Wema Bank AGM Holds as Bank Commits to Innovative Banking Services
Wema Bank Plc, Nigeria’s longest surviving indigenous bank on Thursday, May 5, 2016 hosted the Annual General Meeting (AGM) to present the results for the year ending December 31, 2015 to the shareholders. It was also an opportunity to update…
At last, Pres Buhari Signs 2016 Appropriation Bill
At last, President Mohammud Buhari today, signed signed the 2016 Appropriation Bill into law. The signing ceremony was performed at the Presidential Villa, Abuja, according to a report monitored on Radio Nigeria and at the State House. Most reporters were…
Judicial Rascality: SAN Accuses Of Disrespecting Bench In Ecobank/Honeywell’s Suit
A drama ensued at a Lagos Federal High Court, on Thursday, when some senior lawyers accused a Senior Advocate of Nigeria (SAN), Mr. Adekunle Ogunba, a lawyer ti Ecobank Plc, of disrespecting the bench in the matter between Honeywell Group…
MTN Launches 3.75GB Plan for N2k
MTN Nigeria said it has introduced MTN Deal Zone, a new data subscription plan which many will find enticing. The telecommunication giant said the plan works on all devices and offers almost 500% data over existing data plans in the…
NIMASA Fraud: Akpolobokemi Approved ‘Looted’ Funds, Says EFCC Witness
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the immediate past Director-General of the Nigerian Maritime and Safety Agency (NIMASA), Patrick Ziadeke Akpobolokemi, and six others, Mrs. Olamide Odusanya, today, insisted that the…
Western Union Fraud: Court Orders Skye Bank To Pay Writer N10m As Damages
An Igbosere High Court of Lagos state has ordered Skye bank Plc to pay N10 million as general damages to a Nigerian writer, Odafe Atogun over his missing €6,000 Western Union Money Transfer sent to him from Ireland. The court…
NIMASA Fraud: Akpolobokemi Approves All Transaction -EFCC Witness
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the former Director-General Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Patrick Ziadeke Akpobolokemi, and six others, Mrs. Olamide Odusanya, today, testified before an Igbosere…
Businessman Bags 7yrs Jail For duping Swiss Firm of N171.2 m
An Igbosere High Court of Lagos State today, sentenced a businessman, Femi Ogunlowo, to seven years imprisonment for duping a Switzerland fertilizer company, Uralkali Trading SA, to the tune of N171.2 m. The court presided over by Justice Raliat Adebiyi,…
Lagos joins leagues of oil-producing states -As Aje field begins production
Twenty years after it was discovered, theAje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list of oil-producing states in the country. The milestone is coming after several missed targets for the…
First Bank To Sack 1,000 Staff
Over 1000 staff of First Bank of NigeriNigeria would soon be out of job if the news reaching thestreetreporters.com is anything to go by. The foremost financial institution is planning to cut about 1000 jobs and focus less on providing…
Pirate Kingspin Wanted for Hijack – Nigerian Navy
The Nigerian Navy has declared a suspected pirate kingpin wanted over alleged hijack of a vessel laden with Gas Oil. It was earlier reported that a vessel, MT MAXIMUS with 18 crew members and carrying 4,368.203MT of Gas Oil was…
