Justice Ayo Oyebiyi of Osun State High Court sitting in Osogbo on Thursday discharged and acquitted a nurse, Alfred Aderibigbe, who was charged with the murder of late Senator Isiaka Adetunji Adeleke. Aderibigbe was arraigned at Osun State High Court on June 8, 2018, where he pleaded not guilty to the murder charge preferred against him. According to Daily Trust, ... Read More »

Three suspects arrested for allegedly detonating explosives in Governor Nyesom Wike’s father’s church in Rivers State said they engaged in the act to get juicy appointments in the proscribed Indigenous People of Biafra (IPOB). The suspects made the confessional statements when they were paraded by the Commissioner of Police in the state, Joseph Mukan, at the police headquarters, Port Harcourt. ... Read More »

Specta, Nigeria’s fastest lending platform owned by Sterling, has created a digital credit solution known as PayWithSpecta. The new solution allows customers to pay for goods in instalments, while Merchants are credited instantly; helping businesses increase sales. PayWithSpecta offers digital credit limits to customers to purchase items in-store at Merchant locations or from Merchant online platforms. Also, PayWithSpecta gives Merchants ... Read More »

The Central Bank of Nigeria (CBN) has stopped naira payment to recipients of diaspora remittances (dollar inflows) from International Money Transfer Operators (IMTOs). The customers are by a new regulation released on Monday, allowed to receive their funds through foreign currencies of their choice, including payment of the funds into domiciliary accounts. The new policy, contained in a circular signed ... Read More »

  Director of Radio Biafra, Nnamdi Kanu has been arrested by the police in Singapore. According to exclusive information from inside sources, Kanu was arrested 15 days ago, when he visited the country, and that is why he has not been able to broadcast for ove two weeks on Radio Biafra. The controversial Biafran activist, who claims to be the ... Read More »

  The Central Bank of Nigeria said on Monday that it had amended the procedures for receipt of diaspora remittances as part of its efforts to boost the foreign exchange market. It said this in a circular on entitled ‘Amendment to procedures for receipt of diaspora remittances,’ which was signed by Director, Trade and Exchange Department, Dr O. S. Nnaji. ... Read More »

… Wins Best Bank of the Year, International Bank of the Year Pan-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of the Year and the International Bank of the Year at the glamorous event held over the weekend. The bank beat ... Read More »

… BoT, NASS caucus divided The National Working Committee of the Peoples Democratic Party (PDP) has come under increasing pressure to declare its position on which of the zones will produce the party’s presidential flag bearer in the 2023 election. The situation is not helped by threats by more governors elected on the platform of the party to switch camps ... Read More »

Ecobank Nigeria has launched Smart Small And Medium Enterprise (SME) Agency Banking campaign targeted at empowering 100,000 entrepreneurs under the Ecobank SME and Agency Banking proposition. Emeka Agada, Head of SME, Ecobank Nigeria, said the initiative was introduced in line with the bank’s commitment to support the Federal Government and Central Bank Of Nigeria vision for financial inclusion across the ... Read More »

In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack ATM which is done in partnership with Inlaks enables customers carry out cash withdrawals without ... Read More »