Obat boss and Olugbo of Ugbo Kingdom in Ilaje Local Government Area of Ondo State, Oba Fedrick Akinruntan may be battling hard times as the High Court of the Federal Capital Territory in Jabi, Abuja, on Thursday, ordered the sale of his Abuja hotel owned by one of his companies, Obat Oil and Petroleum Limited to offset N5 billion debt it owes Ecobank Plc.
The Bank Customers Association of Nigeria (BCAN) late Sunday detested in unequivocal terms the attempt by some social media commentators and publishers to disparage the image of the First City Monument Bank (FCMB) in the face of the ongoing controversies over alleged extra-marital affairs of the bank’s Managing Director, Mr. Adam Nuru, describing the act of the commentators as unjustifiable.
Governor Adegboyega Oyetola of the State of Osun paid a working visit to the United Arab Emirates, UAE headquarters of the MGT Group -- a multi sectoral and multidisciplinary firm with patented technologies operating in several countries of the world.
BUA Cement PLC, one of Africa’s largest cement companies, has announced that it has successfully concluded its N115billion Series 1 Fixed Rate Senior Unsecured Bond Issue (the “Bond or Issue”) under its maiden N200billion Bond Issuance Programme.
Ecobank Nigeria has launched a radio programme – “Ecobank Business Hour” targeted at empowering small and medium enterprises (SMEs) in the country.
Let me first out myself. I am a former Employee of FCMB. I worked there for a bit in the securities trading arm, CSL. CSL is a legendary institution that continues to be the corner piece of the Nigerian Capital Market. I was the Head of Local Business.
Justice Lateefa A. Okunnu of the Lagos State High Court sitting in Ikeja, on Tuesday, January 5, 2021, convicted and sentenced Okey Nwosu, a former Managing Director, Finbank Plc, to three years imprisonment for over 10m fraud.
The Catholic Archbishop of Lagos Archdiocese, Rev, Dr. Alfred Adewale Martins, has advised the Presidential Taskforce on COVID-19 to ensure that people continue observe basic COVID-19 Protocols nationwide, rather contemplating another lockdown in 2021.
