Union Bank, on Monday, sacked another 137 staff in continuation of the ongoing downsizing of its workforce as a result of the current reform in the banking sector. The affected staff were disengaged, following decision on outstanding disciplinary cases, while some were sanctioned for various acts of misdemeanour. Meanwhile, the bank has recruited another 150 graduates to reinvigorate its workforce. ... Read More »
A staff of the Item Street branch of the Diamond Bank Plc, Owerri, Mr. Daniel Chibueze Meshach is presently cooling his heels in the detention cell of the Imo state Police command for allegedly masterminding an armed robbery operation in the state. Daniel Meshach, 27, from Isingwu Ofeme-Ohuhu in Umuahia North council area of Abia state and two others were ... Read More »
A succession process that will culminate in Chief Keith Richards becoming a non- executive Chairman of Promasidor Nigeria Limited and Mr. Olivier Thiry becoming the Managing Director has begun. It would be recalled that Chief Richards a few months ago clocked sixty years. In a statement by the company, the current Chairman, Mr. Mark Rose said, “Keith Richards has done ... Read More »
The Nigeria Football Association (NFA) on Monday, imposed a 10-year ban on a member of the board, Mr Olaleye Adepoju, for allegedly receiving bribe from a football club. The Chief Media Officer of the NFA, Mr Ademola Olajire, said this in a statement issued in Abuja on Monday. Also affected by the ban, according to Olajire, is a former Commissioner ... Read More »
Former Managing Director of the defunct Concord Newspapers, Dr. Doyin Abiola has been arraigned before the Federal High Court, Lagos, for fraud. A statement signed by Police Public Relations Officer DSP Ngozi Isintume-Agu said that the Financial Malpractices Investigation Unit (FMIU) of Special Fraud Unit (SFU) said that between 2006 and 2008, as a Director of the Integrated Microfinance Bank, ... Read More »
The Dangerous Corruption game in Ogun state deepens last week as Naijahottestgist scooped that a Whopping 350m disappeared from the coffers of the Ministry of Education,the money is meant for the payment of student Waec fees for 2013. for months now,There has been serious talks that the only guys making serious bucks from the Ogun state Gorvenment are Prince Lanre ... Read More »
Douglas Ude had a visitor last Sunday and was driving with his wife to pick the person at Jibowu in Lagos. Along the way, armed robbers accosted them and rather than throw them out of the car, chose to drive with them (Douglas and wife) for an operation that night. Somewhere during the operation, the robbers encountered the police and ... Read More »
Guaranty Trust Bank plc has once again raised the service bar for African Financial Institutions, by upgrading its Social Banking offering on Facebook to accommodate Instant GTBank Account Opening. With this upgrade, prospective customers of the foremost Bank can open accounts and immediately get their account numbers while on Facebook, without having to visit any GTBank branch. Commenting on the ... Read More »
As part of its plan to take banking services to the Unbanked and under-banked segments of the Nigerian population, leading retail bank –Diamond Bank PLC – has met with officials of Women’s World Banking to map out strategies to advance financial inclusion for these segments in the country. Speaking at the press conference which was held after the meeting, Executive ... Read More »
The Economic and Financial Crimes Commission has arrested one Kingsley Mudi over alleged ATM fraud. It was learnt that Mudi was caught red-handed on August 2, 2013 at Fidelity Bank ATM on Airport Road, Warri, Delta State. EFCC spokesman, Wilson Uwujaren, said 30 ATM cards of different banks were also found on him. Uwujaren said, “As of the time of ... Read More »
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