Category: Business

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EFCC on seized $2.8m: Union Bank refused to honour our invitation – EFCC on seized $2.8m

EFCC on seized $2.8m: Union Bank refused to honour our invitation – EFCC on seized $2.8m

The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, [...]
Union Bank explains $2.8m confiscated at Airportm says it was a legitimate operation

Union Bank explains $2.8m confiscated at Airportm says it was a legitimate operation

The management of Union Bank has explained that the men who were arrested at the Enugu Airport by operatives of the Economic and Financial Crimes Comm [...]
Diamond, Access Bank merger process to be completed 2019 – Dozie

Diamond, Access Bank merger process to be completed 2019 – Dozie

Despite several denials of a merger in the media, the board of Diamond Bank Plc on Monday finally announced its merger with Access Bank Plc and is exp [...]
NASCON launches Dangote Classic Seasoning Cubes

NASCON launches Dangote Classic Seasoning Cubes

Management of the NASCON Allied Industries Plc, a subsidiary of the Dangote Industries Limited has pledged its commitment towards a healthy living by [...]
Lanre Shittu Motors builds a standard assembly plant in Nigeria

Lanre Shittu Motors builds a standard assembly plant in Nigeria

The automobile industry has received a major boost as one of the leading auto firms, Lanre Shittu Motors (LSM), has started the local assembly of JAC [...]
FAAN shelves threat to withdraw services from airports

FAAN shelves threat to withdraw services from airports

The Management of the Murtala Muhammed Airport 2, Lagos on Monday continued flight operations following the Federal Airports Authority of Nigeria, FAA [...]
GTBank maintains position as Best Bank in Nigeria, wins Bank of the Year, Sierra Leone

GTBank maintains position as Best Bank in Nigeria, wins Bank of the Year, Sierra Leone

Foremost African financial institution, Guaranty Trust Bank Plc has won the award for ‘Bank of the Year Nigeria’ for the second year in a row at The B [...]
Despite poor power supply, Nigeria to sell electricity to Burkina Faso

Despite poor power supply, Nigeria to sell electricity to Burkina Faso

Nigeria is set to begin selling electricity to Burkina Faso, a neighbouring West African country, despite poor electricity supply in the country. Lamu [...]
“Buhari has no respect for intn’l law,” ex UK secretary of state advices investors not to invest in Nigeria

“Buhari has no respect for intn’l law,” ex UK secretary of state advices investors not to invest in Nigeria

Priti Patel, former secretary of state for International Development in the United Kingdom (UK), has called on investors to be wary about investing in [...]
Teleology finally takes over 9mobile, names new board

Teleology finally takes over 9mobile, names new board

Teleology Holdings Limited has finally taken over 9mobile. This is coming 11 months after the company made it to the top five companies making a bid t [...]
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