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Ademola Adebisi Wema Bank Plc, one of Nigeria’s struggling financial institutions is in the news again for the wrong reasons as some customers of the bank have accused the lender of conducting illegal banking practice in the country. They said they discovered that the bank and its agents had allegedly …

Rochas Okorocha The  Economic and Financial Crimes Commission finally arrested a former Governor of  Imo State, Senator Rochas Okorocha, after a long siege to his Maitama residence in the Federal Capital Territory, Abuja, on Tuesday. The EFCC officers whisked the embattled former governor away at exactly 06:48 pm in their …

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversations  was …

For the first time in over two years,  the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent. Mr Godwin Emefiele, Governor of the CBN, said this while reading the 285th communiqué issued at the end of the apex bank’s Monetary Policy Committee (MPC) meeting …

File Photo: EFCC Operatives The Economic and Financial Crimes Commission (EFCC) has given reasons why its operatives invaded Senator Rochas Okorocha’s Abuja residence on Tuesday. EFCC Operatives were reported to have stormed the house of the former governor of Imo State on Tuesday. Explaining the operation, the EFCC said in …

Artwork describing ASUU strike merged with federal government meeting with lecturers Lecturers in federal universities have described students as the biggest losers in the ongoing industrial strike by the Academic Staff Union of Universities (ASUU). In separate interviews with THE WHISTLER, the lecturers said although the strike has prevented them from …

ASUU Logo The three major workers unions at the Ekiti State University Ado Ekiti have directed their members to disregard the notice of resumption issued by the management. The management of the university had in a statement on Monday evening directed workers and students to resume today, Tuesday for academic …

NNPC LTD GMD, Mele Kyari, Speaking At WGC2022, Daegu, South Korea The Chief Executive Officer/ Group Managing Director of the Nigerian National Petroleum Company Ltd, Mele Kyari, said that current global energy prices will worsen if banks and other financial institutions shy away from investing in gas projects. Kyari said …

Suleiman Coalition of Northern Groups on Tuesday vowed to retaliate reported killing of some northerners by gunmen suspected to members of the Eastern Security Network (ESN), a militant wing of the Indigenous People of Biafra (IPOB). The IPOB, has, meanwhile condemned the killing, blaming the act on criminals which it vowed to …

Emefiele The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised interest rate to 13 percent amid rising inflation. Godwin Emefiele, Central Bank governor who announced the decision after MPC meeting on Tuesday, said the raise was necessitated by inflation. The rate had previously been put …