As part of its commitment to strengthening local content and community engagement, Dangote Cement Plc., Ibese Plant, has held its 2025 annual capacity development training for representatives of its host communities. Themed “Engagement and Advocacy Skills: Critical Tools for Community Representatives,” the workshop brought together a broad representation of stakeholder …
Read More »How CITITRUST Holdings allegedly laundered over N400m – EFCC
CITITRUST Holdings PLC and three of its subsidiaries have been charged to court by the Economic and Financial Crimes Commission (EFCC) over alleged financial misconduct involving unreported high-value transactions. The trial is set to begin on July 1, 2025, at the Federal High Court in Lagos. The subsidiaries named in …
Read More »Union Bank officer testifies against Friday Audu, Chinese nationals in N3.4bn fraud trial
A compliance officer with Union Bank Plc, Mr. Chidubem Ogbura, on Monday testified before Justice Daniel Osiagor at the Federal High Court in Lagos as the ₦3.4 billion fraud trial involving Friday Audu and three others resumed. The defendants are alleged to be part of a cryptocurrency and romance fraud …
Read More »Klintoncod calls out Prophet Fufeyin, labels him ‘Fraudster’
Nigerian content creator and comedian Ekene Clinton Egbuna, also known as Klintoncod, has called out Prophet Jeremiah Omoto Fufeyin, accusing him of being a fraud. Klintoncod stated that the Prophet was exploiting his congregation and making money off their ignorance. While speaking in an Instagram video on Sunday, Klintoncod said …
Read More »Obidients plan nationwide rally, launch fundraiser for Peter Obi’s 64th birthday
The Obidient Movement has announced a nationwide rally scheduled for July 19, 2025, to celebrate the 64th birthday of former Anambra State governor and Labour Party’s 2023 presidential candidate, Peter Obi, PM has learnt. According to a joint statement by National Coordinator Dr. Yunusa Tanko, Director of Mobilisation Morris Monye, …
Read More »S&P Global speaks on Ecobank Nigeria’s outlook
S&P Global Ratings has said it could revise the outlook to stable if Ecobank Nigeria successfully implements its capital-boosting measures or achieves significant recoveries on its FX-denominated loans within the next six months. “If the bank receives the capital injection from its parent within the next couple of months, we …
Read More »FG announces recruitment into Immigration, NSCDC, Correctional, Fire Service
The federal government has officially announced the recruitment of 30,000 personnel into four major paramilitary agencies across the country. In a statement released Tuesday, the Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB) confirmed that the recruitment drive covers the Nigeria Immigration Service (NIS), Nigeria Correctional Service (NCoS), Federal …
Read More »Why Skye Bank collapsed – Tunde Ayeni breaks silence 7 years after
Tunde Ayeni, former Chairman of the Board of Directors of defunct Skye Bank Plc, has finally broken his silence on the circumstances that led to the collapse of the bank. Speaking during an interview with journalists, reported by Thisday, Ayeni explained that the downfall of Skye Bank was not due …
Read More »Stanbic IBTC Encourages Women to “Bloom into More” at Its Annual Bloom Weekend
Inspiring Connections: Highlights from the 2025 edition of Stanbic IBTC’s Bloom Weekend Stanbic IBTC concluded Bloom Weekend 2025 with remarkable success, leaving behind a vibrant legacy of inspiration, empowerment, and action. The two-day event, held this year under the theme “Bloom into More,” was more than just a celebration; …
Read More »2024: Dangote Cement spends N13.2 Billion on CSR; pays N502.6 Billion as dividends
Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a dividend payout of N502.6 billion, which translates to N30 kobo per share at the 2024 Annual General Meeting, held in Lagos on Monday. In the same vein, the company also significantly increased …
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