Business

CBN To Freeze Polaris Bank Account A Federal High Court (FHC), Abuja, on Friday, ordered Mr Chinenye Duru, a Polaris Bank staff and account officer to Mr Victor Onukogu, to be remanded in a correctional facility over alleged N16.6 billion fraud. Justice Inyang Ekwo gave the order after Duru was …

Management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations, that constitute 75 per cent of the total market in Nigeria have been registered. The associations are the Depot and Petroleum …

70 customers have emerged winners of cash prizes in the December draw of Stanbic IBTC Bank’s Reward4Saving Promo, a reward scheme for savings account holders of the bank, introduced to encourage a savings culture. Customers who save at least N10,000 in their savings account for at least thirty days, qualify …

National telecommunications operator, Globacom, has been described by Kwara State Governor, Mallam AbdulRahman AbdulRazaq, as proudly homegrown and one of Nigeria’s great ambassadors.   Speaking at a business meeting with the Enterprise Sales team of the company in Ilorin, the state capital, on Wednesday, the governor noted that Globacom was the market leader in the telecommunications sector in Nigeria and a pride to the nation.   …

The Nigerian Communications Commission (NCC) has confirmed that telecoms operators MTN and Globacom have reached an agreement to resolve interconnect debt issue between them. This was announced this morning in a statement by the Director of Public Affairs of the commission, Reuben Muoka. “In granting the approval, the Commission was …

“When we have a problem and my husband calls on his Chi, he does not answer him, but when I call on my God, the God of Zion, he answers us”, declared a newly married woman as thousands of people who attended last Sunday’s Fellowship programme at Zion Prayer Movement …

A Nigerian man based abroad has called out Nigerian Real Estate firm, Revolution Plus, for scamming him of over N40 million in landed properties. In a video on social media the supposed customer accused revolution plus of scam as he is heart broken over the way the real estate company …

Stanbic IBTC Holdings, a leading end-to-end financial services provider in Nigeria and a member of Standard Bank Group, recently achieved significant milestones in bolstering its corporate governance practices through strategic appointments to the boards of its subsidiaries. The move, marked by the receipt of requisite regulatory approvals, reflected the institution’s …

As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead.   Themed Read2lead, the three-stage competition would see secondary school students hone their reading and …

Illegal refinery The Nigerian National Petroleum Company Limited said it has in the past week uncovered no fewer than 83 illegal refineries in the Niger Delta. The NNPCL disclosed this on its X handle on Tuesday, adding that 15 illegal pipeline connections were also discovered within the same period. “In …