High Street

A Federal High Court, Lagos, today, convicted Ms. Ibukun Awosika, Dr. Adesola Adeduntan, the chairman and Managing director of First bank Plc, respectively, as well as the bank for their refusal to honour the payment of N122 billion bond guaranteed by the bank. The N122 billion bond, is in respect of the judgment debt against Shell Petroleum Development Company (SPDC), in an oil spill suit instituted by Ejama community in Ogoniland, Rivers State. The court presided over by Justice Ibrahim Buba, however suspended the serving of their conviction, for three months, to enable them to purge themselves of the contempt. The judge however stated that if by September 6, 2018, the convicts failed to purge themselves of the contempt proceedings, they shall immediately send to prison. In convicting First Bank, its chairman, and managing director, Justice Buba had dismissed all the applications filed by their Chief Wole Olanipekun (SAN), describing contempt proceedings as abuse of court...

Nigerian American Afro-rock music star popularly known as King Sam ‘Miracle’ Adewale has concluded plans to organize a one-in-town fabulous 40th birthday for his sweet heart and mother of his lovely children, Adeyinka Adewale Nee Adaramola. The grand party to show gratitude to God for her to be alive to witness 40 years of existence in this beautiful world in good health and abundance is packaged by the families of Samson and Adeyinka to honour their wife, sister-in-law, daughter and mother who is a pacesetter in making the families united. The talk of the town forthcoming birthday fete is billed to take place on Saturday, June 16, 2018 at the prestigious Star Banquet & Event Centre #2722 W, Irving BLVD, Irving Tx 75061 by 8p.m prompt. Information has it the Father and Mother of the day are Alhaji Adebayo and Mrs. Adenike Olalekan who are worthy to make the party remarkable. We also gathered that the chief organizer, King Sam Miracle Adewale has put things in place for...

Zenith Insurance recorded a gross premium written of N12.5 billion during its financial year ended De. 31, 2017. It represents a 12 per cent increase over the N11.116 billion recorded in 2016 The company’s financial statements, which were approved by the National Insurance Commission (NAICOM) on April 20, 2018, also Indicated that its net assets stood at N23 billion, one of the highest in the country's insurance industry. The company, one of the youngest in the industry, had a solvency ratio of 634 per cent in 2017, indicating that it could cover its minimum regulatory solvency requirement six times over. It's gross premium income was N12.806 billion, up from N11.187 billion in 2016, while its net premium income stood at N8.090 billion, up from the N7.446 billion in 2016.   Analysis of the company’s results in 2017 showed that the company's fees and commission income jumped by 37 per cent from N907 million in 2016 to N1.245 billion ...

Sola Oladeinde, the influential Osun state politician has finally made known his political ambition. The former commissioner wants to become a Senator via the 2019 election. And he has initiated steps towards this end. The Ijebu Jesa indigene with strong links to former governor Olagunsoye Oyinlola and ex-Deputy Governor Iyiola Omisore is said to be taking the step after a ‘’critical review of the political situation in Osun state’’. “His supporters have actually been on his neck to contest for some time but he refused until the political landscape revealed this is the proper time for him to make much-desired contribution to Osun state and Nigeria at large” a source stated. Checks by societynow.ng revealed that the much-loved politician would be actualizing his Senatorial Ambition on the platform of the Social Democratic Party. “He has transformed into one of the major pillars of the SDP since he moved from the PDP” a source disclosed. Oladehinde served as the Osun st...

Federal Lawmaker in the eye of the storm, Femi Gbajabiamila has revealed why he bought his wife, Salamatu a brand new G- Wagon as a birthday gift. The majority leader of the Federal House of Representatives who suffered great vilification for such a show of flamboyance in an economic era of dire needs defended his action in a statement released on Thursday – May 31, 2018. The subject of recent heaps of abuse claimed the presentation of the multimillion naira gift to his wife on her 50th birthday was meant to be a "family affair". He stated in the statement aimed at stopping the tide of unfavorable public opinion against him "I took the decision far back to present her with a significant gift, she was totally unaware of, to convey in part, the debt of my gratitude for her standing by me through thick and thin," he said. "I could never be half the man I am today without her support and unbelievable understanding." "Truly, the monetary value ...

Agunbiade Emmanuel Ayomide, the gospel singer known as MidePraise has announced his presence in the mainstream music circle with a big bang. He just released a mind lifting musical work labeled "Nu mije mi nu" (wipe my tears). This development comes on the heels of    earlier productions such as "praise medley", "Ojumo Ayo" (Day of Joy), "Bless Our Land", "Oku Ki emi leye" (He died for my salvation).   Nu Mije Minu is the latest effort of the gospel singer who has shared stage with popular musical evangelists such as Tope Alabi, Bola Are, Mama Doctor. A law student – after studying mass communication – Gospel Music chose Mide Praise. In a recent chat, the rising singer disclosed " Gospel music is what I grew up practicing". And he has never looked back amassing incredible skills and rendition along the years. With the vision to transform into a global brand with testimonies of chains loosen, broken hearts m...

The leading Osun State governorship aspirant on the platform of All Progressives Congress (APC), 'Kunle Rasheed Adegoke (K-Rad) has congratulated Nigerians home and abroad on the 19th anniversary of the country's return to civil rule. This was contained in a statement he issued and signed in Osogbo to commemorate this year's Democracy Day. It would be recalled that the military government of General Abdulsalami Abubakar conducted the general elections that ushered in a democratically elected governments across the length and breadth of Nigeria which culminated in their assumption of power on the 29th of May, 1999. The country has since then stuck to democracy, in spite of many pitfalls. According to K-Rad, "Nigeria is an extremely favoured country. Even though we are poles away from our Promised Land, yet nineteen years of unbroken democratic experience is no mean feat. Notwithstanding our wobbles, the literal sense of freedom cannot be compared to what o...