the information on the sting operations at about 0330hrs the 9th of June, 2024 made contact with relevant stakeholders to ensure there was no breakdown of law and order in the state. The State Government and the Inspector-General of Police IGP Kayode Egbetokun have been informed and are taking steps to ensure that all concerns are addressed without prejudice. Thus,the Command , Commissioner…
A group, The Democratic Movement (TDM), has called for the suspension of negotiation on new minimum for Nigerian workers, describing it as a misplaced priority. The group in a statement issued on Sunday, said what Nigerians need now is price control and not increment in workers’ salary as being demanded by leadership of organized labour. In the statement signed by its national coordinator, Comrade Adesina Akinpelu, TDM threatened legal action to stop implement of a new minimum wage in Nigeria. The group called the attention of the government and organized labour to the fact that not all Nigerians being affected…
Written By Oluwatoyin Mathnuel June 8th of every year is set aside for the commemoration of Africans (Blacks) who were captured into the land of ‘NO-RETURN,’ losing their lives during the slave trade saga. The African Diaspora Ancestral Commemoration Institute (ADACI) Nigeria – Lagos Chapter, under the leadership of Olaide Gold, along with other members, visited Oshodi Art Gallery in Ikorodu area of Lagos state. Here, over 118,000 artworks and antiquities showcasing African heritage were managed and displayed for future generations. The tour was a poignant reminder of African life and culture before the era of white intrusion. ADACI, an…
FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest banks in Nigeria sustained its fundamentals amid domestic and foreign challenges. From its Q1 2024 profit & loss figures, the Group declared N208.1 billion profit, which was about 315.8 per cent compared with the N50.1 billion reported in Q1 2023. The group announced N730.3 billion gross earnings in…
No fewer than 25 suspected killers of Alex Timileyi, a 200-level engineering student at Ajayi Crowther University who was clubbed to death by his colleagues on May 24, 2023, over a claim that he stole a mobile phone, were arraigned on Wednesday before the Chief Magistrate in Oyo State.This was continued in a court document obtained by PUNCH Metro on Wednesday. Timileyi was allegedly beaten on May 24 until he passed away inside a hostel known as Shepherd Inn on the school premises by the suspects. The deceased was also said to have had his hair forcefully shaved by his…