Showing posts with label Breaking News. Show all posts
Showing posts with label Breaking News. Show all posts

Friday 12 April 2024

"EFCC Clears Suspended Minister Dr. Beta Edu of Financial Wrongdoing: Restores Confidence in Leadership"

"EFCC Clears Suspended Minister Dr. Beta Edu of Financial Wrongdoing: Restores Confidence in Leadership"

"EFCC Clears Suspended Minister Dr. Beta Edu of Financial Wrongdoing: Restores Confidence in Leadership"



 In a significant turn of events reported by Rald News Media, the Economic and Financial Crimes Commission (EFCC) has officially absolved Dr. Beta Edu, the Minister of Humanitarian Affairs who was under suspension, of any financial misconduct allegations. After an exhaustive inquiry, the EFCC concluded that there was no substantiated evidence implicating Dr. Edu in any form of economic or financial wrongdoing.


Dr. Beta Edu, who had been temporarily relieved of her ministerial duties pending the investigation's outcome, has now been vindicated by the EFCC's thorough examination. This announcement comes as a relief to her supporters and colleagues within the government, who stood by her during this challenging period.


The investigation was launched in response to allegations of financial mismanagement and corruption swirling around the Ministry of Humanitarian Affairs. Despite initial concerns, the EFCC's comprehensive findings have effectively cleared Dr. Edu's name and reinstated her credibility within the government circles.


In response to the exoneration, Dr. Beta Edu conveyed her gratitude for the EFCC's meticulous and impartial investigation process. She reaffirmed her unwavering commitment to serving the Nigerian populace with integrity and transparency, further solidifying her dedication to public service.


This exoneration by the EFCC signifies a significant turning point in the ongoing saga, fostering renewed confidence in Dr. Beta Edu's leadership within the Ministry of Humanitarian Affairs and demonstrating the importance of due process and fair inquiry in upholding governmental integrity.

Wednesday 10 April 2024

BREAKING NEWS: JUNIOR POPE IS NOT DEAD

BREAKING NEWS: JUNIOR POPE IS NOT DEAD

 BREAKING NEWS: JUNIOR POPE IS NOT DEAD



Emeka Rollas, the president of the Actors Guild Of Nigeria (AGN) has confirmed that Junior Pope is alive and receiving treatment in a hospital in Asaba, Delta.

Videos showing resuscitation attempts have also surfaced online, after a first video showing him seemingly lifeless as he was brought out of the body of water.

Earlier, it had been reported that the actor had passed away in boat accident with three of his colleagues, coming back from a movie location.
Nollywood Actor Junior Pope Dies In Boat Accident

Nollywood Actor Junior Pope Dies In Boat Accident

 Nollywood Actor Junior Pope Dies In Boat Accident

R.I.P JNR POPE

Tragic news has struck the Nigerian entertainment industry, as reports emerge of the untimely demise of a prominent actor during a fateful boat trip dedicated to a film production. According to reliable sources, the unfortunate incident occurred on Wednesday afternoon, plunging the fraternity into mourning.


Emeka Rollas, the esteemed National President of the Actors Guild of Nigeria, provided somber confirmation to Rald News Media via Channels Television, affirming that the mortal remains of the esteemed actor have been tenderly deposited at the morgue. Additionally, Rollas disclosed the distressing revelation that one crew member's remains have been recovered, underscoring the tragic toll exacted by the calamitous boat accident.


However, amidst the grief and devastation, hope dwindles as the search continues for the bodies of three crew members still unaccounted for. The harrowing ordeal unfolded when the boat, carrying a crew of five, capsized following a collision with another vessel in the treacherous waters of the River Niger region in Anambra State.


Compounding the heartbreak is a poignant video shared by the deceased actor less than 24 hours prior to the fatal voyage. In the footage, the actor can be seen navigating the turbulent waters aboard a speedboat, conspicuous by the absence of a life jacket. His poignant caption, "See me lamenting the risk we take to entertain you, crossing river 9ja yesterday with no life jacket…who does that?" serves as a haunting reminder of the perilous circumstances surrounding the tragedy.


As news of the actor's demise reverberates throughout the Nigerian film industry, the fraternity is inundated with an outpouring of grief and solidarity. Fellow Nollywood actors have taken to their social media platforms to express heartfelt condolences and pay tribute to the departed soul, underscoring the profound impact of his loss on the cinematic community.


In the wake of this devastating loss, the Nigerian entertainment landscape stands united in mourning, as the legacy of the departed actor continues to resonate deeply within the hearts and minds of colleagues, fans, and admirers alike.

Sunday 31 March 2024

Breaking News: APC Suspends Kaduna State Women's Leader Over Governor Uba Sani Criticism

Breaking News: APC Suspends Kaduna State Women's Leader Over Governor Uba Sani Criticism

 Breaking News: APC Suspends Kaduna State Women's Leader Over Governor Uba Sani Criticism




Rald News Media brings to light the latest development in the Kaduna State chapter of the All Progressives Congress (APC), as Maryam Suleiman, the state women’s leader, faces suspension amidst allegations of gross misconduct. This decisive action, taken by the party, follows accusations leveled against her.


The suspension, as detailed in a letter dated March 31st and signed by Ali Maishago and Zakkah Bassahuwa, the APC chairman and secretary of Badarawa/Malali ward respectively, cites several infractions. Suleiman is accused of defaming the character of Governor Uba Sani and engaging in unauthorized publicity that undermined the governor's reputation. Additionally, she stands accused of orchestrating an attack on the political adviser to the governor, Manzo Maigari, allegedly by sending individuals to assault him.


This suspension aligns with the provisions of Article 21, 2 (v) of the APC constitution and will remain in effect pending a thorough investigation into the allegations.


In a widely circulated video delivered in the Hausa language, Suleiman expressed criticism towards Governor Sani's handling of the substantial debt inherited from the previous administration led by former governor Nasir El-Rufai. Governor Sani revealed during a recent town hall meeting the staggering debt burden of $587 million, N85 billion, and 115 contractual liabilities inherited from El-Rufai's tenure, which has hampered the state's ability to meet its salary obligations.


In response to the governor's remarks, Suleiman criticized him for maladministration and cautioned against shifting blame onto the previous administration.


The suspension of Suleiman sheds light on the internal dynamics within the Kaduna State APC, illustrating the intricacies surrounding governance and accountability in the state's political landscape. Stay tuned to Rald News Media for further updates as the investigation progresses, unraveling more insights into this unfolding saga.

Saturday 2 March 2024

Tragic Loss Strikes Nollywood: Renowned Actor Mr Ibu Passes Away

Tragic Loss Strikes Nollywood: Renowned Actor Mr Ibu Passes Away

 Tragic Loss Strikes Nollywood: Renowned Actor Mr Ibu Passes Away

RIP MR IBU


In a somber turn of events, RALD NEWS MEDIA sadly announces the demise of the beloved Nollywood comedic icon, John Okafor, affectionately known as Mr Ibu. The actor breathed his last on Saturday, March 2, as confirmed by a close family associate speaking to Channels Television. Reports reveal that Mr Ibu succumbed to the hands of fate at the Evercare Hospital in Lekki, where he was under intensive medical care after experiencing a relapse.


Emeka Rollas, the President of the Actors Guild of Nigeria, verified the heartbreaking news of the actor's passing. The 62-year-old thespian reportedly suffered a fatal cardiac arrest, compounding the woes that began a week earlier with his health deterioration. Tragically, despite the best efforts of medical personnel, Mr Ibu's condition continued to decline until his untimely demise.


The veteran actor's health struggles had been a matter of concern in recent times. In October 2023, reports surfaced detailing his illness, prompting calls for financial aid to support his medical treatment. Subsequently, in November of the same year, his family disclosed the distressing news of the amputation of one of his legs, a desperate measure undertaken to prolong his life. Emeka Chochoo, his former manager, shed light on the necessity of the amputation, citing a severe arterial infection at the ankle that went undetected until it was too late.


In the wake of Mr Ibu's passing, grief and tributes flood social media platforms as celebrities and colleagues mourn the loss of a true icon. Mercy Johnson Okojie and Ruth Kadiri are among those who expressed their condolences online, encapsulating the collective sorrow felt by the Nollywood community and fans alike. As the curtain falls on the illustrious career of Mr Ibu, his legacy as a prolific entertainer and cherished personality lives on in the hearts of millions. May his soul rest in eternal peace.

Thursday 29 February 2024

Nigerian Government Warns of Cryptocurrency Website's Threat to Economy

Nigerian Government Warns of Cryptocurrency Website's Threat to Economy

 Nigerian Government Warns of Cryptocurrency Website's Threat to Economy



In a recent development reported by RALD NEWS MEDIA, the Nigerian government has raised concerns over the potential economic repercussions posed by the operations of cryptocurrency trading website Binance. Presidential spokesman Bayo Onanuga sounded the alarm, stating that Binance's unregulated activities could destabilize the country's economy by manipulating foreign exchange rates without oversight.


During an appearance on Channels Television's Politics Today program, Onanuga strongly criticized Binance, alleging its involvement in sabotaging the economy. He accused the platform of leveraging cyberspace to influence exchange rates, effectively encroaching upon the responsibilities of the Central Bank of Nigeria (CBN). Onanuga cautioned that if left unchecked, Binance's actions could cause irreversible damage to the nation's financial stability.


To tackle this issue, Onanuga urged Nigerians to avoid utilizing the parallel market for foreign exchange transactions, stressing its illegality. Instead, he encouraged citizens to rely solely on the CBN's official website for accurate exchange rate information. Additionally, Onanuga highlighted the adverse effects of excessive dollarization on the economy, citing instances where importers exploit currency fluctuations to manipulate prices and maximize profits.


Amidst various economic challenges, including inflation, food inflation, forex crises, and economic hardships, Onanuga expressed hope that stabilizing exchange rates would lead to price normalization and overall economic improvement in the coming weeks.


Responding to government concerns, the Central Bank of Nigeria has intensified scrutiny of cryptocurrency websites, particularly focusing on Binance. Governor Olayemi Cardoso disclosed that Binance Nigeria facilitated an astounding $26 billion in transactions over the past year, involving sources and users with insufficient identification. To address these issues, anti-corruption agencies, the police, and the Office of the National Security Adviser are collaborating on an investigation into cryptocurrency exchanges.


As the situation evolves, the Nigerian government remains steadfast in its commitment to safeguarding the economy from potential threats posed by Binance and other cryptocurrency platforms. It is evident that regulatory measures and collaborative efforts are imperative to ensure the stability and integrity of the Nigerian financial system, as reported by RALD NEWS MEDIA.

Tuesday 20 February 2024

Fidelity Bank Extends CEO's Contract: Dr. Nneka Onyeali-Ikpe to Lead Till 2026

Fidelity Bank Extends CEO's Contract: Dr. Nneka Onyeali-Ikpe to Lead Till 2026


Fidelity Bank Extends CEO's Contract: Dr. Nneka Onyeali-Ikpe to Lead Till 2026





Fidelity Bank Plc has recently made a significant decision regarding the tenure of Dr. Nneka Onyeali-Ikpe, extending her role as Group Managing Director/Chief Executive Officer (GMD/CEO) from 2024 to 2026. This announcement, conveyed through a notice to the Nigerian Exchange Limited (NGX), signifies the board's deep trust in Onyeali-Ikpe's capabilities and highlights her exceptional performance since assuming office on January 1, 2021.


The official confirmation of this decision came during the board meeting convened on February 12, 2024, as attested by Ezinwa Unuigboje, the Company Secretary. This extension of tenure is in line with Fidelity Bank's strategic objectives and serves as a recognition of Onyeali-Ikpe's significant contributions to the bank's growth and transformation, particularly evident throughout her tenure.


Drawing on her extensive experience spanning over three decades in the banking sector, Onyeali-Ikpe has held key positions in renowned institutions such as Standard Chartered Bank Plc, Zenith Bank Plc, and Enterprise Bank Plc. Since joining Fidelity Bank's board in 2015, she has played a pivotal role in reshaping the bank's operations, notably within the Lagos and Southwest Directorate.


Under her leadership, Fidelity Bank has witnessed commendable financial performance over the past five years, showcasing her unwavering commitment to excellence and strategic acumen. Notably, her academic background from esteemed institutions like the University of Nigeria, Nsukka, and Kings College London, coupled with professional certifications from prestigious business schools globally, further validates her expertise.


This announcement reaffirms Fidelity Bank's dedication to maintaining continuity and stability, positioning the institution for sustained growth and expansion under Onyeali-Ikpe's adept leadership. With her extended tenure, stakeholders are optimistic about the bank's future trajectory, anticipating continued progress and the successful execution of strategic initiatives, including international expansion efforts.

Saturday 17 February 2024

Headline: EFCC Arrests 26 Suspected Internet Fraudsters in Abuja, Two Women Charged for Valentine's Day Brawl

Headline: EFCC Arrests 26 Suspected Internet Fraudsters in Abuja, Two Women Charged for Valentine's Day Brawl


In a significant crackdown, the Abuja Zonal Command of the Economic and Financial Crimes Commission (EFCC) has successfully apprehended 26 individuals suspected of involvement in internet fraud. This operation, which unfolded across various locales within the Federal Capital Territory, including Kurudu, Jahi, Kubwa, and Gwarimpa, marks a concerted effort by the anti-graft agency to curb cybercrime activities. The arrests, executed on February 13, 2024, were made possible through the diligent gathering of credible intelligence by the EFCC.


The EFCC's spokesperson, Dele Oyewale, has officially confirmed the apprehensions, shedding light on the extensive haul of assets seized from the suspects. Among the confiscated items are several high-end luxury vehicles, including a Toyota Tacoma, a CLS Mercedes 450, and three Lexus cars, underscoring the lavish lifestyles potentially funded by illicit means. Additionally, authorities recovered 40 mobile phones and seven laptops, which serve as crucial evidence in ongoing investigations into the suspected fraudulent activities.


Following standard procedure, the detained individuals will undergo thorough scrutiny and interrogation as part of the investigative process. Once the inquiry concludes, the suspects will be formally charged and prosecuted in accordance with the law, as outlined in the official statement released by the EFCC. This ensures that perpetrators of financial crimes are held accountable for their actions and face the full consequences of their unlawful behavior.


In a separate incident unfolding in New Karu, Nasarawa State, the legal system grapples with a case of physical altercation and alleged defamation involving two women, Alice Odey and Blessing Onagbulum. The altercation, which erupted on Valentine's Day, escalated into a heated exchange of accusations and physical violence, resulting in injuries and charges levied against both parties.


Inspector Shehu Ndam, the prosecution officer overseeing the case, provides insight into the sequence of events leading to the confrontation. Onagbulum's accusation of Odey allegedly snatching her former husband sparked a volatile dispute, exacerbated by Odey's counterclaim of Onagbulum resorting to supernatural means to inflict harm. The altercation culminated in Odey wielding a broken bottle to attack Onagbulum, causing injuries to her head, jaw, and neck. In a retaliatory act, Onagbulum's teenage daughter intervened, striking Odey with a stone, further escalating the violence.


During the subsequent legal proceedings, both Odey and Onagbulum vehemently plead not guilty to the charges brought against them. Despite their pleas, Judge Godiya Bawa presiding over the case opts to remand the accused women on bail, mandating a monetary bond of N100,000 each, along with the provision of one surety of equivalent value. This decision reflects the judiciary's commitment to upholding justice while affording the accused the opportunity to defend themselves in a court of law.


As the legal process unfolds, the cases involving internet fraud and physical altercation serve as poignant reminders of the multifaceted challenges facing law enforcement agencies and the judiciary in maintaining order and accountability within society. Through diligent investigation, prosecution, and adjudication, authorities strive to uphold the rule of law and safeguard the rights and well-being of all citizens.

Saturday 10 February 2024

Everything to know about Access Bank boss, Herbert Wigwe, his reported death

Everything to know about Access Bank boss, Herbert Wigwe, his reported death


 Tragedy struck the business world with a devastating unconfirmed report emerging from the United States, suggesting the demise of Herbert Wigwe, the esteemed CEO of Access Holdings Plc. Speculations abound following a helicopter crash near the California-Nevada border, claiming the lives of six individuals on board, including Wigwe and his family.


The incident, which occurred on a fateful Friday night in close proximity to the Nevada-California border, has sent shockwaves through the corporate sphere. Unverified sources indicate that Wigwe, alongside his wife Chizoba and their son, were among the unfortunate victims of the tragic mishap.


Authorities, including the US Federal Aviation Administration (FAA), have confirmed the helicopter crash near Nipton, California, involving a Eurocopter EC 130 with six occupants. Despite search efforts, no survivors have been located as of Saturday morning, leaving the situation fraught with uncertainty and sorrow.


Herbert Wigwe's untimely passing has left a void in the financial sector, where he was renowned for his acumen and leadership. Born in Ibadan, Nigeria, in 1966, Wigwe's illustrious career saw him rise to prominence as the CEO of Access Holdings Plc, formerly known as Access Corporation. He steered Access Bank plc to prominence as one of Nigeria's top banking institutions, following his appointment in January 2014 until April 2022.




Wigwe's influence extended beyond the borders of Nigeria, with notable roles as Chairman of various entities including Access Bank Ghana Limited and Access Bank (UK) Limited. His contributions to the banking industry earned him prestigious accolades, including being named Banker of The Year by Vanguard and The Sun, leading Nigerian newspapers, in 2016. Moreover, he was honored as the African Banker of the Year at the 2021 African Banker Awards.


In recognition of his outstanding service to the nation, Herbert Wigwe was bestowed with the Nigerian National Honour of Commander of the Order of the Niger (CON) by President Muhammadu Buhari in October 2022.


Wigwe's legacy transcends his professional achievements, with his commitment to societal impact evident through his patronage of the Boys' Brigade in Lagos State and his involvement in youth development initiatives. His passing leaves behind a profound sense of loss, not only within the financial community but also among those whose lives he touched through his philanthropy and leadership. As investigations into the helicopter crash continue, tributes pour in from colleagues, friends, and admirers, honoring the memory of a visionary leader gone too soon.

 Tragic Chopper Crash Claims Access Holdings CEO Herbert Wigwe's Life

Tragic Chopper Crash Claims Access Holdings CEO Herbert Wigwe's Life

 Tragic Chopper Crash Claims Access Holdings CEO Herbert Wigwe's Life



In a devastating incident, the CEO of Access Holdings, Herbert Wigwe, has tragically passed away following a helicopter crash in California, United States, on Friday night.


Reports from The Will News indicate that the helicopter was en route to Las Vegas when it crashed near the border city separating Nevada and California. The crash resulted in the loss of not only Wigwe's life but also claimed the lives of five other passengers who were aboard the aircraft.


This shocking event has sent shockwaves through the business community, as Wigwe was a prominent figure in the finance sector. Access Holdings, under his leadership, has been a key player in various investment ventures and initiatives both domestically and internationally.


The circumstances surrounding the crash are still under investigation, with authorities working diligently to determine the cause of this tragic accident. As details emerge, the focus remains on honoring the memory of Herbert Wigwe and the other victims, while also ensuring that measures are taken to prevent such incidents in the future.

Monday 5 February 2024

Headline: Minna Residents Stage Mass Protest Over Soaring Living Costs

Headline: Minna Residents Stage Mass Protest Over Soaring Living Costs

 Headline: Minna Residents Stage Mass Protest Over Soaring Living Costs



In a massive display of frustration, the residents of Minna, the capital city of Niger State, took to the streets to voice their concerns about the escalating expenses of both food and daily life in the region.


The protest, characterized by a significant turnout, saw demonstrators converging at the Kpakungu roundabout, effectively blocking the Minna-Bida Road from as early as 7 am on Monday.


Tensions escalated when attempts by the police to manage the crowd were met with resistance, pushing the protesters to demand the withdrawal of law enforcement. In response, the police resorted to firing multiple shots into the air to disperse the gathering.


The situation remains tense as residents continue to express their grievances. Stay tuned for further details on this developing story.


MORE DETAIL LATER............

Saturday 27 January 2024

Gunmen kidnap Abia varsity deputy vice-chancellor

Gunmen kidnap Abia varsity deputy vice-chancellor

Gunmen kidnap Abia varsity deputy vice-chancellor





 The Abia State Police Command has officially confirmed the kidnapping of Prof. Godwin Emezue, the Deputy Vice-Chancellor (Academics) of Abia State University Uturu. The incident occurred while he was refueling at a filling station in Umuopara. 

The Command's Public Relations Officer, Maureen Chinaka, issued a statement on behalf of Commissioner of Police, Kenechukwu Onwuemelie, revealing that the abduction took place at around 7 p.m. on January 26, 2024.


According to the statement, the hoodlums seized Prof. Emezue, along with his wife who was with him in their vehicle. The perpetrators confiscated his wife's ATM card, forcibly took the Deputy Vice-Chancellor into a Lexus SUV, and fled the scene. The police assured the public that they are mobilizing resources, including intelligence and technical support, to investigate the crime and ensure the safe release of the victim.


The police statement called for calm among the residents of Abia State, urging them to carry on with their daily activities while remaining vigilant and security-conscious. Additionally, the public was encouraged to provide any useful information that could aid in resolving the situation and enhancing overall security in the state.


As of the latest information, the abductors have not established contact regarding any ransom, according to a source from Abia State University. The situation remains under the scrutiny of law enforcement agencies as efforts are intensified to secure the release of Prof. Godwin Emezue.

Friday 12 January 2024

New Disease Outbreak in Nigeria, FG Warns

New Disease Outbreak in Nigeria, FG Warns


New Disease Outbreak in Nigeria, FG Warns




 In a recent report to RALD NEWS MEDIA, the Nigerian Federal Government issued a warning to citizens regarding the surge of Cerebrospinal Meningitis (CSM), particularly during the dry season. The 2022/2023 statistics revealed 2,765 suspected and 303 confirmed cases, with 190 deaths across 140 local government areas in 30 states, including the Federal Capital Territory.


Ifedayo Adetifa, Director General of the Nigeria Centre for Disease Control and Prevention (NCDC), emphasized the heightened risk during the dry season, attributing it to upper respiratory tract infections in crowded and poorly ventilated conditions. The majority of CSM cases are concentrated in the "Meningitis Belt," spanning 19 northern states, the FCT, and some southern states.


Adetifa assured the public of the government's active efforts in preventing, detecting, and responding to CSM cases. Despite advancements in surveillance, diagnostics, and vaccination, CSM remains a significant public health threat in Nigeria. Adetifa underscored the importance of vaccination, avoiding close contact with confirmed cases, and practicing respiratory hygiene. He also warned against smoking and household overcrowding.


To address the outbreak, the government has implemented collaborative measures, including regular communication with high-burden states. Adetifa urged state governments and public health authorities to mobilize resources for preparedness and response activities, emphasizing the need for enhanced coordination and communication nationwide. These measures aim to mitigate the impact of CSM outbreaks on people, health systems, economies, and communities during the heightened risk of the dry season.

Saturday 30 December 2023

Emir of Zazzau Commends The Alternative Bank's Non-Interest Approach for Economic Growth

Emir of Zazzau Commends The Alternative Bank's Non-Interest Approach for Economic Growth

Emir of Zazzau Commends The Alternative Bank's Non-Interest Approach for Economic Growth




RALD NEWS MEDIA Reports: Emir of Zazzau Commends The Alternative Bank's Non-Interest Approach for Economic Growth


Zaria, Kaduna State - Emir Ahmed Nuhu Bamali of Zazzau, Kaduna, lauded The Alternative Bank (TAB) during the inauguration of its inaugural branch in Zaria, emphasizing the institution's role in fostering economic growth through sustainable practices and responsible financial decisions.


In his keynote address themed 'Non-Interest Banking: Opportunities and Benefits for the Nigerian Economy,' the traditional ruler highlighted the manifold advantages of TAB, including economic inclusivity, risk-sharing, and commitment to principles of equality and cooperation.


Ambassador Bamali expressed optimism about TAB's potential contributions to GDP growth and support for MSMEs, urging the bank to establish a strong connection with the people of Zazzau Emirate.


Umar Umar, Regional Head of North-Central Sales, Products, and Propositions, emphasized TAB's rapid emergence as a leading non-interest banking entity in Nigeria, commencing with a modest portfolio and now boasting over N50 billion in capital.


Acknowledging the enduring partnership with Zaria's community, Umar expressed confidence in catalyzing the bank's business and benefiting customers in the region through the new branch. Describing Zaria's diverse customer base as "Musharrata," he underscored TAB's global reach as a fully digital bank, serving customers across Nigeria and beyond through digital channels.


Reflecting on TAB's decade-long journey from a window in Sterling Bank Limited to a standalone non-interest bank, Umar highlighted the institution's growth from an initial capital of N500 million to over N50 billion, showcasing unique products in the non-banking sector.


As the ethical banking subsidiary of Sterling Financial Services Holdings Company Plc (Sterling Holdco), TAB aims to make a lasting impact in the North-Central region, encompassing Benue, Kogi, Kwara, Nasarawa, Niger, Plateau, and the Federal Capital Territory, with the opening of its Zaria branch.

Thursday 21 December 2023

Port Harcourt Refinery Recommences Operation After Years Of Shutdown

Port Harcourt Refinery Recommences Operation After Years Of Shutdown

 

Port Harcourt Refinery Recommences Operation After Years Of Shutdown


RALD NEWS MEDIA has reported a significant development in Nigeria's oil sector after years of underperformance and maintenance challenges. According to RALD NEWS MEDIA, the Port Harcourt, Warri, and Kaduna refineries, with a combined processing capacity of 445,000 barrels per day, were closed in 2019 but are set to resume operations. Minister of State for Petroleum Resources Senator Heineken Lokpobiri, as quoted by RALD NEWS MEDIA, stated during an inspection tour that the Port Harcourt Refinery is expected to be operational by the end of the year, aiming to eliminate the need for fuel imports.


The revival follows the approval of $1.5 billion in funding by the Federal Government over two years ago, with Italian firm Maire Tecnimont chosen to lead the repair work on the Port Harcourt facility. RALD NEWS MEDIA highlighted the phased approach to rehabilitation outlined by then-Minister of Petroleum (State) Timipre Sylva, aiming to reach 90% production capacity within 18 months, followed by subsequent phases.


Nigeria, despite being Africa's leading oil producer, has faced fuel shortages due to a lack of domestic refining capacity. RALD NEWS MEDIA emphasized the government's efforts, part of the overhaul of the Nigerian National Petroleum Company Limited (NNPCL), to enhance performance at state-owned refineries. The resumption of operations at the Port Harcourt refinery, coupled with ongoing efforts at the Dangote Refinery, is anticipated to boost fuel supply in Africa's largest oil producer and potentially impact fuel costs, especially with the removal of fuel subsidies. RALD NEWS MEDIA provides comprehensive coverage of these developments, signaling positive strides in Nigeria's oil and refining sector.

Wednesday 20 December 2023

 Railway Vandals and Illegal Miners Apprehended by NSCDC, FCT Command

Railway Vandals and Illegal Miners Apprehended by NSCDC, FCT Command

 Railway Vandals and Illegal Miners Apprehended by NSCDC, FCT Command



In a recent development, the Nigeria Security and Civil Defence Corps (NSCDC), FCT Command, successfully apprehended two suspected railway vandals and eleven individuals engaged in illegal mining activities. The Critical National Assets and Infrastructure unit of the command played a crucial role in capturing the railway vandals, who were found guilty of willfully vandalizing rail tracks and traffic lights in the Wuye Area of the territory.


The NSCDC, in collaboration with the Nigerian Army, executed a coordinated operation resulting in the arrest of 11 suspects involved in illegal mining at Izom, a community situated at the FCT and Niger State boundary. Comfort Okomanyi, the spokesperson of the NSCDC in FCT, confirmed the incident in a statement released on Tuesday, December 19, 2023.


FCT Commandant Olusola Odumosu, who led the suspects to the command, emphasized the proactive measures taken to deter criminals within the territory. He underscored the commitment to combat various forms of criminality, including vandalism of critical national assets, illegal mining activities, and more.


"There is no plan to retreat on this mission as they must all be brought to book. Active efforts are underway to apprehend their masterminds who are still at large," declared Odumosu, emphasizing the relentless pursuit of those responsible for economic sabotage through illegal mineral resource exploitation.


Warning against criminal activities, the Commandant affirmed a zero-tolerance approach to vandalism of critical national assets, one-chance syndicates, scavengers, and kidnappers within the FCT jurisdiction. He assured citizens that the NSCDC remains dedicated to identifying and apprehending individuals or groups engaged in activities undermining safety and prosperity.


As the apprehended suspects undergo investigation, the NSCDC affirms its commitment to charging them to court, leveraging the obtained information to determine their culpability or potential affiliation with other notorious criminal syndicates involved in illegal mining operations within the FCT.

Monday 18 December 2023

Pope Francis Approves Blessings for Same-Sex Couples in Historic Shift for Catholic Church

Pope Francis Approves Blessings for Same-Sex Couples in Historic Shift for Catholic Church

 

Pope Francis Approves Blessings for Same-Sex Couples in Historic Shift for Catholic Church

In a groundbreaking move reported by RALD NEWS MEDIA, Pope Francis has officially granted approval for Roman Catholic priests to bless same-sex couples, marking a significant shift in the church's stance towards the LGBTQ+ community. The Vatican document, endorsed by the pope, specifies that these blessings are permissible as long as they are not integrated into regular Church rituals or liturgies and are not conducted simultaneously with a civil union. This decision builds upon the pope's earlier expression of openness to bless same-sex couples in October, departing from the Vatican's 2021 stance that outright prohibited such blessings, citing that God "cannot bless sin."


Under the leadership of Cardinal Victor Manuel Fernandez since July 2023, the Vatican's doctrine department has adopted a distinct approach. The joint declaration by Cardinal Fernandez and another official stresses that an exhaustive moral analysis is not a prerequisite for conferring blessings upon request. It highlights the understanding that the grace of God operates in the lives of those who, acknowledging their imperfections, humbly see themselves as sinners.


The recent ruling specifically introduces "the possibility of blessings for couples in irregular situations and for couples of the same sex," placing the decision-making responsibility on the "prudent and fatherly discernment of ordained ministers."


Renowned Jesuit priest and LGBTQ advocate James Martin, supported by Pope Francis, views this decision as a "huge step forward in the church’s ministry to same-sex couples." He underscores that it allows non-liturgical blessings for same-sex couples, deviating from previous restrictions on bishops, priests, and deacons. Martin expresses his joy at having the opportunity to bless his friends in same-sex marriages.


Pope Francis, gradually steering the church toward a more inclusive approach to LGBTQ Catholics since 2013, when he famously remarked, "Who am I to judge?" His endorsement of civil recognition for same-sex couples and a more compassionate language towards the LGBTQ community diverge from past Vatican positions. The ruling makes clear that offering blessings to same-sex and unmarried couples does not endorse their status or alter the Church's enduring teachings on marriage.


While the Catholic Church maintains its stance on sex within marriage, the ruling emphasizes that the meaning of a blessing extends beyond a narrow perspective. It cautions against imposing excessive moral prerequisites, emphasizing the unconditional power of God's love. Pope Francis, committed to a more compassionate approach, rejects a role for the Church as mere judges, advocates for a broader understanding of blessings, and faces potential resistance from a minority within the church, as reported by RALD NEWS MEDIA.

Sunday 17 December 2023

Abdul Imoyo, esteemed media manager at Access Bank Group, dies in Lagos

Abdul Imoyo, esteemed media manager at Access Bank Group, dies in Lagos

Abdul Imoyo, esteemed media manager at Access Bank Group, dies in Lagos

RALD NEWS MEDIA regrets to announce the untimely passing of Abdul Kolawole Imoyo, a distinguished figure in corporate communications renowned for his adept handling of customer inquiries and Access Bank Group infomercials. Mr. Imoyo, who served as the head of the frontline financial services group's corporate communications, passed away in the early hours of December 17, 2023, following a brief illness, as disclosed by his brother Tunde Imoyo.


While the bank is yet to issue an official statement, it is evident that Mr. Imoyo's contributions were highly valued within the industry. His notable collaborations with Access Bank's top executive, Herbert Wigwe, were highlighted in his online profile. Media professionals, including Emmanuel Okeke, a Lagos-based newspaper editor, praised Mr. Imoyo for his prompt responses to media inquiries and his adeptness in fostering business partnerships with various media agencies.


Even in challenging situations where media reports stirred anxiety at the company's headquarters, Mr. Imoyo remained a composed professional. Emmanuel Okeke noted that Mr. Imoyo played a crucial role in educating corporate communications departments in other institutions, leaving behind a void that will be felt for an extended period.


Mr. Imoyo's journey in corporate communications began after graduating from Lagos State University in 2002. After obtaining an MBA from the University of Lagos, he commenced his career as a corporate communications officer at the United Bank of Africa before joining Access Bank.


In a 2021 interview, Mr. Imoyo acknowledged the evolving nature of journalism into a 24/7 commitment, a reality he embraced in his role as a media manager. He emphasized the challenges of working in a constantly evolving media landscape, where news dissemination occurs across print, TV, radio, and online platforms.


Despite the demanding nature of his profession, Mr. Imoyo found solace in the positive rapport he maintained with the media. In an interview with reporter Susan Awobiye, he expressed gratitude for the goodwill extended to him by his colleagues in the field.


RALD NEWS MEDIA extends condolences to the family, friends, and colleagues of Abdul Kolawole Imoyo. Stay tuned for further updates on this unfortunate event at [https://www.raldnewsmedia.com.ng](https://www.raldnewsmedia.com.ng).

Saturday 16 December 2023

BIASED JUDGMENT OF THE SUPREME COURT OF NIGERIA AGAINST MAZI NNAMDI KANU HAS ERODED HOPE IN THE RULE of LAW IN NIGERIA-IPOB

BIASED JUDGMENT OF THE SUPREME COURT OF NIGERIA AGAINST MAZI NNAMDI KANU HAS ERODED HOPE IN THE RULE of LAW IN NIGERIA-IPOB

BIASED JUDGMENT OF THE SUPREME COURT OF NIGERIA AGAINST MAZI NNAMDI KANU HAS ERODED HOPE IN THE RULE of LAW IN NIGERIA-IPOB


RALD NEWS MEDIA REPORTS ON CONTROVERSIAL SUPREME COURT JUDGMENT AGAINST MAZI NNAMDI KANU


In a strongly worded statement, the Indigenous People of Biafra (IPOB) condemns the Supreme Court of Nigeria's judgment against its leader, Mazi Nnamdi Kanu, asserting that it has undermined hope in the rule of law in Nigeria.


According to IPOB, the decision to transfer the case back to a lower court is perceived as a deliberate attempt to delay justice for Kanu, and the global movement warns that any unrest in Nigeria during this period should hold the Supreme Court Justices accountable.


IPOB alleges collusion between the Supreme Court Justices and the Nigerian government, contending that the biased judgment reflects an alliance to perpetuate injustice against Kanu and the IPOB movement. The group questions the Supreme Court's endorsement of international kidnapping and extraordinary rendition, accusing the Justices of speaking from both sides of their mouths.


Furthermore, the statement accuses President Tinubu of pursuing an ethnic cleansing agenda against the Igbo people, linking his government and the APC political party to the demolition of Igbo properties in Lagos and escalating insecurity in Alaigbo.


IPOB claims to have uncovered alleged bribery attempts to influence the Supreme Court Justices, listing governors, prominent individuals, and religious leaders who purportedly contributed funds for this purpose. The movement asserts that these actions contribute to the continuous illegal detention of Mazi Nnamdi Kanu.


In a scathing critique, IPOB declares that the compromised Supreme Court Justices, Igbo traitors, and Tinubu's government have collectively "murdered the rule of law and the justice system in Nigeria." The statement concludes with a pessimistic outlook, declaring that the remaining confidence in the rule of law in Nigeria has been completely eroded, labeling the country as irredeemable.

Friday 15 December 2023

Former Anambra State Governor, Dr Chukwuemeka Ezeife, Passes Away at 85

Former Anambra State Governor, Dr Chukwuemeka Ezeife, Passes Away at 85


Former Anambra State Governor, Dr Chukwuemeka Ezeife, Passes Away at 85

         Dr.Chukwuemeka Ezeife

 The late Dr. Chukwuemeka Ezeife, affectionately known as 'Okwadike,' was a distinguished figure who served as the governor of Anambra State from January 1992 to November 1993 during the Third Republic. Born on November 20, 1938, his contributions extended beyond state governance, encompassing roles as a Federal Permanent Secretary, Political Adviser to the President, and a Presidential aspirant.


His passing, confirmed in a statement by Chief Rob Ezeife on behalf of the Ezeife Dynasty of Igbo-Ukwu, occurred on December 14 at 6 pm in the Federal Medical Centre, Abuja. The family expressed deep sorrow and announced that more details about Dr. Ezeife's life, as well as arrangements for his state burial, will be disclosed later.


The statement serves as a poignant acknowledgment of the significant impact Dr. Chukwuemeka Ezeife had on Anambra State and Nigeria's political landscape. May his soul rest in peace.