High Street

Keystone Bank Limited (the Bank) has announced the resignation of Mr. Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Mr. Abubakar Danlami Sule as Acting Managing Director/CEO. Mr. Sule’s appointment is subject to approval by the Central Bank of Nigeria. A statement from the Bank disclosed that Mr. Ohiwerei is leaving to pursue other personal interests. The statement further added that the Board recognized and appreciated Mr. Obeahon’s immense contributions to the growth of Keystone Bank and the visibility the Bank had attained as a brand in the past eighteen months. Mr Sule is a graduate of Ahmadu Bello University, Zaria with degree in Accounting. He is a Fellow of the Institute of Chartered Accountants of Nigeria; anHonourary Member of the Chartered Institute of Bankers of Nigeria;a Governing Member of the Chartered Institute of Bankers of Nigeria; and an Alumni of both the INSEAD (France) and Wharton Business School in Pennsy...

The group Managing Director of Eco Bank Ade Adeyemi and members of the management team have paid a courtesy visit on Abdulsamad Rabiu, the billionaire behind highly rated BUA group. Adeyemi and his team visited game changer Rabiu at the BUA group's corporate head office in Lagos. The event aimed at positively impacting on the nation's economy held today, Thursday, March 28, 2019

There are three kinds of people. In the first category you have those who make things happen. In the second category you have those who talk about those who make things happen. And in the third category you have those who do not know what is happening. God has ordained for me to make things happen, and I am grateful to Him. That is my ministry. Those who talk about the people who make things happen also have this as their ministry. They constitute the Gossip League. If I have been a major gossip commodity in their “enterprise”, I bless the name of the Lord. There is one thing worse than being talked about and that is not being talked about. But when they take their trade (gossip) to embarrassing heights of absurdity, one painfully has to undertake the task of reining them in and ensuring that lies and falsehood do not flourish in our State and invoke God’s wrath. It is not about me, but about the law of sowing and reaping. Rest assured that every idle and malicious talk would b...

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has hailed the leadership qualities of the National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu describing him as the greatest politician of the present generation. Rt. Hon. Obasa made this disclosure while rejoicing with Asiwaju Tinubu on his 67th birthday celebration. The Speaker’s message was contained in a statement released on Thursday by his Chief Press Secretary, Musbau Rasak. “Asiwaju is the greatest politician of this generation. His leadership qualities and ability to discover and nurture talents for the greater good of the public is uncommon and unrivaled among his peers,” Rt. Hon. Obasa said. According to the Lagos Assembly Speaker, “but for the special discovery talent of Asiwaju, great administrators like the Vice President, Professor Yemi Osinbajo; former Osun State Governor, Ogbeni Rauf Aregbesola; former Lagos Governor, Mr Babatunde Raji Fashola, SAN; Minister ...

Abdul Samad Rabiu, the Executive Chairman/CEO of BUA Group has join company executives, investors and public officials, head of the financial institution and presidential economic advisor to chart a new course for Africa at the 7th Africa CEO Forum in Kigali, Rwanda. Abdul Samad Rabiu spoke who on “Economic Integration” at the forum alongside the President of the Republic of Rwanda, Paul Kagame, the Chief Executive Officer of International Finance Corporation (IFC), Philippe Le Houérou and the Executive Chairman, Orascom Investment Holding, Naguib Sawiris identified new business challenges and prospects that would benefit the public and private sectors in Africa.

BUA Group has signed a contract with WartsilaOy of Finland for the construction of a 48 megawatt power plant for Sokoto Cement line 3 in Sokoto State. This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI, for the construction of a new cement line in Sokoto State. The Executive Chairman/CEO, BUA Group, Abdul Samad Rabiu, signed on behalf of the group while the Head of Africa, Wartsila Oy, Magnus Miemois signed for the multinational company known to provide services for power suppliers, marine, cement and mining industries. In his remarks, Abdul Samad Rabiu disclosed that BUA was attracted by the incredible track record of Wärtsilä who has provided 1000 megawatt of power in Africa and has 70 GW of installed power plant capacity in 177 countries around the world.Abdul Samad who expressed confidence in the construction of the ultramodern power plant said Sokoto Cement lines when combined now has a total o...

The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) initiatives. The CBN at its 2018 annual awards for sustainability in Lagos, recognized Ecobank’s activities in four categories which include Sustainability Bank of the Year;; Sustainability Bank of the Year -oil and gas; Sustainability Bank of the Year -power sector and the Women Empowerment category  – the bank was first runners up in all four categories. These recognitions are an acknowledgement not only of the bank’s efforts at supporting industrial sector development but also in the development of efficient sustainability programmes for the good of the citizenry. The CBN Sustainability Awards – a part of the Nigerian Sustainable Banking Principle, NSBP, initiated in 2012, is an award that appreciates the efforts of financial service providers who have been able to successfully integrate social and environmental consideratio...

The French Ambassador to Nigeria, Jérôme Pasquier accompanied by the Chief Executive Officer, CEEMEA (Central & Eastern Europe, Middle East and Africa), Société Générale, Michel Cohen were received at the BUA Group HQ today Tuesday by the Executive Chairman/CEO of BUA Group, Abdul Samad Rabiu. The August event is captured in this image.

In a clear show of its resilience and strong market share, Zenith Bank has announced an impressive result for the year ended December 31, 2018 with profit before tax (PBT) rising to N232 billion for the 12 months ended December 31, 2018. Also, in demonstration of its commitment to its shareholders, the bank has announced a proposed final dividend pay-out of N2.50 per share, bringing the total dividend to N2.80 per share, representing a yield of 11.2 per cent. According to the bank’s audited financial results for the 2018 financial year released in Lagos on Tuesday, this represents an increase of 16.6 percent over the N199 billion recorded for the same period in 2017. It is the highest so far published by any bank in the Nigerian Banking Industry in the current reporting period. Also, the results showed that profit after tax (PAT) witnessed an impressive growth of 11 per cent year-on-year to N193 billion from N174 billion. This record profit before tax (PBT) was achieved thr...

A Nigerian journalist, Ruona Meyer, has called out Olufunke Phillips, the digital manager of Lagos State Governor-elect, Babajide Sanwo-Olu, for being a fugitive after being charged for cocaine possession. Ms Meyer made the disclosures on Friday morning via posts she made on her Facebook and Twitter pages Ms Phillips, who is also a popular social and political commentator on social media, has declined to comment on the disclosures. Ms Phillips (full name: Philip Esther Olufunke) was charged by the National Drug Law Enforcement Agency (NDLEA) with illegal possession of 3.14 kilogrammes of cocaine in 2007. She was arraigned before Justice P.I Ajoku of the Lagos Division of the Federal High Court in 2007 but she, alongside 25 others absconded after being granted bail by the judge. The case seemed to have been forgotten until she publicly fell out with Ms Meyer, who holds a dual Nigerian-German citizenship, brought it back to the fore. Ms Meyer is accusing Ms Phillips of intelle...

PRESIDENT of the Association of Online Media Practitioners of Nigeria, (AMPON) and publisher of a renowned Ireland-based journal, Wole Arisekola, has congratulated the Governor-elect of Oyo State, Engineer Seyi Makinde, and his running mate, Engineer Rauf Aderemi Olaniyan, on their resounding victory at the polls on Saturday. Seyi Makinde was declared winner and returned elected by the Returning Officer of the Independent National Electoral Commission (INEC) in the State, Prof Oluwatoyin Ogundipe, having polled a total of 515,621 votes to defeat his closest challenger and candidate of the *All Progressives Congress (APC), Mr. Adebayo Adelabu, who polled 357,982 votes. In the congratulatory message, Arisekola said the feat was a reward for the vigorous campaigns embarked upon by the People’s Democratic Party candidate and his running mate across the length and breadth of the State. *”I hereby congratulate the Oyo State Governor-Elect, Engr. Seyi Makinde and his deputy, Engr. Rauf ...

Union Bank marked International Women’s Day with the launch of its women’s proposition, Alpher. Alpher was unveiled as part of the Bank’s annual celebrations to mark the global movement to accelerate gender parity across the world. Alpher is a platform to ‘enable success’ and empower women across all segments of the Nigerian society through capacity building opportunities, networking platforms, scholarships and tailored financial services for women. The Bank also awarded 40 scholarships to women entrepreneurs to build their capacity through the Enterprise & Leadership Program (ELP) organised by China Europe International Business School (CEIBS) in partnership with Leading Ladies Africa. Chief Executive Officer, Mr. Emeka Emuwa, members of the Board of Directors and employees were joined by customers and partners to celebrate women and support the push for gender parity. The event also featured a panel discussion on Accelerating Parity; Challenging the Status Quo’. Panelists ...

For the last couple of days, I have spent my energy and time addressing some post election issues and controversies especially the needless blackmailing of Senator Godswill Akpabio by enemies within and outside his party . The purpose of writing this article is to reset the brains of few educated illiterates who think they are mocking God’s anointed son. First, I want to underscore that my purpose is not to incite any form of tribal sentiment against any group but to put the records straight that the unfortunate event that happened last Saturday was as a result of an avoidable mistake among the leaders of the All Progressives Congress in the state. My primary purpose for writing this article is to offer advice on how we can face the electoral umpire together as a team in the next election in the state. My strong conviction is that all forms of hatred, resentment, anger and malice are wasted emotional and psychological energy that could be better channeled into improving one...

By Tunde Ajose The term leadership could simply be defined as exemplified between the good people of Kwara State and their leader, the Nigerian senate president, Bukola Saraki, especially due to the result of the last presidential election. Saraki, instead of being sad over the results, where the opposition party won massively, knew there was need to calm his people's nerves and addressed their grievances. This is in order to find a lasting solution to the lingering peace of the state that's being threatened by the opposition party's 'do or die' attitude. In the last 5 days, the senate president has touched base with his people and both have realised where there are needs to make amends, agreed to work together to shame those who used money and power harassment to sway votes. The interactions led to revelations and self assessments.  Kwara electorates discovered to their chagrin that the alternatives they wanted to dump Saraki for don...

Sexy sensational music act born Blessing Akhere Okpiaifo and popularly known as Akhere is just back bigger and better in the music world with a special gift to the entertainment industry. She just officially released her new spanking single entitled- ‘On My Mind’. The pretty and leggy talented artiste is so passionate about the music industry and her undying love for singing has been her propelling force since she fell in love with melody from her tender age. The Economics graduate and fun loving lady has redefined herself by making new notes in the studio. And, she had always desired to sing and to be well respected in the music industry. Information available revealed that she loves Nigerian music and she so motivated by some artistes that are creative and original doing what they know how to do best. She is a bundle of talents who is a good stylish dancer, song writer and composer that is rare to find among her peers in this part of the world. The industry watcher sque...

Unless the Lagos State Environmental Protection Agency (LASEPA) swiftly rises to curtail the activities of Bar Beach Plant of Lafarge WAPCO Plc, the already endangered lives of residents of Victoria Island, especially those living in Noga Estate and Tiamiyu Savage axis, are on the brink of being cut short by terminal illnesses. As it stands, the long standing peaceful relationship between Lafarge Cement and its host community of Bar Beach, Victoria Island is about to be threatened by complaints over dust pollution and the company’s insensitivity. It beggars belief that Lagos State Government, in spite of spirited appeals has not been able to do anything to stem the sustained and rising tide of environmental poisoning of the area by the cement giant, in desperate pursuit of profit. A visit to the Noga Estate, whose residents are worst hit, revealed a people consistently plagued with clouds of dust and smoke hovering in the mid-sky. The thick particles often settle on their roofs, f...

Senate President, Dr. Abubakar Bukola Saraki, today urged his teeming supporters not to be discouraged by the outcome of the presidential and National Assembly elections in the state, but should troop out en masse to vote for the Peoples Democratic Party(PDP) governorship and house of assembly candidates come March 9 elections. Saraki who was given an heroic reception on arrival at Ilorin International Airport by a mammoth crowd of supporters and well wishers, expressed confidence that the PDP has the number to emerge victorious in the remaining elections. Addressing his supporters at the Charity House at his Iloffa GRA residence in Ilorin, the Senate President urged his people to close ranks and work in unison for the PDP in the governorship and house of assembly elections. Appealing to his supporters and other aggrieved stakeholders to overlook wherever the system might have erred in the overall interest of Kwara state, Saraki reminded them that "those you voted for in...

By Tunde Ajose The emergence of President Muhammadu Buhari on the platform of All Progressives Congress (APC) in a state does not mean that the party's gubernatorial candidate would have an easy ride. This was what the election held on 23rd of February threw up. If it were so, the pundits who had predicted a loss for the executive governor of Ogun State in the last election would have taken the crown. But unfortunately for them, the paid analysts and their paymaster, Asiwaju Ahmed Tinubu's projection fall flat on its face, as the governor, Sen. Ibikunle Amosun despite all odds, seamlessly clinched the Ogun Central Senatorial district mandate. The odd included the alleged Tinubu bankrolling the African Democratic Congress candidate, Titi Oseni, who pulled a meagre 37,101 votes as against Amosun's 88,110 votes. Despite the anti-party activities of the so-called APC's party national leader, which was meant to work against the election of Buhari in the gateway st...

Federal High Court sitting in Apo, Abuja, Friday, ordered the Independent National Electoral Commission (INEC), to stop action on the issuance of certificate of return to any candidate in respect to Akwa Ibom North West Senatorial election held on February 23, pending the determination of suit before it. Justice Valentine Ashi made the order in an application, with suit No. FCT/HC/M/2680/19, with Senator Godswill Akpabio as the applicant. The Independent National Electorial Commission (INEC) is the respondent. In an exparte motion dated February 28 with an affidavit deposed to by one Daniel Michael Idoko and filed on March 1, Senator Akpabio prayed the court for leave to apply for “judicial review for the issuance of writ of Mandamus, prohibition, injunction and other declaratory reliefs against INEC. Akpabio also asked the court to direct the respondent to stay further action ” particularly further action in respect of issuance of certificate of return to any candidate in...