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Kingsley Nwankwo Arrested, Remanded In Custody Following Libel, Slander Allegations

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In a recent development, one Mr Kingsley Nwankwo has been arrested and remanded in custody by the Lagos police following allegations of conducting himself in a manner likely to cause breach of peace by making slanderous publications and libelous statements on social media against Gtext Homes and its Chairman.

The magistrate court document reads, “That you Kingsley Nwankwo ‘M’ on or before August 2021 at GTEXT Holdings at No 25A Lola Holoway Street, Ikeja, Lagos, did conduct yourself in a manner likely to cause breach of peace by making slanderous publications and libelous statements on Social Media against one Dr Stephen Akintayo and his Gtext Holdings Company Ltd thereby causing him irreparable loss before his clients running to millions of Naira and thereby committed an offence punishable under Section 168(d) of the Criminal Laws of Lagos State Nigeria.”

The suspect, Kingsley Nwankwo, who was brought from custody to the court with other offenders under heavy armed guard, was returned to custody after his trial was fixed to commence on 12 to 14th February, 2024.

It would be remembered that a petition had officially been filed by Gtext Homes against Mr Kingsley Nwankwo, alleging slanderous publications and libelous statements made on social media and via blogs targeting both the company and its chairman.

The petition successfully passed approval with the Director of Public Prosecutions (DPP) giving the green light for legal proceedings. The case has been assigned to the Magistrate Court in Ikoyi, where a preliminary hearing took place. He was arraigned on November 29, 2023.

During the preliminary hearing, Kingsley Nwankwo, who had earlier been arrested for his alleged campaign of calumny, was granted bail by the presiding Magistrate Mcdavies Amore, contingent upon the fulfilment of specific bail conditions, which sources state he couldn’t fulfil.

Mr Nwankwo had gone on what can best be described as a social media rampage by sponsoring stories, articles and posts targeted at tarnishing the company’s good image. While the case continues to unfold, it is noteworthy that the Nigerian police is beginning to take steps to ensure the safety of businesses and its owners both online and offline, just as evidenced by the swift arrest and prosecution of Mr Nwankwo. This is all to help business owners targeted by mischief makers seek legal redress in a timely manner.

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UBA Announces Appointment of Henrietta Ugboh as Non-Executive Director 

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As Owanari Duke Retires from Group Board

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ngozi Ugboh as a Non-Executive Director on the Group’s Board.

 

 

The appointment has been duly approved by the relevant regulatory bodies including the Central Bank of Nigeria (CBN) whose approval was granted last Friday.

 

 

 

UBA’s Group Chairman, Tony Elumelu, who commented on the appointment, said, “Henrietta Ngozi Ugboh exemplifies the qualities of a seasoned banker and professional, with decades in her banking career.”

 

 

 

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Ugboh holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and is an alumnus of the Harvard Business School. She has over 30 years experience in banking and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA).

 

 

 

Elumelu added that with her considerable experience and expertise which spans Commercial Banking, Credit, and Risk Management, amongst others, the Board is excited about the positive accomplishment she will bring to the bank, adding, “We look forward to her invaluable contributions to the Group.”

 

 

 

The Board also announced the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director, who joined the UBA Group Board in October 2012.

 

 

 

During her tenure, Mrs. Owanari Duke provided distinguished leadership, serving on numerous Committees of the Bank such as the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee and Statutory Audit Committee.

 

 

 

On behalf of the board, Elumelu expressed deep appreciation to Mrs. Duke for her dedication and significant contributions to the Group, wishing her the best in her future endeavour.

 

 

 

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than forty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services

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Kano Socialite, Hafsat Gold In Trouble As EFCC Invites Her Niger Republic In-laws For Abusing Naira Notes.

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The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a viral video where the nation’s currency, Naira, was freely sprayed at a wedding ceremony in Kano, Kano State on Friday, October 24, 2024.

 

 

Allegations of the abuse of the Naira were imputed to Mrs Fauziya Danjuma Goje, daughter of Senator Danjuma Goje, by Nigerians from all walks of life, including an Editorial by a leading and respected National Newspaper.

 

As a responsible and accountable anti-corruption agency campaigning against currency mutilation and dollarization of the economy, the EFCC swung into action by analysing the video and findings showed that the alleged naira abuse actually happened but not at the wedding of Goje’s daughter but at the wedding dinner of Amina Babagana Zannah held on the afore-mentioned date.

 

 

Zannah is the daughter of Hajara Seidu Haruna (a.ka. Hafsat Gold Nigeria) who is the Chief Executive Officer of Hafsat Jewellery Enterprise with offices in Abuja, Kano and Dubai (United Arab Emirate).

 

Haruna confirmed the viral video. She admitted that the alleged naira abuse took place at the wedding dinner of her daughter on October 24, 2024. The bridegroom, Ibrahim Mohammad hails from Niger Republic and those that allegedly sprayed naira notes and dollar bills were from the groom’s family in Niger Republic.

 

The Commission has invited the Nigerien groom, Mohammad, to report at its national headquarters in Abuja, with everyone that sprayed naira notes at his wedding with Zannah.

 

 

While the EFCC appreciates the consciousness its campaigns against naira abuse is building across the country, it will not move against anyone wrongly accused of an alleged crime. The Commission remains steadfast in this crusade and would spare no offender , no matter how highly placed.

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Godwin Obaseki inherited N55 billion debt in 2016, leaving N410 billion in 2024: Transition Report…..

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The Transition Committee of the All Progressives Congress has recommended a probe into more than N410 billion in local and foreign debts allegedly owed by the Edo government.

 

 

The committee made the recommendation on Monday in its report presented to Monday Okpebholo ahead of his inauguration on Tuesday as Edo’s fifth democratically elected governor.

 

Presenting the document, Pius Odubu, the chairman of the committee, said the committee was presented with N410 billion in debts as against the N55 billion inherited by the outgoing government in 2016.

 

“For those of you who have the capability to fact-check, you will find out that the indebtedness today is much more. It is over N500billion,” he said.

 

 

Mr Odubu, an erstwhile deputy governor, said the committee also recommended a review of memoranda of understanding on the management of Central and Stella Obasanjo hospitals.

 

“All employment carried out in the recent past should be cancelled, while the governor should investigate the true ownership of the Ossiomo power plant and Radisson Blu Hotel.

 

“The same with the Museum of West Africa Arts-MOWAA. We deserve to know the state’s equity in these companies as the outgoing government went blank on these enquiries.

 

“We also demanded a comprehensive review of the World Bank-funded EdoBest programme, and a probe should be instituted to uncover its rather opaque operations,” Mr Odubu explained.

 

 

“Mr Odubu added, “All major contracts issued by the state government under the Ministry of Roads and Bridges should be reviewed as they appear not to have followed due process, including the payment advance awarded to the contractors.

 

“The procurement agency indicted the government in its own report to the transition committee. Hence, we have advised the incoming governor to take a critical review.”

 

 

The committee chairman also called for streamlining the ICT ecosystem in the state, which he said appeared to be a duplication of duties.

 

“The outgoing government didn’t provide audited financial statements published or unpublished. Hence, the committee is advising the government to institute an inquiry into this.

 

 

“The government couldn’t account for the number of teachers in the state. Hence, we demand a proper teacher headcount,” Mr Odubu said.

 

The committee chairman said the document, comprised of a 24-page report and 800 annexures, was a product of three weeks of rigorous assignments, meetings, interactions, engagements and analyses of the documents presented to the committee.

 

(NAN)

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