The management of Skye Bank Plc.is currently battling with how to manage allegation that customers’ deposits in the bank are no longer safe, because of a certain syndicate in the Tokunbo Abiru-led bank, involved in fraudulent transfer of money belonging to depositors. The magazine learned that the issue has sent shock waves among customers ... Read more

Photo: Ramin Talaie (Corbis via Getty Images), UrosPoteko (iStock) Never let it be said that Coca-Cola Co. can't tell which way the wind is blowing. Jumping onto a growing trend, Coke is exploring a possible alliance with Aurora Cannabis Inc.,  [I]Bloomberg[/I] reports . Coca-Cola is primarily interested in “drinks infused with CBD—the non-psych ... Read more

Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement PLC yesterday in Kano, Kano State, describing it as extra strong and the best for block moulding in Nigeria. Before it was officially rolled out yesterday, the innovative cement product had been adjudged ideal by the country's engineer ... Read more

Ekiti State, Ayo Fayose, has again written to the Economic and Financial Crimes Commission  over their declaration that he should be arrested when sighted trying to travel abroad. The governor in another letter to agency  suggested a September 20 date for the agency to interrogate him in his office in Ado-Ekiti. The governor  said EFCC should ... Read more

The Civil Society Group [B]PROBITAS[/B] has asked the Federal Government of Nigeria to provide more details regarding the recent transfer of the government shares in the National Security Printing and Minting Company (NSPMC) to the Central Bank of Nigeria (CBN). The NSPMC operates in a sensitive industry that is critical to the security architec ... Read more

The Oyo State Government  on Tuesday  shut down Obasanjo Farms and 12 others for defaulting in the payment of environmental levy. The News Agency of Nigeria (NAN) reports that the business premises were shut by a combined team coordinated by the Oyo State Board of Internal Revenue. Other companies shut were MRS Oil, Black Horse, Heinemann Edu ... Read more