Wednesday, April 21, 2021



Ground Rent: Borno govt seals defaulting commercial banks

The Borno State Government on Thursday clamped down on commercial banks operating in Maiduguri that failed to update their documents.

AMCON to recover N4.4tn debt nationwide – Spokesman

The Asset Management Corporation of Nigeria, AMCON, says it is pushing hard to recover the N4.4 trillion debts owed the company in failed financial institutions took over its liabilities.

NSE loses 0.25%, amid profit-taking on Tier 1 banks

Negative sentiments continued on the Nigerian Stock Exchange, NSE, on Thursday with the market indices dropping further by 0.25 per cent, amid sell pressure...

EFCC arraigns prison comptroller for employment scam

The Economic and Financial Crimes Commission, EFCC,  has arraigned a serving Deputy Comptroller of Nigerian Correctional Service, NCoS, Abubakar Mohammed-Sani, on a six count charge of conspiracy and obtaining by false pretense.

UBA launches hybrid account to foster saving culture among Nigerians

In a move to transform the lives of its customers, United Bank for Africa, UBA, has launched a hybrid account tagged ‘UBA Bumper Account’.

UBA, GTB, 5 other banks pay N144.99m fine to financial regulators in Nigeria

Seven banks quoted on the Nigerian Stock Exchange, NSE, paid N144.99 million as fines to regulators in 2018 for various contraventions. Investigations by the News...

Nigerian gov’t to pay N88bn to victims of civil war

The Federal Government has agreed to pay N88 billion as compensation to victims of the Civil War in some affected states in the country. This...

Merge cases against me into one, Dasuki begs court

By Nazifi Haruna A former National Security Adviser, Sambo Dasuki, has sought the consolidation of cases against him as trial in the alleged N2billion public fund diversion...

Market indices record 0.21% loss

The market indicators of the Nigerian Stock Exchange (NSE) on Thursday closed on a negative territory, dropping by 0.21 per cent due to sell...

UBA nets N315b, posts N22b dividend

United Bank for Africa (UBA) Plc has recorded considerable growths in the top-line and bottom-line in 2015, grossing N314.83 billion for the 2015 financial...

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