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Sunday Adeyemi

Sunday Adeyemi

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S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank of Nigeria (CBN), addressed the banking group’s corporate governance challenges and ensures the Nigerian banking sector’s financial stability.

In a statement, it stated that its ratings on FBN and other Nigerian banks remain constrained by shortcomings in corporate governance and transparency, among other factors.

The CBN recently replaced the entire boards of FBN and FBNH, and reinstated the former executive directors and CEO, Dr. Adesola Adeduntan.

The CBN had also requested FBN unwind certain exposures and divest from its participation in a non-permissible company, also pointing to potential corporate governance lapses at the bank.

“However, Dr. Adeduntan’s reinstatement and the re-appointment of the other executive directors underscores the CBN’s confidence in the existing management team to continue the turnaround of the third-largest banking group in Nigeria, which has total assets of Nigerian N7.7 trillion.

“We are of the view that the CBN’s historical approach has been more reactive than proactive, as illustrated by the Skye Bank episode. That said, recent actions, while disruptive in the near-term, may signal a more direct and possibly decisive supervisory approach to alleged failings in the management and governance of regulated institutions,” it stated.

It, noted that FBN’s overall credit profile has gradually stabilised since 2016, with a capital adequacy ratio of 17 percent in 2020, as against a 15 percent minimum requirement.

Similarly, the bank’s asset quality indicators improved significantly, with Non-Performing Loans (NPLs) reducing to 7.7 percent in 2020, from 20-25 percent since 2016.

 

 

 

The APC gubernatorial Aspirant for the 2023 general elections in Taraba state, Hon. Philip Johnson is 'rejoicing with our Moslem brothers' on the occasion of their Eid Fitri celebration, marking the end of a successful month-long Ramadan fast.

Hon. Johnson expressed confidence that Allah will honour the prayers of peace and unity offered unto Him at this critical period of our country.

 

He called on politicians across party lines to close ranks in the fight against rampaging insecurity in Nigeria.

 

The APC Governorship strong contender who has not hidden his position on power shift to south, called on his APC party members to 'rally round APC National Leader, Asiwaju Bola Tinubu if he declare his intention to run for the presidency". 

He maintained that "we should remember the role Asiwaju played and our promises during the merger that brought about APC in 2014".

 

 Hon. Johnson, believes Nigeria will emerge stronger after this trying times and urge Nigerians not to loose hope, but tighten their bond of unity.

 

 

 

 
Good things begot good things and is another year for Olanrewaju Teriba also known as Atorise as he received the gift of Lexus Gx 460 2020 model. today, being his Birthday.

 

 

The SUV is courtesy of a  long time friend and Fan, Sunday Shoyinka the ceo of shoyinmacs motors alausa Ikeja aka Apoti Sunday.


Apoti Sunday has been a friend for over fifteen years when they both had nothing and helped each other in  various ways.

 

 

In his words Atorise said he is short of words that his plan was to celebrate this year's birthday in a very Low key due to the situation of the country with killings, kidnapping and Bandit invading towns and villages coupled with covid-19 pandemic.

 

 

He added the his plans was to get a New Civilian Coaster Bus for his co-workers for easy movement adding that he is  expecting the delivery of the van anytime soon, only to get a wonderful gift of a SUV this morning from Apoti Sunday

 

Recall  that Atorise gave his band bus to the Blinds when they came to minister on his mountain some months ago as a seed even as he is getting a harvest of that seed in the form of a SUV barely six months after.

 

Atorise was full of praises to God Almighty for another Year among the living and pray for all his Fans, friends, Family and we'll wishers home and Abroad that God will see ''us through all our difficulties  in the name that is above all other names and it shall be well with Nigeria in Jesus Name'' he concluded.

 

 

Nollywood legend and multiple award winning filmmaker, Ambassador Lancelot Oduwarene Imasuen, who is popularly known as D’Guvnor of Nollywood, will on the 20th of June, 2021, clock 50. 

 

In celebration of this epoch accomplishment, a month long string of tremendous and pivotal events have been lined to take place in Benin City, Edo State, Nigeria, his place of birth and in Abuja, the Federal Capital City, as part of this peculiar celebration.

 

Now armed with other notable icons, colleagues, friends, families and those he has groomed, the event planning has been in top gear with numerous activities lined up.

 

These activities include; 

A Filmmakers’ challenge, tagged; ”THE STATE OF THE NATION”, of which submissions have already begun and would end on the 20th of May, 2021. The winners of this competition, would be announced and awarded on Tuesday, the 1st of June, 2021, during The Film Directing Masterclass at Kada Cinema And Entertainment Centre, Sapele road, Benin city, Edo state, Nigeria. This event is sponsored by THE BENIN FILM ACADEMY. 

 

Following suit is a Free Film directing masterclass which was birthed from the collaboration between THE DIRECTORS’ GUILD OF NIGERIA (EDO STATE CHAPTER) and THE BENIN FILM ACADEMY. It would be taking place on Tuesday, the 1st of June, 2021, by 10am, at The Kada Cinema And Entertainment Centre, Sapele road, Benin city, Edo state, Nigeria. 

 

Subsequently, there would be a One week festival of Lancelot’s films, courtesy of THE MANAGEMENT OF KADA CINEMA AND ENTERTAINMENT CENTRE. The festival would kick off on Friday, the 4th of June, 2021, and carry-on till Friday, the 11th of June, 2021, by 12pm – 2pm and 4pm – 6pm daily, at Kada Cinema And Entertainment Centre, Sapele road, Benin city, Edo state, Nigeria. 

 

Afterwards, there would be a Comedy night, themed; “LAUGHING WITH LANCELOT”, courtesy of Mc Casino and Mc Edopikin. The event would hold at Rehab bar on Friday, the 4th of June, 2021, by 6pm. This event is proudly sponsored by THE BENIN FILM ACADEMY in conjunction with REHAB BAR. 

 

Next off, is the World premiere of the movie; “WEDE”, which would be taking place on Sunday, the 6th of June, 2021, at Citadel cinema, Uromi, Edo state, Nigeria, by 4pm . This event is proudly sponsored by THE MANAGEMENT OF CITADEL CINEMA and THE BENIN FILM ACADEMY. 

 

Then, there would be a visit to the orphanage(s) in Benin city, Edo state on Wednesday, the 9th of June, 2021. 

 

Coming next, is a poetic performance, also known as the Season of words, which has been badged; “JAKPA?”, which would take place on Friday, the 11th of June, 2021, at The National Orientation Agency Hall, along Boundary road, GRA, Benin city, Edo state, Nigeria, by 1pm. This event is powered by THE BENIN POETRY KLUB in conjunction with THE BENIN WRITERS’ SOCIETY. 

 

There would also be a Novelty match; “Actors and film-makers” versus “musicians and comedians”, which would take place on Saturday, the 12th of June, 2021, at Vuvuzuela stadium, along airport road, Benin city, Edo state, Nigeria. 

 

Afterwards, the World premiere of the Edo indigenous movie; “E’FENDRAL MAN”, would be taking place on Sunday, the 13th of June, 2021, at The National Orientation Agency Hall, along Boundary road, GRA, Benin city, Edo state, Nigeria, by 4pm. This event is supported by THE BENIN FILM ACADEMY. 

 

Next is a Cultural night, which would take place on Wednesday, the 16th of June, 2021, at Surprise pub and café, 4A, Federal Avenue off Boundary road, GRA, Benin city, Edo state, Nigeria, by 6pm. This event is powered by SURPRISE PUB AND CAFÉ in conjunction with THE BENIN FILM ACADEMY. 

 

Following suit is a Colloquium, which would take place on Thursday, the 17th of June, 2021 at Igbinedion University, Okada, Edo state, Nigeria, by 10am. This event is powered by THE MANAGEMENT OF IGBINEDION UNIVERSITY, OKADA. 

 

D’Guv’s birthday thanksgiving and reception with family and friends would take place on Sunday, the 20th of June, 2021, at his resident city, Abuja, Nigeria. This is powered by D’Guv’s wife, Mrs Aimuamwonsa Lancelot Imasuen. 

 

Amb. Lancelot Oduwa Imasuen says that these events, especially, The Film Directing Masterclass and The Orphanage visit are the most endeared to him as he states; “I wouldn’t have gotten to the level at which I am presently, if it weren’t for my Almighty creator and the society at large which has continually supported my art and craft for over 25 years and undoubtedly stood up for me... Therefore, this is my own little way of giving back to the society”. 

 

Preparations for these activities have been on the apogee and one can already tell that D’GUV’s 50th birthday commemoration would be one that would leave a mark on the sands of time.

 

 

Celebrity Journal Publishers Association of Nigeria (CJPAN) has joined well- meaning Nigerians to felicitate with Muslim Faithfuls accross the world in commemoration of ED-EL FITRI CELEBRATIONS:marking  the end of the fasting month of Ramadan. ... 

This  occasion  is meant for special prayers, family visits, gift-giving and charity, it takes her place over one to three days, beginning on the first day of Shawwal, the 10th month in the Islamic calendar.

 

The President of the Association, Mr. Joshua Uloko stated that Muslims should be very vigilant at the prayer centres  to forstall any attacks. He  advised Muslims to continue loving  one another  and embrace what they practiced during the fasting period 

 

He however prayed that Allah will guide and protect us to survive the insecurity in Nigeria amid another lockdown due to Covid-19 Pandemic. He said  

 

SANYA OJO

CJPAN's PRO DESK

 

 

In its continued support to the people of the state with a view to cushioning the effects of the economic hardship particularly among the poor and less privileged in the society, the government of Zamfara state under the leadership of His Excellency, Gov. Bello Muhammed Matawallen Maradun on Wednesday May 12th, 2021, ordered for the distribution of yet another consignment of palliative strictly to the less privileged and poor families in Gusau, the state capital.

 

The distribution exercise which was conducted by the Speaker of the state House of Assembly Rt. Hon. Nasiru Muaazu Magarya and supported by other members of the state House of Assembly, distributed three trucks of rice to the designated families.

 

Each of the benefiting families was given 25 kg of rice to enable them  celebrate the eid-el-Fitri with joy.

 

The Speaker who is also the chairman of Ramadan Welfare Distribution Committee said over 3,600 bags of 25 kg of rice was distributed today within the areas of the poor and less privileged.

 

Speaker Magarya also used to occasion to appeal to the beneficiaries of the government gesture to pray for the state in particular and the country in general for peace, unity and security.

 

The Speaker also called on the people of the state to live in peace and harmony with one another for the attainment of the desired progress and development of the state.

 

He said the state government is doing everything possible to ensure adequate security of lives and property of the people and should be supported by all and sundry.

 

The special palliative  targetted people who could not afford their daily basic needs, is in addition to the Ramadan welfare packages that included rice, sugar, millet, maize, guinea corn, cows and clothing materials to various categories of people in the state.

 

Areas that benefited with the Governor's gesture include Zawuyya Gusau, Kanwuri Area, Gada-biyu, Takama, Abarma and Dutsi Area of Gusau metropolis.

 

YUSUF IDRIS GUSAU 

Director-General, Media Public Enlightenment and Communications. 

Government House, Gusau. 

 

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