Access Bank Plc has vehemently denied any wrongdoing in the alleged sale of a customer’s goods worth N2.5 billion. The Police Special Fraud Unit in Lagos had charged Access Bank Plc, its managing director and chief executive officer, Herbert Wigwe, and others with 21 counts of conspiracy, fraudulent disposal of trust property, fraudulent conversion, stealing…
Veteran music maestros, King Sunny Ade and Ambassador Osayomore Joseph will serenade guests at the burial ceremony of business mogul and renowned philanthropist Dr. Iyayi Efianayi. The burial ceremony slated to take place from Thursday, March 21, 2019 to Sunday, March 24, 2019 is expected to attract the crème de la crème of every sector…
A journalist with The Guardian Newspapers, Chuks Nwanne, has emerged the ‘Travel Reporter of the Year’ at the just-concluded Nigeria Travel Awards in Lagos. The ceremony, which was organised by Jumia Travel, Nigeria’s leading online travel agency, was held at the prestigious Four Points by Sheraton. Other winners were The Wells Carlton Hotels & Apartments,…
A three-storey building housing a private school, warehouses and residential apartments collapsed on Wednesday morning, leading to the death of a dozen persons mostly pupils of the school. The unfortunate incident happened on Massey Street in the Ita-Faaji area of Lagos State at about 10:25 am today. However, more than two scores of persons mostly…
Information reaching this newspaper revealed that the Economic and Financial Crimes Commission (EFCC) is currently quizzing some officials of Sterling Bank Plc and Kwara State Government following an alleged N1 billion cash withdrawals by the latter from an account domiciled with the bank. According to investigations, the money which was withdrawn at Sterling Bank’s Post…
NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December 2018, a significant increase from N510.6 million achieved in 2017, marking a 125% increase. The result is achieved as it begins to reap the benefits of its investments in its operations, technology and people. The…
As the world celebrates this year’s International Women’s Day, Heritage Bank Plc stated that making female empowerment central to organisation’s business strategies is not only critical to growth, but to building a sustainable and flourishing global economy. Speaking on the International Women’s Day 2019 campaign theme, “Balance-for Better,” the MD/CEO of Heritage Bank, Ifie Sekibo,…
Nigerian politicians are mostly different from their counterparts almost everywhere else in the world where true democracy thrives. They mostly carry along with them, in their every day dealings, the toga of poor performance or, for want of the right phrase, extreme non-performance. It thus becomes, most times, odd to see or hear that a…
Energias de Portugal, which ranks among Europe’s major electricity operators, and is one of Portugal’s largest business groups has completed a strategic investment in the Israel- and US-based cybersecurity company Sepio Systems. EDP is a vertically integrated utility company that has electricity, gas and renewable energy operations in 16 countries and EDP Renewables is the…
Africa’s leading e-commerce platform, Jumia, has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products. Through the partnership, Jumia will open the Mi official store on its platform and give Xiaomi access to millions of online customers across…