Author: Vincent Osuwo

Moniepoint sues Alerzo over N4.38bn debt, court freezes accounts

Tosin Eniolorunda, Chief Executive Officer of Moniepoint, has stated that the company is struggling to fill approximately 500 job opportunities, citing a lack of competent people in Nigeria. Eniolorunda revealed this while speaking at an event in Lagos on May 1, which is currently spreading on the internet. He stated that, despite a conscious shift toward hiring locally, the company has been difficult to discover applicants who satisfy its criteria. “We made a decision that we will no longer hire from any other place than Nigeria. If you go to Moniepoint career website, we have maybe 500 vacancies and we…

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Senate : SERAP demands Akpabio publish names in N200tn NNPCL probe

Senate President Godswill Akpabio joked on Tuesday that the African Democratic Congress was virtually dead following a new round of defections that saw senators join other political parties such as the Nigerian Democratic Congress and the Labour Party. Akpabio made the comment while presiding over plenary, just after the Senate announced the defection of members, including Victor Umeh, to the NDC, citing internal conflicts and “unending litigation” within the ADC. “Resignation from ADC and declaration for the Labour Party. Maybe all those defecting from ADC should just compile everything in one paper and bring it so that we don’t keep…

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SERAP, NGE urge action on press freedom in Nigeria, citing insecurity, rights abuses, and the need to protect journalists.

The Federal Capital Territory High Court in Maitama, Abuja, ordered the Socio-Economic Rights and Accountability Project (SERAP) on Tuesday to pay N100 million in damages to two Department of State Services personnel for a defamatory article on X. Justice Yusuf Halilu, who gave judgment in the case FCT/HC/CV/4547/24, ruled that the claimants, DSS officials Sarah John and Gabriel Ogundele, correctly demonstrated that SERAP’s publication on its official X account was defamatory. SERAP said in a series of postings published on its X handle on September 9, 2024, that officers from the State Security Service unjustly occupied its office and requested…

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Gunmen kill 6, injures 8 in Plateau attack

Five persons were killed on Sunday night when gunmen ambushed residents in the Fan District, Barkin Ladi Local Government Area of Plateau State, fueling fresh tension in the area. Community members stated that the victims were heading home around 9pm when the assailants opened fire without warning. “Four persons died on the spot, and another later died in the hospital,” said Pam Saidu, a resident of Fan, who confirmed the incident to our correspondent on Monday. The gunmen’s attack was also confirmed by the Berom Youth Moulders Association. Its press secretary, Rwang Tengwong, branded the killings as “unfortunate and condemnable”…

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Zenith Bank has authorized the appointment of Mustafa Bello as the new chairman of the bank following the expiration of the tenure of its founder and group chairman, Jim Ovia.

Zenith Bank has authorized the appointment of Mustafa Bello as the new chairman of the bank following the expiration of the tenure of its founder and group chairman, Jim Ovia. Bello’s confirmation was announced on Tuesday at the bank’s current 35th Annual General Meeting and confirmed in a statement. According to the statement, Bello, an engineer who joined the board on December 29, 2017, is now the bank’s longest-serving director. According to the bank, Ovia stood down after serving as a non-executive director and chairman for the required 12 years, in accordance with the Central Bank of Nigeria’s corporate governance…

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Jim Ovia, founder of Zenith Bank

Jim Ovia, the founder and group chairman of Zenith Bank, has retired from his position as the bank’s chairman following the expiration of his tenure. The announcement was made on Tuesday at the bank’s current 35th Annual General Meeting and confirmed in a statement. According to the bank, Ovia stood down after serving as a non-executive director and chairman for the required 12 years, in accordance with the Central Bank of Nigeria’s corporate governance requirements. On July 16, 2014, Ovia became the bank’s chairman. He returned to the role after serving as the bank’s founder and group managing director/CEO from…

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Colombia mine explosion kills nine

An explosion inside a coal mine in central Colombia, triggered by a buildup of gases, killed nine laborers on Monday, according to the mining authority’s final toll. Mining accidents in Colombia are common and often fatal, particularly in illicit or improvised mines. Monday’s event occurred at a lawfully operated mine in the Sutatausa municipality, 45 miles (72 kilometers) north of Bogota. According to a statement from the National Mining Agency, six miners were rescued and nine died “following an emergency at a mine in Sutatausa, Cundinamarca.” Cundinamarca Governor Jorge Emilio Rey told X that the explosion was “apparently due to…

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Cultists kill bride's father, hyperman during Lagos wedding

Cultists on Saturday shot dead a yet-to-be-identified father of a bride and a hypeman, identified simply as Victor, on Governor’s Road in the Ikotun area of Lagos State. Chronicle NG gathered that the incident occurred on Oviawe Street in the community shortly after a wedding ceremony had been concluded and guests had moved to an after-party. According to reports, the cultists rushed the facility while the celebration was still in progress, forcing people to flee for safety. According to a local named Tosin, Victor was entertaining guests when the cultists struck. He said, “They were holding an after-party after the…

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ADC accuses Obi of ignoring party policies

The National Publicity Secretary of the African Democratic Congress, ADC, Bolaji Abdullahi has accused Peter Obi of showing no interest in the party’s policy positions during his brief membership, saying he was only interested in obtaining the presidential ticket. Abdullahi stated this on Monday during an interview with Arise News’ Prime Time program, where he previously described Obi and Rabiu Kwankwaso’s departure from the ADC as a setback but not a fatal blow. Abdullahi stated that the party had spent months developing a manifesto with clear policy positions, but Obi never participated in the process. “You may invite His Excellency…

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APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

The African Democratic Congress (ADC) has termed Peter Obi’s and Rabiu Kwankwaso’s withdrawal from its platform as a setback but insists it is not a death blow to the party’s 2027 ambitions. Bolaji Abdullahi, the party’s national publicity secretary, confirmed this on Monday during an interview with Arise News’ Prime Time program. Obi, the Labour Party’s 2023 presidential candidate, and Kwankwaso, who ran on the New Nigeria Peoples Party platform, had temporarily joined with the ADC in an attempt to establish a broad opposition coalition ahead of the 2027 general elections. Both men have subsequently switched to the Nigerian Democratic…

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