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The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.
Operatives of the Advance Fee Fraud Unit of the Economic and Financial Crimes Commission, EFCC, Abuja, Headquarters, have arrested 25 students of the Ladoke Akintola University of Technology, LAUTECH, Ogbomosho, Oyo State, for their involvement in various forms of cybercrime including romance scam, love scam, possession of forged documents, and obtaining money by false pretence.
Operatives of the Advance Fee Fraud Unit of the Economic and Financial Crimes Commission, EFCC, Abuja Headquarters, have arrested 25 students of the Ladoke Akintola University of Technology, LAUTECH, Ogbomosho, Oyo State, for their involvement in various forms of cybercrime including romance scam, love scam, possession of forged documents, and obtaining money by false pretence.
The Governor-Elect of Ekiti State, Dr. Kayode Fayemi, has filed his defence to the petition by the candidate of the People’s Democratic Party (PDP) and outgoing Deputy Governor of Ekiti State in the July governorship election in Ekiti State, Professor Kolapo Olusola Eleka.
The immediate past President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, on Friday urged the Federal Government to focus on the service sector to boost the Gross Domestic Product (GDP).
The Chartered Institute of Bankers of Nigeria (CBN) has called on the Senate to urgently pass the Financial System Strategy (FSS 2020) Bills into law to promote financial inclusion and strengthen electronic payment system in the country.
The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, was on Saturday, April 7, 2018, unveiled as The Guardian Economic Personality of the Year 2017 in recognition of his contribution to stabilizing the Nigerian financial sector amidst recession as well as the Bank’s effort in development financing.
Economic experts have warned Nigeria not to be carried away by the influx of foreign portfolio investment dominating the Nigerian Stock Exchange (NSE), noting that a combination of highly mobile portfolio investments and unreliable crude earnings could unravel without warning, and cause external reserves to decline, as experienced from April to November 2008.
The Central Bank of Nigeria, CBN, has said the regulator may change its monetary policy stance next year from the current tightening position to an easing stand that will see the benchmark interest rate come down from the current 14 per cent.
The nation’s external reserves have hit $34bn from $33.6bn attained on October 25, the Central Bank of Nigeria has stated.
South Koreans were urged to cancel Christmas and New Year parties on Friday as daily coronavirus cases hit a nine-month high and the government considered imposing tighter social-distancing rules to halt a third wave of infections.
An Australian court on Friday dismissed eight out of 87 contempt of court charges against media on their reporting of ex-Vatican treasurer George Pell’s 2018 conviction for child sex assault.
At the recently concluded U.S. Consulate General Lagos Documentary Film Festival, Konwiser Brothers’ documentary ‘Make It Work’ received laudation from STEM (Science, Technology, Engineering and Mathematics) educators and innovators for its message of passion and determination.
The House of Representatives has mandated the Inspector General of Police (IGP), Mr. Mohammed Adamu, to order an aggressive investigation into this gruesome murder of the Olufon of Ifon in Ose Local Government Area of Ondo State, Oba Isreal Adegoke Adeusi, by unknown gunmen.
The Federal Government has said the country does not have an official data of persons living with disability, maintaining that the 25 million number being bandied around should be taken with a pinch of salt.
U.S. Health Secretary Alex Azar said Pfizer Inc’s COVID-19 vaccine could be authorized and shipped within days of a Dec. 10 meeting of outside advisers to the Food and Drug Administration tasked with reviewing trial data and recommending whether it warrants approval. A vaccine from Moderna Inc could follow a week later, he said, after the company announced on Monday that it would apply for U.S. and European emergency authorization.
Following the crisis that trailed the selection of a new Vice-Chancellor for the University of Ibadan, UI, that led to the process becoming inconclusive. the National Universities Commission, NUC, has directed the Governing Council of the university to appoint an Acting Vice-Chancellor to take over from the outgoing Vice-Chancellor, Professor Idowu Olayinka, on Monday, November 30.
Lagos State Government has raised alarm over continued theft of manhole covers on roads in the state, promising to continually pursue infrastructure delivery that would meet needs.
Religious leaders under the auspices of Interfaith Dialogue Forum for Peace (IDFP) have said that the nation’s current security architecture cannot solve the insecurity facing the country.
A senior police officer has been killed by yet-to-be-identified assailants in Calabar, Cross River State, Nigeria’s South-south.