News
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Naira Abuse: Import of Court Judgment on Cubana Chief Priest
Consequent on the judgment of Justice Kehinde Ogundare of the Federal High Court sitting in Lagos on the terms of…
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Recapitalisation: SEC to slam N1.1m fine on non-compliant financial institutions
In an effort to enforce capital adequacy standards and protect investors, the Securities and Exchange Commission (SEC) announced a N1.1…
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IOCs frustrating our refinery’s effort to buy crude locally — Dangote
Mr Devakumar Edwin, the Vice President of Dangote Oil and Gas Industries, has accused International Oil Companies (IOCs) in Nigeria…
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Former Konga CEO, Nick Imudia takes his own life.
This is the sad tale of how Nick Imudia, a former Chief Executive Officer (CEO), of Konga, one of Nigeria’s…
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Abuja Land Racket: EFCC Arraigns Two for Forgery
The Economic and Financial Crimes Commission, EFCC, on Wednesday, June 26, 2024, arraigned the duo of Zahradeen Muhammed Bello and…
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New CBN circular permits IMTOs to sell FX directly on Nigeria’s official window
The Central Bank of Nigeria (CBN) has permitted eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on…
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2024: Moody’s says Nigeria to spend 36% of revenue on debt interest
Global ratings agency, Moody’s, has stated that in 2024, Nigeria will spend about 36 per cent of its revenue on…
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FBNH: Femi Otedola Reinforces Equity Interest in FBNH with 797m Additional Shares
Following Thursday’s acquisition of 863m shares of FBNH, Mr Olufemi Otedola, Chairman and largest individual shareholder in FBNH Plc has…
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N90bn Hajj Subsidy: Niger Gov Accuses NAHCON Of Mismanagement, Asks FG To Scrap Commission
Governor Mohammed Umaru Bago of of Niger State has called for the scrapping of the National Hajj of Commission of…
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Alleged $5m Fraud: Court Dismisses Defendant’s Application Challenging Jurisdiction
Justice Mojisola Dada of the Special Offences sitting in Ikeja, Lagos, on Thursday, June 13, 2024, dismissed the application filed…
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