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Sterling Bank Plc
The World Bank’s Senior Agriculture Economist, Adetunji Oredipe, says Nigeria’s neglect of the agricultural sector has cost the country about $10 billion annually.
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.
Sterling Bank Plc in partnership with iCreate Africa, has held a skills competition for over 500 youths from the Abia, Anambra, Ebonyi, Enugu and Imo.
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.
The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office, on Tuesday, May 7, 2019, arraigned a former acting branch manager of Sterling Bank Plc, Oliver Anidiobi, before Justice C.O. Ajah of the state’s High Court, sitting in Enugu, for a N187 million fraud.OHHA Microfinance Bank
The Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arraigned one Saviour Inyang before Justice Okon A. Okon of the State High Court, sitting in Uyo, Akwa Ibom State, on a one count charge bordering on issuance of dud cheque.
The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953 trillion.
Fastest growing financial institution in Nigeria, Keystone Bank Limited, has announced the resignation of Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Abubakar Danlami Sule as Acting Managing Director/CEO.
Despite the release of corporate earnings by many companies, the Nigerian equities market closed last week downtick following profit taking in bellwether stocks.
The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies.
The defendants, who were charged alongside a company, Danium Energy Services Limited, were alleged to have fraudulently deceived Sterling Bank Plc into lending them money through a fraudulent scheme with the pretence to finance local purchase of Automotive Gas Oil (AGO), otherwise known as diesel, for supply to Total Nigeria Limited.
Sterling Bank Plc has said it will always adopt amicable resolution or when necessary, drastic legal actions to achieve debt recovery outcomes. Such strategies include restructuring for accelerated payoffs and possible foreclosure or disposal of pledged assets of defaulting debtors.
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Pakistan has refused to let Indian Prime Minister Narendra Modi to fly through its airspace, officials said on Thursday.
The court also convicted the suspects arraigned on allegations of fraudulent involvement in the 2010 contract between the Nigerian government and the firm worth $9.6b.
Oil prices edged higher in Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia’s pledge to restore full production by end-September at facilities knocked out in drone and missile attacks last weekend.
A trio of canoodling couples was publicly flogged in Indonesia’s Aceh province on Thursday, charged with breaking local Islamic law that outlaws public displays of affection.
The three-time African champions dropped one place from their previous 33rd position, gathering 1482 points, following their 2-2 draw against Ukraine in the international break.
The Nigeria Football Federation (NFF) has cleared the air as regards the return of the disgraced former national team coach Salisu Yusuf, who was banned for accepting bribe, with regards to his position in the NFF’s employment.
The fully functioning toilet was installed as part of an exhibition by Italian artist Maurizio Cattelan titled “Victory is Not an Option,” which only opened to the public on Thursday. The palace will be closed for the rest of the day, a spokesperson said on Twitter.
Operatives of the Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested six fraudsters who specialize in defrauding innocent Nigerians by using bank details obtained through sim swaps and Automated Teller Machines (ATM).
The Minister of Justice and Attorney-General of the Federation, Abubakar Malami (SAN), has revealed that the Federal Government has begun moves to deal with local and international collaborators involved in the controversial P&ID contract, over which a whopping $9.6 billion award has been given against Nigeria by a British court.
Google is launching new voices for Google Assistant in nine countries today, adding a secondary voice option outside the US for the first time. When users set up a new Android phone, the default voice will also be chosen at random, so there’ll be a mix of people getting the old and new voices, though you can still change later if you want to.