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,

Africa’s Biggest Food And Drink Festival, GTCO Food And Drink Festival 2022 Is Back!

Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival. For the 5th Edition, this headlining event will hold from Sunday, May 1 to Tuesday, May 3, 2022 at the

Zenith Bank: Justice Olubunmi Abike-Fadipe Vows To Deal With Peddlers Of Fake Story Credited To Her

……Releases Certified True Copy Of Her Judgment Interestingly, Justice Olubunmi Abike-Fadipe of the Ikeja Special Offences Court has expressed shock, anger and annoyance over a blatant false narratives against Zenith Bank credited to her by some fake, over-ambitious and junk

Exposed! How 4 Fidelity Bank Officials Stole Customers’ N874m In Three Days

Economic and Financial Crimes Commission (EFCC) on Wednesday, presented its second prosecution witness, PW2, Peter Ige, an Information System Auditor with Fidelity Bank. The witness disclosed how four officials of Fidelity Bank defrauded the bank and its customers of N874

Bank The Eazy Way With The Zenith Bank QR Service: Another Unique Way Of Online Banking

Arguably the largest financial service provider in Nigeria and Anglophone West Africa, Zenith Bank has introduced a new and unique way of ‘Banking the EaZy Way with the Zenith Bank QR Service.’ The new innovation by the tier one bank,

2023: CBN Governor, Godwin Emefiele, Not Interested in Presidential Race

No doubt, President Muhammadu Buhari bears, like a badge, an indecipherable flame of affection for the Central Bank of Nigeria, CBN Governor, Godwin Emefiele. Honestly, his love for Emefiele resonates, even as you read, as a melody of faith whose mutuality and

GTCO Acquires Asset Management and Pension Fund Businesses

…GTCO Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One Financial Services Limited; Investment One Funds Management Limited and Investment One Pension Managers Limited. GTCO, a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the

Crisis Rocks Abubakar Suleiman Led Sterling Bank As Investors Lost Billions

Abubakar Suleiman led Sterling bank is facing financial crisis as investors lost billions in 2021 SocietyGists reports.   SocietyGists reports that Sterling Bank according to a survey conducted in 2021 was the big loser in the review year in terms of percentage. According

Multi-million Naira Fraud Rocks Leadway Assurance Company….. (Document Attached)

An Abuja-based man, Jolayemi Woleola has accused an insurance firm, Leadway Assurance Company led of fraud. The company is led Tunde Hassan-Odukale. He described the attitude and disposition of the company to his insurance claim as appalling, disappointing, annoying and