US unveils new round of sanctions against Russia
The United States Treasury, on Wednesday, announced a new round of sanctions against Russia, singling out individuals and entities involved in attempts to evade previous sanctions imposed by the U.S. and its allies. “Today, the U.S. is targeting Russian financial and operational support networks that attempt to evade international sanctions,’’
Nigerian Newspapers: 10 things you need to know this Thursday morning
Good morning! Here is today’s summary from Nigerian Newspapers. Inspector-General of Police, Usman Baba has assured the public that the security agency was making progress in the probe of famous gospel musician, Osinachi Nwachukwu’s death. At a meeting with Minister of Women Affairs, Pauline Tallen at his office in Abuja
Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM & more
Netflix — Shares of the streaming giant sank 35% after Netflix reported a loss of 200,000 subscribers in the most recent quarter. Netflix cited increasing competition, password sharing and the situation in Ukraine among the reasons for the dip. The news led to a wave of downgrades from major Wall
Death toll in South Africa floods rises to 443, with thousands left homeless
PRETORIA, South Africa — The South African National Defense Force has been called up to assist in the clean-up operations on the country’s flood-ravaged east coast. At least 443 people have died and 63 others are missing after the deadliest storm on record rained down on the city of Durban
Gunmen kidnap popular pastor in Akwa Ibom, demand N100m ransom
Suspected kidnappers have abducted a popular radio and television evangelist, Apostle John Okoriko, in Akwa Ibom State. Okoriko, the founder of Solid Rock Kingdom Church (SRKC) at Ibekwe Akpan Nya community in Mkpat Enin Local Government Area of the state, was kidnapped on Tuesday evening, April 19.
Robbery suspect arrested while on his way to an operation in Ogun (photos)
An armed robbery suspect, Waheed Ijiyemi, was on Tuesday, April 19th, arrested by men of Ogun state police command while on his way to carry out a robbery operation. The suspect was arrested while the DPO Onipanu Division, CSP Bamidele Job, was on routine patrol with his men and
CAN demands Sterling Bank CEO’s sacking over Easter advert
The Christian Association of Nigeria has demanded the sacking of the Chief Executive Officer of Sterling Bank, Abubakar Suleiman, over a controversial Easter advert. In a statement signed on Wednesday by the National Publicity Secretary, Joseph Daramola, CAN stated that the advert was “wicked and insensisitve” towards Christians. Sterling Bank
APC fixes N100 million for presidential nomination form, Governorship N50 milliion
The All Progressives Congress (APC) has fixed N100 million as the price for its expression of Interest and Nomination Forms for the 2023 presidential election. The decision was taken during the recent emergency National Executive Committee (NEC) meeting in Abuja today April 20. The party pegged the price
Nigerian stocks close in on 14-year peak on stronger appetite for bank shares
Nigerian stocks edged up by 0.07 per cent on Monday, touching a pinnacle last seen on September 15, 2008 as investors’ cash piled into financial services stocks more than other sectors even though the size of trade was five per cent smaller than Friday’s. Unilever, United Capital and Access Holdings
Wema Bank lost N119.1m from 1,195 fraud, forgery cases in 2021
In the financial year ended December 31, 2021, Wema Bank Plc recorded 1,195 cases of fraud and forgeries valued at N263.853million, according to the bank’s financial statement at the Nigerian Exchange Limited (NGX). The bank said on page 56 of its annual report that 3percent of the fraud/forgeries perpetrators were