President Muhammadu Buhari has nominated Abdulrasheed Bawa as substantive chairman of the Economic and Financial Crimes Commission, (EFCC). The President’s nomination was contained in a letter to the President of the Senate, Dr Ahmad Lawan, requesting the Upper Chamber of the National Assembly to screen and confirm Bawa for the position. A statement by Special Adviser to the President on ... Read More »

Justice Chigozie  Igwe of the Rivets State High Court sitting in Port Harcourt has sentenced the killer of Jumia delivery agent Chukwuma Eleje to death either by hanging or firing squad. Sodienyem Mbatumukeke killed Eleje, 37, in Port Harcourt about four years ago when the latter delivered an ordered iPhone to Mbatumukeke’s house. His remains were later found in a ... Read More »

  Fidelity Bank has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its ... Read More »

On Sunday February 2021, primate Ayodele Honoured As His Annual Thanksgiving and Empowerment Event Holds The leader of INRI Evangelical spiritual church, Primate Elijah Ayodele has been honoured at his annual thanksgiving and empowerment ceremony which was held yesterday in Lagos. The record-breaking event was honored with several dignitaries across the globe; which had the presence of the Minister of Interior, ... Read More »

You’ve got Firstmonie Wallet on your phone? Did I hear you say Yes… then, count yourself lucky because your first daily recharge and data subscription between 13 – 15 February will give you the opportunity to speak more to your loved ones, or spend more time on your favourite social media channel. In sharing love this valentine season, Firstmonie Wallet ... Read More »

The Nigerian Bar Association (NBA) has faulted the decision by President Muhammadu Buhari to extend the tenure of the Inspector General of Police (IGP), Mohammed Adamu. The association has consequently sued the government at the Federal High Court in Lagos to compel a reversal of the purported tenure extension. The suit, marked: FHC/L/CS/214/2021 has as defendants – the President of ... Read More »

*Strikes out suit by CBN Governor A Federal High Court in Abuja has set aside the order it made on November 4, 2020 freezing accounts linked with some promoters of the #EndSARS protest that took place across the country last year. Justice Ahmed Mohammed, in a ruling on Wednesday ordered all affected banks to immediately defreeze the affected accounts. Justice ... Read More »

Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently. She also spoke on the simplified and more appealing interface of the ... Read More »

Access Bank says it has partnered with American Express to broaden the acceptance and usage of American Express cards in Nigeria. It said this in a statement on Friday titled ‘Access Bank launches partnership with American Express to expand the acceptance of cards in Nigeria’. With this, it stated, the full-service bank acquired merchants who would accept American Express card ... Read More »

The Minister of Communications and Digital Economy, Dr Isa Pantami, has commended MTN Nigeria for its appointment of a Nigerian to lead the telecommunications and ICT services provider. According to a statement issued on Sunday, Pantami gave the commendation during a courtesy visit by MTN’s Chairman, Ernest Ndukwe, Chief Executive Officer-designate, Karl Toriola, and Chief Corporate Services Officer, Tobechukwu Okigbo. ... Read More »