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Court Orders Final Forfeiture of $4.7M, ₦830M, and Properties Linked to Emefiele
A photo combination of Godwin Emefiele and a court gavel The Federal High Court in Lagos has ordered the permanent forfeiture of $4.7 million, ₦830 million, and multiple properties linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Yellim Bogoro in a judgment...
WEMA AT 80: 80 Winner’s To Emerge In 80th Daily Draw Off the WEMA BANK 5 For 5 Promo Season 4
As part of its 80th anniversary celebration, Wema Bank, Nigeria’s leading innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, will reward 80 customers with cash prizes in the 80th daily draw of the Wema Bank 5 for 5 Promo Season 4. The virtual draw is scheduled...
Tax Evasion: FG Sues Binance for $81 Billion in Economic Losses
The Federal Government is seeking $81 billon as compensation from cryptocurrency company, Binance Holdings Limited over alleged economic losses linked to its operations in Nigeria. The Federal Government claimed that Binance deliberately operated in secrecy despite having a significant economic presence in Nigeria. The Federal Government is also alleging...
Nigeria’s Inflation Rate Drops from 34.8% to 24.48% After Rebasement
A vendor counts her money as a girl looks on at the Lokoja International Market in Lokoja on October 21, 2024. (Photo by OLYMPIA DE MAISMONT / AFP) Nigeria’s headline inflation has dropped to 24.48% year on year in January 2025. This is a sharp decline from the 34.80%...
JUST IN: Nigeria’s Inflation Rate Falls to 24.48% Amid Economic Adjustments
Sellers look for customers while selling clothes at the Balogun Market in Lagos on December 18, 2023. (Photo by Benson Ibeabuchi / AFP) Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline...
