The Asset Management Corporation of Nigeria (AMCON) on Friday said it has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an…
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Category: Business
Supreme court rules that Akingbola has case to answer in N5bn fraud suit
The Supreme Court on Friday ruled that, Erastus Akingbola, the former managing director of the now-defunct intercontinental bank plc, has a case to answer his alleged five billion Naira fraud…
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CBN lifts retail SMIS with $293m
The Central Bank of Nigeria (CBN) on Friday, May 18, 2018, lifted the Retail Secondary Market Intervention Sales (SMIS) of the Inter-bank Foreign Exchange Market with the sum of $293m.…
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UBA innovates with another first, ‘UBA Learn’ targeted at empowering students
The pan-African Financial Institution, United Bank for Africa(UBA) has introduced a unique and innovative product, called ‘UBA Learn’ targeted at helping students achieve all round academic success. The Product, an online…
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NEC ask NNPC, others to refund N526bn, $21bn to federation account
The National Economic Council (NEC) on Thursday demanded the refund of N526billion and $21b unpaid by the Nigerian National Petroleum Corporation, (NNPC) and 16 other revenue generating Agencies. The total…
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