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By Aminat Gusanu Wema Bank, in a collaborative move with Enza group, a pioneering payment platform, has announced a strategic partnership aimed at revolutionizing the landscape of secure and cost-efficient payment solutions for businesses. This partnership centers around harnessing the advanced payment solutions provided by enza group to fortify Wema Bank’s existing e-commerce payment capabilities. In a recent statement, enza group highlighted that this collaborative effort would usher in a new era of enhanced service quality for merchants, coupled with fortified payment security, heightened service reliability, and substantial cost savings through optimized transactions. Tunde Mabawonku, Wema Bank’s Executive Director of…

Residents of Yewa North Local Government Area of Ogun State,have expressed their dissatisfaction with the planned commissioning of the Ibooro/Imasayi/Ayetoro road by the state  Governor, Dapo Abiodun.  PLATFORM TIMES gathered that the  controversy arises from the fact that only a portion of the road has been completed, leaving a significant stretch unfinished. Concerned citizens were raising their voices against what they consider a premature celebration of an incomplete project. “This is not how it’s done in other places like Remo, Egba, and Ijebu axis,” exclaimed one resident. The sentiment is echoed by many who believe that the…

In the ongoing debate over the removal of subsidy on Premium Motor Spirit (petrol), oil marketers have advised President Bola Tinubu to consider a phased approach to the subsidy relaxation due to challenges faced by importers in accessing US dollars and the resulting impact on businesses.  This recommendation emerged on Tuesday, as President Tinubu stood firm in rejecting any fuel price increase and reversal of the fuel subsidy. Marketers of petroleum products highlighted the experience of Kenya, which had to reintroduce subsidies on petrol after removing them due to the severe consequences on its citizens.  “Let them…

In a bid to foster enduring growth and stability, shareholders of First Bank Nigeria Limited, under FBN Holdings Plc, have rallied for an amicable resolution to the ongoing dispute over control of the bank.  Concurrently, they have given their stamp of approval to a comprehensive dividend payout amounting to N17.9 billion for the 2022 financial year, translating to 50 kobo per investor. During the bank’s 11th annual General Meeting, conducted virtually on Tuesday, shareholders beseeched regulatory bodies to ensure that any ousted director from a publicly listed corporation relinquishes their shares and relinquishes their position on the board.…

Former National Chairman of the All Progressives Congress (APC), Senator Adams Oshiomhole, has drawn attention to the challenging economic conditions inherited by President Bola Tinubu’s administration.  During a meeting with Vice President Kashim Shettima at the Presidential Villa, Senator Oshiomhole revealed that the nation’s revenue was stretched thin, with a staggering 96% of its income allocated towards servicing its debt obligations. Senator Oshiomhole emphasized that the economic situation inherited by President Tinubu’s administration was far from ideal, characterizing it as a “terrible economic situation.”  He noted that this dire scenario led to the need for unconventional measures…

In the wake of Monday’s MI 171 Airforce Helicopter crash in the Chukuba communities of Shiroro Local Government Area (LGA), Niger State, residents are fleeing their homes due to the extensive deployment of troops and equipment by the army.  The helicopter had been carrying casualties of a bandit ambush on soldiers in Zenguru, Wushishi LGA, ultimately crashing in Chukuba, Shiroro LGA. Tragically, at least 21 soldiers and officers lost their lives, while more than 50 bandits were reportedly eliminated during the Sunday ambush.  The predominantly farming and fishing villagers are now seeking refuge in nearby communities such…

A startling incident in Adamawa State has captured attention as a 23-year-old man, Tangla Isuwa, narrowly escaped a mob attack after reportedly confessing to practicing witchcraft.  The young man claimed to have transformed his neighbor, Danladi Markus, into a chicken for an astonishing three-week period. Hailing from Dong community in Demsa Local Government Area, Tangla allegedly implicated Markus, attributing the transformation to his belief that Markus had engaged in witchcraft that led to the death of Tangla’s father within their community. The confrontation escalated when enraged youths within the community confronted Tangla, subjecting him to a violent…

Abia State Police Command has successfully apprehended Adaeze Lawrence, a resident of Amaogbonna Road, off Osisikankwu  Street in Aba, on charges of allegedly abducting a one-month-old infant. The apprehension took place on August 14 when the Abia State SWAT team acted on credible information and swiftly carried out the arrest in Aba. In a press release issued by Chioma Maureen Chinaka, the Police Public Relations Officer (PPRO) of the Command, on behalf of Police Commissioner Kenechukwu Onwuemelie, it was disclosed that the suspect, Adaeze Lawrence, confessed during interrogation to abducting the child from the residence of Owujie Onyinyechi…

Prof. Cyril Ndifon, the Dean of the Faculty of Law at the University of Calabar (UNICAL), has found himself at the center of a controversy surrounding allegations of sexually harassing female students.  The allegations came to light when a viral video captured law students accusing Ndifon of sexual assault and harassment. On Monday, August 14, 2023, a group of female law students took a stand by protesting at the office of UNICAL’s Vice-Chancellor, Prof. Florence Obi.  They raised concerns about alleged sexual harassment by the Dean, along with claims of extortion by some of their lecturers.  …

In a bold move to fortify its market presence, Access Bank Plc has set a groundbreaking course by introducing custody services, providing its clientele with a fortress-like protection and management for their valuable financial assets. The announcement was officially declared by the Managing Director of Access Bank, Roosevelt Ogbonna, through a statement released in Lagos on Tuesday.  Ogbonna emphasized that this strategic expansion into custody services followed the successful acquisition of regulatory approvals from the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) in the preceding December of 2022. This newly introduced service,…