CBN Gov Yemi Cardoso and Binance Binance Nigeria has announced that it will discontinue all its Naira services from March 8 following the clampdown on the company by the federal government. Binance shared the decision in a statement on its app. The company, which is the world’s largest crypto platform, said …
Read More »How Public Complaints Commission Boss Secretly Employed 886 Staff Without Due Process; Mostly Children Of Top Politicians, Directors
The new employees were about 860, a document from the National Salaries, Income and Wages Commission read. The Public Complaints Commission (PCC) is struggling to ensure payment of salaries after the secret recruitment of new employees without recourse to extant guidelines. The new employees were about 860, a document from …
Read More »Damning report: 70% of financial crimes in Nigeria traceable to banking sector – EFCC boss
Ola Olukoyede EFCC chairman The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has raised the alarm that an estimated 70 per cent of financial crimes in Nigeria is traceable to the banking sector. Olukoyede spoke on Monday at the 2024 Annual retreat of the Association …
Read More »BUA Blames Wholesalers For Preventing Nigerians From Buying Cement Bags For Approved N3500
Although the company said it honoured its pledge to reduce its price of cement to N3500, it accused the intermediaries and wholesalers whom the company said had prevented the intended recipients, the end-users, from accessing the reduced price. The management of BUA Cement Company has explained the reasons why its …
Read More »Why Mr Ibu is irreplaceable in Nollywood – Charles Inojie
Mr Ibu and Charles Inojie Nollywood actor and director Charles Inojie has described the death of his colleague, John Okafor, aka Mr Ibu, as an “irreparable loss” to the Nigerian movie industry. He stated that the late comic actor is irreplaceable in Nollywood, stressing that casting him alone was …
Read More »Bank Of Ghana Suspends Forex Licences Of GTB, First Bank, Sends Strong Warning
FBNBank Ghana, Bank of Ghana and GTBank Ghana Logos The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN). The ban is effective from 18th March 2024 and would last for one month, Ghana’s central bank said. …
Read More »Airtel Africa Spends £48m To Buy-Back 491,861 Shares From Citigroup
Airtel Africa Airtel Africa Plc has bought back 491,861 shares held by Citigroup Global Markets Limited in multiple deals worth £48m The deal is part of the company’s share buy-back programme which it announced on March 1, 2024. Airtel said it purchased the number of its ordinary “Shares of $0.50 …
Read More »IWD 2024: Women Top Population Of Nigerians With HIV
In commemoration of the March 8, 2024, International Women’s Day (IWD), the Director-General of the National Agency for the Control of AIDS (NACA), Dr Gambo Aliyu, has decried the high population of women living with HIV in the country. According to him, six out of ten persons living with HIV …
Read More »Transcorp Power Lists on the Nigerian Exchange; Gains 10% First Day of Trading
Transcorp Power Plc, a power subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX), adding more than N1.8 trillion to the market capitalization of NGX and further boosting liquidity in the Nigerian capital market. The listing was celebrated on the …
Read More »Owambe Party Returns with Eastervaganza on March 30th
Spotlight by Mmakamba, a foremost and leading experiential marketing agency known for crafting remarkable experiences, has concluded plans to host the second edition of this year’s Owambe Party tagged “Easter Vaganza”. Scheduled to hold on Saturday, March 30 2024 at the prestigious Amore Gardens, Lekki Phase 1 Lagos, the highly …
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