News and Report

Court Seizes $4.7m, N830m, Other Properties Recovered From Emefiele

The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several…

EFCC indicts Sirika, brother in new N19bn fraud

The Economic and Financial Crimes Commission has charged former Minister of Aviation, Hadi Sirika, his brother, Ahmad Sirika; and his…

Nigerian Bank chiefs obtain N549bn insider loans in five years

Directors and key management personnel of Deposit Money Banks borrowed about N549bn from their financial institutions in five years. This…

Court Orders Arrest of Ex-Naval Chief, Usman Jibrin Over Alleged N1.5billion Money Laundering Charges

  Justice Inyang Ekwo of the Federal High Court, Abuja, has ordered the arrest of a former Chief of Naval…

Analysts place “buy” on Fidelity Bank

Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns…

FG plans fresh audit of N2.7tn subsidy debt

The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National…