Business
BREAKING: Founder Of Bukka Hut Speaks On Olaolu’s Demise, Clears Air On Business Ownership, Says He Was A Minority Shareholder
September 29, 2022
BREAKING: Founder Of Bukka Hut Speaks On Olaolu’s Demise, Clears Air On Business Ownership, Says He Was A Minority Shareholder
Rasheed Jaiyeola, the founder and CEO of Bukka Hut, has addressed the nature of the business he conducted with Olaolu…
Providus Bank In N559M Fraud Mess as Customer Sues Them Over Disappeared Chunk Of Money
August 30, 2022
Providus Bank In N559M Fraud Mess as Customer Sues Them Over Disappeared Chunk Of Money
The Federal High Court that sits in Lagos has ordered one of the new generation banks, Providus Bank Limited, to transfer back…
Union Bank Loses N1.6bn To 5-Man Lebanese and Nigerian Fraud Syndicate
August 29, 2022
Union Bank Loses N1.6bn To 5-Man Lebanese and Nigerian Fraud Syndicate
Union Bank of Nigeria Plc is currently battling to recover the whooping sum of N1, 626, 139, 795, 12 billion,…
BREAKING: World Bank, US Exim Bank Invest $3Billion In Nigeria’s Plan On Renewable Energy, Power Sector Reforms, Clean Cooking
August 24, 2022
BREAKING: World Bank, US Exim Bank Invest $3Billion In Nigeria’s Plan On Renewable Energy, Power Sector Reforms, Clean Cooking
The World Bank and the US Export-Import Bank (Exim Bank) through Sun Africa have committed $3 billion in investment to…
EFCC arraigns Savannah Crest Investment CEO, Portia Emilia for N110 million fraud
August 17, 2022
EFCC arraigns Savannah Crest Investment CEO, Portia Emilia for N110 million fraud
Internet influencer Portia Emilia was charged by the Economic and Financial Crimes Commission (EFCC) on Wednesday with allegedly defrauding N110…
Zenon Petroleum asks court to wind up Ardova Plc over ‘$6m debt’
August 9, 2022
Zenon Petroleum asks court to wind up Ardova Plc over ‘$6m debt’
Zenon Petroleum and Gas Limited has filed a winding-up suit against Prudent Energy and Services Limited, the parent company of…
Ahmed Zakari, Fidelity Bank And Henry Ajagbawa Plan To Use Security Agencies To Take Over BEDC PLC Again
August 5, 2022
Ahmed Zakari, Fidelity Bank And Henry Ajagbawa Plan To Use Security Agencies To Take Over BEDC PLC Again
*Police chooses to obey court order Despite the various security issues being faced by the country, it has been revealed…
BREAKING: NBC fines Trust TV N5m over documentary on terrorists
August 3, 2022
BREAKING: NBC fines Trust TV N5m over documentary on terrorists
The National Broadcasting Commission (NBC) has imposed a fine of N5 million on Trust Television Network (Trust TV) over the broadcast of…
Naira Strengthens To ₦665/$ At Parallel Market — Days After EFCC Raided BDC Hub
August 3, 2022
Naira Strengthens To ₦665/$ At Parallel Market — Days After EFCC Raided BDC Hub
A few days after security personnel seized a Bureaux De Change (BDC) hub in Abuja, the naira maintained its momentum…
Kenya’s Central Bank bars banks from dealing with Flutterwave, Chipper Cash
July 29, 2022
Kenya’s Central Bank bars banks from dealing with Flutterwave, Chipper Cash
The Central Bank of Kenya (CBK), on Friday, instructed commercial banks in the country to stop dealing with Nigerian fintechs,…