The First Bank to Collapse in 2024: What Led to the Failure
Written by Kunle Awosika
25 August, 2024
The first bank to meet its demise in 2024 is smaller than its 2023 counterparts. In 2023 we saw Silicon Valley Bank (“SVB”) and First Republic Bank (“First Republic”) fail. The most recent bank to experience a failure bears a striking resemblance – in name only – to one of these banks.
WOMEN, RISE UP! Demand Child Benefits and End the Suffering of Nigeria's Children…Mogaji Arisekola Says Enough is Enough!
Written by Kunle Awosika
24 August, 2024
Some Nigerian men need to learn a hard lesson. It's as if they think they can impregnate their wives multiple times and then abandon their children without any guilt or responsibility. They leave the burden of care entirely on the women, expecting their wives, families, and friends to pick up the pieces. This is an irresponsible way of life.
FIRSTBANK Targets 50,000 Tree Planting In Abuja
Written by Kunle Awosika
22 August, 2024
FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover.
Ebonyi court slams N10m fine on Ecobank over use of bizman’s BVN
Written by Kunle Awosika
22 August, 2024
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.
EFCC arraigns Lagos businessman Ayodele Toyosi for alleged N600m, $50k investment fraud
Written by Kunle Awosika
21 August, 2024
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.
FirstBank's Internal Power Struggle: Court Orders FBN Holdings to Suspend August 22 AGM over Boardroom Dispute
Written by Kunle Awosika
20 August, 2024
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.
Bello Matawalle Commended For N10m Donation To Bauchi Flood Victims
Written by Kunle Awosika
19 August, 2024
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.
Uncovering the Matrix Energy Connection: Tinubu's Economic Adviser Abdulkabir Adisa Aliu Linked to Controversial Petrol Imports from Malta and Russia
Written by Kunle Awosika
16 August, 2024
A recent surge in fuel imports from Malta has sparked controversy in Nigeria, with revelations by Aliko Dangote, chairman of Dangote Petroleum Refinery, exposing a significant increase in imports from the European country. According to data, Nigeria's petroleum importation from Malta skyrocketed to $2.08 billion in 2023, up from zero between 2017 and 2022, and a mere $13.32 million in 2016.
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