archiveDecember 2023

The Economic and Financial Crimes Commission (EFCC)  has arraigned Aisha Salihu Malkohi (a.k.a Ummitah, Arab Money) and her husband, Abubakar Abubakar Sadiq Mahmoud( at large) on five- count charges bordering on  misappropriation of funds to the tune of NN410,518,000 (Four Hundred and Ten Million, Five Hundred and Eighteen Thousand Naira...

Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector. This assertion was made at the 2023 edition of the ‘Top 100 Fastest Growing SMEs in...

  The support will create up to 2,800 jobs for low-income workers across the country. It will also provide market access indirectly to a further 60,000 smallholder farmers and boost agricultural output and export. British International Investment (BII), the UK's development finance institution (DFI) and impact investor, today announced it...

Stakeholders in the Information and Communications Technologies (ICT) sector are gearing up for the 2023 ITREALMS E-Waste Dialogue slated for this Friday, at Welcome Centre Hotels, International Airport Road, Ikeja, Lagos by 9am. This is coming as the Nigerian Communications Commission (NCC), Nigerian Association of Licensed Telecommunications Operators of Nigeria...

    BudgIT, a leading civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, has raised concerns over the proposed 2024 Appropriation Bill presented to the National Assembly by President Bola Ahmed Tinubu. Recall that in August 2023, we itemized ten plagues that the Tinubu administration should avoid...

Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as of September 2023 against N314.3 billion in 2022. Also featuring...

American business executive and one time Chairman and CEO of General Electric, John Francis Welch Jr. popularly called Jack Welch, once said: "Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others." Going by those words, Godswill Obot...

Nigerian Exchange Group, Lagos Chamber of Commerce and Industry, the Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso and other leading corporate figures in the Nigerian economy on Friday, 8 December paid tribute to late prominent corporate lawyer and philanthropist, Chief Christopher Ogunbanjo, CON. This was done at...

The Debt Management Office (DMO) said on Friday that Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023 Director General of DMO, Ms. Patience Oniha, disclosed this during an interactive session of the House of Representatives Committee on Appropriations with heads of MDAs She said, “Let me...

Executive Chairman of the Economic and Financial Crimes Commission (EFCC)   Mr. Ola Olukoyede, has vowed to tackle looters of public funds, drainers of resources and other corrupt elements in Nigeria in order to make room for growth and development across the country. He stated this on Saturday, December 9,  2023 ...