Category: National/Politics

Access Bank Drags Defunct Intercontinental Bank Staff To Court Over N1.2b Theft

Following the startling discovery of a whopping N1.2 billion fraud allegedly committed by one Olayinka Sanni, a former staff of Access Bank, through illegal siphoning of customers’ money, the bank has now taken the bold step to prosecute the said former staff, through the anti-graft agency, Economic and Financial Crimes Commission (EFCC,) after intensive investigations…

Dangote Cement Pumps $3b Into Plants, Employs 27,952 Nigerians

Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3 billion to build manufacturing plants and import/grinding terminals across Africa. The company’s operations, according to Makoju are in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.7Mta import), South…

Patrick Akinwuntan Becomes New MD/CEO Of Ecobank Nigeria

The Board of Directors of Ecobank Transnational Incorporated (ETI) has announced Patrick Akinwuntan as the Managing Director & Regional Executive-designate of Ecobank Nigeria. However, a statement issued by Ecobank disclosed that the appointment of Akinwuntan was subject to applicable regulatory approvals. Prior to this appointment, Patrick was the Group Executive, Consumer Banking responsible for leading…

Osinbajo Inaugurates BUA’s $350m Cement Plant In Sokoto

Last Tuesday, Vice-President Yemi Osinbajo commissioned the BUA Group’s 1.5 million metric tonnes Kalabaina Cement Plant in Sokoto State which gulped $350 million to build. Speaking at the commissioning of the new cement plant, which on full utilization, will provide at least 2,000 direct and 10,000 indirect job opportunities, called on BUA Group to collaborate…

JC International Gets IOSH Approval To Operate As Safety Training Provider

Barely one week after securing ESP Hull Gauging certification from the American Bureau of Shipping (ABS), JC International has again received accreditation from the Institution of Occupational Safety and Health (IOSH), UK as safety training provider. In a statement signed by the Managing Director of the company, Engr. Austin Joseph, the IOSH accreditation has authorised…