The Central Bank of Nigeria (CBN) has thrown more light on the alleged N30.9 billion withdrawals between December 26 and 31, 2007 by the Ministry of Transportation, saying as a rule the bank does not pay physical cash from any capital account. Detail
Two former Ministers of Aviation, Professor Babalola Borishade and Chief Femi Fani-Kayode, were yesterday arrested by officials of the Economic and Financial Crimes Commission (EFCC) over the controversy trailing the disbursement of the N19.5 billion Aviation Intervention Fund.More
"We are proud to be Nigerian and we firmly believe that the world's largest black nation should benefit from the advances made in telecommunications and information technology. We will use this advancement to spur Nigeria's economic and socio-political success" - Mike Adenuga.. Detail
Guaranty Trust Bank plc was incorporated in July 1990, as a private limited liability company, wholly owned by Nigerian individuals and Institutions. The Bank was licensed as a Commercial Bank in August 1990 and commenced operation in February 1991.. Detail
Virgin Nigeria is Nigeria's private sector flag carrier, 51% owned by Nigerian institutional investors and 49% owned by Virgin Atlantic. The airline was formed in September 2004 when the Fed. Gov. of Nigeria announced the selection of Virgin Atlantic Airways as the strategic investor.. Detail