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After publishing the news of Financial council suspension of IBTC directors,Gistmaster got a message from the bank stating their own side of the story. Our attention has been drawn to the media statements by the Financial Reporting Council of Nigeria (FRCN) in which several inaccurate and unseemly allegations were made against Stanbic IBTC Holdings PLC (“Stanbic IBTC”). Although the matter is in court, we are

Speaker of the House of Representatives, Honourable Yakubu Dogara, on Sunday, in Jerusalem, the capital city of Israel, publicly revealed  how God used the Ekiti State governor, Mr Ayodele Fayose, to win the battle associated with his election as Speaker.                                    Giving his testimony at a special pilgrimage programme: “A day with Jesus for Nigeria in Israel,” organised by the Nigerian Christian Pilgrims Commission (NCPC), held

The Financial Reporting Council of Nigeria has suspended the Chairman of Stanbic IBTC Bank Plc, Atedo Peterside; its Managing Director, Sola David-Borha; and two staff of KPMG, Arthur Oginga and Dr. Daru Owei, over accounting irregularities and improper disclosures in Stanbic IBTC’s 2013 and 2014 financial statements. The FRC in a statement on Monday, said Peterside, David-Borha and the KPMG staff remain suspended until the conclusion of investigation into the

By Niyi Tabiti When I received a phone call in August this year that the new Ooni of Ife would be Prince Adeyeye Enitan Ogunwusi, I had little doubt. I have worked closely with the caller for some years. He later sent a profile of the Ogunwusi. He was very sure of his sources. Yeah, he was right. The Osun state government just announced the confirmation of the new Ooni of Ife. He will go through several rites and would be the custodian behind 201 deities of Yorubaland. Click here to read the about the new flamboyant title holder of Ooni of Ife.

  Desperate Housewives' Dolapo Ooni has revealed the motivation behind her marriage to Prince Gbite, the second son of the late of Ooni of Ife. Dolapo said the first time they met in 2011 in Abuja, she was not responsive the first time.  But she got attracted and fell in love with him the second day at a pool party. She

  Jumia just sacked about 300 staff and that is really no good news to many people who have been following the trend in e-commerce business in Nigeria. Rocket Internet the major investor behind Jumia have not issued a statement on the future of it business in Nigeria.   But Gistmaster gathered that Jumia's office in Zambia is shut and out of business.Felicia Omari-Ochelle, writing for Venture Africa noted that despite the huge investor fund,Jumia is yet to declare profit in Nigeria.    If Jumia sacks 30 per cent of it workforce in Nigeria. What does that mean? Do i hear you say Konga, it major competitor led by Sim Shagaya is winning? Well, Konga carried out it own mass sack in the past.

Why is Senator David Mark always silent in the 8th assembly?.This is a very hilarious question, just as it should be taken seriously. A nairalander,Udeghe asked the question recently.Mark was the Senate president durning past administrations. He was re-elected to the House of Senate on