Connect with us
JUST IN: Rivers State HoS Resigns As New SSG Appointed By Sole Administrator

JUST IN: Rivers State HoS Resigns As New SSG Appointed By Sole Administrator

More Videos

Published

on

JUST IN: Rivers State HoS Resigns As New SSG Appointed By Sole Administrator—-Thecloudngr reports that Rivers Sole Administrator of Rivers State, Vice-Admiral (rtd) Ibok-Ete Ekwe Ibas, has announced the resignation of the Head of Service, Dr. George Nwaeke, describing the development as sad.

The Administrator appreciated the immense contributions of Nwaeke in the short period he served the administration and wished him well in his future endeavors.

Ibas said in the interim, Dr Iyingi Brown, Permanent Secretary Welfare, Office of the Head of Service had been appointed in acting capacity until the emergence of a new Head of Service.

While congratulating her on her appointment,  Ibas assured the people of Rivers of his commitment to neutrality, peace and stability.

Ibas also announced the appointment of Prof. Ibibia Lucky Worika as the new Secretary to the Rivers State Government (SSG).

He said his appointment followed careful consideration of his credentials, extensive experience, and performance during rigorous selection process.

“Prof. Worika’s distinguished career spans academia, international legal practice, and high-level policy advisory roles, making him uniquely qualified to support the Administrator in the onerous task of achieving Mr President’s mandate. His appointment takes immediate effect,” Ibas said.

He added that Worika’s appointment reflected his commitment to harnessing the great human capital of the Rivers’ people to work with him to achieve the much-needed peace, stability and security.

Worika, who hails from Okirika, Rivers State, is a globally recognised scholar, legal expert and administrator with a track record in public service and institutional leadership.

He holds a Ph.D. in International Environmental and Comparative Petroleum Law & Policy from the University of Dundee, United Kingdom, and has performed roles across academia, international organizations, and government advisory capacities.

He is the Director of the Centre for Advanced Law Research at Rivers State University and served as Dean of the Faculty of Law at the University of Port Harcourt.

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares
Continue Reading
Click to comment

Leave a ReplyCancel reply

Sports

BREAKING: Vinícius Rescues Brazil as Morocco Hold Selecao to Thrilling World Cup Opener

Published

on

BREAKING: Vinícius Rescues Brazil as Morocco Hold Selecao to Thrilling World Cup Opener—-Morocco stunned the five-time champions with an early breakthrough before Vinícius Júnior’s moment of brilliance earned Brazil a hard-fought 1-1 draw in Group C.

Brazil were forced to settle for a point in their opening match of the 2026 FIFA World Cup after a spirited Morocco side held the South American giants to a 1-1 draw in a captivating Group C encounter at MetLife Stadium.

The Atlas Lions struck first in the 21st minute when Ismael Saibari latched onto a perfectly weighted pass from Brahim Díaz before calmly lifting the ball over goalkeeper Alisson Becker to give Morocco a deserved lead. The African side’s intensity and organization troubled Brazil throughout the opening stages.

Brazil responded through their star man Vinícius Júnior, who produced a moment of individual brilliance in the 32nd minute. The Real Madrid winger drove into the box and unleashed a powerful finish beyond Yassine Bounou to restore parity and ignite the Brazilian supporters.

Despite enjoying more possession after the break, Brazil struggled to break down a disciplined Moroccan defence. Morocco, meanwhile, continued to threaten on the counterattack and arguably created the clearer opportunities in the closing stages.

The result leaves Group C finely poised, with both teams earning a valuable point in what was billed as one of the most anticipated fixtures of the opening round. While Brazil avoided an early setback thanks to Vinícius’ heroics, Morocco once again demonstrated why they remain one of the most dangerous sides on the international stage.

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares
Continue Reading

News

Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

Published

on

Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

 

Alpha Morgan Bank has announced a landmark financial performance, recording Profit Before Tax of N1.9 billion in just 10 months of operations, a result that stands as a major milestone in Nigeria’s banking industry and reinforces the Bank’s emergence as one of the country’s most remarkable new-generation financial institutions.

With this performance, Alpha Morgan Bank did not only break-even within an exceptionally short period, but also delivered what is believed to be a record-setting early-profit performance in the Nigerian banking sector, underlining the strength of its strategy, the discipline of its execution and the confidence the market has placed in its business model.

The Bank’s strong debut performance was supported by robust growth across key financial and operating indicators. Highlights of the 10-month financial statement include customer deposit of over ₦103BN, gross earning of ₦13.1 billion, net interest margin of 67%, non-performing loan ratio of 0%.

The performance was driven largely by strong synergy in customer acquisition and branch expansion, a deliberate focus on growth in demand deposits, creation of quality risk assets and balance sheet efficiency. These achievements were further supported by robust operational processes powered by sound technology and systems, management depth and expertise, experience and strategic oversight provided by the Bank’s Board.

Speaking on the performance, the Managing Director, Ade Buraimo, described the result as a significant validation of the Bank’s vision, business model and execution capacity.

“This is more than a financial milestone; it is a strong statement of what is possible when vision, discipline, sound execution, and market opportunity come together. From inception, Alpha Morgan Bank was built to be a commercial bank that is solution-driven and committed to delivering value at scale. To record a PBT of N1.9 billion in our first 10 months of operations is both historic and deeply encouraging. It reflects the dedication of our people, the trust of our customers and the solid foundation we have laid for long-term growth.”

 

 

 

About Alpha Morgan Bank

Alpha Morgan Bank is a customer-centric, innovative, and solutions-driven commercial bank, with a clear commitment to delivering “Satisfying Banking.”

Alpha Morgan Bank commenced operations in March 2025 with the rare distinction of regulatory approval for 14 branches across the country. This early footprint, combined with disciplined market execution, has enabled the Bank to build momentum across key business segments in record time.

Alpha Morgan Bank focuses on:

  • Human-Centred Technology: Digital tools designed for intuitive, everyday relevance and not vanity metrics.
  • Transparent Operations: From pricing to service promises, every process is clear, accountable, and customer friendly.
  • Customer-Centric Innovation: Continuously developing solutions and services driven by customer insights to deliver meaningful value and enhance satisfaction.

More than a financial institution, Alpha Morgan Bank positions itself as a partner in progress. Its vision is to drive possibilities, enable dreams, and reemphasize what it means to experience Satisfying Banking in Nigeria.

More about Alpha Morgan Bank on www.alphamorganbank.com

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares
Continue Reading

Trending

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares