Business

The suspect being led away from the court The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday arraigned one Sennaike Opeoluwa before Justice O.A. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos. He was arraigned on a six-count charge bordering on obtaining …

The World Bank Nigeria’s borrowing from the World Bank has reached $14.34bn as of March 31, 2023, This was an increase from the $13.93bn debt recorded by the Debt Management Office as of December 31, 2022. This means that fresh disbursements on approved loans added $410m to Nigeria’s debt from …

The Federal Mortgage Bank of Nigeria said it has increased the maximum housing loan for participants to N50m. But the review is exclusively for higher income earners that subscribed to the scheme. The disclosure was made by the Chairman of the Board of Directors of FMBN, Ayodeji Gbeleyi during the …

The Economic and Financial Crimes Commission (EFCC) has closed its case in a £2.6 billion alleged fraud charge slammed on an oil firm, Petro Union Oil and Gas Limited, a consultant to the company and three of its directors. The Consultant is Abayomi Kukoyi (Trading under the name and style …

  Lagos, Nigeria – Wema Bank, Nigeria’s leading innovative bank, is excited to announce the top 3 contestants in its highly anticipated Sounds of ALAT competition. The competition, launched a few months ago, aimed to discover and support budding upcoming musicians across Nigeria, and give them a platform to showcase …

Wema Bank, Nigeria’s leading innovative bank, has launched the upgraded version of its corporate digital banking application, ALAT for Business 2.0. The launch took place on May 3rd, 2023, during the bank’s Digital Week activities themed “Changing The Digital Dynamics In Nigeria” in celebration of the bank’s anniversary. During the …

The Aliko Dangote Foundation (ADF) has commenced the disbursement of hundred thousand naira (N100,000) and Dignity Packs to each of the Nigerian returnees from Sudan. The money and the Dignity Packs were given out to the evacuees upon arrival at the airport in Abuja yesterday.    All the evacuees, irrespective of …

The International Committee of the All Africa Music Awards (AFRIMA), has implored governments of African countries to arrest the growing cases of violent deaths against music stars on the continent just as it urged the South African authorities to expedite the process of prosecution of the killers of rapper Kiernan …

Access Bank, the flagship subsidiary of Access Holdings Plc has received the approval of the Central Bank of Angola, Banco Nacional de Angola for the acquisition of a majority equity stake in Finibanco Angola S.A. This was disclosed in a corporate notice filed on the Nigerian Exchange Limited on Wednesday. …

Stanbic IBTC Holdings PLC, a leading provider of financial services in Nigeria, is pleased to announce the commencement of operations of its wholly-owned financial technology subsidiary. Having received all required regulatory approvals and licenses to commence operations, the subsidiary will operate under the name Stanbic IBTC Financial Services Limited. It will …