Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting, AGM, of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend, expressing delight at the final dividend payment of NGN2.80 per share which brings the total dividend for the 2021 financial year to NGN3.10 per share with a total value of NGN97.33 billion. In his statement, the Founder and Chairman of Zenith Bank Plc, Mr. Jim Ovia, CON, thanked the shareholders for their unflinching loyalty, which has enabled the bank to rise to the pinnacle of the…
Author: Funke
Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request the just and equitable winding up of Lekoil Cayman to avert value loss by shareholders of the AIM-Listed company. This new turn of events was disclosed by the Chairman of Lekoil Nigeria Limited, Mrs. Aisha Muhammed-Oyebode in a letter she wrote to shareholders of Lekoil Cayman. Mrs. Oyebode, in the letter called shareholders attention to the petition presented by the chief executive officer of Lekoil Nigeria Limited to wind up Lekoil Limited (the Company). In the letter, Mrs Oyebode said: “I write to…
It is another black day in South-East, Nigeria as unknown gunmen attacked Aguata Local Government area Headquarters and set it ablaze. The Anambra State Governor Charles Chukwuma Soludo hail from the area. The incident was confirmed by the state Police Command which stated that responders were deployed to the scene of the incident. https://youtube.com/shorts/_aFkErFRB-k?feature=share
Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos has remanded in prison custody the Chairman of the Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, Lagos Zone, Fatuyi Yemi Philips on Thursday. He was charged alongside his company; Oceanview Oil and Gas Limited by the Economic and Financial Crimes Commission, EFCC, in Suit No ID/17098C/2021. The defendant was remanded in prison custody of his choice following his arraignment before Justice Dada on a two-count charge bordering on obtaining money by false pretence contrary to Section of the Advance Fee Fraud and Fraud Related Offences, 2006 and on…
Weeks from now, Lagos Island Local Government in collaboration with the State Government, will relocate traders affected by the Apongbon fire incident. This cheering news was disclosed by the chairman of the Council, Hon. (Prince) Tijani Adetoyese Olusi on Wednesday. He spoke while giving an update on the efforts of the Council in partnership with the Federal and State Government, to return normalcy to the area and ensure that affected residents have their means of livelihood back. He said, “We are working round the clock to see that our people affected by the unfortunate fire incident, have their lives back.…
Finally, the Lagos State Governor, Babajide Sanwo-Olu has unveiled the members of Park Management Committee to handle the affairs of parks in Lagos State following the suspension of the National Union of Road Transport Workers, NURTW, in the State. Although the Government had denied it in the past, but the list has shown that the embattled Chairman of the Lagos Branch of the NURTW, Musiliu Akinsanya, alias MC Oluomo is the Chairman of the Commiittee. The retired Lagos Police Boss, AIG Hakeem Odumosu will serve as Government liason Officer. This is contained in a statement credited to the State Commissioner…
Lekoil Nigeria Limited, has sought and been granted an injunction in the Federal High Court of Nigeria against Lekoil Limited and Savannah Energy Investments Limited restraining them from taking any steps in furtherance of the transfer of any interests in oil and gas assets of Lekoil Nigeria Limited and the transfer or creation of any interest in Lekoil Nigeria Limited, that will alter the ownership, equity or share capital structure of Lekoil Nigeria Limited. According to a statement signed by Hamilton Esi, Corporate Communications, LEKOIL Nigeria Limited, they were joined by a number of third parties including Lekoil Oil &…
Officials of Rapid Response Squad, RRS, on patrol of 3rd Mainland Bridge this afternoon stopped a 67-year old man from leaping into the lagoon on his birthday. The elderly man, who gave his name as Oluwatoye Bamgboye, from Oju-Ore, Ogun State, was attempting to jump into the Lagos Lagoon inward Lagos Island when the officers stopped him. He disclosed that a personal challenge made him sell his house, land and car. With that, he still couldn’t solve the problem. He got a loan and the problem still persisted. He explained further that, he secured a job and on the resumption…
Some residents of Ogudu in Kosofe council area of Lagos State, has cried out to State Governor, Babajide Sanwo-Olu, and Inspector General of Police, Usman Alkali Baba, to rescue and protect helpless Lagos residents from illegal activities of land grabbers. Their appeal was contained in the petition written to the State Governor and the the Police High Command seeking protection of lives and properties as enshrined in the 1999 Constitution. The residents of Ogudu along Ibadan-Oworonsoki Expressway at Muslim Praying Ground who had Certificate of Occupancy, C-of-O, obtained from the state government after purchasing their land from the Fashola Chieftaincy family in…
The Federal Road Safety Corps, FRSC, on Sunday lost three officers to yet to be identified gunmen in Anambra State. A statement signed by the Assistant Corps Marshal, Corps Public Education Officer Bisi Kazeem, a team of patrol operatives of the FRSC comprising of an officer, a driver and two other staff on patrol operations were attacked by unknown gunmen leading to the death of two personnel with one sustaining severe injuries. He said the patrol team were conducting routine patrol operations at about 2:45 p.m along Igbo-Uku-Uga route in Anambra State when the armed men opened fire at them killing…