Thursday 21 August 2014

Socialite Folly Coker Bounced At Engr. Yomi Akande’s Birthday/Daugthers Wedding



His name readily comes to mind especially within the Lagos social establishment. Folorunsho Coker has been a popular figure for a long time and his popularity could be traced to his family, his father, Chief Folarin Coker fondly called Baba Eto of Lagos was one of the political leaders in Lagos State. Folly has been within the corridor of power as one of the closest aides and Deputy Chief of Staff to Asiwaju Ahmed Bola Tinubu during his 2nd term tenure and he is also still much relevant within the corridors of power after his ex-boss’ exit.

GTBank In Land Acquisition Saga



All is not well with the Abule Egba Branch of Guaranty Trust Bank as the family of Arowolo, the rightful owners of the land containing a structure of one of Gtbank branches along Lagos/Abeokuta Express Way have threatened to set all hell against the management of the bank for claiming ownership of the land despite court rulling.

Wednesday 13 August 2014

Land Owners, Thugs Stalls Operations In UBA Over Land Dispute …Bank Subsidiary, AfriLand Properties Fingered



One of Nigeria financial institutions, United Bank Of Africa (UBA) is allegedly entangled in land dispute mess with families who claims to be rightful owners of a piece of land. The bank subsidiary, Afriland Properties, formerly UBA properties is at the helm of the controversy.
A branch of the bank sits on a controversial land that is located in U-turn, Bus stop in Abule Egba, Lagos. Information at our reach revealed that the financial institution is a tenant in the building, but its subsidiary, Afriland bought it over from a lawyer representing the family who claim to be the owner.

N14Billion Fraud Rocks James Olotu Led-Niger Delta Power Holding Company …Details of How Top Executives Are Looting The Commission


Just before the Niger Delta power holding company (NDPHC) was offered for sale by the federal government following the shoddy manner the management had handled the Independent Power Projects, across the country, early June 2013, a glimpse into its financial records reveals massive siphon of the company and its financial resources.
In fact, findings have emerged that against the expectations of Nigerians that the power situation in the country may improve soon, the Niger Delta power Holding company management may throw the entire country into a multi- billion mega watts of darkness.
Coming on the heel of the recent N800, 000,000 (Eight Hundred Million naira) frauds involving the top management staff of the company in collaborations with the consultant in the compensations paid to the Mmahu-Egbema community of Ohaji/Egbema Local Government in Imo state.