Category Archives: BUSINESS
EFCC Presents More Evidence Against Petro Union, Kukoyi, Others In £2.556bn Fraud Case
The ongoing trial of four suspected fraudsters, Abayomi Kukoyi, Prince Kingsley Okpala, Prince Chidi Okpalaeze and Prince Emmanuel Okpalaeze alongside a company, Petro Union Oil & Gas Company Limited, for an alleged €2.556bn Fraud, continued on Wednesday, March 16, 2022
Ecobank Loses Assets Worth Over N200 Million Over Debt
Asides not paying dividends to investors for about five years, Ecobank is also unable to pay its debts, ENigeria Newspaper reports. Ecobank Plc, the bank that ‘fraudulently’ acquired assets of defunct ailing Oceanic Bank, is again swimming in perilous waters,