4 d. ago Ponzi scheme: Court seizes N6.6bn Livingtrust shares, N42.4m linked to Cititrust

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, valued at N6,674,356,932.69. The court also ordered the forfeiture of N42,461,096.66 and $26.44, all traced to Cititrust Holdings Plc and Read More

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4 d. ago Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos

From Sola Ojo, Abuja On Tuesday, April 15, Justice F.N. Ogazi of the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of 2,041,087,747 units of Livingtrust Mortgage Bank Plc shares, valued at N6,674,356,932.69, along with N42,461,096.66 and $26.44 in funds. The Economic and Financial Crimes Commission (EFCC) traced these assets to Cititrust Holdings […] The post Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos appeared first on The Sun Nigeria.

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6 d. ago What Ould Tah’s tenure at BADEA reveals about his AfDB candidacy

On April 8, the Board of Governors of the Arab Bank for Economic Development in Africa (BADEA) appointed Abdullah Almusaibeeh, read more What Ould Tah’s tenure at BADEA reveals about his AfDB candidacy

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2 w. ago Tinubu Names Sotinrin BoA MD, Abdulsalam Heads Ajaokuta Steel

President Bola Tinubu has appointed Mr. Ayo Sotinrin as the new managing director of the Bank of Agriculture (BoA)effective immediately. According to a statement yesterday by presidential spokesman, Bayo Onanuga, before this appointment, he held the position of group chief executive officer at SAO Group. His leadership at SAO Agro, an agribusiness company, was marked […]

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2 w. ago Stabilising the naira: 10 things the Central Bank of Nigeria is doing right

“Monetary policy is like juggling six balls. It is not an interest rate up, there is an interest rate down. There is the exchange rate, there are long-term yields, there are short-term yields, and there is credit growth” –  Raghuram Rajan When Olayemi Cardoso was first appointed the Central Bank Governor, many greeted his appointment […] The post Stabilising the naira: 10 things the Central Bank of Nigeria is doing right appeared first on The Sun Nigeria.

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2 w. ago Who is Ayo Sotinrin, newly appointed MD of Bank of Agriculture?

President Bola Tinubu has appointed Ayo Sotinrin as the managing director of the Bank of Agriculture. The appointment was communicated read more Who is Ayo Sotinrin, newly appointed MD of Bank of Agriculture?

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2 w. ago Tinubu announces Sotinrin’s appointment as MD Bank of Agriculture

President Bola Tinubu has appointed Ayo Sotinrin as the managing director of the Bank of Agriculture with immediate effect. Sotinrin read more Tinubu announces Sotinrin’s appointment as MD Bank of Agriculture

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3 w. ago What to know about Ebenezer Kolawole, acting MD/CEO, Unity Bank

Unity Bank recently announced the appointment of Ebenezer Kolawole as its acting managing director/chief executive officer (MD/CEO) following the retirement read more What to know about Ebenezer Kolawole, acting MD/CEO, Unity Bank

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3 w. ago Livingtrust Mortgage Bank appoints Adekilekun board chairman

Tribune Online Livingtrust Mortgage Bank appoints Adekilekun board chairman Livingtrust Mortgage Bank has announced the appointment of Dr. Kamaldeen Adekilekun as its new Board Chairman. This strategic move follows the Osun State Government’s nomination, a significant shareholder in the bank, and subsequent approval by the Central Bank of Nigeria, solidifying the bank’s leadership structure. Dr. Adekilekun brings a wealth of experience to the role, […] Livingtrust Mortgage Bank appoints Adekilekun board chairman Tribune Online

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3 w. ago Makinde makes new appointments in tertiary institutions, pilgrims’ board

Oyo State Governor, Seyi Makinde, has approved new appointments to the governing councils of three tertiary institutions in the state, including the appointment of the immediate past Chief Executive Officer of First Bank Nigeria, Dr Adesola Adeduntan. A statement by Makinde’s Special Adviser on Media, Sulaimon Olanrewaju, on Monday in Ibadan, said the governor also Read More

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4 w. ago LivingTrust Mortgage Bank Gets CBN Approval To Appoint 8 New Directors

LivingTrust Mortgage Bank Plc has secured the approval of the Central Bank of Nigeria (CBN) to appoint eight professionals to its board, signaling a strategic move to strengthen leadership and drive the company’s growth agenda. In a notification addressed to the Nigerian Exchange Group Limited (NGX Group) and signed by Dr. Olumide Adedeji, the managing […]

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