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http://ift.tt/eA8V8J By Onozure Dania An attempt by two suspects to steal a Toyota Camry car parked at the Palm Shoprite Plaza by an identified customer was thwarted by security guards stationed at the gate of the shopping mall. The suspects are Abiodun, 20, a resident of Owode Ijako, Ogun State and Nurudeen, 25, who reside at  Alagbado, Lagos, were allegedly invited by a car hire operator, Olufemi, for the operation. It was gathered that when Abiodun and Nurudeen got to the plaza, they introduced themselves to the security guards at the gate that they were the sons of a man who parked a Toyota Camry car at the car park within the mall. They told the guards that after their father parked the car, he develop psychiatric problems before abandoning the car and that their family sent them to come and take the car home. The security guards, it was learned, initially believed their story, but when the suspects were asked the colour of the car they told the security guards that it w...

http://ift.tt/eA8V8J By Onozure Dania An attempt by two suspects to steal a Toyota Camry car parked at the Palm Shoprite Plaza by an identified customer was thwarted by security guards stationed at the gate of the shopping mall. The suspects are Abiodun, 20, a resident of Owode Ijako, Ogun State and Nurudeen, 25, who reside at  Alagbado, Lagos, were allegedly invited by a car hire operator, Olufemi, for the operation. It was gathered that when Abiodun and Nurudeen got to the plaza, they introduced themselves to the security guards at the gate that they were the sons of a man who parked a Toyota Camry car at the car park within the mall. They told the guards that after their father parked the car, he develop psychiatric problems before abandoning the car and that their family sent them to come and take the car home. The security guards, it was learned, initially believed their story, but when the suspects were asked the colour of the car they told the security guards that it w...

http://ift.tt/eA8V8J Shareholders of AXA Mansard Insurance Plc have condemned the continuous delay in the approval of financial results and other corporate actions of companies in the insurance industry by the apex insurance regulatory body, National Insurance Commission, NAICOM. The shareholders at the 25th  Annual General Meeting, AGM of AXA Mansard Insurance Plc stated that these actions by NAICOM officials does not encourage insurance companies in meeting the aspirations of shareholders on good corporate governance, even as they approved the 5 kobo per share dividend declared by its Board of Directors, while commending the performance of AXA Mansard Insurance for the impressive results recorded in the financial year ended December 31, 2016. The shareholders call on NAICOM to always respond as much quickly as possible to issues and   activities involving the insurance industry as this will go a long way to encourage investors to invest more in the industry. According to...

http://ift.tt/eA8V8J Shareholders of   FBN Holdings Plc have charged its Board of Directors to quickly recover   debts owed the company’s subsidiary bank, First Bank of Nigeria Limited, which led to a credit losses of N226 billion. Nevertheless, the shareholders at the 5th  Annual General Meeting, AGM, held in Lagos at the weekend, commended the Board for declaring a 20 kobo per share dividend for the financial year ended December 31, 2016, despite the tough operating environment. The shareholders declared that if not for the impairment, the profit declared for the year under review would have been much higher, even as they appreciated the cost curtailment initiatives taken by Management of the company, which led to a decline in cost-to-income ratio to 47 per cent in 2016 from 61.3 per cent in 2015. The shareholders at the AGM unanimously endorsed all proposals by the Board, including the audited accounts for the 2016 financial year. Addressing shareholders...

http://ift.tt/eA8V8J THE contributions of Sterling Bank Plc to the growth of the agriculture sector in the country has been recognised as the financial institution received the Agric Bank of the Year Award. The Bank was recognized at the third edition of the Nigeria Agriculture Awards held at Intercontinental Hotels, Victoria Island, Lagos last Wednesday, attended by top government functionaries especially those in the agricultural and the banking sectors. The award was received by Mrs. Bukola Awosanya, the Head of Agric Department of Sterling Bank. It will be recalled that Sterling Bank in 2015 won the Best Bank in Commercial Agriculture Credit Scheme (CACS), a testimony of its soaring pedigree in the business of agriculture finance in the country. Same year, it received the Agriculture Bank of the Year Award. The award which was powered by the Agriculture Policy Research Network (APRNet) and Agro Nigeria Limited was conferred on the Bank in recognition of its critical role in th...

http://ift.tt/eA8V8J By Ben Agande KADUNA — THE governor of Kaduna State, Nasir El Rufai has dissociated himself from statement credited to his Chief of Staff that he (El Rufai) will not seek a second term in office but hand over to somebody below the age of 50 years. In a statement personally signed by El Rufai, the governor stated that when the time comes for him to declare for second term or decline to contest, he would make the decision known to the public himself and not through surrogates. “In 2014, when I complied with the directive of our leader President Muhammadu Buhari to run for the office of Governor of Kaduna State, I made the announcement in person. I did not employ surrogates to engage the public on this important decision. What I did not do as an aspirant for office, I will not do as incumbent Governor. I will not communicate my decision to run for a second term in 2019 through surrogates, but directly to the people of Kaduna State” he said. According to Mallam El...

http://ift.tt/eA8V8J The capital market benefits from flow of fund in the economy, and up till now, the fifth month into the year, the 2017 budget, which is supposed to spur spending in the economy has just been passed, but yet to be signed by the president. Aigboje Higo, Managing Director, Capital Bancorp Plc, x-rays the impact on the stock market and several other issues. Excerpts: By Nkiruka Nnorom T hisis the fifth month of the year and the 2017 budget has just been passed. What is the effect of the delayed passage on the capital market? The impact is not positive because usually when the budget is passed, it requires spending and part of what we need to do to get out of recession is to have good infrastructure in the economy. But the capital market has moved on; it is tired of waiting for the budget. You find out that the capital market is looking at things like inflation that has gone downward for two consecutive months. It is looking at the first quarter result of a lot of t...

http://ift.tt/eA8V8J By Nkiruka Nnorom The plan by Unilver Nigeria Plc to divest from its spread business will help the company to maximise value for all its stakeholders, say capital market operators. They said it is common for businesses to realign their operations, but the problem arise if the outcome of the divestment does not yield commensurate dividend or income to the company. “Unilever is into so many businesses and my understanding is that it is the food side they are exiting. And actually, there is one food company from South Africa they bided, but they couldn’t get it. So, they realised that since they cannot get it, they should relinquish the food side of their business. That one is called realignment,” said Mallam Garba Kurfi, Managing Director, APT Securities Limited. “You have to get your priority right. Look at what Dangote Flour Mills did. When they realised that they will be nowhere with noodles, they decided to exit it and allow it to follow noodles that is popu...

http://ift.tt/eA8V8J By Sola Ogundipe Lifestyle S ome call it Body Art , others just call it tattoo. Do you have a tattoo or intend to get one, then you need to read this. It  is estimated that one-tenth of adults in the large cities in Nigeria now have at least one tattoo, but getting Body Art may come with long-term medical risks. While it is true that tattoos are becoming more popular than ever, it is also fact that more and more people than ever developing infections from contaminated tattoo inks, as well as adverse reactions to the inks. Reports of bad reactions to tattoo inks right after tattooing, even years later, are quite common. Adverse effects Several adverse effects involving tattoos have been reported in recent times. The rule of the thumb is this: Before you get a tattoo, you should consider certain key questions. In particular, be concerned about unsafe practices and the tattoo ink. For many of those with tattoos or individuals who had at least one tattoo ex...

http://ift.tt/eA8V8J Renowned for his popular hit track titled ‘Suo’, which rocked the airwaves, streets and ghettoes in the late 90s, veteran dancehall artiste, Marvellous Benjy, claims to be unruffled by the new generation of dancehall artistes who have been gradually changing the face of dancehall music in Nigeria. According to him, the influx of new dancehall artistes has helped to bring out the best of the music genre. In a recent exclusive chat with Showtime, Marvellous, who is notably one of the pioneers of the dancehall musical genre in Nigeria, believes that competition among dancehall artistes will make the craft better. “It’s a welcome idea to see the new generation of artistes changing the face of dancehall music from what it used to be to what it is now. It’s good for us, it’s a welcome idea, and I like the whole idea of the competition. The truth of the matter is that the coming of this new trend of dancehall music and artistes has brought about the best of dancehall m...

http://ift.tt/eA8V8J Contrary to popular opinion that pop star, Davido is one of  the most arrogant music stars in Nigeria, the HKN Gang henchman has come out to set the record straight, declaring that he’s not as arrogant as many people often perceive him to be. Since his rise to stardom after the release of his debut single, Dami Duro in 2011, he has been slammed with series of criticisms from all quarters about his personality. But in a  recent chat with Showtime, the ‘Aye’ crooner said, “I am a very free person but if you like say, I’m arrogant, I know I’m not arrogant.” According to Davido, he’s a very friendly, receptive and humble person. He emphasized that no matter what the public thinks of him, he insists he is not an arrogant person. “I can bet you now, go to anybody or any street and ask them who is most normal or who is so free they will tell you it’s me. I’m not from the hood! It’s not about giving out money but it’s just me being free as an individual. Davi...

http://ift.tt/eA8V8J By Bunmi Sofola Wale was sleeping quietly in his hotel suite when the rude shrill of the telephone woke him. He looked at the clock, it was 6.00am! He was sleeping peacefully in his hotel room after a gruelling seminar when the phone rang. What the hell was going on? “Hello,” he yelled angrily down the phone. “Oga, madam dey for reception, she say she de  look for you. We say we no wan disturb you as you dey sleep with madam, your wife. E Say im be your wife. Na for laundry room I dey so. The woman still dey hala for reception, “ whispered the desk clerk. “What does she look like?” Wale asked, expecting the worst. “E no tall too much. E yellow small and wear glasses.” “I will be down in a minute,” Wale snapped. Quickly, he told the ‘wife’ beside him, who was now wide-awake because of the commotion, to put on her house-coat and come with him. He then took her to another delegates’ room for female. He’d been most reluctant to take this delegate along ...

http://ift.tt/eA8V8J By Fidelis Oguama The spate of speculations over the political future of immediate past governor of Enugu state, Sullivan Iheanacho Chime, came to an end last Saturday when he registered for the ruling All Progressives Congress. At the Udi/Agbudu ward office of the party in Enugu state, he was issued the party’s membership card number 00669001, ending his association with the state’s ruling Peoples Democratic Party on which platform he rose to become the state governor. Later that evening, in front of party faithful ferried from far and near, including nearby states of Benue, Anambra and Ebonyi, to witness the defection of the state’s former helmsman, he declared that his mission in the APC was to return Enugu to the mainstream of national politics. For the APC, Chime was obviously a big catch. For the party that already has the likes of Chief Jim Nwobodo, former Senate President Ken Nnamani and former Speaker of the State Assembly, Eugene Odoh in the bag, the b...

http://ift.tt/eA8V8J By Theodore Opara MERCEDES-Benz USA CEO, Dietmar Exler, has unveiled a new SUV to the company’s lineup at the New York show. The GLC Coupe 63 S is a crossover between the company’s popular SUV and sports car line. “We are proud of the newest addition to our SUV family. With the AMG, a high-performance engine, you’ve got the GLC Coupe 63 S,” Exler told CNBC. “It’s a bi-turbo 8-cylinder engine and 503 horsepower.” Exler pointed out that he’s seen no slowdown in demand for the SUVs, in fact noting that factories are already working “overtime” to produce more. When asked whether or not he sees the auto market plateauing in sales and slowing down, Exler remained positive for the auto industry’s future. “We don’t see a big dropoff or anything like that this year or next year,” Exler said. “Last year we were at 17.55 million units. We might be 17.4, that’s still 99 percent of the all-time high. It’s still a pretty good industry.” Mercedes manufactures about 310,000 ...

http://ift.tt/eA8V8J By Dayo Johnson PALPABLE fear has gripped church founders and general overseers across Akure, the Ondo State capital following the invasion of their churches during vigils by robbers who dispose them and their members of large sums of money, laptops, electronic gadgets and the offerings collected during their services. Reports from one of the robbed churches located along Ondo road in Akure the state capital indicated that the wife of the founder who challenged the robbers for lack of respect to the things of God and for their effrontery to rob the house of God ended up in the hospital as she was dealt with by one of the daring robbers. She was reportedly hit with a big cudgel held by one of the hoodlums. South West Voice learnt she spent over a week in a private hospital in the metropolis nursing the deep wound inflicted on her. This sacrilege, South West Voice learnt had temporarily halted the conduct of vigils in many part of the state capital in the last o...

http://ift.tt/eA8V8J By Anayo Okoli U MUAHIA — AHEAD of today’s Supreme Court expected judgment in the tax evasion case between Governor Okezie Ikpeazu of Abia State and Peoples Democratic Party, PDP, chieftain, Uche Ogah, Ohanaeze Youths have appealed for calm in the state no matter who wins. According to the youths, all the party in the matter are Abia people and whoever wins should embrace the other. Ohanaeze youths in a statement signed by National Secretary and  National Publicity Secretary, Mazi Okwu Nnabuike and Mazi Obinna Adibe, respectively, said there was no need for any tension, adding it is a matter between brothers in the same political family. According to them, “we are concerned because if crisis erupts, it is the youths that pay the ultimate price. We urge the youths in Abia State to be peaceful irrespective of where the judgment goes. “However, the charter of equity in Abia should be respected as it is in other states in Igboland. It is the turn of Abia Sou...

http://ift.tt/eA8V8J By Ugochukwu Alaribe ABA — A medical doctor identified as I. J. Mbaekpe, has committed suicide in Aba, Abia State. Vanguard gathered that Mbaekpe, who lives in Abayi area of the city has been suffering from undisclosed ailment for about 30 years. According to a family source, the medical doctor, aged 74, kept lamenting that he was tired of life, as his health condition defied solution. While his wife, Mary, was said to be out of the house, Mbaekpe allegedly shot himself which attracted neighbours. He died as he was being taken to the hospital. “He has been sick for about 30 years now. While the family continued to take care of him and seek solution to his ailment, he kept telling us that he was tired of life. While his wife was out of the house, he shot himself. Nobody knew he could get to the extent of taking his life,” a family source said. Abia State Police Public Relations Officer, DSP Godfrey Ogbonna, who confirmed the incident, said the doctor was rep...