Lotus Bank Limited has been rocked by an insider fraud scandal involving over N336 million. Abdulkarim Arome Mohammed, a staff member in the bank’s Financial Control Department, allegedly exploited his system privileges to defraud the bank of N336,993,863.35. This revelation comes just two months after the bank reportedly lost N1.13 billion in a separate fraudulent…
Former Kogi State Governor Yahaya Bello has finally honored an invitation from the Economic and Financial Crimes Commission (EFCC), following months of disputes and an attempted arrest by the agency. The move comes after prolonged negotiations and attempts to address the ongoing legal issues. In a statement released on Wednesday by Ohiare Michael, Director of…
By Ayomide Otitoju The Airtel Africa Foundation has announced the launch of the prestigious ‘Airtel Africa Fellowship Program’ for undergraduate students at the Indian Institute of Technology Madras (IITM) Zanzibar, the first international campus established by an IIT. This fellowship aims to support students from diverse socio-economic backgrounds pursuing a Bachelor of Science in Data…
Bauchi State Governor, Yahaya Bello, on Wednesday attributed the ongoing crisis in the Peoples Democratic Party (PDP) to the machinations of the All Progressives Congress (APC). Speaking at the Government House in Bauchi during a meeting with members of the PDP Board of Trustees, Bello emphasized that the challenges facing the party are surmountable with…
Oyo State Governor, Seyi Makinde, has thrown his weight behind the Peoples Democratic Party (PDP) governorship candidate in Edo State, Asue Ighodalo, ahead of the upcoming election. Speaking on Wednesday at the groundbreaking ceremony for the upgrade of the Samuel Ladoke Akintola Airport in Ibadan to international standards, Makinde urged all PDP members to rally…
By Ayomide Otitoju In a world where sustainability is increasingly crucial to economic growth, the concept of a circular economy has emerged as a vital solution to urban challenges. Unlike the traditional ‘take, make, dispose’ model, the circular economy emphasizes resource reuse, waste minimization, and maintaining the value of materials for as long as possible….
By Ayomide Otitoju At the 6th National Day of Identity, Airtel Nigeria’s Chief Executive Officer, Carl Cruz, emphasized the critical role of Digital Public Infrastructure (DPI) in providing access to essential services for millions of Nigerians. The event, organized by the National Identity Management Commission (NIMC), was themed “Digital Public Infrastructure: Enabling Access to Services”…
By Ayomide Otitoju In a joint initiative with the World Health Organization (WHO), FIFA has unveiled a global campaign titled Suspect and Protect: No Match is Worth the Risk, aimed at raising awareness about the dangers of concussion in football. Launched in line with FIFA’s Strategic Objectives for the Global Game: 2023–2027, the campaign seeks…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC) and TotalEnergies have officially launched a $550 million upstream gas project for the development of the Ubeta field, the Presidency revealed on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, made the announcement during the inaugural U.S.-Nigeria Strategic Energy Dialogue, hosted by the…
