The Economic and Financial Crimes Commission (EFCC) arraigned a 53-year-old woman, Olajumoke Oyawoye, on Monday for allegedly swindling 23 church members seeking employment. Oyawoye, a civil servant of Kwara State Ministry of Finance was reported to have defrauded her unsuspecting victims who are worshippers of the Christ Apostolic Church, Offa, …
Read More »Businesses face crunch, CBN raises rate to 15.5%
•It’s a panic measure, NACCIMA, others•Rate hike’ll worsen cost of capital – Economists•CBN eyes liquidity mop-up on Thursday In consideration of the galloping global and local inflationary levels, the Monetary Policy Committee of the Central Bank of Nigeria, on Tuesday, raised the benchmark interest rate from 14 to 15.5 per …
Read More »Ahmed Musa Undergoes Surgery
Super Eagles captain, Ahmed Musa has revealed he had surgery on his arm. Musa made this known in a post on his Instagram page. He thanked God for the successful surgery on his left arm and added that it was a minor surgery. ”I just want to express my heartfelt …
Read More »Sterling Bank Announces Name Change, Move to Cement Its Leadership Position in Key Sectors of the Economy
One of Nigeria’s leading commercial banks, Sterling Bank, has announced plans to change its name The move follows shareholders’ approval for the bank to operate a holding company that involves its pension fund, Islamic banking, others Sterling Bank 2020 received approval from CBN to restructure its business and become a …
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