Business

Court Convicts Man For Defrauding Access Bank Of N25M

  By Gbenga Ogunbufunmi    A Federal High Court, Lagos, has convicted a man, Jules Suinner, for defrauding Access Bank PLC of the sum of N25 million. Justice Chuka Obiozor who pronounced the man convicted, after founding him guilty of all six counts charge of conspiracy, fraudulent impersonation, being in possession of proceeds of illicit […]

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Court Refuses To Discharge Ecobank Staff Over N1M Theft Charge

      Story by Gbenga Ogunbufunmi   A Lagos Chief Magistrate’s Court, Ebute Meta, Lagos  presided over by Chief Magistrate  F. O. Ikobayo (Mrs)  has rejected an application to discharge a staff of Ecobank Plc, Oniegho-Areh Thomson, of charges of conspiracy and stealing of N1 million leveled against him by the police. Magistrate Ikobayo […]


Alleged Diversion Of N5B: Professor, Ex-Lawmaker Narrates How Kwara IGR Was Shared

  Story by Gbenga Ogunbufunmi   The Ilorin Zonal Office of the Economic and Financial Crimes Commission ( EFCC) has uncovered how the twenty four ex lawmakers of the Kwara State House of Assembly, the immediate past Commissioner for Finance, Ademola Banu and some companies allegedly swindled  the Kwara State government about five billion from […]


Victory Park Estate Take Over: AMCON Lawyer,   Receiver /Manager Clears Air On Controversy

    By Gbenga Ogunbufunmi   As controversy continued  to rage over the takeover of Victory Park Estate, Lekki , Lagos by the Asset Management Corporation of Nigeria, (AMCON), as a result of the   indebtedness of N12,966, 510, 191.10,  the law firm representing AMCON,  Matrix -Solicitors  LLP has come out to clear the air on […]


Boeing, Ghana Sign Memorandum Of Understanding For Three 787-9 Dreamliner Jets

  Boeing and the Republic of Ghana have signed Memorandum Of Understanding (MoU) for three 787-9 Dreamliner Jets. The MoU according to Boeing is for the country to re-launch an airline starting with the 787-9 Dreamliner. The parties signed the MoU at the Dubai Air Show for three airplanes with a list price value of […]


Court Sentences Fidelity Bank Staff 1Yr For Stealing Customer’s Money

      Justice Farouk Lawan of the Kano State High Court has sentenced a banker with Fidelity Bank Plc, Anochima Chidozie Christopher, to one year imprisonment for stealing from the bank customer’s account. The Economic and Financial Crimes Commission (EFCC), Kano Zonal Office, had yesterday arraigned the convict Anochima on two-count charges, bordering on […]


Canon Will Continue To Invest In Nigerian Market—Amine Djouahra

  …Says Company Has Created Footprints, As Discovery Week  2019 Begins Today The Sales & Marketing Director, B2C, Canon Central and North Africa, Amine Djouahra, has stated that Canon,the imaging solution leader would continue to invest in Nigeria, as the journey to the country since 2016 has been exciting. This is just as he also […]


Courier Firm, Manager Docked For Exporting Hard Drug

    By Gbenga Ogunbufunmi   A courier company, Cargo Naija Limited and its Export Manager, Odiache Chidinma Stephen have been arraigned before a Federal High Court, Lagos, for exporting 13.8 kilograms of a hard drug called Methamphetamine. Both the firm and it’s export manager were arraigned on a count charge of the offence by […]


AFRAA Director Tasks African Govts. On Visa On Arrival Policy

  …Says It Will Boost Travel, Tourism, Trade & Investment Director, of Government, Legal and Industry Affairs, Africa Airlines Association (AFRAA) Aaron Munetsi has called on African governments to key into the Visa On Arrival (VOA) policy to boost travel, tourism, trade and investment in their respective countries, as obtained in other parts of the […]


Stanbic IBTC Assures Nigerians Of Strong, Stable, Sustainable Operations

  Chief Executive, Stanbic IBTC Holdings PLC, Yinka Sanni has assured Nigerians that the operations of Stanbic IBTC Bank remains strong, stable and sustainable by positing  a profit of N36 billion for the half-year which ended June 30, 2019 This is just as it also informed that the entity rewarded shareholders with an interim dividend […]