Business
No news is spared in the business world
FinBank’s ex-MD, Okey Nwosu, others convicted for N10.9B fraud
The former Managing Director of Finbank Plc, Okey Nwosu, has been sentenced to three years imprisonment for N10.9 billion fraud. The Economic and...
FCMB MD, Adams goes on leave as probe over marital infidelity commences
First City Monument Bank (FCMB) managing director, Adam Nuru, has opted to go on leave amid the allegation of marital infidelity. According to...
HeathPlus Saga: Pharmacist allegedly assaults CEO
Chidi Okoro, a pharmacist backed by the equity partners, have been alleged of physically attacking Mrs. Olubukunola George, founder and CEO of HealthPlus....
SunTrust Bank renews commitment to SMEs with over N23B loan
In its commitment to make the growth of the small and medium scale enterprises (SMEs) its primary focus, SunTrust Bank gave out N23.96...
GTBank in trouble over alleged N184m tax debt
The Akwa Ibom Internal Revenue Service (AKIRS) has sealed two of Guaranty Trust Bank (GTBank) branches in Uyo over unpaid taxes running into...
$85.8B debt: Court declines Seplat’s oral bid for property access
A Federal High Court in Lagos has refused an oral application by an oil firm Seplat Petroleum Development Company, seeking access to its...
Emeka Emuwa bows out of Union Bank after 8 years
After eight meritorious years, the Chief Executive Officer Union Bank Nigeria Plc, Emeka Emuwa, will bow out of office in 2021. The Board...
Unity Bank manager gets jail term for stealing N11.7m from ATM
A manager with Unity Bank has been sentenced to a one year jail for stealing the sum of N11.7 million from the bank’s...
Sterling Bank in legal battle with Danium Energy over N6 billion
An Ikeja High Court, Lagos heard how Sterling bank illegally debited the sum of N6 billion from one of its customers, Danium Energy...
