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Sterling Bank Makes History With Bendel Insurance FC Deal, Sponsors Team Jerseys With N50 Million

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Sterling Bank Plc and Bendel Insurance FC of Benin have made history with the largest shirt sponsorship deal in Nigerian club football history with the unveiling of its N50 million sponsorship deal of the club’s home and away jerseys for the 2021/2022 Nigerian Premier Football League season. 

The sponsorship deal: the first of its kind in the history of Nigerian club football, saw players of Bendel Insurance FC showcasing their new kits with the Bank’s full logo embossed on the jersey at a colorful event held at the Edo State Government House in Benin City, the state capital.

Speaking at the ceremony, Chairman of Sterling Bank PLC, Mr. Asue Ighodalo, explained that the bank shares the philosophy of development championed by the Edo State government and sees the state as a development partner, with the deal representing more than a sponsorship deal, but an investment opportunity for the bank. 

“We see ourselves as true partners with Edo State because we understand the development philosophy of the state and that is why we are committed to the state.”

Also speaking, the Edo State Governor, Mr. Godwin Obaseki thanked Sterling Bank for investing in the club. He said the state government knows, since inception, that sports are about the youths and the youths are about sports, adding that the state government is creating an enabling environment for the growth of sports in the state.

Governor Obaseki said that with the successful implementation of this kit sponsorship deal, the state government has taken its commitment to Edo State’s sports a step further by engaging the private sector in sports development.

He said, “For us in Edo State, it is a crucial step to invite the private sector into sports through a new governance arrangement that ensures transparency and sets the standard on how to properly administrate sports in Nigeria.” 

“We first gave you confidence by rebuilding the Samuel Ogbemudia Stadium and 20 new mini stadia in all the local government areas in the state. And today, we are showing the world again that we mean sports in Edo by launching and unveiling the new jerseys of our teams. The problem we have in Nigerian sports today is that we have not successfully brought in corporate Nigeria to take their brands and support our local teams. But what Sterling Bank has done is a step in the right direction and will go a long way.”

Also, speaking, the 1st Vice President of Nigeria Football Federation (NFF) Mr. Seyi Akinwunmi said the Nigerian football scene is witnessing a landmark by the arrangement between Sterling Bank and Bendel Insurance FC. While urging other corporate organizations to emulate Sterling Bank, he pledged that the NFF will do everything required to make Nigerian football what it should be.

Among the dignitaries at the occasion was the spouse of the state governor, Mrs. Betsy Obaseki; the Deputy Governor, Rt. Comrade Philip Shaibu and his spouse; and Super Eagles of Nigeria legend, Mr. Austin Eguavoen, among others.

BIG STORY

BREAKING: EFCC Arrests Famous Nigerian Musician Terry Apala For Naira Mutilation

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Justice Akintayo Aluko of the Federal High Court sitting in Ikoyi, Lagos, on Friday, April 25, 2025, remanded a musician, Terry Alexander Ejeh, otherwise known as Terry Apala, in a Correctional Centre for alleged “mutilation of the Naira notes.”

He was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, April 25, 2025, on a one-count charge of “mutilating the Naira notes.”

The charge reads: “That you, TERRY ALEXANDER EJEH, on the 5th day of January, 2025, at La Madison Place, Oniru, within the jurisdiction of this Honourable Court, whilst dancing during a social event, tampered with Naira notes issued by the Central Bank of Nigeria by marching on the same and you thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank of Nigeria Act, 2007.”

He pleaded not guilty to the offence when it was read to him. In view of his plea, the prosecution counsel, S.I. Suleiman, prayed for a trial date and also urged the court to remand him in a Correctional Centre.

The defence counsel, Felix Nwabuda, informed the court of a bail application dated April 23, 2025 and prayed the court for a short date for the hearing of the application.

“Whilst praying the court for a short date for the hearing of the bail application, I will be craving the indulgence of the court to release the defendant to the defence. “We undertake to produce him in court. He will not evade hearing. He came in from the United Kingdom on April 23, 2025; and on the invitation of the EFCC, he came on his own.”

The prosecution counsel, however, opposed the application, saying, “ the application is alien and unheard of.”

“I urge the court to afford us the opportunity to look at the application and respond properly so that the court can make a well -informed ruling,” he said.

In a short ruling, Justice Aluko refused the application of the defence. Justice Aluko adjourned till May 5, 2025 and ordered the remand of the defendant in the Ikoyi Correctional Centre pending the determination of the bail application.

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Akpabio To Lead Nigerian Delegation To Pope Francis’ Burial

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President Bola Tinubu has dispatched a delegation to Vatican City for the funeral of Pope Francis, who passed away on Monday at the age of 88.

A statement released on Friday by Bayo Onanuga, special adviser to the president on information and strategy, announced that Godswill Akpabio, the senate president, is leading the five-member delegation to the funeral.

The other members of the delegation include Bianca Odumegwu Ojukwu, “minister of state for foreign affairs”; Lucius Iwejuru Ugorji, “president of the Catholic Bishops Conference of Nigeria”; Matthew Hassan Kukah, “archbishop of the Sokoto diocese”; and Ignatius Ayua Kaigama, “archbishop of the Abuja diocese.”

“The funeral service of the revered head of the Roman Catholic Church is scheduled to take place on Saturday at the Vatican.”

“The Nigerian delegation will formally deliver a letter to the acting head of the Vatican conveying Tinubu’s condolences.”

On Monday, Tinubu joined the global Christian community in mourning the late pope.

“Pope Francis was a humble servant of God, a tireless champion of the poor, and a guiding light for millions,” Tinubu said.

The president described the pope’s death, which occurred just after Easter Sunday, as “a sacred return to his Maker at a time of renewed hope for Christians”.

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Rivers Situation Complex, I Need More Time To Prepare For Briefing — Ibas To Reps Panel

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Ibok-Ete Ibas, the sole administrator of Rivers, has asked the house of representatives ad hoc committee overseeing the emergency rule in the state for more time.

Ibas made this request on Friday when he appeared before the committee.

On April 15, Tajudeen Abbas, the speaker of the house, inaugurated the 21-member committee to ensure transparent governance and the rule of law in the state.

A day after the committee was formed, the lawmakers invited the Rivers sole administrator to appear before them on April 17.

Ibas was scheduled to address the lawmakers on governance in the state.

However, the sole administrator requested a rescheduling, and the meeting was moved to April 24.

The committee members met in the meeting room on Thursday, but Ibas did not attend.

Julius Ihonvbere, the chairman of the committee and leader of the house, declined to comment on the situation, simply stating, “No comment,” to journalists.

Addressing the committee on Friday, Ibas apologised to the lawmakers for not attending previous invitations.

He requested additional time to prepare a “comprehensive and constructive” briefing, citing the complexity of the situation in Rivers state.

“Today is exactly 10 days after the first invitation, and in between, we’ve had four days off the calendar as public holidays plus the weekends inclusive,” he said.

“The absence, of course, was not out of disregard but rather due to the weighty and urgent demands of stabilising governance in a state under a declared emergency.”

“I have always held the national assembly in the highest regard. I recognise the importance of your oversight responsibilities and your interest in the progress being made in Rivers state, which is presently relatively calm, but still fragile.”

“That said, I only request your understanding and the indulgence of this committee to grant me additional time to adequately prepare and present a comprehensive and constructive briefing.”

“Given the complexities and sensitivities surrounding the current transitional period in Rivers state, it is important that any engagement with this committee is done with the depth, accuracy and clarity it rightfully deserves.”

Ibas stated that he will cooperate with the committee to ensure that all relevant information is available in due course.

In a statement issued after the meeting, Ihonvbere said the committee has accepted Ibas’ apology and would reschedule the briefing.

“The Committee notes that the Administrator, in a correspondence received last night, expressed his regrets for not honouring earlier invitations and appeared in person today to offer a formal apology,” the statement reads.

“He also requested an opportunity to return for a more robust and comprehensive engagement with the Committee.”

“In keeping with the House’s tradition of fairness, and in recognition of the Administrator’s demonstration of respect and responsibility, the Committee has magnanimously accepted his apology.”

“Accordingly, the Committee has resolved to proceed with the rescheduled engagement on a date and time to be announced in due course.”

Ihonvbere added that the committee needs the cooperation of all stakeholders and remains open to constructive engagement in line with the principles of accountability and the rule of law.

On March 18, President Bola Tinubu declared a state of emergency in Rivers, citing the prolonged political crisis.

He also suspended Siminalayi Fubara, governor of the state; his deputy, Ngozi Odu; and all members of the Rivers assembly for a period of six months.

The president appointed Ibas, a retired naval chief, as the state’s sole administrator.

After his appointment, Ibas suspended all political officeholders appointed by Fubara.

Several stakeholders, including the Pan Niger Delta Forum (PANDEF), have criticised Ibas over the handling of the state’s affairs.

There have been protests in the state demanding the reinstatement of Fubara.

Fubara reportedly met with Tinubu in London last week as part of moves to resolve the political crisis in the state.

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