There was a mild drama on Tuesday when a federal high court sitting in Abuja convicted and sentenced Abdulrasheed Maina, the former chairman of the defunct Pension Reform Task Team, PRTT, to eight years in prison for money laundering. The court, in the judgement delivered by Justice Okon Abang, found …
Read More »Stanbic IBTC Bank Nigeria PMI®: Private sector activity continues to expand but intense cost pressures weigh on growth.
Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate …
Read More »CIBN HONOURS NOVA MERCHANT BANK MD/CEO, NATH UDE, FOR HIS DISTINGUISHED CONTRIBUTION TO THE BANKING INDUSTRY
The Managing Director/ Chief Executive Officer of NOVA Merchant Bank Limited, Mr. Nath Ude, has been conferred as an Elected Fellow of the Chartered Institute of Bankers of Nigeria (CIBN) at the 2021 CIBN Fellowship Investiture. The event which held on the 30th of October 2021 at the Balmoral Convention …
Read More »Ikoyi Building Collapse: Archbishop Martins Commiserates with Sanwo-Olu, Affected Families
The Catholic Archbishop of Lagos, Most Rev Dr. Alfred Adewale Martins has commiserated with the families of those who lost their lives and the Governor of Lagos State, Mr. Babajide Sanwo-Olu in the wake of the recent collapse of the 21-storey building on Gerrard Road, Ikoyi, Lagos. In a release …
Read More »AUDACIOUS BRANDING: The Charles O’Tudor Brand Masterclass season 05 (#COBMC05); Redefining the normal.
Five years ago I had the vision to create a platform where exceptional entrepreneurs would be groomed and given the right tools to excel. This was the birth of the Charles O’Tudor Brand Master Class (COBMC). COBMC was first launched on June 20th 2017 at the Lagos Chamber of Commerce …
Read More »FIRSTBANK LAGOS AMATEUR OPEN GOLF CHAMPIONSHIP, THE LONGEST-RUNNING GOLF CHAMPIONSHIP IN NIGERIA BEGINS
Wednesday, 3 November 2021. Lagos First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the commemoration of the 2021 and 60th edition of its annually sponsored Lagos Amateur Golf Championship. The tourney is scheduled to Tee-Off at the golf section of Ikoyi Club 1938 …
Read More »How Fidelity Bank Aided Convicted Maina To Steal pensioners’ N2 billion
Abdulrasheed Maina’s reign of impunity while feasting on pensioners’ money was facilitated, expedited, accelerated and in collaboration with Nigeria’s known player in financial industry. Again, Fidelity Bank Plc that was incriminated in Diezani Alison-Madueke’s money laundering case, aided and acted as conduit through which Maina made an extraordinary, mind boggling, …
Read More »Alleged N1.35bn Fraud: EFCC Presents Sixteenth Witness, Tenders More Evidence Against Sule Lamido, Others
The trial of a former Governor of Jigawa State, Sule Lamido, his two sons, Aminu and Mustapha, Aminu Wada Abubakar, Bamaina Holdings Ltd and Speeds International Ltd for an alleged N1.35 billion fraud continued today November 5, 2021 before Justice Ijeoma Ojukwu of the Federal High Court, Abuja with the …
Read More »Huawei upskills young Nigerian engineers, awards Huawei GDE certification to showcase technical expertise
Huawei Technologies Company (Nigeria) Limited, one of the leading providers of information and communications technology (ICT) infrastructure, has since 2019 till date awarded over 60 Nigerian Engineers with the Huawei General Digital Engine (GDE) Certification. The GDE certification is a development skill certification that will help attest to the technical …
Read More »Transcorp Delivers Robust Q3 Results
Records accelerated PBT growth of 671% Hospitality subsidiary, Transcorp Hotels, returns to profitability amidst the Covid-19 pandemic Lagos, Nigeria, November 1, 2021 Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained …
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