Tunde Lemo …Rejects appearance by proxy The Office of Special Investigator Jim Obazee has insisted that  Mr Tunde Lemo, the Chairman of Titan Trust Bank, TTB, Mr Cornelius Vink and Rahul Savara must appear before it today to prove that their acquisition of Union Bank of Nigeria, UBN, followed due …

Gani Adams and Akeredolu The Aare Onakakanfo of Yoruba land, Chief Gani Adams, has reacted to the demise of the Ondo state governor, Arakunrin Rotimi Akeredolu, describing it as a huge personal loss. Adams, who commiserated with the governor’s bereaved family in a statement on Thursday by his Special Assistant …

  The 7 Division of the Nigerian Army in Maiduguri, has confirmed the arrest of a soldier for allegedly killing a truck driver at a checkpoint along Maiduguri – Dikwa- Gamboru road. The incident occurred because of   a misunderstanding between the soldier and the truck driver at the checkpoint. The …

Chinese Yuan and US Dollars The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 7.0974 against the dollar on Thursday. The China Foreign Exchange Trade System revealed this. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by …

The Acting Governor of Ondo State, Lucky Aiyedatiwa, is sworn in as governor on Wednesday, December 27, 2023. PHOTO: ChannelsTV The acting governor of Ondo State, Lucky Aiyedatiwa., has been sworn in as the governor of the Sunshine State. The swearing-in was held at the Cocoa Conference Hall in the governor’s …

British American Tobacco The Federal Competition and Consumer Protection Commission has slammed a $110m fine on British American Tobacco (Nigeria) Limited with respect to a range of infringements of the Federal Competition and Consumer Protection Act, National Tobacco Control Act and sundry legal instruments. The fine is contained in a …

VFD Group Plc, a company described as the ‘Berkshire Hathaway of Nigeria’ has received regulatory approval from the Securities and Exchange Commission (SEC) to undertake rights issues, the company has said. VFD said it is offering 63,342,455 shares of 50 kobo each at N197.33 per share to existing shareholders. Rights issues …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 77 customers with cash prizes in the first quarterly and third monthly draws of its Reward4Saving 3.0 promo. Both draws took place at the Bank’s head office at Walter Carrington Crescent, Lagos. 70 customers won N100,000 each, while seven …

Zenith Bank Plc has been named the “Best Bank for Digital Solutions in Nigeria” in the Euromoney Awards for Excellence 2023, underscoring the bank’s pioneering and outstanding achievements in delivering cutting-edge digital financial solutions. Speaking on the recognition, the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said, …

Nigerians have continued to show their stellar intelligence and continue to make waves globally in different areas of academics. Recently at the University of Queensland graduation ceremonies, Abdulrasaq Ogunyale stood out tall, graduating with distinction in Master of Peace and Conflict Studies achieving a unique feat of cumulative GPA of …