Big Business

EFCC arrests former Skye Bank chairman, Tunde Ayeni
Big Business

EFCC arrests former Skye Bank chairman, Tunde Ayeni

Nigeria’s Economic and Financial Commission, EFCC, has again arrested and detained Mr. Tunde Ayeni, the former chairman of the defunct Skye Bank Plc. Nigeria’s Punch Newspaper reported that Tunde Ayeni was picked up by the anti-graft agencies for alleged corrupt practices involving billions of naira. The spokesman for the EFCC, […]

MTN looks to get banking license for Nigerian unit
Big Business

MTN looks to get banking license for Nigerian unit

South Africa’s MTN Group Limited said it is looking at getting a banking license to further cement its operations in Africa’s largest economy. MTN is Nigeria’s largest mobile carrier. However, the company has drawn the hire of regulators in Nigeria for various infractions and regulatory offences. The chief executive officer […]