by Akan Ido Former Intercontinental Bank managing director, Erastus Akingbola has been refused permission to travel abroad for medical treatment. Akingbola, who is reportedly standing trial with Bayo Dada, the general manager of Tropics Security Limited, was refused permission for failing to provide sufficient proof showing his health condition needed urgent medical attention. Justice Adeniyi... Read More

Adeniyi Onigbanjo, Bayo Dada, EFCC, erastus akingbola, Intercontinental Bank

August 2, 2012

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“We will sell everything Akingbola has in this world” – Sanusi reacts to London court ruling

by Stanley Azuakola This is the kind of news that gets a #Lobatan comment on Twitter. Following Tuesday’s London court ruling, in which Justice Burton ordered the erstwhile CEO of Intercontinental Bank to refund N164 billion, being the proceeds of what the court felt was a shares fraud, the CBN governor Sanusi Lamido Sanusi has... Read More

erastus akingbola, Intercontinental Bank, London court, Sanusi Lamido Sanusi

January 29, 2012

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“Sacked staff were treated with dignity” – Access Bank says on 1500 laid off

By Kemi Omosanya The move has been criticised by several people as inhumane In 2011, Access Bank acquired 75% majority stakes in Intercontinental Bank Plc, and took over the latter’s assets, liabilities and undertakings. The merger of both banks is supposed to be completed by March 2012, upon which they will be fused and Intercontinental... Read More

Access Bank, Intercontinental Bank, Internet, job loss, merger, Staff

Hell no: Court refuses Akingbola’s request to be treated abroad

“We will sell everything Akingbola has in this world” – Sanusi reacts to London court ruling

“Sacked staff were treated with dignity” – Access Bank says on 1500 laid off

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