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University of Lagos gets N5 billion for research

The University of Lagos (UNILAG) was able to attract up to N5 billion in research in the past one year, a lecturer in the university has said.

NYSC: Why we can’t pay N30,000 minimum wage to corps members

The National Youth Service Corps (NYSC) has said it cannot pay the N30,000 minimum wage to corps members yet because it is yet to get such directive from the federal government.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank unveils scheme for smartphone purchase

Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion.
Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, has held an event to launch the Verve Global Card.

Verve Global Card launches first international transaction in New York

Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, has held an event to launch the Verve Global Card.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank partners federal government on women speak project

Initiative’ has partnered with the Federal Ministry of Women Affairs on the 50 Million Women Speak Project with ECOWAS designed to empower women in business across Africa on skills required to build sustainable businesses.
Akinwunmi Ambode Lagos APC

Former Governor Ambode denies links to N9.9 billion frozen bank accounts

The immediate past governor of Lagos State Mr. Akinwunmi Ambode, said on Friday that he has nothing to do with the bank accounts frozen by a federal court on Tuesday over an alleged N9.9 billion fraud.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

N9.9bn fraud: Only N300 million remains in Lagos’ three accounts – EFCC

The Economic and Financial Crimes Commission, EFCC, has disclosed that only N300 million remained in the three accounts operated by the Lagos State Government which the court ordered the commission to freeze on Tuesday.
Nigerian Stock Exchange NSE

NSE market capitalisation bows to sell pressure, down by N69 billion

Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

Court orders EFCC to freeze Lagos government account

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday ordered the Economic and Financial Crimes commission, EFCC, to freeze the sum of N9.9bn belonging to the State.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank’s collateral-free loan targets 30, 000 MSMEs in 2019

Access Bank Plc is offering collateral-free financing support targeting 30, 000 Micro, Small, and Medium Enterprises (MSMEs) this year alone.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank: We granted N37 billion in loans to SMEs in 2018

Access Bank Plc has said it granted up to N37 billion in loans to its Small and Medium Enterprises (SMEs) customers in 2018.

Oando records six per cent increase in turnover

The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.

Federal government files motion seeking forfeiture of N2 billion, properties linked to PEF official

The federal government has filed an application before the Federal High Court in Abuja seeking for interim forfeiture of monies and properties allegedly traced to an official of Petroleum Equalization Fund (PEF).
Nigerian Stock Exchange NSE

NSE drops to 27,000 mark, amid Seplat losses

The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached all time low of 27,864.49 due to sell pressure in Seplat and 18 other equities.

Senator Nwaoboshi denies owning properties seized by federal government

The senator representing Delta North District, Peter Nwaoboshi, has claimed that the properties sealed by the federal government on Saturday do not belong to him.
The presidential panel in charge of recovering stolen public properties on Saturday took temporary possession of several properties allegedly owned by Peter Nwaoboshi, the senator representing Delta North District.

Forfeiture order: Presidential panel seals senator’s properties across Nigeria

The presidential panel in charge of recovering stolen public properties on Saturday took temporary possession of several properties allegedly owned by Peter Nwaoboshi, the senator representing Delta North District.
Nigerian Stock Exchange NSE

NSE market indices open July with 1.18 per cent loss

Activities on the Nigerian equities Market opened for the month of July on a negative note with the crucial market indices dropping by 1.18 per cent.
FILE PHOTO- Nigerian Senate President Bukola Saraki arrives for a news conference at the National Assembly in Abuja, Aug. 8, 2018. REUTERS-Afolabi Sotunde-File Photo

EFCC: How Senator Saraki diverted N12 billion from Kwara treasury

The Economic and Financial Crimes Commission, EFCC, claims former Senate President Bukola Saraki withdrew N12bn in cash from the treasury of the Kwara State Government while he was governor of the state between 2003 and 2011.

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Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.
The team’s General Manager, Musa Adamu revealed that the team had to wait for the NBBF President, Musa Kida to return from Senegal where he went to cheer the D’Tigress to their fourth African title.

FIBA World Cup: D’Tigers departs for China on loan

The Men’s senior National Basketball Team will tonight leave for China for the final phase of their 2019 FIBA World Cup preparations.
The Federal High Court Abuja, on Monday, refused to grant a request stopping President Muhammadu Buhari from inaugurating the 43 ministerial nominees over the exclusion of an FCT indigene from the cabinet list.

Pass all requests for meetings with me through Abba Kyari – President Buhari tells ministers

President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
Tukur Buratai

COAS: Nigerian Army ready to enhance local capacity in logistics provision

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has expressed the readiness of Nigerian Army to enhance local capacity in providing logistics for its operations.
Omoyele Sowore

#RevolutionNow: Court refuses to release Omoyele Sowore

A Federal High Court in Lagos has declined to order the release of SaharaReporters publisher, Omoyele Sowore, and other persons in connection with the August 5, #RevolutionNow protest.