Details have emerged on how operatives of the Economic and Financial Crimes Commission (EFCC) stormed Providus Bank head office in Victoria Island, Lagos and arrested the bank’s officials over a suspicious $7 million cash deposit. According to sources, the raid followed a tipoff from an internal whistleblower who alerted …
Read More »Buhari’s Economic Policies Left Naira in Crisis, Ruined the Economy, Dogara Says
Former Speaker of the House of Representatives, Yakubu Dogara, has blamed Nigeria’s economic woes on policies of the late President Muhammadu Buhari, arguing that N22.7 trillion printed and injected into the economy severely devalued the naira. Speaking on Tuesday during the maiden Distinguished Parliamentarian Lecture at the National Assembly, Abuja, …
Read More »Court Orders Firm, Partners to Repay N1.7Bn Loan to Keystone Bank
The Federal High Court in Lagos has ordered Anambra J.C. Michael Nigeria Limited and seven others to pay Keystone Bank Limited N1.703 billion over an unpaid debt tied to a public-private partnership project with the Anambra State government. Justice Ambrose Lewis-Allagoa gave the ruling on July 17, 2025, in a …
Read More »CA freezes assets linked to flood control scam
THE Philippines froze bank accounts and insurance policies tied to 20 Public Works officials and six contractors in a widening probe of anomalous flood control projects, a move that could boost President Ferdinand R. Marcos, Jr.’s anti-corruption drive as he faces pressure to rein in ballooning debt. The Court of …
Read More »FirstBank Announced as Sponsors for Calabar Entertainment Conference
Hit FM, the leading radio station in Cross Rivers state, and organizers of Calabar Entertainment Conference (CEC) has announced First Bank of Nigeria Limited as official bank partners for the flagship youth engagement program in the Creative Sector. CEC has held every year since 2017, and now in its 9th …
Read More »Davido Denies Viral Claim He Was Slapped in Warri
Nigerian music star David Adeleke, popularly known as Davido, has debunked social media claims that he was slapped during a recent outing in Warri, Delta State. A viral video showed the singer surrounded by fans and security personnel, with a moment where it appeared he was struck on the head. …
Read More »Lagos Assembly Asks Sanwo-Olu To Withdraw Appointment Letters To Appointees
The Lagos State House of Assembly on Tuesday asked Governor Babajide Sanwo-Olu to direct withdrawal of appointment letters issued to political appointees who have not undergone the constitutionally mandated confirmation process by the legislature. The resolution followed a motion titled “Need for Government Appointees to Appear Before the House for …
Read More »Central Bank Blocks Nigerian X User For Demanding Action Against Commercial Banks, Network Providers Exploiting Citizens
@MFaarees_ on Monday, September 15, made a post saying that Nigerian commercial banks, in collaboration with network providers, are exploiting Nigerian citizens, and tagged the apex bank in the post. An X (formerly Twitter) user, @MFaarees_, has called out the Central Bank of Nigeria (CBN) for blocking him after he …
Read More »Tinubu’s reforms in oil, gas sector deliver 28 FDPs worth $18bn – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that President Bola Tinubu’s renewed hope competitive reform agenda has delivered 28 Field Development Plans (FDPs) with 18.2 billion dollars worth of investment commitments in the Nigerian oil sector The Commission Chief Executive, Mr Gbenga Komolafe disclosed this on Tuesday at …
Read More »Atiku: What I discussed with U.S. Ambassador
Former Vice President Atiku Abubakar has revealed what he discussed with the United States Ambassador, Richard M. Mills Jr. during his visit to the envoy in Abuja on Tuesday. Atiku was accompanied on the visit by some of his political associates, including former governor of Cross River State, Liyel Imoke. …
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