Category : Search result: bank account


Mother Spends All Savings to Fly Daughter Over Kidnapping

A Nigerian mother made the ultimate sacrifice, draining her bank account to buy a flight ticket for her daughter, fearing road travel due to rampant kidnappings. Her story highlights the daily terror many face. Read her emotional plea for safety.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

EKIRS: No Account Freeze Over TIN in New Tax Reform

The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.

Federation Account Hits N23trn in 10 Months

Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

N66.42tr Hits Federation Account in 3 Years

Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.

Man Reveals VDM's NGO Balance Amid Harrison Gwamnishu Feud

A Nigerian man, Charles Obinwanne Don, shares the N10 million balance in VeryDarkMan's NGO account, defending the activist against claims of jealousy towards Harrison Gwamnishu. Get the full story on the social media drama.

Supreme Court Dismisses Osun Suit on LG Funds

The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

TIN Not Mandatory for Personal Bank Accounts - FG

The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

Zenith Bank Awards N140m to African Tech Innovators

Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.

Union Bank Rewards Top Teachers with Millions

Union Bank of Nigeria honoured exceptional educators at the 11th Maltina Teacher of the Year Awards in Lagos. Discover the winners and the bank's commitment to education.

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