ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged Jimi Lawal, a former senior adviser to ex-Kaduna...
Tuesday, January 21, 2025
CBN fines nine banks 150 million Naira each for failing to dispense cash
The Central Bank of Nigeria (CBN) has fined nine banks a total of N1.35 billion for failing to make Naira...
CBN and SEC approves FCMB Group’s rights offer of N147 billion.
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved FCMB Group's rights offer of...
Nigeria renews $2 billion currency swap deal with China to boost bilateral trade
China and Nigeria have renewed a currency swap agreement worth 15 billion yuan (approximately $2 billion) aimed at enhancing trade...
Starlink raises subscription price to N75,000 as telcos proposes a tariff hike
Starlink has once again increased its standard subscription price to N75,000, following indications that the Nigerian Communications Commission (NCC) is...
Nigeria Custom Service begins recruitment
The Nigeria Customs Service (NCS) has announced the start of its recruitment exercise, emphasizing that the process is free and...
Access bank Nigeria raises $228 million in Rights Offer
Access Bank Plc, the largest lender in Nigeria by assets, has raised 351 billion naira (approximately $228 million) through a...
Bill to prohibit foreign currency use in Nigeria scales first reading
The Senate is taking steps to restore Nigeria’s monetary sovereignty by banning the use of foreign currencies for payments and...
EFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:
The Economic and Financial Crimes Commission (EFCC) has arrested a group of suspects in Lagos, which includes 148 Chinese nationals,...
NIMASA commence monitoring of SPDC oil spill at Bonny Terminal
The Nigerian Maritime Administration and Safety Agency (NIMASA) has begun monitoring operations following an oil spill at the Shell Petroleum...
