EFCC Re-arrests Mompha for Alleged Money Laundering

The Lagos Command of the Economic and Financial Crimes Commission, EFCC, have re-arrested a suspected internet fraudster, Ismailia Mustapha, popularly known as Mompha, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime. The EFCC spokesman, Wilson Uwujaren, confirmed in a statement that Mompha was arrested on Monday, January 10, 2022.…

UBA’s Leo Clocks 4, Set to Further Transform Digital Banking in Nigeria, Africa

Africa’s global bank, United Bank for Africa has said that it has concluded plans to commemorate the 4th year anniversary of its flagship artificial intelligence Chabot, with new offerings set to further change the face of digital banking in Nigeria “Birthed January 11, 2018, with a firm resolve to prioritise its customers as well as…

Vehicle Road Worthiness Certificate Policy Not a Revenue Generation Drive – LASG

The Lagos State Government has debunked allegations that the newly introduced ‘no-vehicle inspection, no road-worthiness’ policy is an exercise targeted at generating money for the State Government. The Director, Vehicle Inspection Service (VIS), Engr. Akin-George Fashola, spoke on the issue during a radio programme, appealing to car owners in the State to come forward with…

Stanbic IBTC Insurance Covers Super Eagles as Nigeria Commences AFCON Battle

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has taken the bold step to ensure the Super Eagles of Nigeria wins the ongoing African football tournament, the African Cup of Nations (AFCON), in Cameroun. Late last year, Stanbic IBTC and the Nigerian Football Federation (NFF) announced a meaningful partnership that would see Stanbic…

Kaduna Govt. Directs Public Schools to migrate to 4-Day Working Week

The Kaduna State Government has directed all public schools in the state to migrate to the four-day working week, as schools reopen today for the second term of the 2021/2022 academic session. The Commissioner for Education, Halima Lawal, gave the directive in Kaduna on Sunday in a notice for school resumption for second term of…

Dangote Refinery Will Boost Growth of Downstream Sector in 2022 – CPPE

The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in 2022. Likewise, Financial Derivatives Company Limited, a financial institution, in its recent Economic Report for…

Black Soot: Wike Declares 19 Persons Wanted for Bunkering, Illegal Refineries’

Rivers State governor, Nyesom Ezenwo Wike, has declared nineteen (19) persons wanted for operating illegal crude oil refining sites responsible for the black soot pandemic in the State. The governor has also directed the Rivers State Head of Service to query one Mr. Temple Amakiri, a Director in the Ministry of Energy, for abetting bunkering…

Sanwo-Olu Meets Lagos Nurses’, Resolves Crisis

Governor Babajide Sanwo-Olu on Sunday evening held a closed-door meeting with members of the Nigerian Association of Nurses and Midwives, Lagos State Council at the State House, Marina. The meeting was called by the Governor to address the grievances of the nursing workforce in the State. The National Association of Nigeria Nurses and Midwives (NANNM),…

Nigeria Customs Generates Over N2 Trillion in 2021

The Nigeria Customs Service on Thursday said it generated the sum of N2,240,880,308,195.77 for the year 2021. The amount generated is over the target of N1,678,715,016,014.00 set for the year and over the sum of N1,562,115,419,216.32 generated in 2020 representing a 43.45% increase. In a press statement signed by the Service’ Public Relations Officer, Compt.…

Buhari Demands Transparency, Accountability from New NNPC Board

President Muhammadu Buhari Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency. Inaugurating the Board chaired by Senator Margery Chuba Okadigbo, the President charged them to…