Access Holdings Plc Secures SEC Approval for N351 Billion Rights Issue
Access Holdings Plc, one of Africa’s leading financial services groups, today announced that it has received approval from the Securities...
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Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer
Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of...
Transcorp Group Reports Impressive N142 Billion Revenue, N58.8 Billion PBT at 18th AGM
Transnational Corporation Plc (Transcorp Group or the Group), Nigeria’s leading listed conglomerate, announced 57% revenue growth, from N90.3...
FCMB Group: Shareholders Approve Issued Capital Increase and ₦150 Billion Capital Raise
…100% dividend increase from 2022 L-R: Group Chief Executive, FCMB Group Plc, Mr. Ladi Balogun; Chairman of the Group, Mr. Oladipupo...
EFCC, TAJBank Clash Over Forfeited N1.2 Billion Property in Court
In a contentious legal battle, non-interest banking services provider TAJBank Limited has challenged a federal high court’s final forfeiture...
GTCO Announces N94 Billion Dividend Payout for FY 2023: A Detailed Analysis
Guaranty Trust Holding Company (GTCO) Plc has recently declared a total dividend payout of N94.180 billion for the financial year...
Milan Industries claims N850 billion damages against AMCON
…Over wrongful sale of Intercontinental Hotels The Milan Industries Ltd, owners of Intercontinental Hotels, Lagos has filed Eight Hundred and...
Big Setback As Moruf Oseni’s Wema Bank Incurs Over N9 Billion In Court Cases, As Recapitalisation Looms
As Central Bank of Nigeria, CBN's bank recapitalisation looms, Omonaijablog can reports that Moruf Oseni’s led Wema Bank PLC...
Nigerian Breweries embarks on strategic recovery plan, to undertake ₦600 billion Rights Issue.
Foremost brewer, Nigerian Breweries Plc, has begun the implementation of its strategic Business Recovery Plan aimed at securing a resilient...
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Aftermath Of Being Defrauded Of N1.7 Billion in 2022: Globus Bank Suffers Another Loss Of N900 Million
Just like it happened about two years ago when Globus bank Ltd was defrauded to the tune of N1,755,376,156.34...
Nigerian Digital News Platforms Attracted 1.6 Billion Visits in 2023
RANKED, a digital news ranking report by SquirrelPR tracked 80 of Nigeria’s most influential digital news platforms from January to December 2023...
How Moruf Oseni’s Wema Bank Incurred Over N8 Billion In Court Cases, Lost N239 Million To Fraudsters
Moruf Oseni’s Wema Bank incurred N8.067 billion in court cases as at September 2023 and also lost N239.920 million...
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30,...
Sterling Commits N1 billion to Agro-Innovators for ASA 2023
Agric Summit Africa (ASA), known for its significant contributions to the agriculture sector, proudly announces the forthcoming 5th edition...
Globus Bank Faces Litigation Over N170 Billion Request By State Government
Globus Bank is in big mess over N170 Billion deal as Enugu Laywer threatens legal tussle. A concerned citizen...
How Ex-FIRS Chairman, Muhammad Nami Approved N11 Billion Suspicious Payment After His Sack
After his sudden exit as chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami went on to approve N6...
Unity Bank Grows Gross Earnings to N27.5 Billion in H1’2023
Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42...
DSS Investigates Olam Over $50 Billion Fraud, Invites Company’s Top Officials
DSS is investigating a mega economic fraud involving Olam Nigeria Limited, Olam International and their nine subsidiaries to the tune...
Ecobank Nigeria to Appeal Honeywell’s Purported N72 billion Court Judgement
Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon....
Onajite Okoloko Allegedly In Multi-billion-naira Debts To Estranged Wife’s Company, Enmeshed In Divorce Scandal
Nigerian businessman, Onajite Okoloko allegedly owing his estranged wife, Salma Okoloko, and her company, Techtonic Oil $37 million...
Akinola George Taylor Led Heritage Bank Head of IT Diverts N49 Billion into Separate Accounts, Disappears
Heritage Bank led by Akinola George-Taylor, one of Nigeria’s lending establishments is once more engulfed in the web of severe...
IG Usman probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election
The Inspector General of Police, Usman Baba, has directed police commissioner Olanrewaju Oladimeji in Ogun to investigate Governor Dapo Abiodun...
How Customer’s N1.7 Billion Billion Fraudulently Stolen From Globus Bank
Globus Bank Limited, one of the new entrants into the Nigerian banking sector, led by Peter Amangbo as chairman and...
FG Sues Elixir Asset Management Limited To Court Over N3 Billion Investments Fraud
The Federal Government has sued Elixir Asset Management Limited and E, along with two of their directors at the Federal High...
Governor approves N2 billion for purchase of vehicles for self, deputy, days to handover
Barely 18 days to the end of his tenure, the Governor of Taraba State, Darius Ishaku, has approved N2 billion for...
ZENITH BANK DELIGHTS SHAREHOLDERS, PAYS MILESTONE N100.47 BILLION DIVIDEND
At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos,...
Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3% y-o-y, declares dividend of 30kobo per share
Wema Bank Plc, Nigeria's most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into...
