Money

Nigeria’s Finance Minister, Zainab Ahmed, has stated President Muhammadu Buhari has allowed for skeletal operations in the financial system and money markets during the lockdown in Lagos, Abuja and Ogun.

Morocco will spend an initial 2 billion dirhams ($200 million) to help its health system cope with the coronavirus outbreak, the finance ministry said on Friday as the number of confirmed cases in the country rose to 333.

For fear of possible lockdown due to COVID-19 pandemic, Ibadan residents, on Wednesday, trooped to markets in the metropolis to stock up foodstuffs.

Spotify’s always billed itself as a platform for creators, so today, it announced that it’s going to help artists in need. The company will allow creators to link out to donation pages, whether it’s their own, a friend’s, or just an organization’s.

Access Bank Plc has taken its Global Money Week sensitisation campaign to Nasarawa State to educate students on how to use money to transform their communities.

The Lagos State Ministry of Home Affairs said government was planning to review the Law on money lending activities in the state.

Fleeing 22-year-old Daniel Okocha, who allegedly stabbed his lover, Nkechi Agwor, to death, over suspicion that she was cheating on him, has been arrested in his hideout by detectives at the State Criminal Investigation and Intelligence Department, SCIID, Yaba Lagos.

A retiree of a five-Star hotel in Lagos, Afolabi Taiwo, has allegedly committed suicide.

The senator representing Osun Central, Ajibola Basiru, said some of his aides entered his bedroom and stole an undisclosed amount of money when he was on vacation.

The Zonal Head, Economic and Financial Crime Commission [EFCC] in Ilorin, ACP Isyaku Sharu, Tuesday handed over N263,327,800.00 [Two hundred and sixty-three million, Three hundred and twenty-seven thousand and Eight hundred naira only] cash out of N5B allegedly looted by top government officials of the last administration in the state through their cronies to the Governor of Kwara state Mallam Abdulrazaq Abdulrahman in his office.

An Ekiti State High Court sitting in Ado Ekiti, on Monday, sentenced a 21-year-old man, Isa Abdulkareem, to death by hanging.

Three Nigerians have been indicted by a US federal grand jury in Bismarck, North Dakota, after investigators said they stole $348,000 from a Dickinson company through a complicated computer fraud scheme.

BFIG Group has once again accused Bureau of Public Enterprises (BPE) of lining its path to taking possession of Aluminum Smelter Company of Nigeria (ALSCON) with thorns.

Torch-bearing veteran singer Zaaki Azzay has alleged that the Nigerian music industry as of today, is driven by investments from drug barons and Internet fraudsters also known as Yahoo Boys.

Nigerian ace rapper Eedris Abdulkareem, who was recently dragged before the police for reportedly beating up his landlord, whom he accused of sexual harassment, has taken a swipe at the popular actress, Mercy Aigbe.

Former Super Eagles goalkeeper Idah Peterside has recounted how the unquenchable hunger for money and fame led him into the horrible world of occultism.

The Muslim Rights Concern (MURIC), has urged the police to sustain efforts aimed at uprooting criminal hideouts in the country following the successful raid at Kuduru forest in Kaduna state where about 250 criminals were killed.

Without a doubt, one of the common themes in Nollywood is money rituals. While such stories could be entertaining, especially with the mystical manipulations embedded in them, Minister of Works and Housing and former governor of Lagos State, Babatunde Fashola, during the week asked moviemakers to stop telling such stories, because, according to him, money ritual is a myth.