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Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday, announced that the Federal Government has cleared the outstanding $7bn foreign exchange following a successful verification exercise by forensic auditors. Cardoso disclosed this at the launch of Nigeria’s Regulatory Policy Framework organised by the Presidential Enabling Business Environment Council. …

Aba Cemetery Market in Abia State notorious for sale of fake bottles of wines and beverages has been shutdown again by the National Agency for Food and Drug Administration and Control (NAFDAC) The shutdown of the the cemetery market regarded as the most dreaded and hitherto safe haven for the …

Nigerian actress and filmmaker Eniola Ajao is set to return to cinemas nationwide with her latest film, ‘Owanbe Thieves’, premiering on April 18. Following the success of her previous film, ‘Ajakaju: The Beast of Two Worlds,’ which grossed ₦250 million at the box office, Ajao is eager to captivate audiences …

The All Progressives Congress (APC) has expelled former Minister of Interior and ex-Osun State Governor, Rauf Aregbesola, citing anti-party activities. Aregbesola, who led Osun State for two terms, was accused of violating Article 21 of the APC constitution by forming a faction, The Osun Progressives, later rebranded as the Omoluabi …

Oil Firm, Newcross Petroleum, Directors sued over tax evasion of $15.7m USD, N131.4m The Federal Government of Nigeria has filed before a Federal High Court in Lagos eight- count charge of evasion of taxes in the sum of $7,864,569.48 and N67,682,818.03 against NEWCROSS PETROLEUM and seven officials of the company. …

—says emotional blackmail can’t displace truth The Chief Executive Officer of EeZee Conceptz, Ezekiel Onyedikachi popularly know as EeZeeTee has dispelled what he described as a deliberate attempt by gospel music artist Mercy Chinwo to destroy his record label with lies and emotional blackmail saying that no real child of …

For his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, has been presented the Lifetime Achievement Award at the Thisday Awards.   At a well-attended event featuring leaders across Nigeria’s public and private sectors, the erudite banking professional joined a …

Guaranty Trust Holding Company Plc (GTCO) is proud to be the headline sponsor of the 2025 NPA Lagos International Polo Tournament. The highly-anticipated Polo Series will be held at the prestigious Lagos Polo Club, Ikoyi, from 4th to 23rd February 2025. A staple in Nigeria’s sporting and social calendar, the …

The World Customs Organisation (WCO) has commended SIFAX Group for its strategic importance and the excellent service that has become the hallmark of the business conglomerate. This recognition was given during the presentation of a “Certificate of Merit” to the company by WCO during this year’s International Customs Day celebration …

The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board of directors. These appointments reflect the NESG’s steadfast dedication to promoting visionary leadership and strengthening partnerships with key business leaders and private sector stakeholders. …