Bank to NGX: Hassan-Odukale is FBN Holdings’ largest single shareholder

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The Chairman of FBN Holdings (FBNH), Mr. Tunde Hassan-Odukale, has been confirmed as the largest single shareholder of the company. The confirmation was stated in...

Police officers detained for extorting N60,000 from traveller using POS

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The Police Command in Imo State has confirmed the arrest of some of its personnel for allegedly extorting N60,000 from a traveller, Mr. Victor...

Court freezes Benue govt’s bank accounts over N333m loan

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Following its inability to pay back N333 million loan borrowed in 2008, a Federal High Court in Abuja has made an interim order, freezing...

eNaira: CBN raises the alarm over fraudsters’ 50bn offer, fake twitter...

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The Central Bank of Nigeria (CBN) has raised the alarm over the activities of fraudsters following the launch of the digital currency, eNaira. The apex...

NNPC to fund Lagos-Badagry Expressway, 20 other road projects with N621.2bn

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The Federal Executive Council (FEC) has given the Nigerian National Petroleum Corporation (NNPC) the approval to deploy some of its tax liabilities to Lagos-Badagry...

PPMC: Nigeria spends N8.3bn daily on petrol subsidy

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Managing Director, Petroleum Products Marketing Company (PPMC), Mr. Isiyaku Abdullahi, has said that the full deregulation of the petroleum downstream sector will save Nigeria...

Yar’Adua’s Agric Minister, Abba Ruma, dies in London

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Dr. Abba Sayyadi Ruma, a former Minister of Agriculture and Water Resources during the administration of late President Umaru Musa Yar’adua, is dead. Ruma, according...

Vietnam begins vaccination of children against COVID-19

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Southern Vietnam’s Ho Chi Minh City (HCMC) on Wednesday started vaccinating children against COVID-19. According to a local media outlet, VnExpress, the city became the...

How bank manager forged my signature to divert N42.5m – Hotelier

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A hotelier, Mr. Babatunde Emmanuel on Wednesday before an Ikeja Special Offences Court, alleged that Access Bank Plc., relied on forged documents to authorise...

Kenya gets $150m World Bank credit for climate financing

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World Bank has granted Kenya 16.7 billion shillings (about $150 million) to support the country’s climate action plan, the National Treasury said Wednesday. The Treasury...