27 C
Lagos
Wednesday, November 25, 2020
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Nigerian authorities have filed criminal charges against Dana Group PLC, a multi-million dollar Nigerian conglomerate that operates across a number of diverse sectors including aviation, pharmaceuticals, automobile sales and processed foods. A subsidiary Dana Steel Limited and Dana Group’s Chief Executive Jacky Hathiramani are also named in the indictment.

Senate Approves Buhari’s request to Issue Refunds to Five States

The Senate on Tuesday approved President Muhammadu Buhari’s request for a refund of N148,141,969,161.24 to Rivers, Bayelsa, Cross River, Osun and Ondo...

NCDC Launches COVID 19 Blog

The Nigeria Centre for Disease Control (NCDC) has announced the launch of a blog to document COVID-19 "stories". NCDC Chief Dr Chikwe...

Senator Ifeanyi Ubah Threatens to Sue Governor Obiano over N25bn DMO Notes

Anambra Senator Ifeanyi Ubah (YPP), has threatened to sue Anambra Governor Willie Obiano if he does not respond to a 48-hour ultimatum...

ENERGY TIMES

NNPC Plans to Pay First Dividend in Decades Says Kyari

The Nigerian National Petroleum Corporation (NNPC) has said it plans to pay a dividend to its shareholders in this 2020 financial year....
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NNPC Boosts Power Generation by 2,538 MW in August

The Nigerian National Petroleum Corporation (NNPC) has said that it supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas...

339 Companies Bid for Crude Contracts, Says NNPC’s Kyari

Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) says that 339 companies have submitted bids for the...

CRIME

Zenith Bank Manager Held Over Multi-Million Naira Fraud

A Federal High Court, Lagos on Tuesday ordered the remand of Zenith Bank manager, (name withheld), in the custody of Force Criminal...

EFCC Rearraigns Former NIMASA Chief Over N156 fraud

The EFCC on Monday, rearraigned a former Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Haruna Jauro, in a Federal...

Ex First Bank Employee Jailed Over Massive Theft

An Oyo State High Court has handed down a ninety-eight year sentence to Oreoluwa Adesakin, a former employee of Nigeria's First Bank...

Ilorin Court to Sentence Internet Fraud Suspect

A Kwara State High Court sitting in Ilorin today reserved sentencing of an internet fraud suspects who pleaded guilty to four-counts of...

Payroll Chief and Two Accomplices Ensnared in ICPC Ghost Worker Sting

The Independent Corrupt Practices and Other Related Offences Commission, (ICPC) has arraigned Mr Sadiq A. Sadiq, the Head of the Payroll Department...

BUSINESS
Latest

Zinox Founder Leo Stan Ekeh Explains Relationship With Health Plus Founder Bukky George

Reginald Obiakor a lawyer who acts as the Senior Special Assistant (SSA) to Leo Stan Ekeh, the prominent businessman and tech titan...

9PSB Appoints Branka Mracajac as CEO Designate

The Board of Directors of 9 Payment Service Bank (9PSB) has announced the appointment of Branka Mracajac as the CEO designate. An...

Naira Falls to N484/$1 at Parallel Markets

Nigeria's local currency the naira shed some value against the United States Dollar on Friday after it fell to N484 against the...

Afreximbank Grants $5m Loan to TAJ Bank

Nigeria's TAJ Bank has received a $5 million credit facility from the African Export-Import Bank (Afreximbank). Earlier this month,...

In Third Quarter Results, UBA Sees Fall in Profit

United Bank for Africa (UBA) Plc has released its unaudited 2020 Third Quarter Financial Results, posting gross earnings of N454.4 billion, up...

BUSINESS PROFILES

Chioma Mang

Chioma is a seasoned banker with almost 3 decades of combined experience at top management and executive levels in banking spanning Treasury...

Ebele Ogbue

Ebele Ogbue is the General Manager, UBA Energy Bank at United Bank for Africa (UBA) Plc. His responsibilities are to acquire, deepen...

Kenneth Orji

Mr. Orji was educated at the University of Ibadan, Nigeria where he was a J. F. Kennedy Scholar, having emerged national first...
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