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‘N26.6bn fraud’: EFCC arraigns Funmi Adenmosun, ex-Bank PHB director

    ‘N26.6bn fraud’: EFCC arraigns Funmi Adenmosun, ex-Bank PHB director

The Economic and Financial Crimes Commission (EFCC) has arraigned Funmi Adenmosun, a former director of defunct Bank PHB, over alleged money laundering to the tune of N26.6 billion. The anti-graft

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FAAC: FG, states, LGs share N699bn as allocation in December — up by N23bn

    FAAC: FG, states, LGs share N699bn as allocation in December — up by N23bn

The federation accounts allocation committee (FAAC) says it shared N699.824 billion among the three tiers of government for December 2021.  This represents an increase of N23.878 compared to N675.946 disbursed in

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Here’s why you are yet to receive your MTN shares

    Here’s why you are yet to receive your MTN shares

Through the first two weeks of December 2021, MTN Nigeria made a public offering to sell 575 million ordinary shares to Nigerians at the price of N169 per share, in

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EXCLUSIVE: Ministries can now award a N1.499bn contract without BPP

    EXCLUSIVE: Ministries can now award a N1.499bn contract without BPP

The federal government has approved a prior review of the thresholds service-wide application for procurements in ministries, departments and agencies (MDAs). Ministerial tenders board can now award a contract of

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Crypto market loses $356bn in 24 hours — and $1 trillion in two months

    Crypto market loses $356bn in 24 hours — and $1 trillion in two months

The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over the last day,

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CBN to commence e-invoice for import and export transactions Feb 1

    CBN to commence e-invoice for import and export transactions Feb 1

The Central Bank of Nigeria (CBN) says it will commence an electronic invoice (e-invoice) for all import and export operations from February

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FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

    FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a memorandum of understanding (MoU) with the Nigerian Shippers’ Council

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Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

    Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

Vice-President Yemi Osinbajo says multilateral organisations should adopt debt relief initiatives to aid Africa’s economic recovery. Osinbajo said this while

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Bitcoin price drops below $40,000 amid Russian crypto ban

    Bitcoin price drops below $40,000 amid Russian crypto ban

Bitcoin, the world largest crypto by market cap, dropped 9 percent on Friday to $38,147. According to data on CoinMarketCap, this

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Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

    Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

The International Monetary Fund (IMF) says it is proposing a $50 billion trust fund to help low and vulnerable middle-income

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