There is unprecedented thrill in the socio-political arena. Nigeria’s circle
of the filthy rich is agog like medieval Rome in the throes of Caesar’s wedding
party. Barring any last minute hitch, President Buhari’s nephew, Tunde Shuaibu,
is set to marry in
Whoever believes that the bank is mightier than the storm should ask the
management and staff of Sterling Bank. They probably know better. As you
read, Sterling Bank is caught in the turbulence of steep and unforgiving
The House of Representatives has given the police
24 hours to return all documents relating to the 2017 appropriation bill
allegedly carted away from the residence of a senator, Danjuma Goje, who heads
the Senate committee on appropriations.
The House also condemned in strong terms, the
invasion of Mr. Goje’s residence by
The countdown has begun to the most anticipated and insightful learning
experience at the Runway Jazz 2017 Music and Business Masterclass, taking place
on April 29, 2017 in the Grand Ballroom of Eko Hotels & Suites, Lagos,
Nigeria. The Masterclass is a prelude to the Runway Jazz Concert, a
special celebration of the International Jazz Day.
Like tiny droplets that
precede the hammering rain, the guests meandered into the rustic ambiance of
Misau, Bauchi State. But unlike the proverbial rain droplet, each guest loomed
large in reputation and acclaim thus making the assemblage a gathering of nobles,
political and oil business titans. They had all travelled to Misau in honour of
Maikanti Baru, incumbent MD of the NNPC,
Vice-President Yemi Osinbajo on Thursday met with Lawal Daura,
director-general of the Department for State Services (DSS), Ibrahim Idris,
inspector-general of police (IGP) and Ibrahim Magu, acting chairman of the
Economic and Financial Crimes Commission (EFCC).
United Bank for Africa (UBA) Plc outperformed all banking stocks in the
first quarter of 2017 with a share price appreciation of 28.22 per cent. It had
recorded the second highest price gain of 33.1 per cent in 2016, just slightly
under three points behind Guaranty Trust Bank (GTB), which led the sector with
35.9 per cent.
President Muhammadu Buhari suspended Secretary to
the Government of the Federation Babachir Lawal and National Intelligence
Agency (NIA) Director-General Ayo Oke after two meetings with his kitchen
REDTV a dynamic online lifestyle channel, supported by United Bank for
Africa (UBA) Plc, that puts the spotlight on Africa with a distinct global
appeal, has announced its sponsorship of the Runway Jazz Festival as part of
events lined up for the commemoration of Lagos @ 50.
The Runway Jazz Festival scheduled to commence on April 29 and
President Muhammadu Buhari has ordered an investigation into the
allegations of violations of law and due process made against the Secretary to
the Government of the Federation, SGF, David Lawal, in the award of
The Central bank of Nigeria as denied provided the National
Intelligence Agency with $43,449,947, £27,800 and N23,218,000 found by Economic
And Financial Crimes Commission in an apartment in Osborne Towers Ikoyi, Lagos.
Sources on Wednesday told
SaharaReporters that the $50 million uncovered in a residential building
located at Osborne Towers, Ikoyi, by the Economic and Financial Crime
Commission (EFCC) belongs to the sacked Managing Director, Operations at the
Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue.
The United Bank for Africa
Plc (UBA) once again demonstrated its commitment to excellence in customer
service, by celebrating staff who have strived to implement the Bank’s core
values of Enterprise, Excellence and Execution.
At the event held at the
Eko Hotel Expo Centre, Lagos, Nigeria, UBA gathered
The Chairman of the United
Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal
Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating
the Nigerian economy, and bringing to bear a coordinated policy response that
will positively jumpstart the Nigerian economy.
A tip-off by a whistle
blower on Tuesday, April 11, 2017 led to another discovery by the Economic and
Financial Crimes Commission, EFCC, of a staggering sum of N4billion suspected
to be proceeds of crime.
Investigations as to the owner of the funds revealed that
Ninety lucky customers of Skye Bank Plc., across
different business locations of the Bank, have emerged as winners and received
their prizes in the recently-concluded Skye Bank and Western Union® “Better
The stress test conducted by the Central Bank of Nigeria (CBN) has
confirmed the resilience of large banks to withstand stresses over smaller
banks, even as it singled out Zenith Bank Plc for its strength in comparison to
death has intruded the enamored world of the rich; with consummate malice, it invaded
the household of the former MD of Shell and current chairman of Julius Berger,
Mutiu Sunmonu, snatching the life of his wife.
Managing Director and Chief Executive Officer, Skye Bank Nigeria Plc., Tokunbo
Abiru, has advised Secondary School students to imbibe savings culture while
they are still young, as this will guarantee their future.
He gave the
advice while delivering a lecture at a one day seminar at Government Day
Secondary School, Shadawanka, Barracks, Bauchi.
At the 11th Annual General Meeting
of Transnational Corporation of Nigeria Plc(“Transcorp”), the Board
of Directors confirmed their confidence in Transcorp’s growth
trajectory and affirmed the Company’s commitment to increasing
yield and returns to shareholders, while continuing its significant
capital investment strategy. Despite the
The brother of Seun
Egbegbe and two others have been arrested by the police in Lagos State for
aiding the Nollywood Producer as he robbed big phone shops.
Those arrested were two
men simply identified as Kazeem and Muyideen and Lekan Yusuf, said to be
According to the Lagos
State Commissioner of Police, Fatai Owoseni, who paraded the suspects, Yusuf,
Kazeem and Muyideen usually stay in the car while Egbegbe goes into the phone
shops to get the goods.