Business

Court overrules NBC, orders reopening of AIT, Raypower

A Federal High Court in Abuja, on Friday ordered the Nigerian Broadcasting Commission, NBC, to re-open African Independent Television (AIT) and Ray Power FM. The NBC had on Thursday shutdown the two stations owned by Raymond Dokpesi’s DAAR Communication indefinitely for violating its guidelines. Ruling on the matter on Friday, Justice …

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Stanbic IBTC Appoints New Board Members, Elevates Others

In an effort to consolidate on its impressive financial performances and market leadership across the financial services spectrum, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced a number of Board appointments in some of its subsidiaries.   The appointments, which are expected to bring fresh thinking …

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Keystone Bank partners NGOs on sickle cell awareness campaign

In demonstration of its commitment to promote and support healthy living amongst Nigerians, Keystone Bank Limited has partnered with “The TunMicro Sickle Cell Foundation”, a UK-based humanitarian organization and ‘Slum2School Africa’ to create awareness about Sickle Cell Disorder (SCD) in Lagos. According to the lender, the initiative is part of …

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Honeywell Not Indebted to Ecobank – Court Rules

The Honeywell Group today emerged victorious in its protracted legal dispute against Ecobank with the judgement delivered by the Federal High Court, Lagos in which the court held that Honeywell’s payment of N3.5 Billion between 2013 and 2014 constitutes the full and final settlement of its indebtedness to Ecobank Nigeria …

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Dangote distributes materials to Muslims in Ebonyi

Dangote Foundation (DF) has donated relief materials worth several millions of naira to Muslims in Ebonyi for Iftar. The News Agency of Nigeria (NAN) reports that the items were distributed to no fewer than 500 beneficiaries in Abakaliki. The relief items include: 250 cartons of pastas; 500 bags of 1kilogramme …

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