H1: Zenith Bank posts N117bn pre-tax profit

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Zenith Bank Plc has announced its audited results for half-year ended 30 June 2021, recording positive growth across key financial metrics despite a challenging macroeconomic environment exacerbated by COVID 19. According to the financial results presented to the Nigerian Exchange (NGX), the Group recorded a growth in profit before tax of three per cent from N114 billion reported in H1’20 to N117 billion in H1’21. The Group also recorded a nine per cent growth in non-interest income from N116 billion in June 2020 to N127 billion in June 2021. Overall, the…

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Pope Francis saddened by ‘brutal attack’ which killed Catholic nuns in South Sudan

JUSTINA EMMANUEL OKPARA

Pope Francis has sent his condolences after a violent attack on a group of Catholic religious sisters and others in South Sudan left five dead on Monday. “His Holiness Pope Francis was deeply saddened to learn of the brutal attack on a group of Sisters of the Sacred Heart of Jesus,” the Aug. 17 message said. A road ambush along a highway in South Sudan Aug. 16 resulted in the deaths of five people, including Catholic nuns, Sr. Mary Daniel Abud and Sr. Regina Roba. The two were among a…

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Pension Assets: Investment In FG Securities Gulps N444bn In 5 Months

JUSTINA EMMANUEL OKPARA

  As pension assets under the contributory pension scheme continue to grow, investment in Federal Government’s securities has also sustained its increase being the highest and most attractive portfolio for the fund managers Findings by New Telegraph revealed from the data released by the National Pension Commission (PenCom) in August that as of May this year, the total investment in Federal Government’s Securities peaked at N8.347 trillion from N8.107 trillion in January. A breakdown of the investments showed that within the five-month period, a total of N444 billion was added…

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Kingsley Kuku arrested in Amsterdam over child porn

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A former Special Adviser to former President Goodluck Jonathan on Niger Delta Affairs, Kingsley Kuku, has been arrested in Amsterdam, The Netherlands over child pornography complaints. According to information, Kuku reportedly circulated child pornography materials in 2018. The former Chairman of the Presidential Amnesty Programme was arrested on Wednesday at Amsterdam Airport Schiphol, while on his way to London, United Kingdom. “Kingsley Kuku was arrested in Amsterdam,” a top government source privy to the incident said “His warrant was executed over child pornography complaints. He was arrested on his way…

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Faith Oyedepo: Wives Who Question Husband’s Position Are Under Demonic Influence

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    Wife of President, Living Faith Church Worldwide, Mrs. Faith Oyedepo, has said any woman or women organisation that attempts to question the position of a man in a family should be seen as being under demonic influence. The renowned pastor’s wife said women should be in subjection to their husbands in everything. She shared this thought on her Istagram page, saying ”Any woman or women’s organization that attempts to question the position of the man in the family should be regarded as being under a demonic influence. God…

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APC Lagos politician shot dead

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A member of the All Progressive Congress Party, APC and Vice Chairman, National Union of Road Transport Workers, NURTW, Samuel Kayode, popularly known as Ekpo Kinkin, has been shot dead at Agboju area of Lagos. The deceased had attended the flag off of the party’s local government campaign at Oriade Local Development Area, Thursday evening. Present at the meeting were top officials of the party among whom was Chairman of the Amuwo Odofin Local Government Area, Mr Valentine Buraimo. Eye witnesses said while the meeting was on, a gunshot was…

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Twitter ban: Buhari’s move to Indian app, Koo, attracts more Hausa/Fulani muslims

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The Federal Government is consolidating on its actions against the microblogging site, Twitter, by moving its social media engagements to the Indian app, Koo.   A check on the platform, which shares similarities with Twitter, revealed that top government officials, including President Mohammadu Buhari, have opened accounts and are sharing government information on Koo, which is still less popular among Nigerians.   President Buhari ‘@muhammaubuhari’, who had 4.1 million followers on Twitter before it was banned has so far garnered 16,746 followers on Koo at the time of filing this…

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$130,000 fraud rocks Chartered Insurance Institute of Nigeria

Cinda Martins

While insurance operators are eagerly soliciting premium from the public in the midst of a struggling economy, Nigeria’s foremost insurance institute, Chartered Insurance Institute of Nigeria (CIIN), is currently enmeshed in an alleged fraud involving nothing less than $130,000 (about N60 million) in the country’s currency. Findings by New Telegraph ( a local tabloid) revealed that the amount was said to have been syphoned from the institute’s treasury over a period of time and was discovered after a year. A source, who is privy to the malfeasance, said a former…

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*”Fulanization” of the North by the South*

Farooq A Kperogi

Fears of “Fulani domination” have endured since Nigeria’s founding but, more than ever before, there is now an insanely unhealthy obsession with the Fulani in Nigeria’s South. The Fulani are not just routinely reviled with genocidal rhetorical venom, all manner of devious, supernormal political power is ascribed to them. In the service of the reigning monomania about the Fulani, Northern Muslims, irrespective of their ethnicity, are now labeled “Fulani.” It’s worse if they are also beneficiaries of “juicy” political appointments in the Buhari regime. Former Chief of Army Staff Tukur…

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Woman, 37, gives birth to 10 babies

Olabisi Daniel

South African woman, Gosiame Sithole, has broken the Guinness World Record as she gives birth to 10 babies, says reports. Sithole, 37, gave birth to seven boys and three girls on Monday, breaking the world record once held by a Malian woman, Halima Cisse, who gave birth to nine children in Morocco last month. She already has six-year-old twins, making her a mother to twelve children from two deliveries.   READ ALSO: Woman gives birth to twins with different fathers + DNA details 25-year old Poor Woman Gives Birth to Nine…

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