The Central Bank of Nigeria, in the early hours of Thursday, appointed Hassan Imam as the new Chief Executive Officer and Managing Director of Keystone Bank. Imam takes over leadership of the commercial bank from Olaniran Olayinka, who served as CEO from March 2020 until the CBN dissolved the boards of Keystone Bank and two…
Barely hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements, the financial regulatory body appointed new executive directors to oversee the affairs of the deposit money banks. A statement by the acting…
A female marketing employee of a bank in Ikorodu, Lagos State, has committed suicide. The deceased, 32-year-old Amarachi Ugochukwu, was said to have drunk an insecticide. SAHEL STANDARD learnt that the incident happened on Monday within the premises of the bank. Ugochukwu had around 1pm made her way into the restroom, where she drank the…
The Executive Governor of Osun State, Senator (Dr) Ademola Adeleke, has congratulated Comrade Christopher Abimbola Arapasopo, on his election as the Chairman of the Osun State Chapter of the Nigerian Labour Congress (NLC). Speaking through a statement issued by his spokesperson, Mallam Olawale Rasheed, Adeleke charged Comrade Arapasopo to consider his election as a crucial…
A Chief Magistrates’ Court in Kano State, on Wednesday, ordered the remand of an 18-year-old man, Yusuf Haruna, in a correctional centre for allegedly stabbing an Imam, Sani Mohammed, to death. The defendant, who lives in Tudun Nufawa Quarters, Kano, was charged with culpable homicide. The prosecutor, Mrs Fatima Ado-Ahmad, told the court that Musa…
Chevron Nigeria Limited has appointed a new Chairman and Managing Director, Jim Swartz. This was contained in statement made available to The PUNCH on Wednesday by the firm’s General Manager, Policy, Government and Public Affairs Esimaje Brikinn. According to the statement, Swartz was appointed “as the Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit,…
The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso, on Wednesday in Abuja. The source, who spoke on condition of anonymity, hinted that an…
The Osun State chapter of the Peoples Democratic Party (PDP) has carpeted the All Progressives Congress (APC) position on the crisis in Ila College of Education, saying the main opposition in the state has continued to exhibit shallowness on critical issues. The PDP in a statement signed by the Director of Media, Hon. Hezekiah Oladele…
MultiChoice Group has announced that the channels will broadcast all 52 games of the forthcoming African Cup of Nations (AFCON). DSTV Nigeria made this announcement via its official X handle on Wednesday. The tweet reads, “No gree for anybody! Watch all 52 matches of the #afcon2023 on @supersports Afcon #DStvnigeria #supereagles.” The company stated that…
Governor Ademola Adeleke of Osun State has called on public and private bodies to support veterans as a mark of recognition for their service to the nation. Speaking at the 2024 launching of the Armed Forces Remembrance emblem at Osogbo on Wednesday, Governor Adeleke noted that economic crises facing the nation should not warrant the…
