FCMB:Court Freeze $3Million in Enerbett International account

Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, July 15, 2021, ordered the final forfeiture of the sum of $3,719,855.94 found in the account of a company, Enerbett International Ltd., to the Federal Government. Justice Aneke gave the order, following an ex-parte application filed by the Economic and Financial […]


Zenith Bank Plc has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021. The award, which was announced in the July 2021 edition of the World Finance Magazine, was based on individual banks’ ability to adapt to a continually evolving technological environment while maintaining top-class customer relations and bolstering […]

Debt:Court Freeze PC Outlet MD,Okonjo bank accounts

A Federal High Court sitting at Ikoyi, Lagos State, has granted an order freezing and attaching the bank accounts to which the Managing Director of PC Outlet Limited Company, Mr Onyema Okonjo and two other directors of the company: Messrs Kenneth Njoku and Ernest Awuionu are signatories and maintain in 15 commercial banks in Nigeria. The […]

Sterling Bank staff hacks N51 Million from customers account with forged NIN,activates mobile banking app

The Economic and Financial Crimes Commission, EFCC, has arrested three bankers working with Sterling Bank for alleged case of conspiracy, stealing, forgery and obtaining money by false pretence. The suspects, Kagha Emmanuel Uchenna, Okoro Chinasom Davidson and Egbogu Emmanuel Obiora, who are employees of Sterling Bank, allegedly conspired and defrauded a customer of the bank […]

Trouble in Lekoil as board fires CEO, Olalekan Akinyanmi

Lekoil Limited, an oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the termination of contract of appointment of its Founder/Chief Executive Officer (CEO), Olalekan Akinyanmi, with immediate effect. What Lekoil is saying in its statementA statement issued by the company on Thursday, June 3, 2021, announcing […]

Tayo Amusan Acquires Shoprite Nigeria franchise

Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite stores in Nigeria, by Ketron Investment Limited, a Nigerian company owned by a group of reputable institutional investors led by Persianas Investment Limited. The divestment by Shoprite International is in line with its strategy to change from an ownership model to a franchise model. This […]


Corporate organizations have been urged to avoid losses hindering the growth as a result of lack of background checks and due diligence on their employees. The CEO of Background Check International, Mr Kola Olugbodi says The issue of background check has become a critical one considering its overall importance to corporate governance.   According to him,In […]

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