FRAUDULENT ACTS AND LACK OF BACKGROUND CHECKS IMPEDING ORGANIZATIONAL GROWTH

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 […]

AfDB bans Maxicare Nigeria Ltd for 36 months over fraudulent practices

The African Development Bank Group on Wednesday announced 36-month debarment on Maxicare Company (Nigeria) Limited. The company blacklisted by AfDB is owned and founded by Christopher Osuala. In a statement titled ‘African Development Bank debars Maxicare Company (Nigeria) Limited for 36 months for collusive and fraudulent practices’, it said this took effect from 23 February […]

Ex Nigerian Banker makes $1Million in Crypto public sales

To the surprise of the cryptocurrency world, AFEN, the first government-backed NFT initiative, held one of the quickest public sales in the crypto space on April 20th, 2021. Raising over a million dollars in her token’s sales round. Deborah Ojengbede, Chief Executive Officer of the AFEN group and a former banker, is in charge of […]

GTBank Shareholders Endorse N3.00 Total Dividend for 2020, Applaud Agbaje’s Leadership

Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total dividend of N3.00 per share to shareholders for the financial year ended Dec. 31, 2020. This endorsement was made on Friday, April 9th, 2021, at the Bank’s 31st Annual General Meeting (AGM) held in Lagos. The bank had […]

Elumelu: Youth Restiveness Ticking Time Bomb for Africa, Others

– Tony O. Elumelu, CON, Chairman of United Bank for Africa, Heirs Holdings and Founder of the Tony Elumelu Foundation speaks to 21,000 youth at the Joshua Generation International Youth Conference at the University of Nigeria, Nsukka. The Chairman of the United Bank of Africa (UBA), Mr. Tony Elumelu, has stressed the need to unlock […]

CBN freeze 11 Bank Accounts under investigations

A federal High Court has granted Central Bank of Nigeria an interim order to freeze 11 bank accounts belonging to businessman, Albert Ugochukwu,Balfour Energy and Allied Services and others, GISTMASTER gathered. The CBN had in a motion ex parte dated March 16, prayed the court for an order directing First City Monument Bank (FCMB) to […]

GTBank declares N238Billion Profit Before Tax

Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges.A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, reflecting the quality of past decisions […]