archiveJuly 2021

The National Drug Law Enforcement Agency (NDLEA) has arrested a 90-year-old man for selling drugs to youths in Rimi Local Government Area (LGA) of Katsina State. Its Director, Media and Advocacy, Mr Femi Babafemi, said this in a statement made available to the News Agency of Nigeria (NAN) on Friday...

  The executive board, International Monetary Fund (IMF) has approved the proposal for a new general Special Drawing Rights (SDR) allocation of $650 billion, the largest allocation in the IMF’s history.This allocation is to help members recover from the COVID-19 pandemic, IMF Managing Director, Kristalina Georgieva, said on Friday. “I...

  FMDQ Securities Exchange Ltd has approved the quotation of the FBNQuest Merchant Bank Ltd N7.34 billion series 19 Commercial Paper (CP) on its platform.This is contained in a statement made available to the News Agency of Nigeria (NAN) on Friday in Lagos. The statement explained that the quotation was...

Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin on Thursday, July 8, 2021 sentenced Giwa Nurudeen, a 25-year-old final year student of the University of Ilorin, to three years imprisonment having found him guilty of offences bordering on internet scam. He was arraigned today by the...

Ecobank Nigeria has launched “Ellevate”, a gender-based proposition for women-owned businesses to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ellevate product introduced to the nation’s financial landscape on Wednesday, is targeted at...

  The immediate past Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf has called on the Nigerian authorities to create an enabling environment that will encourage export business and attract foreign exchange (forex). Nigerian economy, according to him, has the capacity to attract a...

Wema Bank is fulfilling its promise to make this year as exciting as possible for its customers with the commencement of its newly launched reward scheme, 5 for 5, in which customers stand an excellent chance to win amazing prizes over the next nine months. Beginning from the 1st of...

  The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa on Wednesday, July 7, 2021 reiterated the readiness of EFCC to work closely with the Nigeria Security, Printing and Minting Plc, NSPMC in the actualization of the respective mandates of the two agencies. He made this...

President of the Senate, Ahmad Lawan, has advised the federal government to sustain adequate funding of security agencies in the 2022 budget to be presented to the National Assembly later this year. According to him, doing so remains a sure way to overcome the lingering security challenges faced by the...

Nigerian Exchange Group (NGX Group) Plc continues to hold exciting prospects for investors in the near term. Ahead of its planned listing by introduction on Nigerian Exchange Limited, NGX Group held an analyst call on Wednesday, 7 July 2021, where the Management of the Group and its entities provided key...