Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes
In a bold show of customer appreciation, Fidelity Bank Plc has rewarded 29 lucky customers with a total of ₦30 million in the latest draw of its ongoing “Save &...
₦30m Donation Rejected by Pastor Enenche During Church Service Visit
In a rare move that has sparked public debate, the Senior Pastor of Dunamis International Gospel Centre, Dr. Paul Enenche, has rejected a ₦30 million donation reportedly offered by Kebbi...
US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust
In a significant victory against cybercrime, U.S. federal authorities have successfully recovered $225 million in assets stolen during a high-profile cryptocurrency scam, officials announced Thursday. The multi-agency operation, involving the...
Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity
A recent report has raised alarms about a potential cash crunch looming over Nigeria’s banking sector following the Central Bank of Nigeria’s (CBN) decision to raise the Cash Reserve Requirement...
House Probes Oil Companies Over Unremitted $457m, Recovers N86m
The House of Representatives Committee on Public Accounts has launched a sweeping investigation into $457 million in unremitted funds by 13 oil companies, as part of ongoing efforts to plug...
Sokoto Trains Officials to Boost Fiscal Transparency, Accountability
Sokoto State Government has launched a comprehensive training programme for its public officials aimed at enhancing fiscal transparency and promoting greater accountability in governance. The initiative, which commenced this week...
NELFUND Automates Loan Application Process to Boost Accessibility and Efficiency
The Nigerian Employment and Labour Financing Programme (NELFUND) has announced the full digitisation of its loan application process, aiming to streamline access to funding for small and medium enterprises (SMEs)...
Lawmakers Launch Investigation into Alleged Misuse of N1.12 Trillion Anchor Borrowers’ Programme Funds
The House of Representatives has initiated a formal investigation into the alleged diversion and mismanagement of N1.12 trillion disbursed under the Central Bank of Nigeria’s Anchor Borrowers’ Programme (ABP), a...
Nigeria’s Crude Imports Hit N1.2 Trillion Amid Declining Domestic Production
Nigeria has reportedly spent over N1.2 trillion on crude oil imports in recent months, as local production continues to falter due to operational challenges and infrastructural constraints in the oil...
Nigerian National Nabbed in India with N214 Million Worth of Narcotics
Indian authorities have arrested a Nigerian citizen caught attempting to smuggle drugs valued at approximately N214 million (about $520,000) into the country, marking a significant bust in ongoing efforts to...