An angry mob has subjected an unidentified police officer to a severe thrashing following an incident involving a man named Yusuf. TechLife Media reports that the incident took place in the Ketu area of Lagos State. Eyewitnesses present at the scene said law enforcement officers, including the beaten policeman, were […]
Day: August 7, 2023
A 40 year-old banker, Andrew Nwadiashi and eight internet fraudsters has been convicted and sentenced to prison by Justice M. Itsueli of the Edo State High Court sitting in Benin City. The others are Osawa Marvellous, Etinosa Ogieva, Erharruyi Osaigbovo, Isaac Godstime Eghosa, Obasohan Kelvin, Evans Jessa Mike, Timothy Odion […]
The directors and associates of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank and Access Holdings were granted N112.77bn loans in 2022, an analysis of the financial statements of the lenders has shown. The banks’ financial year results and accounts for the period ended December 31, 2022, showed that […]
Bankly, a fintech company, has announced the launch of Bankly Microfinance Bank and a group savings feature on its app. Speaking recently in Lagos, the co-founder and Chief Executive Officer of Bankly, Tomilola Majekodunmi, said the microfinance bank was established to deliver straightforward banking solutions to diverse customers. Majekodunmi said, “We […]
The National President of the Nigerian Association Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has said that deviation from globally-acclaimed and acceptable standards in the issuance of certificates of origin for goods being traded internationally portends great danger for Nigerian businesses and nation’s economy, noting that such […]
Stakeholders have called for an overhaul of the country’s mortgage system to bridge the housing affordability gap. The call was made during a media interactive session organised by the Property and Environment Writers Association of Nigeria, in Lagos recently. The Managing Director of Legrande Properties Development Company Ltd, Jide Durojaye, […]
The Director-General, National Pension Commission, Aisha Dahir-Umar, has said PenCom is protecting the interest of contributors as funds rise under the Contributory Pension Scheme. The director-general, who was represented at the event by the Head, Corporate Communications Department, Abdulqadir Dahiru, spoke during the 2023 Journalists’ Conference in Lagos. She said, […]
The Federal Government has unveiled that it has partnered Wema Bank to establish micro, small and medium enterprise, MSME, digital hubs in seven states. This was disclosed in a statement signed by the Director of Information to Vice President, Olusola Abiola, saying the hub would empower one million youths with […]