REMA BECOMES FIRST AFRICAN ARTIST ON ROLLING STONE COVER. (PHOTO).

-
Image
 Rema Becomes First African Artist on Rolling Stone Cover Nigerian music star Divine Ikubor, popularly known as Rema, has made history as the first African artist to be featured on the cover of Rolling Stone magazine. The American publication, renowned for its coverage of music, politics, and pop culture, announced Rema as the cover star for its April 2025 edition. Mavin Records celebrated the achievement on Instagram, calling him the “Afrobeats Visionary.” Following the announcement, Rema delivered an electrifying performance at the Rolling Stone concert, thrilling audiences with hits like Dumebi, Woman, and Calm Down. This milestone further solidifies Rema’s influence in global music, coming shortly after his feature on Dazed magazine. Since rising to fame in 2019 under Mavin Records, Rema has continued to push Afrobeats to new heights. His hit song Calm Down, featuring Selena Gomez, became the most streamed Afrobeats track in history, surpassing a billion streams on Spotify and ...
Post a Comment

APPEAL COURT AFFIRMS ORDER FOR UNION BANK SUBSIDIARY TO REFUND ₦75.5M EXCESS CHARGES. (PHOTO).

-


 Appeal Court Affirms Order for Union Bank Subsidiary to Refund N75.5m Excess Charges


The Court of Appeal in Lagos has upheld a Lagos State High Court ruling ordering Union Homes Savings and Loans Plc, a subsidiary of Union Bank Plc, to refund N75.5 million in excess charges to Abimbola Foods Limited, along with accrued interest until full repayment.


In a lead judgment delivered by Justice Ntong Ntong, the appellate court ruled that Union Homes breached the terms of its loan agreement by calling in an N18 million loan prematurely and continuing to debit the respondent’s account by N16 million after terminating the transaction.


The court also upheld the order for Union Homes to release Abimbola Foods’ property title documents used as loan security and imposed a N200,000 cost against the bank. The justices condemned the excessive charges as exploitative and cautioned other banks against similar practices.


Abimbola Foods had accused Union Homes of violating their banker-customer relationship by making unauthorized withdrawals and failing to honor the loan terms agreed upon in a letter dated January 26, 2009. The Lagos State High Court ruled in its favor in 2017, prompting Union Homes to appeal the decision.


The appellate court rejected Union Homes' arguments, affirming that the respondent’s case was valid, forensic evidence was properly admitted, and the bank failed to substantiate its counterclaim. Consequently, the appeal was dismissed for lacking merit, with the trial court’s ruling remaining in effect.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misc...
Read more