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Financial Crackdown: EFCC to Prosecute Top Bank Executives for Financial Crimes
By Niyi Jacobs
The Economic and Financial Crimes Commission (EFCC) has launched a crackdown on corruption in Nigeria's banking sector, vowing to prosecute top...
Banking & Finance
Economy
Nigeria’s Revenue Crisis: A Deep Dive into the Country’s Oil and...
By Niyi Jacobs
Introduction
Nigeria, Africa's largest oil producer, is facing a significant revenue crisis. Despite being endowed with an abundance of natural resources, including...
Technology
FG Dismisses Claims of Failed Crude Oil Forward Sale
….Reaffirms Commitment to Transparent, Responsible Financing
The Federal Government has refuted recent media reports suggesting that a proposed forward sale of crude oil by the...
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NNPC Insists Port Harcourt Refinery is Functional, Invites Critics for Facility Tour
Abiodun JIMOH
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed that the Old Port Harcourt Refinery is fully operational, with active loading operations...
SEC to Investors: Avoid Risevest, Stecs Cooperative Societies
The Securities and Exchange Commission (SEC) has issued a public warning against engaging in investment activities with Risevest (Victoria Island) Cooperative Multipurpose Society Limited...
Banks Raise N1.7trn Through E-Offering, Says SEC
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has announced that approximately N1.682 trillion has been raised through e-offering as...
Unity Bank Reports N59.3B Revenue, Expands Deposits by 23% in 2023
By NIyi JACOBS
Unity Bank Plc has announced gross earnings of N59.3 billion for the financial year ended December 31, 2023, marking a 3.84% year-on-year...
News
Proposed 5% Levy on Companies May Drive Multinationals Out of Nigeria – Afrexim Bank...
The African Export-Import Bank (Afrexim Bank) has sounded a warning that the proposed 5% levy on companies earning over N100 million for community development...
Hitchcock Wine Debuts in Nigeria, Puts Quality Ahead of Labels
Hitchcock Wine has officially launched in Nigeria, introducing a premium wine experience built around quality, authenticity and discovery rather than brand labels alone.
The launch...
21 Insurance Firms Contribute Less Than 1% to NGX Capitalisation Amid Optimism for 2026
Despite strong individual stock performances, Nigeria’s insurance sector accounted for just 0.97% of total Nigerian Exchange (NGX) equities market capitalisation at the close of...
CBN Signals Shift in OMO Strategy as Rate Cut Expectations Build
By NIyi Jacobs ( Editor)
The Central Bank of Nigeria (CBN) appears to be recalibrating its monetary policy strategy as it opens the Open...
EmoSIM ‘Travel eSIM’ delivers Affordable and Global Access across 190 Countries
By Abiodun JIMOH
EmoSIM, Nigeria’s first “out-bound” travel e-SIM, has demonstrated its capacity to provide affordable and world-class mobile experience that allows Africans to...
Investments
Hon. Yusuf Falana Empowers Over 100 Imasayi Residents with Cash Support
By Kolawole Olayinka, Abeokuta
The Deputy Leader Of Yewa North Local Government Legislative Council Hon Falana Yusuf Alani has empowered over 100 residents of Imasayi...
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