The Nigerian Correctional Service (NCoS) has said that the former Deputy Commissioner of Police, Abba Kyari, was safe in custody as there was no threat to his life. The Service Public Relations Officer (SPRO) Mr Francis Enobore said this in a statement on Thursday in Abuja. Enobore said that it was necessary to address the issue following a publication by ... Read More »

Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers.We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports.Recently, we embarked on a massive activation campaign in the month and wish to state ... Read More »

Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, today held its 34th Annual General Meeting (AGM) in Abidjan, Côte d’ Ivoire. Alain Nkontchou, Chairman Ecobank Group said: “2021 was a transformational year for the Group and the Board is pleased to be rewarding shareholders with a dividend ... Read More »

Frmer Governor of Anambra State, Peter Obi, has explained that “recent developments” within the Peoples Democratic Party were responsible for his resignation from the opposition party and withdrawal from its presidential primary slated for end of May. Obi was one of the 15 PDP presidential aspirants cleared by the Senator David Mark-led Presidential Screening Committee last month. However, the ex-governor, ... Read More »

.… Efcc Justifies arrest of ex-governor After nearly four hours of confrontation, operatives of the Economic and Financial Crimes Commission on Tuesday overpowered former Imo State Governor, Rochas Okorocha and took him into detention. The faceoff arose following what the anti-graft agency described as the former governor’s refusal to show up after being admitted to administrative bail, a development that ... Read More »

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversations was established in May 2019 as a hallmark initiative in ... Read More »

The erudite banker-turned politician, on Monday emerged as the Peoples Democratic Party (PDP) candidate for Kogi East Senatorial District for the 2023 general election. Adoji polled 117 to defeat Engr. Aminu Suleiman, Elder Ubolo Okpanachi and Isaac Alfa, a former Chief of Air Staff and senator, and who scored 54, 43 and 20 respectively. This is good news from Kogi ... Read More »

Weeks after Accountant General of the Federation, Ahmed Idris was suspended for allegedly embezzling N80billion and President Muhammadu Buhari appointed Anamekwe Nwabuoku as Acting AGF, news filtered out that Nwabuoku is under probe for corruption. Nwabuoku who was newly appointed to overseer of the Office of the Accountant General of the Federation (OAGF), reportedly has a heavy corruption dossier and ... Read More »

Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment is the elimination of routine flaring from HHOGs OML 17 by 2025, in compliance with the Nigerian Government’s routine Flare Reduction/Elimination goal ... Read More »

Nigeria’s telecommunication giant, MTN Nigeria is now worth N5 trillion making it more valuable than all banks, insurance companies, and the entire financial services companies listed on the Nigerian Stock Exchange combined. This is according to market valuation data as of May 20th, 2022, tracked and compiled by Nairametrics from the Nigerian Exchange. As of Friday, MTN Nigeria closed with ... Read More »