A member staff of the University of Benin, Prince Carter Oshodin, committed suicide on Friday over his dire financial situation. Oshodin, who had not been paid his salary for months due to the strike action embarked by university unions, was a data entry personnel at the university. It was gathered that the Non-Academic Staff Union which the deceased belonged to has called off its strike recently, but the members had yet to be paid their salaries. Oshodin’s Facebook confirmed his job description at UNIBEN. A professor in the University, who…
Read MoreJUST IN: PDP Crisis Claims First Victim, As BoT Chair Resigns
The crisis in the Peoples Democratic Party (PDP) has claimed its first victim with the resignation of Senator Walid Jibrin as Chairman of the party’s Board of Trustees (BoT) Senator Jibrin announced his resignation at the beginning of the BoT meeting at the party’s secretariat on Thursday. The BoT Chairman has earlier called for the restructuring of the party’s leadership positions, and condemned the idea of the North occupying the National Chairmanship position, the BoT Chairmanship as well as holding the presidential ticket for next year’s election. Details later…
Read MoreMTN Nigeria Announces Issuance Of $54.2m Commercial Paper
MTN Nigeria Communications Plc has announced a proposed issuance of N23 billion ($54.2 million) in the Nigerian capital market. A disclosure by the telco, seen by newsfieldglobal, said the Series 3 commercial notes are part of MTN Nigeria N150 billion ($353.7 million) commercial issuance programme. The disclosure by MTN Nigeria did not say when exactly the notes would be issued or their tenor. But it did mention that funds realised from the proposed issuance would go towards bolstering working capital. “The issuance is part of the company’s strategy to diversify…
Read MoreTwo Homeless Fulanis Arrested With Pistol
Operatives of the Rivers State Police Command have arrested two suspects of Fulani extraction, Isah Mohammed, 20, and Inuwa Ibrahim 20, both of no fixed addresses, who fled on sighting the Police around PAMO University of Medicine in Oyigbo LGA. According to the Commissioner of Police, Friday Eboka, “upon search, one locally made revolver pistol was recovered from them. “Also recovered was a Toyota Corolla saloon car with registration No. Bayelsa, NEM 881 GK, where it was abandoned by hoodlums who fled on sighting the team. “Investigation is ongoing with…
Read MoreCourt Freezes Another Sh400.6m Belonging To Flutterwave
The High Court of Kenya has allowed the freezing of a further Sh400.6 million belonging to Nigerian fintech startup Flutterwave after the Assets Recovery Agency (ARA) linked the money to card fraud and money laundering. For the good part of this year, Flutterwave has been in constant contest with Kenyan authorities over money held in different banks alleged to have been obtained illegally. This is the second time the company in less than six months that the company’s accounts have been frozen on grounds of fraud and money laundering. In…
Read MoreMissing Lagos 17-Year-old girl Found in Bauchi Motor Park
Police in Bauchi State have found a 17-year-old girl, Mildred Ebuka, who got missing on Thursday while running an errand in Lagos. Ebuka reportedly left her residence in Victoria Island on Thursday to deliver a wig cap to her Aunty’s friend in the Ikorodu area of Lagos. The Bauchi Police Command on Friday alerted the public to locate the girl in its custody. In a statement via its Twitter platform, the police command said, “The bearer Mildred Joshua Ebuka female aged 17 years old of Block 19, Ubandale street, Victoria…
Read MoreMan Impregnates 14 Yr-Old Daughter In Ogun
Police in Ogun State say they have arrested a man, Amoda Bola, for allegedly impregnating his 14-year-old daughter (name withheld) in Ode, Remo North Local Government Area of Ogun State The police arrested Mr Bola, 49, at his residence in Idi Oro street, Ode Remo, following a complaint received from the victim. The daughter had told the police in Ode Remo Divisional Headquarters that “her father, with whom she has been living for some years now, has been having carnal knowledge of her.” A statement on by the police spokesperson…
Read MoreKebbi Judge Killed By Wife
A 30-year-old woman, Farida Abubakar, has been arrested by the Kebbi State Police Command in connection with the murder of her husband, Attahiru Ibrahim Zagga. Spokesperson of the command, SP Nafiu Abubakar, who disclosed this in a statement on Friday, said Ibrahim, a Magistrate Court judge, with Kebbi State judiciary, was stabbed to death in his Birnin Kebbi house on Thursday night. He said: “On 25/8/2022 at about 2140hrs, Policemen attached to the Divisional Police Headquarters, Gwadangaji, received an information that, a suspected strange noise was heard from the house…
Read MoreAIICO Insurance grows premium by 21.4% in H1’22
AIICO Insurance Plc, foremost and most resilient insurance services provider, has announced a gross written premium (GWP) of N45.5billion in the H1 2022, up by 21.4per cent compared with N37.481billion recorded within the same of in 2021. While the company posted a growth of 21.4per cent in 2022, the group grossed N45.5billion year-on-year (y-o-y) in the first half of the year from N37billion or 21.6per cent within the period under review. The company’s unaudited results represent the firm’s performances for the interim period ended 30 June 2022. Accordingly, the company’s…
Read MoreAMCON: Josepdam not indebted to us
Following the successful liquidation of its indebtedness, the Asset Management Corporation of Nigeria (AMCON) has declared Josepdam & Sons Limited and Josepdam Sugar Company Limited free of any debt obligation to the Corporation. A letter to this effect sighted by our correspondent revealed that the concerned obligors had defrayed the total outstanding balance put at N18.783 billion. Recall that a section of the media had recently been erroneously listing Josepdam alongside other obligors that are yet to liquidate their indebtedness to the Corporation. The said publication also alleged that Mrs.…
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