News

Police arrest CEO of Afriq Arbitrage System Jesam Michael over alleged $87m fraud

The Nigeria Police Force has taken a significant step in the ongoing fraud investigation involving Afriq Arbitrage System (AAS) by…

Zenith Bank obtains regulatory approval for N350bn raised in hybrid offer

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.…

Globacom’s CEO, Ahmad Farroukh steps down after one month

Ahmad Farroukh, a seasoned executive with prior stints at MTN and Smile Communications, reportedly struggled to align his management style…

Negligence: Court Slams N2.9bn Judgement On Standard Chartered Bank

Justice Akintayo Aluko of a Federal High Court, Lagos, has awarded a total sum of N2,973.000.000 billion, against Standard Chartered…

Court orders arrest of Access Bank’s MD, Bolaji Agbede, others over alleged property theft

Justice Ibironke Harrison of the Lagos State High Court has ordered the arrest of Access Bank’s acting Managing Director, Bolaji…

World Bank Group Debars Viva Atlantic Limited, Technology House Limited, and their Managing Director, Chief Executive Officer

The World Bank Group today announced the 30-month debarment of two Nigeria-based companies—Viva Atlantic Limited and Technology House Limited—and their…

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