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How to legally recover erroneously transferred funds in Nigeria

In Nigeria, cash transfers to wrong bank accounts or unexpected recipients are frequentDue to a number of factors, including a lack of knowledge about...

Business

Revealed! NDIC begins selling properties after Nigerian banks shut down

Depositors with balances over N5 million would receive their liquidation payouts, according to the NDICThe NDIC remains committed to protecting depositors from the adverse...

Business

Eko DisCo says Nigerian police, military, others owing N144bn electricity debt

The Eko Electricity Distribution Company's acting managing director stated that N144 billion is owed to the companyAccording to Rekhiat Momoh, state government agencies, the...

Business

More wealth for Dangote as Africa’s richest man launches new subsidiary in another country

With a focus on the cement and oil sectors, Aliko Dangote is expanding Dangote Industries' footprint in AngolaBy purchasing and managing both onshore and...

Business

Revealed! CBN sends serious warning to banks over scarcity of cash at ATMs

Negligent financial firms could face penalties from the Central Bank of Nigeria over cash shortage at ATM machine The CBN governor claims that it...

Business

Revealed! FCMB is set to reportedly sell stakes in subsidiaries

First City Monument Bank's owners, FCMB Group, could be thinking about lowering their ownership of its subsidiariesProceeds from the transaction could help the lender...

Business

Lagos, Cairo, others top list of 10 cities by GDP growth forecast for 2035

By the middle of the 1930s, it is estimated that 400 million people will live in Africa's top 10 metropolitan economiesThe cities range in...

Business

NNPC sends message to Nigerians as Port Harcourt refinery begins crude oil production

The NNPC Ltd stated that it has successfully re-streamed the Port Harcourt Refining Company as promisedThe development marks the start of the plant's processing...

Business

Good news for Nigerians as Port Harcourt refinery commences crude oil production

The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processingNNPCâs spokesperson revealed that the Nigerian government's oil plant is...

Business

After N50,000 grant, FG speaks on empowering MSMEs

Nigeriaâs vice president, Kashim Shettima, said 80% of Nigerians will be jobless without MSMEsAccording to the VP, MSMEs make up 96% of Nigeria's business...

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