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Stakeholders hail FirstBank

Shareholders and customers of First Bank of Nigeria Plc (FirstBank) have continued to laud it for its impressive performance in the year ended March 31, 2009.

Army alerts EFCC over smear campaign

The Nigerian Army said yesterday that it has furnished the Economic and Financial Crimes Commission (EFCC), with documents and related evidence of some contractors (names with-held) who are bent on swindling the army of hundreds of millions through frivolous claims of projects exexcution.

Ex-Customs boss, others get N400m bail

A Federal High Court sitting in Lagos, yesterday granted temporary reprieve to a former Comptroller-General of the Nigerian Customs Service (NCS), Alhaji Hamman Ahmed and ex-Customs Area Comptroller of the Apapa Area, Mrs. Hannatu Sulaiman, as it admitted them to bail for N100 million each.

FG warns MDAs against panicky funds withdrawal from banks

IN a swift move to comply with Presidential assurances that government would ensure that none of the five banks involved in sharp practices as published by the Central Bank of Nigeria (CBN) are not allow to go under, the Federal Executive Council (FEC) meeting yesterday directed all ministries, departments and agencies (MDAs) not to engage in panic-withdrawal of funds from the bank.

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