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LAPO Microfinance Bank Rewards Customers with N5 Million in Xpress Savings Promo
LAPO Microfinance Bank has concluded its season two of the Xpress Savings Promo, with a total of 101 customers walking away with cash prizes totaling N5 million. The promo, which ran for three months, saw an impressive influx of deposits, … Continue Reading
Minister of Finance Attributes Rising Inflation to N22.7 Trillion Printing by CBN
The Minister of Finance, Olawale Edun, has attributed the current economic challenges facing Nigeria, including rising inflation and economic hardship, to the printing of N22.7 trillion by the Central Bank of Nigeria (CBN) under the government of former President … Continue Reading
Enugu Zonal Command of EFCC Secures Conviction of 27 Internet Fraudsters
The Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC) successfully prosecuted and secured the conviction of 27 individuals involved in internet fraud.
The verdict was pronounced by Justice Nnamdi Dimgba of the Federal High Court sitting in … Continue Reading
EFCC Arraigns Suspect for Alleged N67.08 Million Fraud
The Gombe Zonal Command of the Economic and Financial Crimes Commission (EFCC) brought Zakariyau Yahaya before Justice Benjamin Manji of High Court 9 of the Adamawa State High Court, Yola on Wednesday, March 6, 2024. Yahaya faced charges … Continue Reading
Tinubu Suspends REA MD and Executive Directors Over Alleged N1.2bn Fraud
President Bola Tinubu has taken decisive action against alleged financial misconduct within the Rural Electrification Agency (REA), suspending its Managing Director and three Executive Directors indefinitely.
The move comes after an investigation revealed suspected misappropriation of funds totaling N1.2 … Continue Reading
Tony Elumelu Advocates Privatization of Transmission Lines to Boost Electricity Supply
Nigerian business magnate and philanthropist, Tony Elumelu, has called on the federal government to privatize the transmission lines in a bid to enhance electricity supply and stimulate economic growth in the country. In an interview with Bloomberg on Wednesday, … Continue Reading
Governor Babajide Sanwo-Olu Launches “Produce for Lagos Initiative” with Niger State
Lagos State Governor, Babajide Sanwo-Olu, has initiated the “Produce for Lagos Initiative” in collaboration with Niger State.
The Memorandum of Understanding (MoU) was signed between Governor Sanwo-Olu and Governor Umar Bago of Niger State, marking a significant milestone … Continue Reading
Central Bank of Nigeria Issues Warning to Primary Mortgage Banks Regarding Regulatory Reporting
In a recent press release dated March 5, the Central Bank of Nigeria (CBN) has issued a stern warning to all primary mortgage banks (PMBs) in the country regarding the timely submission of regulatory returns.
The press release, signed by … Continue Reading
Governor Nasir Idris Swears in 21 Local Government Administrators in Kebbi State
Governor Nasir Idris of Kebbi State has inaugurated 21 local government administrators, charging them to prioritize grassroots engagement.
This action follows the dissolution of all elected chairmen and secretaries of the 21 local government areas (LGAs) last month, citing the … Continue Reading
[Video] Nigerian Movie Star, Femi Brainard Opens Up About Challenges of Relocating Abroad, Admits Regret in Candid Interview
Nollywood actor, Femi Brainard has said that he had to drive cabs in the US to make ends meet and that he regrets relocating abroad from Nigeria.
![[Video] Nigerian Movie Star, Femi Brainard Opens Up About Challenges of Relocating Abroad, Admits Regret in Candid Interview](https://reportafrique.com/wp-content/uploads/2024/03/femi1-1200x796-1-1024x679.webp "[Video] Nigerian Movie Star, Femi Brainard Opens Up About Challenges of Relocating Abroad, Admits Regret in Candid Interview")
Mr Brainard recently shared insights into his life abroad in an … Continue Reading