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Ecobank Nigeria Plc

Ecobank manager sent to prison over N411 million fraud

Justice Ayotunde Faji of the Federal High Court in Lagos has remanded in prison a Manager with the Ecobank Plc, Ifeanyi Chukwu Azike, for allegedly defrauding some of the bank’s customers of N411 million.
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UN tasks private sector on humanitarian crises in North-East

The United Nations has partnered with leading Nigerian companies in the banking, energy, legal and consumer services sectors to assist the federal government to tackle the humanitarian crisis in the north-east.

Nigeria eyes $1.3 billion from asset sales this year

Nigeria expects to raise about N400 billion ($1.3 bn) via asset sales this year, part of which would help finance its record 2018 budget.

President Buhari appoints new CBN deputy governor

President Muhammadu Buhari has approved the nomination of Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation.

Oba Otudeko appear in court to testify in N5.5 billion case

Group Managing Director of Honeywell Group Plc, Dr Oba Otudeko, on Thursday , appeared before a Federal High Court sitting in Lagos, South West Nigeria, to give evidence, in relation to a N5.5billion debt allegedly owed Ecobank Nigeria Plc.

Anosike brothers remanded in prison custody over Daily Times

The battle over the ownership of Daily Times Nigeria (DTN) has landed two brothers in prison custody following an order of an Abuja Chief Magistrate Court.

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The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Ajaokuta Steel: Federal government to sign MoU with Russian firm in January – minister

The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rolling Mill, in Kogi State in January 2020.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC seizes over N643.9 million, $706.8 million in Kano

The Economic and Financial Crimes Commission (EFCC) on Monday says that the Kano Zonal office has seized over N643,942 million in 2019.
Queen Park Rangers manager Neil Warburton has heaped plaudits on Ebere Eze after the midfielder bagged a brace in Saturday’s 2-0 home win against Preston North End.

Ebere Eze named in English Championship team of the week

Queens Park Rangers midfielder Ebere Eze has been named in Sky Bet Championship team of the week following his impressive performance in Saturday’s 2-0 home win against Preston North End.
Gov. AbdulRahman AbdulRazaq of Kwara, has congratulated President Muhammadu Buhari, on his victory at the Presidential Election Petition Tribunal.

Governor AbdulRazaq: We inherited N100 billion debts not N30 billion

Kwara State Governor AbdulRahman AbdulRazaq on Monday said that his administration inherited a sum of N100 billion debts from the former government of AbdulFatah Ahmed.
The Centre for Anti-Corruption and Open Leadership, CACOL, has commended the Muhammadu Buhari’s government’s support for the quick establishment of specialized courts to try corruption and its allied cases for speedy determination of such cases within a stipulated time in order to bring culprits to book and discourage penchant for embezzlement and other forms of grand corruption.

Federal government directs accountant-general, others to publish daily financial statements

The Federal Government on Monday directed the Accountant General of the Federation to publish daily treasury summary statements of financial inflows and outflows.