2 h. ago EFCC Arraigns Man For Allegedly Laundering N5bn Through Proxy Bank Account

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned Ibrahim Abubakar before the Federal High Court in Lagos over his alleged involvement in a N5 billion fraud scheme. Abubakar is facing a two-count charge bordering on conspiracy to steal and the retention of proceeds from unlawful activities. He was arraigned before Justice Alexander Owoeye […] The post EFCC Arraigns Man For Allegedly Laundering N5bn Through Proxy Bank Account appeared first on Information Nigeria.

Politics

3 h. ago Jim Ovia sells indirect shares in Zenith bank worth N67.2 Million

Jim Ovia, the chairman of Zenith Bank Plc, has sold shares worth N67.2 million in the financial institution. The transaction, read more Jim Ovia sells indirect shares in Zenith bank worth N67.2 Million

Politics

5 h. ago Nigerian business environment holding back competition, World Bank laments

  As fuel imports remain in force-Major marketers   By Adewale Sanyaolu   The World Bank Group has lamented that businesses and investors perceive the policy environment in Nigeria to be holding back competition.   Senior Economist, World Bank Group, Samer Matta, stated this at the quarterly webinar organised by the Major Marketers Association of […] The post Nigerian business environment holding back competition, World Bank laments appeared first on The Sun Nigeria.

Politics

6 h. ago BNY Mellon, Standard Bank to facilitate access to Nigerian sovereign debt — Bloomberg

Tribune Online BNY Mellon, Standard Bank to facilitate access to Nigerian sovereign debt — Bloomberg Bank of New York Mellon Corp., in collaboration with Standard Bank Group Ltd., is launching global depositary notes backed by... BNY Mellon, Standard Bank to facilitate access to Nigerian sovereign debt — Bloomberg Tribune Online

Politics

7 h. ago Bulls resurface on NGX as banks commit to swift alignment with CBN guidelines

…YtD return rises to +14.51% Investor confidence in Nigeria’s equities market increased further on Thursday as banks, especially those affected read more Bulls resurface on NGX as banks commit to swift alignment with CBN guidelines

Politics

7 h. ago Release Osun LG allocation to lawful account, Assembly urges AGF, finance minister

From Lateef Dada, Osogbo The Osun State House of Assembly has urged the Accountant-General of the Federation and the Minister of Finance to immediately release all outstanding local government allocations through the lawful Local Government Accounts. The legislators condemned purported attempts by ‘unauthorised persons’ to approach the Central Bank of Nigeria (CBN) for transactions relating […] The post Release Osun LG allocation to lawful account, Assembly urges AGF, finance minister appeared first on The Sun Nigeria.

Politics

8 h. ago A business name and its owner: One and the same in the eyes of the law

ALHAJI ADELEKE LUKMAN ALANI OLALEKAN v. GUARANTY TRUST BANK PLC COURT OF APPEAL (AKURE DIVISION) (ORJI-ABADUA; ANDENYANGTSO; ALlYU, JJ.CA) FACTS read more A business name and its owner: One and the same in the eyes of the law

Politics

10 h. ago Nigeria, SA top African countries with most mobile phone ownership, usage

In Nigeria, South Africa, and other African countries, mobile connectivity is driving access to business, education, healthcare, and digital banking, read more Nigeria, SA top African countries with most mobile phone ownership, usage

Politics

14 h. ago My boss for life – Akin Adesina hails Jonathan over AFDB job nomination

By John Ogunsemore Outgoing President of the African Development Bank (AfDB), Dr. Akinwumi Adesina has hailed former Nigerian president, Dr Goodluck Jonathan for nominating and supporting him for the job. Adesina served as Minister of Agriculture and Rural Development under Jonathan when he was tipped for the AfDB job in 2015. He won re-election for […] The post My boss for life – Akin Adesina hails Jonathan over AFDB job nomination appeared first on The Sun Nigeria.

Politics

16 h. ago NULGE suspects diversion, warns CBN against payment of Osun LG funds

The Osun State chapter of Nigeria Union of Local Government Employees (NULGE) has warned the Central Bank of Nigeria (CBN) read more NULGE suspects diversion, warns CBN against payment of Osun LG funds

Events

16 h. ago Proliferation of checkpoints, illegal taxation, key contributors to price inflation – NGF

Tribune Online Proliferation of checkpoints, illegal taxation, key contributors to price inflation – NGF Sanwo-Olu, who read the communiqué issued at the end of the meeting, also expressed the Forum’s displeasure over the World Bank’s failure to fulfil its part of the agreement reached on NG-CARES, despite participating... Proliferation of checkpoints, illegal taxation, key contributors to price inflation – NGF Tribune Online

Economics

17 h. ago NSITF Presents N18.6m Compensation Cheque To Deceased Employee’s Family

The Nigeria Social Insurance Trust Fund (NSITF) has presented a cheque of N18,652,908.20 to the family of a deceased employee who died in the line of duty. The move aligns with the fund’s commitment to employee welfare and social protection through the Employees’ Compensation Scheme (ECS). The managing director of NSITF, Dr Oluwaseun Faleye, represented […]

Society

19 h. ago BOI reaffirms support for artisans, says development must be built by skills

The Bank of Industry has reaffirmed its unwavering commitment to empowering Nigerian artisans and technicians. read more BOI reaffirms support for artisans, says development must be built by skills

Politics

19 h. ago PIA: NUPRC releases cargo declaration guidelines to track oil exports, boost transparency

In compliance with the provisions of the Petroleum Industry Act, the Nigerian Upstream Petroleum Regulatory Commission has released the Nigerian Upstream Petroleum Advance Cargo Declaration Regulation Guidelines. The release of the guidelines is coming about 11 months after the NUPRC kick-started the project aimed at enhancing transparency and accountability in the upstream oil and gas […] The post PIA: NUPRC releases cargo declaration guidelines to track oil exports, boost transparency appeared first on The Sun Nigeria.

Transport

19 h. ago CBN maintains confidence in banks, offers transitional support

As part of its work to keep banks strong, the Central Bank of Nigeria (CBN) has put in place temporary steps for a few banks that are still moving away from earlier support they received during the COVID-19 pandemic. This step is part of the CBN’s broader, sequenced strategy to implement the recapitalisation programme announced […] The post CBN maintains confidence in banks, offers transitional support appeared first on The Sun Nigeria.

Politics

27 h. ago Nigeria launches Community of Practice on Inclusive Green Jobs policy

The Sun In a bold step towards aligning climate ambition with employment equity, Nigeria has inaugurated a multi-stakeholder Community of Practice (CoP) on Inclusive Green Jobs aimed at developing a national framework to support green skills, job creation, and coordinated policy reform. Convened by the House of Representatives Committee on Renewable Energy, with technical leadership […] The post Nigeria launches Community of Practice on Inclusive Green Jobs policy appeared first on The Sun Nigeria.

Politics

28 h. ago Access Holdings says it can still pay dividends despite CBN restrictions

Access Holdings Plc has clarified its position after the Central Bank of Nigeria told some banks to temporarily stop paying read more Access Holdings says it can still pay dividends despite CBN restrictions

Politics

28 h. ago Iran disables internet, banking access due to alleged Israeli military misuse

Tribune Online Iran disables internet, banking access due to alleged Israeli military misuse Another bank, Pasargad, was also reportedly targeted. Iran disables internet, banking access due to alleged Israeli military misuse Tribune Online

Politics

30 h. ago Top Bullish Crypto Alert: Unstaked, Avalanche, Cardano & Pi Are Set To Deliver Explosive Returns in 2025!

Crypto isn’t just about hype anymore; it’s about what a project can actually do. As the market matures, investors are read more Top Bullish Crypto Alert: Unstaked, Avalanche, Cardano & Pi Are Set To Deliver Explosive Returns in 2025!

Politics

32 h. ago “Pay Fines Through Banks, Not Our Officials” – FRSC To Motorists

The Federal Road Safety Corps (FRSC) has issued a strong warning to motorists, urging them to desist from offering bribes to officers during patrol operations. Corps Marshal Shehu Mohammed emphasized that all fines must be paid through official bank channels and not handed over to any FRSC personnel. In a statement signed by the Corps […] The post “Pay Fines Through Banks, Not Our Officials” – FRSC To Motorists appeared first on Information Nigeria.

Politics