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Labour Submits Notification Letter

Protest: Lagos CP, NLC Meet, Labour Submits Notification Letter

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Protest: Lagos CP, NLC Meet, Labour Submits Notification Letter—-The Commissioner of Police in Lagos State, Mr Adegoke Fayoade, has met with the leadership of the Nigeria Labour Congress (NLC) in the state ahead of the two-day protest planned to begin on Tuesday.

The Command’s spokesperson, SP Benjamin Hundeyin, confirmed the meeting in a statement on Monday night.

Recall that the NLC has slated a two-day protest across the country for Tuesday and Wednesday over the high cost of living in the country.

The body claims that the hardship in the land follows the hike in prices of goods and services consequent upon the removal of fuel subsidy and the free fall of the naira.

Hundeyin said that the leadership of the union was invited by the Commissioner to look into all areas about the planned protest.

“The CP has equally assured that the Police will be on ground throughout the protest to ensure their security,” he said.

Hundeyin said that the NLC Chairperson in Lagos, who led the team to the command, Mrs Funmi Sessi, assured the commissioner of a peaceful protest by her members.

He said the chairperson submitted a letter of notification on the protest to the police boss.

The image maker said that the NLC protest would take off from Ikeja Under Bridge to Alausa, the seat of Lagos State Government.

Heavily armed police operatives were seen at Gani Fawehinmi Park, Ojota and other parts of Lagos on Monday, in readiness for the planned protest.

Earlier in the day, Fayoade had also been to the NLC secretariat to address some other protesters from civil society groups who took to the streets over the cost of living, according to Hundeyin in an earlier statement.

“The Commissioner of Police, Mr Fayoade addressed the protesters before the procession took off in his presence.

“The procession was peaceful and without any untoward incident,’’ Hundeyin said, adding that Fayoade personally monitored the security operation and the protest.

He stated that the protesters neither caused traffic obstruction nor got involved in violent activities.

He explained that the procession moved from Yaba area to Maryland, stressing that the police were with the protesters all the way.

“The protesters played their part well and did not obstruct traffic.

“The police provided adequate security and ensured the procession was not hijacked. Everything went fine.

“All the protesters have since dispersed. It has been a good day,’’ Hundeyin said.

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Sports

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

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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.

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

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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

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