A Federal High Court, Lagos has penalized Access Bank Plc for unlawfully freezing a customer’s account without a valid court order. Justice Ayokunle Faji, who presided over the case, found the bank’s action illegal and awarded damages against both Access Bank and its co-respondent, the Economic and Financial Crimes Commission (EFCC). The customer, Ganiyu Olawale […]
The Federal Inland Revenue Service (FIRS) has directed banks to immediately identify and close any FIRS tax and levy collection accounts not authorised under the TaxPro Max system. The TaxPro Max is a homegrown tax administration platform that facilitates tax-related activities, including registration, filing, payment issuance of tax clearance certificates, among others. A public notice […]
Union Bank has again demonstrated its commitment to youth development and quality education by sponsoring the 11th edition of the Greensprings Football Academy. The five-day training camp, held from April 13 to April 17, 2025, at the School’s Lekki campus, catered to children aged 5 to 17. Participants received expert coaching from top international coaches […]
Speaking during an oversight visit to NIMASA, the Acting Chairman of the Committee, Hon. Uduak Alphonsus Odudoh, expressed satisfaction with the Agency’s progress and commended the leadership of Director General Dr. Dayo Mobereola for ongoing reforms that are repositioning Nigeria’s maritime industry for global relevance. “I want to commend NIMASA and the Federal Ministry of […]
The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging economies. In a statement confirming his acceptance, the African industrialist reaffirmed his commitment to fostering sustainable […]
By Godwin Okolii Finance and Business Online Publishers (FIBOP), on Tuesday, April 15th, at the Muson Center, Onikan, Lagos, organized a Capacity Building and Youth Empowerment Program for students from secondary school students from various parts of Lagos.The event themed “Empowering Nigerian Youths With Knowledge of Insurance, Digital Payment and Investment , to Drive Financial […]
Cross section of United Capital Plc Board of Directors
The United States Coast Guard has commended Nigeria, and the Nigerian Maritime Administration and Safety Agency (NIMASA), for what the Coast Guard described as considerable progress in the implementation of the International Ships and Ports Facility Security (ISPS) Code. This was made public by Joe Prince Larson of the US Coast Guard who led a […]
here can be no better time than now for the take-off of the National Single Window initiative aimed at eliminating bureaucratic delays in export and import processes to boost trade efficiency and enhance economic growth. This was the consensus of stakeholders and industry experts at the opening of a three-day workshop on the presidential initiative […]
The payment of N401 million to Mainstream Contractors in December 2023 under the Federal Ministry of Works and Housing for the Rehabilitation of Welcome-Nasarawa-Farewell from Nasarawa, linking the North and Southern part of Nigeria in Nasarawa LGA, Nasarawa State; N153 million to Icent Light Ltd between August and November 2023 under the National Institute for […]