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Parallex Bank Launches Uyo Branch in Grand Style

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Parallex Bank Limited, a fast-rising commercial bank in Nigeria, has made a significant stride in its expansion efforts with the grand launch of its Uyo branch in Akwa Ibom State on Tuesday, marking a pivotal moment in the institution’s mission to provide limitless banking experience to Nigerians.

The colourful inauguration event had in attendance esteemed members of the Akwa Ibom State Executive Council, led by the Governor, Pastor Umo Eno, Deputy Governor Senator Akon Eyakenyi, and Speaker of the State House of Assembly, Hon. Udeme Otong, among others.

Chairman of the Board of Parallex Bank, Dr. Adeola Phillips, expressed the bank’s commitment to transforming the banking landscape in Nigeria through strategic partnerships and customer-centric initiatives. Highlighting the institution’s remarkable journey from microfinance to commercial banking, Dr. Phillips announced plans for further expansion, as three more branches will be launched soon. She commended the governor and the people of Akwa Ibom State for the warm welcome and assured the governor of the bank’s readiness to support the government’s ARISE agenda.

Dr. Olufemi Bakre, the Managing Director, shed light on Parallex Bank’s customer-centric approach and groundbreaking digital solutions, emphasizing the institution’s unwavering commitment to transparency and value enhancement. He highlighted the effortless account opening process facilitated by the Parallex Bank App and underscored the appealing benefits including free transfers and competitive interest rates tailored for retail customers.

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The Managing Director expressed gratitude towards the state governor for his pivotal role in facilitating the establishment of a Parallex Bank branch in Uyo. He credited the governor for nurturing and endorsing the idea of Parallex Bank in Uyo, heralding it as the dawn of limitless banking experiences for the state and its populace. He declared that Uyo natives and residents now have the liberty to initiate bank account setups with their preferred numbers, avail themselves of 150 free transfers to other accounts monthly, and engage in banking activities devoid of unwarranted charges.

Bakre stressed Parallex Bank’s profound dedication to customer satisfaction, professionalism, and innovation, underpinned by collaborative efforts and strategic partnerships. He explained the bank operates under the principles of speed, execution, executive touch, going the extra mile, digital innovation, and discipline. He emphasized customers should consistently encounter these qualities in their interactions with the bank.

He commended the Board of Directors of the bank for their unwavering support and dedication to the bank’s success, attributing the institution’s rapid growth and profitability to their leadership.

Akwa Ibom State Governor, Pastor Umo Eno, pledged the government’s support for Parallex Bank’s endeavours in the state, emphasising the importance of collaboration in driving economic empowerment and growth for small and medium enterprises. He reiterated the government’s commitment to creating an enabling environment for investment and business development in Akwa Ibom.

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El-Rufai’s Shocking Revelations on Arise TV: Arrest Plot, Phone Tapping Claims and Fresh Political Bombshells

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By Yusuf Danjuma Yunusa

Former Kaduna State governor, Nasir El-Rufai, has accused the National Security Adviser (NSA), Nuhu Ribadu, of ordering his arrest and orchestrating what he described as an attempt to detain him at the Nnamdi Azikiwe International Airport on Thursday.

El-Rufai made the allegation on Friday during an interview on Prime Time on Arise Television, claiming that Ribadu personally directed security operatives to arrest him upon his arrival in Abuja.

The former governor was involved in a heated exchange with security officials at the airport shortly after landing in the country. According to his aide, operatives briefly restrained him and confiscated his international passport before escorting him out of the terminal, as supporters gathered outside chanted in solidarity.

El-Rufai alleged that a telephone conversation involving the NSA was intercepted and that he heard Ribadu instructing officers to detain him.

“The NSA’s call was tapped. They do that to our calls too, and we heard him saying they should arrest me,” he claimed.

He did not provide evidence to substantiate the allegation, and as of the time of filing this report, Ribadu had not issued an official response. The NSA has, however, previously denied similar accusations.

Reacting shortly after the interview, Senior Special Assistant to the President on Media and Publicity, Temitope Ajayi, questioned El-Rufai’s admission that the NSA’s phone conversation was tapped.

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“El-Rufai admitted on national television that someone tapped the phone of the NSA for him to listen to his conversation. When Charles Aniagolu pointed out that this was illegal, he agreed. By the time he is invited to produce the person who illegally tapped the NSA’s phone, he would claim persecution,” Ajayi wrote on Facebook.

El-Rufai further alleged during the interview that Kaduna State Governor Uba Sani, NSA Ribadu and the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) had conspired against him.

“Let me tell you, Kaduna Governor Uba Sani, the NSA and the ICPC chairman have arranged that I get abducted unfailingly today,” he said.

The allegations come amid heightened political tension between El-Rufai and some figures within the ruling All Progressives Congress (APC), following his sustained criticism of President Bola Tinubu’s administration.

Dadiyata’s Disappearance

During the interview, El-Rufai also addressed the unresolved disappearance of Abubakar Idris, popularly known as Dadiyata, a social media commentator who was abducted from his Kaduna residence in 2019 and has not been seen since.

He denied any involvement and rejected suggestions that his administration played a role in the activist’s disappearance. According to him, Dadiyata was primarily a critic of political actors in Kano State rather than Kaduna.

“Dadiyata lived in Kaduna, but he was not a critic of Kaduna State. We barely knew he resided in Kaduna until his abduction was reported. He was a critic of the Kano government at the time,” he said, implying that attention should be directed toward political actors in Kano.

Dadiyata’s case remains unresolved despite repeated calls by civil society organisations for a comprehensive investigation.

Kwankwaso and U.S. Legislative Move

El-Rufai also commented on reports of a bill proposed by some United States lawmakers seeking sanctions against former Kano State governor, Rabiu Kwankwaso, over alleged links to terrorism.

He dismissed the move as politically motivated and rejected claims associating Kwankwaso with extremist activities.

El-Rufai argued that if scrutiny were to be applied to political actors over the introduction of Sharia law in northern Nigeria, attention should focus on Zamfara State, where it was first implemented under former governor Ahmad Sani Yerima.

Despite alleging political persecution, the former governor maintained that he remains willing to honour any lawful invitation from security agencies.

“I am ready to appear wherever I am invited, provided it is within the ambit of the law,” he said.

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Jonathan Advocates Youth-Led Governance, Says Africa Needs Leaders Aged 25–50

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By Yusuf Danjuma Yunusa

Former President Goodluck Jonathan has urged African nations to embrace a new generation of leaders, arguing that individuals between the ages of 25 and 50 are better equipped to withstand the pressures of modern governance.

Jonathan made the remarks on Thursday in Abuja during the International Memorial Lecture and Leadership Conference held to mark the 50th anniversary of the assassination of former Head of State, General Murtala Ramat Muhammed.

Drawing from his experience in office, the former president highlighted the intense physical and mental demands of leadership, revealing that he sometimes slept for less than two hours a day while serving.

“Why do we assume that leadership must come at old age?” he asked, stressing that governance requires exceptional stamina and resilience.

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According to him, younger leaders are more likely to cope with the stress associated with running a country. “If you subject an older person to that level of stress, the health implications can be significant,” he said.

Jonathan reiterated support for Nigeria’s “Not Too Young To Run” campaign, which seeks to lower constitutional age limits for elective offices and broaden youth participation in politics.

“If Africa is serious about progress, we must consciously open up leadership spaces for younger, vibrant and mentally agile citizens,” he said.

He also expressed concern over what he described as the excessive foreign travels and prolonged absences of some public office holders, questioning how governance can be effective when leaders spend substantial time away from their jurisdictions.

“Leadership requires presence, discipline and commitment. Governance cannot be outsourced,” he added.

Reflecting on the legacy of General Murtala Muhammed, Jonathan said the late leader’s short but impactful tenure demonstrated that age is not a prerequisite for transformative leadership. Muhammed became Head of State at 38 and, despite serving for only 200 days, left enduring reforms.

He also cited General Yakubu Gowon, who assumed office at 32 and steered the country through the civil war before introducing the National Youth Service Corps (NYSC), as an example of effective youthful leadership.

While advocating generational change, Jonathan cautioned that youthfulness alone is insufficient. He emphasised the need for strong democratic institutions, discipline and adherence to the rule of law.

“Democracy thrives on institutions, not personalities. It demands vision, persuasion and respect for the people’s will,” he said.

Jonathan concluded by urging both leaders and aspiring politicians to regard public office as a platform for service rather than entitlement, insisting that leadership should ultimately be measured by its impact on society.

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KEDCO Unveils Self-Service Kiosk to Enhance Customer Experience and Service Delivery

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The Kano Electricity Distribution Company (KEDCO) has officially launched a self-service kiosk aimed at transforming customer interactions, improving convenience, and strengthening revenue assurance. The unveiling ceremony, held in Kano, represents a major step in the company’s broader digital transformation strategy and its commitment to customer-centric innovation.

Delivering his keynote remarks, Dr. Abubakar Shuaibu Jimeta, Managing Director and Chief Executive Officer of KEDCO, described the initiative as a landmark achievement that reflects the company’s vision of digitizing its operations and placing customers at the heart of its services.

“Whatever we do, customers come first. We are here to launch something that is part of our vision – bringing digitization into our business. Convenience is what sails,” Dr. Jimeta said.

He stressed that every strategy and partnership pursued by KEDCO is designed to directly benefit customers. According to him, once customer satisfaction is achieved, “everything else falls into place.” Dr. Jimeta further revealed that the company plans to expand the kiosks across all franchise areas, underscoring KEDCO’s openness to partnerships and collaborations that align with its vision.

Speaking on the financial implications, Alkasim Othman, Chief Finance Officer of KEDCO, explained that the power sector often grapples with liquidity and efficiency challenges. He noted that the kiosk system is a practical response to these issues.

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“In the power sector, we often ask: can they do it quickly? Today’s launch is a response to that experience. It improves customer experience and revenue assurance. Innovation does not replace people – it empowers them,” Othman stated.

He emphasized that the kiosks would not only ease customer transactions but also strengthen KEDCO’s financial sustainability by ensuring timely payments and reducing revenue leakages.


The launch was made possible through collaboration with FUCIL Datatech Limited, KEDCO’s technology partner. Its Chief Executive Officer, Chioma Iwuagwu, reaffirmed the company’s dedication to delivering secure, scalable, and customer-focused digital solutions.

“We are proud to support KEDCO in building robust digital infrastructure. Our relationship with KEDCO has been long and impactful. Together, we will sustain revenue assurance and show commitment to digital transformation,” Iwuagwu said.

She added that the partnership is geared toward building a technologically advanced electricity distribution system that ensures ease of payment and convenience for customers, while also supporting Nigeria’s broader digital economy goals.

The self-service kiosk is expected to significantly reduce queues, streamline bill payments, and provide customers with faster access to services. By embedding technology into its operations, KEDCO is positioning itself as a forward-looking utility company capable of meeting the evolving demands of modern consumers.

The unveiling ceremony reaffirms  KEDCO’s vision to leverage innovation, strategic partnerships, and customer-focused strategies to transform electricity distribution across its franchise areas. Stakeholders expressed optimism that the initiative would set a new benchmark for service delivery in Nigeria’s power sector.

 

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