GTBank’s Cyberstalking Case: GDJ Decries Incarceration of Four Journalists in Lagos, Hails Defence Team
The Guild of Digital Journalists (GDJ) has voiced strong opposition to the continued incarceration of four journalists in Lagos, South West of Nigeria, following allegations of cyberstalking by Segun Agbaje’s Guaranty Trust Holding Company (GTCO), the parent company of Guaranty…
GTBank Under Fire: House of Reps Launches Probe into Alleged Corruption, Money Laundering, and Fictitious Profit Reporting
In a significant development, the House of Representatives has initiated an investigation into Guaranty Trust Holding Company Plc (GTBank) and its Group Chief Executive Officer, Mr. Segun Agbaje, over serious allegations of corruption, money laundering, and fictitious profit reporting. The…
Unity Bank Projects N27B in Q4 Earnings, Targets N4B Profit
Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group. Although the projected gross earnings represent a marginal…
Data Protection Commission Slams N555.8m Fine on Fidelity Bank over Data Breach
The National Data Protection Commission (NDPC) has fined Fidelity Bank N555.8 million for violating the National Data Protection Act (NDP Act) and the Nigeria Data Protection Regulation (NDPR). According to NDPC’s National Commissioner, Vincent Olatunji, “Data protection compliance is important…
Court Grants EFCC Order to Freeze 1146 Suspicious Accounts
Justice Emeka Nwite of the Federal High Court Abuja, has granted the Economic and Financial Crimes Commission (EFCC) an interim order to freeze One Thousand, One Hundred and Forty Six (1,146) bank accounts belonging to individuals and companies being investigated…
Customs Area 1 PH Hits N43 Billion Revenue Generation in First Quarter of 2024
By Bon Peters The Nigeria Customs Service Area 1 Command Port Harcourt, Rivers state says the Command has generated and collected the sum of ₦43,625,986,168.40 in the First Quarter of 2024. The figure represented a 23.68 per cent of the…
N10 Trillion to Service Unproductive Debts: Peter Obi Cries Out, Says N97.3 Trillion Debt Worrisome
The main opposition voice and the Presidential candidate of the Labour Party in the 2023 general election, Peter Obi has screamed again at the nation’s rising debt profile saying that N97.3 trillion is on the high side and worrisome. According…
Delta Committed to Fiscal Discipline, Transparency, Accountability – Oborevwori
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Monday, reiterated his administration’s commitment to the highest standards of ethical conduct, fiscal discipline and judicious allocation of resources, transparency and accountability. Governor Oborevwori stated this at the Delta State Audit Forum held…
Tinubu Names Hafsat Bakari New Director/CEO Of NFIU
President Bola Tinubu has approved the appointment of Ms. Hafsat Abubakar Bakari to serve as the Director/Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), pending her confirmation by the Senate. A statement issued by a presidential Spokesperson,…
EFCC To Collaborate With ALGON To Train Council Officials On Anti-corruption, Transparency
In a bid to strengthen the fight against corruption in the country, the Economic And Financial Crimes Commission (EFCC) is to collaborate with the Association Of Local Governments of Nigeria (ALGON) in deepening transparency and accountability in the third tier…
Over 41,000 Households Benefited from N5.3bn NG-CARES Programme — BOI
The Bank of Industry (BOI) has disclosed that over 41,000 households and companies have benefited from the Bank’s N5.3 billion COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme disbursements in four years. Speaking on Thursday at NG-CARES Stakeholders Engagement Workshop…
