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Business

May, 2021

  • 3 May

    Abductors Of Kogi LG Chairman Demand ₦100m

    The abductors of the Chairman of Yagba West Local Government Area of Kogi State, Pius Kolawole, have demanded a ransom of one hundred million Naira. Kolawole and some others were kidnapped on Saturday on his way from Ilorin to his hometown of Egbe, the border town between Kogi and Kwara State. He was said to be in the company of ...

  • 3 May

    Honeywell speak out on trending First Bank loan

    The Honeywell Group has said its loan with the First Bank is being serviced. In a statement issued in Lagos on Sunday, the group also said its loan obligation to the bank had been reduced by 30 per cent in the last two and half years. The company also explained that since 1972, the group and First Bank had had ...

  • 2 May

    Meet The Two Brothers That Emerged Chairmen Of First Bank

    The management shake-up in First Bank of Nigeria by the Central Bank of Nigeria has made two brothers, Oyekanmi Hassan-Odukale and Tunde Hassan-Odukale, the Chairmen of the bank’s United Kingdom subsidiary and parent company in Nigeria, respectively. Based on findings, both brothers are sons of the founder of Leadway Assurance, Sir Olusola Hassan Odukale. Their father founded Leadway Assurance in ...

  • 2 May

    More shocking revelations about Mary Daniels’ lies

    A new investigation has revealed that contrary to her claim that her name is Mary Daniel, an investigation by The Cable has revealed that amputee Lagos water Hawker Mary Daniel lied about her name and identity. It was also revealed that the people of Asaba once donated N1.7m to her in the past according to her family members but she ...

  • 2 May

    Dangote Cement to pay N40.39 bn in corporate tax

    Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer on Friday, April 30, 2021, the amount is due from corporate tax for the period ended March 31, 2021. ...

  • 2 May

    Customs seize five truckloads of rice bags Ibadan market

    Operatives from the Federal Operations Unit, Zone A, of the Nigeria Customs Service (NCS) stormed Oja’ba market in Ibadan, Oyo State, in the early hours of Saturday, and went away with an unknown number of bags of rice, loaded in five trucks. They were said to have broken into warehouses, stores and shops containing the bags of rice to carry ...

  • 2 May

    Zenith bank displays resilience as profit before tax rises by 4% in Q1 2021

    Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit Before Tax (PBT) rising by 4% to N61.0 billion, from N58.8 billion recorded in March 2020. This is despite a very challenging macroeconomic environment aggravated by the COVID-19pandemic. According to the unaudited statement of account presented to the Nigerian Stock Exchange (NSE)on ...

  • 2 May

    Ibukun Awosika thumbs Chest on her First bank achievements

    In October 2010, I was appointed to join the board of First bank of Nigeria. A few months later, I was appointed to chair the board of its start up FBN Life Insurance Limited (a joint venture with Sanlam of South Africa). As its pioneer chairman, I had the privilege of working with a strong management team led by Val ...

April, 2021

  • 30 April

    First Bank shake-up: Hassan-Odukale replaces Awosika as Chairman

    The Central Bank of Nigeria on Thursday, wielded its big stick on one of Nigeria’s oldest banks, First Bank of Nigeria Limited, and sacked all the board members of the bank including its Chairman, Board of Directors, Ibukun Awosika. Awosika was appointed First Bank Chairman in September 2015, making her one of the first women to hold the esteemed position. ...

  • 29 April

    Another victim Transfers N305,000 To sacked Police gang, after Threat To Ruin his Life In Ogun’

    Fresh allegation has surfaces against the sacked Mopol in Ogun State, for. extortion Shortly after the arrest of three policemen attached to Mobile Police, Squadron 16, MOPOL 16, Abeokuta, Ogun State alleged to have extorted sum of N153,000 from one Sheriff Adedigba, a student of Lagos State University, LASU has been arrested. Another victim of extortion on the same spot, ...