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The United Bank for Africa Plc (UBA) has announced a $200 million facility support to boost Nigeria’s crude oil production capacity.
As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.
The last is yet to be heard about the entrenched corruption in the Niger Delta Development Commission (NDDC) as the office of the Auditor General of the Federation (oAuGF) queried the Commission over N70 billion and secrecy shrouded in the multi-million dollar revenues paid by oil firms into the coffers of the Commission since inception.
Mrs Jane Asuquo, an Independent Corrupt Practices and Other Related Offences Commission (ICPC)’s witness, on Wednesday, told a Federal High Court, Abuja, that Haruna Momoh, former Managing Director, Pipelines and Products Marketing Company (PPMC), used his wife, Ochuko, to launder the agency’s 700 million dollars.
The Akwa Ibom Deputy Governor Mr Moses Ekpo, warned online scammers against using his name for a fake COVID-19 empowerment scheme intended to defraud members of the public.
The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown.
Union Bank of Nigeria Plc on Wednesday announced gross earnings of N42.6 billion in its unaudited financial statements for the first quarter ended March 31, 2020.
Aggrieved Nigerian shareholders have approached the British Financial Conduct Authority to urgently stop the sale of Union Bank UK PLC, a subsidiary of Union Bank of Nigeria pending the conclusion of the investigation of how no fewer than 65,000 Nigerian shareholders of the bank were dispossessed of their shares.
The bank said another employee at the same branch was at the Africa Magic Viewers’ Choice Awards on March 14. Lagos State Government said the event was attended by someone who later tested positive for coronavirus. It advised everyone who attended the industry event to self-isolate.
The Kogi Government in partnership with the Nigeria Police Force said it has established two Mobile Police Squadron Bases along Obajana-Kabba road and in Okene.
The Economic and Financial Crimes Commission (EFCC) has launched a massive probe into alleged looting of over N150 billion by the immediate past governor of Abia State, Chief Theodore Orji, and members of his family.
The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
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.
Arsene Wenger is so synonymous with Arsenal that it would be strange to see him take over at another club, but it sounds like he’s turned down the chance to take over at Barcelona.
The Association of Resident Doctors (ARD), University of Ilorin Teaching Hospital (UITH) Chapter, on Wednesday suspended its three days warning strike over assault on its members.
UEFA has released strict guidelines for the eight clubs kicking off the Champions League knockout stage in Lisbon with the Atalanta, PSG fixture opening the campaign right away.
The Nigerian Navy (NN) has disowned a fake press release inviting candidates of the Nigerian Navy Basic Training School (NNBTS), Batch 30 to commence training at the school in Onne on Aug. 18.
The Federal Government on Wednesday distanced itself from the purported sacking of the Vice-Chancellor of the University of Lagos, Prof. Oluwatoyin Ogundipe, by its Governing Council, saying it has not been briefed.
An Ikeja Chief Magistrates’ Court on Tuesday, ordered that a 50-year-old man, Paul Nnadi, and his friend, be remanded in Kirikiri Correctional Centre, Lagos for allegedly taking turns to rape his 15-year-old stepdaughter.
The Federal Government of Nigeria says it has commenced aggressive deployment of technological innovations to transform the nation’s public service sector to effectively discharge its mandate to the nation.
The National Inter-Faith Religious Organizations for Peace (NIFROP), on Saturday, revealed that some evil forces in the country are unhappy with President Muhammadu Buhari.
National chairman, Peoples Democratic Party, PDP, Prince Uche Secondus, has likened the state of affairs in the land to sitting on a keg of gunpowder, ready to explode at a time no one can determine.
Real Madrid are set to table a sensational £90 million player-plus-cash deal for Juventus superstar Paulo Dybala, according to reports.