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EFCC arraigns bank's managing director for N19 million, $30,000 frauds

Nigeria, May 16 -- The Economic and Financial Crimes Commission (EFCC) has arraigned Blessing Gozi-Anyaokei, the managing director of Viscount Microfinance Bank, over alleged fraud involving N19 milli... Read More


2027: Atiku's opponent in ADC outlines plans to reduce poverty if elected

Nigeria, May 16 -- A presidential aspirant in the African Democratic Congress (ADC), Mohammed Hayatu-Deen, has said if elected in 2027, he would prioritise large-scale job creation as a strategy to re... Read More


How I was denied entry into South Africa - BUA Chair

Nigeria, May 16 -- The founder of BUA Group, Abdul Samad Rabiu, said South African authorities denied him entry because his visa expired a day before his arrival in 2025, while Europeans were reported... Read More


Niger Delta groups demand audit of abandoned oil wells

Nigeria, May 16 -- Civil society groups, labour unions, environmental activists and community leaders from across the Niger Delta have demanded the immediate publication of payments made into oil and ... Read More


Jaiz Bank's annual profit rises 28% on higher revenue

Nigeria, May 16 -- Jaiz Bank, Nigeria's pioneer non-interest bank, logged a 28.4 per cent surge in net profit for last year, compared to 2024, on the back of a notable increase in revenue, its audited... Read More


CBN says Nigeria's foreign exchange turnover rises above $400m daily

Nigeria, May 16 -- The Central Bank of Nigeria has revealed that Nigeria's average daily foreign exchange turnover has risen to over $400 million, up from about $100 million recorded in 2023, reflecti... Read More


Sterling Financial Holdings posts 75% jump in annual profit

Nigeria, May 16 -- Sterling Financial Holdings reported a 74.8 per cent increase in net profit for 2025, compared to the preceding year, amid improvement across the group's key revenue streams, accord... Read More


Athletics Championships: Nigeria win relay gold, silver as medal chase continues in Accra

Nigeria, May 16 -- Team Nigeria continued its strong outing at the 2026 African Senior Athletics Championships in Accra, Ghana, winning gold in the women's 4x100m relay and silver in the men's event o... Read More


Eno rides roller coaster at N30bn resort project clouded in procurement secrecy

Nigeria, May 16 -- Governor Umo Eno of Akwa Ibom State on Thursday night inspected the nearly completed ARISE Palm Resort in Uyo, riding one of the newly installed roller coasters alongside commission... Read More


First Bank appoints new executive director

Nigeria, May 16 -- First Bank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Julius Omodayo-Owotuga as an Executive Director of the bank, effective 13 May. The appointment was di... Read More