Guaranty Trust Bank (GTBank) has announced the appointment of Miriam Olusanya as Managing Director. This was disclosed in a notice signed by the company’s secretary, Erhi Obebeduo, to the Nigerian Exchange Group Limited (NGX). Olusanya, the first female Managing Director in the bank history, succeeds Segun Agbaje. During the bank’s investor earnings in September, Agbaje…
Guaranty Trust Bank (GTBank) and an online sports betting platform, SportyBet Nigeria, have been accused of conspiring to withdraw funds from bank customers’ accounts, MegaIcon Magazine gathered. The latest victim of this development was a customer of the bank, Baruwa Oladayo Hassan, who accused the Bodija, Ibadan branch of the bank of aiding an unauthorized…
On April 29, Mayowa, 32, was distraught when he couldn’t pay for a 19km Uber ride he had taken to visit a friend in Park View Estate, a well known residential community in the highbrow area of Ikoyi, Lagos. His orange branded Guaranty Trust Bank (GTB) app had not launched as he tried severally to…
The Chief Executive Officer of Titan Farms, Aare Gbenga Eyiolawi has said that there is no small or big way to start up a business. Eyiolawi, the Aare Kebimapalu of Ibadanland, stated this while speaking at the official launching of Tech-Hub, located around Felele Area of Ibadan on Monday. The serial entrepreneur described Tech-Hub, a…
Monday Sule Ilemona, a staff of top, United Bank for Africa (UBA), has been accused of duping five customers of N15 million. It was gathered that a customer, Mberede Lovelyn Chiamaka had invested N11 million alongside her husband, Onuba Julius, in UBA’s Target Account. The UBA Target account is a savings account specifically designed for…
Accusing fingers are being pointed at the erstwhile Managing Director of Fidelity Bank, Nnamdi Okonkwo, who is facing allegations of discrepancies during his tenure as the Chief Executive Officer of the Nigerian bank by his successor, Nneka Onyeali-Ikpe. It was gathered that Onyeali-Ikpe decided to beam a search on past activities of her predecessor because…
Like in housing estates in Lagos and other urban centers, residents of Nigeria’s oldest housing estate are set to savour the joy of having a filling station within their locality. Located on the site of the old fuel dump of the Oyo State Housing Corporation, Ibadan’s fast rising oil marketing competing, Weeldrop Petroleum, is set…
Richard Nyong, the embattled chief executive officer of Lekki Gardens Estate Limited, is in the news again for the wrong reason. It was gathered that the leading commercial lawyer and chairperson of Osborne Foreshore Residents Association (OSFRA), Lagos, Mrs. Chinwe Ezenwa-Mbah has accused Nyong and his company, Lekki Gardens, a property company in Lagos, of…
The relationship between two financial institutions in Nigeria, Polaris Bank (formerly Skye Bank) and VEP Equity Limited which started on a very cordial note has gone frosty. They are now entangled in a prolonged legal tussle over the loan. Problems started between the duo over two different loan facilities granted through a Skye Bank offer…
The Economic Financial Crimes Commission have started investigating the management crisis rocking the First Bank of Nigeria. A source hinted that the commission over the weekend invited businessman, Obafoluke Otudeko as well as other prominent figures over some dubious loans taken from the bank. Oba Otudeko who owns the Honeywell Flour Mills is being asked…
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