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Page 22 - முதல் நகரம் நினைவுச்சின்னம் வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Firm asks court to block SAP accounts over breach

Punch Newspapers Sections Oluwatosin Omojuyigbe A firm, B4G Consulting Limited, has urged the Lagos State High Court to restrain the banks operated by the Systems Applications Products Nigeria Limited from releasing the total sum of $3,371,945.27 and N5m to SAP and other instruments belonging to it pending the hearing and determination of an alleged contract breach suit. The firm, in a suit marked LD/ADR/519/2016, and reassigned to Justice Ezekiel Ashade, sought an order of the court directing the banks to file and serve affidavits before the court within seven days of the grant of the prayers of the firm to disclose an account of all money, funds or other instruments belonging and payable to SAP held with them.

FCMB boosts agribusiness with N74 10bn Loans

…represents 10 percent of total loan portfolio First City Monument Bank (FCMB) has grown its loan portfolio to the agriculture sector in Nigeria to N74.10 billion, representing 10 percent of the Bank’s total loans. This figure is one of the highest in the banking industry. The feat, which was achieved in December 2020, is a signal that the deliberate strategy and sustained support of the lender to agribusiness are yielding the desired results and that the Bank’s deployment approach has been widely appreciated. It also represents another milestone and bold step by the Bank to further expand and deepen its support to agribusiness, its value-chain and the overall growth of the Nigerian economy.

Indigenes raised alarm about N127m fraud at Lagos scholarship board, EFCC alleges

Indigenes raised alarm about N127m fraud at Lagos scholarship board, EFCC alleges
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