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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…

Unity Bank Records N38.2 Billion Gross Earnings In Q3’23

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the…

Unity Bank Customers Win Over N.5m In Verve Card Promo

Unity Bank customers, Nmeregini Chukwuebuka and Sharif Yusuf Mohd have emerged as winners of 500,000 and 150,000 naira respectively in the ongoing Verve National Consumer Promo. Organized by payment processor, Verve Card Services Limited, the winners emerged in the August…

Unemployed Persons: NDE Kicks-off Youth Transformation Training Scheme in Oyo

Determined to combat the menace of unemployment in Nigeria, the National Directorate of Employment (NDE) has flagged-off the second phase of the Youth Transformation Training Scheme (YTTS) in Technical and Vocational Skills for 25 unemployed persons in Ibadan, Oyo State….

Court Sends First Bank Staff, Eight Internet Fraudsters to Prison

Andrew Nwadiashi a 40-year-old banker and eight internet fraudsters were on Friday, August 4, 2023, convicted and sentenced to prison by Justice M. Itsueli of the Edo State High Court sitting in Benin City. The others are Osawa Marvellous, Etinosa…

Hacked UBA Customers’ Accounts: Police Nabs Suspects, Reveals Their Modus Operandi

Determined to get to the roots of successful hacking of customers’ accounts and the stealing of their hard earned money, the United Bank for Africa (UBA) has taken steps that have led to the arrest of suspected members of internet…

Unity Bank Grows Gross Earnings to N57bn in 2022FY, Builds Momentum as Profit Grows By 21% in Q1/2023

Nigeria’s retail lender, Unity Bank Plc, has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding…

Naira Devaluation Report Fake News – CBN

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has denied report that the naira has been devalued contrary to a news report on June 1, 2023, titled “CBN Devalues Naira To 630/$1”. The Street Reporters Newspaper reports that the…