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Nigeria’s anti-corruption agency, EFCC, on Thursday arraigned a banker, Adam Adam, before a State High Court in Yobe State over alleged theft of N11.7million.
Contrary to insinuations in some quarters, the Central Bank of Nigeria (CBN) new policy regime mandating banks to go after customers who default on the repayment of their loans by seizing their deposits in other accounts is backed by law.
Unity Bank Plc on Tuesday faulted the allegation against it by the Special Presidential Investigation Panel for Recovery of Public Property (SPIPRPP) over the ongoing reconciliation of affected Ministries, Departments and Agencies’ (MDA) accounts.
The House of Representatives said it discovered that over $900m was still “being held” by Federal Government’s ministries, departments and agencies (MDAs) outside Treasury Single Account (TSA).
The Nigerian equities market yesterday shed 1.22 per cent, causing market capitalisation to dip below the N11 trillion mark on sustained profit taking.
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.
Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with some banks to provide retail financing for the rollout of prepaid meters to its customers within the coverage area of its partner distribution companies (DISCOs) across the country.
An FCT High Court in Kubwa has fixed June 13, to hear contempt proceedings against the CBN Governor, Godwin Emefiele, to enable the applicant, Godwin Emmanuel, respond to a motion on notice served on him.
An FCT High Court, on Wednesday, granted an application seeking substituted service on CBN Governor, Godwin Emefiele, who is charged with alleged contempt in a case filed against him by one Godwin Emmanuel.
The Imo State chapter of the Peoples Democratic Party has accused Governor Rochas Okorocha of withdrawing N17bn from four banks in three days and converting government property to personal use.
The Centre for Anti-Corruption and Open Leadership (CACOL) has thrown its weight behind the Economic and Financial Crimes Commission (EFCC) for ‘freezing’ a Unity Bank account allegedly containing N1.9 billion belonging to Hajiya Bola Shagaya, a society lady and businesswoman.
Four members of dreaded Eiye cult group who have been on the wanted list of Lagos State Police Command for their participation in various activities that claimed lives of many innocent people have been arrested by men of Ogun State Police Command.
Joe Aribo is elated to score on his second appearance for the Super Eagles following his sublime finish in the side’s 1-1 draw against Brazil on Sunday.
It was gathered that the deceased and seven other of their friends were at the seaside around 1am when policemen alleged to be men of the defunct Federal Special Anti-Robbery Squad (FSARS) stormed the place.
The Federal Road Safety Corps (FRSC), on Sunday, confirmed the killing of a woman in an accident on Toll Gate-Sango Ota in Ogun.
Sequel to the new reforms that the State Government has adopted to sanitize the red meat value chain in the State, the State Government has unfolded what it termed the immediate, intermediate and long term strategies for immediate implementation in the State.
Jose Mourinho ‘monitoring Tottenham situation’ as former Manchester United, Chelsea boss eyes managerial return
Jose Mourinho is reportedly ‘monitoring’ the situation at struggling Tottenham as he plots a return to management.
A South-South All Progressives Congress (APC) group, the Young Stakeholders Forum (YSF), has warned that only the intervention of the Presidency in reconciling feuding party members and factions in Bayelsa State can guarantee a victory for the party in the November 16 governorship election.
Minister of State, Labour And Employment, Festus Keyamo, SAN, has written to Guardian Newspaper to retract a portion of a publication which suggested he once prosecuted Minister of Niger Delta Affairs, Godswill Akpabio, for alleged graft.
A presidential campaign office bearing the names and photographs of Bola Ahmed Tinubu has been opened in Osun state, rekindling rumours of Tinubu’s intention to run in 2023.
President Muhammadu Buhari has congratulated Ethiopian Prime Minister Abiy Ahmed, who was declared winner of 2019 Nobel Peace Prize, on Friday in Oslo, Norway.