68 m. ago UNG urges FG to replicate Soludo’s security model for Nigeria

From Stanley Uzoaru, Owerri The Unite Nigeria Group (UNG) has urged the Federal Government and state governors to replicate Anambra State Governor Charles Soludo’s security model to address rising insecurity nationwide. The UNG stated that Anambra’s Homeland Security architecture, which targets the arrest and prosecution of criminal gang sponsors and financiers, has significantly reduced crime […] The post UNG urges FG to replicate Soludo’s security model for Nigeria appeared first on The Sun Nigeria.

Politics

6 h. ago Controversy As EFCC Allegedly Denies VeryDarkMan Access To Food

Popular Nigerian social media influencer, Martins Vincent Otse, widely known as VeryDarkMan (VDM), has reportedly been denied access to food by the Economic and Financial Crimes Commission (EFCC), sparking outrage among his friends and associates. It is important to note that VDM’s legal representative, activist-lawyer Deji Adeyanju, issued a statement claiming he was arrested by […] The post Controversy As EFCC Allegedly Denies VeryDarkMan Access To Food appeared first on Information Nigeria.

Politics

6 h. ago UPDATED: I am not in EFCC detention, I served my country and God – Mele Kyari

From Noah Ebije, Kaduna Mele Kyari, former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), has strongly denied media reports claiming he is in the custody of the Economic and Financial Crimes Commission (EFCC). He declared, “I served not only my country but also God.” In a statement shared with […] The post UPDATED: I am not in EFCC detention, I served my country and God – Mele Kyari appeared first on The Sun Nigeria.

Politics

12 h. ago CBN to remit 80% profit as financial instruments hit 24.27trn

…Says currency printing, related costs gulp ₦238m By Chinwendu Obienyi In what may be turned a complete rebound from last year’s dismal performance, the Central Bank of Nigeria (CBN) has announced that it will remit 80 per cent of its 2024 profit to the Federal Government in line with the Fiscal Responsibility Act 2011. The […] The post CBN to remit 80% profit as financial instruments hit 24.27trn appeared first on The Sun Nigeria.

Politics

20 h. ago Adeyanju To Close Accounts, Take Legal Steps Against GTBank Over VeryDarkMan’s Arrest

Prominent Nigerian lawyer and human rights advocate Deji Adeyanju has declared his intention to take legal action against Guaranty Trust Bank (GTBank). He accused the financial institution of being complicit in the recent arrest and alleged mistreatment of social media activist VeryDarkMan and his associate, C-Park. In a post shared via his Facebook page on […] The post Adeyanju To Close Accounts, Take Legal Steps Against GTBank Over VeryDarkMan’s Arrest appeared first on Information Nigeria.

Politics

22 h. ago EFCC Launches Probe Into NNPCL Over Alleged $2.96bn Refinery Fraud

The Economic and Financial Crimes Commission (EFCC) has begun probing several former officials of the Nigerian National Petroleum Company Limited (NNPCL), including ex-managing directors of the Port Harcourt, Warri, and Kaduna refineries. The investigation concerns the alleged diversion of about $2.96 billion meant for refinery repairs. A senior EFCC source confirmed on Saturday, “The investigation […] The post EFCC Launches Probe Into NNPCL Over Alleged $2.96bn Refinery Fraud appeared first on Information Nigeria.

Politics

22 h. ago EFCC Accused Of Withholding Medical Aid For Nabbed VeryDarkMan

The brother of popular social media personality, VeryDarkMan (VDM), has spoken out following his recent arrest by operatives of the Economic and Financial Crimes Commission (EFCC). VDM was reportedly picked up at a GTBank branch after accompanying his mother to file a complaint about suspicious deductions from her bank account. His sudden detention has drawn […] The post EFCC Accused Of Withholding Medical Aid For Nabbed VeryDarkMan appeared first on Information Nigeria.

Politics

22 h. ago Fans Call For Boycott Of GTBank Following Alleged Arrest Of VeryDarkMan

Supporters of popular social media figure VeryDarkMan have launched a campaign to boycott GTBank, accusing the financial institution of wrongful action and urging Nigerians to close their accounts in protest. The controversy began after reports surfaced alleging that VeryDarkMan was arrested on the orders of GTBank. The arrest reportedly occurred after he accompanied his mother […] The post Fans Call For Boycott Of GTBank Following Alleged Arrest Of VeryDarkMan appeared first on Information Nigeria.

Politics

27 h. ago CBN’s N9.4trn FX revaluation loss wipes out 2024 operating gains

The Central Bank of Nigeria (CBN) recorded a historic N498.2 billion loss in 2024, driven primarily by a N9.4 trillion read more CBN’s N9.4trn FX revaluation loss wipes out 2024 operating gains

Politics

29 h. ago CWG sees 368% profit boost in Q1 2025 amid robust revenue growth

CWG has reported a remarkable surge in its financial performance for the first quarter of 2025, driven by a strong read more CWG sees 368% profit boost in Q1 2025 amid robust revenue growth

Politics

29 h. ago N80bn Discovered In Sacked Refinery MD’s Accounts Amid $2.96bn Probe

The Economic and Financial Crimes Commission (EFCC) has uncovered a staggering N80 billion in multiple bank accounts belonging to one of the recently sacked managing directors of the Nigerian National Petroleum Corporation Limited (NNPCL) refineries. The discovery was part of an ongoing investigation into the alleged misappropriation of $2.96 billion for refinery rehabilitation. LEADERSHIP recalls […]

Politics

31 h. ago EFCC Detains VeryDarkMan; Lawyer Vows Legal Action Against GTBank

Nigerian social media personality, Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has been reportedly detained by the Economic and Financial Crimes Commission (EFCC). His legal representative, Deji Adeyanju, disclosed the development in a Facebook post, accusing Guaranty Trust Bank (GTBank) of aiding in the influencer’s arrest. According to Adeyanju, VDM was apprehended after publicly […] The post EFCC Detains VeryDarkMan; Lawyer Vows Legal Action Against GTBank appeared first on Information Nigeria.

Politics

37 h. ago CBN: Winning war against exchange rate gaps, FX speculations

By Michael Nwadike The Central Bank of Nigeria (CBN) has activated market-driven pricing for the naira, significantly enhancing transparency and restoring investor confidence. With disciplined reforms and policy clarity, the naira has stabilized at a more sustainable level against the U.S. dollar. The once-wide gap between the official and parallel market rates has all but […] The post CBN: Winning war against exchange rate gaps, FX speculations appeared first on The Sun Nigeria.

Politics

43 h. ago CBN recovers from loss reports  N38.8 billion profit  in 2024

The CBN reported a profit of N38.8 billion after tax in the full year of 2024 from its N1.15 trillion loss recorded in the 2023 financial yr. read more CBN recovers from loss reports  N38.8 billion profit  in 2024

Economics

43 h. ago CBN Posts ₦165bn Surplus In 2024, Boosts External Reserves To $38.8bn

The Central Bank of Nigeria (CBN) has recorded a strong turnaround in its financial performance for 2024, posting a surplus of ₦165 billion compared to a deficit of ₦1.3 trillion in 2023. That is according to the apex bank’s 2024 financial statement released on Friday, which highlighted improved operational efficiency, a stronger external reserve position, […]

Politics

48 h. ago Cyber Resilience Trumps Cybersecurity in Digital Jewels, CIBN Workshop for Financial Institutions’ Executives

The Chartered Institute of Bankers of Nigeria (CIBN), through its Centre for Financial Studies, in collaboration with Digital Jewels Africa, read more Cyber Resilience Trumps Cybersecurity in Digital Jewels, CIBN Workshop for Financial Institutions’ Executives

Politics

50 h. ago I’ll Never Spray Money Again, Almost Got Jailed Last Year – Cubana Chief Priest

Nigerian businessman and socialite, Cubana Chief Priest, has warned his fellow elites to refrain from spraying money at public events, cautioning that the Economic and Financial Crimes Commission (EFCC) is actively targeting individuals for such acts. In a post marking the start of the new month, Cubana Chief Priest advised well-known businessmen and celebrities to […] The post I’ll Never Spray Money Again, Almost Got Jailed Last Year – Cubana Chief Priest appeared first on Information Nigeria.

Politics

54 h. ago 4 banks post 679.37 bn profit in Q1 2025, customers react over charges

Four banks have posted N979.77 billion as Profit Before Tax (PBT) for the first quarter of 2025 ended March 31. read more 4 banks post 679.37 bn profit in Q1 2025, customers react over charges -NGX

Economics

55 h. ago Unilever Nigeria doubles profit, bolsters cash flow in Q1 amid rising revenue

Unilever Nigeria Plc delivered a robust first-quarter performance in 2025, doubling its profit after tax to N5.55 billion from N3.36 read more Unilever Nigeria doubles profit, bolsters cash flow in Q1 amid rising revenue

Economics

65 h. ago EFCC Traces CBEX Stolen Funds To Four Countries, Says Full Recovery Likely Impossible

The Economic and Financial Crimes Commission has traced funds linked to the failed crypto bridge exchange scheme to four countries. The anti-graft agency said that although efforts are underway to recover the stolen funds, but full restitution to victims may be impossible. Speaking on Channels Television programme on Wednesday, Olukoyede revealed that most of the […] The post EFCC Traces CBEX Stolen Funds To Four Countries, Says Full Recovery Likely Impossible appeared first on Information Nigeria.

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