EFCC arrests Ecobank staff, POS agent for currency racketeering

Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested a banker, Soberechukwu Inya Ewa and a Point of Sales, POS, cashier, Azubuike Mamwu Obasi for allegedly selling new naira notes to customers for commercial purposes. A statement issued by the EFCC’s spokesman, Dele Oyewale, said the suspects were arrested in the early …

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FG summons Dangote Plc, BUA Plc, Larfarge, others over escalating cement prices

The Federal government has said it cannot fold its arms and see the price of cement spiralled out of control. The Minister of Works, David Umahi has summoned cement manufacturers to a meeting on Monday to examine the issues surrounding the latest development. According to a statement by the Special Adviser to the Minister, Edward Uchenna Orji, the Minister was …

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EFCC Arraigns Ibadan Business Woman for N58m Alleged Fraud

The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned Ajayi Oluwabukola Temitope before an Oyo State High Court for allegedly obtaining N58,458,000.00 (Fifty-Eight Million, Four Hundred and Fifty-Eight Thousand Naira) by false pretence from her victims. She was arraigned on Wednesday, February 14, 2024, before the court presided over by Justice Kamorudeen Babatunde Olawoyin, on a …

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NASRE joins access Bank holdings to mourn Herbert Wigwe

In a somber announcement, Access Holdings Plc is grappling with the untimely passing of its Group Chief Executive Officer, Dr. Herbert Wigwe, CFR, along with his wife and son. The tragic incident occurred in a helicopter crash in the United States of America. The Nigerian Association of Social and Resourceful Editors (NASRE) expresses profound condolences to the bank. In a …

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Naira appreciates against US dollar at forex market amid CBN’s interventions

The Naira appreciated against the US dollar on Thursday amid the Central Bank of Nigeria’s recent interventions. Data from FMDQ showed that the Naira appreciated to N1,498.25 per US dollar on Thursday from N1,503.38 on Wednesday. This represents an N5.13 or a 0.3 per cent increase compared to N1,503.38 recorded at the close of trading on Wednesday. Meanwhile, at the …

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10 Takeaways from Seven-Up Bottling Company’s SMEs Bootcamp 

Seven-Up Bottling Company, in partnership with Zenith Bank and the United Nations Industrial Development Organization (UNIDO), recently organised a two-day Scale-Up Bootcamp for small and medium-sized enterprises, to provide them with needed information and strategies to scale up their businesses. The two-day session saw the Chief Executive Officers of 80 SMEs benefit from the growth experience of experts such as …

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Herbie and his wife hosted myself and Aliko Dangote in his new home 2 weeks ago – Femi Otedola

Billionaire businessman, Femi Otedola has sent out his condolences to the family of Access Bank CEO, Herbert Wigwe, who along with his wife and son, Chizi, unfortunately died in a helicopter crash in USA. Otedola recalled his most recent visit to Wigwe’s home on a post made via his verified X handle, “I am shocked and saddened to hear of …

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Let Us Number Our Days, Access Holdings CEO, Wigwe Tweeted Days Before His Death

Three weeks before the crash that claimed his life, the late Group Chief Executive Officer, Access Holdings Plc, Herbert Wigwe, had posted in January about appreciating life as a gift and valuing each day. In a tweet posted on his official X handle on January 19, Wigwe wrote, “Today and always, let us remember that life is a precious gift …

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Access Bank CEO, Wigwe, wife, son, Abimbola Ogunbanjo die in chopper crash

Herbert Wigwe, the group chief executive officer of Access Holdings Plc, was involved in a helicopter crash in the United States, on Friday, TheCable understands. Wigwe, his wife and son were in the helicopter when it crashed in California near the Nevada border, as well as Abimbola Ogunbanjo, the former group chairman of Nigerian Exchange Group Plc (NGX Group). Six …

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Dufil Prima Foods Limited Appoints Chain Reactions Africa as New Public Relations Consultant for Indomie Noodles Nigeria

Following about six months of credentials presentations by some of Nigeria’s leading public relations firms, Dufil Prima Foods Limited, makers of Indomie Instant Noodles, has announced its verdict appointing Chain Reactions Africa, one of Africa’s leading Public Relations and Integrated Communications Consultancies, as its new Strategic Communications and Public Relations Consultant for Indomie Noodles in Nigeria. This strategic partnership which …

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