News
St. Saviour’s @ 22nd Interhouse Competition Commits to Excellent Child Development

St. Saviour’s Schools, Ebute-Meta, the first primary school to teach information and communication technology (ICT) as a core-subject, has promised more programmes to achieve its vision anchored on excellent child development.
The School made the pledge at the 22nd Annual Interhouse Athletics Competition (AIAC) held at the playground at the weekend where Red House (RH) emerged overall best with 29 medals- 14 Gold, eight Silver and seven bronze followed by Blue House (BH)- 10 gold, nine silver and five bronze medals; Green House (GH) was third with five gold, 10 silver and 10 bronze medals and fourth place, Yellow House (YH) with five gold, seven silver and 12 bronze medals.
Mr. Louis Nnamdi Mbanefo, chairman, Board of Trustees, of the School expressed delight with the organization of the inter-house competitions, especially, the pupils’ efforts in field and tracks events.
The Chairman represented by Mrs. Helen Perry, secretary, Board of Trustees, said in an interview with the press, “I am very proud of the pupils. Each time I am here I feel delighted that the school is doing very well. We are very lucky with the caliber of staff, head teacher and members of the board of management who pilot the daily activities of the school”.
The Chairman said St. Saviour’s Schools will remain one of the best in the country, assuring that the standards set over 65 years ago cannot be compromised rather reviewed in line with the pupils’ needs to be relevant in the contemporary society.
“Our pledge is to remain the best. Also, any school around us that we can possibly help either with staff training, or donations, we will do it. Presently, St. Saviour’s School Ebute-Meta is reaching out to less-privileged schools by giving things out to them”, he said.
On her part, Dame Nneka Mba, chairman, Board of Management of the School said they have continually met the standards and expectations of the Government, parents and contemporary society, equipping the pupils to face the future, basically “Because of the quality of teachers we have. They have displayed a lot of hardwork and teamwork. We know there is need to allow these children to exercise. Whenever we have this opportunity we put in the best.
She described the inter-house competition as an annual tradition and indeed important to the development of the pupils. “This is annual tradition of the school; very fundamental and indeed, we think it is very important to the development of the children. So, it has to do with the importance we place on exercise and things of this nature, warranting we put it in our plans for the children. We structure it in a long term; right now we are beginning to make arrangements for next year. We do make requests for support from companies and hope we have more supports to make it easier for us to prepare things of this nature”, Dame Mba said.
She added that through the annual events, they were able to develop students who excelled in academics and sports, even after graduating from the School. “One thing we want to be identified for is: our children, whenever they pass through this School, get access to the best schools in the entire world. They are various schools in Nigeria and abroad that our children get into and have full scholarship, which is a testament the children have worked very hard and indeed excelled.
She urged other School to borrow a leaf from St. Saviour’s by organizing similar sports competitions for their pupils
“It is good without saying that children require to receive exercise and air as they grow and develop. It is even important for the health of the child. Therefore, I would expect that school owners who want the best for their pupils would have it in mind, without Government’s pronouncements, that is, to organize inter-house sports competitions for the pupils. If it takes the government to make us realize our responsibilities, well, let it be so. But the children need it.
Mrs. Ailsa Griffiths, head teacher, of St. Saviour’s Schools, Ebute-Mets, said the School is distinguished by maintaining its stand through continued professional development of the teachers, keeping up to the latest development in teaching, giving them exposures abroad, and working with good and understanding management.
“These certainly kept us at the top in terms of primary schools education in Nigeria,” she said, “and we have the commitment of very a proactive Board of Management (BoM), who are interested to see the school is run effectively and a Board of Trustees (BoTs) who are committed to the School’s growth. We have the crop of staff that understand the values St. Saviour’s represent and it is important they teach the children, offering them opportunities to excel even in sports.
“Earlier this year, we had our first interschool gala night with swimming activities. Now, we are finishing the terms off with an inter-house competition. Indeed, it is a great day enjoyed by the children and the parents alike”.
The School, among others record breaking programmes in Nigeria and indeed Africa, in June 2014 introduce e-learning technology in the primary school sector known as LearnPad System.
The LearnPad is an exciting tablet computer built and designed by Avantis, specifically for use in schools and the classroom.
News
Xora Finance, Fintech Firm Refuses to Hire Nigerians over Alleged Dishonesty

Xora Finance has announced it will no longer consider job applicants from Nigeria.

Xora Finance is a digital bank founded by Joren Lundgren, in February 2026 and allows users to deposit and earn interest on their XRP cryptocurrency.
Lundgren, founder, in an announcement on X (formerly Twitter), cited an ongoing pattern of misconduct, such as dishonesty and theft, from previous Nigerian hires as the reason for the decision.
This sudden blanket ban came just days after the company’s official career page was aggressively recruiting remote workers for marketing and content roles.
The announcement generated heavy backlash online, with many people upset that a blanket rule punishes honest job seekers.
News
How Ponzi Scheme Victims can Seek Legal Remedies — Lawyers

Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges.

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new participants rather than from actual profits.
Operators lure victims by promising high returns with little to no risk.
The scheme inevitably collapses when the flow of new investors slows down.
Some lawyers who spoke to News Agency of Nigeria (NAN) separate interviews with on Sunday, said that victims could pursue civil actions to recover their money.
Mr Chibuikem Opara, a lawyer at Justification Chambers, Ikeja,said many Nigerians continued to fall victim to Ponzi schemes in spite of repeated warnings.
Opara said it was wrong to attribute participation in Ponzi schemes to a lack of investment opportunities, noting that promoters often exploit investors’ greed through promises of unrealistic returns.
“What you cannot take away is the fact that many Nigerians have fallen and continue to fall victim to these schemes every time,” he said.
According to him, victims may individually or collectively institute civil actions against the beneficiary company for breach of contract or refund arising from failure of consideration.
Opara said victims could also unite to seek an order from the Federal High Court to wind up the beneficiary company.
He, however, noted that such efforts might yield little benefit if perpetrators had already siphoned the funds and left behind an empty shell.
The lawyer said available remedies largely depended on the actions of relevant authorities, adding that recipient accounts could be frozen to facilitate fund recovery and support winding-up proceedings.
Opara said regulators and law enforcement agencies often became aware of Ponzi schemes only after substantial losses had occurred.
According to him, victims frequently failed to report suspicious schemes early enough to enable timely intervention.
He added that funds are sometimes moved outside the country before authorities become aware of the fraud.
Opara also cited inadequate information and the deceptive nature of the schemes as major obstacles to investigation and prosecution.
“Most times, everything about the schemes is made to appear elusive, just like the profits promised to victims,” he said.
Also speaking, Mr Vincent Aminu of A.F. Aminu and Co. advised that victims of investment scams should report such cases to appropriate law enforcement agencies on time.
Aminu said victims could petition the Economic and Financial Crimes Commission (EFCC) or file reports with the police.
He said that after investigation, prosecutors could bring charges against suspects under relevant fraud-related laws, including provisions of the Criminal Code and the Advance Fee Fraud and Other Fraud Related Offences Act.
Beyond criminal prosecution, Aminu said .victims could pursue civil actions to recover their money
According to him, such actions may be based on breach of contract, unjust enrichment, or fraudulent misrepresentation, depending on the circumstances.
He added that victims could petition the Securities and Exchange Commission (SEC), which could investigate illegal operators, shut down unauthorised platforms, and freeze assets.
He identified the anonymity of online fraudsters as one of the biggest challenges confronting investigators.
According to him, many operators concealed their identities through fake digital profiles and technologies that made tracking them difficult.
Aminu also noted that victims who delayed taking legal action risked losing opportunities for redress.
He added that prolonged court proceedings often delayed justice for victims.
“Many fraud-related cases take years before the court reaches a verdict, thereby delaying justice for victims,” he said.
Also, Mr Chris Ayiyi of Ayiyi Chambers, Apapa, described Ponzi schemes as a gamble that benefited early participants at the expense of later investors.
Ayiyi said some early entrants received returns on their investments, thereby encouraging others to join the schemes.
He said the schemes eventually collapsed, leaving late investors to bear the losses
The lawyer called for a complete ban on Ponzi schemes or sustained public enlightenment campaigns against them.
He urged the National Assembly to enact laws that would strengthen regulation and provide greater protection for investors.
According to him, stronger legal safeguards are necessary in a country operating a capital-based economy.
News
PalmPay Nigeria Appoints Samuel Oluyemi as Chief Operating Officer

PalmPay Group (“PalmPay”), a multinational fintech company providing digital financial services across high-growth emerging markets, is pleased to appoint Samuel Oluyemi as Chief Operating Officer (“COO”) of its Nigeria practice, effective immediately.

The appointment comes at a pivotal moment for PalmPay as it looks to reach more underserved communities and continuously strengthen the reliability and security of its services. It also comes as Nigeria’s broader financial services sector continues to modernize, bring millions more Nigerians into the formal financial system, and strengthen the cybersecurity and fraud-prevention standards that underpin public confidence in digital payments.
As COO of PalmPay Nigeria, Mr. Oluyemi will oversee PalmPay’s Nigerian operations — where the company provides a full suite of digital financial services to individuals and businesses — and communicate with regulators to ensure the company’s growth happens harmoniously with the country’s financial, digital, and social inclusion goals.
Mr. Oluyemi brings more than two decades of experience at the Nigeria Inter-Bank Settlement System (“NIBSS”). During his tenure as the Business Development Lead, he championed the development of key national payment services — including the Digital Validation of Nigerian International Passport (e-Passport Validation), Electronic Dividend Mandate Management System (“e-DMMS”), and the Electronic Pensions Contribution Collection System (“EPCCOS”) — and played a pivotal role in introducing and driving early adoption of NIBSS Instant Payment (“NIP”), Nigeria’s first online, real-time, inter-bank transfer system in 2011 and its subsequent extension to the Other Financial Institutions (“OFI”) segment of the Nigeria Payments System.
He holds an MSc in Monetary Economics from the University of Ibadan with extensive local and international professional training.
“Samuel joins PalmPay at an important stage in our journey to strengthen the foundations that will support our long-term goal of driving financial inclusion,” said Chika Nwosu, Managing Director of PalmPay Nigeria. “His extensive experience makes him well positioned to help us scale sustainably while maintaining the operational discipline, governance and customer-first culture that define PalmPay.”
“PalmPay has established itself as one of the most impactful fintech companies in emerging markets by making financial services more accessible and affordable for millions of people,” said Mr. Oluyemi.
“I am excited to join the company and look forward to working alongside an exceptional team to strengthen operational excellence and support PalmPay’s vision of building a leading digital financial services platform. Together, we will continue delivering secure, reliable, and customer-focused financial solutions while contributing to the continued evolution of Nigeria’s digital financial ecosystem.”
As Nigeria’s digital financial services sector continues to mature, this appointment reflects a broader commitment guiding PalmPay across all markets it serves: building financial services that are secure, reliable, and effective enough to earn a permanent place in people’s everyday lives.
Telecom3 days agoDStv, GOtv Owner MultiChoice Officially Joins Canal+ Group
News3 days agoPolice Busts Syndicate Who Allegedly Stole N3Bn from Financial Institution
Telecom3 days agoAirtel Africa to Connect 5,000 Schools to Free Internet by 2027
Telecom3 days agoMTN Accelerates Network Expansion to Meet Surging Telecom Demand
E-Financial3 days agoSEC Unveils Plans to Enforce Mandatory ESG Reporting for Large Firms Next Year
Broadcasting3 days agoFrom Scarcity to Scale: What Africa Can Learn from India’s Agricultural Transformation
E-Business3 days agoTeKnowledge, Equinix Partner to Advance Nigerian Digital Infrastructure
General News3 days agoNSIB Faults Runway Identification, Reveals Cockpit Disagreement in Asaba Jet Incident













