More Nigerians opened bank accounts to join MMM, scheme violated SEC law on registration – Investigation
The suspended Ponzi scheme, MMM, promoted financial inclusion while it lasted, a Political Economist investigation has shown. Checks across the commercial banks showed that many people were compelled to open…
Diplomatic rows ahead as China seizes US underwater drone
A Chinese warship has seized an underwater drone deployed by a U.S. oceanographic vessel in the South China Sea, triggering a formal diplomatic protest and a demand for its return,…
INEC Chairman accuses PDP, APC of violence in Rivers rerun poll, says 70 cases recorded
The chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, said that the commission recorded at least, 70 incidences of obstruction of election electoral processes in Dec.10, re-run…
Super Eagles, Super Falcons to get N358m allowances, bonuses as CBN gets mandate
The Office of the Accountant General of the Federation has released the mandate to Central Bank of Nigeria for payment of naira equivalent of US$1,173,820.00 at N305/$ to Nigeria Football…
Emefiele heads international board for Shariah financial markets
Nigeria’s Central Bank of Nigeria (CBN), Governor, Mr. Godwin Emefiele, has been appointed Chairman of the Governing Board and Head of the General Assembly of the International Islamic Liquidity Management…
NJC recommends retirement, dismissal of two judges for corruption
The National Judicial Council (NJC) has directed that two corrupt judges: Ugbo Ononogbo and Nasir Gummi of the Abia State and Zamfara State High courts respectively should leave office via…