Following the success of the maiden edition, Nigeria’s leading financial institution, Zenith Bank Plc is set to ignite Lagos with the second edition of its highly anticipated Lifestyle Fair, “Style by Zenith 2.0”, which holds from Friday, November 29 to Sunday, December 1, 2019.
First launched in 2018, the “Style by Zenith 2.0” initiative, which was created with the objective of supporting and creating value for customers by focusing on various aspects of their lifestyle, will hold at the Eko Energy City, Eko Atlantic, Victoria Island, Lagos.
This year, “Style by Zenith 2.0” takes things up a notch with the theme, “Style the Life you Desire”, aimed at encouraging Nigerians to live their best lives and be extraordinary.
“Style by Zenith 2.0” caps a year of all-encompassing customer lifestyle engagements by Zenith Bank through events such as the Aspire Music Festival, a musical concert for millennials held in Lagos in September and the Aba SME Fair organised for SMEs in the Aba Fashion Market, Abia State last month. This is in addition to the Light-Up Ceremony of the yuletide decorations on Ajose Adeogun Street, Victoria Island coming up by the second week of this month.
The three-day fair has an interesting line up of activities including runway modelling by leading Nigerian and international models accessorized by top designers, modelling masterclasses, exhibition of lifestyle, beauty, health & fitness products, food and drinks, games arcade for both children and adults as well as musical concert featuring Nigeria’s biggest artistes.
Fashion One, the leading global fashion and lifestyle channel will once again be working with Zenith Bank on the “Style by Zenith 2.0” initiative.
Attendance at the fair is free for everyone. However, the music concert is exclusively reserved for Zenith Bank customers, although non-Zenith customers can still attend the concerts by simply opening a Zenith Bank account and registering to attend at www.zenithbank.com/style.
Zenith Bank Plc is recognized as one of the most innovative financial institutions in Nigeria and was voted the most customer-focused bank in Nigeria for the Retail and SME segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey (BICSS).
The Inspector-General of Police (IGP), Mr Mohammed Adamu, on Friday, said that 69,282 personnel would be deployed to provide security during November 16 governorship election in Kogi and Bayelsa.
Adamu made the announcement at the Inter Agency Consultative Committee on Election Security (ICCES) meeting organised by Independent National Electoral Commission (INEC) in Abuja.
“The police as the lead agency for internal security is ready for the election in Bayelsa and Kogi.
“We are aware of the security challenges in the two states and we have made adequate provisions in terms of personnel and logistics to tackle any security challenge we might face.
“In Bayelsa, we are deploying 31,041 personnel to cover the election; in Kogi, we are deploying 35,200 personnel.
“These personnel are to cover every terrain in both states, no tout will be allowed in to disrupt election, all those areas will be manned,” he said.
Adamu said that the security of INEC officials and materials are guaranteed and the states’ INEC offices will be protected.
The police boss said that ward collection centres and polling units would be adequately protected as well as the Central Bank of Nigeria (CBN) offices where the materials will be kept.
INEC Chairman, Prof. Mahmood Yakubu, said that the main issue of discussion was the review of security situation and security arrangement for the election holding at the same time.
Yakubu said that the commission had met a couple of times with the leadership of the Nigeria Police Force, being the lead agency in election security.
According to him, in these meetings, we reviewed the security situation in Bayelsa and Kogi and how best to secure the environment to enable the commission conduct free and fair election.
“Doing so means providing security that will guarantee safety of voters; protection of INEC officials, unimpeded movement, including access to polling units and collation centres for election officials.
“These include protection of accredited polling agents, observers and the media; effectively and dispassionately dealing with disruptive behaviour by political actors and persons acting on their behalf.
“Enforcement of the restriction of movement in both states on election day and the prompt arrest and prosecution of offenders,” he said.
The INEC chairman said that there were already warning signals in the two states as both states were politically volatile.
Yakubu said risk assessment had identified some flash points which would be shared with security agencies at the meeting.
He expressed concerned that thugs had been mobilised from within and outside the states with the aim of either influencing the election or disrupting the process on behalf of partisan sponsors.
“This calls for a robust response before the election, on election day and during the process of collation and declaration of results.
“Nigerians expect that by now we have learnt enough lessons from previous elections to ensure swift security response to the increasing desperation by political actors to disrupt elections and subvert the will of the electorate.
“If that happens, many Nigerians will blame the electoral umpire and security agencies. We must continue to rise to this challenge.
“On our part, INEC is committed to the integrity of the process,” he said.
Senate Committee on Trade and Investment on Thursday summoned the Minister of Trade and Investment, Mr. Niyi Adebayo and the Acting Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Terhembe Nongo.
The summon followed the alleged diversion of over N15 billion to a private company in the ministry’s 2017 budget.
Presenting the report of the committee to the Senate committee on Appropriations, the Chairman Senate on Trade and Investment, Senator Rose Oko, explained that the Ministry and agency could not justify the transaction.
It would be recalled that when the permanent secretary of the ministry appeared for budget defence, he maintained that the ministry was not part of the questionable deal.
The agency on the other hand said the money was allocated to NEPZA but the company was not existing in 2017, Oko stated.
She had directed NEPZA to provide details of what happened.
The Chairman explained that money was released in 2017 to the company even when it was not yet registered in the Corporate Affairs Commission (CAC).
Oko informed that the report from the office of the Attorney General of the Federation, Abubakar Malami detailing the shareholding structure did not disclose the identity of the shareholders.
“The company was registered in 2018; meanwhile the money was already allocated in 2017, which is domiciled in CBN. More so, N15billion was released two days ago to the same company”, she said.
Reacting to this, the Chairman of the Appropriation Committee, Senator Barau Jibrin, said he will invite the Minister, the ministry’s permanent secretary and Managing Director of NEPZA.
They are to appear before the Appropriations committee on Monday to clarify the issue.
It could be recalled that the 8th Senate also looked into similar issue, directing the acting Managing Director of NEPZA to refund the federal government.
and moments from Thursday, 7 th November till the 7 th of December. This will be made available 12 hours daily from 11am to the MAX and Plus subscribers on GOtv channel 29. Get ready to laugh yourself into stitches!
Watch out for the premiere of two Tyler Perry’s shows set to air this Thursday, every Thursday on BET (GOtv channel 21). The Oval, which centers around the new first family moving into the White House, showing at 9:30pm and Sistas, which revolves around a group of single black ladies as they navigate their complicated love lives, careers and friendships through the ups and downs of living in a modern world, watch out for the show at 8:30pm. Upgrade to GOtv MAX now! MyGOtv App is available for download for iOS and Android users at no cost, you do not want to miss out on this.
Support your fellow Nigerians playing this Friday, 1 st November in the FIFA U/17 World Cup: Australia vs Nigeria at 9pm on Select 2 (GOtv channel 32). Join the LaLiga Santander: Real Madrid vs Real Betis on Saturday, 2 nd November at 9pm on Select 4 (GOtv channel 34) and Italian Serie A: AC Milan vs Lazio at 8:45pm on Sunday, 3 rd November on Select 5 (GOtv channel 36). For more information on the unmatched football on GOtv and the upcoming fixtures, visit www.supersport.com .
The kids can enjoy their Saturday with Doc McStuffins, showing on Disney Junior (GOtv channel 60). Dottie ‘Doc’ McStuffins is a nurturing 6-year-old girl who cares for stuffed animals and toys in her playhouse clinic. When she puts on her stethoscope, something magical happens, toys, dolls and stuffed animals come to life and she can communicate with them! To follow this amazing adventure, tune in on Saturday, 2 nd November at 5pm.
she decides, tune in! Drama? Suspense? Betrayal? Kindred Hearts is for you! On this episode Arjun, Jia and Akash capture Rano and threaten to reveal the secret she has been hiding. They are almost successful in doing so when Ambika finds them and foils their efforts. This soap is showing on Zee World (GOtv channel 25) Sunday, 3 rd November at 6pm.
If you are fascinated by the other side, then Ghost Lab S2 is for you! A new episode ‘The innocent’ airs on Monday, 4 th November at 10:45pm on Real Time (GOtv channel 12). The Klinge brothers detect paranormal activity in the basement of a notorious, abandoned Civil War era orphanage. Can they expel the spirit of an abusive matron?
the universe, new mysteries continue to unfold. How are supermassive black holes formed? Where do mysterious skyscraper-sized asteroids come from, what is the hidden history of the moon? With expert analysis the series follows exciting scientific missions up close as they reveal the structure, origins and destiny of the universe.
Justice Folashade Ogunbanjo Giwa of the Federal High Court, Abuja, on Thursday, October 31, 2019, granted three separate interim forfeiture applications by the Economic and Financial Crimes Commission, EFCC, involving monies and properties.
The first involved the sum of $899,600 ( Eight Hundred Ninety-nine Thousand, Six Hundred Dollars), belonging to one Abdallah Suleiman, which was forfeited to the federal government.
The money was established to be proceeds of fraudulent activities by the EFCC.
The ex parte application for the forfeiture was moved by counsel representing the EFCC, Ekele Iheanacho, who asserted that the Commission received intelligence bordering on money laundering regarding illicit funds stashed in an apartment, located in Wuse, Abuja. He said that based on the intelligence, the house was searched and a safe was found that contained the money.
He told the court that investigations revealed that the apartment was secured by a former secretary to the Bauchi State Government, Ibrahim Ahmed Dandija to store his valuables but that all efforts to get him have been futile as he has refused to honour the invitation to explain his connection to the money.
Iheanacho further revealed that one Abdallah Suleiman later came forth to claim the money, stating that he engages in chartering of aircrafts through his company Montes Auri Ltd and that the money was received on behalf of a company. However, according to the EFCC counsel, investigations in the Federal Airport Authority of Nigeria,FAAN, by the Commission failed to establish Suleiman’s claim.
Justice Giwa granted the prayer sought by the EFCC and directed that the order be published in a national newspaper for persons with interest in the funds sought to be forfeited to appear before the court to show cause why the final order of the forfeiture of the funds should not be made in favour of the Federal government of Nigeria on December 4, 2019.
Similarly, the court also ordered the interim forfeiture of N150 million (One Hundred and Fifty Million Naira), belonging to Nicholas Mutu Ebomo, who was the chairman, House of Representatives Committee on Niger Deleta Development Commission, NDDC.
While moving the application for the forfeiture order, Iheanacho stated that the money was recovered by the EFCC in the course of investigating contracts awarded by the NDDC.
He affirmed that NDDC engaged the services of Starline Consultancy Services to recover funds owed it by oil and gas companies and that Starline sought the assistance of the House Committee on NDDC in the recovering of the funds. The oil companies eventually paid the debts to Starline, with a total sum of N10 billion being realised.
According to the prosecutor, investigation further revealed that Hon Ebomo received bribe and kickbacks to the tune of over N400 million (Four Hundred Million Naira) as appreciation for his role in using the office of House Chairman on NDDC to facilitate the recovering of the monies.
Iheanacho said the money the Commission is seeking its forfeiture to the federal government is the N150 million refunded by Hon Ebomo in favour of the EFCC Recovery Fund Account.
Justice Giwa granted the prayer and directed that the order be published in a national newspaper for persons with interest in the fund to show cause, why the final order of the forfeiture of the funds should not be made in favour of the Federal government.
In the same vein, the judge also ordered the interim forfeiture of a plaza and block of flats, belonging to one Goddy Nnadi, General Manager, Corporate Services, Petroleum Equalisation Fund Management Board.
Justice Giwa gave the order following an ex-parte application filed by the EFCC through its counsel, Ekele Iheanacho.
The plaza, a two storey building is located at Plot C46 5221 Road, Block XXIIC Gwarimpa II Estate, Abuja , while the set of four detached bungalows are located at Plot No 77, 525 Road , A Close, Kubwa Estate, Phase IV Abuja.
Iheanacho told the court that the properties are suspected to be proceeds of unlawful activities.
In his affidavit, Iheanacho stated that Nnadi received kickbacks from petroleum products dealers and contractors and thereafter acquired the properties to launder the funds received. He further told the court that Nnadi has now voluntarily pledged to forfeit the properties to the federal government and therefore urged the court to grant the application against the properties.
Justice Giwa granted the prayers being sought with the previous conditions attached
Viewers on DStv and GOtv can look forward to a European treat on the midweek of 5-6 November 2019 as the fourth Matchday of the UEFA Champions League group stage is held, featuring 16 matches across the continent.
The UEFA Champions League action begins on Tuesday 5 November, with the top match coming from the Westfalenstadion as Borussia Dortmund host Internazionale. The Italian side claimed a 2-0 home win in the reverse fixture in October, leaving BVB in need of a strong performance to keep themselves in contention for a place in the last 16.
Tuesday also features European kings Liverpool at home to Genk, Barcelona looking to take a major stride toward the next round with a win at home to Salvia Prague, and Chelsea will look to continue their excellent recent form when they welcome Ajax to Stamford Bridge. The Blues claimed an impressive victory in Amsterdam last time out and will be confident of completing a group ‘double’ over last season’s semifinalists.
Wednesday in the UEFA Champions League is headlined by Atalanta at home to Manchester City. Le Dea have struggled to replicate their excellent domestic form on the continental stage and suffered a 5-1 mauling at the hands of the Citizens in the reverse game in October, leaving them in desperate need of a three-point haul to have any chance of continuing in Europe this term.
Other matches for SuperSport viewers to watch out for on Wednesday include Juventus away to Lokomotiv Moscow, Real Madrid at home to Turkish giants Galatasaray and Bayer Leverkusen with a must-win match at home to Diego Simeone’s Atletico Madrid. In addition, Tottenham Hotspur’s hopes of continuing in the UEFA Champions League will hinge on getting a result in their tough trip to Belgrade to face Crvena Zvezda (Red Star).
Don’t miss the 2019/2020 football season on DStv and GOtv. Visit www.dstv.com and www.gotvafrica.com to subscribe or upgrade, and join in on the excitement. And while you’re on the move, you can stream matches on DStv Now.
UEFA Champions League fixtures, 5-6 November
Tuesday 5 November
6:55pm: Zenit v RB Leipzig – LIVE on SuperSport 6
6:55pm: Barcelona v Slavia Prague – LIVE on SuperSport 5
9:00pm: Liverpool v Genk – LIVE on SuperSport 3
9:00pm: Napoli v Salzburg – LIVE on SuperSport 12
9:00pm: Olympique Lyon v Benfica – LIVE on SuperSport 11
9:00pm: Borussia Dortmund v Internazionale – LIVE on SuperSport 8 & Select 4
9:00pm: Chelsea v Ajax – LIVE on SuperSport 5
9:00pm: Valencia v Lille – LIVE on SuperSport 6
Wednesday 6 November
6:55pm: Bayern Munich v Olympiakos – LIVE on SuperSport 6
6:55pm: Lokomotiv Moscow v Juventus – LIVE on SuperSport 5
9:00pm: Paris Saint-Germain v Club Brugge – LIVE on SuperSport 8 & Select 4
9:00pm: Real Madrid v Galatasaray – LIVE on SuperSport 6
9:00pm: Crvena Zvezda v Tottenham Hotspur – LIVE on SuperSport 3
9:00pm: Dinamo Zagreb v Shakhtar Donetsk – LIVE on SuperSport 12
9:00pm: Atalanta v Manchester City – LIVE on SuperSport 5
9:00pm: Bayer Leverkusen v Atletico Madrid – LIVE on SuperSport 11
First Bank of Nigeria Limited has expressed its commitment to driving financial inclusion across Nigeria. With currently over 37,000 Firstmonie Agents, present in 99% of the 774 Local Government Areas in Nigeria, the Bank is the leading financial institution at promoting financial inclusion in the country to all Nigerians, regardless of where they are.
Speaking during the Firstmonie Agent Banking national award ceremony, recently held in Lagos, the Chief Executive Officer, FirstBank, Dr. Adesola Adeduntan, said the Firstmonie agent network is a bespoke channel through which the Bank expresses its unalloyed commitment and passion to promote opportunities and access to financial services by every Nigerian, especially within the low-income segment. The Firstmonie Agent Banking awards had the Bank – FirstBank – reward 37 leading Agents that have promoted financial inclusion in the country. The sum of N250,000 was won at the State level by 31 Agents; N1,000,000.00 at the Regional level by 5 Agents with the grand prize being the sum of N2,500,000.00 at the National Level.
Adeduntan explained that with the initiative, the gap between the tech savvy and the low literacy clients has been breached as Firstmonie agent network represents the convenient and comfortable alternative for customers, that are unacquainted with sophisticated digital channels.
In his remarks, the Deputy Managing Director, First Bank of Nigeria Limited, Mr. Francis Shobo, noted that the agents are the most critical part of the banking ecosystem because they take deposits, make payments and open accounts, provide transfers and sell airtime at locations with little or no access to financial services.
Shobo lauded the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele for the role the apex bank has played, stating that the CBN has made a lot of changes in regulation around agency banking, “they have allowed the programme to scale as much as it has scaled.”
In chat with newsmen after receiving the cash prize at the event, the N2.5 million grand prize winner at the national level from Abuja (North Central), Zayyanu Hassan Ishaq, expressed his amazement at his prize, one he noted he finds very encouraging and a miracle from God.
“I want to thank FirstBank for this gesture. It took me by surprise, because I never expected it from them. This is a miracle. “FirstBank is truly different. This will spur me to work harder and ensure more people have access to the top-class financial services offered by FirstBank,” joy-filled Ishaq concluded.
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), on Thursday said it has contacted international auctioneers to sell the $40 million (about N14.4 billion) jewellery and luxury houses recovered from former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, .
The anti-graft Acting Chairman, Ibrahim Magu, spoke at the commission’s Lagos Office during an EFCC stakeholders’ conference on crusade against cybercrime fraudsters.
Magu, noted that the presence of ‘internationally certified’ auctioneers would make the process transparent.
Besides the jewellery and the luxury houses, Magu said that 242 trailers and tankers recovered from internet scammers will also be auctioned off. The vehicles are in Port Harcourt, Rivers State capital.
The acting chairman took reporters on a tour of the two EFCC facilities in Ikoyi where nearly 100 other vehicles recovered from scammers, including buses and luxury cars, lay idle.
Magu suggested that the current auctioning process often results in forfeited items being sold at ridiculously low prices.
He said this was unacceptable because many of the items were in good condition and should have fetched higher prices for victims of the scams.
On September 10, a Federal High Court in Lagos permanently forfeited Mrs. Alison-Madueke’s jewellery to the Federal Government.
The jewellery, categorized into 33 sets, include “419 expensive bangles; 315 expensive rings; 304 expensive earrings; 267 expensive necklaces; 189 expensive wristwatches and 174 expensive necklaces and earrings.”
The rest are: 78 expensive bracelets, 77 expensive brooches and 74 expensive pendants.
The ex-minister, who is suspected of involvement in a $2.4 billion fraud, has also lost many luxury properties to the government via court judgments.
Magu said: “We want to make sure that there’s transparency in the process. Like what we’re doing now in Port Harcourt. There are about 242 trailers and tankers that we are about auctioning. In fact, in the next two weeks, we will auction them. We will advertise, you will see it very clearly.”
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), snubbed a question on the petition against Bola Tinubu over alleged cash-laden bullion vans linked to him.
Tinubu is the national leader of the All Progressives Congress (APC).
In February, viral pictures on social media showed two bullion vans being driven into Tinubu’s Bourdillon residence in Lagos on the eve of the presidential election.
The APC leader said the money in the vans was his and not ballot papers or money for vote-buying as alleged by some Nigerians.
“Excuse me, is it my money or government money? So, even if I have money to spend in my premises, what is your headache?” he said.
“Excuse me, if I don’t represent any agency of government and I have money to spend, if I have money, if I like, I give it to the people free of charge. As long as not to buy votes.”
On October 5, Deji Adeyanju, an activist, petitioned the EFCC, asking the agency to probe the matter.
“We know they won’t take any action but we will submit the petition,” Adeyanju said in a Facebook post.
Speaking with journalists on Friday at the EFCC headquarters in Abuja, Magu avoided questions regarding the petition.
“You want me to talk about a petition here? Next question, please,” he said.
Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA) and Heirs Holdings, Tony Elumelu, has opened the “Ambition Africa” conference organised by the France Invest Africa Club in Paris, France.
As Elumelu delivered the opening address, he urged French investors to look to Africa for long term investment opportunities.
The French Minister of Economy and Finance, Bruno Le Maire, as he introduced Tony Elumelu to the audience, stated that France could position itself and direct investment towards Africa to end the cycle of poverty and to accelerate development globally.
He commended Elumelu’s stance on strengthening the SMEs in Africa to catalyse development. “We share the same ambition in Supporting African SMEs and entrepreneurs as this is essential for the economic development of Africa,” he said, referring to Elumelu’s passion to create wealth on the African continent.
Reiterating the stance to partner with Africa on long-term investments, Le Maire said “We will ensure that investments in Africa are sustainable, exemplary and environmentally friendly. We want to go fast, go quickly in the race against poverty and renunciation, throughout the continent”.
Elumelu on his part stated “We need to do much better and be much smarter in channelling funds to emerging markets. These markets present huge opportunities – as well as risks for investors, but investors need to fulfil a critical need to catalyse and improve the economy. We salute companies like Total, Bouygues, Accor, Orange, and Bolloré as well as others who have accepted this challenge, but there is room for many more” he said.
Elumelu stressed the importance of private equity inflow into Africa, with a focus on investing in small and medium scale businesses, the lifeblood of the African economy. He stated that Africa has the youngest workforce in the world, with over 60% of its population below the age of 25. This he said was a potential demographic doom that could be turned around to become the continent’s greatest asset if the youths have jobs and economic opportunities.
According to him: “Africans do not need aid. Rather, our young people need investments’.
“Private equity is a force for positive development in Africa. We have a large youth population, who are eager and innovative. They are looking at solutions to problems in their communities but are hampered by the access to capital and investment, mentoring and training. When done right, this kind of investment can bring not just capital but can also strengthen job creation, corporate governance and help improve sustainable business practices”.
He cited the impact and growth rate of the beneficiaries of the Tony Elumelu Foundation as evidence of the potential of SMEs in Africa today. His Foundation has endowed $100 million dollars of his family wealth, to fund over 10000 African entrepreneurs in ten years.
Elumelu commended The French President, Emmanuel Macron’s initiatives for strengthening the relationship between France and Africa and concluded by inviting investors to consider investing in Africa for the long term.
“The key phrase here is long term investment – no one should come to Africa for short term gain. The time is now to invest in Africa. Private equity has to be part of it. We need it for all,” he concluded.