Globacom received yet another well-earned honor on Saturday when it was named the 2023 Champions Newspapers Telecommunication Company of the Year. Globacom accepted the prize during Champion Newspapers Limited’s yearly awards ceremony, which was held at the Eko Hotel & Suites in Lagos. The recognition strengthens Globacom’s standing as the …
Read More »Stanbic IBTC Insurance receives NAICOM’s approval for 2023 Financial Report following adoption of IFRS17 standardization
In a significant stride towards international financial reporting standards, Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has emerged as the first insurance company in Nigeria to have successfully obtained vetting and approval from the National Insurance Commission (NAICOM) for its 2023 full year financial report. As the first insurance …
Read More »Again! Court Orders Forfeiture Of Another $1.4m Linked To Ex-CBN Boss, Emefiele
A Federal High Court sitting in Lagos has ordered for the interim forfeiture of the sum of $1, 426, 175.14 million, linked to the embattled former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. Justice Ayokunle Faji made the order on Wednesday sequel to a suit marked FHC/L/CS/232/2024 …
Read More »EFCC Re-Arraigns Ex-SMEDAN Boss, Masari for Alleged N119m Money Laundering
The Economic and Financial Crimes Commission, EFCC, on Thursday, May 23, 2024, re-arraigned the former Director General of Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, Bature Umar Masari on an amended 22-count charge of alleged money laundering before Justice O.A Egwuatu of the Federal High Court sitting in …
Read More »Tinubu To Deliver Nationwide Address At Joint Sitting Of National Assembly On May 29
The senate and house of representatives will hold a joint sitting on Wednesday to mark 25 years of uninterrupted democracy in the country. Joint sessions of the senate and house of representatives are uncommon, with the exception of the president’s budget presentation. President Bola Tinubu will inaugurate the national …
Read More »Police Have Arrested 12 People Over Killing Of Student — Ajayi Crowther University VC
Ajayi Crowther University (ACU) in Oyo state has announced a three-day mourning period in response to the passing of one of its students. A 200-level Mechanical Engineering student named Akpo Alex was killed by beating last weekend by some of his peers for allegedly stealing a phone. The expulsion of …
Read More »EBENEZER ONYEAGWU CONCLUDES CELEBRATED TENURE WITH BANKING CEO OF THE YEAR IN AFRICA IN THE INTERNATIONAL BANKER AWARDS 2024 FOR THE SECOND CONSECUTIVE YEAR
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO of the Year in Africa’ at the International Banker 2024 Banking Awards, retaining this title for the second consecutive year. This award, published in the Spring 2024 issue of International Banker Magazine, …
Read More »Shareholders Throw Weight behind Fidelity Bank’s Recapitalisation Plan
-Investors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were unanimous that Fidelity Bank has shown strong resilience over the years and demonstrated …
Read More »Kogi Tribunal Upholds Governor Ododo’s Victory, Dismisses SDP, Murtala Ajaka’s Petition
Kogi held its off-cycle election on November 11, 2023, amid allegations of rigging and vote-buying. Murtala Ajaka, the Social Democratic Party (SDP) governorship candidate in the Kogi State, has lost at the state Election Petition Tribunal sitting in Abuja. The Kogi Governorship Election Petition Tribunal last week fixed May 27 …
Read More »Labour Party Excos Clash With Thugs At Secretariat Over Embattled Chairman, Julius Abure’s Suspension
The Labour Party in Edo State had suspended Abure from his Ward 3 in Arue-Uromi, in Esan North-East Local Government Area for anti-party activities. Some suspected thugs have reportedly attacked members and executives of the Edo State chapter of the Labour Party who came to protest the continued stay of …
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