The Federal High Court in Lagos on Thursday fixed January 20, 2025, for the Economic and Financial Crimes Commission to arraign the Chairman of Honeywell Group,...
The Federal High Court sitting in Lagos has restrained commercial banks in Nigeria from releasing or dealing with all monies and assets up to $225.8 million...
Justice Emeka Nwite of the Federal High Court in Abuja has okayed the Economic and Financial Crimes Commission (EFCC)’s application to freeze 24 bank accounts domiciled...
As of November 2024, Nigeria has seen its currency in circulation hit a record high of N4.8 trillion, marking a seven per cent increase from the...
Social media commentator Martins Otse, popularly known as VeryDarkMan is facing scrutiny after claiming that ₦180 million was stolen from his NGO account in a hacking...
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts...
By Kayode Sanni-Arewa The recently concluded art exhibition Light in the Shadows: Stories of Hope, hosted at Banks Mill Studio, Derby, United Kingdom, has been hailed...
UK inflation climbed to 2.6% in November, up from 2.3% in October, according to the Office for National Statistics (ONS). The rise matches market expectations and...
The Central Bank of Nigeria (CBN) has introduced a daily withdrawal bar of ₦100,000 for customers using point-of-sale (PoS) terminals, as part of a broader set...
Nigeria continues to face cash scarcity despite a significant year-on-year increase of N1.59 trillion in the amount of currency held outside banks. Data from the Central...
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of facilitating the...
Ad hoc staff recruited by the Independent National Electoral Commission for the November 16 governorship election in Ondo State have accused the commission of failing to...
President Bola Ahmed Tinubu has given marching order to Nigerian Consumer Credit Corporation (CREDICORP) to ensure return of Peugeot Automobile and Dunlop tyre to the country...
Ahead of the December festive season, the Central Bank of Nigeria (CBN) has called on bank customers nationwide to report difficulties withdrawing cash from ATMs and...
The Central Bank of Nigeria, CBN has increased interest rate to 27%. This followed the meeting of the Monetary Policy Committee (MPC) of the Central Bank...
By Francesca Hangeior The Monetary Policy Committee of the Central Bank of Nigeria has raised the country’s interest rate by 25 basis points to 27.50 per...
By Ojomah Austin. The Central Bank of Nigeria (CBN) has debunked reports claiming it is set to revoke the licenses of Unity Bank, Keystone Bank and...
