Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 29th Annual Best Bank Awards Winners.The editors of Global Finance made the selections ... Read More »

A Lagos High Court sitting at Tafawa Balewa Square, TBS, has dismissed Chidinma Ojukwu’s counsel, Mr. Onwuka Egwu’s objection to cross-examine the subpoenaed bank staff, who tendered the bank statements and account number of late Usifo Ataga, before the court. Justice Yetunde Adesanya, in a short ruling, said that Sections 218 and 219 of the Evidence Act 2011 (“the Evidence ... Read More »

PRESIDENT Muhammadu Buhari will on Tuesday evening host leaders of the All Progressives Congress, APC, in an Iftar dinner at the Presidential Villa, Abuja. According to an invitation letter those invited for the meeting include former Lagos State Governor and one of the party’s Presidential aspirant, Asiwaju Bola Tinubu, former National Chairmen of the APC, Dr John Oyegun and Comrade ... Read More »

….. Banky W Says, i was sad Wizkid didn’t attend my wedding The Special Assistant to Delta State Governor on media Mr. Ossai Ovie Success, has said that Nigeria singer Wizkid is ungrateful to his former boss Banky W. He said when Wizkid was signed to EME record label owned by Banky W, he was so humble and Banky did ... Read More »

The attention of the Bank has been drawn to recent reports in the media on money laundering and bribery allegations on certain customer’s transaction. The publication went ahead to mention the names of certain Wema Bank management staff to be allegedly involved in the said transaction. The Bank wishes to state categorically that there is no merit in the article, ... Read More »

Tony Elumelu Presents Transcorp Group’s Strong 2021 Performance and ESG Blueprint to Shareholders. Shareholders of Nigeria’s leading listed diversified conglomerate, Transnational Corporation Plc (“Transcorp”), met today for the Group’s 16th Annual General Meeting, held at the Group’s hospitality flagship, Transcorp Hilton Abuja. The Group saw significant growth across all metrics. Group Gross Earnings increased to N111.2 billon in 2021, from ... Read More »

The schools were shut over alleged gang-sex but some pupils of the Lekki branch at the World School Games in Dubai in March. The “immoral act” generated social media outrage and sparked conversations around parenting. Following the incident, the school authorities suspended a female student indefinitely, stating that she was “a major actor” in an “immoral act”. But her mother ... Read More »

The Alaafin of Oyo, Oba Lamidi Adeyemi, has joined his ancestors. He was 83. Palace officials said he died on Friday night at the Afe Babalola University Teaching Hospital, Ado Ekiti. His remains were received at Idi-Igba in Oyo town in the early hours of Saturday, Newsthumb learnt. Read More »

…..“This was what we were giving by Osinbajo today,” a delegate said while showing the money packaged in an envelope. Some presidential delegates of the ruling All Progressives Congress in the Sout-West on Friday went home with N250,000 each after attending a meeting with Vice President Yemi Osinbajo in Ibadan, Oyo State. “This was what we were giving by Osinbajo ... Read More »

Lagos State Governor, Babajide Sanwo-Olu has directed all members of the State Executive Council and political appointees who are delegates to the State House of Assembly, House of Representatives, Senate, Governorship and Presidential primaries election and those seeking elective offices to resign. The directive was contained in a circular with no 012, made available to our correspondent was signed by ... Read More »