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Business
Court restrains First Bank Holdings from conducting AGM
The Federal High Court sitting in Lagos has restrained First Bank Nigeria, FBN Holdings Plc from holding, conducting or hosting…
BREAKING: Tension as fraudsters hack GTBank website, intercept customers’…
Suspected Fraudsters appeared to have compromised the domain address of Nigeria’s banking giant GTBank.Checks by online showed…
N35bn fraud: Court Orders Forfeiture of ‘stolen’ First…
A Lagos Federal High Court, today, ordered interim forfeiture of the sums of N190, 277,634.2 million and $70, 811, 48, USD,…
Access Holdings Plc extends Rights Issue acceptance period to August 23,…
Access Holdings Plc (“the Group”) has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set…
Fitch downgrades Union Bank’s ratings over capital breach
Fitch Ratings has downgraded Union Bank of Nigeria Plc (UBN) Long-Term Issuer Default Ratings (IDR) to ‘CCC’ from ‘B-‘ and its…
First Bank sued by largest shareholder Barbican over shares slash
Barbican Capital Ltd, an investment firm, has sued First Bank Nigeria Holdings (FBNH) in a Federal High Court in Lagos over the…
NDIC pays 82.36% of insured deposits to customers of liquidated Heritage…
The Nigeria Deposit Insurance Corporation (NDIC) has successfully paid 82.36% of the total insured deposits to customers of the…
Elumelu challenges Federal Gov’t to expose crude oil thieves
Nigerian businessman and philanthropist, Tony Elumelu, has urged the federal government and security agencies to reveal the…
‘Fraud’: Court fines Union Bank N112m for wrongly selling Ikoyi property
A High Court in Lagos has awarded N112,050,000 against Union Bank Plc for wrongly selling a property located at No. 6, Moore Road,…
UBA partners NBA Young Lawyers Forum, to goster professional growth of…
Africa's Global Bank, United Bank for Africa (UBA) Plc, has announced a strategic partnership with the Young Lawyers Forum (YLF)…