By Omoh Gabriel, Business Editor
Zenith Bank tops Nigerian banks in this year’s Top 1000 World Banks Ranking of The Banker Magazine of the Financial Times Group, London, United Kingdom. The 13 banks that made the ranking are Zenith Bank, First Bank, Guaranty Trust Bank, Access Bank, United Bank for Africa, Ecobank, Fidelity Bank, First City Monument Bank, Skye Bank, Diamond Bank, Stanbic IBTC, Union Bank and Standard Chartered Bank.
Zenith Bank moved 35 places from 322 in the world last year to 287, First Bank moved from 338 to 367, Guaranty Bank moved to 417 from 455, Access Bank moved to 506 from 541 and UBA moved to 553 from 563.
In the capital asset ratio of soundness parametre, Zenith Bank came top at 17.70 per cent followed by Guaranty Trust Bank at 16.23 per cent. Third is Fidelity Bank at 15.67 per cent, Standard Chartered Nigeria is fourth at 13.38 per cent followed by FCMB at 12.00 per cent and First Bank at 11.96 per cent, Access Bank at 11.60 per cent, Stanbic IBTC at 11.55 per cent, Ecobank at 11.14 per cent, Skye Bank at 9.90 per cent, UBA at 7.65 per cent, Diamond Bank at 7.31 per cent, and Union Bank at 6.35 per cent. According to a press release from the Country Representative – Nigeria of The Banker, Mr. Kunle Ogedengbe, 13 Nigerian banks made the ranking this year and it saw the return of Union Bank to the league of top global banks.
These movements according to analysts are a good sign of the improvements of the soundness of the Nigerian banks among the world global banks and the robust monetary policies of the Central Bank of Nigeria. Ogedengbe stressed that the ranking is usually based on the definition of Tier–1 Capital as set out by Basel’s Bank for International Settlements (BIS) and that it aims to show global international banks’ soundness in relation to the Basel guidelines on capital adequacy. The percentage change in the Tier-1 Capital, which underlines the strength of banks, for Zenith Bank increased by 23.82 per cent, the highest in the wholly Nigerian banks that made the ranking.
According to the Banker magazine, Industrial and Commercial Bank of China (ICBC) has leapfrogged two U.S. banks to top the 2013 global ranking of banks with the most capital, highlighting the growing size and importance of Chinese lenders. ICBC topped The Banker magazine’s annual list of the top 1,000 banks for the first time, relegating Bank of America to third from first, while JPMorgan Chase remained second. ICBC was third last year.
The rankings are based on Tier 1 capital as a measure of a bank’s ability to lend on a large scale and endure shocks. ICBC has for some time ranked as the top bank by market value. Britain’s HSBC, which gains much of its earnings from Asia, was fourth in The Banker’s list, with China Construction Bank (CCB) ranked fifth. China had four banks in the top 10 and 96 in the Top 1,000. Its top four lenders – ICBC, CCB, Bank of China and Agricultural Bank of China – filled the top positions for profit in 2012. ICBC’s $49 billion profit put it top of the profit table for a third successive year. Total profit for the biggest 1,000 banks is now back close to levels achieved before the 2007/09 financial crisis, but the regional share has shifted significantly”, The Banker said.
Banker Magazine report said “In fact, Africa stands out as top performer this year. At 2.3 per cent, it now has a higher share of global profits than Western Europe, despite accounting for less than 0.8 per cent of global assets. Pre-tax profits are up more than 30 per cent in this year’s ranking, more than double the rise in China. Its return on assets is 2.1 per cent, far outstripping Asia-Pacific or Latin America.
“China and Brazil both recorded return on assets of below 1.6 per cent, with Brazil’s total profits actually falling in financial year 2012. Kenya is the top African market for return on assets, at more than 5 per cent, and enjoys a new entrant in the ranking – the Cooperative Bank of Kenya entering at 1000. Elsewhere, Bangladesh is one of the fastest-growing markets, and it has a 43 per cent return on capital. Total assets per capita are not much more than $40, making this the most underbanked country represented in the Top 1000.
Saturday, 6 July 2013
Friday, 5 July 2013
Kogi councillor contracted us to cut off girlfriend’s head for rituals - Suspects •It’s not true - Councillor
BARELY two months after he was declared winner of the recently conducted LG election in Kogi State as a councillor, Yahaya Isah allegedly asked three of his friends, Suleiman Yunusa (35) Isiaka Yunusa (23) and Alifa Maha (17) to bring the head of his girlfriend, 17-year-old Igbere Ogbadu.
Nigerian Tribune gathered that the head was for money-making rituals.
The men got the fresh head of Ogbadu but were all arrested by the Kogi Police Command when Ogbadu’s parent raised the alarm when the girl could not be found.
The decomposing, headless body of the girl was later found between Achigili and Ofoja village in Ofu Local Government.
Hon. Yahaya Isah however denied knowledge of the dastardly act.
The leader of the three-man gang told the Nigerian Tribune that, “ it was the Councillor that sent us to bring the head of the girl but did not tell us what he was going to do with it.”
Explaining how they perpetrated the dastardly act, he said, “the girl was too close to the Councillor as he always beckoned to her anytime she passes in front of his house. He directed us to go and do it. I went to her house to pick her without knowing that people were watching me when we were leaving. I carried her on my motorcycle and headed for Ofoja village. However between Achigili and Ochoja villages, we strangulated her to death.
Three of us did that. .After the strangulation I brought out a very sharp knife with which l cut off her head. She struggled with us but unfortunately for her we overpowered her,” he stated further.
The man at the center of the whole saga, Hon Yahaya Isah, however denied it saying, ” how would l have asked those boys to go and cut the head of the girl for me? What am l going to do with it as a councillor? I never did it.”
Parading the suspects, the State Commissioner of Police, Hilary Opara told newsmen that “ on June 6 at about 2100 hrs one of the suspects, Suleiman Yunusa, came to the family of the deceased, Miss Igbere Ogbadu ,and took her away without the knowledge of the latter’s family. And on 21-06-2013 a decomposing body of the lady was found between Achigili and Ofoja villages in Ofu Local Government Area with the head cut off and some parts removed.
“On receiving this information, the first suspect, Suleiman Yunusa was arrested and he confessed to have killed the lady on 13-6- 2013 with the Assistance of other suspects, Alifa Maha and Isiaka Yunusa respectively who are both from Ofojo village in Ofu local Government Area. The suspects alleged that Hon Yahaya the councillor representing Alojim ward in Ofu Local Government Area contracted them to provide human head for him. They would soon be arraigned in court.”
Wednesday, 3 July 2013
CHEATING WIFE CAUGHT IN THE ACT, FORCED TO HAVE SEX WITH HER BOYFRIEND IN PUBLIC.
This incident happened in Anambra State of Nigeria. A cheating wife was caught in the act with her boyfriend by her husband and the people in the community took justice into their hands by forcing the cheating partners to have Sex in public while they watch. The husband who couldn't watch, walked away from the scene to throw away the properties of his cheating wife from his house.
This jungle justice happened in a community near Anambra State University.
This is the Reward for Adultery & Fornication.
This jungle justice happened in a community near Anambra State University.
This is the Reward for Adultery & Fornication.
Police parade Bishop Nwabueze over alleged rape.
By JIMITOTA ONOYUME
PORT HARCOURT — Chairman of All Bishops in Rivers State,
Bishop Chibuike Nwabueze, who was arrested for allegedly raping a 15-year old girl, was paraded, yesterday, by the state Police Command.
The Bishop, who confessed to the crime before newsmen, said he was hypnotised, adding that he was set up by the pastor of the church where the incident occurred.
He denied raping the underage girl, but admitted that she removed her clothes after he finished praying for her in the office and before he could shout ‘the blood of Jesus,’ he was already all over the girl.
The Bishop said he was set up by his fellow Bishop, who was also contesting for the post of Chairman of All Bishops in the state with him.
Nwabueze, who was paraded at the Rivers State Criminal Investigation department, SCID, Port Harcourt, said anybody could have fallen a victim of what happened to him.
He described as untrue, allegation that he made the girl abort a pregnancy from the incident. According to him, it was the girl’s father that did it but he took care of of the bill.
He said: “We have different Colleges of Bishops. I am the Chairman of Communion of Bishops in Rivers State. Well, what actually happened was a set up. It was set-up by my enemies. The man who is in-charge of where I went to minister is my enemy. He is the person that set me up.
“He invited me to his church for a programme and afer the programme, he set me up because of what we are dragging. We are dragging the chairmanship of the communion and that was why he set me up. But to my greatest surprise, on the said day and after I had prayed for her, the girl started pulling off her clothes and before you knew it, I had carnal knowledge of her.”
PORT HARCOURT — Chairman of All Bishops in Rivers State,
Bishop Chibuike Nwabueze, who was arrested for allegedly raping a 15-year old girl, was paraded, yesterday, by the state Police Command.
The Bishop, who confessed to the crime before newsmen, said he was hypnotised, adding that he was set up by the pastor of the church where the incident occurred.
He denied raping the underage girl, but admitted that she removed her clothes after he finished praying for her in the office and before he could shout ‘the blood of Jesus,’ he was already all over the girl.
The Bishop said he was set up by his fellow Bishop, who was also contesting for the post of Chairman of All Bishops in the state with him.
Nwabueze, who was paraded at the Rivers State Criminal Investigation department, SCID, Port Harcourt, said anybody could have fallen a victim of what happened to him.
He described as untrue, allegation that he made the girl abort a pregnancy from the incident. According to him, it was the girl’s father that did it but he took care of of the bill.
He said: “We have different Colleges of Bishops. I am the Chairman of Communion of Bishops in Rivers State. Well, what actually happened was a set up. It was set-up by my enemies. The man who is in-charge of where I went to minister is my enemy. He is the person that set me up.
“He invited me to his church for a programme and afer the programme, he set me up because of what we are dragging. We are dragging the chairmanship of the communion and that was why he set me up. But to my greatest surprise, on the said day and after I had prayed for her, the girl started pulling off her clothes and before you knew it, I had carnal knowledge of her.”
How woman married two men at the same time.
BY ONOZURE DANIA
LAGOS — AN Ikeja Magistrate’s Court was told, yesterday, how woman, Mrs. Adedoyin Ogunmefun, allegedly married two men at the same time. She was also accused of having children for the two men she allegedly married.
Mrs Ogunmefun, who was arraigned alongside her second husband, before Magistrate B. O. Osunsanmi, over alleged forgery of National Population Commission certificate of birth AO8/NO/0268923 and AO8/NO/0268922 was said to have been married to one Mr. Abraham Okoro, who she had two children for before leaving to have another child for the second husband.
The Police prosecutor, Mr. Benson Emurih, told the court that the defendants presented the forged certificates to Parthcare Laboratory in Oduduwa Crescent, GRA, Ikeja.
He said the offence was punishable under sections 409,363 (3) of the Criminal Laws of Lagos State of Nigeria 2011.
The complainant, Abraham Okoro, told Vanguard that he had lived with his estranged wife between 2000 and 2007, adding that the union produced two children namely Kymberly Abieyuwa Adenike Okoro and Bryant Amadin Olamipo Okoro, who were born in Nigeria and US respectively.
He further accused the wife of deserting their marriage for Ogunmefun, who she had a daughter for in 2009.
In addition, Okoro said the accused was told that for her to be accepted back into her matrimonial home, she would perform some traditional rites of cleansing.
His words: “She agreed to demonstrate her love and loyalty and moved back to my house on February 14, 2012 and we started living together again until May 17,2012, when she went to an Ikeja High Court to file for nullification of her marriage with Mr Ogunmefun
before Justice Oyewole.’’
Okoro, however, said his wife moved out of his house again on November 3, 2012, noting that she suddenly wrote him a letter through her lawyer, Taiwo and Taiwo, in December 2012 claiming that the two children she had for him were not his.
He said: “On March 26, 2013, I got a court summon, the petitioners were Adedoyin Ogunmefun and Babatunde Ogunmefun, claiming that my children were Babatunde’s children, with a fake DNA result
purported to embarrass me and my children, the matter which has long been strucked out by a magistrate court sitting in Surulere,” he added.
LAGOS — AN Ikeja Magistrate’s Court was told, yesterday, how woman, Mrs. Adedoyin Ogunmefun, allegedly married two men at the same time. She was also accused of having children for the two men she allegedly married.
Mrs Ogunmefun, who was arraigned alongside her second husband, before Magistrate B. O. Osunsanmi, over alleged forgery of National Population Commission certificate of birth AO8/NO/0268923 and AO8/NO/0268922 was said to have been married to one Mr. Abraham Okoro, who she had two children for before leaving to have another child for the second husband.
The Police prosecutor, Mr. Benson Emurih, told the court that the defendants presented the forged certificates to Parthcare Laboratory in Oduduwa Crescent, GRA, Ikeja.
He said the offence was punishable under sections 409,363 (3) of the Criminal Laws of Lagos State of Nigeria 2011.
The complainant, Abraham Okoro, told Vanguard that he had lived with his estranged wife between 2000 and 2007, adding that the union produced two children namely Kymberly Abieyuwa Adenike Okoro and Bryant Amadin Olamipo Okoro, who were born in Nigeria and US respectively.
He further accused the wife of deserting their marriage for Ogunmefun, who she had a daughter for in 2009.
In addition, Okoro said the accused was told that for her to be accepted back into her matrimonial home, she would perform some traditional rites of cleansing.
His words: “She agreed to demonstrate her love and loyalty and moved back to my house on February 14, 2012 and we started living together again until May 17,2012, when she went to an Ikeja High Court to file for nullification of her marriage with Mr Ogunmefun
before Justice Oyewole.’’
Okoro, however, said his wife moved out of his house again on November 3, 2012, noting that she suddenly wrote him a letter through her lawyer, Taiwo and Taiwo, in December 2012 claiming that the two children she had for him were not his.
He said: “On March 26, 2013, I got a court summon, the petitioners were Adedoyin Ogunmefun and Babatunde Ogunmefun, claiming that my children were Babatunde’s children, with a fake DNA result
purported to embarrass me and my children, the matter which has long been strucked out by a magistrate court sitting in Surulere,” he added.
Monday, 1 July 2013
R-E-V-E-A-L-E-D: ‘How Oyedepo, Onaiyekan, others tried to save Yar’Adua’
By SAM EYOBOKA
…Family warned to evacuate ex-president 3 weeks before death – PFN scribe
The late President Umaru Musa Yar’Adua may not have died had the family heeded the advice to evacuate him from Aso Rock Presidential Villa, Abuja three weeks before he died.
National Secretary of Pentecostal Fellowship of Nigeria (PFN), Pastor Emmanuel Nuhu Kure, one of the four pastors who visited the Villa to pray for Yar’Adua at the height of his sickness in 2010, disclosed this at the weekend.
The three other pastors were Bishop David Oyedepo of the Living Faith World Outreach, aka Winners Chapel; Cardinal John Onaiyekan, the Catholic Bishop of Abuja; and erstwhile Aso Rock Chaplain, Prof. Yusuf Obaje. The pastors visited the seat of power for the prayer session after Yar’Adua was flown back from Saudi Arabia where he had been taken for treatment for an undisclosed illness.
Late President Yar’Adua
The PFN National Secretary said he told the Yar’Adua family at the meeting that there was the need to take the president out of Aso Rock within three weeks to keep him alive.
According to him, however, they shunned the advice as they were afraid that President Goodluck Jonathan, then vice president, would take over (power) if they took him out of the Villa immediately.
“Of course, I was not obeyed and exactly three weeks after that visit, he died”, Kure, based in Kafanchan, Kaduna State, but spoke to Sunday Vanguard in Lagos, last week, said.
Narrating what transpired at the prayer session for Yar’Adua, which he claimed lasted about 10 minutes, “sharp and straight to the point”, the PFN leader said: “When we went in there, they pulled me aside and said the reason you are here sir, go beyond that, can God show mercy? Can God change these things? It’s like deep inside of them, they felt he (Yar’Adua) might not survive. And they had the right to ask God for mercy. That was why they called in the Muslims and the Christians”.
He continued: “So I knew my own mission but I sensed things do not happen like that and I told them what would make him escape death. I told them privately. That is, me and them, it had nothing to do with the four (he and the other pastors). My reason for being called was slightly different from the other three. I think Oyedepo was called because of the miracles (he was performing) in the Living Faith Church. We were called in because they believed we have access to God and that we could pray some effective prayers that would help the matter.
‘Not politically convenient’
“I told them the Lord said that within three weeks they should take him out of the Villa to somewhere he’d be without pressure. That was the time the polity was heating up. I told them to take him away from there (Aso Rock) because while there within those three weeks, even if as much as one mosquito bite him, he would die. I told them I saw only three weeks. So if they had taken him out within those three weeks, maybe God would have shown mercy and given him some rest and added some time to his life.
“I don’t know how much, I’m not God. I’m just an oracle who spoke for that season. And the understanding I got later, I was told they couldn’t take him out because it was not politically convenient. They were afraid that Jonathan would take over if they took him out immediately. He kept him there to ensure that Jonathan did not take over even when it was to the detriment of his health. Maybe it was a tactical move; the wife had no say in the matter”.
Captivity
Exonerating the former president’s wife, Turai, from blame over the failure to move Yar’Adua from Aso Rock as advised, Kure said, “Nigerian politicians are very complicated and sophisticated people when they know their interests are at stake; they will use you to remain relevant. They will keep you there until they get what they want. I think she was also in captivity.
“Of course she would have wanted her husband to live; she would have wanted to remain the first lady naturally. Let’s not pretend about these things. Constitutionally it was not her call; it was the politicians’ call which was what the people in the National Assembly and Nigerians were making that, `let the constitution have its way’. It was a constitutional call, it was not her call”… FULL INTERVIEW NEXT WEEK!
…Family warned to evacuate ex-president 3 weeks before death – PFN scribe
The late President Umaru Musa Yar’Adua may not have died had the family heeded the advice to evacuate him from Aso Rock Presidential Villa, Abuja three weeks before he died.
National Secretary of Pentecostal Fellowship of Nigeria (PFN), Pastor Emmanuel Nuhu Kure, one of the four pastors who visited the Villa to pray for Yar’Adua at the height of his sickness in 2010, disclosed this at the weekend.
The three other pastors were Bishop David Oyedepo of the Living Faith World Outreach, aka Winners Chapel; Cardinal John Onaiyekan, the Catholic Bishop of Abuja; and erstwhile Aso Rock Chaplain, Prof. Yusuf Obaje. The pastors visited the seat of power for the prayer session after Yar’Adua was flown back from Saudi Arabia where he had been taken for treatment for an undisclosed illness.
The PFN National Secretary said he told the Yar’Adua family at the meeting that there was the need to take the president out of Aso Rock within three weeks to keep him alive.
According to him, however, they shunned the advice as they were afraid that President Goodluck Jonathan, then vice president, would take over (power) if they took him out of the Villa immediately.
“Of course, I was not obeyed and exactly three weeks after that visit, he died”, Kure, based in Kafanchan, Kaduna State, but spoke to Sunday Vanguard in Lagos, last week, said.
Narrating what transpired at the prayer session for Yar’Adua, which he claimed lasted about 10 minutes, “sharp and straight to the point”, the PFN leader said: “When we went in there, they pulled me aside and said the reason you are here sir, go beyond that, can God show mercy? Can God change these things? It’s like deep inside of them, they felt he (Yar’Adua) might not survive. And they had the right to ask God for mercy. That was why they called in the Muslims and the Christians”.
He continued: “So I knew my own mission but I sensed things do not happen like that and I told them what would make him escape death. I told them privately. That is, me and them, it had nothing to do with the four (he and the other pastors). My reason for being called was slightly different from the other three. I think Oyedepo was called because of the miracles (he was performing) in the Living Faith Church. We were called in because they believed we have access to God and that we could pray some effective prayers that would help the matter.
‘Not politically convenient’
“I told them the Lord said that within three weeks they should take him out of the Villa to somewhere he’d be without pressure. That was the time the polity was heating up. I told them to take him away from there (Aso Rock) because while there within those three weeks, even if as much as one mosquito bite him, he would die. I told them I saw only three weeks. So if they had taken him out within those three weeks, maybe God would have shown mercy and given him some rest and added some time to his life.
“I don’t know how much, I’m not God. I’m just an oracle who spoke for that season. And the understanding I got later, I was told they couldn’t take him out because it was not politically convenient. They were afraid that Jonathan would take over if they took him out immediately. He kept him there to ensure that Jonathan did not take over even when it was to the detriment of his health. Maybe it was a tactical move; the wife had no say in the matter”.
Captivity
Exonerating the former president’s wife, Turai, from blame over the failure to move Yar’Adua from Aso Rock as advised, Kure said, “Nigerian politicians are very complicated and sophisticated people when they know their interests are at stake; they will use you to remain relevant. They will keep you there until they get what they want. I think she was also in captivity.
“Of course she would have wanted her husband to live; she would have wanted to remain the first lady naturally. Let’s not pretend about these things. Constitutionally it was not her call; it was the politicians’ call which was what the people in the National Assembly and Nigerians were making that, `let the constitution have its way’. It was a constitutional call, it was not her call”… FULL INTERVIEW NEXT WEEK!
Gunmen abduct three corps members in Rivers.
THREE corps members were in the early hours of Saturday kidnapped by gunmen in Ogonokom Community Secondary School, Abua/Odua Local Government Area of Rivers State.
The corps members (two males and one female) were taken away by their abductors from the Corpers' Lodge around 12am.
It was gathered that the hoodlums had gained entrance into their lodge while they (corps members) were fast asleep and seized their victims. The abducted corps members were identified as Ogochi Martins, Chijioke Richard and Esther Nwachukwu. Some items, including mobile phones were said to have been taken away by the suspected kidnappers, who came with a vehicle.
It was gathered that indigenes of the Ogonokom community were shocked when they learnt about the kidnap of the corps members, even as sources revealed that such incident had never occurred in the area.
SUNDAY PUNCH learnt that corps members had since been relocated to a neighbouring community
where their lives and property would be safe.
A source at the National Youth Service Corps in the state told our correspondent that no contact
had been established with the organisation on the whereabouts of the abducted corps members.
The state Police Public Relations Officer, Mrs. Angela Agabe, who confirmed the incident to SUNDAY PUNCH, said three armed men had invaded the lodge in Ogonokom community. Agabe said the corps members were taken to an unknown destination, adding that police had begun investigation into the matter with a view to rescuing the corps members and apprehending their abductors. "Three armed men stormed the Corpers' Lodge in Ogolocom community and kidnapped three corps members. We have since started investigation. We are already on top of the situation," she stated. She said Osama, Ogolokom and Ogolom corps members lodge had been closed following the incident, adding that corps members had been
moved to Ominima Central Corpers' Lodge for safety.
The corps members (two males and one female) were taken away by their abductors from the Corpers' Lodge around 12am.
It was gathered that the hoodlums had gained entrance into their lodge while they (corps members) were fast asleep and seized their victims. The abducted corps members were identified as Ogochi Martins, Chijioke Richard and Esther Nwachukwu. Some items, including mobile phones were said to have been taken away by the suspected kidnappers, who came with a vehicle.
It was gathered that indigenes of the Ogonokom community were shocked when they learnt about the kidnap of the corps members, even as sources revealed that such incident had never occurred in the area.
SUNDAY PUNCH learnt that corps members had since been relocated to a neighbouring community
where their lives and property would be safe.
A source at the National Youth Service Corps in the state told our correspondent that no contact
had been established with the organisation on the whereabouts of the abducted corps members.
The state Police Public Relations Officer, Mrs. Angela Agabe, who confirmed the incident to SUNDAY PUNCH, said three armed men had invaded the lodge in Ogonokom community. Agabe said the corps members were taken to an unknown destination, adding that police had begun investigation into the matter with a view to rescuing the corps members and apprehending their abductors. "Three armed men stormed the Corpers' Lodge in Ogolocom community and kidnapped three corps members. We have since started investigation. We are already on top of the situation," she stated. She said Osama, Ogolokom and Ogolom corps members lodge had been closed following the incident, adding that corps members had been
moved to Ominima Central Corpers' Lodge for safety.
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