Court orders Fidelity Bank to return alleged stolen N51.4m to UBA via Police

A Federal High Court, sitting in Lagos, has ordered Fidelity Bank Plc to return the sum of N51, 443, 606. 48 million, to the United Bank for Africa (UBA) Plc through the Nigeria Police. The said N51.443,606.48 million, according to the Intelligence Response Team (IRT) of the Nigeria Police, was said to be part of N107, 907, 039, allegedly stolen from a client of UBA Plc and fraudulently hid in a Fidelity Bank Plc’s account number 6323548628 maintained by one Eze Roseline. The court presided over by Justice Oluremi Oguntoyinbo,…

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Air Peace dismisses reports of strike by pilots as false

The management of Air Peace has dismissed a publication which is circulating on social media, purporting that its pilots are on strike as false and baseless. A statement signed by the management of the airline stated that the information is not only unfounded but also mischievously orchestrated by its source to portray the airline in bad light. According to the airline: “This is to categorically state that our pilots are not on strike and nothing can warrant such development. The members of the public are advised to ignore such publication…

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COVID-19 crisis highlights need for flexible energy systems, bigger role for renewables

The COVID-19 crisis has highlighted the need for Africa to develop flexible energy systems in which renewables and decentralised technologies play a far larger role, according to Standard Bank Group. The pandemic has led to a global decline in electricity demand as commercial and industrial activity slows and people work from home. In South Africa, for example, electricity demand reduced by as much as 7,500MW on average in March and April – the height of the national lockdown. In response, power stations were taken out of service to keep the…

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InterswitchSPAK: Tool for social inclusion

People drive socio-economic growth, this means that the greater the percentage of people involved in the productive process of a country, the more avenues for national development. This is precisely why a principal expectation of government is the creation of conditions for economic growth and material prosperity. To achieve this, there must be a concerted effort to improve access to education and economic opportunities, build indigenous capacity and promote social inclusion. In this regard, social inclusion is the method of improving the terms, abilities, opportunities, and dignity of those disadvantaged…

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EFCC arraigns 8 suspected oil thieves, vessel

Eight suspected oil thieves have been arraigned before a Lagos Federal High Court, by the Economic and Financial Crimes Commission (EFCC), for alleged illegal dealing in 351 metric tonnes of petroleum products. The defendants, Stephen John Degbe; Bode Shofela; Emmanuel Esalet; Aderibigbe Jeje; Peter Atijere Ekpe; Dayang Nantok Ibrahim; Adewunmi Oguntifa and Samuel Alalbi were arraigned before Justice Sule Hassan, alongside a vessel named MV Laida. The defendants and the vessel were arraigned on charges bordering on conspiracy and illegally dealing in petroleum products, unlawful dealing in the product and…

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Nigeria Inter-Religious Council tasks NCPC boss on unity of Christians

Nigeria Inter-Religious Council (NIREC), on Tuesday charged the Newly appointed executive secretary of the Nigerian Christian Pilgrim Commission (NCPC), to use the office as a unifying factor for Christians and to make Nigeria great again. The executive secretary, NIREC, Rev Fr. Cornelius Omonokhua who gave the charge during a courtesy visit to the NCPC boss, in Abuja stressed that unity was needed in every establishment of the country.  Omonokhua also commended the NCPC Executive Secretary for his efforts in peace building and inter-faith harmony.  While describing the NCPC boss as a tested…

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Union threatens to declare VIP’s others who flout Covid 19 airport protocols persona non grata

Aviation Union has threatened to declare VIP’s others who flout Covid 19 airport protocols at airports persona non grata at all Nigerian airports and may as such be embarrassed if found within any airport premises. The National Union of Air Transport Employees, NUATE, is a statement signed by its president, Comrade Ben Nnabue stated that the union is compelled to sound the note of warning to VIPs, and indeed all airport users that the union will henceforth take more than passing interest in unruliness of any kind at Nigerian airports,…

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