archiveApril 2025

The Economic and Financial Crimes Commission (EFCC) and the Designated Non-Financial Businesses and Professions (DNFBPs), have restated their resolve to strengthen and deepen the existing collaboration between them in order to support Nigeria’s bid to exit the Financial Action Task Force (FATF) grey list. This agreement was reached recently when...

Dr. Hakeem Baba-Ahmed, the political adviser to President Bola Ahmed Tinubu, has resigned from his position, though the details surrounding his decision remain unclear. Multiple sources within the presidency confirmed that Baba-Ahmed tendered his resignation about two weeks ago, citing personal reasons. However, it remains uncertain whether the presidency has...

The infrastructural transformation of Ekwulobia has received commendation from the Anambra State House of Assembly Committee on Works and Infrastructure. While praising the governor on the ongoing flood control project in Ekwulobia and Oko,the house members described the progress of work on the project as commendable, attributing to achievements to...

JPMorgan, US-based financial institution, has postulated that the Central Bank of Nigeria (CBN) may begin to slow down the pace of absorbing inflows in net reserves to give a breather to the naira that has climbed to its highest in almost a month, potentially allowing the currency to end 2025...

United Capital Plc, a leading pan-African financial and investment services group, held its 12th Annual General Meeting (AGM) at the Transcorp Hilton Hotel, Abuja, where shareholders approved a total dividend payout of N14.4 billion for the 2024 financial year. This represents a 33% increase from the previous year, reinforcing the...

The Supreme Court has set aside the judgment of the Court of Appeal in Abuja, which recognized Julius Abure as the National Chairman of the Labour Party (LP). In a unanimous judgment on Friday, a five-member panel of the apex court held that the Court of Appeal lacked the jurisdiction...

In a solidarity move, 60 support groups, comprising 120000 members under the aegis of All Soludo Support Groups (ASSG), have endorsed Governor Charles Soludo's second-term re-election bid. To demonstrate their support, the groups presented Governor Soludo with N30 million for his re-election campaign at the International Convention Centre, Awka. Soludo,...

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede has reiterated his commitment towards using the anti-corruption fight to stimulate growth in the economy. He stated this in Abuja on Thursday, April 3, 2025 while receiving the the Managing Director/Chief Executive Officer of Nigerian Export-...

The office of Senate President Godswill Akpabio has officially received a report from the Independent National Electoral Commission (INEC) confirming the failure of the petition to recall Senator Natasha Akpoti-Uduaghan, who represents Kogi Central Senatorial District. The acknowledgement was confirmed through a stamp on a letter addressed to Akpabio on...

Senator representing Kogi Central, Senator Natasha Akpoti-Uduaghan has commended the Independent National Electoral Commission (INEC) for rejecting fake process by sponsored groups and individuals to recall her from the Senate. The Senator thanked the Nigerian electoral umpire for upholding justice, constitutionality and refused to bow to pressures from undemocratic elements...