NEWS
Sterling Bank Wins Tourism Bank of the Year Award
By Joseph Amah, Abuja
At the ATQ News awards held in Abuja recently, Sterling Bank Plc, Nigeria’s leading commercial bank, won the Tourism Bank of the Year Award at the ATQ News awards. Abiodun Tomomero disclosed this in a statement issued in Lagos that said the lender received the recognition based on its role in the launching of a tourism masterplan by a state government in Nigeria, the first of its kind in the state.
The bank also supported last year’s World Tourism Day in partnership with the Nike Arts Gallery, introduced soft loans for tourism practitioners and state governments in Nigeria, and partnered with FAAN to execute a Wi-Fi project at the Lagos Airport, Tomomero added.
According to him, the bank has distinguished itself in its commitment, support, and contribution to the Nigerian tourism sector in comparison to other financial institutions in the country. “Sterling Bank is now the leading financial institution among others supporting Nigeria’s tourism sector today, “he said.
He remarked that through the bank’s array of financial services and proposed partnerships, it recorded major successes last year and was recognized across different public platforms. Mr. Tomomero called on prospective partners in the tourism sector to boldly reach out to the bank for business opportunities, remarking that there are more opportunities to be explored within the tourism space. The bank is willing to support and contribute to the building and sustenance of the sector, he said.
ATQ News is a respected player in the Nigerian tourism space. It is responsible for organizing different events such as Jabamah and Akwabah, among others. It also reports news about the tourism industry on the platform:https://atqnews.com/Sterling Bank has made significant footprints in the tourism sector in recent times through its commitment to consolidate the signs of growth in the economy in the wake of the COVID-19 pandemic.
The bank also expressed its desire to support the tourism sector with about N10 billion and has a robust partnership with the Nike Arts Gallery in Lagos. The partnership culminated in the installation of solar panels at the gallery via the bank’s Imperium outlet as part of its commitment to renewable energy-powered Nigeria as well as the development of the nation’s tourism sector.
Sterling Bank is also partnering with the Ekiti State Government and other state governments in the country to explore the development of their tourism assets. The bank is on the verge of signing a Memorandum of Understanding (MoU) with D Kings Men Media, a company owned by the famous artiste, D’Banj, to provide funding and financial advisory services for the media outfit.
Judges, lawyers and litigants at the Federal High Court, Court of Appeal and National Industrial Court in Ibadan, on Monday, were locked out by protesting members of the Judiciary Staff Union of Nigeria (JUSUN).The national leadership of JUSUN had directed its members in the federal courts to embark on a strike on Monday over unpaid 25 per cent and 35 per cent salary increment, minimum wage and wage award.
A JUSUN official at the National Industrial Court, who craved anonymity, told Daily Asset in Ibadan that their salary was no longer enough as a result of current economic situation in the country. He said that the workers were seriously suffering while judges in the courts did not see them as part of them.According to the official, several steps taken to ensure their demands are met have been unsuccessful.The JUSUN representative said that no fewer than 10 members of staff of the National Industrial Court nationwide had died from February 2025 till date.“The suffering is too much and we are not asking for too much,” he said.Also speaking, a JUSUN official at the Court of Appeal, Ibadan, Mr Atanda Babatunde, said the strike was embarked on in compliance with the directive of the national leadership of JUSUN.Babatunde said that the strike would continue untill their demands were met.A lawyer, Mr Ismail Saka, who was at the Court of Appeal, Ibadan, expressed his disappointed over the strike.Saka said that he had been notified of his case coming up today and was surprised to have been locked out due to JUSUN strike.He said that one of his clients came from Sango-Ota, Ogun State, for the case, risking his life and wasting time and resources.He said that it was the right of JUSUN to embark on strike due to their entitlement while everyone was aware of the current economic reality in Nigeria.‘I urge the federal government to be compassionate and pay them their demands, which will make them live comfortable lives and not to be corrupted.Also, Mr Wale Oyegoke, who had a case at the Federal High Court in Ibadan, said he was angry that his case did not hold as a result of JUSUN strike.Oyegoke said that the Federal Government must treat the judiciary workers well, being a sensitive area.He said that the cost of living in Nigeria was already high while government was getting enough money due to subsidy removal.“The cost of transportation is very high, and if care is not taken, these staff will spend all their earnings on transportation.“I, as a person, spend N60,000 weekly on transportation.“Leaving home today, I thought my case would go on, but I am dsappointed that cases are not going on due to the strike.,” he said.A litigant, Mr Seye Olawale, who came from Lagos State, said that he was seriously pained risking his life on the bad road and wasting time and resources to come to Ibadan.(NAN)
The Cross River Government has threatened severe penalty on a firm, Bao Yao Iron and Steel Company, for owing the state N1.2 billion accrued tax liabilities.This was disclosed by Mr Ayi Bassey, Director Compliance, Cross River Internal Revenue Service (IRS) on Monday during a compliance drive by the service to the premises of the firm in Calabar.
Bassey said the service had taken steps provided by law but the company refused to discharge its statutory responsibility to the government. “We have served them demand notice, final demand notice; for four periods they have been issued pre action notices and they have done nothing to show they have a responsibility to the state.“As a service, we view this as a deliberate attempt on the part of the management of the company to undermine the developmental efforts of the present administration in the state.“We have placed the non compliance stickers as our final demand to them, beyond this, we will take necessary steps to ensure we enforce compliance,” he said.On his part, Mr Emmanuel Esira, Director Legal Services and Enforcement of Cross River IRS said the visitation was a further administrative step to get the company informed of their indebtedness to the government.According to him, “the tax we are asking for are deductions from staff salaries that have not been remitted to the tax authorities in the state since 2009.“The notification stickers will be on their premises until they comply and if they don’t respond, we will take further actions.Esira urged other companies doing business in the state not to allow situations to get to the point where they have to paste non compliance stickers in their premises before they carry out their obligations. (NAN)
A Badagry Chief Magistrates’ Court in Lagos State on Thursday, ordered the remand of a 35-year-old man, Segun Deala, for stealing Eko Electricity Distribution Company (EKEDC) cable.Deal whose address was not provided, had pleaded guilty to a two-count charge bordering on stealing and breach of peace.
The Chief Magistrate, Nurudeen Layeni ordered that he should be kept at the Awhajigho correctional facility in Badagry. He adjourned the case until Aug. 14, for fact and sentencingEarlier, the prosecution, ASP Edet Ekpo told the Court that the defendant committed the offences on May 9, at about 2p.m., at Gbenapon Ajara-Topa, Badagry, Lagos.Ekpo said that the defendant stole some length of electric cable with value yet unknown belonging to the EKEDC .He said the defendant conducted himself in a manner likely to cause breach of peace by destroying the cable.According to prosecutor, the offences contravened Sections 287 and 168 of the Criminal Law of Lagos 2015.
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