Oba Otudeko’s Radisson Blu Hotel becomes home to prostitutes – Report

Radisson Blu, located in the heart of Victoria Island (VI), Lagos, owned by Oba Otudeko, the chairman of Honeywell Group, is fast losing its...

Court order holds back sale of controversial telecom giant, 9mobile

The sale of Nigeria’s fourth largest telecom operator, 9mobile may not be concluded soon as announced earlier following a court order on Friday -...

Sterling Bank MD, Yemi Adeola forces to relinquish position by industry...

Come April 2018, Yemi Adeola would no longer be the Managing Director of Sterling Bank. The termination of his position in the bank hinges on...

Ikeja Electric 175 billion naira debt gives owners sleepless nights

Owners, Kola Adeshina, Ade Odunsi, Tope Sonubi And Tonye Cole Struggle through insolvency according to reports obtained on The Capital NG There is a lesson...

9mobile gets 16 January deadline for closure of takeover bids

Reuters Nigerian regulators have set a Jan. 16 deadline for receipt of binding offers from prospective bidders to acquire debt-laden telecom firm 9mobile, the telecoms...

Why Sifax Boss, Taiwo Afolabi suspends multi billion naira refinery project

After spending tons of money on the thorough technical application, investing millions of dollars in Italian consultants on the project and shelling out mind...

First Bank Wallows in ‘Sea of Debts’! Confiscates over 100 assets...

 Intrigues as banker confiscates over 100 assets of billionaire debtors If the Nigerian bank is truly a graveyard for ghastly debts, then First Bank Plc,...

Sky Fall! Dangote’s Cement Shares Drop Amidst Mines Dispute

Value of Dangote Cement shares has fallen……… The value of Dangote Cement shares has fallen from N251 per share from Saturday, December 16, 2017, to...

BUA condemns ruthless arrest of employees by Gov. Obaseki in defiance...

Cement manufacturer, BUA has reacted to the arrest of its employees on the orders of the Edo state Governor Godwin Obaseki. The company, from...

Femi Otedola’s Forte Oil maintains worst performing stock on NSE in...

Company's loss for two straight years linked to non-payment of dividend in 2016 financial year and weak earnings For the second year running, Forte Oil maintained...