Federal Government to Integrate Over 20% Unbanked Nigerians Into Banking System
The Federal Government has revealed plans to integrate over 20 per cent of unbanked Nigerians into the banking system. Vice President Kashim Shettima revealed this in Abuja yesterday at the beginning of a two-day National Stakeholders’ Workshop on Economic and Financial Inclusion. According to the vice president, at least, over 20 per cent of Nigerians […]
German Police arrests 11 Nigerians over scam
German police say they have arrested 11 suspected members of a Nigerian mafia group behind a large-scale dating scam. According to a Bavarian police statement today, the Black Axe gang, who all held Nigerian citizenship and aged between 29 and 53, was involved internationally in “multiple areas of criminal activity”, with a focus in Germany […]
Lagos Transport policy to be unveiled in May
Lagos governor, Babajide Sanwo-Olu, has said that the state Transport Policy will be unveiled next month. The governor who spoke yesterday at the annual roundtable and public launch of Global Transport Policy. The governor who was represented by the commissioner for transportation, Oluwaseun Osiyemi, said the policy will help drive the development of intermodal transportation […]
EFCC files fresh charges against Emefiele
The Economic and Financial Crimes Commission has filed fresh charges against former CBN Governor, Godwin Emefiele, at the Federal High Court in Abuja. Emefiele will be arraigned on a new four-count charge before Justice Maryann Anenih, and according to the charge sheets, Emefiele is accused of breaking the law with intent to harm the public […]
NCAA to suspend Dana Airlines fleet operation
Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has directed Nigeria Civil Aviation Authority (NCAA) to suspend Dana Airline’s fleet operations over safety concerns. Keyamo said that the ministry’s attention had been drawn to recent incidents of both safety and financial viability of the airline’s operations, and in light of these incidents the suspension […]
President Tinubu approves take-off of CCS
President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. According to a statement today by his media aide, Ajuri Ngelale, the initiative, in collaboration with financial institutions and cooperatives nationwide, serves as the lifeblood of modern economies, enabling citizens to […]
UEFA to confirm 26-man squads for Euro 2024
UEFA is set to confirm nations will have 26-man squads for this summer’s European Championship in Germany. A meeting of the European governing body’s national competitions committee voted in favour of the change, which is set to be ratified by the executive committee later this week. UEFA had planned to revert to 23-man squads after […]
Mass arrests made as protests over War in Gaza spread across US universities
Protests over the war in Gaza have taken hold in some prominent universities in the US, as security officials make prompt arrests to defuse the demonstrations. Police moved to break up an encampment at New York University (NYU) on Monday night, making a number of arrests; Dozens of students were arrested at Yale earlier in […]
EFCC Chairman to step down If Yahaya Bello is not Charged
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has made it clear that he is willing to step down from his position if the embattled former Governor of Kogi State, Yahaya Bello, is not prosecuted. Speaking to journalists at the EFCC Headquarters in Jabi, Abuja, Olukoyede affirmed his commitment to ensuring […]
Dangote Refinery further cuts down prices of diesel and aviation fuel
Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Its Head of Communication, Anthony Chiejina, said the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N980 is for […]
