Category: Business
Oba Otudeko hurriedly leaves Nigeria following EFCC 13 count charges of fraud against him
Oba Otudeko, embattled former chairman of the FBN Holdings has travelled out of Nigeria.
His departure comes in the wake of his imminent arraignmen [...]
Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives
Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to [...]
Otudeko denies alleged role in FBN Holdings, vows to protect reputation against ‘false’ reports
Industrialist and Founder/Chairman of Honeywell Group, Oba Otudeko, has clarified that he has never held an executive role at FBN Holdings Plc or its [...]
Oba Otudeko, Bisi Onasanya to be arraigned for stealing N12.3bn from FirstBank
Justice Chukwujekwu Aneke of the Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission, EFC [...]
FG drags SEPLAT Energy, CEO Roger Brown, 11 others to court for tax evasion amounting to $37.5m
Almost a year after the Federal Government filed criminal charges against Seplat Energy PLC; the company’s CEO, Roger Brown; the Board Chairman, Basil [...]
Battle between Femi Otedola, Nduka Obaigbena heightens as Nigerian Navy detains crude oil cargo owned by GHL
The legal battle between Femi Otedola’s FirstBank and Nduka Obaigbena’s General Hydrocarbons Limited has intensified. In the latest developmen [...]
How FirstBank’s recklessness almost killed 93 souls on General Hydrocarbon’s rig – Nduka Obaigbena
General Hydrocarbons Limited (GHL), the company at the centre of a legal tussle with FirstBank of Nigeria Limited over an alleged $225 milli [...]
National Bureau of Statistics to include prostitution, other illegal activities in GDP calculation
The National Bureau of Statistics, NBS, have said that illegal and hidden activities like prostitution and drugs peddling will now be included in the [...]
UBA, First Bank, others fined N150m each by CBN
The Central Bank of Nigeria, CBN has sanctioned nine Deposit Money Banks with fines totalling N1.35 billion for failing to ensure cash availability vi [...]
Air Peace secures 6th IOSA certification, sets new benchmark for safety in African aviation
With an unwavering focus on raising the bar in operational safety and excellence, West and Central Africa’s largest airline, Air Peace Limited, has se [...]