The Enugu State Government has signed an agreement with Del York Group (“Del-York”) to develop an ultra-modern Multipurpose Sports, Education and Entertainment hub to be known as the 042 Arena and Entertainment Park. the signing ceremony, at the Government House in Enugu, had in attendance His Governor of Enugu State, the Secretary to the State…
The dangerous strain in relations between the two neighboring countries emerged after the secessionist region of Somaliland signed an agreement with Ethiopia on January 1rst, granting the latter control over a maritime port and a military base on the Red Sea. Last week, Somalia declared its readiness to go to war. This wouldn’t be the…
A Delta State High Court sitting in Effurun has dismissed the preliminary objections put forth by Nigerian singer, David Adeleke, also known as Davido, and his company, Davido Music Worldwide. They had challenged the court’s authority to handle the breach of contract case brought against them by Amaju Pinnick and Brownhill Investment Company Limited regarding…
2024 will turn out to be one of the years with busiest elections in recent times as a larger per cent of the population in the world will be electing their leaders. No fewer than 30 countries will elect presidents while 20 elect their parliament. Observers alert of risk in places of disinformation and manipulation…
It’s all joy for Nigerian gospel singer Moses Bliss who has proposed to his partner at an undisclosed place believed to be in London, the United Kingdom. The excited Daddy Wey Dey Pamper singer shared photos of the proposal to his partner on his social media platforms. “The Lord makes all things beautiful in HIS…
International tourism levels will be slightly higher than its pre-pandemic levels in 2024 boosted by an expected resurgence in Asia. The United Nations World Tourism Organisation said this in a statement on Friday. “International tourism is expected to fully recover pre-pandemic levels in 2024, with initial estimates pointing to 2.0 percent growth above 2019 levels,”…
Abbey Mortgage Bank Plc has expressed worry over the high non-performing loans in the mortgage industry. The Managing Director of the bank, Mobolaji Adewumi, stated this on Thursday during a ‘Facts Behind the Figures’ presentation at the Nigerian Exchange Limited. He said, “For mortgage banks, the NPLs are quite high. In 2020, when VFD Group…
Wema Bank has denied claims that it is distressed just as Union Bank of Nigeria says it is not shutting down operations on Friday (today). In a statement, Wema Bank said that there was no truth to the claims made in some sections of the media (Not The PUNCH). “Rather than bow to pressure from…
The newly appointed Managing Director and Chief Executive Officer of Keystone Bank Limited, Mr. Hassan Imam, has reassured the bank’s customers of the safety of their funds and effective service delivery. Imam gave the assurance in a statement released on Thursday and pointed out that the recent leadership change in the bank did not affect…
