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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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Suspended DCP Abba Kyari Appears for the Fourth Time Before IG’s Panel, Grilled For Hours

The suspended Deputy Commissioner of Police and former Commander, Police Intelligence Response Team, Abba Kyari, was reportedly grilled for four hours by the probe panel set up by the Inspector General of Police over his relationship with a confessed fraudster, Ramon Abbas aka Hushpuppi. According to Vanguard, the interrogation by …

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Nigeria’s next president should be economically sound & not nepotic, says IBB

Former Military President Ibrahim Badamasi Babangida (IBB) has identified attributes of his ideal President in 2023.  He said the next President must speak to the citizens, understand the nation’s economy and have friends in every region. Babangida, disclosed this while speaking with Arise TV during a monitored interview on Friday. …

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