EFCC Chairman: We Received 14,000 Petitions In One year

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has disclosed that the EFCC received 14,000 petitions from members of the public in the last one year. The EFCC boss disclosed this when the Special Envoy for West Africa, Dr. Charles Omini, paid him a courtesy visit …

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World Bank Affirms 3.3 percent Economic Growth Forecast For Nigeria

•Downgrades forecast for 2025 economic growth The World Bank on Tuesday affirmed its 3.3 per cent economic growth forecast for Nigeria in 2024, saying the nation’s economy was mildly buoyant in the early part of the year despite macroeconomic adjustments. However, the World Bank downgraded its forecast for Nigeria’s economic …

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Naira Trades N1,473/$ At Official Market

The naira, on Tuesday, June 11, 2024, further appreciated at the official market trading at N1,473.66 to the dollar. Data from the official trading platform of the FMDQ Exchange showed that the naira gained N9.96. This represents a 0.67 per cent gain when compared to the previous trading date on …

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Court Jails 12 Internet Fraudsters In Cross River

The Federal High Court sitting in Calabar, the Cross River State capital, on Tuesday, June 11, 2024, sentenced 12 internet fraudsters to various jail terms. While Justice Ijeoma Ojukwu convicted and sentenced 11 internet fraudsters – Nwaeke Vitalis Ndubisi, Kingsley Goodnews, Inyang Victor, Ekere-Obong Adams, Usang Enang, Ogudu James, Arinze …

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Data Breach: FG Slams N400m Fine On Four Banks, Others

The Nigeria Data Protection Commission has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are undergoing investigations for various degrees of breaches of citizens’ data. This was as the commission’s National Commissioner, Vincent Olatunji, disclosed that four major banks and three other institutions faced sanctions and …

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