Business

The Federal High Court sitting in Lagos has ordered that Providus Bank Limited should transfer back the remaining balance of N329,454,650.28 alleged to have been fraudulently transferred from the account of one of the bank’s customer Aqua 10 Nigeria Limited. Justice Peter Lifu also awarded the cost of N100,000 against …

Our attention has been drawn to the news reports online with the conflicting claims that FirstBank branch or/head office has been sealed. Please be informed that the referenced story is a misrepresentation of the facts and misleading. Neither our branch nor head office was sealed. On the 4th of August, …

The Police Special Fraud Unit, PSFU, Ikoyi, Lagos State, Nigeria, has arraigned a medical drugs supplier, Makinde Olufemi Abiodun, before a Federal High Court sitting in Ikoyi, over alleged N35 million Local Purchase Order (LPO) fraud. Besides, Makinde was also charged by the Police for the issuance of dud cheques. …

Hassan Usman, the managing director of Jaiz Bank Plc and other top officials of the Islamic bank may soon be invited for questioning by the Economic and Financial Crimes Commission, EFCC, over their alleged roles in the N109 billion allegedly stolen by Ahmed Idris, the disgraced former Accountant General of the …

    The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country   The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit …

In line with promoting Nigeria’s retail sector through technology, founders of tech startups, stakeholders and enthusiasts converged for several panel discussions, exhibitions, learning and networking at the Lagos Startup Week (LSW). The six-day event which was held from July 25 to 30 in Victoria-Island, is the sixth edition and witnessed …

Nigerien President Honours Dangote with National Award over Health Interventions …As Dangote, Bill Gates Foundations sign MOU on immunization of Nigeriens President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the Commander of the Order of Merit of Niger award by the President of the Republic of Niger, …

O Setigo – MAGGI’s cooking competition – returns with 12 contestants competing for 2-Million-Naira grand prize this season. Other prizes include 1- Million-Naira for the first runner-up, 500,000 Naira for the second runner-up and other cash and consolation prizes. The exciting journey will kick off as the show premiers on …

Glo’s 19 Years of Innovation and disruption On August 29th 2022, Globacom, the proudly Nigerian telecommunications which took the industry by storm in 2003, will turn 19. As the countdown begins, we go down memory lane to relive some of the moments and milestones that have defined Globacom’s disruptive entrance, …

LAGOS, NIGERIA – August 3, 2022 The attention of Management of WEMA BANK PLC has been drawn to the trending news in the media to the effect that a Magistrate’s Court in the Federal Capital Territory (FCT), Abuja, had issued a warrant for the arrest of our Managing Director, MR. …