The Department of State Services (DSS) has arrested the suspended governor of the Central Bank of Nigeria, Godwin Emefiele. The former CBN chief was arrested by the DSS on Friday evening. The arrest was reported shortly after President Bola Tinubu suspended him. According to the president, Emefiele was suspended due to the ongoing investigation of his office and the planned ...

Babajide Sanwo-Olu, Lagos State governor, has approved the appointment of Barrister Bimbola Salu-Hundeyin as secretary to the State Government (SSG). The governor also appointed Mr. Tayo Ayinde as Chief of Staff and Mr. Gboyega Soyannwo as Deputy Chief of Staff to the Governor. Gboyega Akosile, media adviser to the governor, announced the appointment in a tweet on Thursday.

…takes trade expo to Houston, Texas, USA in October 2023. Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, leading financial institution, Fidelity Bank Plc, has announced plans to host the second edition of the trade expo in Houston, Texas in the United States of America. ...

The Nigerian Labour Congress, NLC, on Monday night, confirmed that it will no longer proceed with its nationwide strike planned for Wednesday. The resolution was announced by the former Speaker of the House of Representatives and the current COS to the President, Femi Gbajabiamila and confirmed by the President of the Nigerian Labour Congress, Joe Ajaero, after a nearly six-hour ...

Polaris Bank, Nigeria’s leading digital financial institution, has restated its commitment to environmental sustainability in the country. The Bank’s commitment is coming on the heels of the 2023 World Environment Day observed yearly on June 5. The annual event is led by the United Nations Environment Programme (UNEP) which is observed globally to encourage awareness and action for the protection ...

President Bola Tinubu has named Senator George Akume, immediate past Minister of Special Duties, as Secretary to the Government of the Federation, and Femi Gbajabiamila, Speaker of the House of Representatives, as Chief of Staff (CoS). This is contained in a statement issued by Abiodun Oladunjoye, the State House Director of Information on Friday. “President Bola Ahmed Tinubu Friday in ...

A Federal High Court has been asked to compel the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC) to probe Rivers State Government’s spendings during the tenure of the immediate past Governor, Nyesom Wike. The suit, filed by Sir Precious Elekima and a group, Incorporated Trustees of Peoples Life Improvement Foundation ...

... Commend Partnerships and bundled investment initiatives   Nigeria’s leading Retail Bank, Polaris Bank has announced the launch of its exclusive banking product aimed at serving its High Net-worth Individuals (HNIs) seeking innovative investment options in challenging economic times. The unveiling which took place in Ikoyi, Lagos, on Tuesday was attended by esteemed guests, industry experts, and corporate customers from across ...

The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window.   A top official of the apex bank, who told this medium that the report is completely false , warned that such reports could have serious adverse consequences for ...

The Nigerian National Petroleum Company (NNPC) Limited has just confirmed the change in petrol price. Recall that the company had earlier released a new price template putting pump price of petrol between N488 and N555 per litre in various states. Confirming the increment in a statement on Wednesday, Garba Deen Muhammad, Chief Corporate Communications Officer of NNPC, reassured that the ...