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12166303088?profile=original300 Workers, Shuts Down Branches

"We only sacked 200"
- spokesperson.
    Subomi Balogun

Financial institution First City Monument Bank (FCMB) just carried out a disengagement exercise.


Informants claimed that about three hundred staffers were affected in the development.

Most of the affected employees reportedly got their sack letter on resumption from official leave.

According to a source ‘ I believe the affected staffers were purposely sent on leave and on resumption told to report to the Human Resource department where they were give sack letters’

Aside this, insiders divulged that the management of the bank with Ladi, son of the founder and chairman of the bank Otunba Subomi Balogun as Managing Director have also shut down some of the bank’s branches across the country.
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Zimbabwe’s representative in the Big Brother All Stars reality television show, Photo:Munyaradzi Chidzonga on Wednesday met President Robert Mugabe and was feted with $300 000 compensatory ‘prize money.’

This means that Munya got more than the winner of the competition, Uti from Nigeria who pocketed $200 000 for winning the contest sponsored by Multi Choice.

Zimbabweans felt Munya was robbed after surviving eviction nine times when he was nominated and political heavyweights from President Mugabe’s Zanu PF party jumped at the opportunity to exploit to their favour.

The move was initiated by business mogul Phillip Chiyangwa, a nephew of the president and David Chapfika who initiated a fundraising campaign.

After meeting the president, Munya said: “That was something I wanted to do since I was very young. They say when you are young you are given the power of dreams.

“You live that dream until a certain time it is realised. I have always told young people around that we are a product of a group of men’s dreams and we have been given a platform.

“And I can proudly stand on that platform and say a black man is more powerful in Zimbabwe than anywhere else in the world.

“I have been given the blessing of travelling and seeing, not all of it, but much of the world and this is the best place. It is thanks to men like you Your Excellency.”

During the course of Big Brother, Munya said he wanted to meet President Mugabe and usually went around the house with the Zimbabwean flag draped over his shoulders.

President Mugabe said Munya was a people’s hero and the true winner of the Big Brother All Stars reality television show.

He hailed Munya’s performance in the “grueling” and “rough contest”.

“This is quite a joyous moment not just for Munya, not just for me, but to all of us in the country… you have done well for the country,” he said..

“And you went through it all. I didn’t think you would survive because you looked so young, perhaps the youngest of them all.

“The most handsome of them all… We were very proud of you and of your performance..

“When it came to the end, the top decision, the judges had to make sure that one (person) had to win. It was Nigeria versus Zimbabwe and Nigeria is a very big country so you deferred to Nigeria.

“But both of you won and from our point of view, for us, you were the winner. You made us proud. I want to say congratulations to you and the young Zimbabweans represented by you.”

The 24- year old Munya touched down at the Harare International Airport around midday and was driven straight to the State house.

According to host of BBA IK, this was the closest ever finale with the winner securing the votes from eight countries and the runner up from seven.

Uti initially participated in the third season of Big Brother Africa and was one of the housemates from previous seasons chosen to enter the Big Brother All Stars house.

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Natural disaster imminent in Nigeria - Adeboye
Written by Adewale Adebiyi
Sunday, March 7, 2010

UNLESS Nigerians sincerely seek the face of God, a natural disaster is imminent in the country. The General Overseer of Redeemed Christian Church of God, Pastor Enoch Adeboye, had at the Special Holy Ghost Service for the month of March, warned Nigerians not to be non-chalant in their prayer lives as a natural disaster may soon occur in the country.



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Pastor Adeboye urged Nigerians on Friday to pray against natural disasters as several countries have been hit by earthquakes, landslides, rainstorms, etc in recent times.

"Earlier this year, there were prophesies that natural disasters would take place in some countries around the globe, what has happened in Haiti, Chile, Taiwan, France and Jerusalem has confirmed this.

"Recently, another one took place in Uganda, that means it is getting nearer. The present climatic condition is a clear signal that the natural disaster is gathering momentum unless we pray against it.

"Although I'm not a prophet, as a pastor, I hear when God speaks. If we do not pray fervently to avert this, Nigeria's turn of the disaster is very soon," he warned.

He advised those fond of dumping refuse in drainages to stop doing so, urging them to clear all debris to prevent flood and also pray against flooding.

Uganda mudslide prompts evacuation of thousands

Search for bodies in Bududa 03.03.10
Many bodies may never be recovered, officials say

Thousands of people are being evacuated from hillsides in Uganda where a mudslide is believed to have killed more 350 people.

The BBC's Joshua Mmali in Kampala says about 4,000 people are being removed from their homes on the slopes of Mount Elgon as heavy rains continue.

Three villages in the eastern district of Bududa were buried in a cascade of rocks and mud earlier this week.

Only about 90 bodies have been recovered so far.

The dead include about 60 schoolchildren who had taken shelter in a health centre.

Entire families have been wiped out, our correspondent says.

As the evacuation operation began, Bududa district chairman Wilson Watira told AFP news agency that in the "longer term" up to 35,000 people might need to move.

map

Authorities have blamed the disaster on local people cutting down trees on the hillsides to cultivate crops.

Uganda's minister for disaster preparedness, Musa Ecweru, told the BBC that the government wanted to move people away from areas at risk from mudslides.

"These people must be located to areas which are safe, and we must find land and re-locate them," he said.

"But there is a big problem about separating people from areas that they have traditionally known for ages."

He said essential supplies were being distributed to those made homeless by the mudslide.

The Ugandan Red Cross says it is distributing food and other aid to some 1,500 households.

Teams of volunteers and soldiers are still trying to recover bodies under as much as 5m (16ft) of mud.

The operation has been slowed down because the terrain is too steep for heavy machinery and rescuers are having to use hand-held tools.

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It has been revealed how Super Eagles striker, Obafemi Martins, extranvagantly squandered about N3.1 trillions while a player of Newcastle.MartinsadvertisementHis former management company, NVA Management Limited who has dragged the player to court over breach of contarct, told the jury how the player’s account almost went red because of his lifestyle.Obafemi Martins was paid £75,000, but allegedly squandered the earnings on an extravagant lifestyleA former Premiership footballer routinely blew his £75,000 a week wages in a matter of days and was constantly overdrawn, a court was told yesterday.Obafemi, ex-Newcastle striker 25, was paid the handsome salary after he joined the club for a £10million fee in August 2006.But despite his extraordinary earnings, his former management team yesterday claimed they repeatedly bailed him out after his bank account continually slipped into the red.The High Court heard that the Nigerian international player would withdraw £40,000 in cash from his bank account at the end of the week.But that would only last him two days, the court heard, as he topped up with a further £25,000 on the Monday morning.He was always overdrawn and repeatedly relied upon NVA Management Limited to ‘manage his life’, the High Court was told.Martins, who owned several fast cars including a top of the range Porsche 4X4, spent the money funding an extravagant lifestyle of luxurious penthouse homes and fine dining.He is now being sued by his former management company which claims that he still owes them 300,000 for sorting out his finances.He told the court that Martins would withdraw £40,000 for the weekend, followed by another £25,000 on the Monday.‘Despite earning these vast sums of money he was constantly overdrawn,’ added Mr Tennink.He said the firm, which looks after the affairs of several footballers, film and music stars, said that Martins had agreed to pay them for simply managing his life.It was under their stewardship that Martins agreed a £2million image rights deal ‘simply for being Mr Martins’.It’s claimed Martins was constantly overdrawn despite earning £75,000-a-weekHe also had lucrative sponsorship deals with various companies including Pepsi and Nike but had not been paid.When the company stepped in to run his affairs they sorted the unpaid contracts, bringing in thousands of pounds.They also organised visas when he travelled to Italy, where he once played for Inter Milan, and sorted out his passport, his mortgage and property valuations.They even arranged critical illness cover and were constantly running up and down the motorway from their London offices to Newcastle in a bid to do all that he required.‘But surely these were things a secretary could do?’ asked Judge Richard Seymour QC, referring to the size of fees charged.‘It was a Jeeves-type of role that they performed.’Mr Tennink protested that managing every aspect of his life was just part of what they did, and asked the judge to bear in mind the sort of figures these players earned.He said Martins had come to them in July 2007 and had agreed a fee of around £300,000 plus 20 per cent of any sponsorship monies they managed to acquire on his behalf.“He asked for these services to be carried out,” Mr Tennink told the court.Before they managed his affairs, Martins had not been paid a penny for his image rights for the use of his name on Newcastle shirts and mugs and had received nothing from his sponsorship deals.He could not even find the contracts he had originally signed, Mr Tennink added.Martins paid the company £67,500 in January last year and another £25,000 in April last year.But the question for the court to decide, said Mr Tennink, was whether there was a ‘binding obligation’ for him to pay the outstanding bill of over £300,000.After Newcastle were relegated from the Premiership last summer Martins was sold for £9million to German Bundesliga Champions Wolfsburg.Martins, who once owned a penthouse apartment overlooking Newcastle’s exclusive Quayside, is fighting the claim.The hearing is scheduled to last for three days.
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