Kessington Adebutu suffers $6m loss from stake in Wema Bank
The equity stake of Nigerian gambling magnate Kessington Adebutu in Wema Bank has witnessed a significant decline, losing over $6 million in just 25 d [...]
Entrepreneur, Akintoye Akindele in police net for alleged fraud
Serial entrepreneur and Chairman of Platform Capital, Dr. Akintoye Akindele has been arrested by men of the Nigeria Police Force for alleged fraud in [...]
NDLEA arrests artistes’ manager, Oseni Ayodeji Babatunde, businessman, Nnadi Kingsley Ikenna who sell drugs at Quilox, DNA, Silverfox night clubs
Operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested a Lekki-based artistes’ manager and his Ikoyi business accomplice who spe [...]
Deregulation: IPMAN, Stakeholders, Laud Polaris Bank, Emadeb Energy for landmark 20,000 metric tonnes PMS import
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria's leading digital commercial Bank and Emadeb En [...]
Bianca Ojukwu wins legal battle over late husband’s properties
Bianca Ojukwu, widow of late Chukwuemeka Ojukwu, has won a legal battle over the administration of her late husband's estate.
A Lagos High Court, s [...]
Tinubu nominates politician bared from holding political office, as minister + full list of ministerial nominees
Senator Sani Danladi, a ministerial candidate nominated by President Bola Tinubu from Taraba State, is not qualified to be minister.
He is disquali [...]
Union Bank drags Swift Networks to Court, gets restraining order from operating 24 bank accounts over N7bn debt
The Federal High Court sitting in Lagos has granted Union Bank Plc. an interim order of Mareva Injunction restraining Swift Networks Limited and its a [...]
Vice Chancellors hail Dangote’s impact on Nigeria’s agricultural revolution
President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeri [...]
Court grants Emefiele bail in sum of N20m over alleged illegal possession of fire arms charges
The Federal High Court sitting in Lagos has granted bail to the suspended Central Bank of Nigeria, CBN, Governor Godwin Emefiele in his alleged gun po [...]
#Endsars: After several denials, Lagos govt approves mass burial for victims
The Lagos State government has approved the sum of N61,285,000.00 for the mass burial of 103 victims of #Endsars massacre of 2020.
In a letter titl [...]