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Sunday , 24 June 2018

Editorial

Adeniji- Adele, 60, Dies After Operation In India

Former Lagos Island Local Government Chairman and Commissioner of Sports, in Lagos State, Prince Ademola Adeniji-Adele is dead. He was aged 60 years. Adeniji-Adele, according to his son, Hon, Sultan Adeniji Adele, who confirmed the death, said his father passed on at about 6:00am Nigerian time in an Indian hospital today.. Adele-Adeniji Sultan message read: “Good morning every one, My ...

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EFCC Quizzes Sterling Bank MD,Yemi Adeola For 3hrs! ,..Ex Gov Udenwa Too

adeyemi adeola

The operatives of the Economic and Financial Crimes Commission on Wednesday stormed the headquarters of Sterling Bank Plc in Lagos for an undisclosed investigation. One of our correspondents gathered that the operatives of the anti-graft agency quizzed the Managing Director of the bank, Mr. Yemi Adeola, for over two hours, but the details were not disclosed. When contacted on the ...

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FCMB deepens retail banking drive

GMD/CEO of FCMB, Mr. Ladi Balogun

First City Monument Bank (FCMB) Limited has continued to build a valuable franchise in the retail space. The lender has not only created innovative products and service offerings that resonate with the needs and lifestyles of the market, but also provide superior customer service that meets clients’ needs. This conscious drive by the bank to carve a niche for itself ...

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Buhari Returns Budget For The 3rd Time, Demands Final Copy

The nation may still have to wait a little more over the 2016 budget. This is because the National Assembly committee and the one set up by the Presidency to rework the budget could not immediately work out answers to the issues that made the President to reject the budget in the first place. But to get over the issues, ...

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Trouble hits Edo Assembly..Gov Oshiomhole Accused !

A group, the Edo For Good Governance (EGG), yesterday alleged that the removal of the speaker and the deputy speaker of the Edo House of Assembly is a prelude to the impeachment of Deputy Governor Pius Odubu. It urged President Muhammadu Buhari to call Governor Adams Oshiomhole to order. The governor, said the group, “should allow one-man-one-vote”. The group, in ...

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UBA Counts Blessings, Operates in 18 African countries, Targets 25

Tony Elumelu, UBA

The United Bank for Africa plans to extend its presence to six more African countries to bring the number to 25 as part of its continent-wide expansion drive. Apart from Nigeria, the bank presently operates in 18 other African countries and has reported strong growth in the subsidiaries, which now contribute about 25 per cent of the group’s operating revenue. ...

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Oshiomhole / Deputy War Get Messier..Another Assassination Attempt

There is tension in Edo State over  Saturday’s gun attack on the convoy of Deputy Governor Pius Odubu during a visit to the All Progressives Congress (APC) secretariat in Auchi, headquarters of Etsako West Local Government Area. Odubu yesterday relived the incident and called on the police to arrest the suspects he fingered in the attack. But Governor Adams Oshiomhole dismissed ...

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One Year After,Oba Erediauwa Of Benin’s Death Broken!

In keeping with customs ,Gov  Oshiomhole of Edo State has announced what is obviously stale news about the death of the Oba of Benin. The statement did not say when and how the monarch died. Read full statement below culled from premiumtimes. “Our hearts are heavy, laden with pains and grief, at the announcement of the passing on to glory ...

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Panic, As First Bank Set To Sack 1,000

FBN Holdings Plc, the parent company of First Bank Nigeria Limited, is planning to cut about 1000 jobs and focus less on providing loans to the oil industry in a bid to reverse  the 2015 financial year’s 82 per cent slump in profit…And the move is a major source of apprehension the system,as we write. The lender expects to boost ...

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Analysts Worried ,As EFCC Gets Order To Detain Fidelity Boss For 30 days

fidelity md

Financial experts are looking at the continous detention of Fidelity bosses beyond emotion ..and they are worried on the implications, based on the banking rules..The Economic and Financial Crimes Commission obtained a remand order to keep the Managing Director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and the bank’s Head of Operations, Mr. Martins Izuogbe, pending the outcome of investigations. ...

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