3 m. ago EFCC Arraigns Company Director Over Alleged N13.8bn Ponzi Scheme

The Economic and Financial Crimes Commission (EFCC) has arraigned a director of Glossolalia Nigeria Ltd and Pelegend Nigeria Ltd, Precious Williams, for allegedly defrauding over 3,000 investors of N13.8 billion through an investment scheme. Williams was brought before Justice S.I. Mark of the Federal High Court in Port Harcourt on a 14-count charge bordering on […]

Politics

1 hour ago ‘Gospel Music Not My Calling, I Was Made To Impact The World Differently’ – Ric Hassani

Nigerian singer Ric Hassani has weighed in on the ongoing conversation about gospel artistes crossing over into secular music, saying the move is often driven by a search for purpose rather than financial gain. In a recent interview with Hip TV, shared on YouTube on Monday, Hassani explained that many gospel musicians make the switch […] The post ‘Gospel Music Not My Calling, I Was Made To Impact The World Differently’ – Ric Hassani appeared first on Information Nigeria.

Politics

4 h. ago FDI flows to developing economies drop to lowest level since 2005 – World Bank

.High trade and investment barriers pose threat to mobilising financing for development Flows of foreign direct investment (FDI) into developing read more FDI flows to developing economies drop to lowest level since 2005 – World Bank

Politics

5 h. ago Nigeria needs strong policy to tackle housing deficit — Developer

Tribune Online Nigeria needs strong policy to tackle housing deficit — Developer ...all levels to collaborate with professional bodies in the built environment and research institutes to develop home-grown solutions that Nigeria needs strong policy to tackle housing deficit — Developer Tribune Online

Politics

9 h. ago Oil Workers Flag Gaps In Tinubu’s Petroleum Incentives Executive Order

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over key aspects of President Bola Tinubu’s new Executive Order on Upstream Petroleum Sector Incentives. The oil workers warned that some order provisions could conflict with existing laws and potentially exacerbate systemic inefficiencies. Speaking to journalists in Abuja yesterday, PENGASSAN president, […]

Politics

17 h. ago Africa’s infrastructure needs put at $117bn, says ASIF chairman

From Isaac Anumihe, Abuja The Chairman, African Sovereign Investment Forum (ASIF), Mr Obaid Amrane, has put Africa’s infrastructure needs at between $113 billion and $117 billion annually. Speaking at the 4th Annual Meeting of African Sovereign Investors Forum in Abuja, Amrane said that the current financing mobilisation remains around $18 billion, leaving a shortfall of […] The post Africa’s infrastructure needs put at $117bn, says ASIF chairman appeared first on The Sun Nigeria.

Politics

22 h. ago Yahoo boys now venturing into banditry, kidnapping – EFCC boss

By John Ogunsemore The Executive Chairman, Economic and Financial Crimes Commission (EFCC), Ola Olukoyede said Nigeria is in a “crisis situation” with the menace of internet fraud, popularly known as Yahoo Yahoo, in the country. Olukoyede stated this in a video interview shared on the commission’s Facebook page on Monday. According to him, Nigerians are […] The post Yahoo boys now venturing into banditry, kidnapping – EFCC boss appeared first on The Sun Nigeria.

Politics

23 h. ago ‘Yahoo Boys’ Bringing National Shame To Nigeria’, Says EFCC Chair

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has expressed concerns over rise of internet fraudsters, popularly known as ‘Yahoo Boys’, noting that they bring the country national shame. Olukoyede made this known during a media briefing on Monday at the agency’s headquarters in Abuja, stating that ‘Yahoo Boys’ have made […]

Politics

23 h. ago AGF blames abrupt IPPIS exit for salary crisis in tertiary institutions

From Adanna Nnamani, Abuja The Accountant General of the Federation (AGF), Mr Shamseldeen Ogunjimi, has blamed the ongoing salary payment crisis in federal tertiary institutions on the hasty and uncoordinated migration from the Integrated Personnel and Payroll Information System (IPPIS) to the Government Integrated Financial Management Information System (GIFMIS). Ogunjimi spoke on Monday in Abuja […] The post AGF blames abrupt IPPIS exit for salary crisis in tertiary institutions appeared first on The Sun Nigeria.

Politics

24 h. ago Analysts commend Nigerian Breweries Q1 report, point to future of greater performance

Players in the Nigerian financial services sector have commended the financial performance of Nigerian Breweries Plc in the first quarter read more Analysts commend Nigerian Breweries Q1 report, point to future of greater performance

Politics

26 h. ago Fintech firm champions financial inclusion, gender empowerment

In a bold stride toward advancing financial inclusion and literacy, HerVest, an inclusive fintech platform, hosted the third edition of read more Fintech firm champions financial inclusion, gender empowerment

Politics

28 h. ago No Real Opposition Left In Nigeria, Only AAC Stands — Sowore

Human rights activist and former presidential candidate, Omoyele Sowore, has accused the All Progressives Congress (APC) of controlling nearly all opposition political parties in Nigeria, calling them mere “special-purpose vehicles.” Speaking with news men on Sunday, Sowore alleged that most registered political parties, aside from his African Action Congress (AAC), were either created or financially supported […] The post No Real Opposition Left In Nigeria, Only AAC Stands — Sowore appeared first on Information Nigeria.

Politics

29 h. ago NGX Group, SEC Strengthen Global Partnerships To Deepen Nigeria

The Nigerian Exchange Group (NGX Group) and the Securities and Exchange Commission (SEC) have pursued capital market diplomacy to foster cross-border capital market partnerships. The NGX  said, “their current engagements in China reflect a broader drive to strengthen Nigeria’s connectivity to global financial markets and attract new investment flows. This commitment was demonstrated at the […]

Politics

32 h. ago Leadway Assurance grows revenue to N173.2bn, pays N117bn in claims

By Henry Uche Leadway Assurance Company Limited has announced a leap in its financial performance for the year ended December 31, 2024, with insurance revenue rising to N173.2 billion, marking a 51 percent increase from N114.4 billion in 2023. The company’s revenue growth highlights its good position in Nigeria’s insurance industry and its continued contribution […] The post Leadway Assurance grows revenue to N173.2bn, pays N117bn in claims appeared first on The Sun Nigeria.

Politics

32 h. ago Mokwa floods: Insurance as a vital tool in mitigating flood risks

Tribune Online Mokwa floods: Insurance as a vital tool in mitigating flood risks While floods pose a growing threat to communities and their financial stability, as exemplified by the recent Mokwa flooding, insurance can be a powerful way to ease the financial shock—if coverage is designed and implemented effectively, writes JOSEPH INOKOTONG. ON May 28, 2025, catastrophic flooding triggered by heavy rainfall submerged the market town of Mokwa […] Mokwa floods: Insurance as a vital tool in mitigating flood risks Tribune Online

Events

34 h. ago NAICOM to issue revised guidelines on annuity, cyber risks to protect pensioners

Tribune Online NAICOM to issue revised guidelines on annuity, cyber risks to protect pensioners The National Insurance Commission (NAICOM) has said that it would soon introduce supplementary guidelines to safeguard Retiree Life Annuity (RLA) funds and address cyber risks for greater financial protection of pensioners. This was disclosed by Moruf Apampa, Vice Chairman of the Publicity Sub-Committee of the Insurers’ Committee and Managing Director of NSIA Insurance, during a […] NAICOM to issue revised guidelines on annuity, cyber risks to protect pensioners Tribune Online

Politics

35 h. ago Experts react as CBN suspends dividends of banks under forbearance

Tribune Online Experts react as CBN suspends dividends of banks under forbearance •Shareholders push back The Central Bank of Nigeria’s (CBN) recent decision to temporarily suspend dividend payments by banks has triggered strong and mixed reactions across the financial ecosystem. While financial analysts described it as a prudent move to preserve capital and protect the banking sector’s integrity, shareholders and some market participants are expressing deep concern […] Experts react as CBN suspends dividends of banks under forbearance Tribune Online

Politics

43 h. ago NGX Group, SEC aim capital market diplomacy to deepen Nigeria

Tribune Online NGX Group, SEC aim capital market diplomacy to deepen Nigeria-China financial ties In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have reaffirmed their commitment to fostering cross-border capital market partnerships. NGX Group, SEC aim capital market diplomacy to deepen Nigeria-China financial ties Tribune Online

Politics

47 h. ago Ikechukwu Afakwu applauds Delta Governor’s infrastrure strides

As the governor commissions new commissioners quarters The Managing Director of ABI Projects Concepts Limited Afakwu Ikechukwu has commended the Delta State Governor Rt. Hon. Sheriff Francis Orohwedor Oborevwori for the remarkable transformation the state has witnessed under his leadership. Ikechukwu stated this in Asaba during the commissioning of eight newly built eight (8) units […] The post Ikechukwu Afakwu applauds Delta Governor’s infrastrure strides appeared first on The Sun Nigeria.

Politics

49 h. ago FCT moves to protect elderly people from abuse, psychological mistreatment

Tribune Online FCT moves to protect elderly people from abuse, psychological mistreatment The Federal Capital Territory Administration (FCTA) has reaffirmed its commitment to protecting elderly citizens from various forms of abuse, including health-related, physical, emotional, financial, and psychological mistreatment within the territory. FCT moves to protect elderly people from abuse, psychological mistreatment Tribune Online

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