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First Bank of Nigeria in trouble over new MD

...CBN queries lender, says appointment not approved Chidi Ogbuokiri Recent appointment of Gbenga Shobo as the new managing director of FirstBank of Nigeria Limited has triggered controversy. Mr. Shobo was announced Wednesday

CBN Governor under pressure to sack MD Zenith Bank

Chidi Ogbuokiri The last may not have been heard about the crisis rocking Zenith Bank Plc following the appointment of Ebenezer Nduka Onyeagwu as the bank’s Managing Director/Chief Executive Officer. Fresh information reaching

SON intercepts N600 substandard tyres

Chidi Ogbuokiri Importers of substandard products have resorted to operating from remote areas in their bid to avoid the eagle eyes of the Standards Organisation of Nigeria (SON). This revelation was made by the SON’s

NCC arrests 5 over fraudulent registration of SIM cards

As part of its routine enforcement activities to sanitise the industry of criminal elements, the Nigerian Communications Commission (NCC) has arrested no fewer than five suspected individuals for allegedly engaging in fraudulently