Category : Search result: German bank heist


Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

German Rail Project Stuttgart 21 Faces New Delay

Germany's massive Stuttgart 21 rail project faces indefinite delays due to technical issues, with costs doubling to €11 billion. Discover the infrastructure challenges plaguing Europe's largest economy.

Nigeria aims to cut $18M lapsed loans by 61%

Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Moghalu: Emefiele was disastrous CBN governor

Former CBN deputy governor Kingsley Moghalu condemns Godwin Emefiele's tenure, calling it disastrous and politically compromised. Read the full analysis of Nigeria's economic decline.

Budget Coffee Chain LAP Sparks Berlin Backlash

German coffee startup LAP faces protests in Berlin over €2.50 cappuccinos and gentrification concerns. Discover how this budget chain is changing the city's cafe culture.

Wema Bank Walk-in Interviews for Job Seekers

Wema Bank announces walk-in interviews for Commercial Relationship Management Officers across Nigeria from November 17-21, 2025. Opportunity comes amid high youth unemployment concerns.

Lagos SMEs Adopt Solar with New Financing

Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.

Page 2 of 4