The order came following a fundamental human rights suit A Lagos State High Court has barred Folasade Tinubu-Ojo, the daughter of the national leader of the ruling All Progressives Congress (APC), Bola Tinubu, from imposing levies on traders and other businesses at the popular Computer Village in Ikeja, Lagos. The development comes over a year Read more
By The Capital …the inability to recover the loan contributed to the insolvency of Diamond Bank leading to its acquisition by Access Bank …Equating call to pay back debts to corporate bullying skirts moral boundaries In the wake of reports that ABC Orjiako, the chairman of Seplat Petroleum Development Company PLC, through Cardinal Drilling Nigeria Read more
Cordros Securities said Zenith Bank’s performance was impressive. Zenith Bank Plc on Tuesday released its audited results for the year ended December 31, 2020, showing earnings growth despite the challenging operating environment. The bank’s net interest stood at N299.682 billion, up from N267.031 billion in 2019, while net fee and commission income was N79.332 billion Read more
…the gains can be attributed to the recent impressive financial performance recorded by Zenith Bank Zenith Bank Plc recorded the highest daily gain in over two months on Tuesday as investors gain N37.7 billion. It is the bank’s highest gain in a single trading session since the last circuit breaker on November 12, 2020. Data from the Read more
The prosecution said Ms. Audu allegedly abetted the use as genuine a forged document titled “Access Bank Fund transfer/standing order form” An FCT High Court, Zuba has fixed for March 22 for the arraignment of a bank worker, Olawunmi Audu, and Access Bank in a case of alleged unlawful deduction of N197.2 million from Chimex Read more
SEPLAT is supposed to be a separate entity but has been compromised through the activities of its Chairman. There are indications that unsafe and unsound practices of the Chairman of SEPLAT Petroleum Development Company Plc, Ambrosie Bryant Chukwueloka (ABC) Orjiako contributed to the financial crisis that bedevilled erstwhile Diamond Bank before its ultimate merger with Read more
“CACOVID is dismayed to learn of reports on social media today alleging that BUA is singlehandedly purchasing 1 million Covid-19 vaccine doses for Nigeria.” The private sector-led Coalition against COVID-19 (CACOVID) has rejected the statement made by Abdulsamad Rabiu’s BUA Group, stating that the company has purchased one million doses of COVID-19 vaccine for Nigeria. Read more
The promo will test customers’ knowledge of the different *945# USSD codes One of Nigeria’s most innovative and digitally-led financial institutions, Wema Bank, has set out to make this season of love as eventful as possible for customers with its ‘14 Days of Love with 945’ promo. The two-week-long promo will see the bank giveaway Read more
Amazon chief executive Jeff Bezos will step aside later this year to become executive chairman, making way for Andy Jassy, who currently heads up its cloud computing division, AWS, to replace him in the role, according to Financial Times. The ecommerce group’s founder, 57, on Tuesday said it was an “optimal time” to make the Read more
The bank was also recognised as Bank of the Year and Best Bank in Retail Banking at the 2019 BusinessDay Banks and Other Financial Institutions (BOFI) Awards. Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands Read more
