An FCT High Court in Maitama has ordered the Economic and Financial Crimes Commission (EFCC) to immediately release the detained chairman of the defunct Skye Bank, Tunde Ayeni. The court set aside an earlier order it granted the EFCC to detain Ayeni for 14 days. The trial judge, Justice Yusuf …

The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of the market. Figures released by the Bank on Tuesday, February 19, 2019, indicated that it offered the total sum of …

Supporters of Kogi East Senatorial District candidate of the African Democratic Congress, Victor Adoji, are having it very tough ahead of the postponed general election. Information filtering in has it that ADC candidate’s supporters are being hounded out of town ahead of the February 23, 2019 poll. “They are being …

L-R: Head, Savings Group, Janet Nnabuko; Head, Strategy & Business Transformation, Adetunji Mustapha; Representative from Consumer Protection Council (CPC), Susie Onwuka; Executive Director, Shared Services & Products, Chijioke Ugochukwu; Representative from National Lottery Regulatory Commission, Amaka Osakwe; Representative from Lagos State Lotteries Board, Rowland Samuel at the 4th Monthly/2nd Bi-Monthly …

Reliable sources close to Nairametrics indicate tier one lender Zenith Bank could earn close to N100 billion or more as gains from derivatives and treasury bills trading in the 2018 financial year. The bank has consistently made trading gains in the last few years rising from N20 billion in 2016 …

ALL Progressives Congress (APC) National Chairman Adams Oshiomhole is not done with the Independent National Electoral Commission (INEC) over the stoppage of the Presidential and National Assembly elections last Saturday. Oshiomhole believes that some elements within INEC are colluding with “anti-democratic forces” to push the general elections to a point …

Politicians, human rights activists, lawyers and prominent Nigerians on Monday attacked President Muhammadu Buhari for declaring that death awaited ballot box snatchers during the February 23 Presidential and National Assembly elections. Buhari had early on Monday while speaking at a national caucus meeting of the All Progressives Congress in Abuja, …

The scheduled re-arraignment of the President of the Nigerian Bar Association, Mr Paul Usoro (SAN), on N1.4bn fraud charges was botched on Thursday, as Justice Chuka Obiozor, to whom the case was assigned, recused himself from the case. The judge said he was withdrawing himself from the case “for personal …

Unlike President Muhammadu Buhari and the National Chairman of the All Progressives Congress (APC), Adams Oshiomohole, who had vehemently condemned the postponement of 2019 elections, the National Leader of the APC, Senator Bola Tinubu, Monday in Abuja said the electoral commission reserved the right to postpone or cancel polls using …

The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the 1st of January 2019 will close on the 1st of March, 2019. Selected beneficiaries will join 4,470 …