Wednesday, 24 May 2017


The Communicator organizes first Elevate Your Communications Summit for creative people.
The inaugural event is scheduled for May 25th 2017, online via a webinar-styled conference with seasoned industry experts as facilitators. It is specifically designed for Content Writers, Engagement Mangers, Graphic Artists and other team members who form a Communications team either internally in an organization or externally in an agency. 
Packed with a line up of speakers to dissect several topics are Nkiru Olumide-Ojo, Executive Head, Corporate Communications Stanbic IBTC; Aligning with a Business’ Critical Need, Oluwaseun Shobo, The Brand Master on Personal branding for Creatives, Nelly Abgogu, Nellies healthy foods; Community Building for brands, Mitchelle Defounga, Creative Director, Noah’s Ark, Design; Aesthetics versus Functionality and George Omoraro, Ragemedia Global on Growing in a Digital team.
This hands-on workshop will discuss the importance of communications in a Business and how their roles make them gatekeepers of several brands.
According to the lead consultant, Tracy Oyekanmi, also known as The Communicator, “Businesses need competent staff to be relevant online and we can also leverage the online space to organize trainings that would benefit people in such roles nationwide.  Twenty years ago, some of these roles didn’t exist and the need for capacity development is necessary especially for entry-level staff in these roles.”
Attendees will receive a certificate of participation, discounts on further training from Simon College of Marketing- Nigerian learning partner to undertake Digital Marketing Institute certification as well as gym membership for work life balance with B Natural SPA Group.   There will also be access to further mentorship in an exclusive online group after the event.
The submit is free to attend but registration is compulsory here

Wednesday, 17 May 2017

Court Orders CBN To Account For Cash And Properties Recovered From Cecilia Ibru

The Court of Appeal in Lagos has affirmed the verdict of a Federal High Court in Lagos directing the Central Bank of Nigeria (CBN) to disclose the total cash and value of properties recovered from the former Managing Director of Oceanic Bank Cecilia Ibru.
The court also ordered the CBN to disclose the whereabouts of the money and property recovered, and what part of this cash and properties have been returned to Oceanic bank and its shareholders.
The affirmation of the judgment of the Federal high court was as a result of suit filed by a Lagos lawyer, Mr Chuks Nwachkwu on behalf of a shareholder of Oceanic Bank, Mr Boniface Okezie, urging the court to compel CBN to make disclosure of the following:
1 (a) The cost of Central Bank of Nigeria and the Government of the people of Nigeria so far of the banking reforms instituted by the Central Bank and particularly,
(b) The amount of legal fees paid and to be paid to professionals and professional bodies,
(c) How much or the amount in (a) above represents fees paid and to be paid to the firms of
1 Olanihun Ajayi LP of Adunola, Plot 12, 401 Close Banana Island Ikoyi, Lagos.
2 Kola Awodein & CO. of 6th Floor UBA House, 57,marina,Lagos.
(d) What is the total sum paid to the firm of Olaniwun Ajayi in respect of prosecution of Cecilia Ibru, former Managing Director of Oceanic Bank Plc, and how much of this sum was in the form of commission on the property recovered from her.
(e) The total cash and value of properties recovered from Cecilia Ibru.
(f) The whereabouts of the money and properties recovered.
(g) What part of this cash and properties has been returned to Oceanic Bank and/or its shareholders.
In an affidavit sworn to by a legal practitioner Kingsley Ishicheli and filed and argued by Barrister Chuks Nwachukwu, before a Federal High Court in Lagos, it was averred that Mr Okezie in a letter titled: Request for the information under the Freedom of Information Act 2011, addressed to the Governor of Central Bank of Nigeria to release to him the aformentioned information.
In view of the fact that CBN is a public body, an agency of the institution of the Federal Government of Nigeria created by law and bound under the Freedom of Information Act 2011 to make available to him the information requested for by him , but CBN in breach of its duty neglected, refused and failed to make available to him despite acknowledging the receipt of his letter.
Mr Okezie stated that the Governor of Central Bank of Nigeria had been involved in free and non transparent spending of public funds even to the chagrin of the National assembly and he also heard the rumors that the Governor of Central Bank and his associates have either embezzled, misappropriated or otherwise dissipated the funds running into hundreds of billions of Naira recovered from Cecilia Ibru and cannot render account for them.

However in its response the CBN, contended that ,though it received the letter of request of Mr. Okezie, the information requested for relates primarily to the professional fees paid to two law firm of lawyers handling various matters for CBN and for which it was advised by its legal Department against releasing the requested information as it would amount to a violation of the legal Practitioner -Client privilege and that the information sought in the said application relate to the contractual relationship and negotiation between the CBN and legal practitioners and professionals engaged by CBN for their services to the Bank, and if disclosed, would adversely interfere with the contract and the negotiations for services between the bank and those professionals as it is a momentous condition of the service by those professionals to the bank that their remuneration shall never be disclosed to any third party

On the 2nd of October, 2012,the presiding Judge Mohammed Idris, in his judgment refused to grant reliefs 1(a),(b) (c) and (d) whilst reliefs (e),(f) and (g) were granted.
The two parties appealed the judgment, having been dissatisfied with order of the court ordering it to disclose the total cash and value of properties recovered from Cecilia Ibru.

The CBN later filed an appeal urging the court to upturn the judgment of the Federal High Court.
In a similar manner, Mr. Okezie in its appeal, urged the appellate court to grant the reliefs that the Federal High Court in Lagos refused to grant.

—–The Elites

Friday, 12 May 2017

Witness slumps, dies in Lagos court

There was pandemonium inside an Ikeja High Court on Thursday after an unnamed witness slumped and died just before testifying in a land matter.
The News Agency of Nigeria (NAN) reports that the deceased, who was in his late 30s, had come court to testify before Justice O.A. Olayinka

“Before the case was called for trial, he started coughing and gasping and had to leave the courtroom.
“He was vomiting a lot of blood and onlookers were scared to go near him.
“He collapsed on the corridor of the courtroom and a medical team came in an ambulance to take his body away.
“His lawyer informed Justice Olayinka of his death and she immediately stopped proceedings for the day,” a witness said.

When NAN visited the courtroom, blood was seen on the corridor of the courtroom as well as the blood-stained shirt and leather slippers of the deceased.
A court registrar, who pleaded anonymity, told NAN, “I am not authorised to speak on what happened in court today. It is only the chief registrar that can speak.”
The chief registrar was unavailable as he was having a meeting with the chief judge and chief security officer of the court.

Source : QED

258 more Nigerians return from Libya

No fewer than 258 more Nigerian returnees from Libya arrived the country on Thursday aboard a chartered Airbus A330-200 with registration mark 5A-LAT operated by Libya Airlines.
The aircraft landed about 9:43 pm at the Murtala Muhammed International Airport, Lagos.
The 258 voluntary returnees, who include four children and one infant, were made up of 233 males, 25 females.

Their return was facilitated by the International Organisation for Migration (IOM) and the Nigerian embassy in Libya.
They were received at the Hajj Camp area of the airport by officers of the Nigerian Immigration Service (NIS), the National Agency for the Protection of Trafficking in Persons (NAPTIP) and the Police.

Addressing newsmen, Director-General of NAPTIP, Julie Okah-Donli, said the agency was particularly interested in those that were trafficked.
“After the profiling have been done, for those that have been trafficked, we will take them away to our shelters,” Ms Okah-Donli said.
According to her, the agency is working with the international community to clamp down on the trafficking syndicate.

“They are doing their investigation and very soon we will be able to come out with effective results,” she said.
Also, Director, Search and Rescue National Emergency Management Agency (NEMA), Dr Onimode Bandele, said some of the Libya returnees had medical issues.
He said some of them were suffering from depression and malnutrition, while one person sustained gun injury.

Oando seeks approval to refurbish refineries

Mr. Wale Tinubu, the Managing Director, Oando Plc on Thursday said that the company would seek approval from the Federal Government for the refurbishment of one or two refineries.
The Company’s facts behind the figures at the Nigerian Stock Exchange (NSE) in Lagos, show that refurbishment of the refineries would enable the country to end fuel importation.
Tinubu stated that the company would take advantage of its indigenous status by participating in the Federal Government bid.

He added that militancy was affecting its production in the Niger Delta and that 2016 was also a challenging year for companies due to foreign exchange challenges.

He added that the company contended with problems of liquidity constraints, Naira devaluation and a slump in oil earnings due to low oil prices as well as insurgency in the Niger Delta.
According to him, the company has mapped out strategies to mitigate the foreign exchange challenges, as 90 per cent of its earnings focus will be on dollar, while 10 per cent will be in naira.
On the midstream, Tinubu said that the company would invest in acquisition of NIPP grid connected power utilities in the current financial year.

He stated that the company would commence phased development of gas distribution system in Tema industrial area Ghana in 2018.
The company in 2016 financial year posted a profit after tax of N3.5 billion, against a loss after tax of N47.6 billion posted in the preceding period of 2015, he said.
The company posted a turnover of N569 billion against N380 billion recorded in the comparative period of 2015, representing an increase of 49 per cent.

Its net debt reduced by 35 per cent to N230.6 billion in contrast with N355.4 billion posted in 2015.
Tinubu attributed the performance to its proactive and timely execution of its restructuring programme of growth in upstream division.
He said that some divestment embarked upon by the company during the period under review resulted in a net debt reduction of 125 billion dollars.
Tinubu stated that 2016 saw the country plunge into a recession for the first time in over two decades.
Mr Haruna Jalo-Waziri , NSE Executive Director, Capital Market commended the company for coming for the facts behind the figures.

Jalo-Waziri said that timely and accurate information helped investors in making the right investment decision.
He also urged the company to always comply with good corporate governance, noting that the exchange would continue to provide the needed platform for quoted companies to excel.

Fellaini heads Utd into Europa League final

The second leg of the Europa League semi-final saw Manchester United and Celta Vigo play a 1-1 draw at Old Trafford on Thursday. The draw secured a 2-1 aggregate win for United, taking them into the final of the Europa League.

Having won 1-0 in Spain a week ago, Marouane Fellaini extended United’s aggregate advantage in the 17th minute at Old Trafford when he headed in from Marcus Rashford’s deep cross.
However, Celta set up a tense finish when Facundo Roncaglia scored with four minutes remaining.
Both Roncaglia and Eric Bailly were sent off after a heated confrontation and John Guidetti missed a gilt-edged chance to send Celta through on away goals when he failed to convert with the final kick of the match.

United will face Ajax in the final in Stockholm on Wednesday, May 24, after the Eredivisie side beat Lyon 5-4 on aggregate.
It will be the first opportunity for United to win the Europa League trophy – the only major European trophy missing from their collection – and with a top-four finish in the Premier League looking unlikely, victory in Stockholm will secure a place in the group stage of the Champions League for United.

Jose Mourinho’s men have already won the EFL Cup, victory in Europa league final will give them a chance to win the double in his first season in charge at Old Trafford.
Having made eight changes in the 2-0 defeat to Arsenal on Sunday, Mourinho reverted back to the side that won the first leg against Celta 1-0, with Paul Pogba, Marcus Rashford, Antonio Valencia and Fellaini returning to the starting line-up.

Thursday, 11 May 2017

To prioritise Europa League is a decision based on common sense, Celta game most important for us – Mourinho

Manchester United manager Jose Mourinho has explained his decision to prioritise winning the Europa League over finishing fourth in the English Premier League.
Ahead of the semi-final second leg against Celta Vigo on Thursday, Mourinho rested first-choice players in Sunday’s 0-2 Premier League defeat by Arsenal.
Manchester United lead Celta 1-0 from the first leg in Spain and victory in the final against Ajax Amsterdam or Olympique Lyonnais would seal a place in next season’s Champions League.
“The situation is simple — 17 matches in seven weeks with 16 players is impossible.
“It was not a gamble, it was a simple decision. A decision based on common sense, Mourinho said”.
He went on to state; “When we lost these players in a period of seven matches in seven weeks it was the impossible job. It was not a gamble but a consequence of the situation we are in.
“To be in the final would be very important to fight for the only trophy the club has never won before.
“We will do tomorrow (Thursday) what we have done since the start of the season which is to fight hard,” he said.

On the importance of Celta game

The United boss has described his side’s Europa League semi-final, second leg against Celta Vigo on Thursday as “the most important match of our history”.
“I think in terms of motivation, we are even,” said Mourinho. “For Celta it is, in their words, the most important match of their history.

“And my feelings, it’s also the most important match of our history. It doesn’t matter what happened before, it doesn’t matter how big matches we played before.
“What matters is the next one and the next one is [on Thursday], so I don’t believe Celta dreams more than us, that Celta wants more than us.
“I really don’t believe so in this aspect I don’t think there will be a difference between both teams.”
“The only game more important than the second leg of a semi-final is the final, so we have to fight hard.”