A warrant of arrest has been issued against Mr Ademola Adebisi, Managing Director of Wema Bank Plc, for alleged forgery.
The All-Share Index advanced by or 0.98 per cent to close at 50,126.41 against 49,638.94 achieved on Friday.
Investors traded 179.327 million shares valued N7.123 billion in 4,654 deals.
“On January 28, 2021, via transaction ID No: M35660, he received the sum of N424,811,000 from Caverton and N160,000,000 from Dana,” added the prosecutor.
Market sentiment was positive with 21 gainers relative to 17 losers.
Wema bank joined in the “fund challenge” and sent Davido a million naira.
Eterna drove the laggards’ chart in percentage terms, shedding 9.03 per cent to close at N6.65 per share.
Corporate bodies in Nigeria had abstained from Twitter since the Buhari regime banned the platform on June 5.
The Bank of England is withdrawing its £20 and £50 old paper notes in place of new polymer design.
Bank of England has announced it will be withdrawing the £20 and £50 notes after September 2022, but Nigeria’s WEMA Bank gave its customers a January 2022 deadline.