October 21, 2022

[GIST] Lagos lottery company arraigned for refusing N72m win

[GIST] Lagos lottery company arraigned for refusing N72m win

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

A lottery brand, Green Lotto, and its agent, Charles Akhenanen, have been dragged before the Lagos State High Court sitting at the Tafawa Balewa Square over its refusal to pay a businessman his winning sum of N72,700,000. Green Lotto is organised by a company, Brentwood Multiservices Global Limited based in Ikorodu, Lagos. The complainant, who


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[GIST] #EndSARS: Youths demand justice, police tear-gas protesters

[GIST] #EndSARS: Youths demand justice, police tear-gas protesters

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Nigerians, on Thursday, demanded justice for those who were killed during the #EndSARS protests on October 10, 2020. Some youths had accused security agents of shooting at peaceful protesters who gathered at the Lekki toll gate, Lagos State, to protest against police brutality. Remembering the victims two years after, students, activists, lawyers, celebrities and survivors


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[GIST] 13 die in Ogun, Lagos crashes

[GIST] 13 die in Ogun, Lagos crashes

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

No fewer than 13 people have lost their lives in two separate accidents in Ogun and Lagos states. Ten people were burnt to death around 2am on Thursday in a crash at Conoil Bus Stop along the Lagos-Ibadan Expressway. A commercial motorcyclist, Jimoh Abiola, said the crash involved a commercial bus, a tanker and a


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[GIST] Over 30 million will access digital certificates – WAEC

[GIST] Over 30 million will access digital certificates – WAEC

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The West African Examination Council, has said its digital certificate platform will enable over 30 million West African Senior Secondary School Certificate Examination holders to  share the original copies of their certificates from anywhere in the world. The Head, National office, WAEC, Mr Patrick Areghan, disclosed this in his address at the official launching of


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[GIST] CBN pays exporters N42bn for repatriating $1.3bn

[GIST] CBN pays exporters N42bn for repatriating $1.3bn

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria paid exporters N42bn for repatriating $1.28bn through its official window. The Managing Director/Chief Executive Officer, Citibank Nigeria, Ireti Samuel-Ogbu, during the Post Bankers’ Committee Meeting Press Briefing that was held on Thursday. According to the MD, the exporters through the CBN’s RT 200, repatriated $1.28bn for the quarter, out of


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[GIST] AMCON sells Polaris Bank N50bn to new investor

[GIST] AMCON sells Polaris Bank N50bn to new investor

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria and the Asset Management Company of Nigeria have formally announced the completion of a Share Purchase Agreement for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic Capital Investment Limited. The House of Representatives on Wednesday okayed the sale of Polaris Bank, noting that the


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[GIST] AfDB signs $50m credit agreement with FCMB

[GIST] AfDB signs $50m credit agreement with FCMB

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The African Development Bank has signed a $50m credit agreement with Nigeria’s First City Monument Bank to support access to finance for small and medium-sized enterprises, as well as Women-Empowered Businesses. A statement said FCMB would use the proceeds of the credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy


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