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Heritage Bank Promotes Financial Literacy To Commemorate Global Money Week

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In alignment with the Central Bank of Nigeria’s (CBN) Financial Literacy Day, Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has joined the rest of the world in the celebration of 2022 Global Money Week.

The 2022 Global Money Week was scheduled to take place from the 21st – to the 27th of March 2022 and this year marks the 10th anniversary of the annual event with the theme, “Build your future, be smart about money.”

With a series of educational programs lined up for the celebration, Heritage Bank was able to raise awareness amongst over 10,000 teens and youths across the 36 states and improve the capabilities of young people to make sound decisions when it comes to financial matters to secure their futures.

One of the activities to herald this year’s GMW was the partnership with the Heart-to-Heart Foundation on building successful families by educating married couples, counseling teens and young adults, and holding awareness campaigns to enlighten them on Financial Literacy.

The Executive Director, Jude Monye reiterated Heritage Banks’ commitments to further entrench financial inclusion, seeing financial literacy as a key enabler in the bank’s quest to drive financial inclusion, which could also be achieved when young Nigerians are properly educated on the importance of making sound decisions on money matters.

Speaking at the Heart-to-Heart conference titled, “The Cheating Mind,” Ozena Utulu, Ag. Group Head, Corporate Communications stressed the importance of financial intelligence, as this would aid in securing the future of the young ones, enable them to make better financial choices, create a sense of responsibility with money which would, in turn, finance their skills in the future.

She added that to make money, time management is imperative and should be well understood.

Utulu advised the youths to “start saving now, make the right choices while spending money by creating a budget, identify the needs and wants and also imbibe the culture of savings, be smart about how money is spent and spend money wisely.”

Utulu disclosed to the youths that money was exchanged in the past by trade by barter, which today cash, checkbooks, Automated Money transfer, Automated Teller Machine (ATM) Card amongst others are in use today.

She disclosed that Heritage Bank as part of the engendering saving culture, Heritage Bank would assist commence saving with various account opening packages like the Bud account for students and Tier 1 account for young adults.

Also speaking at the event, the Co-convener, Heart to Heart Foundation, Dr. Stephine Oarhe commended Heritage Bank for being at the forefront to instill financial knowledge and saving culture amongst the young generation.

She admonished parents not to entrust their responsibilities to children and allow them to grow before assuming adult responsibilities.

He advised the students were further advised to focus on themselves as they ensure they are better than who they were yesterday.

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Ekweremadu Narrates How David, “Kidney Donor” Refused To Return To Nigeria

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The former deputy senate president, Senator Ike Ekweremadu, has explained that David Ukpo Nwamini, the would-be kidney donor of his daughter, Sonia refused to return to Nigeria after it was discovered that his kidney was not compatible with his daughter’s.

The Enugu-born federal lawmaker gave the details in a suit filed along with his wife, Beatrice, against the National Identity Management Commission (NIMC) over the controversy surrounding the real age of Nwamini.

Ike Ekweremadu and his wife were recently arrested for allegedly bringing a minor to the UK to harvest his organ. They were subsequently remanded in custody till July 7.

However, Ekweremadu had written to the UK high commission to support the visa application of a “kidney donor” for his daughter Sonia.

Although the UK police said the donor was 15, he was listed as 21 years old on his international passport and the Bank Verification Number (BVN) portal.

In a suit marked FHC/ABJ/CS/984/2022 and filed on June 27 by Adegboyega Awomolo, counsel to the senator and his wife, before Inyang Ekwo, justice of a federal high court in Abuja, the Ekweremadus prayed the court for an order directing the NIMC to supply them with the certified true copy (CTC) of Ukpo’s biodata, The Cable reported.

They also sought an order directing the NIS comptroller-general to supply the applicants with Ukpo’s documents and application form presented for the issuance of his international passport.

The suit is also seeking an order directing Stanbic IBTC Bank and UBA to supply the applicants with the certified true copy of the “mandate card and account opening package of Ukpo’s bank accounts”.

Awomolo, who gave 20 grounds why the prayers should be granted, said Ukpo offered to donate one of his kidneys to the daughter of the applicants if his kidney was compatible.

He said Ukpo informed the applicants that he was 21 years old, after which Ekweremadu supported his visa application to the United Kingdom with a letter to the British high commission in Nigeria, explaining the purpose of the visit.

“After conducting various medical tests, the Royal Free Hospital in London decided that the said David Nwamini Ukpo was not a suitable donor because his kidney is not compatible with that of Sonia Ekweremadu,” he said.

According to Awomolo, Ukpo was then asked to return to Nigeria but rather than do so, he approached the authorities in the UK, claiming he was 15 years old.

“The applicants require documents from the respondents to assist in the fair criminal investigation and as facts in their defense to establish their innocence of the allegation in the charge and to prove that David Nwamini Ukpo is not a minor and indeed consented to the medical examination in the United Kingdom,” he said.

Ekwo fixed July 1 for a hearing of the matter.

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JUST IN: Court Dismisses Kanu’s Application For Revocation Of Bail

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The Abuja division of the Federal High Court has dismissed an application by Nnamdi Kanu, the detained leader of the proscribed Indigenous People of Biafra (IPOB), seeking an order discharging the earlier order revoking his bail.

Justice Binta Nyako in her ruling on Tuesday ruled that Kanu has not provided sufficient reasons to warrant the court to set aside its order.

She accordingly dismissed the application for being an abuse of the court process.

In the dismissed application which was filed by his lead counsel, Chief Mike Ozekhome, SAN, Kanu also prayed for an order setting aside the order made on March 28, 2019, directing for his arrest and continuation of his trial in absentia.

Justice Nyako had, on March 28, 2019, revoked the bail Kanu, ordered his arrest, and directed that his trial should continue in his absence.

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CJN Resignation: Public Confidence In Judiciary System At All-Time Low – Olumide Akpata

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Olumide Akpata, president of the Nigerian Bar Association (NBA) has reacted to the resignation of Ibrahim Tanko Muhammad as CJN, saying public confidence in the judiciary is currently at “an all-time low”.

In the statement, Akpata thanked the retired CJN for his service to the nation and prayed for his quick recovery.

“In the course of previous publications and communications, I have consistently appreciated the outgone chief justice of Nigeria for the cordial working relationship between the bar and the bench under our respective administrations. I must do so again today as he bows out,” the statement read.

“It is however impossible, to consider his lordship’s retirement in isolation of the recent unprecedented developments at the supreme court where 14 justices of the court censured the outgone chief justice of Nigeria over his lordship’s handling of their welfare and related issues.

“Beyond this, there is near-universal agreement that public confidence in the judiciary and indeed the legal profession is at an all-time low.”

The NBA chairman added that “there is now more than ever the need for urgent reforms in the judiciary and to rebuild the almost dissipated confidence that Nigerians have in the judiciary and the wider legal profession in Nigeria”.

“These should form the immediate first tasks for honorable Mr. Justice Olukayode Ariwoola, who is expected to now take over as the acting chief justice of Nigeria,” he said.

“The NBA welcomes the appointment of honorable Mr. Justice Olukayode Ariwoola and pledges its readiness to work together with his lordship and the judiciary in cleansing the Augean Stable and addressing the ills that have continued to plague not just the Judiciary but the entire legal profession.”

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