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Wednesday, May 27, 2026

Adron Homes Felicitates Muslims on Eid Celebration


 

Adron Homes & Properties has congratulated Muslim faithful across Nigeria and around the world on the occasion of Eid, urging them to continue embracing the virtues of peace, sacrifice, love, and unity that the season symbolizes.


In a statement issued by the management of Adron Homes & Properties, the company described Eid as a sacred period that promotes spiritual renewal, compassion, gratitude, and harmonious coexistence among people irrespective of tribe, religion, or social status.

Tuesday, May 26, 2026

Wema Bank’s One-Day MD/CEO, Chinmamanda Ozoakpata, Unveils New Benefits for Children



 At Wema Bank, we have spent the last few years reimagining what Children’s Day can look like for Nigerian children.


What started as a celebration has evolved into an intentional platform designed to build confidence, encourage leadership, promote financial literacy and create meaningful opportunities for children across different age groups.This year, we have raised the bar even higher. 


At Wema Bank’s Children’s Day Special Event held on Monday, May 25, 2026, our One-Day MD/CEO, Chinmamanda Diamond Ozoakpata, used her first official act in office to unveil a series of new initiatives designed to reward, educate and empower children through our Royal Kiddies account and ALAT Xplore platform.


From year-long cash rewards and celebrations of academic excellence to financial literacy materials and STEM challenges, here are the new incentives that were announced and how to qualify:1. Birthday Cash Gift (Royal Kiddies Account Holders)Wema bank is putting real money behind milestone birthdays. Active Royal Kiddies account holders turning 5 will receive ₦5,000, while those turning 10 will receive ₦10,000 automatically, as a birthday cash gift. The initiative runs from May 2026 to May 2027.

Monday, May 25, 2026

Reporter who investigated s£x offender Jeffrey Epstein is ‘fleeing’ the US amid attack over her coverage on it..


 A journalist who has reported extensively on late financier and s£x offender Jeffrey Epstein’s notorious New Mexico ranch has revealed that she is “fleeing the country,” after she became the victim of a “direct energy weapons” attack over her coverage.

Alisa Valdes-Rodriguez, a former Boston Globe and Los Angeles Times reporter, said she abruptly abandoned her New Mexico residence after suffering what she described as symptoms consistent with “Havana syndrome.”

 “It appears my home has been located by, well, whoever is unhappy about my reporting about Zorro Ranch and the local cover-up here and the military intelligence roots of the child sex trafficking operation Jeffrey Epstein and Ghislaine Maxwell were running here in New Mexico,” Valdes-Rodriguez wrote last week on her Substack.

Thursday, May 21, 2026

NCSP REAFFIRMS NIGERIA’S POSITION ON ONE-CHINA PRINCIPLE



 

The Nigeria-China Strategic Partnership (NCSP) has reaffirmed Nigeria’s unwavering commitment to the One-China Principle, stating that the country’s position on Taiwan remains a settled and non-negotiable matter of national policy.


The statement comes as global attention turns once again to China’s insistence on the One-China Principle, following the visit of a United States delegation led by President Donald Trump in Beijing, accompanied by America’s most powerful business executives. The visit underscored the enduring centrality of the Taiwan question in China’s diplomatic engagements, and Beijing’s consistent position that the People’s Republic of China is the world’s only legitimate Chinese government and that Taiwan is an inalienable part of its territory.

Tuesday, May 19, 2026

$8.4 Million worth of coc@ine discovered in shipment of Kim Kardashian brand underwear



 Authorities have reportedly discovered coc@ine worth an estimated $8.4 million concealed inside a shipment linked to a popular underwear brand owned by reality TV star and business mogul Kim Kardashian.

Jakub Jan Konkel, 40, was sentenced to 13 years and six months in prison on Monday for stashing a slew of drugs inside his truck carrying 28 pallets of Skims clothing from the Netherlands, according to the National Crime Agency.

Konkel, from northern Poland, was stopped by Border Force officers at the Port of Harwich in Essex, England, as he arrived on a ferry with his truck full of the celebrity shapewear last September, the agency said.

Wema Bank Announces Last Call for Submission of Entries for One-Day MD/CEO Children’s Day Initiative


As the deadline of May 20, 2026, fast approaches, Wema Bank has announced the last call for submissions for children and teens interested in participating in becoming MD/CEO of Wema Bank for one day. 


Launched in May 2025 as part of Wema Bank’s 80th anniversary celebration, the One-Day MD/CEO initiative was introduced by Wema Bank to commemorate Children’s Day in a uniquely unprecedented manner. Inspired by the Bank’s 80th anniversary theme “80 Years of Impact, A Future of Possibilities”, the Wema Bank One-Day MD/CEO initiative served as a bridge between past and future, giving children across Nigeria the once-in-a-lifetime opportunity to become the MD/CEO of Wema Bank for one day—Children’s Day. 

Friday, May 15, 2026

Wema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc




 

General Comments

Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the defunct Gulf Bank Plc. We unequivocally reject these claims, which are inaccurate, malicious, and clearly intended to distort the true position. For the benefit of our stakeholders—shareholders, customers, regulators, and the general public—we set out below the factual background to the transaction.


The Original Exposure and Default

In 2002, Wema Bank Plc (the Bank) made an inter-bank placement with Gulf Bank Plc in the sum of ₦4.6 billion. By August 2004, that exposure had been reduced to approximately ₦1.2 billion, after which the outstanding obligation became delinquent. In seeking to recover depositors' and shareholders' funds, Wema Bank pursued lawful recovery steps, which ultimately dovetailed into a criminal investigation of the then Managing Director of Gulf Bank Plc.

Promasidor Nigeria Marks International Day of Families, Advocates Child Well-Being and Stronger Family Support Systems


 

Promasidor Nigeria, a leading player in Nigeria’s fast-moving consumer goods (FMCG) industry, is commemorating this year’s International Day of Families with a renewed call for stronger support systems that promote child well-being and help reduce inequalities affecting families across the country.


Observed globally on May 15, this year’s theme, “Families, Inequalities and Child Wellbeing,” highlights the urgent need to address disparities in access to nutrition, education, care, and opportunity factors that continue to shape the future of millions of children.

Thursday, May 14, 2026

US Federal Court Jails Nigerian‑Born Professor For 5 Years And 10 Months Over $1.4m Donor Fund Theft


 A United States federal district court in Michigan has sentenced Nkechy Ezeh, a former executive director at the Early Learning Neighbourhood Collaborative (ELNC), to 70 months in prison for orchestrating a scheme that diverted $1.4 million in taxpayer and donor funds meant for vulnerable preschool children.

British man hauled out of Italian bar when he was meant to be in quarantine for hantavirus


 A British man in his 60s has been detained in a bar in Italy despite being under strict quarantine orders linked to the growing hantavirus outbreak connected to the MV Hondius cruise ship.

The man and his travelling companion were apprehended in Milan before being transferred to hospital facilities at Sacco Hospital. Authorities had ordered the pair to remain in isolation until June 6 as part of a 42-day quarantine period following possible exposure to the virus.

Tuesday, May 12, 2026

Iran's Parliament speaker issues ultimatum to U.S. over peace proposal


 

On Tuesday, May 12, Iranian Parliament Speaker Mohammad Bagher Ghalibaf issued a firm ultimatum to the United States, demanding the acceptance of Tehran’s 14-point peace proposal or the prospect of continued "failure."

This defiant message follows US President Donald Trump’s rejection of Iran’s latest counteroffer, which the U.S. president slammed as “TOTALLY UNACCEPTABLE!”, stating that a fragile ceasefire in place since April 8 was on “life support.”

Ghalibaf asserted that Washington must acknowledge the "rights" of the Iranian people to resolve the more than two months of conflict, warning in a post on X that “There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal.

Adron Homes Felicitates Muslims on Eid Celebration

  Adron Homes & Properties has congratulated Muslim faithful across Nigeria and around the world on the occasion of Eid, urging them to ...