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Late gospel singer Osinachi Nwachukwu’s husband has been sent to Kuje prison

By
Stanley Alieke
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6

The alleged wife beater and killer, Mr. Peter Nwachukwu the husband of the deceased gospel musician, Mrs. Osinachi Nwachukwu, is already getting served the full dose of the harsh side of the law.

He was previously charged with 23 counts of charges bordering on domestic violence, emotional abuse, culpable homicide, etc and some of the charges carry capital punishment. Peter during his court appearance on June 3rd, pleaded not guilty to any of the 23 count charges as he insisted that he didn’t kill his wife and that what killed his wife was cancer of the lungs. 

One of the counts reads: “That you, Peter Nwachukwu, male, sometime between 14th November 2009 and April 2022 at Aco Estate, opposite police station, Lugbe, Abuja, FCT, within the jurisdiction of this honorable court, did commit an offense to wit: emotional, verbal and psychological abuse on Mrs. Osinachi Nwachukwu (deceased) by humiliating her and making utterances like ‘you are smelling,’ ‘you are mad,’ to her in the presence of her music crew members.”

The best available option for Peter Nwachukwu since the evidence is stacked against him proving that he actually did carry out the acts of domestic violence and abuse on his wife which eventually led to her death which their children have witnessed and gave testimony confirming this is for him to plead guilty because when you admit to the commission of a crime you are being charged with and plead guilty, the court is tempted to become lenient with you and reduce your punishment and charge you with lesser punishment for the reason that you admitted to the commission of the crime or offense.

Mr. Peter Nwachukwu will, unfortunately, be sentenced to death by hanging which is the punishment for the offense of culpable homicide under the Nigerian laws and if he is lucky or has the best day in court he will be sentenced to life imprisonment as a lesser punishment. 

Not to be subjudiced or judicially biased against the suspect, if during the trial Mr. Nwachukwu is able to provide evidence, countering the already gathered evidence to show he is innocent or that he did not kill his wife he will be let to walk free. 

The case was adjourned to June 16 and June 17, 2022, but until then, the suspect is to be remanded at the Kuje prison. 

GTCO’s HabariPay Gets Final Approval from CBN to Offer Financial Services

By
Samuel Nwite
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0

A few days after the launch of its fintech unit called SquadCo, Guaranty Trust Holding Company (GTCO), has got final approval from the Central Bank of Nigeria (CBN) for its payments unit HabariPay Limited.

The bank, which recently transited to a holding company, is focusing on fintech to tap from Nigeria’s underserved market. The CBN’s approval for HabariPay means one of the largest financial institutions in the country is joining forces with players in the fintech space to deepen financial inclusion in the country.

HabariPay offers a range of financial services augmented by other units of GTCO. This is seen as a major boost to the push to curtail the teeming number of about 40 million unbanked and underserved people in Nigeria, giving GTCO’s branches scattered across the country.

“Payments are central to the development of financial services globally and represent a key growth area for the group,” said CEO Segun Agbaje.

“With HabariPay, we have successfully created another pathway towards enhancing the service experience for our customers and creating more value for our stakeholders.”

Nigeria is experiencing a boom in the emerging fintech market that has been increasingly attracting billions of dollars in investment. As the boom results in threat to traditional financial institutions, banks are jumping the fintech train. Besides GTCO, Access Bank is another traditional institution in Nigeria that has gone holdco while Sterling Bank is towing the same path.

GTCO’s determination to diversify its financial operation is also seen in its recent purchase of Investment One Funds Management Limited and Investment One Pension Managers Limited made in February. However, the company’s focus remains on financial technology.

“Our vision is an Africa where every payment is digital, and we hope to achieve this by increasingly leveraging technology to improve access to financial services for individuals and empower businesses across Africa with the right digital tools to thrive,” Mr Agbaje said.

Is Nigeria’s digital payment space getting saturated?

Despite the financial inclusion gap, there is concern that there are becoming too many digital payment companies in Nigeria. Recently, major telecom companies in Nigeria, Airtel and MTN, were given licenses to operate payment service banks (PSB), a development believed to be the ultimate boost to the push for financial inclusion.

The telcos’ delve into financial services is in addition to hundreds of fintech startups in Nigeria, headed by Flutterwave, that are trying to solve the same problem.

However, compared to countries where there is financial inclusion, Nigeria’s digital payment market is still untapped given its population. For instance, in the United States, there are 8,775 fintech startups for its 334.6 million people while the United Kingdom has 1,600 fintech startups serving its 68.5 million population. India, a country with a financial inclusion gap similar to Nigeria, has 6,636 fintech startups for its 1.4 billion population. Likewise, Brazil has 1,446 fintech startups for its 215 million people.

Nigeria is said to have about 200 fintech startups, serving its more than 200 million population. This leaves about one million people to the service of one fintech, meaning that Nigeria needs more than a thousand fintech startups to bridge the gap.

Join Tekedia Capital Syndicate Today And Co-Own A Piece of Africa’s Great Startups

By
Ndubuisi Ekekwe
-
0

Tekedia Capital invests in technology-anchored early stage startups and companies. Our opportunity antenna and grassroot connections with innovators enable us to see patterns as they develop. We invite you to partner with us as we nurture and build category-king companies in Africa and beyond, and in the process advance citizens, communities and nations. At Tekedia Capital, we fund the foundations of the NEXT African economy.

Click, learn more and join our Syndicate here . With that, you will co-invest with us in the startups of the future. We work with citizens, companies, investment clubs, cooperatives, etc, from any location in the world where US companies are allowed to do business. Join Tekedia Capital and own a piece of Africa’s great startups.

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Osun Voters Need Targeted Issue-Based Campaign as 2022 Election Draws Nearer

By
Mutiu Iyanda
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0
Sample of political parties in Nigeria (Source: Punch)

As political parties, media handlers, and supporters continue to promote more than ten candidates for the governorship election in Osun in 2022, the Positive Agenda Nigeria, a non-governmental organization, stated that voters in the state must be familiar with messages that focus on policy and program issues or needs. After four weeks of analyzing messages expressed by stakeholders on social media (Facebook and Twitter), in newspapers, in radio jingles, and during campaign events in some cities and towns across the state, the organization made this submission.

The organization, which is made up of academics and independent researchers, discovered that the ruling party, the All Progressives Congress, and the main opposition party, the People’s Democratic Party, engaged the public more during the four weeks of monitoring than other political parties who expressed interest in the election.

According to the policy brief released at the end of the first week and made available to our analyst, “media handlers and supporters of the ruling party informed potential electorate on programmes it would focus on if re-elected more than other political parties did. However, the leading opposition party (PDP) slightly engaged people on its planned programmes if elected.

Political parties (APC, PDP, LP, Accord) and their supporters slightly and highly engaged potential electorate while discussing infrastructure, economy, workers’ welfare, salary and employment and health. But the ruling party (APC) engaged the public more on health, workers’ welfare, salary and employment, social programmes, and infrastructure.

Personality issues of the candidates, competence or lack of it, assassination attempts or threats to life, violence and vote buying dominated the monitoring periods at the expense of informing potential voters the need to vote candidates based on their abilities and capabilities to address existing practical problems or needs in health, education, security, agriculture, economy, social programmes, infrastructure, workers’ salary, welfare and employment.”

Based on the emerged outcomes, the group notes that political parties need to train their social media handlers and media team on media literacy skills so that issue-based campaigns become their focus instead of attacking the personality of other parties and opponents.

Download the policy brief here

The Facts on Petroleum Technology Development Fund Nigeria with Southeast scholars

By
Ndubuisi Ekekwe
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0

Good People, we must stop peddling fake news just to score cheap political points in Nigeria. I have received more than 20 messages and tweets indicating that students from Southeast were excluded from the Petroleum Technology Development Fund (PTDF) selection process due to the Fund’s decision not to travel to Enugu. Honestly, I was stunned to read those messages.

To check things, I called a director in the Fund to explain what was going on. According to him, they were unable to visit Enugu due to some security related issues (not a strong point I mentioned to him). Yet, the Fund did offer all Southeast candidates to interview virtually or to choose from one of Port-Harcourt, Abuja, Bauchi, Kaduna and Ibadan centers for the selection process.

And he sent me this link  which has many guys from Southeast – https://lnkd.in/ed-N2xX8 . I have people I call whenever I want things in Nigeria; this man cannot do fake news to me.

People, share this note with those peddling this fake news. Southeast scholars are still in the process. This is not to defend Nigeria. But rather, to defend facts and objectivity. To the national scholars, I wish all of you good luck.

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