12 Sep

The spokesperson of the Atiku Abubakar presidential campaign during the 2023 election, Daniel Bwala, has countered the Federal Government (FG) over Nigeria’s deals with India and the United Arab Emirates (UAE). President Bola Ahmed Tinubu’s spokesperson, Ajuri Ngelale, in a statement, said the president has secured landmark deals with the UAE while the visa ban…

12 Sep

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to stop utilising gains from their foreign exchange revaluation for dividends and operational expenditures. The new directive is contained in a letter signed by the CBN Director, Banking Division Department, Haruna Mustafa, on Monday. FX revaluation gains refer to the increase in the…

13 Sep

Nigerians may be close to witnessing the unveiling of the biggest financial fraud in the history of the country in the coming months as the team of special investigators set up to probe the Central Bank of Nigeria…