The Economic and Financial Crimes Commission (EFCC) yesterday said it visited Dangote Group Headquarters with a search warrant for some vital documents on forex allocations to the company from 2014 to 2023 during the tenure of former Governor of Cental Bank of Nigeria
The naira depreciated yesterday to N1,205 per dollar in the parallel market from N1,185 per dollar last Friday. However, the naira appreciated to N864.29 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM
Barely one year after his sack as the Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has been arrested, Daily Trust reports. NIRSAL, a $500m non-bank financial institution, is a creation of the Central Bank of
The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr Ajay Banga “to promptly, transparently and effectively conduct investigation into spending of loans and other facilities by the country’s 36 state governors and to suspend any loans and funding
The Third Edition of the Zenith Bank Tech Fair, themed “Future Forward 3.0”, which was held on November 23-24, 2023, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos has concluded. From the over 500 contestants that participated in the
The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held Wednesday, November 22 and Thursday, November 23, 2023, at the Eko ConventionCentre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00 p.m. daily.
Following the publication of the Q3 budget report of the Abia State Government, and in line with the government’s commitment to transparency, good governance and fiscal discipline, it has become necessary to shed more light on the aforementioned report. The clarification is contained
– As Bank Heartlessly Convened Meeting For Market Drive Same Day United Bank For Africa (UBA) has recorded frightening incident that will for a long time remain traumatic to both staff and the customers from its immediate business environs in Otukpo, Benue State
As Forbes magazine released a list of 2,460 individual billionaires for its 2023 Billionaires list, three Nigerians made the list of individual billionaires globally Here are the three Nigerians on the list: 1. Aliko Dangote: Aliko Dangote is the founder and president/chief executive of
The naira sustained its slide against the United States dollar yesterday, as it weakened to an all-time low on the parallel market where it sold at N1100/$1 for weaker than the N1,060/$1 it traded the previous day. But the nation’s currency traded lower