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Wema Bank Plc, the oldest indigenous bank in Nigeria, has urged Small and Medium-Scale Enterprise (SME) owners and managers in Nigeria to explore the various funding opportunities that the bank provides to grow their businesses. This call was made during the business growth and innovation conference held in Enugu, in …

Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC (PriceWaterhouseCoopers) for “serious breaches” found in audits of engineer Babcock International (BAB.L), Reuters said on Wednesday, quoting the regulator. The Financial Reporting Council (FRC) said the penalties related to failings on audits of Babcock’s accounts up …

Nigerians have condemned the posture of the Independent National Electoral Commission (INEC) on the request by opposition political parties for access to the Bimodal Voter Accreditation System (BVAS) used for the presidential and National Assembly elections as directed by the court. They spoke in separate interviews on Wednesday. They said …

Olugbenga Agboola Flutterwave founder, Olugbenga Agboola, has purchased a luxury six-bedroom, seven-bathroom house in Miami Beach, United States for $7.1 million. The property was previously owned by the Boschetti Group, a real estate development firm that purchased the plot for $1.2 million in 2021 and built the home last year. …

Joseph Ewuga, the governorship candidate of the Labour Party in Nasarawa State, has stepped down and declared support for the candidate of the Peoples Democratic Party (PDP) candidate, David Ombugadu, ahead of Saturday’s governorship poll. Ewuga who spoke in the Akwanga Local Government Area on Wednesday, said he stepped down …

PVCs Personnel of the 9 Brigade of the Nigerian Army, on Wednesday, said it recovered 1,671 Permanent Voters Cards, PVCs, in an apartment in the Olodi-Apapa area of Lagos State. Three persons were subsequently arrested in the apartment, while the prime suspect was said to be on the run. Also …

An Economic and Financial Crimes Commission (EFCC) witness Okechukwu Akube, on Wednesday, told a Federal High Court in Lagos how N2bn was allegedly diverted from the Nigerian Air Force Special Emergency Account to a property in Ikoyi, Lagos. The witness disclosed this while giving evidence at the continuation of the …

Saratu Umar Embattled directors of the Nigerian Investment Promotion Commission (NIPC) have, again, petitioned the minister of industry, trade and investment Otunba Adeniyi Adebayo, over continuous maltreatment and breach of the extant laws governing the federal civil service by the executive secretary, Ms Saratu Umar, asking him to act fast …

INEC chairman, Mahmood Yakubu The pan-Yoruba socio-political organisation, Afenifere, has condemned the outcome of the February 25, 2023 Presidential Election, won by the candidate of the All Progressives Congress, Bola Tinubu. The group also faulted the Independent National Electoral Commission on the conduct of the election, saying the commission did …

Babajide Sanwo-Olu, Lagos governor, has asked the commissioner of police to probe the fire at Akere auto parts market in the Olodi Apapa area of the state. The inferno, which raged from Tuesday midnight to Wednesday morning, destroyed goods and properties worth millions. A 65-year-old man was said to have …