Posts

Showing posts from June, 2024

Adron Rejoices With Father on Father's Day

Image
 In every home's embrace, a father's love resides a gentle strength that steadies, guides, and provides. At Adron Homes, we honor this steadfast role, Where fathers nurture dreams and make hearts whole.To our cherished staff, clients, and partners afar. Happy Father's Day, you shine like a guiding star.Your dedication and care enrich our days, In Adron Homes, your presence lights our ways. Today, we celebrate fathers, pillars strong and true,For shaping futures bright with love imbued. In every moment cherished, in every heartfelt prayer, Adron Homes celebrates fathers everywhere . #AdronHomesCelebrateFathers #HappyFathersDay #Fatherslove

Your Poor Performance in Office Disqualifies You from Rating Governor Adeleke, Spokesperson Shades Benedict Alabi

Image
  The Spokesperson to the Osun State Governor, Mallam Olawale Rasheed has asked a former Deputy Governor in the state, Benedict Alabi, to bury his head in shame over his misguided notion on the performance of Governor Ademola Adeleke, saying that Alabi's attempt to misrepresent the reality of things in Osun stems from his sense of guilt as number two man  in a failed administration.  Mallam Rasheed enjoins Alabi to show some remorse on the monumental pains that policies and inadequacies of the administration he was a part of caused Osun people for years, knocking him as cheap and insensitive for trying to playdown genuine efforts by Governor Adeleke to clear the mess inherited from the Oyetola administration.  "The Adeleke administration has spent the last 18 months taking Osun out of the woods and setting it on the path of development and growth. Unfortunately, people like Benedict Alabi who created the mess are trying to play on the intelligence of the people, assuming Osun

Eid-El-Kabir : Senator Tokunbo Abiru Congratulates Muslims, Urges Nigerians To Remain Steadfast Despite Challenges*

Image
 *      The Senator representing Lagos East Senatorial District, *Distinguished Senator Mukhail Adetokunbo Abiru, FCA,* has congratulated Muslims in Nigeria on this year's Eid-El-Kabir celebration. He urged Muslims to emulate Prophet Ibrahim's submission to Almighty Allah's will and called for religious tolerance and peaceful coexistence among Nigerians.  In his Sallah goodwill message released on Saturday by his media aide, Mr. Enitan Olukotun, Senator Abiru, who is the Chairman Senate Committee on Banking, Insurance and other Financial Institutions admonished all Nigerians to remain steadfast despite socio-economic challenges facing the nation. He called for more prayers and support for the Nigerian President, His Excellency, President Bola Ahmed Tinubu, GCFR, as he steers the ship of the nation at this critical point in time of Nigeria’s history. The statement read, “ I congratulate my fellow Muslim brothers and sisters, and all Nigerians in Lagos East Senatorial Distric

Fouani’s MD : How Primate Ayodele Foretold Kidnap Of Important Personalities In May*

Image
 * Few months after kidnappers operations reduced in Nigeria, there has been a renewed operation with the abduction of the Managing Director of a famous electronics distribution company, Fouani Nigeria Limited, along with three Lebanese while travelling by boat in Lagos yesterday. The captives, whose names have not been ascertained, were said to be travelling through the Lagos waters from Apapa to Victoria Island when the kidnappers struck. It was also disclosed that the abductors had reached out, demanding a $1.5m ransom. This is in fulfillment of the prophecy of Primate Elijah Ayodele which he shared in the month of May warning security operatives to stay on alert and change their strategies in fighting terrorism as he foresaw a rise in kidnap operations. The prophet who has been warning Nigeria’s security chiefs about terrorist attacks and even advised them to build three strong towers, made it known that the best way to curb insecurity is by acquiring drones. He revealed that kidna

Oyo Gov't Issues Health Alert Over Suspected Cholera Cases*

Image
  * The Oyo State Government has issued a call for more vigilance and the adoption of precautionary measures to prevent the spread of a potential cholera outbreak in the State. The Commissioner for Health, Dr. Oluwaserimi Ajetunmobi gave the charge during her visit to a private hospital in Ibadan where two suspected cholera cases were receiving treatment. Dr. Oluwaserimi Ajetunmobi noted that Cholera is a bacterial infection spread by eating or drinking food or water contaminated by the faeces (poop) of an infected person. She explained that cholera is highly infectious and can cause severe acute watery diarrhoea with severe dehydration , adding that It may be associated with nausea, profuse vomiting, and fever. The Commissioner  described the two  suspected cases in Ibadan, which had been tracked down to a private facility in the state as  male workers at a construction site in Lekki Peninsula from Lagos State She noted that there is no cause for alarm as the Ministry and other partne

Obasa, Others Declare Support For Protection Of Vulnerable Boys

Image
  - as Sanwo-Olu's wife visits Lagos Assembly The First Lady of Lagos State, Dr. Ibijoke Sanwo-Olu, on Friday led a team of young boys to the House of Assembly as part of a mentorship programme she initiated for the boy-child. The First Lady, who arrived with the wife of the Deputy Governor, Mrs. Oluremi Hamzat, was received by the Speaker of the House, Rt. Hon. Mudashiru Obasa, and members at a special plenary session held to encourage the children. Advising the young boys, Dr. Obasa, a lawyer, recalled how, as a young student, he got challenged to love Literature after he attended a theatre performance where someone quoted from one of William Shakespeare's works without looking at a book or paper. He advised the children and explained the roles of the legislature in the lives of Lagos State and its residents as enshrined in the Constitution of the Federal Republic of Nigeria. "I want you to resolve to be true leaders of tomorrow. And to do this, you must say no to crime.

25 Years on Stage: What Inspired Me to be Musician - Aderoty

Image
  All arrangements have been concluded for a popular juju Musician in Ibadan, Adeolu Aderinto Popularly known as (ADEROTY) to launch his new  album "Beautiful Complement" alongside his 25 years on the music stage. The launching of the new album will take place on the 23rd of June. 2024 at the Planet Garden and Launch NO, 30, Abayomi Estate, Sawmil Ibadan, the Oyo State Capital. Aderoty said he had been in the music industry for the past 25 years with unblemish track record in the Juju Music industry. He said, "my new album "Beautiful Complement" will take me into lime light because it's about praising God, our God loved to be praised every time, to be a man is not a day job, you just need to be trying". He continued, "I had experienced a lot of things in my music career, both negative and positive, I am still trying, I thank God I am growing in talent in this music profession".  Aderoty said Music has showed him the futre, hinting that, he ha

Fidelity Bank public offer, rights issue to open Thursday June 20

Image
  Nigeria’s 6th largest bank, Fidelity Bank Plc will on Thursday, June 20, 2024 open its public offer and Rights Issue. As part of this capital raising process, Fidelity Bank will same Thursday, June 20, 2024 at the NGX hold a Facts Behind the Offer presentation. According to an article posted on the Businessday website and authored by Iheanyi Nwachukwu, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares held as of 05 January 2024, at N9.25 per share under the Rights Issue, For the public offer, 10 billion ordinary shares of 50 kobo each will be offered to the general investing public at N9.75 per share. Stanbic IBTC Capital is the Lead Issuing House to the Combined Offer, whilst the Joint Issuing Houses include Iron Global Markets Limited, Cowry Asset Management Limited, Afrinvest Capital Limited, FSL Securities Limited, Futureview Financial Services Limited, Iroko Capital Market Advisory Limited, Kairos Capita

Id el Kabir: LAWMA Advocates Proper Waste Management

Image
  The Lagos Waste Management Authority (LAWMA) has urged residents to properly bag and dispose of their waste, especially animal waste, during and after this year’s Id el Kabir celebrations.   Managing Director/CEO of the agency, Dr. Muyiwa Gbadegesin, has noted that comprehensive measures were being implemented to ensure a clean and hygienic environment during the festivities, with service providers working assiduously.   He said, “We have put in place a robust system to manage waste effectively during Id el Kabir. Our goal is to ensure that the celebration is enjoyed in a clean and safe environment. We are working tirelessly to ensure this”.   Gbadegesin reiterated LAWMA’s commitment to addressing improper waste disposal practices that could lead to environmental degradation, encouraging residents to engage only assigned PSP operators and avoid cart pushers, whose activities undermined the Authority’s efforts.   “We urge residents to cooperate with us by bagging and containerising wa

Wema Bank Concludes 1st tranche of Capital Raise Programme

Image
  LAGOS, NIGERIA – 14th June 2024 – Wema Bank PLC (Bloomberg: WemaBank: NL) (“Wema” or “the Bank”) announces the allotment of its N40billion Rights issue programme. Raises N40billion through a Rights Issuance process. Part of its larger 2-year; N150billion Capital programme. Rights fully subscribed. Expected to Commence concluding tranche of additional Capital in Q4, 2024. Corporate Ratings affirmed by Fitch at BBB & Upgraded by Agusto to BBB+ Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40bn Rights Issue which was initiated in December 2023. In view of macroeconomic conditions, the Central Bank of Nigeria (CBN) in March 2024, launched a recapitalisation programme requiring commercial banks to raise fresh capital in alignment with the minimum requirement for their respective

Why We Must Protect Nigeria’s Democracy, Obasa, Fashola, Foreign Diplomats Speak

Image
  Despite its challenges, democracy in Nigeria must be protected by every citizen, speakers at an event to commemorate the country’s 25 years of unbroken democratic governance organised by the Lagos State House of Assembly have warned. Speaker of the House, Rt. Hon. Mudashiru Obasa, former governor of Lagos, Mr. Babatunde Fashola, foreign diplomats, and business experts argued on Wednesday evening that democracy has benefitted the Nigeria since 1999 when the country began its fourth republic. Others who spoke at the event include Prof. Eghosa Osaghae of the Nigerian Institute of International Affairs, Dr. Muda Yusuf, former chairman of the Lagos Chamber of Commerce, and Mrs. Abike Dabiri-Erewa, the Nigerians in Diaspora Commission (NiDCOM). Dr. Obasa said Nigeria deserved to celebrate because in the last 25 years, the country has successfully transferred power from one administration to another, uphold the principles of representation, accountability, and the rule of law. “Our democrac

Interswitch And ACI Worldwide Lead Digital Payment Transformation With Strategic Partnership and Innovative Technology

Image
  Interswitch, one of Africa’s leading integrated payments and digital commerce companies, in partnership with ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, recently hosted a high-profile customer engagement session at the Eko Hotel and Suites in Lagos.  The event which highlighted the role of both companies in the development of the African payment ecosystem, also showcased various cutting-edge payment solutions aimed at further transforming the financial ecosystem across the continent. The session focused on boosting digital payments by exploring transformative strategies and leveraging innovative solutions to enhance business development and revolutionize the payment landscape. Industry experts at the event provided insights on modern strategies and trends in the financial sector, highlighting ways to leverage technology to unlock opportunities, scale operations, and drive business growth. Mitchell Elegbe, Founder and Group Managing

Senator Tokunbo Abiru Gives Out Over 8,500 Food Packs To Lagos East Constituents For Eid-el-Kabir Celebrations*

Image
 * Over 8,500 households in the Lagos East Senatorial District, today benefited from the Ileya edition of the Food Pack distribution programme of Senator Mukhail Adetokunbo Abiru. Excited beneficiaries who were drawn from the 16 Local Governments and Local Council Development Areas of the district, thronged venues of the Food pack distribution in their respective communities. This kind gesture is coming barely 90 days after the Senator, shared over 10,000 Foodpacks to residents, particularly vulnerable people in the Senatorial District, in commemoration of his 60th birthday.  Senator Abiru, who is the Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, and also Chairman, Southern Senators’ Forum, in his Sallah goodwill message to esteemed Constituents of the district, reiterated his commitment to the pursuit of laws, programmes and interventions that will improve their quality of life, and that of all Nigerians. He expressed concerns over the state of the

Adron Homes Sponsors Ojude Oba, Unveils Plans to Excite Customers with Massive Prize Slash

Image
  At the World Press conference of the forthcoming 2024 Ojude-Oba Festival in Ijebu-Ode, the management and organizing committee of the annual event has unveiled plans for the smooth running of this year's edition during the unveiling and announcement of proud sponsor brands which the leading real estate firm; Adron Homes and Properties were part of.  At the world press conference, the organizing committee especially hailed the  Management of Adron Homes and properties for their constant support and also their sponsorship for this year's edition to make sure the annual colourful parade is indeed getting the needed support to soar higher. During the unveiling,  it was noted that Adron Homes is set to excite customers and attendees with mouthwatering prizes, massive discounts and unbelievable price slashes during the cause of the event in Ijebu-Ode next week.  Also present at the event, a group of senior management staff from Adron Homes were; The Deputy Managing Director of Adro

Who is afraid of Fidelity Bank?

Image
  A lot of mischief is going on in the banking sub-sector of Nigeria’s financial ecosystem since the Central Bank of Nigeria (CBN), on June 3, 2024, revoked the banking licence of Heritage Bank Plc. The not-so-subtle campaign by some faceless groups to demarket an otherwise solid financial institution like the Fidelity Bank Plc., however, has not escaped the attention of discerning banking publics. But it is a mischief taken too far. In revoking the banking licence of Heritage Bank, the CBN made it clear that its board and management have been unable to improve the bank’s financial performance, a situation which the country’s apex bank says constitutes a threat to the country’s financial stability. A statement by Mrs. Hakama Sidi Ali, Ag. Director, Corporate Communications of the CBN, said it acted in accordance with its mandate to promote a sound financial system in Nigeria and in exercise of its powers under Section 12 of the Banks and Other Financial Act (BOFIA) 2020. Many Nigerians

Anybody That Mock Mr president Should be Arrested says Prophet Ikuru

Image
  The founder and the prophet of Jehovah Eyes Salvation Ministry prophet Godwin Ikuru as call on DSS to detaining anybody mocking president Bola Tiunbu on any social media on what happen during Democracy Day celebration  Prophet ikuru said this in Lagos yesterday after the Democracy Day celebration held in Abuja. He said any body carrying the video of where Mr president mistaking fall on any social media are mocking the president that person should be detaining by Dss "We are seeing many others president that fall before their people did not mock them , what is our problem that we are mocking our president. "We need to wake and use our brains so that our country can move forward.he added.

GOVERNOR ADELEKE CONGRATULATES NEW LEADERSHIP OF THE NATIONAL COUNCIL ON CLIMATE CHANGE

Image
  The Executive Governor of Osun State, Senator Ademola Adeleke has congratulated Dr. Nkiruka Maduekwe on her appointment as the Director–General/Chief Executive Officer of the National Council on Climate Change  by President Bola Tinubu. Governor Adeleke who also congratulated other members of the climate team appointed by the President, said the composition raises much hopes on the country's readiness to tackle the problem of climate change. While acknowledging the rich background and experience of Dr. Maduekwe and her team to coordinate an effective green growth direction for Nigeria, Governor Adeleke notes Osun state's robust climate agenda policy as a signal of his administration's resolve to explore available opportunities. "I'm delighted to learn of the appointment of Dr. Nkiruka Maduekwe as the Director–General/Chief Executive Officer of the National Council on Climate Change (NCCC). Dr. Maduekwe's deep experience in climate policy development and the c

Governor Adeleke Strengthens Grassroot Economy, Disburses N700m to Local Cooperative Societies*

Image
  * ● As  State Launches Distribution of Rice Palliatives  In his drive to boost local economy and alleviate hardship among the citizenry, Governor Ademola Adeleke today disburses cash backed cheques running into several millions of  Naira to cooperatives societies at Ife and Obokun/Oriade federal constituencies. Addressing a mammoth crowd of cooperative members at Ile Ife City Hall and Ijebujesa town hall, Governor Adeleke said the funds being disbursed to the local cooperatives are designed to support grassroot businesses and ensure financial inclusion for the vulnerable segments of the society. The disbursement which came as the state government announced the commencement of distribution of federal and state rice to reach every segment of the society, drew wild applause from members of the cooperative movements in both federal constituencies. While the Commissioner for Cooperatives and Empowerment , Bayo Ogungbangbe said this is the first time cooperative movement will be so support

Adron Rejoice With Nigerian On Democracy Day

Image
 In the heart of our nation, where dreams take flight.Adron Homes stands proud, bathed in democracy's light. On June 12, we join hands with joy and glee,Celebrating every Nigerian, proud and free. As a beacon of hope in the real estate domain,We build homes where aspirations reign. From the bustling cities to the rural plains,We cherish the diversity that in unity remains. Happy Democracy Day, to each Nigerian soul, May liberty's flame forever console. In the tapestry of our nation's grand story,Adron Homes celebrates with boundless glory. So let's raise our voices, let's sing and cheer, For the democracy we hold dear. Together as one, we stand hand in hand, Adron Homes wishes you a joyous celebration, across the land. Adron Homes  Building Cities,Communities and Homes

At Labule, we are committed to raising the standards of our local delicacies- Binta Adisa, MD, Roots Foods Limited

Image
  Lagos, Nigeria, June 8, 2024. The Managing Director/ Chief Chef, Roots Foods Limited, the parent company of Labule Restaurants, Binta Adisa, has reiterated the commitment of the company to maintaining the quality of local delicacies offered to its customers. Adisa disclosed this during the official opening of a new Labule Restaurant in Ikorodu on Saturday, June 8, 2024. The opening of the Ikorodu outlet will make it the fourth outlet established since its inception ten years ago. While declaring the restaurant open, the Ayangburen of Ikorodu, His Royal Majesty, Oba Abdulkabir Shotobi commended the management of Roots Foods Limited for choosing to build such an enterprise in Ikorodu saying that not only would it contribute to job creation but also boost the economic prosperity of the environ. While offering prayers at the occasion, Oba Shotobi noted that the arrival of the restaurant in Ikorodu provides an opportunity for every Nigerian to identify with their roots. On her part, the M

TBJOSHUA, A PHENOMENA IN THE MYSTERY OF UNIVERSE

Image
  BY DARE ADEJUMO There is something quite extraordinary and intriguing about TEMITOPE BALOGUN JOSHUA the Prophet! Most people spent around nine months in their mothers' wombs before they were born but TBJOSHUA'S case was different. He stayed in the womb to spend double periods, eighteen solid months!  Born on June 12, 1963 in a rustic village to peasant parents reminiscence of the biblical birth in the manger of our Lord Jesus Christ, TEMITOPE was obviously an unusual child.  Mysteriously, a few days after his birth, a  fiercely errant heavy boulder from the nearby rock pierced the roof of the house, just at the exact center of where he was laid on the mat smashing everything around him but the little baby boy TEMITOPE was miraculously protected and unhurt to the amazement of everyone around! TBJoshua was a big puzzle, an enigma abinitio. As a child he was a precocious one. The little TEMITOPE stood out in character, understanding, knowledge with a propulsive bold faculty that

ADDRESSING FALSE INFORMATION ALLEGING IMPENDING COMMERCIAL BANKING LICENSE SEIZURE AND BANK CLOSURE

Image
  Recent industry occurrences have given rise to an influx of false information and propaganda targeted at causing unrest in the Nigerian financial services industry.  Among this fake news is a WhatsApp messages  alleging that a number of commercial banks stand at risk of losing their banking license and being closed; one of the banks mentioned was Wema Bank.  We categorically confirm that this claim is FALSE and contrary to the reality of Wema Bank's financial strength.  THE PREMISEIn a statement allegedly signed by The National Secretary of the Nigeria Union of Pensioners/Federal Civil Service Pensioners (NUP/FCSP), Abuja Branch, Wema Bank was mentioned as one of the commercial banks slated for impending license seizure by the CBN.  The statement further urged pensioners and by extension the public, to relinquish their Wema Bank accounts and adopt other banks not listed in the statement, as a “proactive step against being caught in the web of the impending closure of the mentione

Fidelity Bank records largest single-day turnover volume of over 600 million shares.

Image
  Fidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257 million shares, even as the stock gained 6.52% to close at N9.80. Since announcing its public offer and rights issue program, the bank’s stock has seen significant market activity. For the week ending June 7, 2024, it emerged as the top-traded stock, with a turnover volume of 229.613 million shares. After Fidelity Bank, Access Holdings recorded the highest turnover volume in the market with 93.067 million shares. It was followed by UBA, which recorded a 2.86% gain and a turnover volume of 58.726 million shares. Nigerian Breweries which posted a 2.38% posted a turnover volume of 45.256 million shares, and Zenith Bank with a 4.66% gain posted a turnover volume of 16.079 million shares. In terms of turnover value, Fidelity Bank posted a N6.025 billion turnover value, while Access Holdings posted a turnover value of N1.744 billion. Nigerian Breweries recorded N1.27 b

STRIKE: Labour Leaders Should Be Arrested Now For Treasonableb Felony And Economic Sabotage - Satguru Maharaj Ji Tells FG

Image
  ...Says They Want To Blackmail And Tumbled The Elected Government The Living Perfect Master and founder of One Love Family, Satguru Maharaj Ji has said that the planned strike by Labour leaders to force another shutdown from next week if the government does not agree to a minimum wage amount to “economic sabotage” and blackmail of the government and as a result they should be arrested for trying to cover up their aggression against the country for attacking the National Grid. Recall Nigeria’s Trade unions last week went on a nationwide strike, shutting down the country’s power grid and disrupting flights as they resorted to drastic measures to press the government to hike minimum wages amid a cost-of-living crisis. The labour unions suspended the indefinite strike on Tuesday after government officials invited them for negotiations as the industrial action affected power supply for the country’s 200 million people and stranded thousands due to flight cancellations. Labour officials, f