First Bank

Wednesday, August 31, 2016

Gilbert Chagoury Financial Muscle Behind Ground Breaking Eko Atlantic City & Owner Of Eko Hotel Barred From United States Of America

Nigerian-Lebanese billionaire Gilbert Chagoury, owner of the giant Eko Hotel & Suites in Lagos and the groundbreaking Eko Atlantic City, is no longer allowed to enter the United States. This sad occurrence is happening slightly over one year when he lost his first son, Ramez in Paris.

Tuesday, August 30, 2016

Ebonyi Gov Dave Umahi’s Brother Austin Nabbed Along With Two Others Over N400m Slush Fund Linked To Election Campaign

The Economic and Financial Crimes Commission (EFCC) on Monday arrested one Austin Umahi, brother to the current governor of Ebonyi State, David Umahi, along with two others – Chinyere Egwuche and Mabel Dikibo – over a N400million slush fund linked to the 2015 presidential campaign of the Peoples Democratic Party.

SUVs, Other Cars In Ex LIRS Boss, Folarin Ogunsanwo’s Magodo Home Seized, Stripped Off All Perks Of Former Top Lagos Civil Servant!

The last has not been heard about the sudden removal of Mr Olufolarin Ogunsanwo, as the boss of the Lagos Internal Revenue Service (LIRS).The latest is that Governor Akinwunmi Ambode has moved against him big time and seized all the Sport Utility Vehicles and other cars in his Magodo, Lagos home.

Sunday, August 28, 2016

The Real Cause Of Stella Oduah’s Son, Chinedu Etoromi’s Death Revealed By Doctors

Doctors At Turkish Hospital In Abuja Say

One Million Pharmaceutical Workers Face Job Loss

Unless the Federal Government intervenes urgently in the matter concerning the ECOWAS Common External Tariff and the challenges it is posing for the pharmaceutical manufacturing sector, about one million workers in that industry may lose their jobs before the year runs out.

Delta State University recently sacked six of its lecturers for their involvement in several offences including alleged sexual harassment of female students.

Delta State University recently sacked six of its lecturers for their involvement in several offences including alleged sexual harassment of female students.

Fear Grips Reps Members As They Scurry In & Out Of Daily Meetings Over Planned Questioning By Police Over Budget Padding Allegations

Fear has gripped some members of the National Assembly following hints by the Police that they would be proceeding with their planned questioning of

Inside Latest Report Of ‘’Troubles’’ Afflicting Ifie Sekibo Led Heritage Bank

For one of the newest entrants into the Nigeria’s banking industry, it has become a case of one day, one trouble as Heritage Bank Plc continues swimming in the sea of controversies amidst

Friday, August 26, 2016

Angry Residents Throw Rotten Fruits And Vegetables At Gov Yahaya Bello After Friday Muslim Prayer

Some aggrieved residents on Friday stoned Kogi State governor, Yahaya Bello, as he emerged from a mosque where he observed Jumat prayer in Lokoja, the state capital

“UBA Will Sustain Its Culture Of Keeping A Healthy Balance Sheet, With Strong Liquidity And Capitalization, ‘’ Goup Managing Director Kennedy Uzoka On Audited 2016 Half Year Financial Results Of Good Tidings

United Bank for Africa Plc (“UBA” or “the Bank”), announced its Audited 2016 Half Year Financial Results for the period ended 30 June 2016 showing the bank recorded gross earnings of N166 billion, net operating income of N109 billion and profit before tax of N40 billion.

Thursday, August 25, 2016

Aviation College Decorated With Allegations Of $20million Fraud

An advocacy group, Transparency Initiative, has petitioned President Muhammadu Buhari over alleged rot in the Nigerian College of Aviation Technology (NCAT), Zaria, leading to a $20million (N6billion plus) fraud.

FAAN M.D Saleh Dunoma Sick, In Abuja Hospital As EFCC Continues Investigation Into Misappropriation Of Public funds

Embattled Managing Director of Federal Airports Authority of Nigeria, FAAN, Engr Saleh Dunoma, who has been on the horns of dilemma in the past weeks for alleged misappropriation of public funds is now very sick and hospitalized in an Abuja hospital.

Sons Indicted As Bank Moves To Take Over Ugbo Monarch Obateru Akinruntan’s Abuja Mall Over Huge Debt

Things are not going well with the King of Ugbo kingdom, Oba Obateru Akinruntan’s business conglomerate.

’ “I Am Ready To Sue LIRS For This Insult” Protea Chairma, Ajibola Aribisala Thunders Over Shut Down Of Hotel By Tax Collector Agency Due To N11.07million Debt

The Lagos State Internal Revenue Service has sealed Protea Hotel, close to Kuramo Waters, over alleged failure to remit N11.07 million personal income taxes deducted from workers’ salaries.

Wednesday, August 24, 2016

‘’ We Wish To State Very Categorically That UBA Has Completely Remitted All NNPC/NLNG Dollar Deposits’’ Financial Institution Reacts To Issue In Reports Of Ban By CBN From Foreign Exchange Market

Financial Institution, United Bank For Africa has reacted to the main issue contained in reports of its ban from foreign exchange transactions by the Central Bank of Nigeria.


The bank’s reaction is

Gov Ben Ayade’s Brother Francis In EFCC Net Over N2.4billion Contract Fraud

The Economic and Financial Crimes Commission has arrested a brother to Governor Ben Ayade of Cross River State over alleged N2.4billion contract scam.


Inside Details Why Armed Police Men Sealed Off Ex Gov Rabiu Kwankwaso’s Residence For 15hrs

Armed policemen on Tuesday sealed off the residence of a former Governor of Kano State, Rabiu Kwankwaso, located on Lugard Road in Kano for 15 hours. The house is a few minutes’ drive away from the Kano State Government House.

Sunday, August 21, 2016

How Savemayowa Campaign's Mayowa Ahmed Gave Up The Ghost In South Africa

Twenty-nine-year-old Mayowa Ahmed yesterday died in a South African hospital about 10 days after her admission.

The late Mayowa left Nigeria on August 11 to treat Stage IV Ovarian cancer after her family was cleared of fundraising scam allegations by the police.

Moves For Ex Military President Ibrahim Babangida To Be Probed Over Missing $12.4bn Oil Windfall Kick Started

A rights advocacy group, the Socio-Economic Rights and Accountability Project, has called on the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), to reopen the unresolved case of the “missing $12.4bn oil windfall.”

4yrs Later Victims Of 2012 Flood Still Living In Public Buildings In Gov Adams Oshiomole’s Edo State

Four years after the 2012 flood in Edo State, many displaced persons are still staying in public buildings in the affected local government areas, the News

Kwara State Commissioner For Education, Musa Yeketi Buys Hummer School Bus For N100k!

The Kwara state Commissioner for Education and Human Capital Development Alhaji Musa Yeketi has bought a hummer School bus belonging to a government secondary school under his supervision at a giveaway price.

Thursday, August 18, 2016

Skye Bank Doused In Alleged Hostile Take Over Campaign In Face Of Growing Malicious Rumours

Financial Institution Skye Bank is at the centre of all manners of conjectures – and the stories have refused to away.

And this despite assurances from industry regulator Central Bank of Nigeria, a development that is raising eye brows amongst the publics of the financial institution and the banking sector at large.

Unconstitutional Gift..Minister Of Science Ognonnaya Onu Refuses Toyota SUV Gift From Ebonyi Gov Dave Umahi

The Minister of Science and Technology, Ogbonnaya Onu, has rejected the Toyota SUV given to him by the Ebonyi State Government.


The minister, in a letter to Governor Dave Umahi, said he rejected the gift because the laws of the state excluded him from persons eligible to collect such gifts.

Police, President Muhammadu Buhari’s Former Body Guards About To Clash In Abuja

The Police have deployed mobile policemen to the All Progressives Congress Presidential Campaign Office in Abuja, venue of the planned protest by former bodyguards to President Muhammadu Buhari who participated during the 2015 presidential campaigns.

Ex President Goodluck Jonathan, Wife Patience Under Official Investigation Over Bombings Of Oil & Gas Facilities In Niger Delta

The Nigerian presidency has ordered a discreet investigation of former president, Goodluck Jonathan, and his wife, Patience, over the spate of bombings of oil and gas facilities in the Niger Delta,

Former Imo Gov Achike Udenwa Returns To EFCC Detention Over N350m Campaign Fund

The Economic and Financial Crimes Commission has arrested a former Imo State Governor, Achike Udenwa, for allegedly receiving N350m from the Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman, during the build-up to the 2015 presidential elections.

Tuesday, August 16, 2016

Oil Baron Ben Peters Declared Wanted In $115m Bribe Given To Electoral Officials By Ex Petrol Minister Diezani Madueke And Clandestinely Handled By Fidelity Bank

The Economic and Financial Crimes Commission has declared billionaire businessman and Managing Director of Aiteo Group, Mr. Benedict Peters, wanted for his alleged role in the $115m (N23bn) bribe given to officials of the Independent National Electoral Commission by a former Minister of Petroleum Resources, Diezani Alison-Madueke, during the build-up to the 2015 election.

Saturday, August 13, 2016

EFCC Chair Ibrahim Magu Orders ‘’Strict Surveillance’’ On Agency’s Operatives Over Allegations Of Corruption

IN a bid to ensure transparency and drive home the commission’s stance against corruption, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has ordered strict surveillance on the activities of operatives of the anti-corruption commission.

Release Of N7.47billion May Lead To Collapse Of Heritage Bank Insiders Claim As New Nigerian Ports Authority Management Uncovers N11.23bn Agency Fund Fraudulently Stashed In 3 Banks Including First Bank & FCMB.

The new management of the Nigerian Ports Authority has uncovered fraud totalling N11.23 billion at the agency, officials familiar with the matter have told PREMIUM TIMES.

The officials said the Managing Director, Hadiza Bala Usman, and her executive directors have since their assumption of duties on July 18 been poring through the books of the maritime agency.

Friday, August 12, 2016

“Marriage Is Not An Achievement. There Is So Much More To Life Than Being Someone’s Wife,” Linda Ikeji Declares In Face Of Pressure To Marry

Linda Ikeji, celebrity blogger, has admitted that she’s under “intense pressure” to find a husband.


Ikeji, whose marital status has been a recurring subject of public discourse, says she is fed up of being constantly prodded by “family and friends” to get married.

Dream Team’s Quarter Final Match Against Denmark Threatened As Coach Samson Siasia Comes To Town With Tales Of Woes & Abandonment By Sports Administrators

There is real chance that the Dream Team VI, Nigeria’s Under-23 football team to the Olympics, could boycott the quarter-final game against Denmark due to unpaid allowances.


Ex Gov Emmanuel Uduaghan, Maurice Iwu Lead Others Alleged Have Been Involved In Either Criminal Offences Or Administrative, Judicial And Professional Misconduct During 2007 & 2011 Polls

A bold step towards sanitising the electoral process was taken yesterday, with the indictment of 66 individuals and organisations allegedly involved in poll crimes in 2007 and 2011.

Thursday, August 11, 2016

Sterling Bank Suffers 44% Drop In Fee Based Income, Earnings Growth Slows Down Remarkably

Sterling Bank suffered a drop of 44% in fee-based income in the second quarter and the bank’s earnings growth has slowed down remarkably from the first quarter performance.

Thursday, August 4, 2016

Abuja Socialite Hajia Jamila Tangaza Allegedly Arrested, Detained By EFCC Over Questionable Sales Of Land In High Brow Areas

The Economic and Financial Crimes Commission (EFCC) has arrested the former Director of the Abuja Geographical and Information Service, AGIS, Hajia Jamila Tangaza, who also served as a

N182M Chartered Flight To China, Special Advisers For Wives, Helipad In Country Home & Other Allegations Of Flamboyancy Against Ibe Kachikwu

Minister of State for Petroleum, Dr. Ibe Kachikwu allegedly spent over N182million on a chattered flight to China for a three-day roadshow in the Asian country to attract investments to Nigeria’s oil and gas sector, an angry member of his entourage told

Tuesday, August 2, 2016

Why EFCC Arrested NAHCO Chairman Yahaya Suleiman On Way To Johannesburg As M.D Nobert Bielderman Escaped Overseas!

The Economic and Financial Crimes Commission (EFCC) last week arrested the Chairman of Nigeria Aviation Handling Company Plc, Suleiman Yahaya, for allegedly diverting huge amount of money from the company for personal use, THISDAY investigations have learnt.
Yahaya was arrested by EFCC operatives last Friday in Abuja as he allegedly wanted to travel to South Africa, ostensibly to escape from the long arms of the law, and was whisked to Lagos and detained at the Ikoyi, Lagos office of the commission.

Gov Abdulfatah Ahmed, Senate President Bukola Saraki Speculated To Have Stakes As Herald Newspaper Office Is Allegedly Quietly Sold To Shoprite

The ownership of the GRA Ilorin office of The Herald, Kwara State Government-owned newspaper, has changed hand after the government secretly sold it to Shoprite, raising suspicion that the Senate President Bukola Saraki and the incumbent governor, Abdulfatai Ahmed, have a stake in the deal.

Huge Praises For Outgoing UBA Boss, Philips Oduoza As Book Is Launched In His Honour

It was rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza in Lagos on Wednesday as captains of industry and leading voices of Nigerian society witnessed the launch of a book in his honour.

‘’Don’t Get Yourself Entangled With Marriage Among Your Members...Don’t Arrange Marriages’’ Pastor Adeboye Warns Ministers

The General Overseer of the Redeemed Christian Church of God (RCCG) has warned that anyone who introduces ethnicity into the fabrics of the mission will die a sudden and premature death.

Monday, August 1, 2016

Inside Details Of Smart Adeyemi’s Collapsing Hotel Businesses

The sour relationship between the Kwara State Government and the ex-Kogi West senator, Smart Adeyemi, has led to the collapse of the former president, Nigerian Union of Journalist’s hotel empire in Ilorin.