Daily Record

Court jails ex-Finbank MD over N10.9bn fraud

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 …

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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 …

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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 …

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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. …

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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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