China Southern Airline Orders 787 Dreamliners for $3.2B

Fidelity Bank Plc, a leading financial institution, has once...

From L-R: Adeyinka Ojora, Director; Alhaji Rufai Mohammed, Director;...

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings...

The white-stained gloves went off. And the pretence of Best Corporate Governance was publicly muddled as Stanbic IBTC Bank Plc was caught red-handed by the Financial Reporting Council (FRC) for allegedly falsifying and manipulating its annual accounts in 2013 and 2014 to deceive regulators, tax authorities, shareholders and the general public on the true state of its financial results in the two years under review. The sanctions against the bank included immediate suspension of Mr. Atedo Peterside, Chairman and Mrs. Sola David-Borha, CEO.

An indigenous firm, Turn – Over Plus Limited, is set to develop a housing estate, Green City Estate, Calabar, Cross River State, in an effort to boost the housing stock in the state. The Green City Estate is located in Ikot Offfiong, Ambia, said to be the most serene part of Calabar metropolitan city, with a clean, beautiful, well developed infrastructure, hospitable and good safety and security facility. The Green City Estate which will be fully flagged off in August, currently houses a number of two to three bedroom apartments spread over three bays, just as duplexes are also been developed. Apart from the planned modification of the existing structures to meet the green city codes, the management of the city plans to develop additional 140 future homes within the next 12 months.

VFD Group, sector agnostic proprietary investment company has announced...

R-L: GCEO, NNPC Limited, Mr. Mele Kyari; Director, Deepwater...

NLNG Shipping and Marine Services Limited (NSML) has launched...