Alleged Diezani Loot: Court adjourns arraignment of two bank directors
An executive director at First Bank, Dauda Lawal, will also be arraigned.
An executive director at First Bank, Dauda Lawal, will also be arraigned.
As the banks raked in billions of naira in profits, they compensated their top directors with fat pay.
The over half-a-billion naira credit has now led to multiple litigations, threatening a high-end Abuja school.
Governor Yari and his predecessor, Sani Yerima are backing different aspirant.
Shiites on Wednesday clashed with the police during a protest.
The senate mulls setting up a military base in the community.
The NSE announced March 31 as the deadline for filing of the reports.
The bank appeared to mock Lagosians who suffered as a result of the president's visit.
The bank says oversight on the subsidiaries is now much more stronger.
He is alleged to have illegally received N4.4 million from seven SANs, a lawyer and a law firm.
The House committee says EFCC did not receive a court order before freezing the accounts.
The committee gave the review at the end of its 331st meeting in Abuja.
The bank had demanded between N10 million and N20 million as costs.
Some of the banks criticised the government for its action.
The Federal Government had accused the state oil company of concealing the funds
Another eight banks were found to have played by the rules.
Industrial and Commercial Bank of China is number one.
Banks have 14 days to prove the legitimacy of the money.
The bankers were convicted of failing to do due diligence on a customer.
The present approach is expected to improve liquidity in the Forex distribution chain.
FirstBank says the forgery allegation is untrue and purely staged for mischief.
Naira traded at N265 to one dollar at the parallel market.
The accused persons were arraigned on four separate charges of alleged stealing, conspiracy and fraud.
“They have been owing our members working with Anambra State Government Water Corporation salaries and allowances for eight years”.
The Managing Directors of two Nigerian banks were also shortlisted finalists for the African Banker of the Year award. Guaranty ...
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