ECONOMIC and Financial Crimes Commission, EFCC,  has asked an Oyo State High Court to grant an interim order for the forfeiture of the property of the former Head of Service in Oyo State, Alhaja Adeleke yabo and 11 others...

The federal government yesterday conceded that a whopping N65.23 billion was lost to tax exemptions and waivers granted to some companies, ministries and state governments between 2012 and 2013. Information released by the Federal Ministry of Finance indicated that Shell...

The Nigeria Deposit Insurance Corporation (NDIC) has lamented the low level of turn out by depositors of failed banks to collect their insured deposits. NDIC Executive Director,  Operations Prince Aghatise Erediauwa, who revealed this yesterday, however attributed the situation to...

The Banker magazine, a publication of Financial Times of London, has named Zenith Bank Plc, the “Bank of the Year Nigeria 2013” at an award ceremony held at the Intercontinental Park Lane Hotel, London. The award ceremony, which was attended...

Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi spoke at the weekend of the qualities expected of his successor. Sanusi, due to step down as CBN boss in June, said whoever will be picked by President Goodluck Jonathan to...

The Debt Management Office, DMO, has put Nigeria’s debt as at September this year at $8.2 trillion which he said is 22 per cent of the total Gross Domestic Product, GDP. The Director General of the office, Dr. Abraham Nwankwo,...