Category: News

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Union Bank drags Swift Networks to Court, gets restraining order from operating 24 bank accounts over N7bn debt

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

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

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

#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 [...]
Fidelity Bank reclassified as Medium Price Stock

Fidelity Bank reclassified as Medium Price Stock

Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the reclassification of Fideli [...]
Agusto & Co. affirms Fidelity Bank’s ‘A’ rating with stable outlook

Agusto & Co. affirms Fidelity Bank’s ‘A’ rating with stable outlook

Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in refle [...]
Guaranty Trust Bank named best bank in Nigeria by Euromoney

Guaranty Trust Bank named best bank in Nigeria by Euromoney

Guaranty Trust Bank Ltd has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023. This marks a record 12th time that Guarant [...]
APC national chairman, Abdullahi Adamu resigns

APC national chairman, Abdullahi Adamu resigns

Senator Abdullahi Adamu has resigned from his position as the National Chairman of the All Progressives Congress APC. Adamu reportedly resigned as [...]
Benedict Peters in debt of $2.6bn debt to Shell Nigeria Plc, 7 banks

Benedict Peters in debt of $2.6bn debt to Shell Nigeria Plc, 7 banks

British multinational oil company, Shell Nigeria Plc has alleged that oil mogul, Benedict Peters is neck deep in debt to it to the tune of $2.6 billio [...]
Trial of First Bank’s official over fraud, stealing, begins September 21

Trial of First Bank’s official over fraud, stealing, begins September 21

An Osun State High Court sitting in Ila-Orangun has fixed September 21, 2023, for the arraignment of two officials of the First Bank Plc, Kehinde Davi [...]
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