The Economic and Financial Crimes Commission is prosecuting Fawehinmi before Justice Chuka Obiozor of the Federal High Court, Ikoyi, Lagos, on a five-count charge of forgery and failure to carry out due diligence.The trial of Omotola Fawehinmi, an employee of Zenith Bank Plc standing trial for an alleged N700m fraud,Read More →
New Year of Agony …..First Bank Sacks Over 900 Workers Without prior Notice On Friday 31st January 2020, workers who went about their daily duties suddenly around 2pm in the afternoon discovered they no longer could login to their respective system to discharge their duties. This information was reportedly revealedRead More →
It was on November 2019 when the staff members of United Bank for Africa, with friends and family, gathered at the Lekki Special Event Centre to merry and celebrate to the successful end of a year. The hall swarm with people, all in happy and cheerful moods. Drinks and foodRead More →
The Managing Director of Access Bank Plc, Herbert Wigwe, was reportedly arrested on Friday by operatives of the Economic and Financial Crimes Commission, EFCC. According to reports, Wigwe was picked up at the Bank’s head office in Victoria Island, Lagos State. Sources said he spent the night at the LagosRead More →
Corporate Beggars …Jim Ovia’s.Zenith Bank Security Staffs Turn Beggars A painful endeavor most likely but then imagine walking into a bank appearing to be an elite or simply appear to fit into an image of comfort. Car keys in hand, a nice dress to boot. Dapper looks gives you awayRead More →
GTBank Family Crisis…Who Will Settle Segun Agbaje and Fola Adeola Animosity? The presence of the two financial titans spurred the pottery kiln of GTB’s rise, a point towards its blooming boom in its formative years. At the onset, Fola had the initial strong stake with Aderinokun, co-founders with the MastermindRead More →
Nigeria spent a staggering sum of N1.08 trillion to import used cars (popularly called Tokunbo) and motorcycles (Okada) in one year (October 2018 – September 2019), Data from the National Bureau of Statistics (NBS) has shown. Reports from various NBS data indicate that cars and motorcycle importation into Nigeria roseRead More →
United Bank for Africa Plc (UBA) today, announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria. He succeeds Victor Osadolor, who retires from the Group Board, after 9 years of service working at UBA. UBA Africa serves over 19Read More →
Unity Bank Plc has announced the appointment of Adejumobi Alaba Williams as its new Company Secretary. Williams is set to replace Mohammed Shehu, Unity Bank’s former secretary. The appointment was disclosed in a statement signed by the bank’s Managing Director and Chief Executive Officer, Tomi Somefun and issued to the NigerianRead 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 →
