TSA: COMMERCIAL BANKS LOSES 20,000 ACCOUNTS 

An estimated 20, 000 bank accounts hitherto operated by the Federal Ministries, Departments and Agencies (FMDAs) in commercial banks across the country, are expected...

OKUMAGBA, BGL GMD IN EFCC CUSTODY FOR N28.9BN FRAUD

The Economic and Financial Crimes Commission, has arrested Albert Okumagba, Group Managing Director (GMD), BGL Plc, a financial services company, for offences bordering on...

FIDELITY BANK APPOINTS TWO EXECUTIVE DIRECTORS

The Board of Directors of Fidelity Bank Plc has announced the appointment of two new Executive Directors as part of efforts aimed at restructuring...

FG LIFTS BAN ON 113 CRUDE OIL VESSELS

The Nigerian National Petroleum Corporation (NNPC) has lifted a ban placed on 113 vessels from engaging in crude oil/gas loading activities within Nigerian territorial...

FG FAULT J.P. MORGAN’S DELISTING OF NIGERIA BOND

Nigerian authorities have maintained that they would only continue to take those economic decisions that  would impact positively in the lives of the citizens, in...

FBN HOLDINGS MAKES MAJOR MANAGEMENT CHANGES

FBN Holdings (FBNH) Plc Monday announced major changes to its leadership team, effective January 1, 2016. In a statement monday, the holding company said the...

NNPC BEGINS MOVE TO RECOVER $9.46BN OWED NIGERIA

IN the first 100 days of President Buhari’s government, the Nigerian National Petroleum Cooperation (NNPC) has begun the process of recovering over $7 billion...

LULL IN CAPITAL MARKET DEEPEN, AS STOCKS FURTHER DEVALUE

The Capital Market has lost N2.5 trillion since May 29 when the new government came in, while experts caution on the need for perseverance....

MTN APOLOGISES TO CUSTOMERS OVER SIM VALIDATION

The management of MTN Nigeria has apologised to its teeming customers over the noticeable congestion in its service outlets across the country as a...

AIRLINES ACCUSE MARKETERS OF SELLING KEROSENE AS AVIATION FUEL

The Chairman of Airline Operators of Nigeria (AON), Capt. Nogie Meggison, has accused oil marketers of selling kerosene as aviation fuel to unsuspecting airline...
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Ousted Egyptian President Mohamed Morsi Dies In Court

Former Egyptian president Mohamed Morsi died on Monday in a Cairo hospital after fainting during a session in court, judicial and security sources said. “He...

Salah Rejects €170m Juve Switch

Liverpool forward Mohamed Salah has reportedly rejected a €170m switch to Juventus – but could revisit the situation next summer.   According to The Mirror, which...

Ganduje Orders Probe Into N6.8m Swallowed By Gorilla In Kano Zoo

Gov. Abdullahi Ganduje of Kano has ordered the state Anti-Corruption Commission to probe the claims by the Kano Zoological Gardens that a Gorilla in...