Bandits have abducted over 80 children in Tsafe Local Government Area of Zamfara State. According to BBC Hausa, the children, between the ages of 12 and 17, were kidnapped on Friday morning. Parents of the victims said they were in the bush in the early hours when the assailants rounded them up and marched them away into the forest. Bandits ...

Access Holdings Plc has announced its completion of a $300 million capital investment into its flagship subsidiary, Access Bank, the proceeds of which will supplement the capital needs of its African expansion strategy. In a statement released on Tuesday, Access Holdings said part of the $300 million was to boost Access Bank’s total capital ratios. According to the lender: “Over ...

  Justice P. I. Ajoku of the Federal High Court sitting in Port Harcourt, Rivers State has remanded Fasiku Olusegun Rapheal, a banker and former staff of First City Monument Bank, FCMB in custody for alleged stealing and currency counterfeiting to the tune of Twenty-Three Million, Five Hundred Thousand Naira (23,500,000.00). The defendant was arraigned by the Port Harcourt Zonal ...

Sterling Bank Plc, has just announced that it requires a short extension outside the deadline for filing its Annual Financial Statements (AFS) for the year ended 31st December 2022. This was contained in a copy of the bank’s letter to the Nigerian Exchange (NGX) filed on the 29th of March, 2023. Company Secretary and Chief Legal Officer, Ms. Temitayo Adegoke, ...

The Economic and Financial Crimes Commission (EFCC), has urged Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos to dismiss the application filed by Kogi State Governor, Yahaya Bello, seeking to vacate the interim forfeiture order in respect of 14 properties and the sum of N400 million. The court had, on February 22, 2023, granted a preservation ...

The Nigeria Labour Congress (NLC) has threatened to carry out nationwide protest in two weeks if the Central Bank of Nigeria (CBN) fails to find… The congress had last week said that it would begin an indefinite strike and picket all branches of the Central Bank of Nigeria across the country. But the apex bank governor, Godwin Emefiele, in an ...

The Court of Appeal sitting in Abuja, on Friday, set aside the judgement of the Osun State Governorship Election Petition Tribunal delivered on January 27, 2023, which had sacked Governor Ademola Adeleke from office. The appeallate court gave the judgement in a 31-grounds of appeal filed by Adeleke. Senator Adeleke of the Peoples Democratic Party had won the said election ...

The federal government has shifted the 2023 population and housing census earlier scheduled for March 29. The exercise will now hold in May. Lai Mohammed, minister of information and culture, announced the development on Wednesday at the end of the federal executive council (FEC) meeting presided over by President Muhammadu Buhari in Abuja.

The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a statement on Monday. “In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, ...

President Muhammadu Buhari has reacted to the Supreme Court judgement on the issue of the old N500 and N1,000 currency notes, saying that at no time did he instruct the Attorney General of the Federation (AGF) or the Central Bank of Nigeria (CBN) Governor to disobey the court order. The President said it was not in his character to ask ...