News
BREAKING: Many Trapped in Banana Island Building Collapse
Banana Island building collapse has left many trapped in it.
Newsmaxngr reports that a three-storey building under construction on Banana Island, Lagos State, Nigeria’s commercial city, has collapsed, trapping several construction workers.
This online news platform understands that Banana Island, which is one of the most expensive places to live in Africa, is an artificial island off the foreshore of Ikoyi, Lagos. The name of the posh island derives from the curvature of its shape.
The Lagos Territorial Head of the National Emergency Management Agency (NEMA) confirmed the incident in a brief update Wednesday evening, April 12, 2023.
Newsmaxngr reports that the Acting Coordinator of the South-West Zonal Office of the National Emergency Management Agency (NEMA), Ibrahim Farinloye, who confirmed the Banana Island building collapse, said that he and his team were on their way there.
“A report of 3 Storey building under construction was just received at Banana Island. Workers trapped. We are mobilising to respond,” he said.
Meanwhile, this Banana Island building collapse is the latest in the rampant cases of building collapse in the state in recent years.
News
FirstBank Confirms Appointment of Olayinka Ijabiyi as Group Head, Marketing and Corporate Communications
FirstBank, West Africa’s premier financial institution and financial inclusion service provider, has confirmed the appointment of Olayinka Ijabiyi as the substantive Group Head, Marketing and Corporate Communications. The appointment takes immediate effect and reinforces strong corporate governance at a pivotal point in the Bank’s growth and transformation journey.
Olayinka Thomas Ijabiyi is a seasoned marketing and corporate communications professional with over 25 years of experience driving brand transformation, strategic visibility, and stakeholder engagement across financial services, telecommunications, media, and international development sectors.
Ijabiyi joined FirstBank in 2011 and has served in acting capacity as the Group Head of Marketing and Corporate Communications from December 2024 until his recent confirmation. In his role, he leads the development and execution of integrated marketing and corporate communications strategies across the Group’s markets. He oversees brand and reputation management, executive positioning, Corporate Responsibility and Sustainability as well as strategic communications initiatives aligned to the Bank’s business objectives/aspirations.
Prior to his current role, Ijabiyi has held leadership positions within the Marketing and Corporate Communications Department in FirstBank, including Head Brand Strategy and Special Projects, Head Digital Marketing and Head Brand and Stakeholder Management.
Before joining FirstBank, Ijabiyi built a diverse career across leading organizations including British Council, Multichoice, MTN and Etisalat Nigeria, where he played key roles in brand building, corporate communications and digital transformation initiatives.
Widely recognized for his strategic mindset, leadership ability to translate business objectives into impactful marketing and communications strategies, he has successfully led major brand initiatives, including milestone anniversary campaigns and brand refresh programs, while consistently delivering efficiencies and enhancing brand equity.
Ijabiyi holds a Master’s degree in Public and International Affairs from the University of Lagos and a Bachelor’s degree in English Language from the former Ondo State University, Ado Ekiti. He is a Fellow of the National Institute of Marketing of Nigeria (NIMN) and a member of the Nigerian Institute of Public Relations (NIPR), amongst other industry bodies.
News
ZENITH BANK TARGETS FRANCOPHONE GROWTH WITH NEW CÔTE D’IVOIRE SUBSIDIARY
Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy.
The official opening ceremony, scheduled to hold on Wednesday, April 29, 2026, is expected to attract senior government officials and regulators from Nigeria and Côte d’Ivoire, continental business leaders, and members of the diplomatic community, highlighting the strategic economic ties and investment opportunities between the two markets.
The new subsidiary, licensed in December 2025 by the Ministry of Finance and Budget, Republic of Côte d’Ivoire, and regulated by the UMOA Banking Commission, will commence operations from its headquarters at SCI Wall Street, Avenue Noguès, Plateau, Abidjan.
The launch represents a strategic move to deepen the Bank’s presence in Francophone West Africa and strengthen financial intermediation within the West African Economic and Monetary Union (WAEMU). Positioned as a gateway for cross-border trade and investment, Zenith Bank Côte d’Ivoire will focus on corporate banking, trade finance, local and offshore banking services, and structured financial solutions tailored to businesses operating across Africa and internationally.
Commenting on the launch, the Group Managing Director/CEO, Dame Dr. Adaora Umeoji, OON, said: “From the very beginning, our Founder and Chairman, Jim Ovia CFR, set out to build a truly global brand with a strong presence across Africa and key international markets. The launch of Zenith Bank Côte d’Ivoire is a bold step in realising that vision; opening a strategic corridor into Francophone West Africa and reinforcing our commitment to facilitating trade, investment, and enterprise growth across the continent. As we continue to expand thoughtfully and strategically, we remain focused on delivering world-class banking solutions that connect African businesses to global opportunities.”
The new subsidiary will be headed by MD/CEO Mr. Cédric Tano, a seasoned banking executive with over two decades of experience. Speaking ahead of the official opening, he said “We are proud to establish Zenith Bank’s presence in Côte d’Ivoire at a time of strong economic growth in the country and increasing regional integration. Our focus is to showcase the Zenith brand as a customer-centric institution that combines global best practices with deep local insight. We are well positioned to support businesses with innovative financing solutions, facilitate cross-border trade, and contribute meaningfully to the growth of the Ivorian economy and the wider WAEMU region.”
The Côte d’Ivoire launch forms part of Zenith Bank’s broader continental growth strategy. In addition to the Anglophone countries where it currently operates, and in line with the expansion into the Francophone market, the Bank has commenced its entry process into the CEMAC (Central African Economic and Monetary Community) region, with Cameroon as the focal point.
With a footprint already spanning Nigeria, Ghana, Sierra Leone, The Gambia, the United Kingdom, France, the UAE, and China, Zenith Bank continues to bridge African markets with global opportunities, enabling seamless trade and financial connectivity across the continent and beyond.Founded in 1990, Zenith Bank has grown into one of Africa’s most respected banking institutions, boasting a robust capital base and a consistent track record of strong financial performance. For 16 consecutive years, the Bank has held the record of highest Tier-1 capital in the Nigerian banking industry. Built on the foundation of People, Technology, and Service, Zenith Bank continues to deliver innovative financial solutions while maintaining a disciplined approach to growth and risk management. Its performance has earned it numerous local and international recognitions and endorsements.
News
Military inaugurates court-martial for alleged 36 coup plotters
The Nigerian military has inaugurated a general court-martial to try 36 personnel accused of involvement in an alleged plot to overthrow the administration of President Bola Tinubu.
The court-martial, set up by the defence headquarters, was inaugurated on Friday at the Scorpion Mess in Asokoro, Abuja, under tight security, with proceedings held behind closed doors.
Accredited journalists, including defence correspondents who had received prior invitations, were denied access to the venue.
Security personnel also barred the use of mobile phones as the 36 defendants were transported to the facility in an Army Headquarters Garrison bus at about 8:53 a.m.
The military trial is running alongside separate criminal proceedings initiated by the Federal Government at the Federal High Court in Abuja.
On April 22, the Attorney-General of the Federation, Lateef Fagbemi, arraigned other suspects linked to the same alleged plot before Justice Joyce Abdulmalik. The defendants — including retired military officers, a police inspector, and civilians — pleaded not guilty to a 13-count charge bordering on treason, terrorism, and money laundering.
The prosecution alleges the group conspired in 2025 to overthrow the government and failed to report the plot. The court has ordered their remand in the custody of the Department of State Services (DSS), with an accelerated hearing scheduled for April 27.
The parallel trials have triggered legal debate. Human rights lawyer Femi Falana has urged the AGF to invoke Section 174 of the Constitution to discontinue the military trial and consolidate all cases before the Federal High Court.
“Courts-martial lack the jurisdiction to handle such grave constitutional offences,” Falana said, arguing that treason and terrorism cases fall under the exclusive jurisdiction of civilian courts.
He also questioned the consistency of prosecuting some suspects in civilian courts while trying others before a military tribunal over the same allegations.
The military had earlier said the alleged coup plot was uncovered through internal intelligence, leading to multiple arrests. Meanwhile, families of the accused and activist Omoyele Sowore have called for a transparent, civilian-led trial to safeguard the defendants’ fundamental rights.
-
Politics2 years agoBREAKING: Abiodun emerges chairman of Southern Governors Forum
-
Business1 year agoZENITH BANK ASSURES SHAREHOLDERS OF QUANTUM LEAP IN FUTURE DIVIDENDS AT 34TH AGM, PAYS N195.67 BILLION FOR 2024 FINANCIAL YEAR
-
News2 years agoZenith Bank Enhances Customer Online Experience with Revamped Digital Channels
-
News1 year ago‘No Disparity,’ NUPRC Confirmed 1.8m bopd NNPC Ltd Oil Production Figures At NAPE Conference’
-
News1 year agoFirstBank holds groundbreaking ceremony for new 40-storey eco-friendly HQs in Lagos
-
News1 year agoFIRSTBANK FILES APPEAL
-
Business1 year agoZENITH BANK ACHIEVES DOUBLE-DIGIT GROWTH IN GROSS EARNINGS, PROPOSES N4.00 FINAL DIVIDEND IN FULL YEAR 2024
-
News2 years agoUS indicts Air Peace CEO, Onyema, in fresh charges
