Cbn Empowers Nigerian Banks With Dominant Upward Review Of N500Bn, N200Bn Minimum Capital Requirements, Solidifying Financial Stability

CBN: Investigation Unveils $2.4 Billion Unauthorized Foreign Exchange Transactions

Central Bank of Nigeria (CBN) have requested Law enforcement agencies to launch a comprehensive investigation into unauthorized foreign exchange transactions worth a staggering $2.4 billion, as revealed by Cardoso, following the media update that ensued the 294th meeting of the Monetary Policy Committee (MPC) in Abuja on Tuesday. This revelation has sent shockwaves through the…

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Nollywood Legend Amaechi Muonagor Succumbs To Devastating Kidney Failure At Age 62

Nollywood Legend Amaechi Muonagor Succumbs to Devastating Kidney Failure at Age 62

Amaechi Muonagor, a distinguished figure in Nigeria’s Nollywood industry, has succumbed to illness at the age of 62. His passing marks the end of a courageous battle against kidney failure, a condition that significantly impacted his health and career in recent years. Despite his fame and talent, Muonagor’s struggle with illness became increasingly public, particularly…

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Kaduna State Governor Uba Sani Announces Safe Release Of Kidnapped Kuriga School Children

Kaduna State Governor Uba Sani Announces Safe Release of Kidnapped Kuriga School Children

Kaduna State Governor Sen. Uba Sani, has officially declared the safe release of over 200 Kuriga school children who were kidnapped in a heartfelt announcement. Governor Sani expressed his gratitude to key figures involved in the successful operation, notably President Bola Ahmed Tinubu, GCFR, for prioritizing the safety and security of Nigerians. He highlighted President…

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Governor Uba Sani Leads Kaduna'S Security Reinforcement, 200 Specialized Officers And 2 Armored Personnel Carriers Signal Decisive Action Against Crime

Governor Uba Sani Leads Kaduna’s Security Reinforcement, 200 Specialized Officers and 2 Armored Personnel Carriers Signal Decisive Action Against Crime

Governor Uba Sani’s embrace of two Armored Personnel Carriers (APCs) and 200 specialized officers from the Nigeria Police Force (NPF) signals a decisive stance against the mounting threats of terrorism, banditry, and kidnapping in Kaduna State. With security concerns escalating, the deployment underscores a proactive approach to addressing the region’s pressing challenges. By welcoming these…

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Aliko Dangote'S Generous Gesture: N15 Billion Allocated For Nationwide Relief Efforts

Aliko Dangote’s Generous Gesture: N15 Billion Allocated for Nationwide Relief Efforts

In a noble gesture aimed at alleviating the plight of vulnerable individuals across Nigeria, Aliko Dangote, Africa’s wealthiest man, has announced the allocation of N15 billion for food supplies to all 774 Local Government Areas (LGAs) in the country. The philanthropic initiative, unveiled during an event held at the Kano State Government House, entails the…

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Federal Government Threatens To Terminate Julius Berger'S Contract Over N740 Billion Highway Disagreement

President Tinubu’s Vision for Economic Growth

In a recent town hall meeting with the business community at the Bristol Hotel in Kano, the Minister of Information and National Orientation, Mohammed Idris, shed light on President Tinubu’s vision for fostering a conducive environment for businesses to flourish. With an emphasis on streamlining regulations, providing investment incentives, ensuring robust infrastructure, and enacting policies…

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Efcc Successfully Prosecutes Internet Fraudster, Secures Conviction In Lagos Court

EFCC Successfully Prosecutes Internet Fraudster, Secures Conviction in Lagos Court

The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) achieved a significant legal victory on Thursday, March 21, 2024, as they secured the conviction and sentencing of Ndifreke Okon. The verdict was pronounced by Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos. Okon faced a one-count charge related to…

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Efcc Chairman, Mr Ola Olukoyede Calls For Collaborative Action Against Corruption

EFCC Chairman, Mr Ola Olukoyede Calls for Collaborative Action Against Corruption

Mr Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has emphasized the need for systemic changes to combat corruption effectively. Speaking during a courtesy visit by senior officials of the Katsina State Government, led by Governor Dikko Umaru Radda, Mr Ola Olukoyede highlighted the intrinsic integrity of Nigerians, stating that…

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In Katsina State Security Forces Collaborate To Rescue Kidnapped Victims

In katsina state Security Forces Collaborate to Rescue Kidnapped Victims

In a commendable display of collaboration and swift action, the Katsina State Police Command, in conjunction with military personnel and members of the Community Watch Corps (CWC), successfully rescued 14 individuals who were abducted from the Katsina State Transport Authority (KSTA). The daring rescue operation came in response to a distress call after armed bandits…

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