Tuesday, October 22, 2024
Onyema: US Government Files Lawsuit Against Air Peace CEO Over Alleged Fraud

Onyema: US Government Files Lawsuit Against Air Peace CEO Over Alleged Fraud

The United States government has charged the founder and Chief Executive Officer, CEO of Air Peace, a Nigerian airline, Allen Onyema with obstruction of...
Dangote: Why the Nigerian Government Should Stop Crude-for-Loan Deals

Dangote: Why the Nigerian Government Should Stop Crude-for-Loan Deals

The President of Dangote Group, Aliko Dangote has urged the federal government to end all crude oil for loan deals. He disclosed on Wednesday at...
Otedola stakes N16bn additional investment in FBN Holdings

Otedola stakes N16bn additional investment in FBN Holdings

The Chairman of FBN Holdings, Femi Otedola, recently acquired a significant stake in the banking group. Otedola purchased 534,094,407 ordinary shares at N30.00 per...
Nigeria Banking Sector Loses $42.6 Billion to Fraud in Just Three Months

Nigeria Banking Sector Loses N42.6 Billion to Fraud in Just Three Months

Nigerian commercial banks have been hit hard, with a staggering N42.6 billion lost to fraud over just three months, according to a recent PulseNets...
Release Gambaryan, we want to settle — Binance begs Nigerian Govt

Release Gambaryan, We Want to Settle — Binance Begs Nigerian Govt

Binance Holdings Limited on Tuesday expressed readiness to “settle any alleged past issue” with the Nigerian Government. To this end, the cryptocurrency trading platform urged...
Dangote Refinery to Roll Out Petrol in 48 Hours

Dangote Refinery to Roll Out Petrol in 48 Hours

Aliko Dangote, the head of Dangote Refinery, has announced that petrol will be available at his facility within the next 48 hours, PulseNets has...
Naira free fall: Finance Minister, CBN governor, EFCC chairman meet, intensify action

Naira appreciates against dollar on Monday

The naira appreciated against the dollar at the foreign exchange market to start the week on a positive note. FMDQ data showed that the Nigerian...
US Court Awards $250 Million in Fraud Case Against Nigerian Entrepreneur Mmobuosi Odogwu Banke, Who Was Exonerated By Nigerian Police

Mmobuosi Odogwu Banke: US Court Awards $250 Million in Fraud Case Against Nigerian Entrepreneur,...

US Court Awards $250 Million in Fraud Case Against Nigerian Entrepreneur Mmobuosi Odogwu Banke The United States District Court for the Southern District of New...
Hackers seize GTBank website, intercept customers’ data in massive phishing operation

Hackers seize GTBank website, intercept customers’ data in massive phishing operation

Suspected cybercriminals appeared to have compromised the domain address of Nigeria’s banking giant GTBank. Checks by PulseNets showed Wednesday night that gtbank.com was no longer...
CAC to Delist Dangote Fisheries, 91,193 Others

CAC to Delist Dangote Fisheries, 91,193 Others

The Corporate Affairs Commission (CAC) has announced an imminent delisting of 91,194 companies from its register. Among these, Dangote Fisheries Company Ltd. stands out,...