Lateefa Okunnu, judge of the Lagos state high court sitting in Ikeja, on Tuesday, convicted and sentenced Okey Nwosu, a former managing director, Finbank Plc, to three years imprisonment over N10 billion fraud. The Economic and Financial Crimes Commission (EFCC) had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma …
Read More »Zenith Bank loses director to COVID-19
Zenith Bank Plc has announced the death of one of its directors, Prof. Oyewusi Ibidapo-Obe. According to a regulatory filing by the lender to the Nigerian Stock Exchange, the late professor joined the bank in 2016 as an independent non-executive director. The statement read in part, “He was a distinguished …
Read More »FG seeks more MSME participation in N75bn fund
President Buhari The Federal Government has said it wants more micro, small and medium enterprises (MSMEs) to participate in its N75 billion economic recovery and stimulus programme in order to grow their respective businesses. Minister of Industry, Trade and Investment, Adeniyi Adebayo who made the request on Monday, called on …
Read More »#EndSARS: Lagos govt has paid for forensic examination of Lekki toll gate – Panel
The Lagos State Government has paid a huge sum of money to forensic experts to unearth the truth of what happened at the Lekki toll gate on October 20, 2020. This was disclosed by the Chairman of the Lagos State Judicial Panel on Restitution for victims of SARS and police …
Read More »NSE resumes with N459bn growth, index crosses 41,000 mark
The Nigerian Stock Exchange resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration. Specifically, the All-Share Index inched higher by 876.67 points or 2.18 per cent to close at 41,147.39 from …
Read More »Yuletide: CBA Foundation donates food items, cash gifts to widows in Anambra
As part of the New Year celebration, the Chinwe Bode-Akinwande (CBA) Foundation, a non-governmental organization in Nigeria, has put smiles on faces of some widows in Nnewi, Anambra State. The event, which was held on Friday, January 1, 2021 had excited widows numbering over 55 going home with food-items and …
Read More »New Beginning As Onyeali-Ikpe takes office as Fidelity Bank MD/CEO
Fidelity Bank Plc said on Sunday that the organization will consolidate on its growth and achieve greater strides as Mrs Nneka Onyeali-Ikpe assumes office as managing director Onyeali-Ikpe becomes the fourth Chief Executive and first female to occupy the position since the inception of the bank in 1988. She succeeded …
Read More »Ibidapo Obe’s death shocking, says UNILAG VC
Vice-Chancellor of the University of Lagos (UNILAG), Prof. Oluwatoyin Ogundipe has said the death of the institution’s eighth Vice-chancellor, Prof. Oyewusi Ibidapo Obe came as a rude shock to the university Community. In a statement, Ogundipe noted that Ibidapo-Obe, who died at 71 contributed a lot to the university’s development. …
Read More »FG slams travel ban on 100 Nigerians for flouting COVID-19 protocols
SGF Boss Mustapha The Federal Government has published the passport numbers of 100 travellers, who failed to undergo the mandatory COVID-19 test after their return to Nigeria. Details of the passports were published by the Presidential Task Force on COVID-19 on Saturday. “Based on Presidental authority, travel restrictions are placed …
Read More »Stanbic IBTC Receives Outstanding Community Service Award
In recognition of its meritorious contributions to the development of Olambe Community in Ogun State, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been honoured with the Outstanding Community Service Award in the Corporate Social Responsibility (CSR) category. The award, organised by Ascend Hotels Limited, in conjunction with …
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