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Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has completed the first inbound commercial transaction on the Pan African Payment and Settlement System (PAPSS) in Nigeria, making history. PAPSS is an initiative of the African Union and the AfCFTA Secretariat, designed to provide a secure and efficient …

Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds.   According …

  The Economic and Financial Crimes Commission (EFCC), has urged Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos to dismiss the application filed by Kogi State Governor, Yahaya Bello, seeking to vacate the interim forfeiture order in respect of 14 properties and the sum of N400 …

Over five hundred employees of the Federal Inland Revenue Service (FIRS) have rebelled against the management and are refusing to write promotional examinations after the tests got delayed for over four hours. Truetells Nigeria reports that the promotional exam has been a subject of controversy prior to today due to …

~By Oluwaseun Fabiyi I felicitate with our dear Daddy, Uncle, and a spiritual father, an easygoing, handsome man of God. Pastor Olaniyi Awofadeju on the occasion of his fiftieth birthday anniversary Little wonder why friends, families, church members and well-wishers on Tuesday, despite the day being the second day of …

Stakeholders in the sector have told Nigerians to be ready to pay as much as N750 per litre of fuel at filling stations, as the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months. This was the highpoint of …

Yakubu Mahmood The Independent National Electoral Commission (INEC) has budgeted over N3bn to defend the results of the February 25 presidential and national assembly election and the March 18 governorship and state assembly polls. This is as up to 100 candidates who lost in the elections have filed petitions at …

Omotutu Bamidele Omotutu Bamidele, a 55-year-old fake official of the Lagos State Traffic Management Authority (LASTMA), has confessed that his team makes an average of N1 million while posing as officials of the agency. The suspect, who was arrested at the weekend by operatives of LASTMA in Ikoyi, Lagos, confessed …

A High Court of the Federal Capital Territory (FCT), Abuja has issued an order blocking funds standing to the credit of Oyo State Government and its agencies in four banks. Justice A. O. Ebong issued the order while ruling on a motion ex-parte for garnishee order nisi filed by the …

Agbakoba, a former Chairman of the Nigerian Bar Association, has expressed his lack of confidence in the system. Olisa Agbakoba, a senior lawyer and former president of the Nigerian Bar Association (NBA), has expressed skepticism about the judiciary’s capacity to administer impartial justice as politicians and their parties turn to …