The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ola Olukoyede has disclosed that he made personal efforts to invite a former governor of Kogi State, Mr. Yahaya Adoza Bello to respond to investigations regarding his alleged involvement in money laundering to the tune of N80.2bn. Olukoyede stated this in Abuja on Tuesday, [...] The post Alleged N80bn Fraud: I Made Personal Efforts To Invite Yahaya Bello- EFCC Boss first appeared on Business Today NG.

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ola Olukoyede has disclosed that he made personal efforts to invite a former governor of Kogi State, Mr. Yahaya Adoza Bello to respond to investigations regarding his alleged involvement in money laundering to the tune of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty-Six Million, [...] The post How Yahaya Bello Declined EFCC’s Invitation For Interrogation – Olukoyede first appeared on Business Today NG.

 Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against him by the Economic and Financial Crimes Commission (EFCC). Justice Ayokunle Faji acquitted and discharged the former NIMASA boss on Monday while ruling on a no-case submission [...] The post Alleged ₦8.5b Fraud: Court Frees Ex- NIMASA Boss first appeared on Business Today NG.

We are relieved to confirm that all 83 passengers and crew onboard the flight disembarked safely without injuries or scare as the crew handled the situation with utmost professionalism.We have also updated the AIB and NCAA on the incident and the aircraft involved has been grounded by our maintenance team for further investigation.We wish to [...] The post Dana Air Reacts As Plane Skids Off Runway first appeared on Business Today NG.

April 22, 2024/NGX Notice Of The Court Ordered Meeting Published on Friday, 19 April 2024. Flour Mills of Nigeria Plc wishes to notify the holders of the fully paid-up ordinary shares to consider and, if thought fit, approve (with or without modification) a Scheme of Arrangement proposed to be entered into between Flour Mills and [...] The post Flour Mills of Nigeria to Hold Court-Ordered Meeting on May 15, 2024 first appeared on Business Today NG.

The African Export-Import Bank (Afreximbank) swept the stage at the recently concluded Bonds, Loans and ESG Capital Markets Africa Awards 2024 ceremony, taking home six of the awards handed out at the event held in South Africa. Delivered on the sidelines of the conference on 6 March, the awards recognised Afreximbank’s outstanding achievements in financing, [...] The post Afreximbank Dominates Bonds, Loans & ESG Capital Markets Awards 2024 first appeared on Business Today NG.

The Nigerian Electricity Regulatory Commission (NERC) , on Tuesday said it has transferred regulatory oversight of the Enugu electricity market to the State Electricity Regulatory Commission. According to statement posted on its official website, that the transfer was in compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act [...] The post NERC Hands Over Regulatory Oversight Of Enugu Electricity To State Govt first appeared on Business Today NG.

UN Secretary General Antonio Guterres on Monday emphasised the need for a “strengthened and updated” United Nations to better reach and support people around the world. Guterres made the call at the opening of the UN 2.0 week, which showcases series of virtual events, including panel discussions and best practice-sharing dialogues. No fewer than over [...] The post UN Secretary-General Calls For “UN 2.0” To Tackle 21st-Century Challenges first appeared on Business Today NG.

The U.S. administration will “quickly provide” arms to meet Ukraine’s urgent military needs, President Joe Biden assured Ukrainian President Volodymyr Zelensky in a phone call. The new 61 billion U.S. dollars security package, which includes air defence weapons, will start being distributed once the U. S. Senate passes the legislation and Biden has signed it [...] The post U.S. Pledges Rapid Support To Ukraine Once Senate Passes Funding first appeared on Business Today NG.

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five million litres and [...] The post Again, Dangote Crashes Diesel, And Aviation Fuel Prices Further To N940, N980 first appeared on Business Today NG.

From left: Vice Chairman, Air Peace, Mrs Alice Onyema; Chairman, Air Peace, Dr Allen Onyema; MD, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe; and MD, Graviti Hill Ltd, Dr Ken Onyeali-Ikpe at a special event on Sunday, April 21, 2024, organised by the bank to celebrate Air Peace’s milestone of commencing flight operations into London. Fidelity [...] The post Fidelity Bank Celebrates Air Peace’s Milestones first appeared on Business Today NG.

Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted production from the Awoba field which last contributed production to the [...] The post NNPC Ltd, Partner Unlock 12,000bpd Production From Awoba Unit Field  first appeared on Business Today NG.

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Operatives of the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC,  on Saturday,April 21, 2024 arrested six  suspected internet fraudsters in Kaduna State. The alleged fraudsters were arrested at Bafra Hotel,  Alkali Road, Kaduna,  following actionable intelligence about their suspected involvement in internet-related offences.    Items recovered from them include six mobile [...] The post EFCC Arrests Six Suspected Internet Fraudsters In Kaduna first appeared on Business Today NG.

Against the backdrop of arguments and counter-arguments on whether the Economic and Financial Crimes Commission, EFCC,  has disobeyed a court order concerning the botched arrest of former governor of Kogi State,  Mr.  Yahaya Adoza Bello, the Commission has denied disobeying any court order in this regard.  In a Press Statement signed by the EFCC’s Acting [...] The post EFCC  Denies Disobeying Court Order On Yahaye Bello first appeared on Business Today NG.

The All Progressives Congress (APC), Kano State chapter, has urged the public to ignore the purported suspension of the national chairman of the party, Dr Abdullahi Ganduje. The secretary of the party in the state, Alhaji Zakari Sarina, told the News Agency of Nigeria (NAN) on Monday in Kano that the supposed suspension of Ganduje [...] The post Kano APC Dismisses Ganduje’s Purported Suspension first appeared on Business Today NG.

L-R: Publisher/Editor-In-Chief, Energy Times, Mr. Kayode Ekundayo; Manager Corporate Communication, Seplat Energy Plc, Stanley Opara; Commissioner for Mining & Energy, Edo State, Hon. Enaholo Ojiefoh; General Manager, Partner Relations, Seplat Energy, Grace Amadi; and Branding & PR Manager, Ahmed Audu, at the Energy Times Award ceremony, where Seplat Energy emerged as the Corporate Governance Company of the Year, [...] The post Seplat Energy Emerges Energy Times’ Corporate Governance Company Of The Year first appeared on Business Today NG.

L-R: Biola Adekoya, Head, Voice Branch, Stanbic IBTC Bank; Elizabeth Akoji and Olufunke Ogunkola, both representatives of Advertising Regulatory Council of Nigeria (ARCON); Layo Ilori-Olaogun, Head, Affluent Clients, Stanbic IBTC Bank and Taiwo Afolayan, Head, Personal and Private Banking Control, Stanbic IBTC Bank during the Reward4Saving Promo Season Three March draw at Stanbic IBTC Towers, [...] The post Stanbic IBTC Bank Rewards 70 More Customers With ₦100,000 Each in Reward4Saving 3.0 March Draw first appeared on Business Today NG.

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A man who attempted to shoot someone in retaliation over a £3.50 drugs debt has been jailed. Marcus Adepoju, 31 from Edmonton was jailed for 28 years at Woolwich crown court Adepoju pleaded guilty to three counts of possession of a firearm, money laundering, possession with intent to supply class A drugs and possession of [...] The post British-Nigerian Man Jailed 28 Years After Shooting Man Over £3.50 Drug Debt first appeared on Business Today NG.

Over two months after they were declared wanted, operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested three members of an organized criminal organization which specializes in illicit drug trafficking across Nigeria, South Africa, Mozambique, Europe and America following the recent seizure of the single largest consignment of heroin at the Murtala Muhammed [...] The post 51.90kg Heroin: NDLEA Nets Three Wanted Kingpins, Intercepts Oman-bound Drug Consignment first appeared on Business Today NG.

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, The post President Tinubu Appoints Emomotimi Agama As New SEC DG first appeared on Business Today NG.

President Bola Tinubu has approved the appointment of the following qualified Nigerians to the Board of the National Insurance Commission (NAICOM): (1) Ms. Halima Kyari — Chairperson (2) Mr. Olusegun Ayo Omosehin — Commissioner for Insurance (3) Mr. Olawoye Gam-Ikon — Deputy Commissioner (Technical Operations) (4) Dr. Usman Ankara Jimada — Deputy Commissioner (Finance & [...] The post President Tinubu Appoints Olusegun Omosehin As New Commissioner For Insurance first appeared on Business Today NG.

From right: Managing Director/CEO , Unitrust Insurance Company Limited, Adedayo Arowojolu receiving the certificate from the Founder/ CEO, Digital Jewel Africa, Adedoyin Odunfa, during the presentation held today in Lagos. BY NKECHI NAECHE-ESEZOBOR–Nigeria’s lead underwriter, Unitrust Insurance Company Limited, has become first insurance firm in Nigeria to achieve International Standard Organization ISO/ IEC 27001:2022 in [...] The post Unitrust Insurance Becomes First Insurer To Achieve ISO/IEC 27001:2022 Certification first appeared on Business Today NG.

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Leadway Pensure, one of Nigeria’s leading pension fund administrators, has concluded the 2023 financial year, recording a 25% annual fund growth, exceeding its financial targets set for the year.   This remarkable achievement comes on the heels of treble awards for the brand as West Africa’s Pension & Lifestyle Company of the Year, Best Customer Care awards, [...] The post Leadway Pensure Records 25% Growth In Revenue FY23 first appeared on Business Today NG.

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The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned a businessman and socialite, Pascal Okechukwu, a.k.a Cubana Chief Priest, on a three-count charge bordering on abuse of the Naira before Justice Kehinde Ogundare sitting at the Federal High Court, Ikoyi, Lagos.  Count one reads: That you, Okechukwu Pascal, on [...] The post Alleged Naira Abuse: Court Grants Cubana Chief Priest N10m Bail first appeared on Business Today NG.

The Economic and Financial Crimes Commission, EFCC, will on tomorrow, Thursday, April 18, arraign a former governor of Kogi State,  Yahaya Adoza  Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects,  Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19- count charges bordering [...] The post Alleged N80.2bn Money Laundering: EFCC To Arraign Yahaya Bello Tomorrow first appeared on Business Today NG.

The sixteenth season of DiamondXtra, a savings and reward account where customers of Access Bank are rewarded with several prizes, have been unveiled in Lagos. The Season 16th of the special interest yielding hybrid account which allows deposit of both cash and third-party cheques has been upgraded as customers will win prizes to the value of N200 [...] The post Access Bank Unveils DiamondXtra Season 16 With N200m, 3SUVs For Grabs first appeared on Business Today NG.