Bus-train accident: Lagos to charge driver with manslaughter

The Lagos State Government is set to charge the driver of the staff bus involved in a collision with a train, Oluwaseun Osinbajo, with manslaughter. The collision occurred on March 9 at the PWD railway crossing in Ikeja, the state capital. The bus, which had employees of the state government onboard, was then dragged by the train which eventually came to a stop in the Sogunle area of the…
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Access Bank Zambia acquires Atlas Mara

Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Plc, has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited…

CBN tells banks to open on Saturdays and Sundays.

Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of a coordinated effort to ease circulation of banknotes of various denominations. The apex bank also confirmed the evacuation of banknotes from its vaults to…

South Korea seeks extradition of Luna cryptocurrency founder

South Korea has announced that it will seek the extradition of fugitive crypto entrepreneur Do Kwon following the arrest of the founder of Terraform in Montenegro and an outright denial by the US of fraud charges. This was reported by the prosecutor’s office on Friday to the news agency AFP. Kwon, who goes by the name Kwon Do-hyun, has been accused of a scam that rocked the global…
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Brands & People

Cadbury Honors Talent Winners

Cadbury Nigeria Plc has said that winners of Season 4 of its Bourn Factor School Talent Competition have emerged. The company, in a statement, noted that the winners emerged from different states across the country. It disclosed that the competition, which has been running…

Ogun Communities Outages: IBEDC cannot change the power recovery time.

The Ibadan Electricity Distribution Company has promised to restore power supply following a three-week blackout experienced by landlords, residents and business owners in Ibafo, Magboro, Makogi, Oke-Afa and Aseese, among others, in the Obafemi Owode Local Government Area of Ogun State. It, however, failed to give a timeline for the restoration of power in the affected communities. In a response…
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Vetted Brands

Nike's third-quarter profit declined.

American sports goods giant Nike reported a decline in third-quarter earnings on Tuesday despite beating Street expectations. The company reported revenue of $1.24 billion, or $0.79 per share. This compares with $1.40 billion, or $0.87 per share in third quarter of…

Wema Bank begins registration for technology competitions.

Wema Bank Plc has opened application entries for the fourth edition of its tech talent discovery and nurturing project among university students tagged Hackaholics 4.0. Announcing the commencement of entries for Hackaholics 4.0 at a press conference on Tuesday in Lagos, the bank’s Executive Director, Digital Services, Mr Tunde Mabawonku, said as bank was innovating, it was also helping…
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