Saturday, December 14, 2024

 

Banking

Court Awards N10m Damages Against Access Bank For Illegally Freezing Customer’s Account

Justice Ayounle Faji of a Federal High Court, has awarded a N10m damages against Access Bank Plc, for illegal freezing the account of one of it’s customers. Justice Faji while delivering judgement in a suit marked FHC/L/CS/2461/2023, held...

Firm Petitions EFCC, Demands Investigation Into Alleged Attempt By Ecobank To Defraud It Of $285,006

A customer to Ecobank Nigeria Plc Moriah Trust Limited and its alter ego David Nwedu have sent a petition to the Economic and Financial Crimes Commission (EFCC) asking the anti - graft agency to investigate and uncover all fraudulent...

Henrietta Ugboh Appointed As An Independent Non-Executive Director At UBA ……. As Owanari Duke retires from Group...

Henrietta Ugboh Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria (CBN). Commenting on...

Your Welfare Is Sacrosanct, Ogun Govt Tells Workers

The Ogun State government said it remains steadfast in its resolve to work closely with the Labour Unions and their affiliates to create an enabling environment for the well-being of its workers. The State's Head of Service, Mr. Kehinde Onasanya,...

Alleged N5.4bn Shares: Barbican Capital Seeks Out- of -Court Settlement With FBN Holdings, Others

An investment firm, Barbican Capital Limited, has asked the Federal High Court sitting in Lagos to strike out the suit it filed against FBN Holdings in order to explore an amicable resolution of the dispute. The plaintiff, Barbican Capital...

Court Imposes N1.8bn Damages Against Access Bank Over Unlawful Deductions, Fictitious Accounts

A Federal High Court sitting in Lagos has awarded a damage sum N1.817,690,414. 65 billion against Access Bank Plc for unlawful deductions and opening of fictitious accounts. Justice Ambrose Lewis-Allagoa ordered Access Bank Plc to pay the sum...

Court Fixes Nov.1 For Ruling in Final Forfeiture Of Over $2.045m, Properties Linked To Emefiele

Justice Deinde Dipeolu of the Federal High Court in Lagos has fixed November 1, 2024 to rule on the application by the Economic and Financial Crimes Commission for final forfeiture of the $2.045million, seven choice landed properties and shares...

Illegal’ Eviction: Jolaoso Family Begins Contempt Proceedings Against AMCON, Others

The alleged owners of a property in Victoria Island, Lagos, have initiated contempt proceedings at the Federal High Court , Lagos against the Asset Management Corporation of Nigeria (AMCON) for evicting its tenants despite a pending court case on...

CBN Debunks Allegations Against GTCO, Executive Management

In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN) has set the record straight by debunking false allegations being peddled against GTCO and its Executive Management by faceless and unqualified...

FG Re-Arraigns Ex-Gulf Bank MD , Britton , Others On Alleged N15.7bn Fraud

Mr. Johnson Adeyeba, Ex-MD of the Defunct Gulf Bank The Federal Government of Nigeria on Tuesday re-arraigned the former director and shareholder of the defunct Gulf Bank Plc, Mr Johnson Adeyeba, the Managing Director, and Executive Officer Mr....
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Latest News

Gov. Abiodun Felicitates Akinwunmi Adesina On ‘African Of The Decade Award’

Ogun State Governor, Prince Dapo Abiodun has congratulated the President of the African Development Bank (AFDB), Dr. Akinwunmi Adesina,...
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UK Returnee Remanded For Alleged Smuggling ‘Loud’ To Nigeria

A Federal High Court, Lagos, has remanded a United Kingdom returnee, Olu Marshall, in the Correctional center, for allegedly import 700 grams of Canada...

Lagos bizwoman jailed 17 years for N57.6m fraud

A Lagos State High Court in Ikeja on Thursday convicted and sentenced a businesswoman, Oluremi Phillips, to 17 years imprisonment for defrauding a...

NCAA,NAMA,NiMet Visit Ogun,Certify Gateway Airport For Commercial Operations

A cross-section of regulatory agencies in the aviation industry visited the Gateway International Agro-Cargo Airport located along the Ilisan-Iperu axis of Ogun State on...

Court Imposes N3m Fine On 56 -Year-Old For Dealing In 517kg Of Cannabis, 112.9 Liters Of Codeine Syrup

A Federal High Court sitting in Lagos today convicted and sentenced a 56-year old Mushin-based, drug dealer, Kazeem Isiaka to three years imprisonment...