Popular Businessman decries media bullying over property in Ogun

An Ogun State -based real estate practitioner, Mathew Elisha has condemned what he described as media bullying in an attempt by a man to forcefully take over his land in the Ologede community in Atan area of Ado- Odo / Ota Local Government .

The business man stated this ,while reacting to a viral video on the internet ,where he was accused of forcefully taking over a community land ,which was dedicated for the construction of a primary school .

One of the residents , Olalekan Abatan accused Mathew of erecting a structure on the land ,where the community was planning to build a primary school

The real estate practitioner described the accusation against him as untrue and malicious ,adding that it was aimed at inciting the public against him.

He clarified that ” To begin with ,the land they are talking about is not in Igbele Ajana .It is in Ologede .It will be wrong for them to say that the land was given to them by the Ogedengbe family . ”

He also stated that ” I am very disappointed in the said Abatan. Already he had instituted a case at the Customary Court. Why is he resorting to media blackmail again .

He had initially reported to the police and after thorough investigation by the Divisional Crime Officer in charge of the station .He abandoned the matter at the police station and ran to the court .Now he has resorted to media blackmail .”

Mathew explained that ” I bought the land a long time ago from the Solabi Family . I started construction and I had three courses already on the land .
.
The land became a subject of litigation between the Solabi Family and the Asalu family . The Asalu Family won at the high court and I stayed away from the land .

The Solabi Family approached the Appeal Court and the matter was decided in their favour The family also won at the Supreme Court . I returned to my land .Nothing had been built on it. I am surprised that they are claiming that the land was donated for primary school .

Abatan even confirmed to the police that there was already a construction on the land ,when it was donated to them. He added that the Ogedengbe family claimed to have erected the building on the land .”

The businessman noted that ” What they are saying is not only untrue but a malicious attempt by the said Abatan to incite members of the public against me .

BREAKING! Opay Begins Charging Of N50 Electronic Transaction Fee

OPay is set to apply a transfer fee of N50 for transactions exceeding N10,000.

OPay has introduced a new fee for electronic transfers into both personal and business accounts, in accordance with the regulations set forth by the Federal Inland Revenue Service.

Beginning September 9, 2024, there will be a one-time charge of N50 for transfers of N10,000 or more.

On Saturday, OPay communicated to its valued customers:

“Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service regulations.”

GTCO’s Guaranty Trust Bank Named Best Bank for Corporate Social Responsibility in Nigeria by Euromoney

– Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024.

This recognition underscores GTCO’s unwavering commitment to excellence, going beyond offering innovative financial services and creating more value for its stakeholders to enriching lives and constantly exploring new opportunities to drive positive change in society.

Announcing the Award, Euromoney highlighted the range and impact of GTCO’s CSR initiatives spanning education, health, community development, and financial inclusion. Over the years, Guaranty Trust has not only led with innovation and service excellence, but also consistently demonstrated a steadfast dedication to making a positive impact and creating shared value through CSR. Central to these efforts are its consumer-focused events—the GTCO Food and Drink Festival and the GTCO Fashion Weekend—both of which offer free business platforms for budding as well as established entrepreneurs to showcase their talents, share their unique stories, and connect with a broader audience. The Annual GTCO Autism Programme, an offshoot of the Orange Ribbon Initiative, aims to provide ongoing support for persons with developmental disabilities, focusing on those with autism spectrum disorder (ASD).

Commenting on the Award, Segun Agbaje, Group CEO of Guaranty Trust Holding Company Plc, stated: “As a Proudly African institution, we recognise that our success is inextricably linked to the well-being of the society in which we operate. Our commitment to corporate social responsibility is deeply rooted in our belief that businesses must act as a force for good, driving sustainable progress, and fostering inclusive growth. Over the years, we have successfully developed several free-business platforms and continue to sponsor impactful social causes that have benefited millions of people and businesses across Africa. This recognition from Euromoney is a testament to the far-reaching impact of our initiatives, and it reinforces our resolve to create enduring value and ensure better outcomes for all.”

About GTCO

Guaranty Trust Holding Company Plc is the ultimate holding company of the GTCO Plc Group, one of the largest financial services institutions in Africa. Headquartered in Lagos, Nigeria, Guaranty Trust Holding Company Plc maintains direct and indirect investments in a network of operating entities located in 10 countries across Africa and the United Kingdom. Within these regions, the operating entities provide a comprehensive range of commercial banking and related financial services to millions of retail, institutional, private banking and wealth management customers, in addition to asset management, pension fund administration and payment technology businesses.

GTCO’s leadership in the banking industry and efforts at empowering people and communities has earned it many prestigious awards over the years. Guaranty Trust Bank is a Twelve-time winner of Euromoney’s Best Bank in Nigeria award and was recently named Nigeria’s Strongest Brand and Best Banking Brand in Nigeria by Brand Finance and Global Brands Magazine, respectively.