CoralPay has deployed the first interoperable USSD and mobile payment platform to Nigerians desirous of a seamless and secure payment solution. The solution, which fulfills the mantra of being Africa’s Gold Standard for payments, allows for enhanced interoperability amongst stakeholders in the payment ecosystem.
A Federal high court sitting in Lagos south west Nigeria has restrained Diamond bank Plc and its appointed Receiver /Manager, Mr. Babajide Koku and any of their agents from exercising any right of a secured credit over an Aircraft, Bombardier DHC-8-Q315 with registration number 5N-TBA owned by
Former Chairman and Managing Director of Skye Bank Plc (now Polaris Bank) – Tunde Ayeni and Timothy Oguntayo – have been arraigned in relation to alleged money laundering offences involving about N4.75billion and $5million.
Despite his established reputation for being imperious and shrewd and coldly aloof, those who know Segun Agbaje, the Group Managing Director/CEO of Guaranty Trust Bank posit that he could be pliable and servile when it has to do with anything that would help to position his bank as an industry leader. Those who hold these views also concede that for his wife, Derin, however, he could throw anyone under the bus if it would make her just grin.
And he literally did just that when he subjugated a normal tradition in GTB on the
The Economic and Financial Crimes Commission has taken into custody the surety of the managing director of Fidelity Bank Plc, Nnamdi Okonkwo, after the suspect jumped the administrative bail granted him by the commission.
Chris Ezem, who stood as surety for the Fidelity Bank boss, was arrested by
Some become brothers through the accident of a shared parenthood but there is nothing tangible that binds them together beyond blood. Others, however, have meticulously forged their brotherhood in a furnace of shared experiences, tightening their bond as they help each other duck and escape the slings and arrows life shoots their way.
That very talented banker and chairman of UBA Group Tony Elumelu is close to
These days, the Owerri, Imo State branches of two popular banks Access Bank and Ecobank resemble a hive of restive bees as top management frantically run hither and yon in a bid to avoid being crushed by the executive hammer which is aimed in their direction.
The two banks are in the eye of the storm following the
At two separate court ordered Extra-Ordinary General Meetings held in Sokoto, shareholders of Cement Company of Northern Nigeria (CCNN:NL) and BUA Group’s Kalambaina Cement Company voted overwhelmingly to approve the merger of the two cement companies, pending final regulatory approval. In what is said to be the
While it may be impossible to gauge the soul-deep grief and visceral sense of loss being experienced by Pastor Idowu Iluyomade, the flambouyant pastor of Redeemed Christian Church of God, City of David parish, Lekki, Lagos, over the
Trading house Aiteo, which had prospered under Goodluck Jonathan’s tenure, has recently had to start making hefty repayments to creditors that had helped the firm buy the giant OML 29. Aiteo founder and CEO, Nigerian businessman Benedict Peters, is using this as an opportunity to
The MD/CEO of Zenith Bank, Peter Amangbo, has charged the players of the country’s U-17 team, the Golden Eaglets, to be more disciplined as their talents alone cannot take them to the pinnacle of their career.
Less than 6 months after commissioning its 1.5million mtpa Kalambaina Cement Plant in Sokoto state, BUA Cement, has announced that it has completed construction of its newest Cement Factory – The 3million MTPA Obu II Cement plant, Okpella in Edo State, Nigeria. This will bring the total
As part of efforts to address building collapse in Nigeria, BUA Cement, a subsidiary of BUA Group has enlightened block and concrete makers on how to apply the right mix of Cement with other components to ensure only standard blocks and concretes are produced.
After the court verdict of October 24, 2018 which seemingly asked Senator Attai Aidoko to vacate the Senate for Air Marshall Isaac Alfa, the embattled Aidoko has gone all out to pacify stakeholders, especially elders, in Kogi East. He is said to be on a visiting and spending spree with Greek gifts ranging from cash to promises of SDG contracts.
Gradually, Fola Ogunlesi, the prosperous proprietor of popular events centre, Fantasyland on Kingsway Road, Ikoyi, Lagos, is getting his groove back. In the wake of his bitter separation from his ex wife, Omolewa, Fola was shown the physical interpretation of hell hath no fury like a woman scorned.
Eyebrows are being raised in Kogi East Senatorial district following revelations that embattled Senator Atai Aidoko polled 712 votes to beat all other candidates at the Peoples’ Democratic Party (PDP) primaries that never held.
Although he likes to play it cool and dissociate himself from the political scene and its many drama,yet, those in the know are quipping that one of the men who will stand as a financial backbone to the presidential candidate of the People’s Democratic Party, PDP, Alhaji Atiku Abubakar is the chairman of telecoms giant, Globacom, Dr. Mike Adenuga Jnr.
Angry, antagonistic politicians in Lagos State may be hitting their heads against the wall, circling and waiting to swoop on Niyi Makanjuola, a 30-something year old dark-hued dude behind the much-talked about Visionscape, over his company’s multi-million dollar deal with Lagos State, but the billionaire young man is not losing any
A Federal High Court sitting Ikoyi has certified judgment delivered by the High Court of Justice Queen’s Bench Division and upheld by the Supreme Court of the United Kingdom, directing Shebah Exploration & Production Company Ltd, Allenne Ltd and its president, Dr. Ambrosie Orjiako to pay African Export-Import Bank, Diamond Bank Plc and Skye Bank Plc a sum of $144.2 million being the outstanding and accrued interest of a facility granted to the defendants in 2011.
For Nigerian billionaire and lawyer, Barr. Olatunde Ayeni, it has become a case of one day, one trouble as the defunct Skye Bank former Chairman has continued to swim in the sea of controversies amidst financial improprieties.
BUA Titans, the football team of BUA Group on Monday October 1, emerged champions at the 2018 Standard Chartered corporate Cup Nigeria – a five-a-side football tournament hosted by Standard Chartered Bank in Lagos, Nigeria in partnership with Liverpool FC of England.
Lagos State Governor, Mr Akinwunmi Ambode on Wednesday congratulated the winner of Tuesday’s governorship primaries of All Progressives Congress (APC) in the State, Mr Babajide Sanwo-Olu, saying it was time for the State to
Yes, Ella Peters is the deity behind the eminence of billionaire businessman behind Aiteo Group, Benny Peters. Without Ella, Benny would be no extraordinary man. There is no gainsaying Ella dwarfs too many of her peers in womanliness, valour and character.
It wouldn’t be hyperbolic to say that Dr. Tunde Ayeni has a patriot’s heart and the soul of a revolutionary. This is to assert the fidelity and stoic perseverance of the genius within the footholds of power and a troubled oil sector.
Yes, despite his exit from Skye Bank, where he served as chairman, the cascade of blows against the successful lawyer turned business magnate has neither softened nor ceased.
At the moment, Ayeni is battling tooth and nail to
The trailer for RedTV’s anticipated new Series The Men’s Club is out ahead of its October 8th premiere. The series, directed by Tola Odunsi and written by Dami Elebe, promises to be an intriguing watch especially as it stars some of your favourite stars.
When men of the underworld strike, they hardly take into consideration the status of their victims; and in most cases when they do not leave trail of blood, the leave behind indelible scar of losses and psychological trauma. In fact, in some cases, the higher their victims’ statuses, the likelier they are to pounce on them and wreak havoc.
Not even being a former wife of ex-President Olusegun Obasanjo could rescue
The Managing Director/Chief Executive, Transcorp Hotels Plc, Mr. Valentine Ozigbo, was on Friday conferred the award of a Distinguished Alumni of the Lancaster University. The award was conferred on him at a special convocation ceremony of the university held at its Ghana Campus.
The University’s Vice Chancellor, Prof. Mark Smith, who
The Peoples Democratic Party (PDP) leadership in Kogi-State has handed down a serious warning to the PDP national leadership that there is no automatic ticket of anybody in the upcoming 2019 general elections. The signal