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FG gets $3.35bn IMF fund for 2022 budget

A reserve boost, ‘Special Drawing Right’ of $3.35 billion from the International Monetary Fund (IMF) will help the Federal Government fund next year’s spending shortfall, according to the Minister of Finance, Zainab Ahmed. The Federal…

FCMB mentioned in N48.5b customer’s account manipulation

First City Monumental Bank (FCMB) has been named among banks that remove N48.5 billion from customers’ accounts as charges for maintenance in six months. Account maintenance costs are levied on all customer-initiated debit transactions,…

Police drag GTBank to court over N260million fraud

The Police Special Fraud unit (PSFU), has dragged Guaranty Trust Bank (GTB) Plc and two others before a Federal High Court, Lagos, over alleged $667,000 USD, fraudulently lodged with the bank. Others joined with GTB Plc in a suit marked…

Osamgbi, 2 others appointed Directors at NIMASA

...295 staff promoted The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the appointment of a former spokesman of the agency, Mr. Isichei Osamgbi, and two others; Mr. Eric Oji and Mr.…

NIMASA disowns fake recruitment adverts circulating online

The Management of Nigeria Maritime Administration and Safety Agency (NIMASA) has warned against a certain fake website circulating false and misleading information about a non-existent recruitment exercise by the agency for 2021/22. The…

EFG Hermes Research named top frontier research house

EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), on announced Thursday that its Research Division has been named the top frontier research house and the second-best in the MENA region for the fourth…

Cedarwood births Luxury Maisonette in Ikoyi

PWAN PLUS, owners of Cedarwood Luxury brand of terraces and apartments, has extended its message of luxury for all at an affordable cost in Ikoyi, Nigeria's number one highbrow location. The cozy neighborhood goes aglow on Saturday, …