A September 21, 2023, enterprise news report (i.e., a news report that’s not from a news release or a press conference) from the Daily Trust found that “Despite the numerous assurances by President Bola Ahmed Tinubu that… subsidy is gone… the federal government paid N169.4 billion as subsidy in August …
Read More »
Bhadresh Gohil, a 58-year-old lawyer of Indian origin, was ordered by a UK court on Monday to pay more than £28 million in costs related to criminal activities. Gohil had previously been convicted of fraud and money laundering in a case involving corruption allegations against James Ibori, a former governor …
Read More »
The Governor of the Central Bank Of Nigerian, Mr. Godwin Emefiele has explains why the apex banks decides to extend the January 31st Deadline for the withdrawal of the old Naira Notes from circulation. Emefiele made the announcement on Sunday. Speaking to journalists, he said, “A 10-day extension of the …
Read More »
The President, Muhammad Buhari on Tuesday has signed the 2023 Appropriation Bill passed by the National Assembly in December. This is the last budget to be signed by Buhari as Nigeria’s president. The budget spending was increased by N1.33 trillion, making it N21.83 trillion from the proposed N20.51 trillion by …
Read More »
The First Bank Of Nigeria had Announced new banking guidelines for their international transactions. In a Statement to it’s customers, the bank said international transactions on its naira Mastercard will be suspended from September 30, 2022. The bank said such transactions would not be available on its naira credit card, …
Read More »
First Bank Of Nigeria Holdings PLC, has indicates interest to do away with 65% of their equity in FBN Insurance Limited to their partner, Sanlam Emerging Market. Sanlam have an existing equity of 35% with FBN Insurance before these new discussions. FBN who made the ongoing discussion to sell the …
Read More »
Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product shrank by 1.4 per cent in the fourth quarter of 2019, following a revised 0.8 per cent contraction in the third quarter, data from …
Read More »
Cheque books with Diamond bank logo has been declared invalid beginning from the 1st of March 2020 According to Access Bank, the decision to discontinue accepting cheque books bearing the logo of its merger partner is to increase efficiency in service delivery. They further advised customers who want to get …
Read More »
The President, Major General Muhammadu Buhari (retd.), wrote a letter to Nigerians to commemorate the New Year. The letter was made available to newsmen on Wednesday in Abuja. Read the full content of the letter below: A LETTER FROM THE PRESIDENT AT NEW YEAR My Dear Compatriots, NIGERIA’S DECADE Today …
Read More »
The Federal Government of Nigeria has explained why the former executive chairman of the Federal Inland Revenue Service(FIRS), Babatunde Fowler was removed from office. The Federal Government who explained through the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said Babatunde Fowler’s tenure as executive chairman …
Read More »
South Daily