Saida Mouh and her son, Achraf Hakimi Saida Mouh, the mother of Moroccan footballer, Achraf Hakimi, has reacted to reports that her son transferred all his assets to her. Recall that an unverified report went viral claiming that Hakimi’s wife will not be getting anything in their divorce because it was discovered that Hakimi has … Read more
France has frozen and seized assets of Russian oligarchs to the tune of around $938 million. Property worth €539 million had been blocked, Le Maire French Economy Minister Bruno said. He said another €150 million from private accounts at French banks had been frozen, and two yachts worth €150 million have been seized. France established … Read more
UK government has officially added Chelsea owner Roman Abramovich to its list of sanctioned individuals. Mr Abramovich is amongst a new list of seven Russian billionaires whom the British government has now sanctioned. In the official document conveying the list of sanctioned individuals, it was stated that “Abramovich is associated with a person who is/has … Read more
Roman Abramovich All assets of Chelsea FC owner Roman Abramovich has been seized in the United Kingdom. This comes after UK slammed Russia with new sanctions including asset freezes and travel bans over the country’s invasion of Ukraine. Also affected are billionaires Igor Sechin and Oleg Deripaska, both seen as allies … Read more
Japan will freeze assets held by four more Russian banks in another round of sanctions in response to Russia’s invasion of Ukraine, Finance Minister Shunichi Suzuki said on Thursday. Japan’s latest round of sanctions followed the announcement by members of the European Union (EU) on Wednesday to exclude seven Russian banks from the SWIFT messaging … Read more
The Nigerian Financial Intelligence Unit has uncovered 96 financiers of terrorism, including 424 associates/supporters of the financiers. The Minister of Information and Culture, Lai Mohammed, made this known during a briefing on the anti-corruption fight of President Muhammadu Buhari’s regime on Thursday. The minister also said the fraud unit unmasked 123 companies and 33 bureaux … Read more
The Nigeria Security and Civil Defence Corps (NSCDC) has reinstated the security aides of a member of the House of Representatives Shina Peller who had proposed the scrapping of the corps. Peller, who represents lseyin/ltesiwaju/ Kajola/lwajowa Federal Constituency in Oyo State, had proposed before the House to scrap the NSCDC and merge it with the … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. The bank had in November 2021, splashed N1 million to musician, Davido, transgressing the Buhari regime’s ban on the microblogging site. “We heard your GOAT called our name. Well… #ALATgoals #ALATmakessmile. #30BG #30billiongang,” Alat, a digital … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. It was gathered that the third-quarter financial result of the bank … Read more
Tunde Ayeni For highly controversial Nigerian businessman, John Olatunde Ayeni, popularly known as Tunde Ayeni, it’s been one day, one trouble. The latest in the plethora of his travails is that he has lost another company, Ibadan Electricity Distribution Company (IBEDC) Limited, a DisCo he purchased in 2013, to the Nigerian government, six years after … Read more
AMCON MD, Ahmed Kuru The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON), Mr. Ahmed Kuru. Kuru was quizzed in connection to alleged diversion of assets. A top official at the anti-graft agency confirmed the development on Wednesday. Kuru has been accused of asset … Read more
A firm, Osigwe Foods and Agro-Industrial Company Limited, has slammed an N8.3 billion suit on Unity bank Plc before Justice Abimbola Awogboro of a Federal High Court in Lagos over alleged breach of contract occasioned by excessive charges and mismanagement of its current account. In an amended statement of claims, the firm is seeking the … Read more
Ahmed Kuru The Economic and Financial Crimes Commission (EFCC) on Wednesday interrogated the managing director of Assets Management Company of Nigeria (AMCON) Ahmed Kuru. It was gathered that Mr Kuru was questioned by EFCC operatives over alleged diversion of assets and selling of seized assets to cronies below valued prices. He was still with the … Read more
There is serious tension among investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would have lost N281,000.00 of your investment as the … Read more
Abubakar Suleiman There is currently tension tinged with outrage in the camp of investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would … Read more
Oba Adeyeye Enitan Ogunwusi Ooni of Ife Oba Adeyeye Ogunwusi has been appointed as the royal grand patron of the Zuma Film Festival. This was disclosed in a statement by Brian Etuk, the director of public affairs, Nigerian Film Corporation (NFC) sent to Qed.ng on Tuesday, January 18. In his acceptance letter, the Ooni expressed … Read more
The Nigerian music industry is made up of different talented musicians who have carved a niche for themselves with varying styles of music such as rap, afro-beats, afro-fusion and hip-hop. Having only one source of income in Nigeria is not usually the way to the top and a lot of celebrities in the entertainment industry … Read more
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and … Read more