archiveApril 16, 2021

  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for urgent action to address the underlying causes of the nation’s current rising inflationary trend. Amb Ayoola Olukanni, Director-General, NACCIMA, made the call-in reaction to the 18.17 per cent March inflation figure as released by...

  Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) on Friday March 16, 2021, arrested one Imeh Henshaw Nyong, a music producer and four others for alleged internet fraud in Uyo, Akwa Ibom State. Nyong was arrested alongside Benjamin Ikpeme, Godwin Isong, Magnus Chimaobi...

Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) on Friday March 16, 2021, arrested one Imeh Henshaw Nyong, a music producer and four others for alleged internet fraud in Uyo, Akwa Ibom State. Nyong was arrested alongside Benjamin Ikpeme, Godwin Isong, Magnus Chimaobi and...

The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded in 2019, the National Bureau of Statistics (NBS) says. NBS made this known on Friday in Abuja in its “Internally Generated Revenue at State Level” for...

The Nigeria Centre for Disease Control (NCDC) said it has registered another 80 cases of COVID-19 in eleven states and the Federal Capital Territory, Abuja. This brings the total number of recorded cases so far to 164,080. NCDC made this known on Thursday night via a tweet on its verified...

  The Securities and Exchange Commission (SEC) has revealed that it was working with the Central Bank of Nigeria (CBN) to put in place regulatory guidelines for cryptocurrencies trading in the country. The development was disclosed by the Director-General of SEC, Lamido Yuguda, at the 2021 post-Capital Market Committee (CMC)...

  The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to address issues affecting the supply side of the Nigerian economy to deal with the rising inflation. According National Bureau of Statistic (NBS) released inflation data for March 2021, “The consumer price index, (CPI) which measures...

Ecobank has rolled out several investment packages and opportunities to encourage Nigerians in the diaspora to own houses in the country and also participate actively in money and capital markets. Speaking to newsmen in Lagos at the weekend, Mrs. Olukorede Demola-Adeniyi, Head, Consumer Banking, said the bank is offering mortgage...

The Economic and Financial Crimes Commission (EFCC) Enugu Zone  on Thursday restituted the sum of N67,523,000 (Sixty-seven Million, Five  Hundred and Twenty Three Thousand Naira)  to one Mr. Emmanuel Onyekachukwu Onah , a trader based in Onitsha, Anambra State. Onah’s ordeal started sometime in 2019 when he transferred the sum...

The Oyo State government, on Thursday, conducted the final interview to select 100 candidates for the Nigeria-Sao Tome Scholarship scheme. The Executive Assistant (Administration) to Governor ‘Seyi Makinde of Oyo State, Rev. Idowu Ogedengbe, disclosed this while speaking at the Head of Service Conference Room, Secretariat, Agodi, Ibadan, the venue...