By Ayomide Otitoju Hundreds of residents in Abule Oja, Lagos State, have benefited from a medical outreach fully funded by AXA Mansard Health Limited, reinforcing the company’s commitment to community wellness and universal healthcare access. Commitment to Universal Health CoverageSpeaking on the initiative, AXA Mansard Health CEO, Tope Adeniyi, emphasized the company’s dedication to ensuring…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has announced that the Kaduna Refinery and Petrochemicals Company (KDPRC) has achieved over 60% mechanical completion, signaling progress in its ongoing rehabilitation efforts. NNPCL’s Executive Vice President (Downstream), Isiyaku Abdullahi, disclosed this in Abuja during a workshop and engagement session with Kannywood artistes. “Kaduna, in…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has announced the introduction of new charges for customers withdrawing cash from Automated Teller Machines (ATMs) of banks other than their own, effectively ending the three free withdrawals previously allowed. The directive was contained in a circular dated February 10, 2025, and signed by John Onojah,…
Justice Ismail Ijelu of the Lagos State Special Offences Court, Ikeja, has scheduled March 11 for the arraignment of First City Monument Bank (FCMB) and three other defendants over allegations of forgery and mortgage fraud. The defendants include Okogun Polycarp, Batik Line International Limited, and Bolaji Adebajo. The court fixed the date after the accused…
Justice Ramon Oshodi of the Special Offences Court, Ikeja, Lagos, has ordered the forfeiture of 6.3 billion units of ordinary shares in Keystone Bank Limited, valued at N1.00 each, to the Federal Government of Nigeria. The ruling followed Sigma Golf Nigeria Limited’s guilty plea to the fraudulent conversion of N20 billion belonging to the Asset…
Finnish telecommunications giant Nokia announced on Monday that it will replace CEO Pekka Lundmark with Justin Hotard, an American executive currently leading artificial intelligence (AI) initiatives at Intel. Lundmark, who has been at Nokia’s helm since 2020, is set to step down on March 31, 2025, with Hotard assuming leadership the following day, the company…
By Ayomide Otitoju Polaris Bank, in partnership with Evolve Trust Charity, continued its commitment to improving education in Nigeria by donating essential school supplies to students at Gbaja Girls (Junior and Senior) High School, Surulere, Lagos, on Wednesday. The initiative, launched in 2021, focuses on empowering both girls and boys in public schools across the…
By Ayomide Otitoju Contrary to the Nigerian National Petroleum Company Limited’s (NNPCL) claims of progress in domestic refining, fresh data has revealed that the state-run oil firm imported 122,000 metric tonnes of petrol in just 96 hours, raising concerns over the true status of the country’s refineries. Records show that between February 6 and 10,…
By Ayomide Otitoju MTN Nigeria’s sudden increase in data prices has sparked widespread criticism on social media, with many subscribers expressing frustration over the steep hikes. The telecommunications giant raised the cost of its 15GB data bundle from N2,000 to N6,000, a 200% increase, despite regulatory approval from the Nigerian Communications Commission (NCC) allowing only…
