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Business & Economy
15th AGM: Shareholders concern over Unity Bank’s capacity to stay afloat, query MD, Oluwatomi…
Shareholders of Unity Bank Plc have expressed serious concerns over the challenges facing the bank now, urging the board and management to urgently address them.
The shareholders made this known at the lender’s 15th Annual General…
FIRS directs banks to freeze MultiChoice accounts over N1.8trn tax liability
The Federal Inland Revenue Service, FIRS, has appointed some commercial banks as agents to recover the sum of N1.8trn from accounts of MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA).
This was contained in a statement…
FG extends NIN to SIM linkage to July 26
Chidi Ogbuokiri
The Federal Government has announced the extension of the deadline for NIN-SIM data verification to July 26, 2021.
A statement the Director , Public Affair, Nigerian Vommunications Commission (NCC) Dr Ikechukwu Adinde…
NCC honoured for enhancing economic development
Chidi Ogbuokiri
The Nigerian Academy of Engineering (NAE), one of the highest professional bodies in the engineering field in Nigeria, has presented an award to the Nigerian Communications Commission (NCC) in recognition and…
Troubled Unity Bank boss, Oluwatomi Somefun battles to save head as crisis deepens
As Unity Bank Plc liquidity crisis gets messier, the bank’s managing director and chief executive officer, Ms. Oluwatomi Somefun, is said to be fighting hard to save her job even as the lender plans to hold its annual general meeting (AGM)…
NGX suspends GTB shares ahead of holdco listing
The Nigerian Exchange Group Plc (NGX Group) has suspended trading in the shares of Guaranty Trust Bank (GTB) Plc ahead of the listing of the holding company.
Godstime Iwenekhai, head of NGX listings regulation department, made this…
NITDA unveils policy on digital innovation start-ups
Chidi Ogbuokiri
The National Information Technology Development Agency (NITDA), Wednesday presented to the public, the Nigeria Digital Innovation, Entrepreneurship and Startup Policy (NDIESP) which is in line with National Digital…
FIGURES DON’T LIE! Despite Denial, stats show Unity Bank is troubled, distressed
… Auditors raise red flag
Despite a denial syndicated in the media by Unity Bank Plc over the weekend, financial statements of the bank in the last five years obtained from the Nigerian Exchange (NGX) Limited indicate that the lender is…
Buhari launches Nigeria’s $195m maritime security architecture
...As Jahmo wants an end to war risk insurance on Nigerian shippers
...World is watching Nigeria -IMO scribe, Kitack
Chidi Ogbuokiri
President Muhammadu Buhari has disclosed that his administration is improving maritime security…
Cedarwood Luxury excites real estate consumers with Quick response code
Fans of Cedarwood Luxury brand of apartments and terraces can now enjoy more perks following the Quick Response Code (QR Code), recently introduced by the management of PWAN Plus Business Concerns, owners of Cedarwood Luxury estates.
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