President Bola Ahmed Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation. This is contained in a statement issued by Ajuri …

 EFCC office The Economic and Financial Crimes Commission, EFCC, on Wednesday, disclosed that following petitions received by the commission, some former governors, former ministers, and some ministry officials are under investigation adding that details of their involvement will soon be made public. Spokesman of the commission, Mr Dele Oyewale also …

 Naira and Dollar   The exchange rate between the naira and the dollar dropped to N1,040 in the parallel market on Wednesday. The ongoing trend of demand surpassing supply seems to be a contributing factor. Forex traders report inflow quotes ranging from N1,035 to N1,045 per dollar, indicating heightened scarcity, …

A US District Court has sentenced Mrs Tamara Motley Ogembe, wife to Senator Ahmed Ogembe, former lawmaker representing Kogi Central in the 8th Senate, to 20 years in federal prison for the money laundering conspiracy count, and a mandatory sentence of two years in federal prison consecutive to the other …

  Lagos, Nigeria; Tuesday, 11th October 2023 – Airtel Nigeria, in collaboration with business partners, Amazon Web Services (AWS) and AVAYA, hosted an exclusive interactive breakfast session aimed at engaging, educating, and exploring the vast possibilities within the Telecoms and ICT sphere, on Wednesday 11th of October 2023, at the …

Leading Media Intelligence Consultancy, P+ Measurement Services recently undertook a comprehensive evaluation of the media performance of Big Brother Naija All Stars (Big Brother Naija Season 8). The highly anticipated reality television program featured former housemates from past seasons of the popular Big Brother Naija series. The audit meticulously analyzed and revealed …

A socio-cultural group, the Ndi Imo Defenders, has described as wicked and malicious the call by the candidates of the opposition parties that Governor Hope Uzodinma should drop his re-election bid for contestants from the Owerri Zone ahead of the November 11 governorship election. The President of the group, Stan …

Stanbic IBTC Pension Managers, Nigeria’s leading pension fund administrator (PFA) based on the Q2 2023 report released by the National Pension Commission (PenCom), has successfully paid out ₦1.6 billion to one hundred and fifty (150) customers as at 03 October 2023, enabling them to become proud homeowners. This occurred following the …

…Moves to track, and prosecute peddlers of falsehood   Management of Dangote Cement Plc has denied reports, in some online platforms that it has embarked on sales promotion and has further adjusted its prices. In response to the misleading report, the Chief Branding and Communications Officer of the Dangote Group, …

Smartcash Payment Service Bank Limited (Smartcash PSB) has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets. Smartcash PSB becomes one of the first financial services providers to offer naira payouts to wallets, since the Central Bank of Nigeria approved this payout …