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A High Court of the Federal Capital Territory (FCT), Abuja has ordered the attachment of funds in accounts owned by the Imo State Government in the Central Bank of Nigeria (CBN) and 16 other banks in the country.
Standard and Poor’s Global rating agency has affirmed its ‘B/B’ long-term issuer credit ratings and ‘ngA/ngA-1’ Nigeria national scale ratings on Access Bank and discontinued its ‘CCC+/C’ issuer credit ratings and ‘ngBB/ngB’ Nigeria national scale ratings on Diamond Bank.
Shareholders of Diamond Bank Plc will soon receive consideration of cash and shares following the its proposed merger with Access Bank Plc. The bank entered into merger agreement with Access Bank Plc late last year.
The bearish run on the Nigerian Stock Exchange (NSE) continued on Tuesday as all share index (ASI) plunged by 1.02% to close at 31,313.36 points.
Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth.
Diamond Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc.
Justice Oluwatoyin Taiwo of an Ikeja Special Offences Court has remanded a former staff of Diamond Bank, Oladimeji Balogun, in prison custody over alleged stealing N81.7 million.
Trading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February.
The Federal High Court in Lagos on Thursday refused to order the forfeiture of $8.4 million and N7.4 billion linked to former First Lady Dame Patience Jonathan.
The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll.
The Centre for Anti-Corruption and Open Leadership (CACOL) has thrown its weight behind the Economic and Financial Crimes Commission (EFCC) for ‘freezing’ a Unity Bank account allegedly containing N1.9 billion belonging to Hajiya Bola Shagaya, a society lady and businesswoman.
Nigeria’s central bank has given the country’s lenders some much-needed relief by extending the time they will have to implement stricter accounting rules for bad loans.
Activities on the Nigerian Stock Exchange opened for the week northward on Monday appreciating by 0.35 per cent with 16 price gainers and 20 losers.
Ole Gunnar Solskjaer has five games left in the Premier League season to prove conclusively that the club’s hierarchy did not act too hastily in making him Jose Mourinho’s permanent successor last month.
Jose Mourinho has said that he would not be shocked if Tottenham or Ajax win the Champions League despite both the Premier League and Eredivisie sides being considered underdogs, with Barcelona and Liverpool also in the competition.
French forward Andre-Pierre Gignac has claimed Karim Benzema is the ‘best No.9 in the world’.
Islamic State group jihadists have killed 35 pro-Damascus fighters in Syria, in what a monitoring group described Saturday as their deadliest operation since the fall of the “caliphate”.
India’s Chief Justice Ranjan Gogoi has been accused of sexual harassment by a former Supreme Court employee.
President Muhammadu Buhari Tuesday night commended one of the world’s richest men, Bill Gates, for his consistent and generous support to public causes around the globe, and specifically for supporting the eradication of polio and HIV diseases in Africa and Nigeria in particular.
No fewer than 310 persons have allegedly been killed by suspected Fulani herdsmen with 13 persons injured in 39 separate attacks between February 2011 and April 2, 2019, in Gwer West Local Government Area of Benue State.
A Federal High Court sitting in Abuja has dismissed the suit challenging the nomination of Senator-elect Ken Nnamani as the candidate of the Peoples Democratic Party (PDP) for the Enugu East senatorial seat.
The Chief Executive Officer and co-founder of the biggest job site in Sub-Saharan Africa, Jobberman, Ayodeji Adewunmi, has resigned to build a professional career in investment.
The Standard Organisation of Nigeria (SON) is intensifying its surveillance across markets in Adamawa, the News Agency of Nigeria (NAN) reports.