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...
Update: Innoson CEO files N200bn suit against EFCC for ‘defamation, falsehood’
Innocent Chukwuma, CEO of Innoson Nigeria Limited, has filed a N200 billion lawsuit against the Economic and Financial Crimes Commission (EFCC), TheCable NG reported.
According...
9mobile sale deadline gets 16 days extension
The sale process of 9mobile will now be concluded on January 16, 2018 following an approval of the extension of the deadline by the...