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Joshua Iginla Speaks on 80,000 multibillion Naira city of Wonders

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” I am still in the Primary school of my assignment”

Leading Prophetic voice and Shepherd in Charge of Champions Royal Assembly, Bro. Joshua Iginla, has finally broken the silence on the world record 80,000 sitting capacity auditorium known as City of Wonders that he is building in Kubwa, Abuja.

The fiery prophet opened up on the cathedral that has stirred up a lot of envy in Christendom during the 9th anniversary of the ministry on Sunday, December 6, 2015 inside the city of Wonders. He cleared the air by admitting that the building is indeed a 80,000 seater and that the design was by a Nigerian under the inspiration of the Holy Spirit.

“i got the revelation about the city of wonders in 1996. The whole building as it is now is just 13 months. A lot of people asked if its indeed a 80,000 seater and i can tell them that indeed it is but you cant describe it until you visit the place. Let me shock you more. This is not the promised land God is taking me too. The city of Wonder is just my primary school in the journey of my ministry. And by Gods grace, we never borrow a dime nor seek for any support from any politician. After the cross over night on December 31st, 2015 we will be using it as our permanent place of worship”.

.  The multi-billion naira project is already  roofed and only a visit to the ultramodern edifice can help one to grasp the extent of aesthetic wonders displayed over there and chunks of billions sunk inside the vast empire.
Sitting on several hectares of land,  the auditorium is a massive entity.  It’s like a four giant storey edifice with five detached elongated angles  entangled to a singular auditorium.  Each of the gallery sits thousands of worshipers while each detached  angles is a massive auditorium on its own.
The roof of each compartments is like the Jewish temple which speaks of wonders. A visit to the clergy’s office at the city of wonders revealed that its also a four floor edifice which strictly his office. When completed it will house his studio, computer room, control room, reception amongst others and has its own personal lift.

The international headquarters of the ministry called Champions City of Wonders sited at Chikakore, Kubwa, Abuja is arguably a record breaking 80,000 capacity auditorium which is arguably the biggest in the world when completed. It sits on hectares of land with 350 toilets and four floors. Surprisingly, the world class ultra modern auditorium has 12 escalators, nine electronically operated elevators and three hectares of car park.

Meanwhile, It was glamour and glitz as Bro. Joshua led Champions Royal assembly held their 9th anniversary in a powerful way. Popular gospel artistries, Chioma Jesus, Solomon Lange and Steve Crown added colour to the glorious service when they led the worshippers to the throne of grace through the rendition of their hit songs.

Steve Crown’s track, “You are Great” stirred the congregation to the mood of worship while Solomon Lange’s popular song, yabo raised the Tempo to high heavens.

Also, a Baby girl was delivered by a female participant within five minutes. While Bro. Joshua iginla was ministering on power demonstration.she went into labour and within five minutes the baby girl was born.

Being the first miracle baby at the city of wonders, Bro. Iginla named her Esther immediately and declared that he is giving the new baby girl a scholarship to university level.

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Wema Bank Emerges Best Performing Bank in Half year 2022

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Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating 12 other bank’s.

 

According to a special report on the Nigerian banking performance in the first half of 2022 prepared by Nairametrics, Wema Bank ranked first in one category, second in three categories and third in one category. Stanbic IBTC and First Bank came second and third respectively..

 

The key metrics considered in the report are total asset growth, loan book growth, profit growth, cost-to-income ratio movement, and return on average equity.

 

The 13’reviewed banks which are listed on the Nigerian Exchange posted a net profit of N1 trillion in 2021 from N887.1 billion recorded in 2020.

 

The 13 reviewed banks are Wema Bank, First Bank of Nigeria, FCMB, GTB, Jaiz Bank, Access Bank, and Stanbic/IBTC. Others are UBA, Sterling Bank, Unity Bank, Union Bank, Zenith Bank, and Fidelity Bank.

 

During the first six months of 2022, the thirteen banks posted an aggregate of N501.1 billion as profit after tax, representing an increase of 13.1% compared to N443.17 billion recorded in the corresponding period of 2021

 

The banks grew their bottom line despite headwinds ravaging the global economy as the energy crisis triggered a significant surge in the operational costs of businesses operating in the country, while some banks were forced to ration their operating hours in a bid to manage the rise in the cost of operation.

 

Wema Bank came first in the category of

Leading bank’s by customer deposits growth . The bank recorded ±30.2 percent customer deposit growth during the review period, followed by Fidelity Bank and Access Bank with +13.1 percent and +12.8 percent respectively.

 

Wema Bank came second in three other categories – total assets growth rate (+13%), loan book growth rate (+19.9%) and profit after tax growth rate {+47.8%}.

 

Stanbic IBTC , the second place winner, ranked first in total asset growth rate and leading bank’s by cost to income ratio growth rate

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Again! FCMB Lands IN Serious Trouble Over False Claim…… As Court Orders Bank To Pay N540m Damages.

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First City Monument Bank (FCMB) is in hot soup as the Federal Capital Territory (FCT) High Court has ordered the bank to pay N540.5 million in damages to Pastor Emmanuel Omale of the Divine Hand of God Prophetic Ministry and his wife, Deborah over false claim that they laundered N573 million for former chairman of the EFCC, Ibrahim Magu.

Delivering judgement in the suit, Yusuf Halilu, the judge, held that the bank breached its “duty of care to the claimants,” the Omales and their church.

The judgment was on the suit marked: FCT/HC/CV2541/2020 filed by Mr. Omale, his wife and the church.

The judge held that the evidence before the court showed that the bank admitted error in its report to the NFIU of entries in the account of Divine Hand of God Prophetic Ministry which was accused of laundering money on Mr. Magu’s behalf.

Mr. Halilu also said the bank claimed that the purported N573 million was wrongly reflected as credit entry in Divine Hand of God Prophetic Ministry’s account by its reporting system, which it recently upgraded.

The judge held that FCMB admitted the error, which brought incalculable damage to the reputation of the claimants both within and outside the Nigeria – depleting their church’s membership.

Mr. Halilu said the claimants provided sufficient evidence to establish case of negligence against FCMB.

Consequently, the judge awarded N200 million as aggravated damages; N140.5 million as specific damages and N200 million as general damages.

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More Troubles For Dangote Cement As Kogi Govt Demands 10 Per Cent Share, Orders Immediate Seal Off

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However, Dangote Cement is facing allegations of sharp practice from Kogi State government, Kogi Assembly as well as Akwa Ibom State.Already, the Kogi State House of Assembly has ordered stoppage to the activities of the company in two Local Governments in the State while investigations continue.

To make the claim possible, Kogi State House of Assembly ordered the management of Dangote Cement company to provide all necessary documents that have to do with the transfer of Obajana Cement Company owned by Kogi state government to Dangote Cement Company.

The House also directed that the documents signed at the establishment of the Company and relevant receipts of dues it claimed to have paid to Kogi State Government available at the next adjourned sitting date.

The speaker of Kogi State House of Assembly, Matthew Kolawole, gave the order after interim reports of the ongoing investigative hearing on Internally Generated Revenue (IGR) which was submitted by the ad hoc committee led by Hon. Isah Tenimu Umar, Member Representing Lokoja I Constituency and deliberated upon at the plenary on Wednesday.

Kolawole said this has become important in view of the claims and counterclaims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and representatives of Dangote Cement as the acting chairman of KGIRS, Salisu Enehe had earlier accused Dangote Cement Plc Obajana of forging its tax receipt during the investigative hearing by the State House of Assembly.

According to the State Revenue Boss, most of the figures the company claimed to have paid are totally incorrect, urging the company to check its record.

He added that despite the billions of Naira that company is making from the state monthly, it has failed to pay taxes that are due to the state and Lokoja Local Government Area.

Nigerians Getting ₦1,593,247 Per Week From ₦99,000 Investment in Amazon
Nigerians Getting ₦1,593,247 Per Week From ₦99,000.

In another development, Following the unrestrained environmental degradation in Ankpa and Olamaboro local government areas, Kogi state House of Assembly on Wednesday, directed the Commissioner of Police and Commandant of the Nigeria Security and Civil Defence (NSCDC) to seal off operations of Dangote Plc in the affected areas of the State.

The House gave the order during a public hearing on activities of Dangote Group in the state, especially on the the massive exploitation , environmental degradation and non compensation to the affected owners of the land and without revenue accruing to the state government.

The Speaker, Kogi state House of Assembly, Mathew Kolawole, charged the NSCDC commandant to ensure immediate implementation pending when the ad hoc committee on revenue clarifies some grey areas. Kolawole, who lamented the environmental degradation caused by mining activities on Kogi by the Dangote group and its subsidiaries, accused the multi national business concern of making billions in the state but yet fails to give back to it.

Akwa Ibom is also finding it difficult to collect its entitlement from the Dangote Group. According to reports from the place, the Itu Local Government blocked Dangote premises with their trucks because the company has refused to pay tax for more than two years despite pleas and series of warnings.

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