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NB PLC FLAGS-OFF 2017 MALTINA TEACHER OF THE YEAR

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Nigerian Breweries Plc has flagged-off the 2017 Maltina Teacher of the Year initiative. In an event attended by key education stakeholders across the country, the Managing Director of the company, Mr Nicolaas Vervelde, represented by the Corporate Affairs Adviser, Mr Kufre Ekanem said that applications for the 2017 Maltina Teacher of the Year opened on Tuesday, May 09, 2017.

Interested teachers are advised to download application forms from the Maltina website – www.maltina-nigeria.com. Application forms should be completed and uploaded to the website or sent by email to maltinateacheroftheyear@heineken.com or post to P.M.B. 12632, Marina, Lagos.

Applications are accepted from both Public and Private Secondary School teachers across the country and entries will close on Friday 7th July 2017.

Like last year, each State Champion will get Five Hundred Thousand Naira (N500, 000.00) and the Top 10 teachers will be recognized before the grand winners are announced. The 2nd and 1st runners-up will receive trophies and an additional Seven Hundred and Fifty Thousand Naira (N750, 000.00) and One Million Naira (N1, 000, 000.00) respectively.

The Maltina Teacher of the Year 2017 will get an additional One Million Naira (N1, 000, 000.00) instantly plus One Million Naira every year for the next five years, a development training opportunity abroad and a block of classrooms built at the school where he/she teaches.

The grand finale is scheduled for October 12, 2017

Below are photos from the flag-off ceremony

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From Left to Right: Mr. Wole Oyeniyi Deputy General Secretary, Nigerian Union of Teachers, Mr. Kufre Ekanem, Corporate Affairs Adviser, Nigerian Breweries Plc; Mr. Imoh Essien, 2016 winner, Maltina Teacher of the Year; Professor Aloy Ejiogu, Faculty of Education, University of Lagos, guest presenterand Mr. Frank Udofia, Honourable Commissioner for Education, Akwa Ibom, at the flag-off of the 2017 Maltina Teacher of the Year in Lagos on Tuesday

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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