By Olumide David Investigation by Nigerian NewsDirect has revealed that banks have limited Automated Teller Machines (ATMs) cash withdrawal to N20,000. This is even as customers lamented over the limit. Findings show that Fidelity bank along Ota, Joju road was…
The Central Bank of Nigeria (CBN)has revealed that banks’ credits to the government rose by N3.77trillion in the first two months of 2023. It stated that the total government credit which ended December 2022 at N24.66trillion rose to N28.43trillion as…
Polaris Bank has continued to deepen its financial advocacy role of educating and inculcating in young Nigerians the culture of savings, investment and financial awareness during the 2023 Global Money Week (GMW) event. The week-long activity, which kicked off last…
By Sodiq Adelakun Three persons have been killed as cultists resume killings in Abeokuta, the Ogun State capital. It was gathered that the resumption of killings by the cultists was to mark the one-year remembrance of a popular area boy,…
Insurance Industry paid claims worth N318.2billion in the fourth quarter of 2022, representing a 31.2 per cent growth. According to Statistic Department Quarterly Report Of the Insurance Market Fourth Quarter, 2022 released by the regulatory body of the industry, National Insurance…
A 42-year-old man, Sunday Obasuyi, has been remanded by the Ekiti State magistrate court at the correctional facility in Ado-Ekiti, the State capital for selling his 82-year-old father, Michael Obasuyi to ritualists. The suspect was remanded alongside two other persons…
A Magistrates Court sitting in Minna, Niger State, has sentenced a 40-year-old man identified as Sani Muhammadu of Unguwan-Sarkin Ruwa Bangi area of Katcha in Katcha LGA to seven years imprisonment for raping a two-year-old girl. Fatima Kabir, the Magistrate,…
The new Comma ndant of Nigeria Security and Civil Defense Corps (NSCDC) in Abia State, Paul Igwebuike has described dealers in illegal petroleum business as saboteurs to the nation’s economy. Igwebuike, who stated this while parading six suspected oil thieves…
Some experts in the insurance industry have commended the consistent increase in gross income and settlement of claims by insurance companies. Some of the experts who spoke to journalists in Abuja during the week attributed the successes to improved policyholders’…
By Olumide David Mutual Benefits Assurance has appointed Alhaji Lateef Akande Bakare, Mrs. Wunmi Eniola-Jegede and Mr. Joseph Oladokun as Directors. This was made in a disclosure to the Nigerian Exchange Limited, shareholders and the publics. It was further stated by…
