The NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA Merchant Bank. SEC had reported that a total of 21 dollar funds registered during ... Read More »

Based on the public outburst of the Economic and Financial Crime Commission Chairman, Mr Ola Olukoyede, in his New Year message that exposed the Commission’s investigators’ staff for bribery and corruption reports, which shows a new sheriff in town, attributes from him as the new helmsman of EFCC. It is now observed upon discovering a purported deliberate delay mechanism in ... Read More »

The Presidency has maintained that there are no plans to move the Federal Capital to Lagos as speculated in some quarters. Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu, stated this in a statement on Wednesday. According to Onanuga, those peddling rumour are dishonest, ethnic and regional champions, trying to draw attention to themselves. He ... Read More »

Allocation highest ever N500b kept in savings Yusuf: let gains of reform reflect on citizens It was a huge “payday” for the tiers of government yesterday. The federal, state and local governments shared a handsome N1.127 trillion from the N1.674 trillion collectable revenue in December 2023. Over N500 billion was saved to take care of future needs. It is the ... Read More »

Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission has alleged that some of the commission’s investigators are taking bribes, noting that he had a process in motion to fish them out. Olukoyede made this known on Thursday, January 18, in his New Year address to staff members of the anti-graft agency at the commission’s headquarters in Abuja. ... Read More »

Reference to the publication from Thisday newspapers management published on 17th January 2024, the said publication indicating our Karmo district market in Abuja was on fire. The said misinformation was published where Karmo district market picture was used to represent the scene of the inferno. The incidence since the publication had degenerated to untold anxieties and panic among our numerous ... Read More »

President Bola Tinubu has approved the payment of renewal fees for the Group Life Assurance for federal government workers. Minister of Information and National Orientation, Alhaji Mohammed Idris, disclosed this on Wednesday at the end of the first 2024 meeting of the Federal Executive Council (FEC) held in Abuja. He said that this was sequel to a memo brought by ... Read More »

As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead. Themed Read2lead, the three-stage competition would see secondary school students hone their reading and writing skill while competing for millions of naira in cash rewards, ... Read More »

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange rate unification policies. Oyedele spoke during a panel session at the Lagos Chamber of Commerce and Industry 2024 Economic Outlook and Budget Analysis. He, therefore, said it was critical for ... Read More »

The Oyo state government has established an Emergency Situation Room to facilitate swift assistance for survivors and victims of Ibadan explosion. Professor Temitope Alonge will lead the initiative, overseeing the coordinated response to the incident. The Chief Press Secretary to the governor, Sulaimon Olanrewaju gave the hint on Wednesday, January 17. He said: “The Oyo State Government has set up ... Read More »