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The lockdown arising from coronavirus appears to have slowed down the fight against corrupt practices in the country for close to six weeks.
The Spokesman of CBN, Isaac Okorafor in a statement said a special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.
Some financial experts have urged the federal government to use the loan approved by IMF for the purpose intended so as to help sustain the country’s economy.
The assets of Ademola Seriki, a former Minister of State for Defence and one time Supervising Minister for Mines and Steel Development are to be taken over by Asset Management Corporation of Nigeria (AMCON).
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of its drive to adopt cost effective method of bank failure resolution to protect depositors.
The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends.
The Securities and Exchange Commission (SEC) on Monday asked shareholders of the defunct Afribank Plc to claim their dividends.
Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
The Securities and Exchange Commission, SEC, said that it will continue to collaborate with relevant stakeholders to sensitise investors on the need to regularise their multiple accounts as well as claim their dividends.
The Securities and Exchange Commission, SEC, has again reiterated its earlier directives to shareholders of defunct Skye bank to claim their dividend payment.
The trial of the former Chairman of Skye Bank Plc, Tunde Ayeni, over alleged N4.5billion fraud charge slammed against him by the Economic and Financial Crimes Commission, will resume 10 October.
Justice Ijeoma Ojukwu of a Federal High Court, Abuja, has adjourned the trial of a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, to July 2, 2019.
The Economic and Financial Crimes Commission, EFCC, has re-arraigned a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, MD of the Bank, Timothy Ajani Oguntayo, before Justice Ijeoma Ojukwu, of a Federal High Court, Abuja, on an eight-count charge bordering on money laundering to the tune of N8 billion.
A Special Offences Court in Lagos has remanded a Malaysian immigrant, Tan Richard, at the Ikoyi Prisons for an alleged €250 million fraud.
A Federal High Court in Lagos has fixed October 16 for hearing in a suit filed by former First Lady, Patience Jonathan, challenging a “No Debit Order” placed on her accounts.
A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Elder statesman and Second Republic politician, Alhaji Tanko Yakasai, has offered fresh insight into the struggle for the independence of Northern Nigeria from British colonialism and the tyranny of indigenous traditional institutions in the region.
The Kaduna State Police Command on Saturday arrested some protesters, who took to the streets of the sate today over what they described as “genocide” in the southern part of the state and the government’s inability to arrest the situation.
No fewer than eight bandits and two villagers were killed when bandits attacked Zamfarawa village in Batsari Local Government Area of Katsina State.
President Muhammadu Buhari on Saturday reminded the military of their sacred duty to protect Nigerians irrespective of ethnic or religious backgrounds.
The Rotary Club of Abuja, District 9125, on Saturday, organised free hepatitis “B and C” screening as well as Liver Scan for residents of Piwoyi, a suburb located on the airport road, Abuja.
Edo state deputy governor Comrade Philip Shaibu on Tuesday, said the current administration of Governor Godwin Obaseki restored the pride and dignity to Edo people through the administration’s focus on development.
Mauritius’ Prime Minister Pravind Jugnauth declared a state of environmental emergency on Friday as the Indian ocean island battled to contain an oil spill. The...
The Ministry of Foreign Affairs has denied suggestions that it was frustrating the evacuation process of Nigerian students in Saudi Arabia.
Acting Vice Chancellor of the University of Port Harcourt, Prof. Stephen Okodudu, has expressed worries over the lingering crises rocking the institution.
Malam Shehu Sani, who represented Kaduna Central in the Senate from 2015 to 2019, has called on the Kaduna state government and security agencies to seek out better strategies toward ending killings in the state.