Tag Archives Finance

Nigeria’s Impending Debt Default: A looming African Disaster
Nigeria’s Impending Debt Default: A loom...

Nigeria’s Impending Debt Default: A looming African Disaster

In 2018, a BusinessDay editorial sounded the alarm about the prodigious growth of Nigeria’s debt profile at a time when government revenues were either flat or shrinking. In a response very typical of the present administration, the Debt Management Office fired off a dismissive rejoinder... read more »

Nigeria: EFCC Arrests Youth Corps member, NAU Graduate for Internet Fraud
Nigeria: EFCC Arrests Youth Corps member...

Nigeria: EFCC Arrests Youth Corps member, NAU Graduate for Internet Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has arrested the duo of Ademola Babajide Adeniyi, a serving youth corps member, and Onabuke Adedokun Kenny, a graduate of the North American University, for alleged Internet fraud. The suspects were arrested on July 30, 2019... read more »

Nigeria: EFCC Arrests Man for Alleged N150m Money Laundering
Nigeria: EFCC Arrests Man for Alleged N1...

Nigeria: EFCC Arrests Man for Alleged N150m Money Laundering

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has arrested one Nelson Emuobosa Omo-Ode, for alleged money laundering. Omo-Ode, a 32, Business Administration graduate of the Kuala Lumpur Metropolitan College, Malaysia, was arrested on July 18, 2019 at his residence at The... read more »

Development: Reps Member Harps on Payment of Tax
Development: Reps Member Harps on Paymen...

Development: Reps Member Harps on Payment of Tax

A member, House of Representatives, Hon. Jide Jimoh on Wednesday called on the corporate organizations, business groups and Nigerians to pay tax for the development of the Local governments in the country. Jimoh, representing Lagos Mainland Federal Constituency made the call in Lagos during Yaba... read more »

We are Looking at the Possibility of Starting the Kwara Version of Trader-Moni - AbdulRazaq
We are Looking at the Possibility of Sta...

We are Looking at the Possibility of Starting the Kwara Version of Trader-M...

The Kwara State Governor AbdulRahman AbdulRazaq has affirmed his position to understudy the TraderMoni programme of the Federal Government to extend soft loans to traders in Kwara version to reduce mass poverty. This contained in a statement by his spokesman, Rafiu Ajakaye while the... read more »

Nigeria: Pension Fund Administrators Exploiting Pensioners

Nigeria: Pension Fund Administrators Exploiting Pensioners

Nigerian workers have been faced with different challenges over the years. All of these challenges hinge around government’s insensitivity to their plight. We have heard stories of... read more »

Nigeria: Return Our Stolen Asset, Not Give Doomsday Prophecy On 2019 - Presidency to HSBC

Nigeria: Return Our Stolen Asset, Not Give Doomsday Prophecy On 2019 – Presidency to...

PRESIDENCY WANTS HSBC TO RETURN OUR STOLEN ASSETS, NOT GIVE US DOOMSDAY PROPHECY ON 2019 The Presidency wishes to make clear to all Nigerians, and particularly the global banking giant HSBC... read more »