Uzochukwu Davis Igboanugo, a son of businessman and founder of I.K.B Industries Limited, Chief I.K.B. Igboanugo, has been reportedly killed by a drunk driver in the United States of America. The 32-year-old US-based Nigerian doctor was fatally injured three weeks ago, while driving home from work. The aggrieved father confirmed …
Read More »BREAKING: EFCC Arraigns Former CBN Governor Emefiele For Printing N684m Notes With N18.96bn
The Economic and Financial Crimes Commission (EFCC), today, arraigned a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele for approving the printing of N684.5 million at the rate of N18.96 billion. Emefiele pleaded not guilty to the four count charge when he was arraigned on these counts …
Read More »Portable Arrested By Police For Unpaid G-Wagon Instalment
The Lagos State Police Command apprehended the well-known musician, Habeeb Okikiola, commonly referred to as Portable on Tuesday due to his failure to settle the debt from his acquisition of a G-Wagon from a local car seller in the state. Portable is alleged to be in possession of a vehicle …
Read More »Genesys Engineering takes lead in providing reliable, affordable power solutions for Nigerians
Genesys Engineering Services Limited, GESL, an indigenous power solutions provider in Nigeria is a leading power firm in Nigeria. Over the years, it has become widely known that Nigeria faces a pressing challenge – Energy Poverty. It is no longer news that millions of Nigerians, up to 55% of our …
Read More »Delta assembly suspends lawmaker over alleged gross misconduct
FILE PHOTO: Delta State Assembly Mr Matthew Omonade a member of Delta House of Assembly representing Ughelli North I has been suspended over alleged gross misconduct. The Speaker of Delta House of Assembly Mr Dennis Guwor, announced the suspension of the All Progressives Congress, APC lawmaker at plenary in Asaba …
Read More »Alleged N8bn fraud: Court fixes date for arraignment of Sirika, brother on fresh charges
Hadi Sirika in court Former Aviation minister, Hadi Sirika and his brother, Ahmad will be arraigned before a Federal Capital Territory (FCT), High Court, Garki, on a fresh eight-count charge bordering on abuse of office, criminal breach of trust, use of position for gratification on 23 May. Sirika and Ahmad …
Read More »Access Bank Group and Mastercard join forces to expand opportunities for cross-border payments for African businesses and consumers
L-R: Onur Kursun, Executive Vice President & Head of Transfer Solutions, Eastern Europe, Middle East & Africa, Mastercard; Funmi Afolabi, Group Head, Payment and Remittances, Access Bank; Robert Giles, Senior Banking Advisor, Retail, Access Bank; Chizoma Okoli, Deputy Managing Director, Access Bank; Mark Elliott, Division President, Africa, Mastercard, and Folasade …
Read More »Naira Falls To Intra-Day High In Official Market, Worst In 6 Weeks
The exchange rate between the naira and the dollar reached an intra-day high of N1,515 on Monday, according to data from FMDQ, where currencies are traded officially. This represents the worst intra-day high in nearly two months as Nigeria continues to grapple with demand pressures and a globally stronger dollar. …
Read More »Bitcoin Dropping Below $60k Could Trigger Panic Selling -Analyst Warns
Renowned crypto analyst and FX Pro trader, Alex Kuptsikevich, has warned that Bitcoin could witness a massive panic sell-off if it drops below the $60,000 level in the coming days. According to market sentiments, Crypto traders are targeting a break of above $65,000 before the market can be deemed bullish. …
Read More »Netherlands Overtakes India As Nigeria’s Second Largest Trading Partner In 2023
Netherlands Prime Minister, Mark Rutte in a meeting with Nigeria’s President Tinubu The Netherlands has emerged as Nigeria’s second-largest trading partner in 2023, surpassing India according to the National Bureau of Statistics (NBS). While China remains the top trading partner with a record N7.49 trillion in trade volume, the Netherlands …
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