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Celebrity Bout: Portable Rejects Okocha’s Rematch

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Controversial Nigerian street-pop artist, Habeeb Badmus, popularly known as  Portable, has rejected Nollywood actor, Charles Okocha’s call for a rematch refusing to hand over the belt. Recall that Okocha was defeated by Portable in a Heritage Boxing Entertainment celebrity bout on Tuesday night at Landmark Beach, Oniru, near Victoria Island, Lagos. Portable was declared the winner in a four-round boxing contest on boxing day. Reacting to his defeat, Okocha described boxing bout as rigged, saying that Portable removed his boxing gloves in the third round, an action that should have led to immediate disqualification. The two were engaged in an online feud over an alleged N40m rip-off. Portable claimed that Okocha cheated him out of the money and only sent him a small amount. Both celebrities have been at loggerheads threatening to beat eachother in videos that surfaced online before the boxing bout was organized on boxing day.

Ogun Gov Signs N703.02bn 2024 Budget Into Law

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Ogun State Governor, Dapo Abiodun of Ogun, on Friday, signed the 2024 appropriation bill of N703.02 billion into law. The governor while assenting to the bill said the budget would further enhance the development of the state and make it Nigeria’s infrastructure capital. The governor spoke in his office in Abeokuta after signing the bill which was presented to him by Mr Olakunle Oluomo, the Speaker of the Ogun House of Assembly. The budget tagged “Budget of Sustained Growth and Development,” was presented to the House on Nov. 30, by the governor. According to the governor, the state had continued to grow in leaps and bounds in the last five years, noting that the budget was a testament to his administration’s commitment to irrevocable implementation of its vision. “When we assumed office on May 29, 2019, we were committed to a vision to ensure that we create an enabling environment for investments and investors to thrive in Ogun State. “We believe that it is very fundamental to the eco...

PICTURES: Gov. Sanwo-Olu Pays Condolence Visit To Late Rotimi Akeredolu’s Family At Their Ibadan Residence On Friday, 29 December 2023

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Governor of Lagos State, Mr. Babajide Sanwo-Olu signing the condolence register of Ex-governor of Ondo State, Arakunrin Rotimi Akeredolu, SAN, during his visit to the family at their Ibadan residence, on Friday, 29 December 2023   Governor of Lagos State, Mr. Babajide Sanwo-Olu (left) condoling with widow of Ex-governor of Ondo State, Arakunrin Rotimi Akeredolu (SAN), Mrs. Betty Anyanwu-Akeredolu during his visit to the family at their Ibadan residence, on Friday, 29 December 2023   Governor of Lagos State, Mr. Babajide Sanwo-Olu (second left) commiserating with the family of Ex-governor of Ondo State, Arakunrin Rotimi Akeredolu (SAN) during his visit to the family at their Ibadan residence, on Friday, 29 December 2023

Union Bank Reports 461% Growth In PBT In Q3, 2023

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Union Bank Plc has announced a significant financial performance for the third quarter ending September 30, 2023. The bank reported a profit before tax (PBT) of N102.3 billion, reflecting an impressive growth of 461.1 percent compared to the PBT of N18.2 billion in the corresponding period of 2022. This notable achievement is attributed to a surge in gross earnings, which reached N309.1 billion, marking a 120 percent increase from N140.6 billion in 2022. The financial highlights further showed a substantial rise in non-interest income, soaring to N144 billion from N28.3 billion in the same period of 2022, denoting an exceptional growth of 409 percent. Net operating income after impairments also experienced a remarkable upswing by 121 percent, reaching ₦168.7 billion, compared to N76.3 billion in 2022. Operating expenses increased by 14.2 percent to ₦66.4 billion, attributable to factors such as the inflationary environment, elevated power costs, and non-discretionary regulatory expense...

Fidelity Scores Big In KPMG Customer Experience Survey

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In what has been termed the crowning glory of a successful year, leading financial institution -Fidelity Bank Plc -has been recognized for its devotion to providing exceptional customer experience.   According to the recently issued KPMG 2023 West Africa Banking Industry Customer Experience Survey, the bank recorded a marked improvement in its service delivery to customers from 2022 figures; moving from 13th to 5th position in Retail, 13th to 5th position in SME and 10th to 5th position in Corporate customer segment rankings.   An excerpt from the foreword in the report reads, “In Nigeria, the cash crunch that characterised the banking landscape and wider economy triggered significant downtimes and deterioration of banking service levels. At the time, there were concerns about the potential long-term impact on trust in the industry and the implications for financial inclusion. However, our research does not suggest that this concern has not materialised to date. Instead, we ob...

Police Rescue Pregnant Woman From Kidnappers’ Den In Ogun

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Ogun State Police Command says it has rescued a pregnant woman (name withheld), who was abducted at a community in Ijebu-Igbo, Ijebu-North Local Government Area of the state. Men of the Police Command, alongside operatives of the Amotekun Corps, rescued the woman at about 11:05 pm on Monday, Christmas Day. The Ogun State Police Public Relations Officer, Omolola Odutola, confirmed the development on Friday. The Police spokesperson explained that some unknown gunmen had ambushed a couple in front of their house, kidnapping the pregnant wife and leaving the husband behind. Odutola said, “The Divisional Police Officer in Ijebu-Igbo received a distress call about a suspected kidnapping incident. “A team of policemen was dispatched to the scene, when they got to the scene, they saw the husband, but the wife had been kidnapped.” Odutola quoted the husband as saying that, “while they were entering their house, six armed men from nowhere suddenly came out from the bush in front of their house a...

Ogun Assembly Passes N703bn Budget For 2024

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Ogun State House of Assembly has passed the 2024 Appropriation Bill of N703 billion after reviewing the proposed spending by 18 ministries, departments, and agencies of government. The bill, tagged No 011/OG/2023, was presented to the assembly by the state governor, Dapo Abiodun, barely four weeks ago. The governor presented a total of N703,028,013,431.64 as the 2024 Appropriation Bill to the state legislature, consisting of N415.656 billion for capital expenditure and N287.37 billion for recurrent expenditure. After government agencies and departments appeared before the legislature’s House Committee on Finance and Appropriation, led by Musefiu Lamidi, the committee insisted that the proposed spending of 18 ministries, departments, and agencies be reviewed. According to the committee’s report, the first schedule saw an upward review of the recurrent expenditures in the budget proposals of the state ministries of Industry, Trade, and Investments; Agriculture, Forestry, and Transportati...