Business

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Money

Cardoso Hails AU Approval of Nigeria’s Permanent Seat on African Monetary Institute Board

BY NECHI NAECHE-ESEZOBOR—Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has welcomed the approval by the African Union (AU) granting Nigeria...

Crime

Nigeria Demands Justice After E-Hailing Driver Is Hijacked, Killed in Pretoria

The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, has strongly condemned the killing of 22-year-old Nigerian e-hailing driver, Isaac Satlet,...

Fraud

Couple Docked in Abuja Court Over N740m Investment Scam

The Economic and Financial Crimes Commission (EFCC) on Monday, arraigned Osabohein Alex Ologbose and his wife, Hope Onome Oghelemu, before Justice Ekerete Akpan...

Fraud

How Alleged ₦5.78bn UBEC Funds Were Spent on Salaries, Loans — EFCC Witness

The trial of former Kwara State Governor Abdulfatah Ahmed and his Commissioner for Finance, Ademola Banu, over the alleged misappropriation of ₦5.78 billion...

Fraud

Man Bags Jail Term, Ordered to Pay N15.6m Restitution in Forex Scheme Fraud

Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, has convicted and sentenced Henry Daniel to one year imprisonment for...

Money

Sterling Bank, AltBank Fully Recapitalised as HoldCo Secures Final Regulatory Approvals

Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in...

Insurance World

From Romance to Responsibility: AIICO Redefines Valentine’s Day for Young Nigerians

BY NKECHI NAECHE-ESEZOBOR—While Valentine’s Day is often defined by roses, chocolates, and grand romantic gestures, AIICO Insurance Plc chose a different path this...

Crime

China-based Businessman, 2 Angolans Excrete 236 Cocaine Wraps

BY NECHI NAECHE-ESEZOBOR—Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a China-based Nigerian businessman and two Angolan nationals after they...