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Panic as Unity Bank shareholders lose N468m, stakeholders rush to take out investment
A rush by shareholders to cash in on a slight increase in the share value of Unity Bank has caused value of share of the financial institution to dip by N467.57 million.
Last week, shareholders of Unity Bank saw their investment…
NADDC, stakeholders back auto journalists capacity building workshop
All is now set for this year’s edition of the Nigeria Auto Journalists Association (NAJA) Training/Capacity Building programme on Thursday, July 29, 2021 inside the training hall of Golden Tulip Hotel, along the Murtala Muhammed…
BREAKING: Abducted 5 members of maritime workers union, others regain
Chidi Ogbuokiri
The eight Nigerians, among them five members of the Maritime Workers of Nigeria (MWUN) kidnaped by gunmen in Rivers State waters on Monday have regained their freedom.
The release of the abducted travellers, which…
Ex-banker, wife, mother–in-law jailed 60 years for stealing customers’ fund
A former bank cashier, Ebenezer Adeolu Alonge; alongside with his wife, Isakunle Olamide Oyinlola and his mother-in-law, Isakunle Eunice Moradeke were on Friday, July 23, 2021 convicted and sentenced to 60 years imprisonment by Justice…
EFCC arrests 4 Sterling Bank staff for squandering customers money
Sterling Bank Plc may have turned into a safe haven for fraudulent officials as customers of the bank have continued to lose their hard-earned money to the bank.
This is coming even as the Economic and Financial Crimes Commission (EFCC)…
Maritime insecurity: Court jails 10 pirates for 12 years each over ship hijack
Chidi Ogbuokiri
In another major victory to Nigeria's anti-piracy war, a Federal High Court sitting in Lagos Thursday sentenced 10 pirates to 12 years imprisonment each with a N250,000 fine on each count for their involvement in…
War risk insurance premium payment suppressing Nigeria’s GDP growth -OPS
...Increase cost of doing business in country’s Ports
Chidi Ogbuokiri
Members of the Organised Private Sector (OPS) have hailed the bold statement by the Director-General of Nigerian Maritime Administration and Safety Agency…
Gulf of Guinea piracy falls in Q2—IMB report
. Lauds effects of Nigeria’s Deep Blue Project in GoG
. We won’t rest on our oars –NIMASA DG
Chidi Ogbuokiri
The International Maritime Bureau (IMB) has given credence to Nigeria’s efforts in combating piracy in the Gulf of…
GTB appoints Olusanya as first female managing director
The newly established Guaranty Trust Holding Company Plc has appointed Mrs Miriam Olusanya as the managing director of Guaranty Trust Bank Limited.
It also announced its new board of directors as well as changes to the board of its…
FG set to sell 36 assets to boost revenue
Chidi Ogbuokiri
The Bureau of Public Enterprises (BPE) plans to sell or allow private investors to manage 36 state-owned assets to boost government revenues that have come under pressure from lower oil earnings.
Two free economic…