BUSINESS

Fire guts Zenith Bank Ilupeju

Daily Dispatch November 25, 2018

A fire outbreak occurred at the Zenith Bank around Ilupeju area of Lagos, Sunday afternoon. In a footage seen by The Guardian, the centre of the building was engulfed with fire. While firefighters are yet to arrive as at report time, the source of the fire is yet unknown.

BUSINESS

Power: Japan donates $21.08m equipment to rehabilitate Lagos Transmission Substation

Daily Dispatch November 24, 2018

The Federal Government has signed an agreement with the government of Japan for the rehabilitation of the Lagos Transmission Substation. The Minister of Budget and National Planning Senator Udo Udoma signed on behalf of the Federal Government while the Japanese Ambassador to Nigeria, Mr. Yutaka Kikuta, signed on behalf of the government of Japan. The […]

BUSINESS

FAAN to divert flights to Lagos E Wing on Saturday

Daily Dispatch November 23, 2018

The Federal Airports Authority of Nigeria (FAAN) is to divert all flights operations from the “D” Wing of the Murtala Muhammed International Airport (MMIA), Lagos to the “E” Wing of the airport on Saturday. FAAN made the announcement in a statement signed by its General Manager, Corporate Affairs, Mrs Henrietta Yakubu in Lagos on Friday. […]

BUSINESS

Customer battles Sterling Bank over million-naira fraud

Daily Dispatch November 23, 2018

Sterling Bank Plc is fast becoming safe haven for fraud as depositors have continued to lose huge sums of money to the new generation bank. This time, the management of the Abubakar Suleiman-led bank is currently in a fix on how to deal with cases of alleged fraud levelled against its branch on Iju Road, […]

BUSINESS

Senate requests NNPC to submit withdrawal of $3.1 billion from NLNG dividends account

Daily Dispatch November 22, 2018

Senate Committee on Gas has requested from the Nigeria National Petroleum Corporation (NNPC) to give details of $3.1 billion withdrawn from Nigeria Liquidfied Natural Gas (NLNG) dividends account in 22 tranches. The Chairman of the Committee, Senator Bassey Akpan made this request at the investigative hearing on alleged illegal withdrawal from NLNG dividends account from

BUSINESS

Bank cashier in court for N8million fraud

Daily Dispatch November 22, 2018

A cash officer with United Bank for Africa, UBA, Adankolo branch, Lokoja in Kogi State of Nigeria, Helena Chinelo Odogwu, has been arraigned before Justice Ajileye on a one-count charge bordering on theft and misappropriation of N8 million ( Eight Million naira) only. Tony Orilade, spokesman for EFCC said, a petitioner had alleged the defendant […]