Energy expert Dan Kunle has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s capacity to meet domestic demand, is a disservice to the country.
In a shocking turn of events, Abdulrahman Bashar, the influential owner of Rahmaniya Group and Ultimate Oil & Gas, has been sentenced to one year in prison by a Dubai court for a major financial crime involving a staggering 126.45 million dirhams.
Abubakar Sambo, the director of Finance and Account of the Rural Electrification Agency, was on Monday re-arraigned by the Independent Corrupt Practices and Other Related Offences Commission, ICPC, for alleged N1.84 billion fraud.
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades.
A Federal High Court, Lagos, has fixed February 27, for the arraignment of one of Senator Musiliu Obanikoro, Gbolahan and four others over alleged conspiracy, obtaining by false pretence and N1, 356, 057, 330. 43 billion fraud.
Nigeria’s leading commercial bank, Sterling Bank Limited, has petitioned the Inspector General of Police (IGP) to address a series of fraudulent and malicious schemes of Miden Systems Ltd and its director, Dr. Brendan Innocent Usoro, who has resorted to using the National Assembly and the Police Force CID to harass the Bank in a blatant bid to to defy and evade compliance with a binding court-ordered debt settlement.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar specifically dedicated towards informing and educating small and medium business owners on the 2024 withholding Tax Regulations recently implemented by the federal government.