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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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Erosion Control :Governor Yusuf Disburses Over N600 Million Compensation

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Kano State Governor, Alhaji Abba Kabir Yusuf, has disbursed over N600 million to residents of Bulbula and Gayawa who were affected by the ongoing Erosion Control Project.

A statement released on Thursday by the Governor’s Spokesperson, Sanusi Bature Dawakin Tofa, said that the disbursement was organized by the Kano State Agro-Climatic Resilience in Semi-Arid Landscapes (Kano-ACReSAL), under the Ministry of Environment and Climate Change. The event took place at the Coronation Hall, Government House, Kano.

According to the statement, the project involves the construction of reinforced concrete channels, bioremediation buffers, and other robust erosion control infrastructure.

This initiative aims to reclaim degraded land and restore safety to the affected areas. It is being executed through a collaboration between the state and federal governments, with support from the World Bank.

The statement further elaborated that the project will also strengthen surveillance through the engagement of community vigilantes and the installation of solar streetlights to deter criminal activity that had previously thrived in the abandoned gully area.

In his address, Governor Yusuf stated:
“Today marks a significant step forward in our collective journey to restore dignity, security, and prosperity to the communities of Bulbula and Gayawa.”

He continued:
“I am deeply honored to be here to personally present compensation cheques to the Project Affected Persons (PAPs) under the Resettlement Action Plan (RAP) for the Bulbula-Gayawa Erosion Control Project in Nasarawa and Ungogo Local Government Areas.”

The Governor urged the beneficiaries to make judicious use of the funds, emphasizing:
“Every cheque presented today is a message that the government of Abba Gida-Gida stands with its people, especially during times of hardship and displacement.”

“The compensation being disbursed today is based on thorough enumeration, community engagement, and due diligence. Our approach ensures that every affected citizen is recognized, documented, and fairly treated in accordance with global best practices,” he assured.

Governor Yusuf lamented that:
“The Bulbula-Gayawa erosion menace has brought untold hardship to many. It has claimed farmlands, damaged homes, displaced families, and turned once-thriving neighborhoods into unsafe zones.”

The Governor pledged his administration’s continued support throughout the project’s lifecycle, reiterating that no community would be left behind in the development process.

Governor Yusuf expressed his appreciation to the implementation team under the ACReSAL Project, traditional rulers, community representatives, and relevant stakeholders for their transparency, professionalism, and relentless efforts in ensuring the successful compensation exercise.

 

Some beneficiaries, Jibril Abdullahi Jibril and Fatima Haruna, expressed their gratitude to the state government for the intervention. They recalled years of advocating for the project, which had been unsuccessful until the present administration took action.

 

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NRO Secretary Engineer Abdulkadir Gude Dies

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Late Abdulkadir Gude

 

An elderstateman, and Secretary of the Northern Reform Organization (NRO) engineer Abdulkadir Yusuf Gude has passed away.

Engineer Abdulkadir Yusuf Gude died on Friday at the age of 65 after a protracted illness.

Known for his commitment to reforming the northern part of Nigeria and the country at large, engineer Gude was among the pioneer leaders of the NRO, an organization formed to address challenges facing the northern region.

He worked in the Kano water resources and engineering construction agency (WRECA) for many years as well as Aluminium Smelter Company among others.

His closest associate Mahmoud Adnan Audi confirmed his death, noting that, the funeral arrangement is scheduled for 2:30 pm after Juma’at prayer at Bayero University Kano old Campus.

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May Allah forgive his shortcomings and grant him Jannatul Firdaus.

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Vatican Elect Cardinal Robert Prevost as new pope

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Cardinal Robert Prevost has been elected pope, the first time an American will lead the Roman Catholic Church. He chose the name Pope Leo XIV.

The 69-year-old new pontiff appeared at the balcony in St. Peter’s Basilica and said Peace be with all of you!”

He said he wanted his message of peace to “enter your hearts, reach your families and all people, wherever they are.”

He thanked his fellow cardinals for selecting him, and spoke in Italian, Spanish and Latin. Having spent years working in Peru, he thanked his former diocese in the South American country, “where a loyal people has shared its faith and has given a lot,” he said.

He also spoke warmly of the late Pope Francis and concluded by leading the crowd in prayer.

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He appeared after white smoke streamed from the chimney atop the Sistine Chapel, signaling the 133 cardinals inside had elected a new pope.

A roar erupted from the crowd when they saw the white smoke, which was shown on several large screens in St. Peter’s Square. Enormous bells of St. Peter’s Basilica began to ring, tolling the news that the Catholic Church has a new pope.

The vote came on the second day of the papal election process known as the conclave. Church experts had named other possible candidates and had not expected an American to win the papacy.

Rome has been brimming with excitement, as thousands gathered near the Via della Conciliazione to be present for the historic moment when the new pope is announced and presented to the world.

The cardinal electors then paid homage and pledged obedience to the new head of the church, and thanked God while the new pope was taken into a sacristy and fitted with papal attire.

Finally, the pronouncement was made in Latin — “Annuntio vobis gaudium magnum: Habemus Papam!” (“I bring you tidings of great joy: We have a pope!”) — and the new pope gave an apostolic blessing to throngs of faithful.

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