BUSINESS

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 …

As Unity Bank situation worsens, ENigeria reports that Executive Director, Usman Abdulqadir is positioned to replace Tomi Somefun as CEO. The festering issue at Unity Bank Plc may not be over yet, as new pressure is being applied to Tomi Somefun, the bank’s Managing Director/CEO, to resign, according to information …