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Kenya to Extradite Binance Executive Who Escaped From Nigeria

Following his arrest, the Kenya Police Service is expediting moves to extradite fugitive Binance executive, Nadeem Anjarwalla, to Nigeria within the week, The PUNCH...

Adeduntan Resigns as First Bank CEO

The Managing Director of First Bank Nigeria Limited, Dr Adesola Adeduntan, has tendered his resignation. Adeduntan’s departure marks the end of his nine-year tenure, during...

Banks Groan Under N481.96bn Regulatory Costs

Regulatory induced costs have been a contentious issue among shareholders of banks who argue that a reduction in these mandatory levies will boost their...

US House Passes New Iran Oil Sanctions in Foreign Aid Package

The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the...

US House Passes $95 Billion in Aid to Ukraine, Israel and Taiwan

The US House passed $61 billion in fresh aid for Ukraine on Saturday, ending a six-month political impasse during which Kyiv’s stockpiles dwindled in...

FBN Holdings Cancels EGM For N300bn Capital Raise Plans

FBN Holdings a Tier one Nigerian lender has cancelled an Extraordinary General Meeting (EGM), scheduled to be held on Tuesday, April 30, 2024. The meeting...

Dangote Refinery Boosts Production With US Oil Imports

Nigeria’s new mega Dangote oil refinery is slowly grinding into gear, with the 650,000 barrel-a-day plant in Lagos is taking advantage of cheaper US...

FAAC Shares N1.1trn March 2024 Revenue To FG, States, LGCs

The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers...

Airstrike Hits Military Base South of Baghdad Used by Iran Backed Terror Organization

One person was killed and six wounded in an airstrike on a military base used by Iraq's Popular Mobilization Forces (PMF) to the south...

UBA America Strengthens Commercial Diplomacy, Hosts Diplomats, Business Leaders at World Bank Summit in Washington

UBA America, the United States subsidiary of United Bank for Africa (UBA) Plc hosted diplomats, government officials and business leaders to a networking reception...

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