He was charged on a seven-count charge bordering on vote buying and other offences, with case number AB/10c/2023 (FRN Vs Adebutu &Ors, before the Presiding Judge, Justice Abiodun Akinremi. He has, however, pleaded not guilty to all charges proffered against him. Adebutu was accused of criminal inducement during the poll by security agents alongside other…
Market value of Nigeria’s largest financial services group, FBN Holdings (FBNH) Plc, has risen by the highest daily allowable limit at the stock market as investors reacted positively to the appointment of Lagos businessman, Mr. Femi Otedola as the Chairman of the group.The board of FBNH had last Wednesday announced the appointment of Otedola as…
The management of Fidelity Bank has estimated that it may lose about N1.19bn to claims and litigation for the year ended December 2023. This was shown in its condensed unaudited financial statements for 2023 filed with the Nigerian Exchange Limited. The lender said for the year under review, it was a party to legal actions…
116 customers of Wema Bank were rewarded with about N8m in the sixth monthly draw of the bank’s 5 for 5 Promo Season 3. In a statement, the firm said the live draw, which was held at the Oba Adesida branch of the bank in Akure, Ondo State, recently, featured over 70 customers at the…
The Central Election Commission (CEC) of Russia has found flaws in documents backing Boris Nadezhdin’s bid to run in next month’s presidential vote, he has said. The CEC informed the aspiring antiwar candidate on Monday that it had found 15 percent of the signatures he submitted to access the electoral race to be invalid, Nadezhdin…
A drone strike on a United States base in eastern Syria overnight has killed several fighters from Kurdish-led forces. The United Kingdom-based Syrian Observatory for Human Rights (SOHR) said on Monday that seven fighters were killed and at least 18 others injured. The attack follows US strikes on targets in Iraq and Syria over the…
Egypt’s top diplomat received his French counterpart Stephane Sejourne on Sunday in the New Administrative Capital. In a news conference after the meeting, Egyptian Foreign Minister Sameh Shoukry warned of a wider conflict in the region if a ceasefire was not reached in Gaza. “The war in Gaza, the threats we are seeing towards the…
The unprecedented move to reschedule the election to Aug. 25 and extend President Macky Sall’s mandate prompted unrest and criticism. Lawmakers are set to debate the bill proposing the election delay, marking a departure from Senegal’s history of election stability. The African Union, along with regional bodies and Western governments, called for a swift announcement…
The Grammy Awards, the highest honours in the music industry, were handed out at a ceremony in the United States city of Los Angeles on Sunday. Here is a list of winners: ALBUM OF THE YEARMidnights, Taylor Swift RECORD OF THE YEARFlowers, Miley Cyrus SONG OF THE YEARWhat Was I Made For?, Billie Eilish (from…
