CBN Orders Banks to Publish Details of Dormant Accounts and Unclaimed Balances

The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets on their official websites. This move is part of efforts to enhance transparency in the financial

by News Editor

February 19, 2025

News

US Investigates Aid Distribution in Nigeria Amid Allegations of Boko Haram Funding

The United States government has reaffirmed its commitment to stringent monitoring and evaluation mechanisms to ensure that humanitarian aid reaches its intended beneficiaries in Nigeria. This statement comes amid allegations that American taxpayer funds have inadvertently supported Boko Haram and other terrorist

by News Editor

February 19, 2025

News

Kano High Court Stops CBN From Withholding LG Funds

A high court in Kano State has issued a permanent order restraining the Central Bank of Nigeria (CBN) from withholding funds allocated to the 44 local government areas (LGAs) of the state. The ruling, delivered by Justice Ibrahim Musa-Muhammad, came after an

by News Editor

February 18, 2025

News

Court Dismisses Interim Administrators Request for Herbert Wigwe Estate

Justice A.O. Adeyemi of the Lagos State High Court Family/Probate Court in Ikeja, has dismissed the application filed by Christian Wigwe and Pastor Shyngle Wigwe, seeking the appointment of interim administrators in the estate of the late former Group Managing Director and

by News Editor

February 18, 2025

News

UBA Donates $500,000 to AU Peace Fund to Boost Peace, Stability Across Africa

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has shown its dedication to promoting peace and stability across the continent by making a significant donation of $500,000 to the African Union (AU) Peace Fund. This donation by the UBA Group supports

by News Editor

February 18, 2025

News

Senate Corrects Errors In 2025 Appropriations Bill, Recommits For Reconsideration

The Senate has identified and corrected errors in the 2025 Appropriations Bill, which was passed by both the Senate and the House of Representatives last Thursday. The Senate has identified and corrected errors in the 2025 Appropriations Bill, which was passed by

by News Editor

February 18, 2025

Economy·News

Nigerian Breweries Plc Crosses the Trillion Naira Revenue Mark in FY 2024, Returns to Profitability

Nigerian Breweries Plc has released its audited Group Financial Statements for the financial year 2024, recording an unprecedented and impressive revenue of N1.10trn. This represents a massive 81% increase on the N599.6bn recorded in the corresponding period in 2023. A further breakdown

by News Editor

February 18, 2025

News

Tinubu, Oborevwori Mourn PANDEF’s Edwin Clark

President Bola Tinubu has led the tributes for late elder statesman Edwin Clark who died at 97. Clark’s death was announced in a statement by his family on Tuesday. Since then, tributes have poured in from top leaders in the country. President

by News Editor

February 18, 2025

Economy·News

Cardoso Urges Stronger Economic Ties With Middle East

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in the region. Speaking during a meeting with Talal Al-Humond, the Assistant Governor for Monetary Affairs, Saudi

by News Editor

February 18, 2025

Economy·News

Just In: Nigeria’s Inflation Rate Drops To 24.48%

Nigeria’s headline inflation has dropped to 24.48% year on year in January 2025. This is a sharp decline from the 34.80% headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation

by News Editor

February 18, 2025

News

LG Crisis: Six Killed In Osun, Police Condemn Violence

Six people have been killed in Osun State in a crisis triggered by a contentious Court of Appeal ruling allegedly reinstating All Progressives Congress (APC)-elected local government chairmen and councillors. The Osun State Police Command confirmed the death toll to journalists on

by News Editor

February 18, 2025

News·Politics

2027 Presidential Ticket Not Zoned To South-East, Says LP

The Labour Party (LP) has denied zoning its 2027 presidential ticket to the South-East. LP in a statement by its National Publicity Secretary, Obiora Ifoh, said the comments credited to the party’s National Chairman, Julius Abure, were taken out of context. “Labour

by News Editor

February 18, 2025

News

Rivers Assembly Crisis Child’s Play To Lagos Speakership Tussle – APC’s Oki

An All Progressives Congress (APC) chieftain, Fouad Oki, has warned that the speakership tussle rocking the Lagos State House of Assembly is assuming a dangerously monstrous dimension that will be a mother of all state legislative crisis in Nigeria if not quickly

by News Editor

February 18, 2025

News

Akpabio Mourns Loss of a National Icon: Pa Edwin Clark’s Indelible Legacy

Senator Godswill Akpabio, the President of the Senate, commiserate with the family of Pa Edwin Clark: The Passing of a Pillar, The Loss of a Nation’s Conscience With the passing of Pa Edwin Clark, an era draws to a solemn close. Today,

by News Editor

February 18, 2025

News

BREAKING: PANDEF Leader Edwin Clark Is Dead

Renowned Nigerian statesman and leader of the Pan Niger Delta Forum (PANDEF), Chief Edwin Kiagbodo Clark, has passed away at the age of 97. Clark’s demise was announced in a statement signed by Prof. C. C. Clark for the family and Mr.

by News Editor

February 18, 2025

News Editor

CBN Orders Banks to Publish Details of Dormant Accounts and Unclaimed Balances

US Investigates Aid Distribution in Nigeria Amid Allegations of Boko Haram Funding

Kano High Court Stops CBN From Withholding LG Funds

Court Dismisses Interim Administrators Request for Herbert Wigwe Estate

UBA Donates $500,000 to AU Peace Fund to Boost Peace, Stability Across Africa

Senate Corrects Errors In 2025 Appropriations Bill, Recommits For Reconsideration

Nigerian Breweries Plc Crosses the Trillion Naira Revenue Mark in FY 2024, Returns to Profitability

Tinubu, Oborevwori Mourn PANDEF’s Edwin Clark

Cardoso Urges Stronger Economic Ties With Middle East

Just In: Nigeria’s Inflation Rate Drops To 24.48%

LG Crisis: Six Killed In Osun, Police Condemn Violence

2027 Presidential Ticket Not Zoned To South-East, Says LP

Rivers Assembly Crisis Child’s Play To Lagos Speakership Tussle – APC’s Oki

Akpabio Mourns Loss of a National Icon: Pa Edwin Clark’s Indelible Legacy

BREAKING: PANDEF Leader Edwin Clark Is Dead

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