November 3, 2020

Fidelity Bank Posts 9 Months Result As Profit Hits N21.3bn

Fidelity Bank Posts 9 Months Result As Profit Hits ₦21.3bn

November 3, 2020 11:55 pm

Fidelity Bank Plc has continued to sustain its impressive run of financial performance with the strong 3rd quarter results for the year, released Monday at the Nigerian Stock Exchange (NSE). Details of the results show improvements in key indices though Gross Earnings dropped marginally by 3.7 percent from ₦161.1bn in 2019 to ₦155bn. 

Profits were however up by 3.6 percent, closing at a Profit Before Tax (PBT) of ₦21.3 billion whilst Profits After Tax (PAT) rose by 7 percent from N19bn to ₦20.4 billion in the period under review.

In other indices, Customer Deposits, Net Loans, and Total Assets …

Boko Haram Kills 11, Abducts Nine Women in Borno

Boko Haram Kills 11, Abducts Nine Women in Borno

November 3, 2020 10:50 am

Nine women were reportedly abducted by suspected Boko Haram insurgents in the attack on Takulashi village of Chibok Local Government Area of Borno State on Monday.

Details of the attack on the remote village, which were received yesterday further revealed that eleven persons were feared killed in the attack as against the seven members of the Civilian Joint Task earlier reported to have been killed in the Sunday’s siege.

Some residents of the village had told correspondents that that seven members of the Civilian joint task force  (CJTF) and local hunters who were part of the group that engaged the …

IGP Redeploys DIG, AIG To New Departments

IGP Redeploys DIG, AIG To New Departments Respectively

November 3, 2020 9:13 am

The Inspector-General of Police, Mohammed Adamu, has approved the posting of Deputy Inspector-General of Police, Sanusi Lemu, and Assistant Inspector-General of Police, Usman Baba, as DIG in-charge of the Department of Operations and acting DIG in-charge of Finance and Administration, respectively.

Read Also: IGP Adamu To Policemen: Defend Yourselves In Face Of Danger

The deployment of the senior officers was sequel to the retirement of DIGs Abdulmajid Ali and Abduldahiru Danwawu, after the completion of their statutory years of service.

The IG equally approved the posting of AIG Mustapha Dandaura as the Force Secretary and member of the Nigeria …

Ethiopia attack Dozens 'rounded up and killed' in Oromia

Ethiopia Attack: Dozens ‘Rounded Up And Killed’ In Oromia

November 3, 2020 9:05 am

Gunmen have killed at least 32 people and set fire to homes in a “horrendous” attack in western Ethiopia, officials say. Local authorities said the rebel Oromo Liberation Army (OLA) was to blame for the attack in Oromia state.

Residents said dozens were rounded up and killed and livestock was stolen in the attack which lasted several hours. Prime Minister Abiy Ahmed who spoke on Monday said Sunday’s attack in the Guliso district, in the Oromia region, may have been identity-based.

Ethnic violence has increased since Mr. Abiy took office in April 2018, loosening controls in what had

…
WAEC Moves Calabar Office To Uyo

WAEC Moves Calabar Office To Uyo

November 3, 2020 8:57 am

The West African Examinations Council has relocated its office in Calabar, the Cross River State capital to its zonal office in Uyo, the Akwa Ibom State capital.

Read Also: WAEC Withholds SSCE Results Of 215,149 Candidates

WAEC Nigeria said the relocation is “till further notice,” adding that the movement became necessary following ‘vandalisation, looting and burning down of the WAEC Branch Office, Calabar by hoodlums on Saturday, October 24, 2020.’

This was contained in a statement on Tuesday titled, ‘Temporary Relocation Of Waec Branch Office Calabar, Cross River State, To Waec Zonal Office, Uyo, Akwa Ibom State’.

The statement was …

Senate Tackles Lai Mohammed Over N250m Project

Senate Tackles Lai Mohammed Over N250m Project

November 3, 2020 8:09 am

The Senate on Tuesday tackled the Minister of information, Lai Mohammed, over a controversial project fully funded by the Ministry of Finance for execution by his Ministry in the 2020 fiscal year.

Read Also: SERAP, 261 Others Sue Lai Mohammed, NBC For Sanctioning Channels, AIT, Arise TV

The project was tagged ERPG 10145116, and was listed as ‘completion of NTA Gashua sub-station ongoing’.

The project had its allocation of N250m fully released to the Ministry.

The Minister led other top officials of his Ministry to the Senate on Tuesday o defend their 2021 budget estimates.

Chairman, Senate Committee on …

LCC Submits Footage To Judicial Panel Regarding Lekki Shootings

LCC Submits Footage To Judicial Panel Regarding Lekki Shootings

November 3, 2020 8:05 am

The Lekki Concession Company, operators of the Lekki toll gate, has submitted video footage recorded by its surveillance camera on the night of October 20, 2020, when soldiers allegedly opened fire on #EndSARS protesters at the Lekki toll gate.

Read Also: Fashola Discovers Mystery Camera At Lekki Toll Gate (Video)

The Managing Director of LCC, Abayomi Omomuwa, submitted the video footage on Tuesday to the Judicial Panel of Inquiry set up by the Lagos State Government to probe the Lekki shootings as well as complaints of human rights abuses against members of the disbanded Special Anti-Robbery Squad.

Tendering the …

COVID-19 UAE Prime Minister Injected With Trial Vaccine

COVID-19: UAE Prime Minister Injected With Trial Vaccine

November 3, 2020 7:31 am

The Prime Minister of the United Arab Emirates, Sheikh Mohammed bin Rashid Al Maktoum, on Tuesday, disclosed that he was injected with COVID-19 trial vaccine produced by the UAE medical teams.

Read Also: UAE, Israel Seal First Banking Deal

@HHShkMohd, who shared this on Twitter with a photo of a health worker injecting him, said the teams worked relentlessly to make the vaccine available.

He, however, did not state whether or not the vaccine has been endorsed by the World Health Organisation. He also did not reveal his COVID-19 status.

The PM wrote, ‘While receiving the COVID-19 vaccine today. …

Immigration Prevents #EndSARS Promoter From Travelling

Immigration Prevents #EndSARS Promoter From Travelling

November 3, 2020 7:21 am

The Nigeria Immigration Service on Monday prevented a promoter of the #EndSARS movement, Modupe Odele, from travelling.

Read Also: Nigeria Advances In Reversing US Immigration Visa Suspension –Buhari

Although the officers did not disclose the reason for their action, it is believed that the action was taken because of her alleged role in the #EndSARS protests.

Odele, had through her Twitter handle, @Mochievous, mobilised her 219,000 followers during the protests.

She had also offered free legal aid to persons who were unjustly arrested during the demonstrations.

Confirming the development in a newsletter sent out on Monday, the lawyer said she …

Egypt To Deport Seven Nigerians For Protesting Without Permit

Egypt To Deport Seven Nigerians For Protesting Without Permit

November 3, 2020 7:05 am

The Chairman, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa has said that the Egyptian authorities have confirmed that seven out of the eight Nigerians, who took part in the END SARS protests in Egypt on October 18, would be deported to Nigeria for lack of resident permits/visas.

Dabiri-Erewa, however, denied the allegation that the Federal Government of Nigeria was involved in the Nigerians’ arrest, adding that the Nigerians were not arrested at the Nigerian Embassy but at another location.

Read Also: FG Refutes Claims Of Arrest Of Nigerians In Switzerland

She further explained that the only Nigerian among …

Local Rice Supply Threatened After Massive Looting Of Warehouses

Local Rice Supply Threatened After Massive Looting Of Warehouses

November 3, 2020 6:09 am

 Rice Millers under the agies of  Association of Nigeria (RIMAN) has raised concerns that the nation’s rice production following the looting and destruction of warehouses which occurred in several parts of  the country,  according to them, rice production in the country is currently under threat and only urgent government intervention can forestall scarcity of the staple food in the market.

29 rice mills were reportedly looted and vandalized across the nation, with RIMAN members estimated to have lost about N228 million worth milled and paddy rice, aside vandalized equipment and private property running in millions of Naira.

RIMAN, in a …

It’s Unclear Who Shot Protesters In Lekki - Malami

It’s Unclear Who Shot Protesters In Lekki – Malami

November 3, 2020 4:05 am

The Attorney General of the Federation and the Minister of Justice, Mr. Abubakar Malami, on Monday, Suggested that ‘hoodlums’ wearing military uniforms may have been responsible for the undemocratic shooting of protesters campaigning against police brutality in Lagos, adding that it was ‘too soon’ to tell if soldiers were involved.

You would recall that EndSARS demonstrations across the country had turned violent on October 20 when witnesses in Lagos said the military opened fire on peaceful protesters in the Lekki district shortly after local authorities imposed a 24-hour curfew, drawing widespread criticism and international condemnation.

Soldiers and police killed …

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