President Bola Tinubu has appointed Jim Obazee, Chief Executive Officer of the Financial Reporting Council of Nigeria, as a special investigator to probe the Central Bank of Nigeria (CBN) and related entities. President Tinubu has appointed a Special Investigator to probe an alleged fraud in the CBN. Newsmaxngr reports that President Bola Tinubu has appointed Jim Obazee, Chief Executive Officer ...

The authority of Heads of State and Government of the Economic Community of West African States, ECOWAS, Sunday, issued a seven-day ultimatum to the military in Niger Republic to restore ousted President Muhammed Bazoum to office. The decision of the extraordinary session of the Authority presided over by its Chairman, President Bola Tinubu in Abuja followed its deliberations on developments ...

Dame (Dr.) Adaora Umeoji OON is the Deputy Managing Director of Zenith Bank Plc, boasting over 20 years of experience in banking and executive management. Newsmaxngr reports that the Board of Zenith Bank Plc has announced the reappointment of Dame (Dr) Adaora Umeoji as the Deputy Managing Director of the bank. This was announced in a corporate action that was ...

Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday sent the list of nominees for his cabinet to the State House Assembly for screening and confirmation. The list sent to the Lagos State House of Assembly, contained 39 names, which is mixture of politicians and technocrats. While some of the immediate past Cabinet members returned, many did not return. The former ...

Bank is bankrupt, unable to pay depositors’ funds Experts accuse ex-CBN boss, Emefiele of politics, ask new chief to take action The fortunes of the once bubbling Heritage Bank have continued to sink deeper and deeper, gradually moving from a state of comatose to a complete death situation with customers’ deposits on the line if nothing is done immediately by ...

Godswill Akpabio, Nigeria’s Senate President has announced a 28-man ministerial nominees of President Bola Tinubu. After a long wait by Nigerians, the Chief of Staff to the President, Femi Gbajabiamila, on Thursday afternoon, presented Tinubu’s ministerial list before the Senate. Gbajabiamila, the immediate past Speaker of the House of the Representatives, presented the list to Senate President Godswill Akpabio at ...

Niger Army spokesman Colonel Amadou Adramane speaks during an appearance on national television, after President Mohamed Bazoum was held in the presidential palace. Photograph: ORTN/Reuters Niger military officers announced early Thursday that they had taken over power from President Mohamed Bazoum, who has been in detention since the early hours of Wednesday. The soldiers announced the coup in televised broadcast ...

Resident Doctors have declared indefinite strike in Nigeria. We reports that the Nigerian Association of Resident Doctors declared an indefinite strike on Tuesday night, July 25, 2023. This online news platform understands that the NARD President, Dr Emeka Orji, disclosed this, saying that the strike will begin today, Wednesday, July 26, 2023, at 12am. The NARD President said the decision ...

The Naira today depreciated to N870 per dollar in the parallel market from N840 per dollar on Monday, indicating N30 depreciation. But the national currency  appreciated to N791.42 per dollar in the official Investors and Exporters, I&E window. Data from FMDQ showed that the indicative exchange rate for the Investors and Exporters (I&E) window fell to N791.42 per dollar from ...

Operatives of the Department of State services (DSS) have rearrested Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN). The operatives took custody of Emefiele after a physical fight with officials of the Nigerian Correctional Service. Emefiele was earlier granted bail by the Federal High Court in Ikoyi, Lagos. It was earlier reported that the DSS operatives ...