First Bank

Sunday, October 30, 2016

Why Nest Oil Boss, Ernest Azudialu Abandoned Luxury Of Private Jet To Queue For Commercial Planes

As the fairy tale romance brews and chars within the hearts of dreamy lovers so did the fabled good times bloom and fade from the lives of many a Nigerian billionaires. Ask Nestoil boss, Ernest Azudialu.

Luxury and the frills of acclaim takes a dip in the life of the

Saturday, October 29, 2016

Ex Minister, Musiliu Obanikoro Finally Pays Initial N100m Of Pledged Payback Of N785m Arms Deal Fund To Secure Release From EFCC Custody

A former Minister of Defence, Senator Musiliu Obanikoro, yesterday paid N100.4million out of  about N785million allegedly collected from the Office of National Security Adviser (ONSA) by Sylvan McNamara Limited, a company  which was allegedly linked to him.

The Tony Elumelu Foundation Convenes Africa’s Largest Gathering Of Entrepreneurs

The Tony Elumelu Foundation (TEF) opened the 2nd TEF Entrepreneurship Forum – the largest gathering of African entrepreneurs and the highlight of the annual TEF Entrepreneurship Programme.

Reuben Abati Remains In EFCC Detention Over Inability To Meet Bail Conditions As Ex Minister Bala Mohammed Has No Hope Of Leaving Any Time Soon

Five days after he was arrested, a former presidential spokesman, Reuben Abati, is still in custody because he is unable to satisfy his bail conditions,

After 2yrs Delay, Sifax Boss Taiwo Afolabi Finally Kick Starts Work On 15floors Marriot Hotel Project In Lagos

It takes time to cook a tasty broth and even greater passion, skill and time to erect an architectural masterpiece. This perhaps explains SIFAX boss, Taiwo Afolabi’s long delay in executing his hospitality franchise, the Marriott Hotel, in Ikeja, Lagos.

Two years after the Marriot Hotel worldwide gave a franchise to the SIFAX boss to venture into the hospitality sector, Taiwo Afolabi has finally

Friday, October 28, 2016

GTBank Compliance Officer Tells How Ex Presidential Aide, Waripamo Owei Dudafa Laundered N270.7million Via Account With Financial Institution In N5.1billion Fraud Case

A Compliance Officer with GTBank, Kayode Olanrewaju, on Thursday told a Federal High Court, Lagos how Waripamo-owei Dudafa allegedly laundered N270.7 million.

Mr. Dudafa, former Special Assistant to ex-President Goodluck Jonathan, alongside Joseph Iwuejo and four companies are being prosecuted by the Economic and Financial Crimes Commission, EFCC.

They are standing trial on a 23-count charge bordering on N5.1 billion fraud.

Trouble In Ondo Over INEC’s Choice Of Jimoh Ibrahim As PDP Guber Candidate Instead Of Eyitayo Jegede

Supporters of Eyitayo Jegede, candidate of the Ahmed Makarfi faction of the Peoples Democratic Party (PDP), are currently on the streets of Ondo, protesting the decision of the Independent National Electoral Commission (INEC) to choose his rival.

‘’What I Am After Is The Success Of My Husband’’ President Muhammadu Buahri’s Wife, Aisha

Aisha Buhari, wife of President Muhammadu Buhari, says her husband cannot succeed without the help of  governors and party members.

Aisha, whose recent comments on her husband’s political appointments generated uproar, said her primary objective is the success of his government.

Thursday, October 27, 2016

Philanthropists, Tony O. Elumelu, Bill Gates Talks The Role Of Global Philanthropy On Business, Politics And Culture In Paris

Philanthropists, Tony O. Elumelu, Bill Gates discuss the role of global philanthropy on business, politics and culture at Le Club de l'Economie hosted by Le Monde in Paris

Fidelity Bank Staffer, Oluchi Tochukwu In Police Net For Allegedly Sending Assassins That Butchered, Poured Acid On Estranged Hubby Onyebuchi & Made Away With His Range Rover Jeep

The long arm of law has caught up with a 32-year old female banker, Oluchi Tochukwu has been arrested by the Ogun State police Command for allegedly plotting to assassinate her estranged husband identified as Onyebuchi Tochukwu.

Police also apprehended two suspects,  Chigozie Smart 32 and  Kingsley Ikechukwu 36 alongside Oluchi at Ijebu-Ode, Benin expressway during “stop and search operation” .

The Commissioner of Police, Ahmed Illiyasu while parading the suspects at the Command’s Headquarters, Eleweran, Abeokuta told journalists that Oluchi planned the failed assassination with other suspects and kept the weapons such as acid, cutlass and iron rods at her husband’s compound in Agungi area of Ajah in Lagos State where the incident occurred last week Wednesday

Tuesday, October 25, 2016

Another Major Scandal Breaks Out At Bank Of Industry As Assets Declared Missing Discovered Sold, Sale Of Shares Worth N39.953billion Covered Up

Another major scandal has broken in the Bank of Industry (BoI), as assets allegedly declared missing by the bank have been sold.

Also sold were 127 million shares of the bank in Friesland Campina WAMCO Nigeria which were yielding good returns according to some staff of the bank.

‘’ You Cannot Say The National Security Adviser Stole $2.2billion. It Is Not Just Possible,” Former President Goodluck Jonathan Defends Massive Allegations Of Corruption Against Undergoing Prosecution Sambo Dasuki

Immediate past president, Goodluck Jonathan, on Monday said it was impossible for the National Security Adviser (NSA) during his administration, Sambo Dasuki, to have stolen $2.2 billion as claimed by the Economic and Financial Crime Commission (EFCC).

How UBA Swept All Major Wins At Finacle Client Innovation Awards 2016

United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India by Infosys Limited; the corporation that provides business consulting, information technology and outsourcing services to financial institutions across 19 countries.

Why Senate President Bukola Saraki’s In Law Yomi Ogunsola Is Feared By Many In And Out Of Politics Kwara State

In Kwara, very few men are sacred to the state. Very few men are sanctified by the political upper-class like Yomi Ogunsola. The latter dazzles like emerald atop a crypt of gold. His visions and exertions are laced with sparkles thus emitting a blaze that captivates like colourful neon lights.
In Kwara State, Yomi is definitely the man to beat. Married to Ronke, Senate President, Bukola Saraki’s half-sister, he is so powerful and influential in the affairs of the state that too many rich, powerful people kowtow to him.

Saturday, October 22, 2016

Ex Minister Musiliu Obanikoro To Turn Govt Witness Against Gov Ayo Fayose & Senator Iyiola Omisore In $2.1billion Arms Deal Case

The Federal Government may have concluded plans to make use of a former Minister of State for Defence, Senator Mussiliu Obanikoro, as prosecution witness against the Ekiti State Governor, Ayodele Fayose, and a former deputy governor of Osun State, Senator Iyiola Omisore, in the ongoing probe of $2.1billion arms deal involving a former National Security Adviser (NSA) to former President Goodluck Jonathan.

Friday, October 21, 2016

World’s Largest Oil Company, ExxonMobil Quits Nigeria’s Downstream Oil Sector!

ExxonMobil, the world’s largest oil company by market value, has quit Nigeria’s downstream oil sector, divesting its 60 percent stake in Mobil Oil Nigeria (MON).

Thursday, October 20, 2016

UBA & MEC, Inc., Launch Revolutionary Omni-Channel Payment System, EmailMoni

MEC, Inc.  announced today it has entered into agreements with pan-African financial services group, United Bank for Africa (“UBA”) Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.”

EmailMoni represents the world’s latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances landscape in Africa. The service provides a convenient and highly accessible application with multiple ways to transact that are instant, secure, and low cost.

Customs Sacks 29 Senior Officers For Various Acts Of Gross Misconduct, Compromising National Security And Economy.

Twenty-nine (29) Senior officers of the Nigeria Customs Service have been dismissed for various acts of gross misconduct, the service announced Thursday.

‘’My Time To Depart Just Happened To Be Now..I Remain Loyal ’’ Folly Coker Explains As Alleged Details Behind Gov Ambode’s Cabinet Reshuffle That Resulted In Disengagement Of 3 Commissioners & More To Go Hit Town

Governor Akinwunmi Ambode of Lagos State on Wednesday disengaged three commissioners from the state cabinet.

The Commissioner for Tourism, Mr. Folorunsho Folarin-Coker; his counterparts in Finance, Dr Mustapha Akinkunmi; and Transportation, Dr Ekundayo Mobereola, were removed a year after they were appointed into office.

Tight Security As Crown Prince Eheneden Erediauwa Officially Becomes Oba Of Benin

Security has been beefed up in Edo State, ahead of Thursday (today’s) coronation of the crown prince, His Royal Highness, Eheneden Erediauwa, as the new oba of Benin Kingdom.
Prince Eheneden will leave Usama Palace, where he has been since October 9 for Benin, the state capital.

Tuesday, October 18, 2016

Judge Accused Of Corruption By SSS Adeniyi Ademola Pulls Out Of Ex Sambo Dasuki’s Case Over Grave Allegations

Adeniyi Ademola, a judge of the Federal High Court in Abuja, and one of those arrested by operatives of the State Security Service, on Tuesday withdrew from presiding over the trial of former National Security Adviser, Sambo Dasuki.

‘’ Highly Suspicious’’ BrickBackOurGirls Group Slams President Muhammadu Buhari’s Daughter Hadiza’s Endowment Fund Initiative For Chibok Girls

The #BringBackOurGirls group has distanced itself from the signing of a Memorandum of Understanding (MoU) and Fund Raising Project of Hadiza Buhari-Bello, daughter of President Muhammadu Buhari, who doubles as the President of Africa Support and Empowerment Initiative (AFRISEI), in conjunction with the Peace Corps of Nigeria (PCN) in Abuja.

Gov Ayo Fayose Shuts Down Access Bank For Stopping Femi Fani Kayode’s Wife, Sonia From Withdrawing Fund From Account Linked To Money Laundering

Governor Ayo Fayose of Ekiti State today forces Access Bank to shut down its operations in the state. Mr. Fayose's extraordinary action came after bank officials prevented the girlfriend of former Aviation Minister, Femi Fani-Kayode, from drawing funds from the flagged account.

Monday, October 17, 2016

Femi Otedola No More An African Billionaire!

Femi Otedola, Nigerian businessman, is no longer a billionaire following a huge decline in the stock price of Forte Oil, according to Forbes.

According to Forbes, Otedola’s net worth, previously $1.8 billion, has plunged to $550 million.

Inside The Mind Of Folly Coker, The Man Boosting Lagos Image With Tourism Initiatives

His appointment as Commissioner for Tourism, Arts and Culture at the inception of the Akinwumi Ambode administration in Lagos State, drew so much frenzy, joy which propelled a high expectation from ‘the round peg in a round whole’ who has the will, the network and the charisma to breathe life into the moribund ministry.

Embattled Former Minister, Musiliu Obanikoro Arrives Home, To Submit Self To EFCC

A former Minister of State for Defence, Musiliu Obanikoro, has arrived Nigeria in an apparent move to submit himself to the Economic and Financial Crimes Commission, EFCC

All The Judges Under Investigation By Security Agencies Across The Country

Saturday, October 15, 2016

President Muhammadu Buhari, Wife Aisha At War Over Couple’s Public Outbursts

Unease yesterday enveloped the nation’s first family when President Muhammadu Buhari reacted to his wife, Aisha, recent interview with the British Broadcasting Corporation (BBC) Hausa Service programme.

In responding to his wife’s outburst that that his government had been hijacked by “some cabal” who were not with them from the very start, President Buhari said: “She belongs to my kitchen, my living room and the other room.”

Thursday, October 13, 2016

Return The Money! President Muhammadu Buhari Orders Anti Graft Agency, EFCC To Give Back Confiscated N10billion To NBC

Director General of Nigeria Broadcasting Commission (NBC), Is’haq Modibbo-Kawu, said the Economic and Financial Crimes Commission, EFCC, has been directed to return the N10 billion seized from it.

Wednesday, October 12, 2016

Tuesday, October 11, 2016

UBA Inks €60m European Investment Bank deal ‘for Nigeria’s growth’

The European Investment Bank and United Bank for Africa (UBA) have agreed to a new 60 million lending programme to support private sector-driven growth across Nigeria.

Monday, October 10, 2016

Recession Takes Back Seat For Ladi Balogun As FCMB Boss Stages 40th Birthday Bash London Will Not Forget In A Hurry For Wife, Banke

London will not forget in a hurry, the day Ladi Balogun feted friends and family in his wife’s honour. England’s metropolitan capital became the masque of high festivity and the pleasant place for rare merriment as Ladi celebrated his wife, Banke’s 40th anniversary in a classy shindig.

Bank Directors Indicted In DSS Sting Operation That Earned Judges Detention

A Judge begged Department of State Service (DSSS) boss Mr. Lawan Daura when confronted with evidence that he got more than N500million bribe, The Nation learnt yesterday.

Delta Gov, Ifeanyi Okowa Slumps, Whisked Away For Urgent Medical Attention

Delta State Governor, Ifeanyi Okowa, reportedly slumped over last Wednesday at the government house in Asaba.

Sunday, October 9, 2016

2 Army Officers Mastermind Of Central Bank Gov, Godwin Emefile’s Wife Margaret’s Abduction Arrested With Over 15million Ransom Money On One Of Them.

A joint-operation by the State Security Service and the police has led to the arrest of two Army officers allegedly responsible for the abduction of Margaret Emefiele, wife of the Governor of Central Bank of Nigeria, Godwin, PREMIUM TIMES can report.

All The Money Seized From Raid Of Judges Homes – DSS

The Department of State Services says it recovered over N270m from the houses of the judges it raided late on Friday and in the early hours of Saturday.

Ex Gov James Ibori To Become A Free Man In December After Serving Half Sentence In U.K Prison

Former governor of Delta State, James Onanefe Ibori, is due to  become a free man in December, after spending half of his jail term in United Kingdom prisons, according to a report from London.

Saturday, October 8, 2016

‘’Call Those Who Authored The Statement To Respond’’, Gov Akinwunmi Ambode’s Spokesperson Habib Haruna Tells Journalist Probing Why Lagos Govt Appoints US Fugitive Hakeem Dickson, Head Of Safety Commission

A dark pall of sleaze and disgrace hangs eerily above Governor Akinwumi Ambode’s fluorishing government. If great care is not taken by the incumbent Lagos governor, he would carelessly undo his Spartan achievements and bring to disrepute his so-called ‘no-nonsense’ government.

Findings revealed that the Lagos governor recently appointed a fugitive to head the Lagos State Safety Commission. The appointee, Hakeem Dickson, is allegedly a fugitive in the United States (U.S.) where he was reportedly convicted for credit card fraud in 1992.

Inside Details Of John, Ivie Edebor’s Troubled Marriage As Mystery Man At Centre Of Marital Discord, Mathew Agbaire Is Unveiled!

Emerging details have it another married man identified as Matthew Agbaire is at the centre of raging marital mess engulfing the Edobor’s ( Ivie and John).

The now identified third party is unmasked as a father of two and an engineer at Centrix, Design and Building Contractors.

Friday, October 7, 2016

Workers Halt Activities At Babatunde Fashola’s Ministry, Claim Minister Behind Arrest Of Union Leaders

Two union leaders in the Federal Ministry of Power, Works and Housing were arrested and detained on Thursday by the police following a protest by workers that grounded activities at the Mabushi head office of the ministry in Abuja.

Thursday, October 6, 2016

Senator Dino Melaye’s Celebrated Latest Wonder On Wheels, N180m Rolls Royce Labelled ‘’Fake’’ By Car Experts!

A SaharaReporters investigation into the latest ‘luxury’ car purchased by embattled Senator Dino Melaye has found that he is masquerading a cheap MG-TD replica car as an expensive Rolls Royce car purportedly worth N180 million.

Ekiti Assembly Member, Gboyega Aribisogan Suspended From House For Disloyalty To Governor Ayodele Fayose

The Ekiti State House of Assembly on Thursday suspended one of its members, Gboyega Aribisogan, for 180 legislative days, for allegedly being disloyal to Governor Ayo Fayose, and for associating with “opposition elements”.

The Tony Elumelu Foundation, Ministry Of Info & Culture Partner To Drive Innovation, Growth And Productivity Of Nigeria’s Creative Industries

At the historic National Theatre in Iganmu, Surulere, The Tony Elumelu Foundation (TEF) on Wednesday signed an MOU with the Federal Ministry of Information and Culture for the development of Nigeria’s creative industries. The Honourable Minister Alhaji Lai Mohammed and Tony O. Elumelu, CON signed for their respective organizations.

Tuesday, October 4, 2016

Inside Details Of Newly Discovered $40m Bank Accounts Owned By Ex First Lady Dame Patience Jonathan Using Fake Names

Oficials of Skye Bank Plc have informed the Economic and Financial Crimes Commission (EFCC) of newly discovered accounts owned by Mrs. Patience Jonathan, wife of former President Goodluck Jonathan. The accounts are said to have an aggregate  balance of $40million. 

Immediate Past Minister, Husband Abducted Along Kaduna/ Abuja Highway

The Police Command in Kaduna State on Tuesday, confirmed the kidnap of the immediate past Minister of Environment, Mrs Laurentia Mallam and her husband, Mr Pius.

Trouble For Former Gov Peter Odili As Govt Moves To Reopen N100billion Fraud Case Against Him

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has faulted Justice Ibrahim Buba of the Federal High Court for granting a perpetual injunction to a former Governor of Rivers State, Chief Peter Odili, which has scuttled the ex-governor’s prosecution.

Monday, October 3, 2016

Billionaires Mike Adenuga, Obafoluke Otudeko, Sunny Kuku Others Battle To Corner Popular Chieftaincy Title ‘’Ogbeni Oja Of Ijebuland’’ Leader Of Commerce

For the towering magnate, the path to honour doesn’t lay out in flat miles, it’s riddled with trials of fortune and intrigues of commerce. Eventually, it’s the imagination with which he perceives industry and the gestures by which he honours it that stands him out from his peer.

Armed with this ageless wisdom, notable sons of Ijebu land sought their niche in the world of commerce. And having attained acclaim and global deference in the cutthroat world of industry, they silently seek good graces of their kingdom’s paramount ruler,

Saturday, October 1, 2016

How Ontario Oil Boss, Walter Wagbatsoma Was Arrested In Germany While Passport Remained In Possession Of Court In Nigeria

Justice Lateefat Okunnu of the Lagos State High court, sitting in Ikeja, on Friday adjourned proceedings in the case of conspiracy, obtaining property by false pretence, forgery and uttering false documents brought against Walter Wagbatsoma, Adaoha Ugo-Ngadi, Fakuade Babafemi Ebenezer and their company, Ontario Oil and Gas Nigeria Limited, by the Economic and Financial Crimes Commission.

Ex International Taribo West Battles Death Rumour

Former Nigeria defender Taribo West has dispelled news on the social media and websites claiming he died in a South African hospital on Thursday.