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The Investments and Securities Tribunal, Abuja, on Wednesday ordered First City Monument Bank Plc (FCMB) to pay N988.5 million to a stock broking firm after a decade long dispute. Valueline Securities and Investments Ltd, who brought the bank before the tribunal, said the debt was from shares purchase fund allegedly misappropriated in 2008 by the…

Leading telecoms operator, Airtel Nigeria, has unveiled a new Television Commercial (TVC), ‘Meet the in-Laws’, which demonstrates the power of mobile Internet as a phenomenon that enriches life and keeps everyone connected irrespective of age, class, tribe or gender Following the success of ‘Data is Life’ campaign in 2016, the new campaign is an incremental…

Fifty indigenous and foreign companies have been awarded contracts to lift Nigeria’s crude oil for the 2018/2019 crude oil term. The firms were named by the Nigerian National Petroleum Corporation (NNPC) and one of them is Obat Oil & Gas, which recently carried out a tactical rebranding. This fledgling company picked alongside 49 others from…

All is presently not well with the family of the founder and pioneer Managing Director of Global West Vessel Specialist Limited (GWVSL), a maritime security company owned by late Captain Romeo Itima. This is because children of the deceased have dragged their uncle and current Managing Director of GWVSL, Captain Winfred Itima, to court over…

The pan-African Financial Institution, United Bank for Africa (UBA) has introduced a unique and innovative product, called ‘UBA Learn’ targeted at helping students achieve all round academic success. The Product, an online Learning Platform for students powered by Roducate, was launched yesterday, May 17, 2018 with particular emphasis on helping students within the age range…