archiveSeptember 3, 2024

  United Capital Trustees, a subsidiary of leading pan-African investment banking and financial services group, United Capital Group, has announced the appointment of Michael Abiodun Thomas as the new Managing Director/Chief Executive Officer. The appointment was said to have followed a rigorous approval process by the Securities and Exchange Commission...

  Top officials of the Economic and Financial Crimes Commission (EFCC) are among a galaxy of global anti- corruption experts attending a weeklong International Symposium on Economic Crime in Cambridge, United Kingdom. The Symposium, 41st in the series at Jesus College, one of the oldest Colleges within the University of...

Environmental Development Agenda (HEDA) and other foreign Civil Society Organisations have applauded the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede, for his consistence, focus and foresight in the fight against economic and financial crimes and other acts of corruption. The leader of the delegation...

  The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, a recent survey by the Central Bank of Nigeria (CBN) has shown. This is as the most recent report by the National Bureau of Statistics (NBS)...

  The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF) and set the lending rate at 31.75%, following decisions made at the 296th Monetary Policy Committee (MPC) meeting. In a statement dated August 26, 2024, Omolara Duke, the Director of...

      The Nigeria Civil Aviation Authority (NCAA) has explained why the United States Federal Aviation Administration (FAA) delisted Nigeria from its Category One status. In a statement by the Acting Director-General, Chris Najomo, it was clarified that the removal was due to the fact that no Nigerian airline...

The Presidency has said that the administration of President Bola Tinubu has been truthful about its policies. Special Adviser to the President on Information and Strategy, Bayo Onanuga, made the clarification following the increase in the price of petrol in the country as of Tuesday morning. In a statement through...

  Ahead of his arrival for the Super Eagles’ Morocco  2025 Africa Cup of Nations (AFCON) double header against Benin and Rwanda, Nigeria international striker Victor Osimhen is expected to complete a loan move from Napoli to Turkish giants, Galatasaray. Osimhen has been enmeshed  with transfer issues all through the...

  Billionaire businessman and Chairman of Geregu Power PLC, Mr. Femi Otedola, has hailed his friend and President of the Dangote Group, Alhaji Aliko Dangote, for rolling out petroleum product from his refinery. Otedola said by building the 650,000 barrel per day refinery, Dangote has liberated Nigeria from the chain...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Tuesday confirmed that the Nigerian National Petroleum Company Limited (NNPCL) has reached an agreement to sell crude oil to Dangote Petroleum Refinery in Naira. This was made known in its X handle “@NMDPRA_Official.” The agency said: “At the NMDPRA headquarters...