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Biden tells CNN Trump's impeachment trial 'has to happen'
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Access Bank seeks reversal of court order allowing Seplat access to its offices
Access Bank has filed a notice of appeal at the supreme court to object the decision of the Lagos division of the court of appeal to suspend an interim order on the assets of Seplat Petroleum Development Company. The appeal court had, on Friday, suspended the Mareva injunctionearned issued by a federal high court in Lagos over a loan that Cardinal Drilling Services Limited allegedly owed Access Bank. Read more
NCDC discloses that 4 cases of UK Covid-19 strain found in Nigeria
The Director-General, Nigeria Centre for Disease Control (NCDC), Dr Chikwe Ihekweazu, has said that 4 Nigerians had tested positive for the highly contagious new UK Covid-19 strain. According to a report from the News Agency of Nigeria (NAN), this disclosure was made by Ihekweazu at the briefing of the Presidential Task Force (PTF) on Covid-19, in Abuja on Monday, January 25, 2021. Read more
FG to engage 30,000 graduates as extension workers
The Federal Government is to engage 30,000 graduates to serve as agriculture extension workers who will provide strategic support to farmers across the country. It also announced on Monday that it had empowered 20 young Nigerian farmers with an initial take off grant of N30m, adding that the fund was provided through the Bank of Agriculture. Read more
Union Bank’s principal owner ‘considering sale of 50% stake’
The holder of the biggest stake in Union Bank of Nigeria is contemplating its future with the Lagos-based lender, as its 49.97 per cent ownership has received acquisition offers from domestic bidders, Bloomberg has reported, citing insiders familiar with the subject. Read more
Ecobank to back MSMEs with fresh N50bn loan
The Nigerian unit of Lomé-based Ecobank Transnational Incorporated (ETI) hopes to support Micro, Small and Medium Scale Enterprises (MSMEs) in the country and small corporates with a newly sourced subordinated debt in the sum of N50 billion. Such facilities permit borrowers to prioritise repayment of older loans in the case of default, and carry higher interest rates because they are often uncollateralised. Read more
Biden tells CNN Trump's impeachment trial 'has to happen'
(CNN) President Joe Biden on Monday offered his most extensive comments since taking office on former President Donald Trump's impeachment trial, telling CNN, "I think it has to happen." Biden made the comment during a brief one-on-one interview with CNN in the halls of the West Wing. He acknowledged the effect it could have on his legislative agenda and Cabinet nominees but said there would be "a worse effect if it didn't happen." Read more
Sanwo-Olu says filmmakers might need a permit to film in Lagos to avoid harassment
Lagos state governor, Babajide Sanwo-Olu has reacted to a recent outcry by Nollywood actress Toyin Abraham on the incessant harassment filmmakers encounter while filming. Sanwo-Olu revealed in an interview with Channels TV, that filmmakers might consider looking into getting state permits to shoot in areas of Lagos to avoid harassment by 'Area Boys'. He also suggested that they could seek proper permission from private property owners. Read more
Regina Daniels' husband Ned Nwoko celebrates Moroccan wife on her 30th birthday
Nollywood movie star Regina Daniels' husband, Ned Nwoko is celebrating his Moroccan wife, Laila on her 30th wedding anniversary. In a photo shared via his Instagram page on Monday, January 25, 2021, the billionaire showered praised his wife, and expressed joy at her maturity over the years. Read more
'Namaste Wahala' to premiere on Netflix as an original
Hamisha Ahuja's Bollywood meets Nollywood romantic comedy, 'Namaste Wahala' is finally ready to make its way to your screens. According to the filmmaker, the anticipated film which has been acquired by Netflix as an original, will premiere on the streaming platform on Valentines' Day. Read more
'Omo Ghetto' is officially the highest grossing Nollywood movie of all time
The 2020 comedy film has broken a four-year record formally held by Kemi Adetiba's 'The Wedding Party'. Funke Akindele and JJC Skillz' 'Omo Ghetto (The Saga)' is now Nollywood's highest grossing movie of all time. According to Cinema Exhibitors Association of Nigeria (CEAN), the 2020 comedy film has so far grossed N468,036,300 after holding the number one spot for its third week in a row. Read more
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