L-R: Engr Balogun, Aero MRO; Engr Babanya, Head of Transport, NSIB; Engr Esosa, Legal NSIB; Capt Alex Badeh Jr., Director General, NSIB;…
BUSINESS
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The Nigerian stock market extended its downward trend on Tuesday, February 25, 2025, as the market capitalisation of listed equities shed N215…
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BUSINESSFEATURED
Bank Recapitalisation Update: Access, Zenith Meet Deadline As Fidelity, FCMB Need To Raise More Capital
by Alien Mediaby Alien MediaTwo of Nigeria’s largest banks, Access Holdings and Zenith Bank, are the first to secure enough fresh capital even as Fidelity Bank,…
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BUSINESSFEATURED
Court Orders Forfeiture Of Bank Shares Worth N6.3b To Federal Government
by Alien Mediaby Alien MediaJustice Rahman Oshodi of a Lagos Special Offences Court, Ikeja has ordered forfeiture of 6.3 billion units of ordinary shares of Keystone…
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BUSINESSFEATURED
N1.2 Billion Stolen As Hackers, Staff Members Compromise Sterling Bank’s Sensitive Data, Security System
The Police Special Fraud Unit (PSFU), Ikoyi, Lagos has nabbed three men and two women for allegedly compromising Sterling Bank PLC’s banking…
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Diezani Alison-Madueke, former Minister of Petroleum Resources, has distanced herself from the $52. 8m recently repatriated to Nigeria from the United States…
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• App Goes Offline Hours Before Ban Comes Into Effect TikTok’s app was removed from prominent app stores on Saturday just before…
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President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several…
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BUSINESSFEATURED
Debt Recovery: Sir Johnson, Arik, Rockson And Ojemai Farm Still Owe AMCON Over N455Billion
Facts have emerged that the total debts of Sir Johnson Arumem-Ikhide, the owner of Arik Air, is still indebted to the Asset…
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The Nigerian Communications Commission (NCC) has ordered telecommunication companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine banks…