The Lagos State Commissioner of Police, Abiodun Alabi, has placed the State Intelligence Bureau (SIB) of the command on red alert over alleged plans to…
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Category: Business
Wema Bank records impressive financial performance in 2022 Half-Year Reports
Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all…
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Money laundering: ECOWAS agency fingers Nigerian casinos
The West African financial intelligence agency, Inter-Governmental Action Group against Money Laundering, has said 300 casinos operating in Nigeria may be involved in money laundering.…
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Naira vs Dollar: EFCC raids Bureaux de Change operators
Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja. The raid,…
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Telcos kick as FG plans 12.5% call tax
Nigerian telecommunication consumers under the aegis of the National Association of Telecoms Subscribers have said the move by the Federal Government to increase the total…
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National Security Adviser, Babagana Monguno blames media for increased bandit attacks
The National Security Adviser, retired Maj.-Gen. Babagana Monguno, has blamed the media for the increased bandit attacks around the Federal Capital Territory. Monguno stated this…
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Forex crisis: EFCC raids Bureau De Change hub in Abuja
Operatives of the Economic and Financial Crimes Commission (EFCC) have raided a Bureau De Change (bdc) hub at Wuse Zone 4, which is home to…
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Buhari okays commercial operation for Lekki deep seaport
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a customs port and approved wharf. The Federal Government has pointed out that…
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Non-remittance of dollars by NNPC behind Naira crisis – CBN says
The Central Bank of Nigeria CBN says the non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for the…
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FG says it used $35 million from Excess Crude Account to purchase Offshore Patrol Vessels
The Federal Government has responded to reports that the Excess Crude Account has dropped from $35.7 million to $376,655. The government disclosed that the $35million disbursement from…
View More FG says it used $35 million from Excess Crude Account to purchase Offshore Patrol Vessels