Connect with us


BIG STORY

Fidelity Bank Releases Statement On Video Of Alleged Customer Performing With A Band Outside Its Bank

Published

on

According to a statement released by the bank, contrary to media reports claiming that the man was wrongfully debited by the bank, the video is actually a picketing exercise organized by the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Employees over a dispute they have with the Anambra State Urban Water Holding Corporation and Anambra State Waste Management Authority.

“Our attention has been drawn to the ongoing picketing of Fidelity Bank’s branches and offices nationwide by the AMALGAMATED UNION OF PUBLIC CORPORATTIONS, CIVIL SERVICE TECHNICAL AND RECREATIONAL EMPLPOYEES (AUPCTRE) in an apparent attempt to enforce a garnishee order absolute made by the National Industrial Court, Enugu.

The Union had approached the National Industrial Court, Enugu for the enforcement of an arbitral award obtained by the Union against the Anambra State Urban Water Holding Corporation and Anambra State Waste Management Authority by way of a garnishee order against the accounts of Anambra State Government in Fidelity Bank.

In a ruling delivered on January 11, 2022, the National Industrial Court, Enugu made the Garnishee Order Absolute against Fidelity Bank and another bank.

However, the Judgment Debtors, Anambra State Urban Water Holding Corporation and Anambra State Waste Management Authority, immediately filed a Notice of Appeal dated the 12th day of January 2022 as well as a Motion for Stay of Execution of the Order of Court dated the same 12th day of January 2022. The Union is aware of these processes as they were served on them.  The motion for stay of execution is still pending and has not yet been heard and determined when the Union took the law into its hands to attack Fidelity Bank.

As a law-abiding Corporate citizen of the Federal Republic of Nigeria, we are guided by the rule of law. Accordingly, where parties have submitted their process to the Court, such parties should follow the due process of the law to enforce their rights and not take the laws into their hands.

It is also our view that picketing is an industrial dispute resolution mechanism that is reserved for the settlement of industrial disputes. Fidelity Bank has no industrial dispute with the Union as to warrant the picketing of any of our branches.

READ ALSO  OnePipe, Fidelity Bank Partner To Launch PayGatePlus To Accelerate Online Payments

Accordingly, the attack on our Bank by the Union is an irresponsible use of brute force by the Union on a law-abiding corporate citizen.”

As a responsible financial organization, we remain committed to the due process of the law, and we wish to assure all our customers of our unwavering commitment to providing them with superior service delivery.

BIG STORY

Some Politicians Funding Terrorism In Nigeria, Says Ex-CDS Lucky Irabor

Published

on

Lucky Irabor, ex-chief of defence staff (CDS), says some political actors are involved in terrorism financing in Nigeria.

On November 30, Daniel Bwala, Special Adviser to President Bola Tinubu on policy communication, said the federal government would soon reveal the identities of terrorism sponsors.

Bwala said the government is “making far-reaching decisions”, adding that the outcome would be noticeable shortly.

The presidential aide said terrorism is a global problem, adding that “the demand is now on the world governments to see how they can cooperate with Nigeria”.

Speaking on ‘Politics Today’, a Channels Television programme, on Monday, Irabor said certain politicians exploit insecurity for personal advantage.

Asked directly if politicians fund terror networks, he replied with “some politicians”.

Irabor said some party chieftains capitalize on instability to create an impression that they can offer better leadership.

“Some politicians have now taken advantage of the state of under-governance, as it were, to perhaps gain some form of leverage to give the impression that they can do better,” he said.

“Others perhaps want to give an impression they can do better, to score the point that there is poor governance… they could also instigate a certain crisis one way or the other.

“Those who believe that it’s purely political, maybe, have their argument from that angle. For me, it will be wrong.”

Irabor also addressed criticisms of the federal government’s refusal to publish names of alleged terror financiers.

Continue Reading

BIG STORY

JUST IN: Tinubu Nominates Ex-CDS Christopher Musa As Defence Minister

Published

on

President Bola Tinubu has nominated a former Chief of Defence Staff, General Christopher Musa, as the new Minister of Defence.

The nomination was contained in a letter sent to Senate President Godswill Akpabio on Tuesday, announcing Musa as the replacement for Alhaji Mohammed Badaru, who resigned from the position on Monday due to health reasons.

In his letter to the Senate, the President expressed confidence in Musa’s capacity to lead the Defence Ministry and strengthen Nigeria’s security framework.

The nomination was confirmed in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

The statement added, “General Musa, 58, on December 25, is a distinguished soldier who served as Chief of Defence Staff from 2023 until October 2025. He won the Colin Powell Award for Soldiering in 2012.

“Born in Sokoto in 1967, General Musa received his primary and secondary education there before attending the College of Advanced Studies in Zaria. He graduated in 1986 and enrolled at the Nigerian Defence Academy the same year, earning a Bachelor of Science degree upon graduation in 1991.

“General Musa was commissioned into the Nigerian Army as a Second Lieutenant in 1991 and has since had a distinguished career. His appointments include General Staff Officer 1, Training/Operations at HQ 81 Division; Commanding Officer, 73 Battalion; Assistant Director, Operational Requirements, Department of Army Policy and Plans; and Infantry Representative/Member, Training Team, HQ Nigerian Army Armour Corps.

“In 2019, he served as Deputy Chief of Staff, Training/Operations, Headquarters Infantry Centre and Corps; Commander, Sector 3, Operation Lafiya Dole; and Commander, Sector 3 Multinational Joint Task Force in the Lake Chad Region.

“In 2021, General Musa was appointed Theatre Commander, Operation Hadin Kai. He later became Commander of the Nigerian Army Infantry Corps before being appointed Chief of Defence Staff by President Tinubu in 2023.”

Continue Reading

BIG STORY

South Africa Begins Use Of Groundbreaking HIV Prevention Drug

Published

on

South Africa has begun administering lenacapavir, a long-acting HIV prevention drug, to selected individuals as part of a new study led by Wits RHI at the University of the Witwatersrand and funded by Unitaid.

The move comes just five months after the US Food and Drug Administration granted its first approval for the drug’s use in HIV prevention.

Lenacapavir has shown remarkable results in clinical trials, offering near-complete protection against HIV and outperforming existing pre-exposure prophylaxis (PrEP) options.

The injectable drug is taken twice a year and was initially projected to cost about $28,000 per user annually.

However, a pricing deal brokered by the Clinton Health Access Initiative (CHAI), working alongside Dr Reddy’s Laboratories, Unitaid, the Gates Foundation, and Wits RHI, has slashed the cost to about $40 — a reduction aimed at making the drug affordable in low- and middle-income countries.

In a statement on Monday, Unitaid said the study will provide the Department of Health with the evidence they need to adapt quickly and in real time as they integrate lenacapavir into existing HIV prevention programs.

“These early learnings on real-world use will also apply to other countries adopting lenacapavir,” the statement reads.

“Making new medicines widely available in low- and middle-income countries can take up to a decade or longer as regulatory approvals must be obtained, manufacturing must be secured, and prices must come down.

“Global momentum behind lenacapavir has set the drug on a rapid trajectory: South Africa registered the drug in record time in late October, followed by Zambia in November, and the first doses have already been delivered in Zambia and Eswatini through The Global Fund and PEPFAR. Broader rollout in early adopter countries is expected in early 2026.”

Aaron Motsoaledi, South Africa’s minister of health, said the country is working with relevant stakeholders to make lenacapavir available to the most vulnerable populations who are at higher risk of HIV infections.

“These early efforts from Unitaid and Wits RHI will help us fine-tune how lenacapavir is delivered through our health system so we can reach as many people as possible with this new Pre-Exposure Prophylaxis (PrEP) option, especially adolescent girls, young women, and pregnant and breastfeeding women,” he said.

In Brazil, a similar study led by Fiocruz is also underway.

Insights and tools from the Fiocruz study in Brazil will help guide rollout strategies within the country and across Latin America.

Continue Reading


 

 


 

 

 

 

Join Us On Facebook

Most Popular


Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117