High Street

There is an unravelling plot within a plot at the Nigerian Tourism Development Corporation. According to societynow Workers of the Nigerian Tourism Development Corporation are up to usual tricks. They have started usual protests. And the target is Folorunsho Coker, the new Director-General of the tourism agency friends call "folly". Checks revealed the same tactics have been used against all past bosses of the NTDC from Otunba Segun Runsewe, to Omotayo Omotosho onto Sally Mbanefo and now Folorunsho Coker. Further checks revealed the workers usually adopt the "measure" when the D.G refuses to dance to their tune. Coker is said to have particularly adopted a system that puts all processes under thorough checks, while he worked on a model to plug all loopholes and great mileage on all "investments" while "reinvesting" the gains back into the system. The workers were said to have found the strategy to ki...

Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo The suspended director-general of the Securities and Exchange Commission, Mounir Gwarzo, is facing at least two enquiries over his role as helmsman of the commission since 2015. Apart from the administrative enquiry ordered by the Minister of Finance, Mrs Kemi Adeosun, Gwarzo is also being investigated by the Economic and Financial Crimes Commission. EFCC wants to unravel the owners of the nine companies that were awarded contracts by the SEC under Gwarzo. They include Outbound Investment Limited, Medusa Investments Limited, Northwind Environmental Services, Micro-Technologies Limited, Tida International Limited, Outlook Communications, Acromac Nigeria Limited, Balfort International Investment Limited and Interactiven Worldwide Nigeria Limited. According to the EFCC, Gwarzo, his wife and other cronies allegedly used these companies to carry out illegal transactions in SEC. Gwarzo, 30 months o...

Adamawa State Governor, Jubrilla Bindow, on Tuesday met behind closed doors with President Muhammadu Buhari. The meeting which was held inside the Presidential Villa, Abuja, barely four days after former Vice-President Atiku Abubakar resigned his membership of the ruling All Progressives Congress. Atiku’s exit fuelled speculations that Bindow who is his state governor may also dump the party. But the governor told State House correspondents after the meeting that he has no plan to leave with Atiku. He also said Atiku’s defection could not affect the electoral fortune of the party in the state. Source: Punch

A federal capital territory ( FCT ) high court has ordered that Maryam Sanda be remanded in Suleja prison for allegedly murdering Bilyamin Bello, her husband. The FCT police command arraigned her before Yusuf Halilu, a judge, on Friday. Maryam, who wept profusely in the court, covered her face with a veil to prevent journalists from taking pictures. The police had initially said it would be difficult to detain her because she has a six-month-old baby. Sanda reportedly stabbed the victim to death based on the suspicion that he was cheating on her. Mohammed was the son of Haliru Bello, a former national chairman of the Peoples Democratic Party (PDP). In the charge sheet seen by TheCable, Sanda was accused of committing an offence punishable by death. She pleaded not guilty to the charges. Hussein Musa, the defence counsel, askedthe court not to let his client be in custody because she is nursing a child. After listening to Musa’s submission, the judge held that she ...

These are not the best of times for Mr. Victor Gbolade Osibodu, owner of the multi-billion Vigeo Holdings and husband of Funke Osibodu, one-time Managing Director of Ecobank and Union Bank, as a Federal High Court sitting in Lagos, South West, Nigeria, on Wednesday November 22, 2017 issued an order restraining the businessman, and his company, Vigeo Limited from making any withdrawal from its account and those of his agents domiciled with 17 commercial banks in Nigeria. The order of the court was sequel to an affidavit deposed to by a business manager of Ecobank Nigeria Limited, Mr. Segun Akinsanya and filed before the court by a law firm, Simmons Cooper Partners. The court issued the orders, over an alleged indebtedness of the defendants in the sum of about N8.7Billion. The court also restrained Mr. Osibodu and his agents by dissipating all his movable assets including, but not limited to the following: Shareholding of 80% in the property at 6 Osborne Road Ikoyi Lag...

Former Vice President Atiku Abubakar has resigned his membership of the ruling All Progressives Congress. In a statement released today Friday November 24, 2017 the Waziri of Adamawa detailed how he was talked into joining APC when his party then (PDP) became factionalized. It reads “On the 19th of December, 2013, I received members of the All Progressives Congress at my house in Abuja. They had come to appeal to me to join their party after my party, the Peoples Democratic Party, had become factionalized as a result of the special convention of August 31, 2013. “The fractionalization of the Peoples Democratic Party on August 31, 2013 had left me in a situation where I was, with several other loyal party members, in limbo, not knowing which of the parallel executives of the party was the legitimate leadership. “It was under this cloud that members of the APC made the appeal to me to join their party, with the promise that the injustices and failure to abide by its...

Skye Bank CEO, Tokunbo Abiru has renewed the bank’s commitment to personalized customer service as the new focus of the bank’s retail banking strategy. He disclosed this yesterday during the unveiling of a TV commercial on its digital banking solution; SkyeXperience. The television commercial which is titled “You Are in Control”  expresses the unique value proposition of the product to include its Omni-Channel, Self-Service and uniform sign-on across multiple devices. Speaking at the sneak peek session which held at the bank’s corporate headquarters, The Group Managing Director remarked that: “today, banking is no longer about the physical building but where you are and the device you are using. SkyeXperience is therefore designed to give our customers, a seamless and consistent transition from one channel to the other without any hindrance. Giving a glimpse of the TVC creative thrust, Nduneche Ezurike, Head of Strategic Brand Management of the Bank describe...