RETRACTION AND APOLOGY TO PROVIDUS BANK LIMITED AND MR. WALTER AKPANI ON OUR PUBLICATION OF 9th JANUARY, 2024

BSC Babalakin & Co. CTITIONERS

43A Churchgate Street (formerly Afribank Street) 9th-12th Floors, Victoria Island, Lagos.

P. O. Box 80320, Lafiaji, Lagos

24th January 2024

Dear Sir/Madam,

RE: DEMAND FOR RETRACTION AND AN APOLOGY FOR YOUR PUBLICATION OF 9TH JANUARY 2024.

Upon review and clarification, it has come to our attention that the information contained in the aforementioned publication is not accurate. Providus Bank Limited and its Managing Director, Mr. Walter Akpani, have not been implicated or arrested by the EFCC in connection with any financial misappropriation or fraud involving Minister Betta Edu or her predecessor.

We sincerely regret any inconvenience or damage caused to Providus Bank Limited, Mr. Walter Akpani, and their respective reputations as a result of the publication. We hereby retract the statements made in the article and offer our unreserved apology to Providus Bank Limited, Mr. Walter Akpani, and all parties affected.

In accordance with ethical journalistic standards and our commitment to accuracy, this retraction and apology will be published with equal prominence as the original article.

Once again, we apologize for any distress or harm caused, and we thank you for your understanding and cooperation in resolving this matter promptly.

Yours faithfully,
Adepoju Waheed,
News Editor.

Plot 11, Ajayi Bember Street Off Unilag Road Abule Oja, Yaba Lagos