Headline

The apex bank announced on Tuesday that terrorism financing has now been elevated to a current supervisory priority, underscoring its determination to strengthen compliance with anti-money laundering and counter-terrorism financing regulations across the financial sector.

The Court of Appeal in Abuja has affirmed the conviction and 490-year prison sentence handed down to former Managing Director of the Nigeria Export-Import Bank (NEXIM), Robert Orya, over a ₦2.4 billion fraud.

Investors have started selling existing shares to make room for Africa’s biggest IPO, raising an important question for Nigeria’s capital market about how much money the Dangote deal can pull out of everything else.

Guterres issued the warning in New York while opening the 81st session of the United Nations General Assembly, where he called on member states to urgently restore faith in multilateral cooperation and international institutions.

The Ministry announced the development on Tuesday, describing the reform as a major step in the Federal Government's digital transformation agenda and part of efforts to modernise education governance.

Onwubuariri, an astute journalist passed on after a month of treatment at the Kano Cancer Hospital under the state government treatment authorization.

Tension rose in Benue State on Tuesday after suspected thugs allegedly attacked the convoy of the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, forcing his campaign team to retreat from an entry route into the state.

Nigeria’s corporate growth story is increasingly moving beyond the traditional strategy of expanding sales in the domestic market.

System liquidity increased from ₦3.6 trillion in the previous week, supported largely by banks’ placements at the Central Bank of Nigeria’s Standing Deposit Facility and inflows from maturing securities.

The annual loss is equivalent to about 0.5 percent of global GDP, while every $1 invested in tackling both problems together could generate around $15 in economic benefits, the report found.