7 months ago

BusinessDay 11 Apr 2018


14 BUSINESS DAY COMPANIES & MARKETS C002D5556 Wednesday 11 April 2018 FCMB Opens Flexx Hub at LASPOTECH, Hands-over Reconstructed School Gate First City Monument Bank (FCMB) has deepened its youths empowerment and development drive by opening a Flexx Hub, specially designed automated branches to cater for the banking needs of students on campuses, at the Lagos State Polytechnic (LASPO- TECH), Ikorodu on April 9, 2018. In addition, the Bank has handed over the main gate of the institution which it reconstructed as part of its Corporate Social Responsibility (CSR) initiatives to the management of the school. The FCMB Flexx Hub also serves as anexclusive banking arena where basic banking transactions can be carried out by the Bank’s customers who hold its youth account, known as Flexx. This is the fourth of such structure to be unveiled by FCMB in Nigeria and will further solidify its existing relationship with the youth segment in a sustainable manner. It is one of the innovations of the financial institution to simplify banking services and Okechukwu Enelamah, minister for industry, trade and investment, is expected to lead discussion at the Redeemer’s Men’s Fellowship, Region 19 Men’s Conference. The theme of the conference is, ‘The Nigeria Dream Beyond Oil’ and will take place at RCCG Dominion Sanctuary, Ogba-Ikeja, Lagos on Saturday May 12, 2018. Speaking ahead of the maiden Regional Men’s Conference, Brown Oyitso, pastor in charge of the region, explained that the idea is to get the church involved in setting agenda for national development. “Our vision is to raise distinct men of excellence and impact by not only creating the right platform for engagement but at the same time setting the agenda for positive engagement that will impact on the lives of our members and the country at large,” he said. Among distinguished speakers expected at the Conference are Kayode Pitan, managing director of Bank of Industry, and Opeyemi Agbaje, CEO of Resources and Trust Company (RTC) Advisory Services Ltd. On what to expect at the event, Amos Emovon, regional men’s coordinator, noted that for an economy a testament to FCMB’s dedication, commitment and unwavering support to Nigerian youths. FCMB believes this innovative idea of having hubs within campuses would bring banking closer to their target market and also position their bank to support their dreams and aspirations. The FCMB Flexx Hub provides holders of the Flexx account the privilege to enjoy extra benefits, such as wifi, charging ports etc. The Flexx proposition has been designed to meet the overall financial and other socio-economic needs of young people from the age range of 16 to 25years. This is summarized in the description of Flexx as, “An app, a card, an account”, features which give account holders the freedom to bank on the go, using the Flexx Mobile App and also using *329#. The opening of the FCMB Flexx Hub at LASPOTECH included series of exciting, empowering and rewarding activities for the students and other attendees. There were appearance and performances by popular celebrities and motivational speakers. Good music, game shows, dancing competitions as well as talent contests, during which participating students and other youths won various gifts, featured at the unveiling event. Declaring the Flexx Hub open, the Executive Director, Business Development of FCMB, Mrs. Bukola Smith, said that the development will go a long way to promote financial inclusion among students of LASPOTECH Ikorodu, surrounding academic institutions and communities. According to her, ‘’what the establishment of FCMB Flexx Hub has brought to the fore for our teeming young customers is to see banking as simple. We want them to adopt mainstream financial services early in life in our financial inclusion campaign, while using the Flexx Hub as a vehicle. The goal is to inspire and empower them and in the process, reinforce FCMB’s values as simple, reliable and a helpful financial institution anchored on the culture of excellence’’. Trade minister leads discussion on ‘The Nigeria Dream Beyond Oil’ at Men’s Conference 2018 that has depended majorly on revenues from oil, there is no better time than now to discuss alternative investment opportunities in the country. “Participants in this year’s edition of the conference will be exposed to opportunities in other sectors of the Nigerian Economy beyond oil. There will be breakout sessions on Agriculture, Real Estate, Energy, SME and Information Technology, among others.” The RMF Region 19 Conference is expected to become an annual gathering of men representing all RCCG provinces under the region. It is designed as an annual platform for empowerment and networking. Business Event L-R: Nnamdi Ilodiuba, president, Institute of Safety Professionals of Nigeria; Frank Ero, general manager, Alpha Mead Security Systems and Technology (AMST), and Reginald Anyawu, oresident, ‎National Industrial Safety Council of Nigeria (NISCN), at the Securex West Africa Conference in Lagos. L-R: Segun Oduyemi, Lagos regional sales director, Nigerian Bottling Company; Rita Osayamen, one of the lucky winners of Coca-Cola’s “Score a Trip to Russia” promo; Soji Omoigui, senior brand manager, Coca-Cola Nigeria Limited, and Eduardo Pontual, Nigeria Franchise Director (South) Coca-Cola Nigeria Limited, during the official presentation in Lagos. L-R: Ituah Ighodalo, senior pastor, Trinity House; Tunde Bakare, guest speaker and Olayide Bakare, at the Word & Power Conference of Trinity House in Lagos. L-R: Emmanuel Agu, portfolio manager, mainstream, Lager and Stout brands NB Plc; Former BBNaija Housemates, Oluwabamike Olawumi, and Tope Teddy Adenibuyan, and Oluseun Lawal, brand manager,“33” Export & Stout NB Plc, during a courtesy at the Nigerian Breweries Headquarters, Courtesy of Legend Extra Stout. L-R: Funmi Sowemimo, sisi oge contestant; Nike Okundaye, founder/CEO, Nike Art Gallery Ltd; Owoyemi Kabirat, sisi oge contestant, and Hemait Nahar, general manager, Lush hair Extensions, at the 2018 sisi oge hair braiding festival sponsored by Lush hair Extension held in Lagos.

Wednesday 11 April 2018 BUSINESS DAY 15 CITYFile A cross-section of Female Artisans, during the inauguration of residential capacity building programme for female artisans in Abuja. NAN Police recover 425 firearms, extend deadline KEHINDE AKINTOLA, Abuja The joint enforcement task force constituted by Ibrahim Idris, the Inspector General of Police (IGP), has recovered 425 illegal and prohibited firearms from the public. The recoveries, according to the police, were made as follows: Benue 47, Borno 32, Kaduna 70, Nasarawa 35, Lagos 200, FCT 78, Taraba 56, Rivers 140, Adamawa 14, Katsina 198, Abia 1,280, Kogi 67 and Delta 12. The categories of the prohibited arms include artillery — apparatus for the discharge of any explosives of gas diffusing projectile, rocket — weapons, bombs and grenades. Others are machine-guns and machinepistols, military rifles, those of calibers 7.62mm, 9mm, .300 inches, revolvers and pistols whether rifled or unrifled (including flint-lock pistols and cap pistols), pump action guns and other firearm/lethal weapon fabricated to kill. The IGP recently gave a February 22 to NDLEA arrests 25, seizes 122kg of banned drugs National Drugs Law Enforcement Agency (NDLEA) has arrested 25 suspects and seized 122.78kg of banned drugs in Gombe since January. Aliyu Adole, state commandant of the NDLEA in Gombe, said that the agency FCTA releases guidelines for commercial vehicles March 14 deadline for the return of prohibited firearms to police. Jimoh Moshood, the force spokesman, who released the statistics while briefing newsmen on the ongoing recovery of prohibited firearms, in Abuja on Monday, said the deadline had been extended to April 30, with effect from April 9. “The IGP has graciously extended the ultimatum for another 21 days with effect from April 9 to April 30. This is as a result of impressive compliance by Nigerians across commands in the country and also to grant public request for an extension.” The spokesman added that the recovery was achieved by members of the joint task force constituted by the inspector-general of police. He said firearms recovered include: 114 AK 47 rifles, 17 English made pistols, 27 pump action guns, 28 barrel gun, 21 locally made revolver guns, Sub Machine Guns (SMG), two General Purpose Machine Guns, (GPMG). Moshood added that some of the arms Transport Secretariat of the Federal Capital Territory Administration (FCTA) has released more guidelines for commercial vehicles, operating within Abuja. Kayode Opeifa, the transport secretary of FCTA, released the guidelines after a meetalso secured the conviction 20 of suspects who are serving various prison terms. “Within this period, we removed 122.78kg drugs from circulation. In March alone, we recovered 92.39kg compared with February when we had 543g,” he said. Adole called on all stakeholders to join ing with all the Licensed Taxi Operators, Monday, in Abuja According to him, all commercial vehicles- high capacity buses, mini/mid buses, taxis, tricycles and motorcycles must carry red number plates. “All passenger service (commercial) were returned voluntarily, while some were recovered by the team. He noted that extension of deadline for surrendering of prohibited firearms was based on impressive turnout recorded so far. He warned that after the expiration of the deadline, the force would arrest and prosecute those keeping such arms. The spokesman said no one would be arrested for voluntarily returning firearms acquired illegally. He explained that “this operation which is still ongoing among other purposes, is aimed at full enforcement of the Firearms Act.” On the success of the exercise in the commands, Moshood said 12 state commands recorded successes since the beginning of the directive. He added that “all state commands have made good successes in the area of recovery of illegal and prohibited firearms. He explained that the force was mopping up prohibited firearms in the country to ensure the safety of lives and property of Nigerians. in the fight against drug abuse. He also urged parents and guardians to warn their children against joining gangs which, he said, encouraged drug abuse. “I am advising you to talk to your children. If you do not talk to them, somebody outside the family will talk to them and it will be dangerous. vehicles must be registered in Abuja and must carry FCT number plate with effect from October 1, 2018. All taxis operating within the FCT must be air-conditioned on or before October 1, 2018. “All passenger service (commercial) vehicles must carry two (2) valid certificate of ‘I rob stranded motorists with toy gun’ JOSHUA BASSEY A 20-year man arrested by operatives of Rapid Response Squad (RSS), an anti-crime outfit of Lagos State police command has confessed to the use of a toy gun to rob stranded motorists around Adeniji Adele end of the Third Mainland Bridge. The suspect, Rilwan Wasiu from Oyo State was arrested at Adeniji Adele under bridge around 10:00 pm while fighting with his girlfriend. The officers according to report sighted the suspect beating his girlfriend late at night by the road side. The officers stopped to mediate in the dispute when a toy gun fell off the body of the suspect. The suspect had attempted to run away immediately the toy gun fell off his body when he was promptly apprehended and taken to the RRS headquarters. Wasiu had initially claimed that he picked up the toy gun from where he was sleeping under the Adeniji Adele Bridge. “I found the toy gun where I was sleeping. I was going to destroy it before the misunderstanding with my girlfriend”. On further interrogation, the suspect disclosed that he belonged to a three-man robbery team dispossessing stranded motorists and passers-by around Adeniji Adele end of Third Mainland Bridge of their belongings. According to him, his two other gang members include Salami and Sakiru and that they operate at night after working as bus conductors during the day. Chike Oti, spokesperson of the Lagos police command said that the deployment of more police officers to checkmate the activities of criminals on the Third Mainland Bridge was paying off. The suspect has been transferred to FSARS for further investigations. EFCC arrests man with fake $400,000 notes Economic and Financial Crimes Commission (EFCC) has arrested one Samson Otuedon with fake $400,000 notes. Spokesman of the commission, Wilson Uwujaren, disclosed this in Abuja on Monday. Uwujaren said the suspect was arrested at Masaka in Karu local government area of Nasarawa State on Saturday for currency counterfeiting. “Otuedon, who specialised in counterfeiting foreign currencies, was apprehended following an intelligence report on the activities of a syndicate of fraudsters, duping unsuspecting victims in the Masaka area of the state. “The commission, upon the receipt of the report, swung into action by putting the area under surveillance, an action that led to the eventual arrest of the suspect on Saturday. Upon arrest, over $400,000 were recovered,” he said. The EFCC spokesman said the suspect told interrogators that the fake dollars were given to him by other members of his syndicate based in Lagos. Otuedon was alleged to have confessed to the crime, and also admitted that the syndicate used fake dollars for money doubling. Uwujaren said Otuedon would be charged to court as soon as investigations were concluded. road-worthiness from FCT Computerised Roadworthy Test Centre issued in the last 9 months,’’ he said. Opeifa said that drivers of all passenger service (commercial) vehicles must be in possession of a valid driver’s licence and must be certified by the secretariat in line with relevant FCT Regulations. He added that owners of the Passenger Service Vehicle (PSV) must show evidence of tax payment in the FCT.

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