Tuesday, September 17, 2024

 

Banking

Breach Of Contract:Satek Nigeria Ltd Sues Access Bank

A company, Satek Nigeria Limited, has dragged Access Bank Plc, before a Lagos High Court, over the Bank’s alleged refusal to refund a contract sum, after the said contract failed. Joined as second defendant in the suit marked...

Court Forfeits $2.04m Cash,7 Choice Ikoyi Properties, Shares Link To Ex-CBN Gov.Emefiele

Justice Akintayo Aluko of the Lagos Federal High Court, Lagos today ordered the interim forfeiture of $2, 045, million cash sum, linked to the embattled former governor of the Central Bank of Nigeria, Mr. Godwin Ifeanyi...

Unity Bank, ProvidusBank Announce Merger Approval From CBN

We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc, marking a significant milestone in the evolution of our respective institutions. This proposed...

Unpaid gratuities, Staff Savings, Court Refuses Ecobank’s Application For Stay …..Orders Payment Of N1,086,bn Judgement Debt To Court’s Escrow Account

Justice R. H. Gwandu of the National Industrial Court, Lagos has ordered Ecobank Nigeria Limited to pay the sum of N1,086,611,589.11 being judgement debt into the account of the Chief Registrar of the National Industrial Court, pending the hearing...

Court Orders Immediate Freezing Of Bastanchury Power Solutions’ Accounts In All Commercial Banks

The Federal High Court,sitting in Lagos has ordered immediate freezing of all Bastanchury Power Solutions Accounts in all commercial Banks in Nigeria. The court also ordered compulsory Annual General Meeting (AGM) of Bastanchury Power Solutions Nigeria Limited, in compliance...

Unpaid Gratuities, Staff Savings : Court Orders Ecobank To Pay N1.086bn To 1,742 ex- Oceanic Bank Employees

The National Industrial Court, Lagos Division has ordered Ecobank Nigeria Limited to pay the sum of N1, 086,611,589.11 to 1,742 ex- staff of Oceanic Bank who were denied thier legitimate entitlements by the banks. Honourable Justice R....

Court Dismisses Suit Challenging The Inscription Of Arabic On Naira Notes 

A Federal High Court sitting in Lagos presided over by  justice Yelin Bogoro today dismissed  a suit challenging the Arabic Inscription on the naira notes. The suit which was filed by a human right activist, Chief Malcolm Emokiniovo  Omirhobo  challenged...

First Bank confirms Alebiosu As MD, Ebong New  DMD

First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as the substantive Managing Director (MD) and Chief Executive Officer (CEO) of the bank. Updating the Nigerian Exchange Group about recent developments within the bank, the company’s Secretary,...
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Latest News

Breach Of Contract:Satek Nigeria Ltd Sues Access Bank

A company, Satek Nigeria Limited, has dragged Access Bank Plc, before a Lagos High Court, over the...
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KADPOLY Governing Council Chair Kemi Pinheiro Pledges Salary To Support Vulnerable Students

In an extraordinary act of generosity, Dr. Oluwakemi Pinheiro (SAN), OFR, the newly appointed Chairman of the Governing Council of Kaduna State Polytechnic, has...

Establish gardens, Embrace Entrepreneurship Ondo Government Directs Secondary Schools

The Ondo State Government has instructed all secondary schools in the state to establish school gardens and promote entrepreneurship. Education Commissioner, Hon Laolu Akindolire,...

UCTCH Boosts Patient Care With Cutting-edge Endoscopy Technique …these advanced procedures will enhance medical tourism – CMD

The University of Calabar Teaching Hospital (UCTH), has upscaled its range of clinical services and patient care with the introduction of cutting-edge endoscopic...

Kidnapping: Court Remands 2 Men Pending Extradition To UAE

Justice Deinde Dipeolu of a Lagos Federal High Court, has ordered the remand of two men, Alagbado Folawiyo Abiodun and Kumuyi Kehinde Babatunde,...