The presidential candidate of the African Action Congress (AAC) and online publisher Omoyele Sowore is yet to perfect the bail conditions granted him by Justice […]
Category: Economy
Tony Elumelu Steps Down as UBA Chairman; Valentine Nnorom Named Successor
United Bank for Africa (UBA) has announced that its Group Chairman, Tony Elumelu, will conclude his 12-year tenure on August 21, 2026, with Emmanuel N. […]
NASD Announces Retirement of Longe, Appoints Chinwendu Ekeh as Acting Managing Director
The Board of Directors of NASD PLC has announced the retirement of its Managing Director, Mr. Eguarekhide Longe, following a distinguished and meritorious career spanning […]
Pension Enforcement: ICPC, PenCom Move Against Defaulters, Recover ₦3bn
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the National Pension Commission (PenCom) have recovered over N3 billion in unremitted pension contributions […]
IDICE Fund: Bank of Industry Appoints Kuramo Capital as Fund Manager
The Bank of Industry (BOI) has appointed Kuramo Capital as the Fund Manager of the IDICE Fund of Funds, a $170.6m initiative designed to unlock […]
AXA Mansard Announces Resignation of Board Member Melina Cotlar
AXA Mansard Insurance Plc has announced the resignation of Ms Melina Cotlar as a Non-Executive Director of the Company’s Board, effective May 29, 2026. The […]
FG Files Charges Against Adeyemi as PFIPC Existence Controversy Deepens
The controversy surrounding the existence of a Presidential Foreign Intervention Promotion Council (PFIPC) deepened, with Prince Adeniyi Adeyemi raising allegations against the Chief of Staff […]
46 Microfinance Banks Shut Down as CBN Revokes Licenses (See Full List)
The Central Bank of Nigeria (CBN) on Wednesday announced the revocation of the operating licences of forty-six microfinance banks. According to a statement signed by […]
Senate Passes Bill to Establish State Police
The Senate has passed a bill seeking to amend the 1999 Constitution to provide for the establishment of state police services across the federation. Following […]
CBN Orders Banks to Freeze Assets Of Individuals, BDCs Linked With Terrorism Financing
The Central Bank of Nigeria (CBN) on Thursday directed banks and all financial institutions to freeze transactions, accounts, and assets linked to six individuals and […]