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Business

January, 2021

  • 6 January

    Manchester City Legend, Colin Bell Dies At 74

    Manchester City legend Colin Bell has died, aged 74, after a short illness, the Premier League club have announced. The former England midfielder made 501 appearances for City between 1966 and 1979, scoring 153 goals. He won 48 caps for his country. “Few players have left such an indelible mark on City,” said a club statement on Tuesday. In 2004, ...

  • 6 January

    FCMB Names New MD

    First City Monument Bank FCMB has named a new managing Director following stepping aside of embattled Adam Nuhu. The new chief executive of the bank is Yemisi Edun. Yemisi Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife and a Master’s degree in International Accounting and Finance from the University of Liverpool, United Kingdom. She is ...

  • 6 January

    Moyo, lady in middle of FCMB sex scandal saga opens up

    Moyo Thomas, the lady in the sex scandal story involving the Managing Director of First City Monument Bank, Nuhu Adams, has spoken on the incident that was alleged to have led to the death of her husband, Tunde Thomas. Moyo’s response, authored by her family, however, did not state the involvement of her former boss in FCMB in the saga. ...

  • 6 January

    Seven injured as tipper, SUV crash on Ibadan rail line

    Seven persons were on Tuesday injured as a tipper and a Sport Utility Vehicle fell off the Lagos-Ibadan Expressway and landed on the railway track which passes under the road. Eyewitnesses said that the accident happened at Rainbow bus stop inside Ibadan towards the Ojoo end of the expressway. The two vehicles were said to be heading towards the same ...

  • 6 January

    FG disburses N166 million to 239 beneficiaries

    Ahead of the processing of the over three million applications so far received, the Nigeria Youth Investment Fund of the Federal Government has completed its pilot disbursement of loans totaling N165.7m to 239 beneficiaries. The money, approved by the Federal Executive Council on July 22 2020, is being implemented in partnership with the Central Bank of Nigeria, Ministry of Finance, ...

  • 6 January

    #EndSARS :Forensic experts hired for over N25m to comb Lekki Toll Gate for 21 days

    Evidence of blood from gunshot wounds is one of the things to search for. Lagos State Judicial Panel of Enquiry and Restitution for Victims of SARS-related abuses and the Lekki Toll Gate shootings of October 20, on Tuesday said forensic experts have been hired to comb the facility. Judge emeritus Doris Okuwobi stated that the analysts paid for by the ...

  • 5 January

    FCMB drops 10% in early trading, the MD’s scandal fingered

    Nigeria’s leading tier-2 bank, First City Monument Bank (FCMB) recorded significant losses at the first trading session of 2020. What you must know: At about 10.55 am on Monday, the tier-2 Banking stock was trading at N3.00, printing a decline of 9.91% at the Nigerian bourse. However, it’s critical to note FCMB is still the best performing Nigerian bank stock ...

  • 5 January

    Arrested :22-yr-old behead, remove eyes of his pal for money ritual

    The principal suspect, Police said has voluntarily confessed to having committed the crime.” He said he was asked by a ritualist to bring the eyes for ritual to enable him get rich. Now, the Bauchi State Police Command has arrested the 22-year-old man suspected to be a ritualist. He allegedly murdered gruesomely his neighbour in Alkaleri Local Government Area of ...

  • 5 January

    42-Year-Old Son Of Transport Billionaire Ekene Dili Chukwu Dies From COVID-19

    Report has it that the son of late billionaire transporter and owner of Ekene Dili Chukwu Motors is dead 42 year old Augustine Ilodibe Jnr died in Lagos from COVID-19 complications. Famous transporter, Augustine Ilodibe Jnr. was among the three persons who died of COVID-19 complications in Lagos on Monday. The death of the 42-year old, who inherited his billionaire ...

  • 5 January

    Shoprite staff commits suicide after receiving suspension letter

    The death of 23-year-old Jumoke Kehinde, a Shoprite staff, in Akure on New Year’s Eve is now creating ripples across the state. “At about 4 pm, a distress call was received in the office that she was not feeling fine. One of the management staff went to check on her,” he added. According to the manager, Kehinde was found on ...