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archiveJuly 2020

NEWSTOP STORY

Court jails two pastors 26 years for stealing

Justice F. N. Azinge of the Delta State High Court sitting in Otor-Udu has convicted and sentenced the duo of Pastor Glory Okeoghene Aberefa and Reverend Vincent Okpogo to 16 and 10 years imprisonment respectively. The convicts, alongside their company, Mustard Seed Micro Investment Limited, were prosecuted by the Benin...
NEWSTOP STORY

Court jails former bank MD for N66.6m fraud

Justice I.B. Gafai of the Federal High Court, Awka, Anambra State has convicted and sentenced former managing director of Achina Microfinance Bank, Aguata, Mr. Jonathan Nnamdi Udemadu to 11 months imprisonment for multiple fraud. The convict was prosecuted by the Enugu Zonal Office of the Economic and Financial Crimes Commission,...
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Ex-banker bags three years for fraud in Kano

Justice Nasiru Saminu of the Kano State High Court on Friday, July 24, 2020, sentenced an ex-banker, Shehu Mohammed Aliyu to three years imprisonment for fraud. The convict, a former staff of Guaranty Trust Bank (GTB) was prosecuted by the Kano Zonal Office of the Economic and Financial Crimes Commission,...
BANKINGOTHER BUSINESSESTOP STORY

UBA names six new country chiefs

Pan-African financial services group United Bank for Africa Plc (UBA) has announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka as chief executive officers of six of its 20 subsidiaries across Africa, subject to regulatory approvals. According to a ststement from the...
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COVID-19: Bayelsa slashes 2020 budget by 24%

Gov. Douye Diri of Bayelsa has announced a cut on the state’s 2020 budget of N242.19 billion by 24.3 per cent, saying he will soon forward it to the state assembly for approval. Diri made the announcement in Yenagoa during the State COVID-19 Responsive Citizenship Participatory Meeting, aimed at reviewing...
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