Author: Opalim Lifted

United Bank for Africa (UBA) Plc has taken over the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt, and Kano following an order of the Federal High Court in Lagos concerning an alleged N156,026,032,804.84 debt. The financial institution’s receiver-manager, Romeo Michael, and court bailiffs protected by the police in the three cities executed the interim orders made by Justice Akintayo Aluko on October 20, 2023. After hearing Messrs. Temilolu Adamolekun and Mohammed Usman make the ex parte motion on behalf of the plaintiffs and applicants, the judge issued the order. Mr. Anthony Chilaka provided an affidavit…

Ex-Brazil and Barcelona defender Dani Alves is to stand trial in Spain for alleged sexual assault. Alves, 40, has been in prison without bail since January after being arrested over an allegation he assaulted a woman in a Barcelona nightclub in December. He denied the claims and said he had consensual sex with his accuser. A Barcelona court has now ruled there are sufficient grounds for him to stand trial following requests by the public prosecutor and the woman’s lawyer. “The statements of the alleged victim and the witnesses statements and experts’ reports that appear in the case must be…

Liberians began voting on Tuesday to decide whether to elect President George Weah for a second term or to elect political veteran Joseph Boakai, despite his age. The run-off is expected to be close between the rivals, who also faced off in 2017 when Weah won in the second round with more than 61 percent. In the first round of voting on October 10, Weah, 57, and Boakai, 78, came roughly neck and neck on more than 43 percent, with the incumbent taking a 7,126-vote lead. This year’s election is the first since the United Nations in 2018 ended its…

The Saudi Arabian authorities cancelled the visas of all the 264 passengers airlifted to Jeddah from Lagos and Kano on Sunday. The development comes as rude shock  and utter disbelief when at a time when President Bola Tinubu recently visited the country for a summit. The authorities insisted that the airline should return them to Nigeria. The flight took off from Murtala Muhammed International Airport, Lagos, via the Mallam Aminu Kano International Airport, Kano, on Sunday night and landed at King Abdul-Aziz International Airport, Jeddah, Saudi Arabia. But to the consternation of the airline staff, the Saudi Arabian authorities announced…

African telecommunications giant MTN is considering exiting three markets on the continent. The pan-African mobile operator, which currently has a presence in 19 countries on the continent and in the Middle East, said that discussions are also ongoing regarding the potential “orderly exit” of its operations in Guinea-Bissau, Guinea-Conakry, and Liberia. The report said these changes will reduce the tally to five operating countries in the group’s West and Central Africa (WECA) segment of its portfolio. While reasons for the market exit have not been revealed, its financial reports show that it’s facing numerous challenges across the West and Central…

The Lagos State Traffic Management Authority (LASTMA) has denied involvement in the car chase that led to the tragic deaths of two LAWMA officials in the Gbagada axis. Gbadeyan Abdulraheem, Lagos State Taskforce PRO, said this in a statement on Monday. “The Lagos State Taskforce has debunked the news making rounds that the agency is involved in the car chase that led to an accident and the tragic death of two LAWMA officials at the Gbagada axis this morning. The Chairman of the Agency, CSP Shola Jejeloye, disclosed today at the Agency Headquarters that there is no iota of truth…

The trial of a popular street-hop artiste, Azeez Fashola, popularly known as Naira Marley, who was charged with alleged cybercrime, has been foiled due to the absence of the judge meant to give a verdict in the Federal High Court sitting in Lagos State. The court, which was scheduled to sit on Monday for the trial, failed because the trial judge, Justice Nicholas Owiebo, reportedly attended a judges’ conference. The Economic and Financial Crimes Commission is prosecuting the defendant, Naira Marley, on charges bordering on cybercrime on May 14, 2019. Fashola, who made “Am I a Yahoo Boy” a popular…

Two female officials of the Lagos Waste Management Authority (LAWMA) were on Monday knocked down by a vehicle around the Charlie Boy area in Gbagada, Lagos State. An eyewitness simply identified as Sodiq, who spoke to our correspondent on the telephone, said the two yet-to-be-identified women died on the spot. He said, “It was a ghastly accident; two LAWMA women were just knocked down by a Sienna vehicle while they were carrying out their duty. “We don’t know what was wrong with the driver; he just drove straight here and hit the two women. It is such a pity. “The…

Many passengers were stranded on Monday in Lagos following the withdrawal of services in some parts of the state by commercial bus drivers. Chronicle NG reports that the withdrawal of services took effect in some parts of the state. Our correspondent learned that the areas affected mostly were Egbeda, Ikeja, Oshodi, and some interstate routes where there were no vehicles conveying passengers. https://twitter.com/chronicle_ng/status/1723986024060039258?t=OE9sdcBKC438wPWB_agWDg&s=19 Many passengers were seen at major bus stops across the state and were stranded as early as Monday morning. The Lagos State Police Command convened a stakeholders’ meeting on Sunday aimed at addressing the planned protest by…

Robert Lewandowski scored twice as Barcelona came from behind to beat struggling Alaves in La Liga. Samu Omorodion’s goal after 18 seconds had given the visitors a shock lead. Lewandowski headed the hosts level from Jules Kounde’s cross and then scored the winner from the penalty spot after Raphinha was fouled. The result leaves Barca third in the table, four points behind surprise leaders Girona and two adrift of second-placed Real Madrid. Lewandowski’s goals were his sixth and seventh in the Spanish top flight this season, ending a run of six games without a goal for the 35-year-old, his worst…