By Seun Ibiyemi The federal government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) begin collecting charges, fees, fines and others in Naira rather than in foreign currencies. The Special Adviser…
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors with above N5million in the defunct Heritage Bank of reimbursement through the liquidation of the Bank’s dividends. NDIC’s Managing Director and Chief Executive Officer, Mr. Bello Hassan made this known during…
The latest report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed a 14 percent decline in petrol importation for 2023. A total of 20.28 billion litres of premium motor spirit (PMS) were imported this year, down from 23.54…
Mrs. Felicia Adewetan, a 70-year-old resident of Ondo State, has expressed fears for her safety amid threats from security operatives regarding her daughter’s alleged involvement in a same-sex relationship. Speaking to a group of women from her Igbon Okuta community…
…Floodwaters destroy homes, farmland, critical infrastructure Niger State has been plunged into a state of emergency as devastating floods have led to the death of 11 individuals and displaced over 41,192 residents across various communities. The toll comes on the…
Olusegun Alebiosu, CEO of FirstBank has underscored the importance of financial inclusion in tackling poverty on the African continent. Speaking in an exclusive interview with Arise TV on the sidelines of the 79th United Nations General Assembly in New York,…
In a decisive action against corruption, the Civil Defence, Correctional, Fire, and Immigration Services Board has suspended four senior officers of the Nigerian Correctional Service (NCoS) due to allegations of misconduct. This includes two officers linked to a viral video…
Former President Dr. Goodluck Jonathan and Emir of Kano Muhammad Sanusi II publicly clashed on Thursday regarding Sanusi’s removal as Governor of the Central Bank of Nigeria (CBN) during Jonathan’s presidency. Jonathan refuted claims that $49.8 billion went missing from…
The Federal Government has secured a $600,000 relief fund from the Bill and Melinda Gates Foundation to accelerate aid efforts for victims of the recent devastating floods, alongside reforms in the health and agricultural sectors. The Foundation’s pledge includes the…
Afrinvest (West Africa) Limited (“Afrinvest”), through its wholly owned subsidiary, Afrinvest Asset Management Limited, a fund manager licensed by the Securities and Exchange Commission (SEC), has announced a strategic integration with Western Union, a global leader in money transfer services.…
