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Skye Bank

SEC urges shareholders of defunct Afribank Plc to claim dividends

The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC urges defunct Afribank shareholders to claim dividends

The Securities and Exchange Commission (SEC) on Monday asked shareholders of the defunct Afribank Plc to claim their dividends.
Nigerian Stock Exchange NSE

NSE delists Skye Bank, Fortis MfB

The Nigerian Stock Exchange has delisted the shares of defunct Skye Bank Plc and Fortis Microfinance Bank Plc from the daily official list of the Exchange.

MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members

Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC reaffirms readiness to sensitise investors on e-dividend

The Securities and Exchange Commission, SEC, said that it will continue to collaborate with relevant stakeholders to sensitise investors on the need to regularise their multiple accounts as well as claim their dividends.
Mary Uduk

SEC urges defunct Skye bank investors to claim dividends

The Securities and Exchange Commission, SEC, has again reiterated its earlier directives to shareholders of defunct Skye bank to claim their dividend payment.
Tunde Ayeni

Former Skye Bank chief Tunde Ayeni’s trial resumes October

The trial of the former Chairman of Skye Bank Plc, Tunde Ayeni, over alleged N4.5billion fraud charge slammed against him by the Economic and Financial Crimes Commission, will resume 10 October.
Tunde Ayeni

Court adjourns ex-Skye Bank chief’s alleged N25 billion fraud trial to July 2

Justice Ijeoma Ojukwu of a Federal High Court, Abuja, has adjourned the trial of a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, to July 2, 2019.
Tunde Ayeni

EFCC re-arraigns Skye Bank chairman, managing director over alleged N8 billion fraud

The Economic and Financial Crimes Commission, EFCC, has re-arraigned a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, MD of the Bank, Timothy Ajani Oguntayo, before Justice Ijeoma Ojukwu, of a Federal High Court, Abuja, on an eight-count charge bordering on money laundering to the tune of N8 billion.
Lagos State High Court.

Malaysian remanded in prison for alleged €250 million fraud

A Special Offences Court in Lagos has remanded a Malaysian immigrant, Tan Richard, at the Ikoyi Prisons for an alleged €250 million fraud.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

No debit order: Court fixes October 16 for Patience Jonathan’s suit

A Federal High Court in Lagos has fixed October 16 for hearing in a suit filed by former First Lady, Patience Jonathan, challenging a “No Debit Order” placed on her accounts.

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Vice President Yemi Osinbajo

Business giants in trouble over N5 trillion AMCON debts

Institutions and individuals on Asset Management Corporation of Nigeria’s (AMCON’s) debtors’ list are to be blacklisted. They will no longer be allowed to do business with the government henceforth, it was learnt at the weekend.
FirstNation Airways CEO, Kayode Odukoya

Witness: First Nation chief provided forged document for N1.7 billion loan

The witness said that the loans were granted to Odukoya because his application inferred some urgency for the funds to run the operations of First Nation Airway and Bellview Airlines.
Fola Ojo

Kidnapping: The thing speaks for itself

Franklin Delano Roosevelt was the US President in tough times. The Great Depression and World War II were harrowing events that could have mowed Americans down to the rubble. But, the 32nd President successfully pulled the country to safety and succour. There is none in American history granted more frequent access to sit in the Oval Office as President Roosevelt.
FirstNation Airways CEO, Kayode Odukoya

EFCC stalls trial of First Nation boss accused of N1.7 billion theft

The Economic and Financial Crimes Commission (EFCC) on Wednesday, stalled the trial at Ikeja Special Offences Court of Mr Kayode Odukoya, Managing Director (MD) of First Nation Airline, accused of stealing N1.7 billion,

New judge to hear Patience Jonathan’s suit against EFCC

A new judge, Justice Chukwujekwu Aneke of the Federal High Court in Lagos, has taken over a suit filed by former first lady Dame Patience Jonathan challenging a “no-debit-order” placed on her account by the Economic and Financial Crimes Commission (EFCC).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

No debit order: Court fixes date for further hearing of suit filed by Patience...

A Federal High Court Lagos on Wednesday, fixed May 22, for further mention of a suit filed by former First Lad, Dame Patience Jonathan, challenging a “No Debit Order” placed on her accounts.

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Man jilted by girlfriend commits suicide

The Surulere Police Station on Wednesday received an information that one Kehinde Muse, 25, of No 56, Modele Street drank a substance suspected to be sniper.
Folasade Yemi-Esan

Folashade Yemi-Esan assumes duty as acting head of service

Following the suspension of Mrs Winfred Oyo-Ita, by President Muhammadu Buhari, Dr Folashade Yemi-Esan, on Thursday assumed duty as Acting Head of Civil Service of the Federation.
Nigeria Police

Man arrested for ‘raping 6-year-old girl’

The police in Ogun State have arrested a 43-year-old man, Oluwole Bamidele, for allegedly raping a six-year-old daughter of his neighbour.

Reps minority leader tears PDP BoT apart

Members of the Board of Trustees, BOT, of the Peoples Democratic Party, PDP, on Thursday publicly disagreed over the report of the committee set up to look into the circumstances that led to the emergence of Hon. Ndudi Elumelu, as the Minority Leader of the House of Representatives against the directive of the party.
Ahmad Abubakar Mahmud Gumi

Sheikh Gumi: Ex-President Jonathan, Buhari lack education on how to lead Nigeria

Sheikh Ahmad Gumi, Islamic cleric, says former President Goodluck Jonathan and President Muhammadu Buhari both lack education on how to lead Nigeria.