Saturday , 10 June 2023

Author Archives: NewsThumb Magz

Alleged N20tn Fraud : Tinubu suspends Emefiele with Immediate effect and orders CBN probe

President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy, according to a statement on Friday by the Director of Information, Office of the Secretary to the Government ... Read More »

Tinubu is a very intelligent, l felt so proud listening to a man who is prepared to serve Nigerians, Says Ogar, LP Reps member-elect

A House of Representatives member-elect on the platform of the Labour Party, Godwin Ogar, said he never knew that President Bola Tinubu was so intelligent, and he felt so proud listening to a man who is prepared to serve Nigerians. Ogar, who was elected from Isuikwuato/Umunneochi Federal Constituency of Abia State, stated this during an interview with newsmen on Friday ... Read More »

Polaris Bank Partners Goge Africa to take Customers on a Caribbean Cruise  

Polaris Bank has announced an exciting and available opportunity for its customers and prospects seeking a remarkable intercontinental holiday experience tagged: Cruise the Caribbean with Polaris Holiday Loan.    The Bank said it was thrilled to invite its valued customers and prospects to explore the world in style and luxury with a term loan offer for an unforgettable intercontinental holiday ... Read More »


…Dazzles stakeholders with growth across key metrics Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but rather it’s a ... Read More »

Update : N120b USSD debt : Telcos accuses the big DMBs of intransigence of not paying their debt

Telecom operators have accused big deposit money banks (DMBs) of owing the huge percentage of the N120 billion debts that arose from the use of Unstructured Supplementary Service Data (USSD). They also accused the big DMBs of intransigence in paying the debt. Acting under the aegis of Association of Licensed Telecoms Companies of Nigeria (ALTON), the operators also said they ... Read More »

Alleged Terrorist Financing : Oginni, Ex-Ogun NNPP chairman,arrested for money laundering

A Former chairman of the New Nigeria People’s Party (NNPP) in Ogun State, Olaposi Sunday Oginni, has been arrested by police operatives for alleged financial impropriety, fraud, money laundering and terrorism financing in parts of the country Oginni, recently expelled from NNPP by the national leadership of the party over alleged anti-party activities, was arrested in Abeokuta, the Ogun state ... Read More »

After 4 years, Aregbesola blames the devil for the misunderstanding between himself and Oyetola, seeks forgiveness

Ex-Minister of Interior, Ogbeni Rauf Aregbesola has blamed the devil for the misunderstanding between himself and his successor, Adegboyega Oyetola during the latter’s administration. Aregbesola who spoke in Yoruba language during a welcome rally organised by his loyalists to welcome him back to the state at Freedom Park, Osogbo, said the devil successfully allowed animosity to thrive between them after ... Read More »


Zenith Bank Plc has launched the third season of its hugely successful “Zenith Beta Life Promo” to reward its customers with gifts from June 1, 2023, to May 31, 2023. Within this period, twenty bank customers of Zenith Bank will be chosen through a bimonthly raffle draw, each receiving gifts valued at NGN150,000. Five lucky customers will also win a cash ... Read More »

Union Bank Reaffirms Commitment to Sustainability; Partners NCF to Commemorate World Environment Day 2023

As part of its continuous efforts to champion environmental responsibility and promote sustainable practices, leading financial institution Union Bank of Nigeria partnered with the Nigerian Conservation Foundation (NCF) to celebrate World Environment Day 2023. World Environment Day, observed annually on June 5th, is a global platform to raise awareness, and mobilise action towards pressing environmental issues. The 2023 campaign #BeatPlasticPollution; ... Read More »

Just IN : 25% FCT votes : Court dismisses case filed by five residents of Abuja against Tinubu’s Inauguration

A Federal High Court in Abuja, on Tuesday, dismissed a suit filed by five residents of the Federal Capital Territory, who prayed to the court to halt the inauguration of Bola Tinubu as president. The five applicants —Anyaegbunam Okoye, David Adzer, Jeffery Ucheh, Osang Paul and Chibuike Nwachukwu—identified themselves as registered voters of the FCT. Our correspondence reports the five ... Read More »

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