Unity Bank
FirstBank appoints Ado Yakubu Wanka non-executive director
Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome Alhaji Ado Yakubu Wanka, to the FirstBank Board. We are especially excited that he is bringing a combination of complementary skills and rich experience to the table which will no doubt enhance the quality of governance towards meeting our strategic goals.
How Lagos policemen abducted me, extorted N185,000 – fashion designer
A fashion designer, Joseph Ejiro, has narrated how he was allegedly abducted by some policemen from the Festac Town Police Post and made to pay a ransom before he was released.
NSE: Guinness, PZ lowest performing stocks in October
Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms.
EFCC arraigns banker for ‘multi-million naira fraud’
Nigeria’s anti-corruption agency, EFCC, on Thursday arraigned a banker, Adam Adam, before a State High Court in Yobe State over alleged theft of N11.7million.
Fire engulfs Unity Bank’s head office in Lagos
The head office of Unity Bank on Victoria Island, Lagos State has been gutted by fire.
Nigerian equities market down 0.74 per cent
The Nigerian equities market resumed trading week on Monday with a loss of 0.74 per cent, following losses achieved by medium and large equities.
I will recover looted funds – Oyo governor
Oyo State Governor Seyi Makinde has wooed banks’ executives to assist the government in ensuring that looted funds are recovered.
Experts: Central bank deposit forfeiture order is legal
Contrary to insinuations in some quarters, the Central Bank of Nigeria (CBN) new policy regime mandating banks to go after customers who default on the repayment of their loans by seizing their deposits in other accounts is backed by law.
Central bank alerts on fraudulent loan schemes
The Central Bank of Nigeria (CBN) on Monday warned loan seekers and owners of small-scale businesses to beware of fraudulent loan offers purportedly by the Federal Government.
Nigerian stocks slump further
The Nigerian stock market took another round of pummelling following the weak state of the economy and as a result of the N157 billion shaved off from the market capitalisation of the Nigerian Stock Exchange (NSE) Week-on-Week (W-o-W).
NCAA begins 8,805 telecom masts demolition
The Nigerian Civil Aviation Authority (NCAA) on Tuesday said it will demolish 8,805 masts belonging to Globacom Nigeria Limited, banks and other financial institutions.
Unity Bank refutes SPIPRPP’s N7 billion allegation
Unity Bank Plc on Tuesday faulted the allegation against it by the Special Presidential Investigation Panel for Recovery of Public Property (SPIPRPP) over the ongoing reconciliation of affected Ministries, Departments and Agencies’ (MDA) accounts.
Reps: Over $900 million found in secret non-TSA accounts
The House of Representatives said it discovered that over $900m was still “being held” by Federal Government’s ministries, departments and agencies (MDAs) outside Treasury Single Account (TSA).
Equities market sheds 1.22 percent on sustained profit taking
The Nigerian equities market yesterday shed 1.22 per cent, causing market capitalisation to dip below the N11 trillion mark on sustained profit taking.
Court attaches Imo’s accounts in central bank, 16 other banks over N1.5 billion debt
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.
Banks partner Mojec on prepaid meters
Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with some banks to provide retail financing for the rollout of prepaid meters to its customers within the coverage area of its partner distribution companies (DISCOs) across the country.
Court to hear contempt proceedings against central bank chief Godwin Emefiele on June 13
An FCT High Court in Kubwa has fixed June 13, to hear contempt proceedings against the CBN Governor, Godwin Emefiele, to enable the applicant, Godwin Emmanuel, respond to a motion on notice served on him.
Contempt: Court orders substituted service on CBN governor
An FCT High Court, on Wednesday, granted an application seeking substituted service on CBN Governor, Godwin Emefiele, who is charged with alleged contempt in a case filed against him by one Godwin Emmanuel.
Recent Stories
Shareholders seek more mergers, acquisitions in cement industry
Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).
North Korea conducts ‘crucial test’ at Sohae launch site
North Korea has conducted another “crucial test” at its Sohae satellite launch site, state media reported Saturday, as nuclear negotiations between Pyongyang and Washington remain stalled with a deadline approaching.
Tony Momoh: Anyone who calls President Buhari derogatory names will be dealt with
Prince Tony Momoh, a former Minister of Information on Saturday said Punch newspaper did nothing wrong by referring to President Muhammadu Buhari as a Major General.
Edo government begins revalidation exercise for pensioners in 18 local councils
The Edo State Government has announced the commencement of the revalidation exercise for pensioners in the 18 Local Governments Areas (LGAs) of the state.
Ondo governor presents staff of office to Olowo of Owo
Royal fathers from far and near who graced the occasion include Oba Adeyeye Enitan Babatunde Ogunwusi, Ooni of Ife, Oba Aladetoyinbo Aladelusi, Deji of Akure, Oba Victor Kiladejo, Osemawe of Ondo Kingdom and other prominent traditional rulers in the state.
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30,000 monks attend mass alms-giving in Myanmar
Thirty-thousand monks assembled in the early morning chill in Myanmar on Sunday for a spectacular alms-giving event, partly organised by a controversial mega-temple under scrutiny across the border in Thailand.
Sadiq Umar scores 11th league goal of the season in Partizan win
Sadiq Umar scored his 11th goal in the Serbian Super Liga as Partizan defeated Rad Beograd 2-1.
Enugu government energizes fire service to protect markets
As this year’s harmattan season appears, the Enugu State government has re-energized the state fire service to safeguard over 27 markets in the state.
NGO: Armed group says it killed 4 hostages kidnapped in Nigeria
An armed group that kidnapped humanitarian workers in northeastern Nigeria five months ago has claimed it killed four hostages, international aid agency Action Against Hunger said on Friday.
Lionel Messi: La Liga has become more complicated
Lionel Messi believes the gap between Barcelona, Real Madrid and the rest of La Liga has closed considerably over the past decade making the league a lot more complicated.