The federal government in a bid to implement Section 235 of the Petroleum Industry Act on Tuesday unveiled the template for the Host Communities Development Trust. The unveiling, which was done during the issuance of Petroleum Prospecting Licence for the 2020 marginal field bid round held in Abuja, will attract …

EFCC operatives The Economic Financial Commission Commission (EFCC), has warned landlords that they risk 15-year jail term if they rent houses to internet fraudsters, popularly called ‘Yahoo boys.’ The anti corruption agency disclosed this ahead of its next edition of its public conversation series tagged, “ #EFCCConnect,” which has been …

Sterling Bank CEO, Abubakar Suleiman Favour Fame-Eruagbere, a staff of Sterling Bank Plc, Effurun, Delta State Branch, is currently on the run after allegedly defrauding customers of the bank of the sum of N300 million. The female bank worker was said to have approached some account owners to grant her …

Osa-Oghogho, Chukwu A federal high court in Benin, Edo State has granted bail to Chukwu Emeka, alias Broda Mike, a comedian and vblogger detained by the Department of State Service (DSS) over alleged public incitement. His council, Matthew Osa-Oghogho disclosed the development on Tuesday afternoon in a Facebook post. According …

CJN, Tanko Muhammad The Senate Committee on Judiciary, Human Rights and Legal Matters has received a fresh order to probe the erstwhile Chief Justice, Tanko Muhammed over the allegations of corruption raised against him by some justices of the Supreme Court. 14 Justices of the Supreme Court had recently leveled …

     The MD/CEO of Heritage Bank Plc, Ifie Sekibo and other notable Nigerians have affirmed that the apt way to boost economic prosperity and peace in the country is to start addressing leadership challenges and insecurity. Sekibo and other notable Nigerians like the Presidential aspirant of Labour Party, Peter …

LAGOS.28.06.22. Unity Bank’s flagship Entrepreneurial Development Initiative, Corpreneurship Challenge, is set to return for the 8th edition across 10 locations in Nigeria, including a debut in Delta and Rivers States. The Retail lender kick-started the Corpreneurship Challenge scheme in 2019, with a launch in Lagos and in three other states, which included Edo, …

Alleged N23bn fraud rocks MTN’s MoMo PSB, one month after launch Momo Payment Service Bank Limited (MPSBL), the banking subsidiary of MTN Nigeria Communications Plc, is currently enmeshed in an alleged N23 billion fraud scandal, one month after the launch of the platform. The mobile money banking firm has urged …

  Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers. We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports. Recently, we …

Sterling Bank CEO, Abubakar Suleiman Abubakar Suleiman, managing director of Sterling Bank and three other executive directors at the financial institution, Raheem Owodeyi, Tunde Adeola and Yemi Odubiyi engaged in share dealings last week. The four top executives traded about N42.36 million worth of shares, on the heels of the …