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Business

Money makes the world go round, learn about those who spin the wheel

Business

Switzerland: Addax Petroleum CEO Arrested Over Bribery In Nigeria Operations

Wires | The Trent -
Geneva prosecutor’s office has arrested Zhang Yi, chief executive officer of Addax Petroleum, and charged him with suspected bribery of foreign officials. A lawyer for Addax confirmed...
Business

Telcos Lose N1.27 Million Internet Users In February, MTN Leading With 714,000

Agency Reports -
Nigeria’s telecommunications networks lost 1,275,573 internet users in February, with MTN losing 714,700 subscribers, the highest. The NCC made the disclosure in its internet subscribers’...
Business

AMCON Finally Sells Keystone Bank, Reveals Identity Of New Owners

Wires | The Trent -
The Asset Management Corporation of Nigeria, AMCON, has announced the sale of Keystone Bank, one of Nigeria’s commercial banks. AMCON said the bank was sold...
Business

‘Capital Oil Not Owing NNPC Any Petrol’ – Ifeanyi Ubah

Agency Reports -
Ifeanyi Ubah, the chairman of Capital Oil and Gas Industries Ltd has called for a reconciliation of the company’s  account with the Nigerian National...
Business

Unity Bank Sues Tompolo Over Alleged N5.3 Billion Unpaid Debt

Ella Ukairo | Tech Reporter -
Government Ekpemupolo, a former Niger Delta militant leader, also known as Tompolo, has been dragged to court by Unity Bank, a Nigerian bank, over an...
Business

‘Mary Akpobome Remains A Valued Executive Director’ – Heritage Bank Refutes Fake Reports

Ekamma Jacobs | Staff Reporter -
The management of Heritage Bank on Tuesday, March 8, 2017 gave one of its executive directors, Mary Akpobome, a clean bill of health, saying...
Business

Xenophobic Attacks: Niger Delta Militants Threaten To Bomb MTN, DSTV, Others

Wires | The Trent -
Militants in the Niger Delta have called on the Federal Government to order all South African owned businesses out of the country within 30...
Business

Arik Airline Owes IATA $78 Million – AMCON

Agency Reports -
The Asset Management Corporation of Nigeria (AMCON) on Monday said Arik Air, under its previous management,  owed the International Air Transport Association (IATA) $78...
Business

Enugu: 8 Banks Sealed Off Over N1 Billion Debt

Wires | The Trent -
The Enugu State Board of Internal Revenue has sealed off eight banks in the metropolis, for failure to remit about 1Billion Naira tax to...
Business

Socialist Gov’t: FG Takes Over Arik Airlines, Management Heads To Court

Agency Reports -
The federal government of Nigeria on Thursday, February, 9, 2017 announced that it is intervening in the debt ridden and beleaguered Arik airline, the...
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