In furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents – Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities – up to one million naira – to its banking agents. The …
Read More »Dangote commences feeding of 1m Malnourished Children
… UNICEF says 2m Nigerian children suffer from acute malnutrition To complement and boost government efforts in tackling the issue of malnutrition in Nigeria, the Aliko Dangote Foundation (ADF) has initiated processes to reach and properly feed one million children across the country, commencing immediately According to the United …
Read More »FBN HOLDINGS PLC ANNOUNCES NEW BOARD APPOINTMENTS
FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”). Speaking …
Read More »LAGOS COURT SENTENCES TWO MEN TO DEATH FOR ARMED ROBBERY
A Lagos State High Court sitting in Ikeja on Monday sentenced two persons, Moshood Ogunshola and Wasiu Lekan to death for armed robbery in Lagos. Justice S. S Ogunsanya delivered the judgement in charge No.ID/359C/13 between Lagos State vs Moshood Ogunshola and Wasiu Lekan. The defendants, who pleaded guilty, conspired …
Read More »Journalist narrates experience inside over 700 armed bandits, kidnappers’ den, says Nigeria on time bomb
By Tukur Mamu, Publisher, Desert Herald Newspaper The second day of Sheikh Dr Ahmad Gumi’s peace and preaching mission to Zamfara state on Tuesday witnessed a major milestone in his singular effort to spread the message of Islam to the Fulani herdsmen and to promote engagement with them in an …
Read More »BREAKING: Buhari extends IGP, Mohammed Adamu’s tenure
Minister of Police Affairs, Mohammad Dingyadi, on Thursday, said the President, Major General Muhammadu Buhari(retd.), has extended the tenure of Mohammed Adamu as the Inspector-General of Police for three months. The minister disclosed this in an interview with State House correspondents at the Presidential Villa, Abuja. He said the …
Read More »Alleged fraud: Maina’s son, Faisal, flees to U.S – EFCC
Faisal Maina, son of Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team, PRTT, has fled to the United States of America, USA, the Economic and Financial Crimes Commission, EFCC, has said. The EFCC’s Counsel, Mohammed Abubakar, on Thursday, told Justice Okon Abang of the Federal High Court, Abuja. Mr …
Read More »Court dismisses suit seeking EFCC to probe ex-Gov Yari for N900bn fraud
The Federal High Court, Abuja, on Thursday, dismissed suit seeking an order compelling the Economic and Financial Crimes Commission (EFCC) to investigate former Governor of Zamfara, Abdulaziz Yari, for alleged misappropriation of N900 billion. Justice Okon Abang, in a judgment, dismissed the suit for lacking in merit. The News Agency …
Read More »Anambra PDP, APGA bicker over 2021 election
The Peoples Democratic Party (PDP) and All Progressives Grand Alliance (APGA) in Anambra State are at loggerheads over the November 6 governorship election. The PDP has asked the APGA-led government to prepare its handover note ahead of time, but APGA described the former as ‘noise makers’. A statement yesterday by …
Read More »Naira maintains stability at forex market as Reserves stands hits $36.4b
The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central Bank of Nigeria (CBN) website has shown. The naira’s stability at the same exchange rate for the past four days ignites hope that previous volatility in …
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