24/6/2016/The Will The Executive Director in charge of Public Sector at First Bank, Mallam Dauda Lawal, has confirmed that he was actually queried by the Economic and Financial Crimes Commission, EFCC, on his relationship with a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, and what he knows about the […]
Updates
Naira Reaches N412 – $1 In Black Market
26/8/2016/The Will The naira Thursday dropped to previously unseen levels, exchanging for as low as N412 to $1 in the unofficial market (black market) from N407 where it closed on Wednesday. The naira also dipped at the interbank foreign exchange market closing at N316.8 to the $1 from Wednesday’s N315.9 […]
Federal Court Rules Against First Bank In Assets Dispute
August 25, 2016/Sahara Reporters Justice Abdulaziz Anka of the Federal High Court in Ikoyi, Lagos ruled against the order given by Justice Saliu Saidu stating that First Bank Plc., through its receiver, Mr. Emmanuel Oyebanji, to take over the entire assets of an oil firm Zone 4 Energy. The judge ruled that Chukelad Nigeria Limited, a third party in trade with […]
