The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014.The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it in the sum of approximately $8 million at an interest rate of 2.5 per cent per month compounded from January 2000 until judgement and thereafter at 10 per cent per annum from the date of judgement until the sum was fully paid. Delivering the lead judgement of the Supreme Court, with…
Author: Oluwatoyin Mathnuel
After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses waiting to take them home, free of charge. Starting as a push against bank transfer fees, the initiative has now taken to the streets, as the bank began offering free bus rides to customers across major Lagos corridors, a gesture that will continue through May 2025 to ease the return of workers after the…
_ Operatives of CP-Special Assignment team on 21st April 2025, acting on intelligence relating to kidnapping in Ubuluku, isseluku, issele-Asagba and environs by one Bellow Abubakar and his gang members, the operatives stormed one of their hideouts in Agu-Amawbia forest, Anambra state. During the raid of the suspects hideout in the forest, the operatives recovered one Ak-47 rifle, one hundred and thirty-two rounds of live ammunition. Investigation was extended to another of their hideout in a forest between Issele-Asagba and Utulu, where the said Bellow Abubakar and his gang members were waiting in Ambush. The suspected kidnappers attacked the policemen…
By Oluwatoyin Mathnuel Saturday the 26th of April, 2025 was the grand finale of the 20th coronation anniversary of HRM Oba Samuel Atanda Oladipupo The ‘ AYERONWI 1’ ‘ Olu of Ifo land in Ifo Local Government Area of Ogun state. The one week event with an outstanding activities of memorial according to Chief Ajani Yusuf Balogun “The Aremo Oba of Ifo Land” look like a carnival of a life time as it housed creme la creme in the society including House of Rep member Hon. Sikiru, former Ogun state speaker Rt. Hon Oluomo, Royal fathers, political gladiators across the…
Today, we celebrate a milestone birthday of a remarkable individual who has left an indelible mark on the media landscape of Nigeria. Otunba Seye Kehinde, the renowned publisher of City People Magazine. This is a testament to his life’s work, dedication, and passion for excellence. Born six decades ago, Otunba Seye Keinde has lived a life of purpose, driven by a desire to inform, educate, and entertain the masses. Through his publication, City People Magazine, he has provided a platform for Nigerians to share their stories, showcase their talents, and stay informed about current events. Under Otunba Keinde’s leadership, City…
The Lagos State Traffic Management Authority (LASTMA) hereby notifies the general public of a grave road traffic incident that transpired earlier of Saturday the 26th of April,2025 along Agege, Old Abeokuta Road, involving a fully-laden truck (registration number: GGE 624 YJ) and two painted commercial Volkswagen buses. Preliminary inquiries suggest that the truck driver, who suffered grievous fractures to both hands, lost control of the vehicle while navigating the Pen Cinema Bridge. Consequently, the truck plunged from the bridge, landing upon the two commercial buses stationed beneath. LASTMA Officers, responding with remarkable alacrity, successfully extricated the severely injured driver and…
On the 24th of April 2025, the Commissioner of Police Delta State, to the surprise of senior officers of the command, presented commendation certificates to sixteen (16) officers of the command in recognition of their unwavering dedication, exceptional performance, and outstanding services in the discharge of their duties. Top on the list was ASP Julius Robinson who is the Commander CP-Special Assignment Team of Delta State Command. ASP Julius Robinson and his team were posted and deployed to Ughelli in the month of April 2024 by the Commissioner of Police Delta state with a mandate to bring to a halt…
The Lagos State Government has reiterated its commitment to enforce sanitation laws with the reinvigoration of the State Environmental Enforcement Agency of the Ministry, known as KAI, which has been in operation for a while to complement the functions of other Agencies in the Environment sector by ensuring strict adherence to sanitation laws by all residents.. Mr. Tokunbo Wahab, Honourable Commissioner for the Environment and Water Resources, disclosed this today in his address delivered at the Year 2025 Ministerial Press Briefing held at the Bagauda Kalto Press Centre, Alausa, Secretariat, Ikeja, to commemorate the 6th anniversary of the Governor Babajide…
The Lagos State Government on Friday reiterated its commitment to revolutionise the State’s waste management process from a linear “collect and dump” system to a sustainable circular economy. The Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab made this known while addressing the media during the year 2025 Ministerial Press Briefing held at the Bagauda Kalto Press Centre, Alausa, Secretariat, Ikeja, saying that providing workable practical solutions to the management of generated waste would ensure that a drastically reduced quantum gets to the landfill sites. He said the State generates over 13,000 metric tonnes of solid waste…
With a GDP of $259b, a 25 million population, four seaports, and friendly government policies, Lagos is an investor’s delight, Governor Babajide Sanwo-Olu has said. “Lagos is a place where people come in without anything and become somebody. We are a business and commercial powerhouse,” he said on Wednesday. It was another sales drive for the “State of Aquatic Splendour” at Harvard Business School where Mr. Sanwo-Olu spoke on “Building the Future: Lagos State Infrastructure-led Transformation”. He was a guest in Professor Hakeem Belo-Osagie’s course, “Understanding Africa: Business, Entrepreneurship, Political Economy and the Complexities of a Continent.” Belo-Osagie is a…