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NEPL/SEPLAT JV Kicks-Off the 2024 “Eye Can See” Initiative

 The NEPL/Seplat Energy JV has kicked off the 2024 edition of the Eye Can See initiative, one of its flagship Corporate Social Investment (CSI) in Benin, Edo State. The event, which took place at the Palace of the Oba of Benin, is designed to provide free optical treatment at all levels to members of the communities within NEPL/SEPLAT operational communities. Photo Caption (Seplat -Eye Can See 2024) - L-R: Mildred Medinus, Broadcast Media Advisor, NEPL; Chief Victor Osa Uzamere, Obadolaye of Benin; Emmanuel Otokhine, Base Manager, Western Asset, Seplat Energy; Esther Icha, Manager, Corporate Social Investment, Seplat Energy; Faith Otitinor, Community Liaison Officer, NEPL and Chief Uyi Okungbowa, Ogua of Benin at the NEPL/Seplat Energy JV "Eye Can See" programme held on Wednesday March 13, 2024 at the Oba of Benin Palace, Edo State. Specifically, the programme is targeted at men, women and children with eye problems and aims to ensure the provision of free eye care, visual ai...

WEMA BANK EMERGES MEMBER OF THE MONTH FOR FINTECH ASSOCIATION OF NIGERIA

 Wema Bank, Nigeria’s foremost innovative bank and Africa’s first fully digital bank, ALAT, has been recognised as the member of the month by the Fintech Association of Nigeria for its outstanding contributions to the fintech and innovation ecosystem. The Fintech Association of Nigeria [FinTech NGR] is a non-profit and non-political organisation established to serve as a platform for the development of the Nigerian financial technology [FinTech] industry; interfacing with the Central Bank of Nigeria [CBN], Securities and Exchange Commission [SEC] and other relevant bodies to develop the industry.  According to FinTech NGR, Wema Bank’s emergence as Member of the month is corollary to a number of factors which include: - Wema Bank’s active collaboration within the FinTech industry, striving towards common objectives and nurturing a spirit of togetherness within the FinTech community. - The bank’s position as a steadfast financial member of the Association. - Wema Bank’s nu...

Dollar crashes from 1800 to 1400 as Goverment attacks spot buyers on Binance

 The Federal Government of Nigeria determination to curb the activities of forex speculators seem to be gaining momentum with the exchange rate now down to 1439 to 1 US Dollar. The Naira strengthens against USDT as Binance and other crypto platforms confirm they are in talks with government to curb spot trading.  Aside talks with Binance and other platforms, the attack against currency speculators is also been effectively sustained by the office of National Security Adviser, Economic and Financial Crime Commission (EFCC) and the police. A source disclosed that Naira will continue to strengthen against the dollar and the economy will experience speedily recovery from saboteurs.     "In a surprising turn of events, the Nigerian Naira has shown significant strength against the Tether (USDT) cryptocurrency, with its value improving to 1438 from a previous high of over 1800. This development occurs amidst growing speculation that major cryptocurrency platforms, inclu...

EFCC Recovers N30 Billion from Ministry of Humanitarian N37B fraud

 The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who spoke with our correspondent on Friday, said the commission had also uncovered over N500m from the scam associated with Umar-Farouk’s successor, Betta Edu, who was recently suspended by President Bola Tinubu. A Nigerian newspaper, PUNCH had in December reported that N37,170,855,753.44 was transferred from government coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete. It was gathered on Friday that N30bn was recovered by the EFCC following the placement of a lien on the bank accounts of Umar-Farouq and Okwete, who are still being grilled by the anti-graft agency’s investigators.

Seyi Makinde's dance of shame

It is very curious that Governor Seyi Makinde referenced the petition signed and dated 3rd of February on a letter that he signed on the 2nd of February. Abeg, who is fooling who? This whole thing is being orchestrated by the inglorious G5 governors who sabotaged PDP at national who want to again sabotage PDP in Edo state. They have never wished the party well and this is another example. Recall that they recently pledged to deliver Jagaban back to power. As usual, they will continue to FAIL.  We call on all law-abiding members of our party to turn out enmasse and vote for delegates of their choice today, 4th February 2024. Let's take our destiny into ou. .mr hands and take our party back from a handful of self-seeking people who have shown time and time again that they have no interest in helping ordinary people.  *COPIED*

Breaking: Wema Bank ALAT Set Record Breaking Precedent in 2023 performance.

 Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, set a record-breaking precedent in 2023, with a tremendous upsurge in its 2023 corporate performance as seen in the bank’s 2023 Q3 performance results.  In a yearly analysis that captured financials for the first three[3] quarters of 2023, Wema Bank recorded a 130% increase in Profit Before Tax [PBT] and 61% increase in gross earnings, achieving Gross Earnings of ₦150.90bn in Q3 2023, compared to Q3 2022’s ₦93.86bn. The pioneering bank’s Profit Before Tax (PBT) unprecedentedly stood at ₦21.76bn, an astounding 130% increase from the ₦9.46bn reported in Q3 2022. Further underscoring the bank’s progress, Wema Bank also recorded a remarkable 73% reduction in fraud and burglary losses, which is a testament to the bank’s commitment to sustaining progress and ensuring the financial security of its customers. This exceptional growth has further strengthened Wema Bank...

Ayodeji Peter Falope Receives BDSP of the Year Award at the 20th EDC Entrepreneurship Ecosystem Awards 2023

 Lagos, November 24, 2023 – The Enterprise Development Centre (EDC), of the Pan-Atlantic University, home to the Lagos Business School (LBS), recently hosted its 20th annual gala at the Harbour Point Event Center, Victoria Island. The celebration honored six outstanding Business Development Service Providers (BDSPs), recognizing their significant contributions to nurturing entrepreneurship in Nigeria. The prestigious event gathered esteemed EDC leadership, including Nneka Okekearu, Nnenna Ugwu, Dr. Wale Anifowose, EDC alumni, innovative entrepreneurs, Business Development Service Providers, youth entrepreneurs from PAU and many other critical industry stakeholders from government, corporate, banking, and financial sectors to foster collaboration within Nigeria's entrepreneurial ecosystem as led by the EDC. The aim of the 20th edition of this award show was to acknowledge BDSPs who have immensely contributed to EDC's mission of fostering entrepreneurship across the nation. Durin...