In a shocking twist that has sent ripples through the financial sector, Lotus Bank has reported a staggering loss of N1,134,491,604.31 due to a major system glitch that allowed customers to execute transfers without proper debit instructions on their accounts.
As the Edo Guber Elections 2024 draws near, the campaign of the All Progressives Congress (APC) has reached fever pitch, the campaign train of Senator Monday Okpebholo, Edo Guber candidate and his team has soldiered on.
The Fish for Life Empowerment Foundation, led by visionary Dr. Ope Banwo, has announced the launch of the second cohort of its acclaimed FREE Digital Skills Empowerment Program.
The Chief of Defence Staff (CDS) General Christopher Musa, the wife of Brig Gen Isang Akpaumontia(Barr Mrs Ndidiamaka Helen Akpaumontia) and 148 other Nigerians recently have been conferred with the Nigerian Institute of Management (NIM) Fellowship at the 2024 Awards, Fellows and Spouses’ Day Luncheon held in Lagos.
Following the controversy generated by the leading opposition party, the People’s Democratic party, PDP, over the alleged acquisition of Keystone bank and Etisalat by Alhaji Isa Funtua and the CEO of AMCON, Ahmed Kuru, President Muhammadu Buhari has ordered probe into the alleged fraud.
In line with its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host another edition of its business series.
Women empowerment advocate, motivational speaker, fashion entrepreneur and the brain behind Hope by Kiki, Mrs. Kiki Okewale has been honored among the class of 2024 by 40 Under 40 Nigeria in recognition of her outstanding achievements as a Nigerian Chief Executive Officer, CEO under the age of 40.
The first bank to meet its demise in 2024 is smaller than its 2023 counterparts. In 2023 we saw Silicon Valley Bank (“SVB”) and First Republic Bank (“First Republic”) fail. The most recent bank to experience a failure bears a striking resemblance – in name only – to one of these banks.
Some Nigerian men need to learn a hard lesson. It's as if they think they can impregnate their wives multiple times and then abandon their children without any guilt or responsibility. They leave the burden of care entirely on the women, expecting their wives, families, and friends to pick up the pieces. This is an irresponsible way of life.
In a whirlwind of romance and celebration, the youngest honorable member of the Ogun State House of Assembly, Prince AbdulRasheed Kashamu, has found his forever love at just 28. This dashing politician has captured hearts not only in his constituency but also in the bustling Lagos social scene with his stunning bride, Patricia Raissa, better known as Tricia.