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Embattled Etisalat mulls Nigeria exit after debt restructuring
Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion loan, but wants the company's...
Fayemi files N3b libel suit against Fayose’s spokesman, lawmaker
Minister of Mines and Steel Development, Dr. Kayode Fayemi, has sued a member of Ekiti State House of Assembly, Dr. Samuel Omotoso, and Special...
Skye Bank ignores FG’s order, fires 175 workers
The gale of retrenchment blowing across financial institutions in Nigeria hit 175 workers of Skye Bank Plc who were relieved of their jobs on...
Nigerian Breweries tops losers chart as NSE market capitalisation drops N22b
Transactions on the Nigerian Stock Exchange opened on Monday on a negative trend with the market capitalisation dropping by N22 billion.
The market capitalisation, which...
Appeal Court dismisses Yunusa’ ex parte order against Honeywell
The Court of Appeal sitting in Lagos on Wednesday dismissed the ex parte order granted against Honeywell Flour Mills Plc in favour of Ecobank.
Justice...
UBA appoints Kennedy Uzoka as new GMD/CEO
At a meeting held at UBA House, the UBA Group Board on Tuesday approved the appointment of Kennedy Uzoka as the new Group Managing...
Appeal Court reserves judgment in Honeywell’s petition against Yunusa’s ruling
The Court of Appeal sitting in Lagos on Monday reserved judgment on the appeal filed by Honeywell Group against a November 18, 2015 ruling...
Veteran actor, Olumide Bakare, seeks financial assistance to undergo surgery
Veteran actor, Olumide Bakare, who is currently on admission at the University College Hospital, UCH in Ibadan, Oyo State is seeking financial help from...
Otudeko bags business person of the year award
Executive Chairman of Honeywell Group, Dr. Ayoola Oba Otudeko, has been voted Leadership Business Person of the Year 2015 by the Board of Leadership...
Ex-bank manager remanded in EFCC custody over N15m fraud
An Ikeja High Court on Monday remanded a former Oceanic Bank manager, Efe Egube, in the custody of the Economic and Financial Crimes Commission...