Posted on March 8, 2009 by Fortune&Class
“The messy attrition that played out during the tenure of Mr. Adebisi Omoyeni as Group Chief Executive of Wema Bank Plc still echoes on months after Omoyeni had been formally removed from office. In a counter move to what turned a near violent effort to sack him from office, Omoyeni who was recalled from [...]
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Filed under: BusinessNEWS | Tagged: adebisi omoyemi, cbn deputy governor, Central Bank of Nigeria, ekiti state, fortune&class weekly, governor ayo fayose, icpc, independent corrupt practices commission, tunde lemo, wema bank plc | Leave a Comment »
Posted on March 8, 2009 by Fortune&Class
THIS WEEK COVER STORIES
ICPC questions Tunde Lemo, CBN deputy governor
2009 Forbes Profile of Billionaires: Femi Otedola joins Dangote on World’d Richest List
EFCC compels Sterling Bank to admit cheating customer of N10.5m
Investors should not pay Interest on Stock Broker’s Margin Account-Forensic Accountant
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Posted on March 8, 2009 by Fortune&Class
Nigeria may have the honour of having two of its citizens listed in the 2009 edition of the annual Forbes list of the world richest. Fortune&Class Weekly can report that Mr. Femi Otedola, Chairman of African Petroleum Plc and Zenon Oil and Gas would join Alhaji Aliko Dangote, the first Nigerian on the list [...] [...]
Filed under: BusinessNEWS | Tagged: 2009 forbes profile of billionaires, african petroleum plc, aliko dangote, business, Chevron Nigeria Plc, dantata, femi otedola, forbes magazine, fortune&class weekly, global economic crisis, maha atal, mrs holdings, mt lady doja, mt nana, mt sir michael, mt zenon conquest, news, nigerian stock exchange, niyi akinsiju, nse, Olusegun obasanjo, Zenith Bank, zenon oil and gas | 3 Comments »
Posted on March 8, 2009 by Fortune&Class
Banking relationship did certainly went awry between Sterling Bank and Great Bakis Limited, its customer that had taken several loan and overdraft facilities from the bank. This banking relationship should, under normal circumstance, have ended on a happy note had the bank shown some conscientiousness in its figure adds up.
The figures did not add [...] [...]
Filed under: BusinessNEWS | Tagged: banking relationship, bernard obong, customer, EFCC, excess payment, forensic accountant, forensic consulting, great bakis limited, mr. ori adeyemo, nal building, sterling bank, two national daily newspaper, yemi adeola | Leave a Comment »
Posted on March 8, 2009 by Fortune&Class
Not a few investors have come under the hammer of their stockbrokers after they were availed the opportunity of the now burdensome margin account facilities with all the overlays of a banking credit transaction. Now, a forensic accountant, Ori Adeyemo of Forensic Consulting, has taken issue against what he describes as the illegality of [...]
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Filed under: BusinessNEWS | Tagged: bank charges, Bank Draft Fee and Miscellaneous Expenses, banking licence, Central Bank of Nigeria, clients' accounts, commercial bank, commission on turnover, commitment fee, cot, Default Penalty, Facility Fee, finance houses, financial regulations, forensic accountant, illegal fees, interest rates, investors, Legal Fee, Loan Interest, management fee, margin account, micro-finance banks, money lenders, Ori Adeyemo, Overdraft Interest, penalty charges, Processing Fee, specialized bank, stock broker, vetiva capital management | 1 Comment »
