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Standard Chartered Bank

Nigerian banks attract $4.74 billion foreign investments in six months

Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.

Central bank deducts N500 billion from Zenith, GTB, Citibank, UBA, 8 others

The Central Bank of Nigeria has deducted N500 billion from the accounts of 12 banks for failing to meet the target to provide credit to their customers.

Bankers committee endorses central bank’s cashless policy, loan-to-deposit ratio

The Bankers Committee has thrown its weight behind the Central Bank of Nigeria (CBN)’s cashless and Loan to Deposit Ratio (LDR) policies introduced by the apex bank.

N6.2 billion fraud: How Senator Jang’s aide conveyed cash to him – witness

A prosecution witness, Musa Sunday, who is testifying against a former governor of Plateau State, Jonah Jang, in an alleged N6.2 billion fraud, on Thursday narrated to a State High Court, in Jos, Plateau State, how his aide conveyed cash to him at the Government House.
President Ramaphosa has prioritised land redistribution as he seeks to win public support ahead of election next year [Themba Hadebe-AP]

Xenophobia: President Buhari’s envoy meets South Africa’s Cyril Ramaphosa today

President Muhammadu Buhari’s special envoy, the Director-General of the National Intelligence Agency, Ambassador Ahmed Abubakar, has arrived in Johannesburg and is expected to meet President Cyril Ramaphosa of South Africa.
Adams Oshiomhole

Xenophobia: APC urges President Buhari to go on the offensive against South Africa

The ruling All Progressives Congress (APC) on Thursday came hard on the South African government, accusing it of backing the wave of xenophobic attacks on Nigerians and other Africans in the rainbow nation, and asked the President Muhammadu Buhari administration to take steps to immediately nationalize telecommunications giant, MTN.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN offices close shop as Nigerians protest xenophobic attacks

The MTN Nigeria outlet in Ikeja, Lagos has been shut after some Nigerians took to the streets to protest xenophobic attacks against Nigerians in South Africa.

Ecobank appoints Nana Abban as consumer banking chief

Ecobank Transnational Incorporated (ETI) has appointed Nana Araba Abban as Group Head, Consumer Banking with immediate effect.

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).

Banker docked over alleged fraud

A 23-year-old former banker, Godwin Diala, who allegedly defrauded a microfinance bank of one million Naira, on Thursday appeared in a Yaba Chief Magistrates’ Court in Lagos.Idris Abiola
2 The $3.3 billion floating production storage offloading (FPSO) vessel for the Egina deepwater oilfield departed for the oilfield in the early hours of Sunday.

Egina FPSO wins ‘Project of the Year’ award in Paris

Samsung Heavy Industries Nigeria (SHIN) has received the ‘Project of the Year’ award at the African Assembly, organised by the Oil & Gas Council in Paris on June 24, 2019.
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

South Africa’s Cyril Ramaphosa appoints 50 percent women in new cabinet

South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.
The Chief Justice of Nigeria, Walter Onnoghen, has indicated his resolve to challenge a ruling by the Code of Conduct Tribunal, against his no-case-submission.

Code of Conduct tribunal sacks Justice Onnoghen, bars him from holding public office for...

The Code of Conduct Tribunal (CCT) has found the suspended Chief Justice of Nigeria (CJN) Justice Walter Onnoghen, guilty of violation of the code of conduct for public officers.

EFCC releases Justice Onnoghen’s dossier

The Economic and Financial Crimes Commission (EFCC) has provided a new dossier of the improprieties committed by Justice Walter Onnoghen, the suspended Chief Justice of Nigeria, now facing trial at the Code of Conduct Tribunal for false asset declaration.

Justice Onnoghen to open defence as CCT dismisses no case submission

The Code of Conduct Tribunal (CCT) has dismissed the No Case Submission filed by the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, who is standing trial before the tribunal for alleged non asset declaration.

Justice Onnoghen: Code of Conduct tribunal did not follow procedures in instituting case against...

The suspended Chief Justice of Nigeria, Justice Walter Onnoghen, on Friday accused the Code of Conduct Tribunal (CCT) of not following its set Standard Operation Procedures in instituting the case against him.

UPP chief Chekwas Okorie urges President Buhari to address lopsided appointments in his second...

The National Chairman of the United Progressives Party (UPP), Chief Chekwas Okorie, has called on the President Muhammadu Buhari-led government to address the lopsided appointment when sworn in for a second term on May 29.

CCT trial: Justice Onnoghen to make no-case submission as federal government closes case

The trial of the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, appears to be reaching an anti-climax with key prosecution witnesses’ testimony contradicting claims that the embattled number one judicial officer might have corruptly amassed wealth way out of his income.

Recent Stories

Video Assistant Referee (VAR)

VAR cannot work in Nigerian football competitions for now – stakeholders

Some sports stakeholders in Nasarawa state on Thursday observed that the use of Video Assistant Referee (VAR) in local football fixtures in the country would fail due to certain obvious reasons.

NVMA raise concerns over trans-boundary animal disease transmission

The Association called on governments at all levels to take advantage of the digital disease reporting template of the Federal Department of Veterinary and Pest Control Services (FDVPCS) to monitor diseases and intensify veterinary control post activities to combat the scourge.
Police in east China’s Zhejiang Province have apprehended 98 suspects for running online gambling involving a total of 290 million yuan (41.3 million U.S. dollars).

Police detain 98 suspects over online gambling

Police in east China’s Zhejiang Province have apprehended 98 suspects for running online gambling involving a total of 290 million yuan (41.3 million U.S. dollars).
Senate President Ahmed Lawan

Bill to establish South West Development Commission scales first reading in Senate

A Bill to establish the South West Development Commission (SWDC) on Thursday scaled first reading in the Senate.
NLC

NLC tasks Kano commissioners on industrial relations

Nigerian Labour Congress (NLC) in Kano, has cautioned the newly inaugurated Commissioners in the state, to imbibe worker-friendly policy while discharging their statutory responsibility.