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Author Archives: seun

Why we are Holding on to Omisore efcc tells court as judge rules on bail friday

EFCC’s investigator, Kassim Yusuf, stated that Omisore had no justification for the the money received. Yusuf stated, “Investigation so far carried out, reveals that the applicant received hundreds of millions of naira from the office of the National Security Adviser, with nothing to show for it. “In the course of interviewing the applicant, he has mentioned names of persons and ... Read More »

Sen Dino Melaye spits fire Tinubu is already in menopause, not pregnable

Melaye says Tinubu is already in menopause, not pregnable Senator Dino Melaye represented Kogi West, on Wednesday debunked allegation to impregnate Senator Oluremi Tinubu adding that the woman has already entered menopause. Dino said this while addressing the newsmen on the issue that transpired on the executive session of the Senate. He said he raised the issue of suspending Senators ... Read More »

Bauchi: WHO IS AFRAID OF GOV. M. A. ABUBAKAR’S GIANT STRIDES

It was Seth Godin who said, “Criticisms comes to those who stand out”. This can aptly describe the M. A. Abubakar’s government. Hardly any week goes by without one form of criticism or attack on the governor on Social or Print Media. On face value, one would think these self-acclaimed preservers of democracy are using their freedom of speech to ... Read More »

Fitch Affirms UBA’s Viability Rating as Agusto Upgrades Rating to “Aa”

-as UBA stock now best performing on the exchange Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. UBA is one of the few banks with strong risk ... Read More »

Fitch Affirms GTBank’s rating at B+ with Stable Outlook

Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the Bank’s continuing strong earnings, and stronger-than-expected liquidity as the reasons for the revised outlook. ... Read More »

Lagos State Government Commends Skye Bank Management Partners Bank on Business Development

The Lagos State Government has expressed its confidence on the Board and management and leadership of Skye Bank noting that the bank is safe and in good financial health. In a circular released yesterday by the states Permanent Secretary Ministry of Finance/Accountant General, A. S Umar (Mrs), and circulated to the states MDA and Local Governments, she noted that the ... Read More »

Opinion!Fashola speech 7TH MONTHLY MEETING OF THE HON. MINISTER WITH OPERATORS IN THE POWER SECTOR

Issued at the end of the 7th monthly meeting of the Honourable Minister of Power, Works and Housing with operators of the Power Sector, Held on Monday, July 11 2016 at Benin Transmission Station, Edo State The Honourable Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) chaired the seventh monthly meeting of operators in the electricity industry in ... Read More »

Lagos City Mall Fetes Customers with Live Music Performance

Lagos, Nigeria, 11 July, 2016: Customers of Lagos City Mall were recently thrilled to a live rock music performance while shopping in the mall. The live music performance was part of efforts by the management of the mall to make shopping a fun affair. The rock performance which was a first of its kind event at the mall featured renditions ... Read More »

Court revokes order granted AMCON to take over Jimoh Ibrahim’s businesses

A Federal High Court in Lagos on Monday discharged an interim order granted the Asset Management Corporation of Nigeria (AMCON), to take over assets of business mogul, Jimoh Ibrahim, over alleged indebtedness. Jimoh Ibrahim Jimoh Ibrahim Justice Abdulazeez Anka set aside the ex-parte order following an application by counsel to AMCON, Yusuf Ali (SAN), that parties were exploring settlement options. ... Read More »