By Ayomide Otitoju Eight worshippers were abducted during a church service in Omugo community, Ifelodun Local Government Area, Kwara State, with terrorists reportedly demanding a ₦1 billion ransom for the release of five of the victims. The victims, members of the Evangelical Church Winning All, were taken during a service in the rural Oro-Ago axis,…
By Ayomide Otitoju JMG Limited has announced plans to host an Engineering Sustainability and Solar Adoption Walk as part of efforts to promote renewable energy and sustainable engineering practices in Nigeria. The initiative, scheduled to commence from the company’s head office in Lagos, will bring together engineers, industry stakeholders, and sustainability advocates to raise awareness…
Ayomide Otitoju First Bank of Nigeria Limited has announced plans to host its SMEConnect Webinar on March 31, 2026, aimed at equipping small and medium-sized enterprises (SMEs) with practical knowledge on leveraging artificial intelligence (AI) for business growth. The bank said the webinar, themed “AI for Business Growth: From Adoption to Integration and Scalable Impact,”…
By Ayomide Otitoju Zenith Bank Plc has announced the appointment of Kennedy Onuwa Okwudili as an Executive Director, effective May 1, 2026. The bank said the appointment aligns with its longstanding succession strategy of grooming leaders from within and is expected to further strengthen its executive management team. Okwudili holds a Bachelor of Science (Hons)…
By Ayomide Otitoju Polaris Bank has reaffirmed its commitment to gender equity as a business and growth strategy during its 2026 International Women’s Day (IWD) celebration, emphasizing sustained investments in women’s empowerment, financial inclusion, and leadership development. This year’s theme, “Give to Gain,” called for collective action, collaboration, and strategic investment in women to accelerate…
Justice Chukwujekwu Aneke of the Federal High Court in Lagos has ruled that the Central Bank of Nigeria’s (CBN) January 2024 dissolution of Union Bank of Nigeria Plc’s board and management exceeded its statutory authority, declaring the intervention unlawful. Delivering judgment on Wednesday in Suit No: FHC/L/MISC/1377/2025, Justice Aneke held that the CBN acted ultra…
By Ayomide Otitoju A major fraud case involving the diversion of over N3.09 billion from customer accounts has exposed significant system vulnerabilities at First City Monument Bank (FCMB), as the bank intensifies efforts to recover part of the losses through legal channels. Justice Rahman Oshodi of the Special Offences Court in Lagos sentenced an ex-convict,…
Amazon Web Services (AWS) has confirmed an ongoing service disruption in Bahrain, attributing the outage to the continuing regional conflict, though it did not specify the exact location affected or the extent of damage. A spokesperson for Amazon Web Services said the company is assisting affected customers in migrating to servers in other regions while…
A justice of Brazil’s Supreme Court, Alexandre de Moraes, on Tuesday granted former president Jair Bolsonaro temporary house arrest on humanitarian grounds following his hospitalization for bronchopneumonia. In a court document obtained by AFP, the judge approved a 90-day period of house arrest to begin after Bolsonaro is discharged from hospital, noting that the measure…
