The dad and mum of four kids – three boys and a girl – found suffocated to death together in a disused deep freezer same day have been arrested by the police on suspicion of murdering them. The children’s Nigerian mum, known simply as Auntie Mary, had earlier in the day at 3pm left them in the care of their father, Mallam Zakaria Adogbru, a Beninios spiritual, and gone to the market. At 5pm Mallam Adogbru left the children at home and went out. When they returned, all four kids were nowhere to be found. A search for them in…
Author: Pride Team
A rampaging mob incensed at the alleged involvement of LASTMA officials in the tragic death of a bus conductor in Lagos invaded the LASTMA zone 30 Cele-Ijesha office and unleashed mayhem and destroyed impounded vehicles and other valuables. The conductor, Ikechukwu Abarisim, had allegedly been pulled off his moving vehicle by a policeman, who intended to arrest him, onto the Oshodi-Apapa expressway at Cele Junction and then crushed to death by another vehicle on Monday. Another policeman, or LASTMA man according to some reports, who was said to be driving another vehicle reportedly crushed Abarisim’s head after he fell to…
By Alex C Real estate has benefited from the improving performance of Nigeria’s economy in the past 12-18 months, having seen a significant appreciation in the value of prime property, especially land, in highbrow locations. Recent report on the Lagos real estate market in the third quarter of 2014 compiled by MCO Real Estate Limited, a Lagos-based real estate research and consultancy firm, reveal that Eko Atlantic City and Banana Island have shown strong price appreciation of about 22 percent over the past year. According to the report, whereas the mature Ikoyi market has not shown any appreciation in value…
By Alex C United Bank for Africa (UBA) plc has announced a deal with Ixaris and its Nigerian partner “Ojapay” to deploy a virtual card platform across its 20 African markets. UBA will use Ixaris payment server to deliver innovative payment options for individuals and corporates. The e-commerce market in Africa is predicted to reach $75 billion by 2025. Presently, many consumers and businesses across the continent currently lack a secure, convenient and low-cost means to make purchases online. To take a share of the market opportunity, UBA selected Ixaris Payments Server to quickly and cost-effectively deploy payments programmes based…
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By Alex C Oasis Insurance plc third quarter (Q3) profit has risen by 113.9 percent as the Nigerian insurer continues to grow through its market penetrating products, analysis of the financial statement shows. The impressive result beats analysts estimate, given the environmental challenges bedeviling the industry. For the nine months through September 2014, Oasis pretax profit surged by 113.9 percent to N238.94 million, from N111.72 million the same period of the corresponding year (Q3) 2013. The company also recorded impressive result at the top-line level as gross premium written increased by 13.70 percent to N1.31 billion, as against N1.15 billion…
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My dear son, When I was in my teens, the following story was told to me. If I tell the truth, I am not sure I intuited into the import of the story then. The deep wisdom embedded in this story is well worth reflecting on, so that one is guided by it as one journey’s through life. “Once a fisherman was sitting near a seashore, under the shadow of a tree relaxing and drinking some palm wine. Suddenly a rich businessman passing by approached him and enquired as to why he was sitting under a tree with a bottle…
The Ministry of Defence of South Africa has unwittingly left out of the bag the existence of a secret spy satellite project that has been kept under wraps for years. Secretary of Defence Sam Gulube, lifted the veil on the “military satellite”, said to be Africa’s only top secret spy satellite when he referred to it under parliament’s portfolio committee on defence. The South African government machinery has been in over drive to cover up the project following an admission regarding its existence parliament. This spy satellite is considered one of the department of defence’s items of “fruitless and wasteful expenditure” as…