BUSINESS

Tomi Somefun – Unity Bank CEO is restless over board’s decision to pick Usman Abdulqadir, as her replacement, ENigeria Newspaper reports. Only a few months ago, ENigeria Newspaper reported that the board of Unity Bank was pressuring the bank’s CEO, Tomi Somefun, to quit due to her incompetence and failing …

The Abubakar Suleiman-led Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal, THE WITNESS exclusively reports. The fraud is said to have rattled the lender’s financial position and it has landed one of the bank’s staff and a businessman in court. The case which is currently before …

Secret Reporters The Financial Reporting Council of Nigeria under the Federal Ministry of Industry, Trade, and Investment currently spearheaded by Shuaibu Adamu Ahmed as its Executive Secretary with a mandate of setting accounting standards in Nigeria in recent times has shown no regard for the Public Service Rules and Financial …