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Old English Supermarket Opens in Ibadan, Expands South-West Presence

Written by 28 September, 2024
OldEnglish Superstores & Bakery has officially opened a new outlet in Bodija, Ibadan, further extending its reach across South-West Nigeria.

As UBA Plc Prepares For Recapitalization BY FUNSHO AROGUNDADE

Written by 23 September, 2024
For the United Bank for Africa (UBA Plc), its rich history is matchless. With its origins dating back to 1949, the bank which prides itself aa Africa's global bank has carved its niche as a leading financial institution in sub-Saharan Africa, growing into one of the continent’s most influential banks.

TY Danjuma Buys Jite Okoloko’s Fertiliser Company, Notore, For $150m

Written by 30 August, 2024
Thomas Etuh, founder of Tak Agro, in partnership with Theophilus Danjuma’s TY Holdings, has acquired Notore Chemical Industries Plc in Onne, Rivers State, for $150 million, BusinessDay has learnt.

Cloud Computing: Key Security and Privacy Issues of Cloud Services By Bukunmi Ofili

Written by 30 August, 2024
Cloud computing is the delivery of computing services such as servers, storage, databases, networking, software, and analytics, over the Internet i.e. the cloud. Cloud computing allows the on-demand delivery of IT resources over the internet with pay-as-you-go pricing allowing you to pay for just what you use which is often considered a better option to buying and maintaining the physical infrastructures yourself.

Lotus Bank's N1.13 Billion Nightmare Leaves Customers in a Tailspin over Security Measures Amid Financial Catastrophe!

Written by 30 August, 2024
In a shocking twist that has sent ripples through the financial sector, Lotus Bank has reported a staggering loss of N1,134,491,604.31 due to a major system glitch that allowed customers to execute transfers without proper debit instructions on their accounts.

FRAUD FURY ROCKS FIRST BANK!… $29 Million Scandal Sends Shockwaves Through Nigeria's Top Financial Institution

Written by 23 August, 2024
First Bank, one of Nigeria's leading financial institutions, is grappling with a significant crisis following a major fraud scandal that has led to the dismissal of over 100 employees and prompted an urgent reassessment of its leadership and internal controls.

United Capital Plc Launches Ucee Microfinance Bank, Set To Revolutionize Banking In Nigeria

Written by 19 August, 2024
United Capital Plc, a leading African financial and investment banking group, has officially launched its 7th subsidiary, Ucee Microfinance Bank, a digital-first microfinance bank.

N12BN FRAUD SCANDAL: Former First Bank Employee Accuses Oba Otudeko, AddressHome boss, Bisi Onasanya of Massive Fraud

Written by 19 August, 2024
A former First Bank of Nigeria Limited employee, Adesuwa Ezenwa, has accused billionaire industrialist Oba Otudeko and former Managing Director Bisi Onasanya of massive fraud during Otudeko's tenure as chairman of FBN Holdings Plc.