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Commonwealth hails $63.5m profit amid 91% claw back fall

COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.

Otabor, Cartwright win

While some of the top elite athletes took care of business in China and Bermuda, a number of collegiate and local athletes were in action in various meets in the United States of America.

Two dead in Eleuthera as car hits tree

TWO men were killed in a traffic accident in North Eleuthera on Saturday when the driver lost control of his vehicle and ran into a tree.

Minnis: The nation will know if I run

FORMER Prime Minister Dr Hubert Minnis does not support his party’s decision to host a one-day convention in June, saying this does not give the Free National Movement enough time to showcase its talent and policies.

Volunteers battle Abaco fires

VOLUNTEER firefighters spent over 30 hours battling a number of fires that erupted in Marsh Harbour and Spring City on Friday.

GBPA braces for govt to launch arbitration

THE Grand Bahama Port Authority (GBPA) is bracing for the Government to formally initiate arbitration proceedings as early as this week after talks failed to break the deadlock over the latter’s $357m demand.

A bit of Charisma will get you everywhere

IN a Nassau church 24 years ago, Charisma Taylor’s mother heard a sermon on charisma, which the pastor described as the “giftings of the spirit.” The sermon struck a chord, and a few months later, out came a baby girl named after it. From day one, Charisma was graced with the name of a star, her mama’s winning smile, and a loving family. Only time would tell how this movie played out.

COP warns residents to remain vigilant over armed robberies

POLICE Commissioner Clayton Fernander urged residents to stay vigilant and heed warnings to remain safe, following three armed robberies this week.

Man sentenced to nine months for stealing

A MAN was sentenced to nine months in prison on Friday after he admitted to breaking into a car on Baillou Hill Road last year and stealing hundreds of dollars worth of property.

Pregnant woman granted conditional discharge after slapping woman

A visibly pregnant woman was granted a conditional discharge on Friday after she admitted to slapping another woman last week.

Man found with loaded gun granted bail

A MAN was granted bail after he was accused of having a loaded gun in New Providence last month.

Father released after son pleads guilty to drug possession

A MAN was sentenced to nine months in prison on Friday after he admitted to having $1,600 worth of drugs last week.

Fire services, volunteers tackling four fires in Abaco

ABACO Fire services and volunteers are working to contain four separate fires in the Marsh Harbour and Spring City areas, forcing the closure of a section of the island's main road today.

Mitchell demands halt to cemetery’s appeal

A CABINET minister was yesterday revealed to have intervened on behalf of his constituents over a planning appeal involving a proposed 13-acre Bernard Road cemetery that is heavily opposed.

PM: Bill’s ‘flexibility’ to end GBPA’s energy regulation

THE Prime Minister yesterday confirmed that the Electricity Bill 2024 provides “the flexibility” to remove the Grand Bahama Port Authority’s (GBPA) ability to regulate the energy sector in Freeport.

Opposition leader fears Bill ‘guts URCA’s BPL oversight’

THE Opposition’s leader yesterday accused the Government of “gutting URCA’s oversight” with planned energy regulation reforms that the Prime Minister said could lead to BPL’s break-up.

Wendy’s: Atlantis can’t dictate what happens on PI

WENDY’S attorneys yesterday asserted that Atlantis cannot dictate all that happens on Paradise Island even though it may view the fast-food restaurant as “not up to snuff”.

Sarkis wins bid to take Baha Mar fraud claim to trial

SARKIS Izmirlian’s $2.25bn fraud and breach of contract claim against Baha Mar’s Chinese contractor was yesterday cleared to proceed to full trial before a New York court this August.

NIB deficit ‘cut by 61%’ after rate hike

THE National Insurance Board took 300 people to court for failing to pay NIB contributions last year –– a 12 per cent increase over 2022 –– and expects its deficit to drop by 61 per cent once contribution rates increase in July.

BPL ‘could be divided into three’

PRIME Minister Philip “Brave” Davis confirmed that Bahamas Power and Light (BPL) could be divided into three separate entities as the government aims to improve power efficiency and reduce BPL’s outstanding debts.

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