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N17b cash: EFCC detains social investment scheme coordinator

A few hours after her suspension, the Economic and Financial Crimes Commission (EFCC) yesterday arrested the National Coordinator and Chief Executive Officer (CEO) of the National Social Investment Programme Agency (NSIPA), Halima Shehu. She was still being detained as at press time last night. Halima Shehu was picked up in connection with the movement of N17 billion from NSIPA account to ...

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FG suspends accreditation of degree certificates from Benin Republic, Togo

  The Federal Government has suspended the accreditation and evaluation of degree certificates from Benin Republic and Togo. This move followed a report detailing how a degree was acquired from a university in Benin Republic in under two months. “This report lends credence to suspicions that some Nigerians deploy nefarious means and unconscionable methods to get a Degree with the ...

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Full text of President Tinubu’s New Year address

Dear Compatriots, It gives me immense joy to welcome each and everyone of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for His grace and benevolence to our country and our lives in the year 2023 that has just gone by. Though the past year was ...

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ZENITH BANK AWARDED BEST BANK FOR DIGITAL SOLUTIONS IN NIGERIA AT THE EUROMONEY 2023 AWARDS

Zenith Bank Plc has been named the “Best Bank for Digital Solutions in Nigeria” in the Euromoney Awards for Excellence 2023, underscoring the bank’s pioneering and outstanding achievements in delivering cutting-edge digital financial solutions. Speaking on the recognition, the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said, “We are delighted to receive the distinction as the Best ...

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Keystone Bank trains over 300 female SMEs on financial literacy in Borno

In a move towards fostering gender equality, inclusiveness, economic empowerment and in promoting the development of the micro, small and medium enterprises in the country, Keystone Bank Limited recently empowered over 300 female-business owners in Maiduguri, Borno State capital. The well-attended event was held at the White Arena Event Centre in Old GRA, Maiduguri, on Tuesday, December 5th, 2023. At ...

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FIRSTBANK DECEMBERISSAVYBE: ASAKE KICKS OFF 2023 SUPERSTAR CONCERTS, EVENTS

FirstBank, Nigeria’s premier financial institution, is set to ignite the annual DecemberIssaVybe fun time energy with the sponsorship of heavyweight sensational Nigerian singer, Asake’s super star musical concerts in Abuja and Lagos. Asake also known as Mr Money, an award-winning singer and the rave of the moment, famed for his monster global Afrobeat hit songs, will be performing in Abuja ...

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Finally, FG exempts universities, polytechnics from IPPIS

The Federal Government on Wednesday approved the exemption of universities, polytechnics, colleges of education and other tertiary institutions of learning from the Integrated Payroll and Personnel Information System. It said, henceforth, remunerations to staff members of these institutions would no longer flow through the platform. The Minister of the Information and National Orientation, Mohammed Idris, disclosed this to State House ...

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Reasons for naira scarcity – CBN

The Central Bank of Nigeria (CBN) has explained the reasons behind scarcity of naira notes in the country. This comes following a series of complaints by some bank customers on the scarcity of naira notes at the counters, Automated Teller Machines (ATMs), Points of Sale (PoS), and Bureaux de Change (BDCs). In a statement issued by the Corporate Communications Department ...

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Fidelity, Zenith, Access makes list of most Capitalized Banks in Q3 2023

Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as of September 2023 against N314.3 billion in 2022. Also featuring on the list are Zenith Bank, UBA, First Bank, Access ...

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