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Jelani Aliyu

Jelani Aliyu: Nigerians’ll soon access single-digit interest car loans

The Federal Government has opened talks with three banks in Nigeria to facilitate the establishment of single-digit interest loans for buyers of new vehicles being assembled in Nigeria.

Court attaches Imo’s accounts in central bank, 16 other banks over N1.5 billion debt

A High Court of the Federal Capital Territory (FCT), Abuja has ordered the attachment of funds in accounts owned by the Imo State Government in the Central Bank of Nigeria (CBN) and 16 other banks in the country.

N9.7 billion fraud: Ex-Naval chief was converting N558.2 million monthly to personal use –...

The ongoing trial of former Chief of Air Staff, Air Vice Marshal Mohammed Umar Dikko, before Justice Nnamdi Dimgba of the Federal High Court, Maitama, Abuja, for offences bordering on alleged money laundering and procurement fraud to the tune of N9.7 billion resumed yesterday with the examination of the prosecution’s ninth witness.
National Judicial Council | NJC

Stakeholders seek NJC intervention on violence during Rivers elections

Stakeholders in Rivers State on Tuesday has called on the National Judicial Commission (NJC) to ensure justice is meted out to perpetrators of violence during and after the 2019 general elections.

Supreme Court fixes date to decide on Patience Jonathan’s accounts

The Supreme Court has reserved judgment till March 8, 2019, in the appeal lodged by wife of former President Goodluck Jonathan, Patience, contesting the powers of the Economic and Financial Crimes Commission (EFCC) to size funds in bank accounts that were linked to her.
Stanbic IBTC

Stanbic IBTC inaugurates Africa-China banking centre

In a move aimed at offering Nigerian and Chinese clients a business-to-business networking and personal advisory service and also help them to access and unlock opportunities in Nigeria-China trade, Stanbic IBTC Bank Plc has commissioned an Africa-China Banking Centre (ACBC) in Lagos.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

$8.1bn row: MTN says seeking ‘acceptable solution’ to dispute

Telecoms firm MTN says it is holding talks with Nigerian officials to find a “mutually acceptable solution” to a dispute over the alleged transfer of 8.1 billion dollars.
re-usable plastics

Lagos to introduce re-usable plastics for vegetables in 2019

The Lagos State Government on Tuesday said that it was set to introduce re-usable plastics crates to replace raffia baskets in the transportation of vegetables.
Main gate of the Lagos State Secretariat, Alausa under lock and key, as the Nigeria Labour Congress (NLC) began nationwide strike in Lagos…yesterday

Labour gives condition for ending strike

The warning strike declared by the organised labour was observed in part across the country yesterday. Labour is demanding N65,000 as a national minimum wage, up from the current N18,000.

Man docked for defrauding bank of N60 million

A 54-year-old man, Tajudeen Oladega, was on Wednesday arraigned for allegedly obtaining the sum of N60 million from a new generation bank under the pretext of constructing a filling station.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

Central bank promises ‘equitable resolution’ over sanctions imposed on MTN, banks

The Central Bank of Nigeria on Wednesday said it has commenced a review of the information provided by telecoms giant, MTN, and four banks sanctioned recently over alleged illegal repatriation of funds.

CBN: N1.8 billion fine imposed on Stanbic IBTC is in national interest

The Central Bank of Nigeria (CBN) on Friday said the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in the national interest.

MTN: Central bank debits four banks N5.87 billion

The Central Bank of Nigeria has debited the four banks it sanctioned over the breaching of its capital importation policy of N5.87 billion.

MTN Nigeria signs 200 bln naira loan to expand network

MTN Nigeria has signed a 200 billion naira loan with a consortium of 12 lenders to fund capital expenditure and working capital, it said on Thursday.

Official: Why Bauchi workers salaries were cut, withheld

The Bauchi State Head of Civil Service (HoS), Dr. Liman Bello, has given reason why May 2018 salaries of some workers were deducted and others withheld in the state.

Shell supports Nigerian contractors with N472 billion loans

The Chairman of Shell Companies in Nigeria, Osagie Okunbor, on Thursday said 290 Nigerian contractors received loans valued at over N472 billion under the Shell Contractors Support Fund (SCSP).

Forex: Banks cancel commissions on PTA, tuition, medical bills

Members of the Bankers’ Committee have agreed that banks in the country should stop charging commission on the sale of foreign exchange to customers, particularly those meant for Personal Travel Allowance, Business Travel Allowance, tuition and medical bills payment.

Oil marketer faces N3.9 million fraud charge in Lagos

A 30-year-old oil marketer, Vincent Udoh, who allegedly defrauded a businessman of N3.9 million was on Friday charged before an Igbosere Magistrates’ Court in Lagos.

Recent Stories

Okezie Ikpeazu

Governor Ikpeazu saves eight from hangman’s noose

Abia State Governor, Dr. Okezie Ikpeazu, has commuted death sentences passed on eight condemed prisoners in the state to life imprisonment just and he granted pardon to 15 others.

PDP attacks APC over Dubai trip for Osun council chairmen

Peoples Democratic Party, Osun State chapter, on Sunday berated the state government and the ruling All Progressives Congress over planned 10-day official trip by chairmen of 68 local government areas and local council development authorities in the state to the United Arab Emirates.
Lagos State Governor Mr. Babajide Sanwo-Olu, Ondo State Governor, Mr. Rotimi Akeredolu, Ekiti State Governor, Dr. Kayode Fayemi, Oyo State Governor, Mr. Seyi Makinde and Osun State Governor, Mr. Gboyega Oyetola and Mr. Rotimi Akeredolu of Ondo

Senator Fasanmi hails Southwest governors

Leader of Afenifere (Egbe Ilosiwaju Yoruba) Senator Ayo Fasanmi has hailed Southwest governors for their efforts to fight banditry and curb insecurity in the region.

Gernot Rohr: Dropping Kelechi Iheanacho, Semi Ajayi tough call

Super Eagles coach, Gernot Rohr, has admitted that it was a tough call excluding Kelechi Iheanacho and Semi Ajayi from his final 23-man squad for the 2019 Africa Cup of Nations in Egypt.

Abducted Anambra pupils found in Onitsha hotel

Two pupils abducted from their school in Obosi in the Idemili North Local Government Area of Anambra State, were on Sunday, found in a hotel in Onitsha.