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CBN To Freeze Risevest, Bamboo Accounts for “Illegal FX Transactions”

A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts of fintech companies for 180 days. The accounts include that Rise Vest Technologies Limited, Bamboo Systems Technology Limited, Bamboo Systems Technology Limited OPNS, Chaka Technologies Limited, CTL/Business Expenses, and Trove …

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My Story – Sports Minister explains his role in Nigeria’s shameful Tokyo Olympics experience

Nigeria’s sports minister, Sunday Dare, has apologised for the embarrassment Nigeria suffered at the Tokyo Olympics that saw 10 of its athletes disqualified and one of its finalists washing his own jersey. Dare, who has been criticised by many Nigerians, over the Olympics experience, however, said Nigeria’s performance at the event was …

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