On Air Now:
Now Playing:Loading...
site loader
November 27, 2020 NIGERIA RANKED WORLD 3RD MOST TERRORISED COUNTRY

NIGERIA RANKED WORLD 3RD MOST TERRORISED COUNTRY

Nigeria has been ranked as the third most terrorized country in the world by the Global Terrorism Index report.

The GTI in her latest report says that death attributed to Boko Haram in Nigeria increased by 25 percent from 2018 to 2019.

The report also added that: in 2019, Boko Haram carried out 11 suicide bombings causing 68 fatalities, accounting for 6% of all terror-related incidents by the group in 2019.

This year’s report ranked Nigeria for the sixth consecutive time since 2015 as the third country with the worst impact from terrorism, globally.

Afghanistan is top on the list, followed by Iraq. Syria, Somalia and Yemen are ranked fourth, fifth and sixth respectively.

GTI said despite the rise in the number of casualties from Boko Haram attacks in the North-East, Nigeria was the second to record a fall in violent deaths after Afghanistan in 2019.The report indicates that Nigeria remains the most terrorised country in Africa with huge economic and financial loss. 

November 27, 2020 SunTrust Bank appoints Shittu as Chairman Board of Director

SunTrust Bank appoints Shittu as Chairman Board of Director

The Board of Directors of SunTrust Bank Nigeria Limited, at its meeting held on Thursday 26th November 2020, elected Mr. Olanrewaju Shittu as Chairman of the Board of Directors to replace Mr. JIbril Aku.

The board has also approved the appointment of Mr. Mohammed Datti Yola as a Non-Executive Director, Subject to the approval of the CBN.

Mr. Shittu was a Director at Central Bank of Nigeria. He retired in 2018 and is a holder of MBA degree, Fellow (FCA) Institute of Chartered Accountants of Nigeria (ICAN), Associate (ACA) Institute of Chartered Accountants of Nigeria (ICAN) and an Associate (ACTI) Chartered Institute of Taxation, Nigeria.

Mr. Datti is also a retired General Manager at the National Pension Commission (PenCom). He earlier worked at Central Bank of Nigeria where he rose to the rank of a Senior Bank Examiner before joining other commercial banks. He is a holder of MBA degree and a Fellow (FCA) Institute of Chartered Accountants of Nigeria (ICAN), Associate (ACA) Institute of Chartered Accountants of Nigeria (ICAN).

The Bank expresses it gratitude for having such gentlemen as members of its Board of Directors and assured its stakeholders that their wealth of experience will be brought to bear in the success of the bank.

GTBank hits N1trn market cap

GT bank surpasses N1 trillion during the week, as their Investors gained N1.93 trillion from January to date.

The banking giant, which just received approval from the Central Bank to operate as a financial holding company boasted of 1.5% revenue growth as of June 2020 despite the COVID-19 induced lockdown in the country for most parts of the second quarter.

GT Bank however, recorded a 4.9% decline in profit of N94.3 billion as against N99.1 billion in 2019 half-year. This reflected in the earnings per share as it declined by 5.1% to stand at N3.31. It should be noted that as at the time of writing this article, GT Bank is yet to release its third quarter financial report.

In essence, as these Stock keeps appreciating in value, it shows a sign of the confidence Investors have in them as buying pressure was seen across major listed stocks. This is likely to continue in the short-term as many Investors will look to take their share of the market gain before the end of the year.

Great performance for Dangote Cement and MTN Nigeria as they each hit the N3 trillion market capitalisation mark. For the banking sector, GT bank cro sses 1trillion naira market cap on the stock exchange with Zenith bank taking second place surpassing Access bank.

November 26, 2020 Gowon has denied looting ‘half of CBN’ as military leader

Gowon has denied looting ‘half of CBN’ as military leader

Yakubu Gowon, the former Military Head of State has rebuffed claim of stealing half of Central Bank of Nigeria.

Prior to this, the UK parliament debated a petition seeking to impose sanctions on Nigerian Government officials involved in the shooting incident that occurred during the Endsars protest in Lekki on October 20.

During the debate, the Conservative MP Tom Tugendhat, a member of the parliament, urged his government to place sanctions on Nigerians who flee to the UK with ill-gotten wealth. He also spoke about Nigeria’s former military ruler, Yakubu Gowon’s alleged looting of the Central Bank of Nigeria.

He said;“What we are seeing in Nigeria today is part of that story. It is a tragedy we are all witnessing because we see things falling apart.

“The problem this time is not foreign pressure known as colonialism. The pressure instead is corruption and violence and attempts at control (of power).

“We need to call out the corruption, we need to use the powers that we have in this country to stop those who are profiting from the wealth of that great nation and hiding it here.

“Now some people will remember when general Gowon left Nigeria, he took half of the Central Bank, so it is said, and moved to London.

“We know today, even now in this great city of ours, there are sadly some people who have taken the wealth of Nigerian people and hidden their ill-gotten gains here.

“We know that our banks sadly have been used for that profit or that illegal transfer of asset and that means that the UK is in a unique position in being able to actually do something to really exert pressure on those who have robbed Nigerians.”

In an interview with BBC, Gowon described Tugendhat’s comment as a mere ridicule that was cooked up.

“I don’t want to talk over the matter since those who know me very well say that the MP’s statement is nothing but a mere fallacy,” he said.

The 86-year-old retired general says he served Nigeria diligently.

Watch Live

x
PHP Code Snippets Powered By : XYZScripts.com
X