archiveOctober 2023

  Human rights lawyer and Senior Advocate of Nigeria (SAN), Mr. Femi Falana, has picked a hole in the appointment of the new Economic and Financial Crimes Commission (EFCC) Chairman, saying that it is unlawful and against the federal character principle for the chairmen of the two anti-graft federal agencies...

  The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country - Lagos, Abuja, and Kano, making it the first synchronized multi-city brand launch in Nigeria’s history. The Alternative Bank is the ethical...

  Another set of 50 lucky Nigerians have emerged winners in the monthly draw of ongoing Polaris "Save N Win" promo. The draw which took place at the Polaris Bank Headquarters in Victoria Island, Lagos last weekend, is in line with the Bank's commitment to rewarding its esteemed customers. The...

The Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Thursday, September 28, 2023 secured the conviction and sentencing of  Goni Muhammad and Seidu Seriki Hamani to seven years imprisonment, for offering fake gold belonging to former First Lady,  Mrs Patience Jonathan to their victims. They were...

  Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria, CBN, has kicked against the federal government’s plan to borrow $1.5 billion from the World Bank. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, while speaking with journalists at the 2023 Annual...

  Unity Bank customers, Nmeregini Chukwuebuka and Sharif Yusuf Mohd have emerged as winners of 500,000 and 150,000 naira respectively in the ongoing Verve National Consumer Promo. Organized by payment processor, Verve Card Services Limited, the winners emerged in the August draw where other Unity Bank customers also won prizes...

The Economic and Financial Crimes Commission (EFCC) has arraigned  Aisha Alkali Wakil (a.k.a Mama Boko Haram) alongside Tahiru Saidu Daura and Prince Lawal Shoyode w before Justice Umaru Fadawu of the Borno State High Court, Maiduguri, on two -count charges bordering on conspiracy and cheating to the tune of N150,000,000.00...

  The NGX All-Share Index and Market Capitalization appreciated by 1.12 per cent to close last week at 67,200.69 and N36.920 trillion respectively. Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX AFR Bank Value, NGX MERI Growth and NGX Sovereign Bond which depreciated...

The Central Bank of Nigeria (CBN) bhas finally lifted the foreign exchange restrictions it placed on importation of 43 items eight years ago. In a statement signed by CBN’s Director of Corporate Communications, Dr. Isa AbdulMumin, the bank said this is a significant change to the foreign exchange market policy....

The Supreme Court of Nigeria will swear in 57 new Senior Advocates of Nigeria (SANs) on Monday, November 27, 2023, including Mrs Funmi Falana, the wife of popular human rights lawyer Femi Falana (SAN). The Chief Registrar of the Supreme Court, Hajo Bello, said in a statement on Thursday that...