Old Bank cheque no longer tenable from April 1st

To improve the security of your transactions and make cheque processing faster and more secure, your cheque book has been redesigned in line with the new standards outlined by the Central Bank of Nigeria (CBN). Please note that effective 1st April 2021, old cheques will no longer be accepted in the cheque clearing system. How […]

Fidelity Restates Support To Small Business As Enugu First Lady, ABCON Commend Bank

Fidelity Bank Plc, top Nigerian lender has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that would significantly improve their overall contributions to national development. Fidelity CEO, Mrs. […]

Heirs Holdings expands portfolio in Oil and Gas, acquires OML 17 from SHELL Petroleum,TOTAL and ENI

Tony Elumelu’s Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of […]

“Captain Hosa Okunbo is a fraud”-Tunde Ayeni alleges

Mr Tunde Ayeni has alleged that his business partner of 17 years,Captain Hosa Okunbo is a fraud. This allegation is coming months after Okunbo lost billions of naira in the Edo state election, where the candidate he sponsored lost the gubernatorial election to Governor Obaseki. Ayeni says Okunbo cheated him out of a business they […]

Justice Okunnu jailed former Finbank MD,Okey Nwosu

Justice Lateefa A. Okunnu of the Lagos State High Court sitting in Ikeja, on Tuesday, convicted and sentenced Mr. Okey Nwosu, former Managing Director, Finbank Plc, to three years imprisonment for over N10.9 billion fraud. The Economic and Financial Crimes Commission, EFCC, had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma Ocholi on a […]

Justice Okunnu jailed former Finbank MD,Okey Nwosu

Justice Lateefa A. Okunnu of the Lagos State High Court sitting in Ikeja, on Tuesday, convicted and sentenced Mr. Okey Nwosu, former Managing Director, Finbank Plc, to three years imprisonment for over N10.9 billion fraud. The Economic and Financial Crimes Commission, EFCC, had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma Ocholi on a […]

ALPHA DIRECT, OTHERS WIN AFRICA REINSURANCE AWARDS 2020

The African Reinsurance Corporation (Africa Re) expresses its sincere gratitude to all the participants and the judges of the just concluded 6th African Insurance Awards. Over 1,250 professionals took part in the 2020 edition which was held virtually this Friday, 18 December 2020. The winners of the four categories of awards were revealed as follows: […]