Sijibomi Ogundele, the charming and successful businessman is the enterprising young man behind Sujimoto Construction LTD, which builds luxury houses across highbrow estates in Lagos and Abuja – He is the newest icon of Nigeria’s property and real estate sector. Fondly called Sujimoto, his first entrepreneurial trait manifested when he started a motorbike business popularly Read more
Justice L.N. Oweibo of Federal High Court, Ikoyi, Lagos, on Thursday, July 9, 2020, convicted and sentenced Captain Peter Okomi to three years imprisonment. Also convicted and sentenced was his company, Moyitok Nigeria Ltd and a vessel, M.V. Agbeke, for illegal dealing in petroleum products. The convicts were prosecuted by the Lagos Zonal Office of Read more
Business Centurion Law Group has been engaged to institute legal action against American multinational health care company Abbott Laboratories for willfully undersupplying African suppliers of COVID-19 test kits. Even when the African parties made orders first, delivery was effected last or not at all. “Abbott Laboratories should have known better and their handling of orders Read more
LAGOS, Nigeria, July 6, 2020/ — BUA Cement One of West Africa’s largest Cement companies has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Eastern region of Nigeria. This was revealed when Read more
Mustafa Chike-Obi has been appointed as the chairman of Fidelity Bank Plc. This comes after the retirement of Ernest Ebi who has completed his tenure in line with the bank’s internal governance policy. In a statement made available to the media on Sunday, the bank also announced that Seni Adetu, an independent non-executive director, has Read more
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has secured the conviction of one Abass Mohammed and a Bureau De Change (BDC) operator, Ibrahim Saidu Jogal, who connived to hack into the Flexcube database of Union Bank and defrauded the bank of N2,550,000,000 (Two billion Five hundred and Fifty Million Naira). According to Read more
Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by The Banker Magazine. Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retained its position as the number Read more
Press Release Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group (Ecobank.com), the leading pan-African bank with banking operations in 33 countries, concluded its 32nd Annual General Meeting (AGM) & Extraordinary General Meeting in Lagos, Nigeria, today. For the first time in the history of ETI and in line with preventive measures to curb the Read more
LAGOS, Nigeria, June 26, 2020/ — Ecobank has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank Mobile, Ecobank Online, USSD – Ecobank *326# can continue to enjoy zero fee charge Read more
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a primary school teacher, Mrs. Roseline Uche Egbuha, three staff of Guaranty Trust Bank (GTB) and a lawyer for allegedly laundering N550 million. Mrs. Egbuha, a teacher with Ozala Primary School, Abagana, Anambra State, was earlier arrested in October, 2019 by ICPC and Read more
