Saturday , 18 May 2024

Author Archives: NewsThumb Magz

BBN 7 Housemate wins in Fidelity GAIM 5 Draw

It seems the stars are truly aligning for Big Brother Naija 7 (BBN 7) housemate -Cyph – as he recently won N1million in the Fidelity Bank Get Alert In Millions Season 5 promo (GAIM 5). Emeka Bright Nwekete (AKA Cyph) a customer of Fidelity Bank, Owerri emerged as one of the 10 winners in the August monthly draw of the ... Read More »

2023 Election : “I’m strongly determined to fulfill our dreams of turning Nigeria to a progressive and highly developed, prosperous country”, and no disagreement with Adamu, Says Tinubu

Asiwaju Bola Tinubu, the All Progressives Congress (APC), Presidential Candidate for 2023 poll, says he has no disagreement with the party’s National Chairman, Sen. Abdullahi Adamu, contrary to some media reports. Tinubu said this when he spoke with newsmen after a visit to the APC National Secretariat in Abuja on Wednesday. He described the reports as fake news. “To the ... Read More »

N2.4b fraud : Court remands embattled Ogun Speaker, Olakunle Oluomo, gets N300m bail

Embattled Speaker of the Ogun State House of Assembly, Olakunle Oluomo has been remanded pending his fulfillment of an N300 million bail bond. Justice Daniel Osiagor of the Federal High Court in Lagos on Tuesday made the order following Oluomo’s arraignment by the Economic and Financial Crimes Commission (EFCC) over an allegation of N2.475 billion accrued from money laundering and ... Read More »

GTCO Plc Releases 2022 Half year Audited Results

… Reports Profit Before Tax of ₦103.2billionLagos, Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in ... Read More »

Update : ASUU, has constituted seven-man committee to defend union’s position and refusal to suspend ongoing strike

THE Academic Staff Union of Universities, ASUU, has constituted a seven-man committee to defend the union’s position and refusal to suspend the ongoing strike that is getting to seven months. The committee is expected to respond to any criticisms in the media against the alleged adamant posture of the university teachers to suspend the strike. Recall that academic activities in ... Read More »

Update : Nwokocha suspended as Nigeria may lose Commonwealth Games relay gold

Nigeria may be stripped of one of the gold medals won at the recently held Commonwealth Games in Birmingham, England owing to doping crisis. This is as the Athletics Integrity Unit (AIU) announced the provisional suspension of sprinter Grace Nwokocha. Nwokocha was part of the quartet that won gold in the 4x100m relay at this year’s Commonwealth Games. Our correspondence ... Read More »

Update : In the News: Fidelity Bank Acquisition of Union Bank UK

We refer to the news regarding the announcement of the proposed acquisition of Union Bank UK Pic. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union Bank of Nigeria Plc. (“UBN”) or (“the Bank”) in a regulatory filing issued to the Nigeria Stock Exchange (NGX), the Bank announced that it had entered a Share Sale and Purchase Agreement to divest ... Read More »

Threatened Of life : Ice Prince arrested for abducting and driving without a license plate

Popular Nigerian musician, Ice Prince has been arrested by the Lagos state police command, for assaulting a police officer. It was learned that at about 3a.m on Friday, the popular musician Oleku crooner was flagged down by police officers for driving without a license plate. Ice Prince who initially agreed to be taken to the station immediately, abducted the police ... Read More »

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