GTBank Drags Customer, Otunba Ayoola Abioye To Appeal Court Over N400M Loan

Segun Agbaje , Managing Director, Guaranty Trust Bank

One of Nigeria financial institutions, Guaranty Trust Bank has dragged business man, Otunba Ayoola Abioye to appeal court over a N400m loan arrangement turned sour.
Here are details of this business arrangement turned

Skye Bank in ₦16.9m Scam … Details of How EFCC Nabbed Three Staffs

Kehinde Durosinmi-Etti

When a handshake reaches the elbow, it’s a sign of danger. The rate of fraud perpetuating Skye bank has become a thorn in the flesh to customers who are now jittery over the safety of their hard earned money.

Most recently, three former bankers with the Kehinde Durotimi-Etti led Skye Bank Nigeria Plc,  were on Tuesday, May 27, 2014 arraigned before Justice Akindavid Oladimeji of  Osun State High

Aftermath Of Messy Break up Rumour Of Monalisa Chinda's Sex Tape Hit Town

Monalisa Chinda

The business and romantic break up between actress Monalisa Chinda and socialite, Lanre Nzeribe has taken another not so beautiful a bend.
Information filtering in revealed that added

The Untold Story Of How Oil Billionaire, Jide Omokore Suffered Stroke

bashorun jide omokore

These are not the best of times for Bashorun Jide Omokore, the famous billionaire and oil merchant. According to very dependable sources, the influential Kogi born oil merchant who is believed to be an extremely close ally of Deziani Allison Madueke, the influential Petroleum Resources Minister, is down with stroke and he was recently flown abroad. Prior to the ailment, it was gathered that Omokore was battling some undisclosed health issues.
The ELITES reliably gathered that the recent health complications occurred over the issue of some huge missing money, which he was alleged to have known quite a lot about. It was gathered that at some point, sometimes between the end of March and early April, he was invited by the Presidency and he was tongue- lashed over his roles in the missing money. Sources disclosed that, at a point, Omokore even broke down when the verbal dressing   down got to him. Since then, his health crisis seemed to have increased to the point that he could no longer talk very well.
After the heart attack that led to the stroke, it was gathered that Omokore was taken to two different hospitals before he was eventually flown abroad. It was reliably gathered that his recent health challenges have caused a lot of panic in circles close to the top in the oil sector, especially, at the Nigerian National Petroleum Corporation, NNPC, given his closeness to those who run the sector and the dirty jobs he has been doing for them.
Not a few of the top shots in the Ministry have been praying for Omokore’s speedy recovery and that the ailment will not affect his ability to reason well.
Omokore is believed to be the hatchet- man for most of the deals involving the Petroleum Resources Minister, Allison Madueke as well as some senior top Directors in NNPC as well as the Petroleum Ministry.
It will be recalled that the former Permanent Secretary in the Petroleum Ministry was sacked last year after he hosted his daughter’s wedding to Dubai. The groom’s father was none other than oil billionaire, Jide Omokore.
Hundreds of guests from across party lines including the harshest critics of Jonathan’s government were all flown to the UAE at Omokore’s expense.
Omokore is the Executive Chairman of Energy Resources Group. He is an astute business mogul with over two decades experience in all facets of business endeavors.
Described as a man of uncommon zeal and passion for his calling in entrepreneurship, Omokore owes and oversees a vast business empire with substantial investment in many key sectors of the economy, including upstream and downstream oil and gas industry, estate and property development, and aviation, among others.

Source: TheElites

Oba of Lagos Opposes Obafemi Hamzat as Fashola's Successor

Oba of Lagos,

Obafemi Hamzat

In what looks like a hint of the final decision of elders and king makers in Lagos State, the traditional ruler of Lagos, Oba Rilwan Akiolu, on Thursday declared the nomination and support for

Bomb Explosion Rocks “Sabon Gari”, Kano

A vehicle laden with bomb was detonated on Sunday night in Sabon Gari area of Kano State and has left  a lot of residents dead . An eyewitness affirm that the explosion occurred at

Diamond Bank MD, Alex Otti Gets Twins From Baby Mama

Alex Otti

To say that the Managing Director of Diamond Bank, Alex Otti, is enjoying the best of times at the moment would definitely means telling the obvious

Apapa LG Chairman, Hon. Joseph Ayodeji In Adultery Mess … Relocates snatched Lover To Nigeria

hon. Joseph Ayodeji

This is not a story of a boy meets girl mostly read in romantic novels nor Mexican movies that is currently ranging Nigeria television, but a reality. The tune is different. Hon. Joseph Ayodeji, chairman of Apapa Local Government is currently sliding through

Stanbic IBTC, Tech Mahindra In Pension Fraud Saga +How Bank’s ED Connived With Tech Mahindra To Defraud Airtel Nigeria

David Shola Borha (MD/CEO Stanbic IBTC)

Reliable information from perching birds has revealed the alleged involvement of Stanbic IBTC pension managers in pension fraud rocking Tech Mahindra, an Agent of Airtel Telecommunications Nigeria.
As terms of agreement between Airtel Nigeria and Tech Mahindra, payments of

Lagos State Governorship Aspirant, Akinwunmi Ambode In Paternity Scandal

Akinwunmi Ambode

If reports making the rounds are anything to go by, it means the ambition of Akinwunmi Ambode of becoming the next Lagos Governor may just be a case of building a castle in

Mega 'Owambe' Party Looms As Billionaire Bizman, Femi Otedola's Wealthy Father- Sir Michael Otedola Dies At 87!

Michael Otedola Former Governor of Lagos state and quietly wealthy personae, Sir Michael Otedola is dead. The father of celebrity billionaire, Mr Femi Otedola reportedly passed on

Another Bomb Explosion Rocks Nyanya, 17 Dead, 41 Injured

A vehicle laden with explosives was denoted on Thursday evening ,at Zuba Park,killing 17 people and injuring many others.
Zuba Park is located opposite Nyanya motor Park, where a bomb explosion orchestrated by

Diamond Bank Defrauds West and Gate (W&G) Limited of N150M

Alex Otti, CEO, Diamond Bank

Diamond Bank Plc, one of Nigeria’s financial institutions is in a fresh crisis.
This time, the bank is being alleged of illegally deducting the sum of N150 million from one of its customers account.
In a letter written to Diamond Bank Plc by Citi Lawyers solicitors of a

MTN Mast Kills Man At His Child's Dedication

The christening ceremony of a baby turned sour, on Saturday morning, at Okwagbe community, Ughelli South Local Government Area of Delta State, when a telecommunication mast, belonging to one of the major telecommunication service providers (MTN), collapsed and  killed the

EFCC After Kola Aluko Who Spent $1.5 Million On Champagne In One Hour

Kola Aluko

There are indications that the  Economic and financial Crime Commission (EFCC) may have received a petition against oil and gas tycoon, Kola Aluko.

Sources hinted that Aluko’s business concerns may

Rotimi Amaechi's Wife Denies Ever Being A House Maid

Judith Amaechi (First Lady, Rivers State)

Rivers State Governor Rotimi Amaechi’s wife Judith said yesterday that she was never a maid.

 Mrs. Amaechi spoke in Port Harcourt while answering questions at

Nollywood Actor, Chris Nkulor Passes On!

Chris Nkulor

Nollywood actor, Chris Nkulor who was diagnosed of a kidney ailment is dead. And this is happening barely one month after a campaign was launched to help raise N3million for his treatment at the Obafemi Awolowo University Teaching hospital Ile-Ife Nigeria. News of his death filtered in yesterday. May his soul rest in perfect peace.

APC Topshot Strangles Wife, Hits Her Head On Glass!

Bashorun Bayo Awosanya

The case of violence against women is rising at an alarming rate, writes OLASHILE SOTUMINU.

The latest of this ugly social malaise is that of Bashorun Bayo Awosanya, a

Witch Hunter & Popular Preacher, Apostle Helen Ukpabio Faces International Ban Over Claims Less Than 2yr Old Children That Cry Are 'Servant Of Satan' ...details of growing moves to sanction her

Helen Ukpabio Popular preacher, Helen Ukpabio is back in her comfort zone- web of controversy. The controversial witch hunter is labelled facing international ban over

Tony Elumelu’s Exertion Of Power Grinds UBA Board Of Directors +How He Installed Loyalists In Key Positions

Tony Elumelu (Former MD, UBA)

Forget the show offs being put up by the management of United Bank of Africa, UBA, we can authoritatively confirm that all is not well with the bank at the moment. Aside the fact that the bank ranks