archiveFebruary 21, 2022

An Abuja court Monday refused to order the National Drug Law Enforcement Agency to release Abba Kyari, a deputy commissioner in the Nigerian police arrested for alleged drug trafficking. Kyari was arrested last week by the police and handed over to the NDLEA hours after he was declared wanted by...

Nigerian Exchange Limited (NGX) has restated its commitment to support the Debt Management Office (DMO) to deepening the capital market. The CEO, NGX, Mr. Temi Popoola, CFA disclosed this at a strategic meeting with market stakeholders organised by the DMO in Lagos last week. Popoola in his remarks acknowledged the...

Ecobank Nigeria has extended easy and low interest loans to market women in Idanre, Ondo State through its Ecobank Female Entrepreneurship Initiative (EFEI), to boost and expand their trading businesses. Unveiling the scheme at Owa's Palace, Idanre, Head of Classic Banking, Ecobank Nigeria, Femi Ogundairo, said the Ecobank Female Entrepreneurs’...

No fewer than 1,226 names of forex defaulters have been published by commercial banks in compliance with the directive of the Central Bank of Nigeria (CBN). The apex bank had directed banks to publish the names of individuals looking to trick the system to access foreign currencies. The information that...

Domestic airline operators in Nigeria have increased airfares on domestic routes by 100 per cent with effect from March 1 2022. This is as a result of high cost of Aviation fuel and inadequate supply of Dollars with which they transact businesses. Information said that aviation fuel now costs above...