The Economic and Financial Crimes Commission, EFCC, has alerted the public over a new method of financial fraud that involves ATM card swapping. A statement released by Dele Oyewale, spokesperson of the commission today November 27, says the modus operandi of fraudsters involved in this nefarious practice involves keeping a debit card of the same […]
THE Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from […]
Baring last minute changes, President Bola Tinubu will present the 2024 budget to a joint session of the National Assembly tomorrow. The information was confirmed to journalists by the Secretary, Research and Information, in the National Assembly, Dr Ali Barde Umoru, who was at the Senate with respect to protocol arrangements. It was gathered that […]
THE Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from […]
The Nigeria Deposit Insurance Corporation (NDIC) wishes to address the recent misleading news reports circulating on various social media platforms under the headline “CBN Liquidates 20 Banks – NDIC (Names).” Contrary to the misleading headline, we would like to clarify that the 20 banks mentioned in those reports were among the banks that had been […]
The Commerce and Industry Correspondents Association of Nigeria ( CICAN) the media professionals that report and analyse the country’s manufacturing, commerce and industry, Small and Medium Enterprises (SMEs) sectors has announced it’s intention to host the “2023 CICAN Workshop and Award ceremony”, with the theme “Tax policy reforms and effects on Nigeria’s business” on Tuesday […]
The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to hold its 2023 annual workshop, a strategic forum to articulate issues that can move the Nigerian capital market and economy forward. The workshop, scheduled to hold on December 2 and 3, 2023 at Orchid Hotels, Ajah, Lagos, is being organised by the association […]
The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.393 billion to 36,163 insured depositors failed banks in the country. Bello Hassan, its Managing Director, disclosed this on Friday while speaking at the NDIC Day at the on-going Lagos International Trade Fair in Lagos. He said the 36,163 depositors were paid within a record time of […]
The Nigeria Deposit Insurance Corporation (NDIC) has once again demonstrated its unwavering commitment to high ethical standards and compliance with anti-corruption laws and regulations as it proudly secures the top position in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS). This remarkable achievement marks the second […]
The Nigeria Deposit Insurance Corporation (NDIC) has once again demonstrated its unwavering commitment to high ethical standards and compliance with anti-corruption laws and regulations as it proudly secures the top position in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS). This remarkable achievement marks the second […]