High Street

The attention of the Management of BEDC Electricity PLC (BEDC), has been drawn to a fictitious online publication posted by the Edo State Civil Societies Organization (EDOSCO) that the operating license of BEDC has been withdrawn and that customers in Benin, should not pay for electricity based on this position. We wish to strongly condemn the publication in its entirety which is a propaganda by EDOSCO, an organization peddling misinformation, after BEDC instituted court cases against some of it’s members for illegal tampering with power equipments. Our esteemed customers should thus discountenance such deliberate misrepresentation as there is no withdrawal of the license of BEDC . Rather, please recall that the Director General of the Bureau of Public Enterprises (BPE), the federal government agency that midwifed the privatization exercise at a Press briefing in Benin last month declared that there was no ongoing license renewal for BEDC or any of the other 10 distribution compan...

The Conference of Speakers of State Legislatures of Nigeria has set up a reconciliatory cum fact-finding committee to intervene and amicably resolve the crises in some state Houses of Assembly in the country. This was part of the decision reached at the end of the 3rd Quarter General Meeting of the Conference which took place between 7 and 8 December, 2018 in Maiduguri, capital of Borno State. Reading the communique after the end of the meeting on Sunday morning, the Chairman of the Conference and Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, the Conference stated that its intervention hinged on the need "to not only ensure amicable resolution of the crises, but also to ensure good governance". Rt. Hon. Obasa stated further that the Conference also cautioned the Judiciary especially the lower courts to exercise caution by not interfering with constitutionally assigned roles already undertaken by the Legislature but sh...

Chief Executive Officer and Managing Director of Zenith Bank on Sunday, December 9, 2018, restated the financial institutions focus on youths' development. Amangbo spoke at the annual Zenith Christmas Youth Parade which held at Ajose Adeogun street victory island Lagos. The event which is a Corporate Social Responsibility (CSR) initiative aimed at supporting the development and education of the Nigerian child. Students from over 30 schools participated in the 2018 edition of the Zenith Christmas Youth Parade. Amangbo disclosed the bank is happy with the response the giving back to the society initiative is attracting. The bank CEO disclosed the initiative is greatly helping young ones to imbibe saving culture from a very tender age. The opportunity for children to open Zenith Bank's popular product ZICA (Zenith's Children Account) was provided at the annual Christmas Youth Parade. Amangbo revealed based on the value it is provid...

Something big is coming soon. And it is all about style, everything about style. It will redefine style and elegance. Big players in the style industry home and abroad have signed up for the event. It promises to be a never seen before. And when will it happen?…very soon.

The Economic and Financial Crimes Commission (EFCC) has taken Dotun Okupe, a former aide to immediate past President Goodluck Jonathan into custody. According to Okupe, the EFCC operatives arrived his residence in Lagos on Saturday, and asked him to follow them. He disclosed the incident via a tweet that read: “EFCC just stormed my house in Ilupeju Lagos asking me to follow them. No letter. No letter of IV no warrant. Saturday!” Source: sahara reporters

According to a report monitored on societynow.ng... Services have been fully restored on all Polaris Bank’s platforms societynow.ng can confirm. This development shuts down attempts by naysayers to distort a system upgrade and maintenance process that temporarily made the bank’s platforms unavailable to customers. Societynow.ng gathered despite Polaris Bank’s civil approach of informing customers about the “system maintenance and upgrade process and its attendant challenges”, certain individuals attempted to spin it into a controversy against the bank for yet to be identified reasons. “But that situation has now been taken care of permanently” societynow.ng learned. All platforms of the Tokunbo Abiru headed Polaris Bank became fully available to customers earlier today- Friday, December 7, 2018. And the bank has dutifully informed its growing customers societynow.ng learned. The message to customers according to information available to societynow.ng “Dear Customers, ...

The Economic and Financial Crimes Commission has charged the President of the Nigerian Bar Association, Mr Paul Usoro (SAN), with an alleged fraud of N1.4bn. Usoro was charged before the Federal High Court in Lagos. The charge sheet, marked FHC/418c/18, was filed before Justice Muslim Hassan. The judge has fixed December 10, 2018 for the arraignment of the NBA President. In the charge sheet, sighted on Wednesday by our correspondent, the EFCC claimed that Usoro converted and laundered the money in connivance with the governor of his state, Governor Udom Emmanuel of Akwa Ibom State. Emmanuel was however not listed as a defendant in the charge, as the EFCC indicated that he is “currently constitutionally immuned against criminal prosecution”. Also mentioned in the body of the charges were one Nsikan Nkan, described as Commissioner for Finance, Akwa Ibom State; one Mfon Udomah, described as the Accountant General of Akwa Ibom State; one Uwemedimo Nwoko, described as the Akwa Ibo...