Category: Business
Lagos agency stops FrieslandCampina from endangering consumers’ health with contaminated milk
The Nigerian market would have been saturated with contaminated milk from FrieslandCampina Nigeria Plc, makers of Peak Milk, but for the timely interv [...]
One week, one trouble: Court awards N10m damages against FCMB for putting wrong picture on client’s debit card
It is almost beginning to look like every week, First City Monument Bank FCMB is enmeshed in one controversy or the other.
In another case of infract [...]
FCMB staff docked for stealing N30m from customer
First City Monument Bank is in the news for the wrong reason again and this time, one Adebayo Ayokunle, a former staff of the bank was arrested and ch [...]
U.S. court fixes date for trial of Alex Onyema’s suspected collaborator in $20m fraud case
A United States court has rescheduled the trial of Ebony Mayfield, a woman accused of helping the founder of Air Peace, Allen Onyema, to facilitate a [...]
Interpol probes two Nigerian fintech CEOs, Eghosasere Nehikhare and Bukunmi Olufemi Demuren for laundering N128bn
Two Nigerian Fintech CEOs, Eghosasere Nehikhare and Bukunmi Olufemi Demuren, and another Nigerian, are under probe in Kenya for a string of suspicious [...]
Dangote Cement ramps-up production at Okpella plant
Africa’s biggest cement manufacturer, Dangote Cement, has ramped up production at its newest plant, in Okpella Edo State even as its earnings per shar [...]
Oba Otudeko is richer by N22bn from sale of Honeywell to Flour Mills
After months of negotiations and proper preparation of documentation, Flour Mills of Nigeria Plc a Nigerian agro-allied group led by Greek investor, J [...]
Zenith bank records impeccable 22 % topline growth in Q1 2022
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2022, with an impeccable growth of 22% in Gross Earnings fr [...]
Buhari would have protested if Jonathan plunged Nigeria into a debt mess like he has done borrowed the way he has done – Shehu Sani
Shehu Sani, a former senator representing Kaduna central, says President Muhammadu Buhari would have protested if former President Goodluck Jonathan h [...]
GTCO Plc releases Q1 2022 unaudited results, reports profit before tax of ₦54.3bn
Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the perio [...]