Category: Business

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Tunde Ayeni sold his shares in OMS to me for N2bn – Okunbo

Tunde Ayeni sold his shares in OMS to me for N2bn – Okunbo

Idahosa Okunbo, a business mogul, says Tunde Ayeni, former chairman of the board of directors, Skye Bank Plc, sold his shares in Ocean Marines Solutio [...]
FCMB appoints Yemisi Edun as acting managing director

FCMB appoints Yemisi Edun as acting managing director

First City Monument Bank (FCMB) has appointed Yemisi Edun as its new managing director in acting capacity, amid allegations of marital infidelity be [...]
NIN registration suspended as NIMC staff commence strike

NIN registration suspended as NIMC staff commence strike

The National Identity Management Commission (NIMC) unit of the Association of Senior Civil Servants of Nigeria (ASCSN), has directed members to emba [...]
Access Bank completes acquisition of Zambia’s Cavmont Bank

Access Bank completes acquisition of Zambia’s Cavmont Bank

Access Bank Plc says its Zambian subsidiary has completed the acquisition of Cavmont Bank Limited following fulfilment of “key conditions precedent in [...]
Just in: Adam Nuru, MD FCMB goes on leave as bank probes paternity scandal

Just in: Adam Nuru, MD FCMB goes on leave as bank probes paternity scandal

Adam Nuru, managing director of First City Monument Bank (FCMB), has opted to go on leave amid the allegation of marital infidelity. A panel is curre [...]
FG increases electricity tariff again by 50%

FG increases electricity tariff again by 50%

Just four months after the Electricity distribution companies (DisCos) across the country began the implementation of a new electricity tariff regime, [...]
Ex-VP, Atiku Abubakar slams Buhari as he sells investments with Intels

Ex-VP, Atiku Abubakar slams Buhari as he sells investments with Intels

Nigeria’s former Vice-President and co-founder of Integrated Logistics Services Nigeria Limited (Intels), Atiku Abubakar, has been selling his shares [...]
Pantami suspends NIMC staff over extortion

Pantami suspends NIMC staff over extortion

Isa Pantami, minister for communications and digital economy, has directed the immediate suspension of some National Identity Management Commission (N [...]
Nneka Onyeali-Ikpe takes over as Fidelity Bank CEO

Nneka Onyeali-Ikpe takes over as Fidelity Bank CEO

Nneka Onyeali-Ikpe has officially assumed office as the fourth chief executive officer of Fidelity Bank. Onyeali-Ikpe, whose tenure commenced on [...]
Sex scandal: FCMB MD, Adam Nuru denies allegation

Sex scandal: FCMB MD, Adam Nuru denies allegation

The Managing Director, First City Monument Bank (FCMB), Adam Nuru, has denied the allegation of sexual misconduct against him On December 31st [...]
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