By Henry Umoru Abuja – TRAGEDY struck in Kubwa and Gwagwalada communities of the Federal Capital Territory yesterday as thousands of people were rendered homeless and property worth millions of naira destroyed following heavy flooding in the areas. In Kubwa, one of the satellite towns in the nation’s capital city, it was gathered from some […]

Former Managing Directors of Oceanic Bank, Mrs Cecilia Ibru; FinBank Nigeria Plc, Mr Okey Nwosu; Mr Sebastian Adigwe of Afribank Plc and Mr. Bartholomew Ebong of Union Bank of Nigeria Plc, who were sacked three weeks ago by the Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, yesterday were arraigned before a Federal High Court sitting in Lagos, on five separate charges of 131 counts, bordering on fraud, concealment and grant of loans without adequate collateral, running into about N625.95billion.

The substantive Chief Executive Officer appointed by the Central Bank of Nigeria (CBN) for Intercontinental Bank
Plc, Mr. Mahmoud Lai Alabi, resumed yesterday at the bank’s corporate headquarters in Victoria Island, Lagos.

HELL was virtually let loose yesterday in Ijebu Igbo, Ijebu North Local Government Area of Ogun State, as dare devil armed robbers attacked a new generation bank and later clashed with Peoples Democratic Party (PDP) victory rally leaving no fewer than two persons dead.

By Henry Umoru Abuja- THERE are strong indications that the National Working Committee (NWC) of the People’s Democratic Party (PDP) may be boxed to eat its words and reinstate the dissolved Plateau State Executive Committee of the party. The move by the national leadership of the party, as gathered, may not be unconnected to widespread […]