archiveNovember 2017

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, has said that the agency recovered over N738.9 billion (about $2.9 billion) in two years. He said the cash included $43 million recovered from a former Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke. The figures are...

  The Federal High Court in Lagos has ordered the temporary forfeiture of the flat in Osborne Towers, Ikoyi, Lagos where $43,449,947, £27,800 and N23,218,000 were discovered stashed in iron cabinets  in April this year. The order of the forfeiture of the building to the Federal Government was given on...

Registration for 2019 begins later this month The Registrar of Joint Admissions and Matriculation Board (JAMB), Professor Ishaq Oloyede, has assured that the conduct of the 2019 examination will be better. He also announced that registration for the exams would commence before the end of November, urging prospective candidates to...

  The Central Bank of Nigeria (CBN) has formed partnerships with agricultural commodity associations across the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). The Acting Director of Corporate Communications Department (CCD) of the Bank, Mr. Isaac Okorafor, who disclosed this in Abuja on...

The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by the telecommunication giant, MTN. Adopting the report by the Committee on Banking, Insurance and Other Financial Institutions on the probe at the plenary on Wednesday, the Senate accused the CBN...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.34 per cent while the Year-to-Date return stood at 38.19 per cent. The All-Share Index closed at 37,138.97 against the previous close of 37,013.57 while Market Capitalization closed at ₦12.854 trillion against previous close of...

  *We congratulate Nigeria under the leadership of President Muhammadu Buhari for its economic reforms – World Bank Nigeria’s impressive ranking in the latest World Bank Doing Business report is proof that the country can do better if Nigerians faced its challenges headlong, according to Vice President Yemi Osinbajo, SAN....

The Bayelsa state government has concluded arrangements to hold a two day training program for members of the Nigeria Union of Journalists (NUJ) in the State. The decision, according to the State Commissioner for Information and Orientation, Daniel Iworiso-Markson, on Wednesday, was line with the existing cordial ‎relationship between the...

  …28 artisans to be rewarded Isedowo, the empowerment initiative of Goldberg lager beer from the stables of Nigerian Breweries, is moving its campaign to Ondo State where 28 small scale entrepreneurs would be supported with grants of N300, 000 each to grow their businesses. This is coming on the...

Pan-African financial institution, United Bank for Africa Plc has continued to make waves on the continent adding more laurels to its ever-increasing list of achievements. The Bank’s Group Head, Marketing and Corporate Communications, Bola Atta was recognised as the Top Marketing Professional in West Africa at the 7th Marketing World...