AMCON debunks ‘purported response’ to allegations from Grant Properties promoter, Awosedo
Ahmed Kuru, AMCON CEO The Asset Management Corporation of Nigeria (AMCON), on Tuesday, debunked a ‘purported response’ in some sections of the online media, which is being presented to the public as the agency reaction to allegations of fraud, oppression raised by Olajide Awosedo, chairman of Grant Properties Limited, …
Read More »Stanbic IBTC retains AAA national Fitch ratings
Stanbic IBTC Bank PLC and its holding company, Stanbic IBTC Holdings PLC, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings, reaffirming their strong fundamentals and stability, especially the ability to meet their financial commitments as they fall due. In the report issued yesterday, Monday, November 27, 2017, the two institutions …
Read More »ntel to commence national roaming test with 9MOBILE
• Regulatory approval obtained from NCC • The initiative will provide fuller coverage to ntel’s subscribers • This will position ntel as a network offering 4G/LTE as well as 3G and 2G services Lagos: 30/11/17: ntel, Nigeria’s most advanced 4G/LTE broadband operator has announced a national roaming field trial with …
Read More »DIAMOND BANK PHOTO NEWS, FLOURISH AFRICA
Heritage Bank extends agent banking frontiers to Ogijo
Lagos, Nigeria, 27 November, 2017: Heritage Bank Plc has registered its presence in Ogijoin the Sagamu Local Government Area of Ogun State; with the commissioning of Dunmop Ventures as agent banking partner under the financial inclusion policy of the Central Bank of Nigeria (CBN) which is designed to bring banking …
Read More »Sterling Bank accused of selling customer’s collateral to director
Sterling Bank Plc MD/CEO, Mr. Yemi Adeola Sterling Bank Plc, the “one-customer bank”, has one customer giving it sleepless nights over a loan that not only went bad but has now snowballed into a major scandal in the banking industry, TheCable can report. Grant Properties Limited, a property development company, …
Read More »UBA Clinches PEARL, New Telegraph Awards for Impressive Performance
Dangote is pride of black race-Kano Gov
Second from right, Hon. Commissioner of Commerce and industry Kano State Alhaji Ahmed Rabi’u and second from left representative of Dangote Group Alhaji Bello Dan Musa during the Dangote Day at the ongoing 38th Kano international Trade Fair in Kano on Monday. November 28, 2017/Dangote Group President/CE, Dangote Geoup, …
Read More »NNPC in another corruption scandal
The Nigerian National Petroleum Corporation (NNPC) is in the middle of another corruption scandal following the revelations that the body is yet to remit about N1.78 trillion accruing from crude oil sales into the government’s coffers. We gathered that from January 2016 to September 2017, NNPC has about N460. 649bilion …
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