Calabar Carnival 2024 Kicks Off in Style

Calabar Carnival 2024 Kicks Off in Style

2024 Calabar Cultural Carnival Flagged Off Nine states and 18 local councils showcased their cultural heritage. Theme for this year: “Our Shared Prosperity.” Zenith Bank joins as a major sponsor to enhance the event. The 2024 Calabar Cultural Carnival officially commenced with participation from nine states—Kebbi, Kogi, Niger, Akwa Ibom, Edo, Adamawa, Delta, Osun, and … Read more

Zenith Bank Manager Sentenced for Defrauding Victim of $46,900

Zenith Bank Manager Sentenced for Defrauding Victim of $46,900

A former Zenith bank manager, Fidelis Egueke, has been sentenced to six months in prison by a Chief Magistrate’s Court in Asaba, Delta State, for defrauding a victim of $46,900 under false pretenses. The judgment was delivered by Chief Magistrate Callistus Isioma Moeteke. The case was brought to court by prosecutor Raphael Ogechi Eze of … Read more

BREAKING: Dangote Refinery Slashes Petrol Price To N899.50 per Litre

NNPCL Drops Petrol Price

Dangote Refinery reduces PMS price to N899.50 per litre. Price cut aims to ease transport costs during holidays. Consumers can buy extra litre on credit with bank guarantee. Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS) to N899.50 per litre, effective immediately. The announcement was made in … Read more

Don Jazzy Supports VeryDarkMan’s NGO with N100 Million

Nigerian activist VeryDarkMan (VDM), also known as VDM, has confirmed that the celebrated music producer Don Jazzy was the generous benefactor behind a remarkable N100 million donation to his NGO. VDM made the announcement on October 17 via his verified Instagram account, expressing both surprise and profound gratitude for the contribution. Previously, VDM had voiced … Read more

Court Sets October Date To Kick Emefiele’s Trial Back Into Gear

Court Emefiele Asset Forfeiture

A Federal Capital Territory High Court in Maitama has set October 21 for the next phase of the trial of former CBN Governor Godwin Emefiele, following the testimony of a key witness and the submission of crucial documents. Eko Hot Blog reports that a Federal Capital Territory High Court in Maitama has scheduled October 21 for the … Read more

PHOTOS: Otedola Exposes “Fraud” In Zenith Bank, Escalates Feud With Jim Ovia

Eko Hot Blog reports that the rift between billionaire businessman Femi Otedola and Zenith Bank chairman Jim Ovia has intensified over an alleged multibillion naira fraud accusation. According to TheCable, Otedola claimed Ovia unlawfully traded using Seaforce Shipping Limited’s Zenith Bank account without his consent. Editor’s Picks  Tinubu’s Ally Recommends ₦90,000 As New Minimum Wage … Read more

Emefiele’s Legal Fight Deepens: EFCC Reveals New Proof

Emefiele Jurisdiction EFCC

Emefiele’s Legal Fight Deepens: EFCC Reveals New Proof. He faces charges of abuse of office and fraud. EFCC presents more evidence through a witness from Zenith Bank. EKO HOT BLOG reports that the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele proceeded on Thursday, with the Economic and Financial Crimes Commission (EFCC) presenting … Read more

How I Collected $3m Cash For Emefiele – CBN Employee Tells Court

Eko Hot Blog reports that a Central Bank of Nigeria (CBN) employee has disclosed how he collected $3m cash for Emefiele According to NAN, the witness, Mr Monday Osazuwa, on Friday told an Ikeja Special Offences Court how the former apex bank governor, Godwin Emefiele, on different occasions, directed him to collect three million dollars … Read more

Zenith Bank Clinches Best Bank In Nigeria Award For Fourth Consecutive Year

Zenith Bank

Zenith Bank Plc has been named the Best Bank in Nigeria for the fourth consecutive year in the Global Finance Best Banks Awards 2024. The selection process for the awards involved extensive consultations with financial executives, analysts, and consultants worldwide, considering factors like asset growth and innovation. Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive … Read more

Zenith Bank Appoints Dr. Adaora Umeoji As First Female GMD

Zenith Bank Appoints Dr. Adaora Umeoji As First Female GMD

Eko Hot Blog reports that, in a groundbreaking move, Zenith Bank Plc has appointed Dr. Adaora Umeoji as its new Group Managing Director, effective June 1, 2024. This appointment marks a significant milestone as Umeoji becomes the first female GMD in the bank’s history. Editor’s Pick: FG Begins New Expatriate Job Policy, Violators Risk N3m … Read more

Net Open Operation: Reps Uncovers Five Banks Withholding $5bn Forex

Eko Hot Blog reports that the House of Representatives on Wednesday uncovered five banks withholding five billion dollars in forex. Worried by the instability in the foreign exchange market in the country, the House mandated the joint Committees on Banking Regulations and Banking Institutions to conduct an investigative hearing into the non-compliance by banks and … Read more

Subsidy Removal: Zenith Bank Staff Salary Soars By 100%

Eko Hot Blog reports that Zenith Bank has increased the salary of its staff across its branches in the country by 100 percent. The financial institution is making this attempt to lessen the impact of the removal of fuel subsidy. Recall that President Tinubu on May 29, 2023, during his inauguration announced the removal of … Read more

Revealed: Why Zenith Bank Shut Down Some Branches Nationwide

Zenith Bank

Zenith Bank Shut down some of its branches nationwide. Some commercial banks have not been able to cope with the scarcity of naira notes. According to reporters, the manager has decided to close some branches to protect the lives of staff in ‘threatening’ areas. EKO HOT BLOG reports that Zenith Bank has temporarily shut down … Read more

Tension As Police Seal Zenith Bank Branches In Imo

Tension As Police Seal Zenith Bank Branches In Imo

Tension As Police Seal Zenith Bank Branches In Imo National Industrial Court in Owerri issued an absolute garnishee Order against the bank in a suit EDITOR’S PICK Popular Nigerian Journalist Arrested By FIB [PHOTO] Terrorists Invade Bishop Kukah’s Church Kidnap Priests, Others Again, EFCC Storms Okorocha’s Residence To Arrest Him [PHOTOS] EKO HOT BLOG reports that … Read more

Zenith, Kuda, GT Bank Issues: Here Is How To Report Your Bank To CBN

Report Your Bank To CBN

If you’re finally tired of Zenith Bank, Kuda Bank, GTB and other Nigerian banks’ issues, below is how to report your bank to CBN …See What you should know, how to lodge a complaint with the CBN EDITOR’S PICK 2023: APC Commences Sale Of Nomination Forms House Of Assembly Member Dumps APC For PDP [PHOTO] … Read more

FULL LIST: CBN Removes ATM Maintenance Fee, Cuts Other Bank Charges

CBN

CBN has removed ATM maintenance fee and also reduced other bank charges. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has reviewed charges and rates for electronic banking operations in the country. The development was disclosed in the CBN new ‘Guide to Charges to Banks Other Financial and non-financial, on Thursday, 27th … Read more

Zenith Bank Staff Commits Suicide

A Zenith bank staff has committed suicide. EKO HOT BLOG reports that a Zenith Bank Staff identified as Nwokorie Nnamdi Godson has reportedly committed suicide in Sapele, Delta State. It was reported that his remains was found dangling from the scaffold of the water tank where he allegedly hanged himself at the Ugbeyiyi area of … Read more

EFCC Rearrest Mompha Over Money Laundering Allegations

EFCC

Mompha is alleged to have used his registered companies to receive illicit funds on behalf of “yahoo yahoo” boys…  EKO HOT BLOG reports that operatives of the Lagos Command of the Economic and Financial Crimes Commission (EFCC) have re-arrested a suspected internet fraudster, Ismailia Mustapha, for laundering funds obtained through unlawful activities and retention of … Read more

Wigwe’s Blueprint for Access Bank Aggressive African Expansion

Access Bank

The Managing Director/Chief Executive of Access Bank Plc, Mr Herbert Wigwe, in an interview with Cable News Network (CNN) speaks on the bank’s move to break more grounds and expansion move into other African nations EKO HOT BLOG gathered that Access Bank Plc is putting in more effort to conquerer the African nations in a … Read more

Ecobank Nigeria Wins “Consumer Finance Product Of The Year”

Ecobank Nigeria

Ecobank Nigeria bags “Consumer Finance Product of the Year” award at the Middle East & Africa (MEA) Retail Banking Innovation Awards organized by Digital Bankers.  EKO HOT BLOG reports that the Middle East & Africa (MEA) Retail Banking Innovation Awards has named Ecobank Nigeria winner of “Consumer Finance Product of the Year” at the Middle … Read more