The Economic and Financial Crimes Commission (EFCC) is investigating Providus Bank Limited and one of its officials over an alleged unauthorized withdrawal of about N270 million from a customer’s account. The probe follows a petition by Cornerblock Services Limited, which accused the bank of complicity in the withdrawal of funds …
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A Nigerian court has vacated injunctions protecting Amaranta Oil and Jonescreek Hydrocarbon from EFCC scrutiny in a $1 billion Nestoil Group debt dispute. A Federal High Court in Abuja has lifted the legal shields that had been protecting 2 companies linked to billionaire Ernest Azudialu Obiejesi’s Nestoil Group from scrutiny …
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Justice Ibrahim Ahmad Kala of a Federal High Court sitting in Lagos has ordered a businessman, Fowowe Olanrewaju Akinola to be remanded in the custody of the Nigerian Correctional Service (NCoS) over alleged N16.5 million forex fraud The judge ordered his rand after.he was arraigned pending the hearing of his …
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Nestlé Nigeria Plc has signed a Memorandum of Understanding with the Federal Ministry of Livestock Development to establish a Dairy Technical Skills Development Centre in Paikon Kore, Gwagwalada, as part of efforts to strengthen technical capacity, improve milk quality, and enhance productivity within Nigeria’s dairy sector. The Centre, to …
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LAGOS.22.04.2026. Nigeria’s retail lender, Unity Bank Plc, alongside leading climate innovation experts, has called for increased investment in the green economy and the adoption of frontier technologies as critical pathways to driving economic resilience and reducing the impact of climate change on vulnerable populations across Africa. The call was made …
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In today’s rapidly evolving business environment, organizations face heightened competition, shifting workforce expectations, and increasing pressure to optimize productivity. Amid these dynamics, one truth has become increasingly clear: employees’ financial well-being is directly tied to organizational performance. Employees who are financially secure demonstrate greater commitment, higher productivity, reduced absenteeism, and …
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A major new international study published in The Lancet Child & Adolescent Health, one of the world’s leading medical journals, has revealed that Nigeria carries the highest burden of sickle cell disease (SCD) globally, with an estimated over 1.5 million children under the age of 15 living with the condition. The …
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P+ Measurement Services, Nigeria’s leading independent media intelligence consultancy, has released its Q1 2026 Print Media Advertising & Placement Audit, reaffirming the continued relevance, credibility, and strategic value of print media in Nigeria’s evolving information ecosystem. At a time when early digital narratives predicted the decline of print, the findings show a …
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Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been confirmed as the platinum sponsor of the highly anticipated GTR West Africa 2026 conference, taking place on 22 and 23 April, at the Eko Convention Centre in Lagos. This landmark event brings together over 400 senior trade and finance …
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Global peace advocate and founder of the Institute for Economics and Peace, Mr Steve Killelea, has held a high level meeting with the Conflict Research Network West Africa to advance practical pathways for sustainable peace in Nigeria and across the West African region. The meeting, held in Abuja, …
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