A scandal has rocked Stanbic Bank’s Soroti branch, revealing a network of sexual activity among staff members. The controversy revolves around a female staffer, known as Ademun, whose transfer from Kotido to Soroti sparked excitement among male colleagues. One by one, they pursued romantic relationships with her, leading to intimate encounters. Reports indicate that even employees from the Soroti regional ...

Queues have begun to vanish from filling stations across Nigeria’s major cities after the Nigerian National Petroleum Company Ltd intervened in the logistic issues that had breached the supply of premium motor spirit (PMS). Findings by this newspaper across filling stations in Abuja showed that queues are disappearing and normalcy has returned. Queues have disappeared from most filling stations across ...

The federal government last night approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. According to Daily trust, The announcement was made on the eve of May Day, or Labour Day, which is celebrated worldwide to recognise and honour the achievements and contributions of the working class. The announcement came ...

The Joint Admissions and Matriculation Board, JAMB, has released the 2024 Unified Tertiary Matriculation Examination results. Over 1.94 million candidates registered and sat the examination in 118 towns and over 700 centres across the country. The Registrar of JAMB, Prof. Ishaq Oloyede announced the release of the UTME results at a press conference held at the board’s headquarters, Bwari, in ...

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024. In accordance with the Scheme of Arrangement dated March 28 2024, pursuant to Section 715 of the Companies and Allied Matters Act (CAMA), 2020 ...

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on April 26, 2024. According to ...

Lagos, 25 April 2024 – First Bank of Nigeria Limited, West Africa’s premier financial institution and leading financial inclusion services provider, announced its recognition as the Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa at the Global Finance ninth annual World’s Best Private Banks Awards for 2024 held at the Harvard Club of New ...

First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director with effect from April 2024. The Bank stated this in a release signed by its acting company secretary Adewale Arogundade. Alebiosu takes from Adesola Adeduntan, who gave up the role abruptly on Saturday even though he was due to complete his tenure in December 2024. The release ...

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has shut down Heritage Bank’s head office in Lagos following the sack of over 1000 personnel by the management of lender led by Mr. Akinola George-Taylor without following due process, THE WITNESS reports. The union said it had resolved to continue with the picketing until the management of the ...

The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union Summit 2024, “Educate and Skill Africa for the 21st Century.” Hassan Yusuf, the Managing Director of The Alternative Bank, unveiled this ...