President Tinubu Okays Establishment Of RMDB, Appoints Adeniran Aderogba As President/CEO

President Bola Tinubu has approved the establishment of the Regional Maritime Development Bank while also appointing Mr. Adeniran Aderogba as the first President and Chief Executive Officer of the new financial institution. Team@orientactualmags.com learned that Minister of Marine and Blue Economy, Mr Adegboyega

Ponzi Scheme: Attention Returns To Relationship Between LTMB And Cititrust As Court Orders Forfeiture Of N6.7b Belonging To Cititrust

A group, the Osun Itesiwaju Alliance (OIA), has submitted that the decision of Justice Friday .N Ogazi of the Federal High Court, Ikoyi, Lagos, to order the final forfeiture of about N6.67 billion worth of a mortgage bank’s shares and other funds that were described

NCDF Opens Applications For 2025 Fortune Entrepreneur Accelerator, Summit And Venture Capital Programme

The Nigerian Capital Development Fund (NCDF) in collaboration with the National Board for Technology Incubation and the London School of Social Enterprise and Sustainable Economics has officially announced opening of Applications for the Fortune Entrepreneur Accelerator, Summit and Venture Capital Programme. This transformative

Again, Osun Govt Recommends Wale Bolorunduro For Appointment As Chairman Of Living Trust Mortgage Bank

A former banker and a one-time Commissioner for Finance in Osun State, Dr Adewale Bolorunduro, has been recommended for appointment as Non-Executive Director/ Chairman of the Living Trust Mortgage Bank Plc. A statement issued in Osogbo and made available to Team@orientactualmags.com on Tuesday

Gov Adeleke Says He Fears For The Future Of Living Trust Mortgage Bank In Petition To CBN, SEC…Cites Recent EFCC Press Statement

Governor Ademola Adeleke of Osun State has emphasized the need for the nation’s apex bank, the Central Bank of Nigeria (CBN) to launch an inquiry and seek necessary information about the history of the Cititrust Holding PLC noting that the firm getting declared

Group Says EFCC Declaring Cititrust Holding PLC ‘Illegal Company’ Has Gotten Gov Adeleke Vindicated

A group, Osun Itesiwaju Alliance (OIA) has submitted that a recent development has gotten Governnor Ademola Adeleke vindicated in respect of his stance on the running of the affairs of the Living Trust Mortgage Bank Plc. The group in a statement issued in

Access Bank To Customers: Your Money Is Safe , N500m Not Missing From Any Deposit Account

Access Bank has reacted to the video posted on social media by Mr Vincent Otse, who is popularly called VeryDarkMan, in which he had alleged that N500m is missing from a customer’s deposit account. Team@orientactualmags.com learned that the bank in a statement issued

Tax Reform Bills Imbroglio: NEC Urges President Tinubu To ‘Pause Action’…It’s Not Anti-North-Presidency…Senate, Reps Adjourn Until Nov 19

The tax reforms bills imbroglio continued on Thursday with the National Economic Council (NEC) asking President Bola Tinubu to suspend action and withdraw the bills in question from the National Assembly in order to carry out a ‘wide consultation’ on them. Governor Seyi Makinde of

Media Reports Claiming VAT Has Been Increased From 7.5% To 10% Untrue-Finance Minister

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has  described as untrue media reports claiming that VAT has been increased from 7.5 per cent to 10 per cent. Team@orientactualmags.com learned that the minister in a statement he issued in Abuja 

Don’t Invest In ‘Meme Coin’, SEC Warns Nigerians

The Securities and Exchange Commission (SEC), has warned members of the public against investing in ‘meme coin’ submitting that it would be risky and dangerous to do so. Team@orientactualmags.com learned that SEC  gave this warning  in a statement posted on its website on Friday.