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…
By Ayomide Otitoju Gunmen have killed several military and police personnel, along with civilians, in an ambush at Giro Masa community in Shanga Local Government Area of Kebbi State. The attack, which occurred on Tuesday night, reportedly claimed the lives of an unspecified number of security operatives, as well as two residents of the community….
By Ayomide Otitoju Former Bayelsa State Governor and current Senator, Seriake Dickson, has expressed disappointment over the ongoing crisis in the Peoples Democratic Party (PDP), saying ex-President Goodluck Jonathan “must be sad” that a party that produced three presidents since 1999 has been “killed and buried.” Dickson made the remarks on Tuesday during an appearance…
By Ayomide Otitoju Governor Babajide Sanwo-Olu on Tuesday presented brand-new official vehicles to Level 17 officers across Lagos State’s Ministries, Departments, and Agencies (MDAs), aiming to boost efficiency and service delivery in the civil service. The handover ceremony, held at the State House in Alausa, marks the third occasion the administration has provided vehicles to…
