First Bank of Nigeria has released a statement on the foiled robbery by armed men in one of its Abuja branches. The bank, in a statement by the Group Head, Marketing and Corporate Communications, Folake Ani-Mumuney, appreciated the fact that none of the staff lost their lives during the incident.Read More →
For the past few months, Managing Director (MD) of Unity Bank, Tomi Somefun has been hugging negative spokes of the limelight. She has been in and out of troubles to last a lifetime. Recent reports have it that the National Industrial Court of Nigeria (NICN) has been asked to commenceRead More →
Experience, they say, is the best teacher. But for Aminu Babangida, the handsome and ambitious chairman of Unity Bank, it is also the best excuse. Still full of the joie de vivre of youth, he is under huge pressure to vacate singlehood and join the league of happily married folks.Read More →
One of the country’s biggest lenders Zenith Bank Plc has filed two separate applications to join a bankruptcy suit as an interested party in a last-ditch effort to recover $100 million in loans disbursed to Erin Petroleum Nigeria Limited. The financial institution, which numbers among Nigeria’s biggest by capitalization, filedRead More →
The Nigerian Stock Exchange (NSE) at the weekend suspended trading in the shares of AG Leventis Nigeria Plc as one of the oldest companies at the stock market seeks to buy out minority shareholders and revert to private limited liability status. Authorities at the Exchange stated that the full suspensionRead More →
In the last couple of years, the online trading industry in Nigeria has experienced exponential growth. In turn, this has resulted in one of the leading and healthiest investment and trading markets in all of Africa. There are several reasons for this, including better internet connections, stricter regulation, and aRead More →
The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks. Specifically, the All-Share Index extended positive growth with 192.86 points or 0.73 per cent to close at 26,609.34 against 26,416.48 on Friday. Also, theRead More →
The Adamawa Police Command on Saturday confirmed the arrest of two suspects for allegedly duping a bank manager of 200,000 US Dollars (about N70m). Confirming the arrest to the News Agency of Nigeria (NAN) in Yola, the spokesman of the command, DSP Suleiman Yahaya, said the suspects, Oluba Falaye andRead More →
The Federal Capital Territory (FCT) police on Saturday, December 28, 2019 killed one person and arrested four suspects in a foiled bank robbery in Mpape, Abuja. The Deputy Police Public Relations Officer of the command, ASP Mariam Yusuf, said the suspects were arrested while trying to escape. Pulse Nigeria earlierRead More →
Stocks may have room to rally in 2020. Citi’s US equity strategist told Bloomberg TV that the bank’s model is “generating a near 90% probability of higher markets in the next year.” “The overall market, in this interest-rate environment, is really attractive,” a UBS strategist said in the same interview.Read More →
