Skye Bank Plc appears to be in deep trouble at the moment. Many of their branches in Lagos were today besieged by depositors eager to withdraw their money.  The depositors are scared that the bank may...

There is palpable fear among senior officers of Skye Bank over a report that the Central Bank of Nigeria has sacked its management. People & Power checks indicate a lot of uncertainty at the bank’s...

After German automobile conglomerate, Volkswagen admitted wrongdoing for the installation of software to forge emission readings in their cars, the automaker has agreed to pay $14.7 billion in fines for...

A respite of almost two weeks from attacks by Niger Delta Avengers on Nigeria’s oil pipelines and installations appears to be boosting the country’s oil fortunes. Oil production has been officially...

Central Bank of Nigeria is said to be selling an undisclosed amount of foreign currency on the interbank market to ease current shortages. This may be in line with the assurances given recently by the...

Business mogul, Founder and Chairman of Virgin Group, Richard Branson has said that his company has lost a third of its value, following the United Kingdom’s vote to leave the European Union. Branson...

A staggering $2.1 trillion dollars was reportedly washed away from global markets when the UK voted to leave the European Union on Friday. This report is based on the Dow Jones Index (DJI). The Dow also...

One of the top players in Nigeria’s insurance industry, Custodian and Allied Plc, has appointed Mrs Omobola Johnson as its Chairperson. She also becomes a director of the company. Dr Omobola Johnson...

Governor David Nweze Umahi of Ebonyi State has set up a 29 man committee to actualize his administration’s programme on women and youth empowerment. Inaugurating the committee headed by the  Commissioner...

Nigeria’s entertainment mogul and popular senator, Ben Murray-Bruce is in trouble. The Asset Management Corporation of Nigeria, AMCON, this morning seized some of the most prominent proprieties of his...

Nigerian billionaire, Jimoh Ibrahim is probably having the fight of his life as he contends with a court order which effectively freezes his personal assets and those of some of his companies. The order...

Nobody really needed to tell Nigeria’s Central Bank that the country’s economy was on its knees. What with foreign investment into Nigeria shrinking to an unimaginable level. Local businesses...

By Toyeke Oswide The Lamborghini is the ultimate luxury car brand for the super rich. Lamborghini cars appear on the latest music videos and blockbuster movies, they are sung about and penned to the newest...

The economy of oil-rich Venezuela appears to be in serious trouble. For Venezuelans who saw the good days during the oil boom, these times are night marish. All over the country, people now queue to buy...

Uncertainty is hanging over the global oil market. Thanks to the eruption of violence by militants in Nigeria’s oil–rich Niger Delta region and the wildfires ravaging the oil belt of Canada. For the...

Mrs. Omolara Imoowo is the Managing Director of Sumptuous Meal’s Ltd. Mrs. Juliana Omolara Imoowo is a highly resourceful, creative and exceptional caterer. She is the Managing Director of Sumptuous...

Mrs. Bola Adeniyi–Taiwo is a Co-Founder and the Managing Partner of the Workplace Centre Limited (TWPC), an HR and ICT consulting company. She graduated with a second-class upper degree in Law...

Mr. Eniola Fayose belongs to the class of young Nigerian entrepreneurs who are making bold marks in technology – related fields. A versatile and astute businessman, he is the founder and Chief Executive...