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Lionel Messi receives another Golden Shoe award after outscoring Mo Salah last season (Photos)

Barcelona superstar, Lionel Messi, has been awarded his fifth Golden Shoe award for leading all of Europe’s soccer leagues in scoring last season.

The Argentine forward who scored 34 goals last season and led his club to the title was presented with the Golden Shoe award on Tuesday.

Egyptian and Liverpool forward Mohamed Salah was the second leading scorer of Europe’s domestic leagues with 32 goals in the Premier League.

In a statement, Messi, who is Barcelona’s all-time leading scorer with 572 goals in 655 games, said:

‘I love football, but when I started I didn’t expect all this. My dream was to be a professional player,’

‘This is thanks to the hard work and effort I have put in, and above all to my teammates. I have the best players in the world at their positions playing beside me.’

Video: DJ ECool – 4U ft. Davido & Peruzzi

DJ ECool 4U Video

Straight from the stables of DMW is a new visual for DJ ECool single ‘4U‘, featuring record label acts Davido and Peruzzi.

The storyline of the video shows DJ ECool, Davido and Peruzzi in love with the same girl. They find out and invite her to a spot to meet them all.

https://youtu.be/CxgciOnsjQg

DOWNLOAD MP4 HERE

Fake farmer arrested for N4m fraud in Kaduna State (Photos)

The Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC on December 18, 2018 arraigned one Shinum Adinga before Justice Muhammed Muazu of the Kaduna State High Court on a two-count charge bordering on criminal breach of trust and obtaining by false pretence.

Adinga had deceived his victim into parting with N4,050,000 in instalments in the belief that it was being invested in a ginger farming business, which turned out to be false.

One of the counts reads:

“That you, Shonum Adinga, sometimes in 2016 in Kaduna within the Kaduna Judicial Division of the High Court with intent to defraud, did obtain the sum of N3,830,000 (Three Million Eight Hundred and Thirty Thousand Naira) by way of instalment payment from one Peter Onyeka Sunday also called Peter Eze through your wife’s account Margret Shunom, domiciled with Diamond Bank under the false pretence that the said money will be invested for ginger business, which will generate profits on the said amount, a pretence you knew was false and you there by committed an offence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1(3) of the same Act”.

He pleaded “not guilty” when the charges were read to him. Prosecuting counsel, Onyeka Eze, asked the court for a date for trial to commence. Defence counsel, Y. Makarfi, however, urged the court to grant his client bail.

While adjourning to January 29, 2019, Justice Muazu, granted the defendant bail in the sum of N1million with one surety in like sum who must be a public servant not below grade level 16 with a landed property within the jurisdiction of the court covered by a Certificate of Occupancy.

Paul Pogba’s reaction after his coach, Jose Mourinho was sacked this morning (Screenshots)

Manchester United midfielder, Paul Pogba, who has had problems with his now former coach, Jose Mourinho over the last few months, seemed to mock him with a controversial Instagram post after the coach was sacked earlier today.

Paul Pogba's reaction

As soon as Mourinho’s dismissal was announced, the French midfielder posted a smiling picture of himself and wrote ‘caption this‘ which he then deleted 10 minutes later after over 64,000 people had liked it.

However, Pogba’s post prompted criticism from former Manchester United defender Gary Neville and his fellow Sky Sports pundit, Jamie Carragher.

Neville wrote on Twitter: ‘Caption this’ ‘You do one as well!’

Jamie Carragher also weighed in, replying to Neville:

‘Spot on! Plenty of clubs in Europe doing fine without him!!’

Lesbian testifies after God delivered her from her sin

An American lady has taken to Twitter to give the testimony of how God has delivered from homosexuality which she dubs a “SIN”.

In her Tweets, the lady with the handle, @sheisdestinylee, said that for so many years, the devil lied to her that having a woman love her is better than a man would do.

She has now being delivered and she has the good Lord to thank for that.

Read her tweets below,

Yahoo boys arrested in Abuja

The Economic and Financial Crime Commission, EFCC, has arrested three suspected internet fraudsters, at No 24, 1st Avenue, Fort Royal Estate, Airport road, Abuja.

The suspects are; Marvin Nwankwo, Prince Ojenike and Jude Olatekobowale. They created a Facebook account with the following names: Rodney David; David Rodgers and Carlos David, respectively.

A statement released by the antigraft agency says their arrest was based on intelligence report that the suspects turned the said residence as their office, using laptops, phone and other gadgets to defraud innocent people, including foreigners, of their hard earned money and other valuables.

The intelligence further revealed that the suspects aged between 22 to 30 years, used the proceeds of their crimes to acquire different properties such as cars which include a GLK Mercedes Benz SUV, a Toyota Corolla, amongst others.

On receipt of the intelligence report, operatives of the EFCC swung into action and mounted surveillance on the said address, to monitor the activities of the suspects.

After thorough investigations, the suspects were arrested and items, which included several laptops of different makes, very expensive mobile phones, modems, many Subscriber Identification Module (SIM) cards, amongst others were recovered.

The suspects will soon be charged to court.

3 boys gang rape 18 year old girl in Lagos

Three teenagers were yesterday remanded in Kirikiri Prison by an Ikeja Chief Magistrates’ Court following their arraignment for allegedly gang-raping a teenage girl.

They are Wasiu Lawal, 18, Tosin Taoreed, 18, and Peter Joseph, 19, who reside in Ikate, Ajah, Lagos, The Nation reports.

Prosecutor Benson Emuerhi said the offence was committed on November 18 at 11pm, at Eyiwuawi Street, Ikate, Lagos.

He alleged that the 18-year-old girl, who was sent on an errand by her uncle, was returning home when she was ambushed by the trio.

“When the girl was going home after delivering the message, she met the accused, who forcefully dragged her inside a workshop.

“The accused covered her mouth so that her cries would not be heard and gang-raped her,” Emuerhi alleged.

He said after the assault, the girl went home crying and told her uncle what happened.

“The case was reported at the police station and the accused were arrested,” the prosecutor added.

Chief Magistrate Olufunke Sule-Amzat rejected their bail application and ordered that they be kept in custody.

Sule-Amzat adjourned till January 21.

Timaya gifts King Perryy a brand new car as Christmas present

Timaya gifts King Perryy

DM Records fresh kid, King Perryy has just gotten a brand new car from his boss, Timaya a s a Christmas present.

The fast-rising singer was gifted a brand new Dodge Challenger by his boss.

Timaya gifts King Perryy

Perryy was signed to Timaya’s DM Records earlier in the year. King Perryy has a single ‘Man On Duty’ which he featured his boss.

The young lad took to his IG page to flaunt the new ride with caption ‘Hey King Perryy, God will never let you down…Big Xmas gift from PAPICHULO @timayatimaya
God bless you boss ??❤️ ?‘.

Photos below;

Timaya gifts King Perryy

Timaya gifts King Perryy

Timaya gifts King Perryy

Music: Starboy ft. Wizkid, Ceeza Milli & Simon Kassa – Salute (Prod. by Phantom beatz)

Starboy Salute

Here is a fresh tune coming from the Starboy camp and it is titled ‘Salute’, featuring honcho, Wizkid, Ceeza Milli and Simon Kassa.

Starboy Salute

The collaboration reminds you of the previous tunes from the Starboy music imprint. It was produced by the talented beatmaker Phantom on the beatz.

DOWNLOAD MP3 HERE

Music: Teni – Christmas Is Here

Christmas is here!!! Dr Dolor Entertainment lead music star Teni drops a special tune for this season tagged ‘Christmas Is Here’.

The talented singer impresses with her beautiful vocals on the song.

DOWNLOAD MP3 HERE

Music: 2Baba – Mama

Veteran singer 2Baba brings on a new tune ‘Mama’, specially dedicated to all the strong women and mothers out there.

2Baba remembers and lists out some of the sacrifices made by the women folk.

DOWNLOAD MP3 HERE

“How is a child not a sexual being?” – TV guests shock listeners as they say the way a 5-year-old girl is dressed can lead to rape (Video)

The quite surprising shocking video of two men on a TV programme stating that a female child is a sexual being has emerged online. The topic of discussion on the show was rape and the men argued that the way females dress, aid the rape culture.

One of the male guest argued that female children no matter how young, should be dressed properly in order not to attract pedophiles. He further stressed that female kids even as young as 5 years are sexual beings and shouldn’t be dressed in bum shorts especially to malls.

“Sometimes you go to the mall and you see a child of 5 or 7 wearing bum short walking around and you see their parents walking behind them. Sometimes what the 5 year old or the 7 year old is wearing is revealing” one of the male participant said

When the female host, Lolo Cynthia, cut him short to educate him that a child can wear anything because a child is not a sexual being, the other male guest replied

“How is a child not a sexual being?”

Watch the video below

Trending video captures moment hijab-wearing Muslim girl is bullied and beaten in school toilet (Watch)

A video trending online shows the moment a school girl bullied and attacked a Muslim girl in the school’s rest room.

In the video, the white girl is seen confronting the Muslim girl – she then starts to hit her, pushed her into a toilet stall, and throw her to the ground then continues hitting her.

“Leave me alone,” the Muslim girl kept screaming while trying to push her assailant off her. But her attacker continued hitting her while someone filmed.

The incident happened at Chartiers Valley High School in Pittsburgh. Charges have been filed against the bully.

Watch the video below,

Shock as woman who killed her daughter is found ‘not guilty’ of murder

A mother who drowned her four-year-old daughter in the bath and placed her on a coffee table before setting her alight to make her a “human sacrifice” has been found not guilty of murder.

Carly Ann Harris, 38, was accused of killing Amelia Brooke Harris at the family home in Trealaw, Tonypandy on June 8 but a jury cleared her of murder by reason of insanity.

She was convicted of manslaughter on the grounds of diminished responsibility and was sectioned to a psychiatric hospital indefinitely at Newport Crown Court today.

The jury returned a “special verdict” after hearing that psychiatrists – appearing for both the prosecution and defence – agreed Harris was suffering from paranoid schizophrenia.

Kate Brunner, defending, said:

“In taking her daughter’s life she destroyed her own life and brought unimaginable horror to her friends and family.

“She is profoundly remorseful and I invite the court to reflect that.”

Prosecuting, Michael Jones said:

“Amelia was four years old when she was killed.

“On that day, Carly Ann Harris placed Amelia in a bath full of water and deliberately drowned her.

“She placed her body on a coffee table situated in the garden and then set fire to Amelia’s body.”

The court heard the mum told cops who found the four-year-old’s charred body under a sheet on a coffee table in the garden the angels had told her to do it.

The jury was told Harris believed she had to kill her child in order to protect her and save the world.

Dr Arden Tomison, a forensic consultant psychologist who examined the mum last month, told jurors she still believed there had been a “terrible mistake” and people “misunderstood her“.

The doctor added:

“She was still delusional and still suffering from a psychotic illness. She knew that’s what people thought but she couldn’t quite get that.

“She was very sure she had been instructed by God. I am clear in my mind that she was driven to this by her own belief system.”

Dr Tomison also told the court he believed Harris developed her mental illness around two months before she killed Amelia after she told him she was possessed by the spirit of an angel during Passover.

Jurors previously heard how Harris told cops who found the four-year-old’s charred body under a sheet on a coffee table in the garden “I’m a monster”.

When she was taken to the police station, she allegedly said: “I deserve to die. What the f***? My little girl. The angels said it must be done.”

The jury was told neighbour Megan Griffiths heard a raised voice saying “mummy, mummy, mummy” before they heard screaming and found Harris standing in the front garden.

She told them: “God will be with her. The angels have taken her.”

They went into the back garden and found the little girl’s charred body.

Cardi B to spend Christmas with Offset

In new reports, rapper, Cardi B will be spending Christmas with Offset despite their messy breakup drama.

In a new report by E! News, right before their split, Cardi and Offset’s relationship was “up and down.” The source added, “Cardi will always love Offset, but ultimately lost trust in their relationship.”

What’s important for her, however, is co-parenting their daughter Kulture Kiari Cephus. Cardi has praised Offset’s parenting and the insider referred to him as “an amazing dad.”

An insider told E! News on Monday that, although they are not together right now, they will be spending the holidays together as a family.

“Cardi B wants Offset to be a part of Kulture’s life and wants him to spend Christmas with his daughter,” the source said. “It’s Kulture’s first Christmas and it means a lot to Cardi to have the family together.”

The “I Like It” rapper will be spending some time in the Dominican Republic with her family and “plans to spend time and celebrate the holiday” there.

Photos from President Buhari’s 76th birthday celebration at the State House

President Muhammadu Buhari turned 76 yesterday, December 17th, and his aides and a few state governors treated him to a surprise birthday get-together at the state house in Abuja.

See the photos below;

Nigerian musician outs friend who attended his wedding and gave him a dud cheque of N5,000 as wedding gift

A Nigerian music artiste and PR expert has aired his disappointment at his friend who attended his wedding and gave him a dud cheque as wedding gift.

Nwafor Chigozie Paul also known as Don Saint, took to his Facebook page to out the wedding guest after his wife visited the bank to cash the N5,000 cheque only to be told by bank officers that there was no money in the account.

Sharing a photo of the cheque on Facebook, Don Saint wrote;

Life is simple but people complicate it…

Someone came to my wedding on 1st Dec, and dropped a cheque of N5,000 for us to cash. I called him two days later and he said we can cash the cheque anyday from the 10th of Dec.

Today, I sent my wife to the bank to cash the money, since she banks with the same bank too.

And after waiting for about one hour, 15 mins, she was told she can’t cash the cheque, that the person got no money in his account.

Like seriously? It would have been cool for me, if you came, ate, drank and just left, than putting my wife through this stress…

It’s a big shame coming from a man like you!

Thank you!

President Buhari at 76: The best gift he can give Nigerians is to openly agree that he lacks capacity to manage our economy – PDP

The Peoples Democratic Party (PDP) has congratulated and prayed for President Buhari on his 76th birthday as the party says that at the age of 76, President Buhari, has attained a father-figure position and should do everything to respect the aspirations and will of the Nigerian people on all issues, particularly as the nation heads to the 2019 general elections.

The PDP also urged President Buhari to leave a lasting legacy by doing all within his powers to ensure that the nation he leads knows peace; to ensure that rules are obeyed and that the sensibilities of the people, in our diversities are fully respected.

In this regard, the 2019 general elections place a heavy responsibility on the shoulders of President Buhari to guarantee peaceful, credible, free and fair elections, particularly, the Presidential election, by ensuring that all electoral laws and rules are obeyed; that opposition members are not molested; that the amendment to the Electoral Act is signed; as well as to declare like his predecessor, Dr. Goodluck Jonathan did in 2015, that his 2019 re-election ambition is not worth the blood of any Nigerian.

If President Buhari looks at the state of the nation today, he will discover, and we believe he is aware, that the situation has become horrendous for the average Nigerian. Therefore, the PDP urges President Buhari to use this occasion to reflect on his administration and do all to ensure that posterity does not remember him for violation of human rights, suppression of opposition and dissenting voices; disobedience to court orders, nepotism and divisiveness; escalation of violence, bloodletting and concealment of corruption under his administration.

In all, the best gift President Buhari can give Nigerians is, having openly agreed that he lacks the capacity to manage our economy, to allow a credible election to enable Nigerians to vote our Presidential candidate, Atiku Abubakar, who understands the nuances of our national challenges and who has a blue print for economy recovery, to come and turn things around for all our people, while he withdraws to Daura for a well-deserved rest.

On this note, the PDP congratulates President Buhari as he turns 76 and prays that the Almighty Allah grant him good health and many more years ahead.

African best footballer, Mohamed Salah covers GQ Magazine (Photos)

Egyptian and Liverpool forward, Mohamed Salah, who is the current African best footballer is the latest star to land on the cover of GQ Middle East.

Speaking with the magazine in an interview, the 26-year-old footballer spoke about the role his father played in making him a better footballer.

Salah played at El Mokawloon, Basel, Chelsea, Fiorentina, and Roma, but his career took off after signing for Liverpool.

Mohamed Salah covers GQ

‘I would complain that I didn’t want to travel [the four hours] to training,’ said Salah, remembering the role his father played.

‘But he stood by me and told me that all great players go through this. The price for him was very high, and I’ll never forget the role he played in my career.’

The attacker has already scored 42 goals in 53 appearances for Liverpool, and speaking about his performance sofar, he said:

‘It makes me feel great, and makes me want to work harder and to continue performing,’ he says. ‘Because after that if your standards drop, people will not accept it. It’s a great feeling, but I don’t see it as more pressure.’

For young players aspiring to become a footballer, the Liverpool star advice them saying:

‘For me, nothing was going to come easily… nothing good ever does. I went through every possible stage a footballer could go through. Moving from an Arab country to Europe, you feel the difference in everything from the standard of living to food, to communication.

‘You don’t know what to do. After that you become organised because you want to reach your goals. If you don’t try then you will always stay at home. I’m not belittling that at all, if that’s what you want, then that’s okay too.’

Mohamed Salah covers GQ

Continue with his photos below,

Photos from President Buhari’s 76th birthday celebration at the State House

Head of states, President Muhammadu Buhari turned 76 on Monday, December 17th and his aides and some state governors treated him to a surprise birthday get together at the state house in Abuja.

As he celebrates his 76th birthday, he urged Nigerians to give him more time to execute his plans. He made the plea after a special parade that the guards brigade of the Nigerian army organised for him.

“Nigerians should continue to pray for me and understand my intentions and give me time,” he said, while adding that the government would continue to remind Nigerians of its achievements in the last three and half years.

See photos from his surprise get together below,

President Buhari's 76th birthday celebration

President Buhari's 76th birthday celebration

Youth corper arrested, remanded in prison over alleged £12.5m scam

Ogbonna Victor Chibuzor, a serving member of the National Youth Service Corps, NYSC was charged today with attempting a scam that would have fetched him £12.5 million from his targeted prey.

He was however arrested by the Economic and Financial Crimes Commission before he completed the sting operation and was arraigned before Justice A.M. Liman of the Federal High Court, Enugu on a five-count charge bordering on intent to defraud, and possession of fraudulent documents contrary to Section 6 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under Section 1 (3) of the same Act.

Ogbonna’s arrest was sequel to series of raids carried out by operatives over the past one week in which several suspected online fraudsters in their early 20s, were arrested having been found to be living a flamboyant lifestyle, not commensurate with any visible means of livelihood.

Analysis carried out on the computer of the suspected fraudster revealed certain incriminating documents intended to be used in swindling gullible Nigerians and foreigners alike. Further investigations disclosed that Ogbonna uses his e-mail address [email protected] to send unsolicited emails to his victims using fake or stolen identity to legitimize his nefarious activities.

One of the documents was addressed to one Alan Christopher of BG Group Plc, Thames Valley Park, Reading, RG6, Berkshire, United Kingdom, with a rider “Your attention is needed” and a second paragraph talking about a £12,500,000 (Twelve Million Five Hundred Thousand Pounds Sterling) unclaimed contract fund.

Another document found with the accused was a purported “Contract Award Certificate” to one Michael Morgan of 101 Brooklyn, New York, United State of America, on “Directing and Fixing of Oil Spillage” in the Niger Delta signed by the Chairman, Contract Tender Board and Chairman, Legal Department of Chevron Nigeria.

He pleaded “not guilty” to the charge preferred against him occasioning his counsel E.O. Isiwu to move a motion for bail. The application was opposed by prosecuting counsel, Innocent Mbachie. The presiding judge, however, granted bail to the defendant in the sum of N500, 000 and one surety in like sum.

The surety, he ruled, “must have a landed property in Enugu which must be verified by the Commissioner of Lands”. Ogbonna is to be remanded in prison custody until he fulfils his bail conditions. The case has been adjourned till January 30, 2019.

Nigerian Lady calls out a man who offered her N100,000 to get him female panties

A Nigerian Lady took to her Facebook page to accuse one Goodluck of offering her N100,000 to get him a female underwear.

Taking to her page she wrote;

Read her post below.

I don’t know how to feel about this. But this is the conversation between I and one Goodluck ******* here on Facebook.

I don’t need to say much about our conversation because it’s very easy to comprehend.

I pasted his picture there because I want you all to identify him. Get him arrested and sent to prison. Or rather, stone him to death. He’s one of the people perpetuating the act of selling panties belonging to ladies. And I want to assure you all that his account isn’t fake.

We’ve been friends on Facebook for years but haven’t conversed.

If this guy can ask me for such business proposal, then he can as well do anything. Ladies stay woke, be careful and prayerful and where ever you find him,

I repeat, stone him to death!!!

Please note: We blurred out his name and picture because this may be a case of “hacked account”. There’s a probability this guy’s account was hacked by some unscrupulous element, or his pictures used by same people.

All in all, we are sharing this post to create awareness regarding the incessant cases of stolen underwears which are reportedly being sold for ritual purposes.

Music: Rayce – Beta Boi

Popular Nigerian singer Rayce is back on the block with a new song to end the year which he calls ‘Beta Boi‘.

It’s a fine highlife tune that would be playing around as the festivities get closer.

DOWNLOAD MP3 HERE

Music: Yung6ix – Leg Working ft. Zlatan & Hanu Jay

Nigerian trap star Yung6ix pulls out a new banging tune titled ‘Leg Working’. The new jam features Hanu Jay and street cred, Zlatan Ibile.

Yung6ix Leg Working

The rapper hopes to get a new hit banking on the raving Zanku movement (Leg Work). It was produced by Disally.

DOWNLOAD MP3 HERE

Sex-for-marks lecturer, Prof Akindele sentenced to two years in prison

OAU Professor sacked

Ex-OAU lecturer Prof Akindele sentenced to two years in prison after pleading guilty to sexual harassment charge against him

Prof. Richard Iyiola Akindele, was dragged to court for demanding sex to pass one of his students, Monica Osagie, and was on Monday sentenced to two years in prison.

We earlier reported that he changed his plea from ‘not guilty to guilty’ and now he has received a verdict of two years in jail.

The prosecutor, Mr. Shogunle Adenekan said all parties in the matter have reached a plea bargain and pleaded for a suspended sentence for the accused.

At the previous hearing, Richard Iyiola Akindele was denied bail and was accused of making incantation while making his report with the prosecutor.

Gifty hints at Mr 2kay not being her daughter’s father ?

Reality TV star and Nollywood actress, Gifty has in some typa way mentioned that Mr 2kay is not the father of her daughter and that she knows who the real father is.

This is coming after the singer made a post via his Instagram page to celebrate Alisha on her 1st birthday, which initially gave the confirmation that he fathered the child with the actress.

However Gifty, today took to her Insta-story to seemingly deny Mr 2kay as the father, with the claim that she is not a baby mama, but a mother and it is only a woman that truly knows who the true father of her baby is.

Her words ;

Only a mother knows the real true identity of her child’s father, any other noise trying to stay relevant in the industry is nonsense

I am not a baby mama

Your husband is only 25% yours, the remaining 75% belongs to other women – Islamic Scholar, Adeyemi tells Women

Islamic scholar, Ustaz Abdulfattah Adeyemi has called on women to share their husbands with other women because they only have 25% access to their husbands, while the remaining 75% belongs to other women.

Adeyemi said this in Abuja, at the inauguration of Sisters of Jannah, a Muslim women’s charity organisation.

His words:

“Let me tell you that your husband is only yours 25%.

Your husband is not your property; your only share of him is 25%. The remaining 75% belongs to other women. If you want your husband 100%, then you are a thief.

You are going beyond the 25% that is yours; the remaining 75 75% belongs to other ladies. Don’t think that because you are wives, other women should not share your husbands.

Whenever you see polygamy that is not successful, it is because of a woman. We men are the Angels that Allah sends to help women.

If Allah makes it easy for you, if they ask you to shift, please shift a little so that somebody else can also sit down.

And you that is asking somebody else to shift, you have to fear Allah; you that they want to allow to come in, fear Allah. Don’t go there and scatter their lives for them. .

Don’t go there and constitute problem for them. The man may be doing it for the sake of Allah, don’t let him regret it.”

“Give me more time,”- President Buhari begs Nigerians on his 76th birthday

As he celebrates his 76th birthday, Nigeria’s President, Muhammadu Buhari has urged Nigerians to give him more time to execute his plans.

He made the plea, today, after a special parade that the guards brigade of the Nigerian army organised for him.
He called on Nigerians to continue to pray for him and the country at large, charging them to continue to show more understanding of his administration’s policies aimed at transforming the nation.

“Nigerians should continue to pray for me and understand my intentions and give me time,” he said, while adding that the government would continue to remind Nigerians of its achievements in the last three and half years.

Press Statement : Diamond bank confirms transfer of ownership to Access bank.

Diamond Bank has confirmed that it’s been acquired by Access Bank.

News broke yesterday that the bank has been acquired by Access in a deal overseen by the Central Bank of Nigeria.

Diamond Bank on Monday released a statement sharing details of the acquisition.

The statement, titled “Statement Regarding Scheme to Merge with Access Bank” read:

The Board of Diamond Bank Plc (“Diamond Bank”) today announces that following a strategic review leading to a competitive process, the Board has selected Access Bank Plc (“Access Bank”) as the preferred bidder with respect to a potential merger of the two banks (“the merger”) that will create Nigeria and Africa’s largest retail bank by customers.

The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, employees, customers, depositors and shareholders and has agreed to recommend the offer to Diamond Bank’s shareholders. Completion of the merger is subject to certain shareholder and regulatory approvals.

The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger. Based on the agreement reached by the Boards of the two financial institutions, Diamond Bank shareholders will receive a consideration of N3.13 per share, comprising of N1.00 per share in cash and the allotment of two (2) New Access Bank ordinary shares for every seven (7) Diamond Bank ordinary shares held as at the Implementation Date. The offer represents a premium of 260% to the closing market price of N0.87 per share of Diamond Bank on the Nigerian Stock Exchange (“NSE”) as of December 13, 2018, the date of the final binding offer.

Immediately following completion of the merger, Diamond Bank would be absorbed into Access Bank and it will cease to exist under Nigerian law. The current listing of Diamond Bank’s shares on the NSE and the listing of Diamond Bank’s global depositary receipts on the London Stock Exchange will be cancelled, upon the merger becoming effective.

Diamond Bank expects the transaction to be completed in the first half of 2019.

We will keep the market updated with any new development.

Nollywood Actress, Mercy Johnson stuns at TFAA 2018 (Photo)

Nollywood’s beloved actress, Mercy Johnson, looked stunning as she walked the red carpet at the Future Awards Africa 2018.

The Mother of three looked sensational in a pink embroidered dress .

Photos below ;

Simisola ‘Simi’ Ogunleye, Zainab Balogun, Chidi Ajaere, Mark Angel, Nadine Ibrahim were among the winners at the event which held yesterday at the Balmoral Convention Centre, Federal Palace Hotel, Lagos.

Youth advocate, Samson Itodo was however the biggest winner of the night as he carted away the coveted Young Person of the Year 2018 award for his work as leader of the Youth Initiative for Advocacy, Growth & Advancement (YIAGA), a non-governmental organization calling for youth participation in governance.

Hosted by Bolanle Olukanni and Tobi Bakre, 20 winners emerged at this year’s event, with trailblazers selected across their communities in categories ranging from social activism, business, and entertainment.

The Future Awards Africa celebrates young, diverse and innovative young Africans between the ages of 18 and 31, who are making a difference through social good, social enterprise and creativity.

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