Author: Seyi Godwin

The Nigeria Deposit Insurance Corporation (NDIC) has identified discrepancies in Bank Verification Number (BVN) linked alternate accounts as the major obstacle delaying the payment of insured deposits to former customers of defunct Heritage Bank. According to the Managing Director of NDIC, Bello Hassan, the corporation has paid a substantial amount to depositors without BVN account-linked issues since June 6. However, some customers with discrepancies between their names and BVN records are yet to receive their insured amounts. Hassan urged affected depositors to visit the NDIC website and complete their verification forms to facilitate payment. He also announced that depositors with…

The family of late e-commerce pioneer, Nick Imudia, has dismissed reports that he died by suicide, describing the claims as “untrue” and “hasty”. In a statement, the family expressed disappointment at the media’s handling of the news, stating that investigations are ongoing to determine the cause of death. The family denied reports of farewell calls to his brother and daughter, and described Imudia as “full of life” with no signs of stress or depression. They urged the media and public to allow them to grieve without spreading unfounded rumors. The Lagos State Police Commissioner’s office has vowed to investigate the…

A devastating fire broke out at the Obasanjo Trailer Park in Ogere, Ogun State, on Saturday night, destroying a tanker and several makeshift shops along the Lagos-Ibadan Expressway axis. The blaze, which started around 11 pm, is believed to have originated from one of the shops before spreading to the tanker, which was under repair at the park. According to eyewitnesses, the fire was brought under control through the combined efforts of park occupants, who used buckets to fetch water from a nearby gutter to quench the flames. Musa, an eyewitness, recounted the incident: “The fire started about 11 pm…