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Troubled banks: Deap Capital’s boss petitions CBN over N30bn debt

Troubled banks: Deap Capital’s boss petitions CBN over N30bn debt

ThE Managing Director of Deap Capital Management and Trust Plc has petitioned the Central Bank of Nigeria (CBN) over the publication of his name as a director of Falcon Securities Limited, linking him with a N29.5 billion loan owed Afribank Nigeria Plc, by Falcon Securities.

ISAN blasts SEC over Transcorp’s listing on NSE

ISAN blasts SEC over Transcorp’s listing on NSE

The Independent Shareholders Association of Nigeria (ISAN), yesterday, stepped into the controversy between the Securities and Exchange Commission(SEC) and the Nigerian Stock Exchange (NSE ) over the listing of Transnational Corporation (Transcorp) shares on the Exchange, accusing the apex regulatory body of the capital market of insincerity.

Umuchinemere Procredit MFB opens office in Umana Ndiagu

Umuchinemere Procredit MFB opens office in Umana Ndiagu

Umuchinemere Pro-credit Microfinance Bank (UPMFB), Enugu, in keeping with the microfinance policy of empowering the ‘active poor’, has opened a Credit Relations Office (CRO) in Umana Ndiagu Autonomous community, Ezeagu LGA, Enugu State.

Court rules on Aregbesola travel request Friday

Court rules on Aregbesola travel request Friday

An Abuja Magistrate’s Court sitting in Kado, Life Camp, will Friday decide on whether or not to grant a request by the Action Congress (AC) governorship candidate in Osun State in the 2007 general election, Mr. Rauf Aregbesola, to travel to the Kingdom of Saudi Arabia to perform this year’s lesser hajj.