Home Topics First City Monument Bank
First City Monument Bank
Thirteen commercial banks quoted on the Nigerian Stock Exchange (NSE) raked in N655.669 billion from fees and commission income last year, figures compiled from the full year 2017 audited results have shown.
The EFCC on Wednesday, filed an amended 39-count charge before a Federal High Court Lagos, against a former governor of Abia State, Orji Kalu in an alleged N3.2 billion fraud.
The Nigerian Stock Exchange has fined seven financial institutions for not filing their financial results before the regulatory due date.
The first defendant, Mr Placidus, allegedly diverted funds received from Idemilli Micro Finance bank meant to be placed as fixed deposit to his personal accounts while claiming they were severally rolled over and presented forged fixed deposit certificates to cover his tracks.
An Economic and Financial Crimes Commission (EFCC) witness, Yinka Fatoki, Tuesday told the Federal High Court in Lagos that N180million, which was part of proceeds of shares sold by the Oyo State Government under Chief Rashidi Ladoja, was allegedly not remitted to the state.
An accountant in Abia Government House, Akpan Udoh, who is scheduled to testify in the ongoing trial of former Abia Governor, Orji Uzor Kalu, is now on the run, the prosecution told a Federal High Court in Lagos on Monday.
Akinwunmi Ambode, governor of Lagos state, says his administration is ready to dialogue on the land use charge.
A Federal High Court, Lagos, has adjourned continuation of trial until March 6 in the N3.2bn fraud charge preferred against ex-governor of Abia State, Orji Uzor Kalu, by the Economic and Financial Crimes Commission.
Justice Mohammed Idris of the Federal High Court in Lagos has admitted in evidence two documents tendered against a former governor of Abia State, Orji Uzor Kalu by the Economic and Financial Crimes Commission (EFCC).
An economist, Mr. Opeyemi Agbaje, has raised the alarm over what he described as a looming fiscal challenge, saying the country’s current debt profile, particularly the foreign component, portends a looming fiscal challenge to the economy.
Justice Mohammed Idris of the Federal High Court in Lagos has fixed February 19 for further hearing in the trial of a former Governor of Abia State Dr. Orji Uzor Kalu, and two others over alleged N3.2 billion fraud.
While Ebenezer and Walter were arraigned together on a three- count charge bordering on conspiracy and stealing, Ebenezer was docked separately on five count charge of obtaining money under false pretense. They pleaded not guilty to all the charges preferred against them.
A Federal High Court, Ado Ekiti, on Tuesday declared that the Economic and Financial Crimes Commission could not probe states’ finances without a report of indictment from states’ Houses of Assembly.
The Economic and Financial Crimes Commission (EFCC) on Monday, called its sixth witness in ongoing trial of former Abia Governor, Orji Uzor Kalu, at a Federal High Court in Lagos.
Four men, who allegedly obtained the sum of $1.362 million and N46. 533 million under false pretence, from a former House of Representative member, Hon. Eseme Eyiboh were, on Monday, re-arraigned before the Federal High Court, Lagos.
Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted an order freezing the accounts of the Zamfara State Government in 20 banks in the suit No. FHC/ABJ/CS/728/17.
12Page 1 of 2
Former Vice-President Atiku Abubakar has donated the sum of N10 million to the victims of windstorm that wreaked havoc in Bauchi recently.
A former governorship aspirant in Kwara State, Mr. Dele Belgore (SAN), who is being tried for an alleged fraud of N450m, has urged the court to permit him to attend the graduation of his daughter in the United Kingdom.
President Muhammadu Buhari has approved the dissolution of the Governing Board of National Business and Technical Examination Board.
A former Managing Director of the Aeronautical Engineering and Technical Services Ltd told the Federal High Court, Abuja, on Monday that monies paid into his account by a contractor were refunds and not bribes or kickbacks.
The Nigeria Football Federation on Monday assured that the Super Eagles would give their best as they tackle Argentina in their last group D match in the FIFA World Cup in Saint Petersburg on Tuesday.
The United Nations Children Fund (UNICEF) has called on the Bauchi State Government to domesticate the Child Rights Act (CRA) in order to effectively tackle the persisting violence against violence faced by the Nigerian child.
The Niger Delta Development Commission (NDDC) says it has concluded plans to resume its posgraduate foreign scholarship to qualified indigent youth in the Niger Delta.
The former vice president, Alhaji Atiku Abubakar, has argued that the 2018 governorship election in Ekiti State would show how democratic the ruling All Progressives Congress (APC) is.
No fewer than 815 million people are hungry in the world, the Sustainable Development Goals (SDGs) Report 2018 has revealed.
Manchester United midfielder Paul Pogba has spoken ahead of France’s possible meeting with Nigeria in the round of 16 of the FIFA World Cup.