Kunle Awosika

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.

Accolades and commendations pour in for the debonair Wale Tinubu, the illustrious Group Chief Executive of Oando PLC as he completes a staggering $783 Million acquisition of Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni, marking the biggest oil and gas deal in Nigeria's history. This monumental deal, valued at a whopping $783 million, is not just a financial triumph; it’s a game-changer for Nigeria’s energy landscape.

FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover. 

An Ebonyi State High Court, sitting in Abakaliki, the state capital has ordered the Executive Chairman, Maize Growers, Processors and Marketers Association of Nigeria, Ebonyi State office and Eco Bank Plc to pay N10 million damages in favour of one Nzubechi Okoro for fraudulently using his bank details to obtain loan facility without his consent.

The convener of Zamfara Youth Movement (ZYM) Alhaji Umar Abubakar has commedned the minister of state for defense, Dr Bello Matawalle's N10million donation to the families affected by flood in Bauchi State.

The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.

Although he may be gone, his legacy remains etched in the hearts of those he touched in a world where fleeting trends and transient fame often dominate, the memory of HOW Foundation's founder, Herbert Wigwe, shines with a radiant and enduring brilliance, defying the passage of time.

The Federal High Court sitting in Lagos has restrained FBN Holdings Plc from holding, conducting or hosting its 12th Annual General meeting scheduled for August 22, 2024, whether virtually or otherwise, pending the determination of a motion for interlocutory injunction filed by an aggrieved shareholder, Tohir Folorunsho Ismaila.

The Special Fraud Unit, Lagos has arrested the MD/CEO of Brisk Capital Limited, Mr. Dominic Ngene Joshua for allegedly diverting investor’s funds worth over 2 billion Naira (N2,000,000,000:00).

A 21-year-old managing director of Brisk Capital Limited and a self-styled investment expert, Dominic Ngene Joshua, has again been arrested by the Economic and Financial Crimes Commission (EFCC) over another fraudulent scheme.