Category : Search result: financial sector


Court Denies Mompha's No-Case Submission in ₦6B Case

Instagram celebrity Ismaila Mustapha, known as Mompha, faces full trial as Federal High Court dismisses his no-case submission in massive ₦6 billion money laundering case. EFCC presents compelling evidence.

Edo State to Begin Local Drug Production in 2026

Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.

$5B Funding for 500,000bpd Nigerian Refinery

In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.

DJ Carey Jailed for Faking Cancer Scam

Former celebrity DJ Carey receives prison sentence after orchestrating elaborate cancer scam that deceived family and friends out of substantial funds in emotional fraud case.

BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

OpenAI Blocks Legal & Health Advice on ChatGPT

OpenAI implements major restrictions on ChatGPT, preventing the AI from offering guidance on legal, health, and financial matters. Learn how this affects Nigerian users.

Ezeibe Makes History as First Female NCRIB President

The Nigerian insurance sector witnesses a historic transformation as Dr. (Mrs.) Bola Onigbogi Ezeibe becomes the first female president of Nigerian Council of Registered Insurance Brokers, marking a significant milestone for gender inclusion in financial

ChatGPT Stops Medical/Legal/Financial Advice

OpenAI don announce new restrictions for ChatGPT. The AI no go dey give professional advice for medical, legal, or financial matters. See why dis decision dey important for Naija users.

BAT Nigeria Leads Private Sector Climate Action Drive

British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.

Abandoned father calls daughter 'worthless' over money

A Nigerian woman shares heartbreaking story of her father who abandoned them as children, only to return years later demanding financial support and insulting her when she couldn't meet his full request.

Ecobank Leads Nigeria's Top Banks in Customer Deposits

New data reveals Nigeria's top 10 banks by customer deposits, with Ecobank leading the pack. Discover which financial institutions Nigerians trust most with their money and the staggering amounts involved.

Nigerian Banks Lose Billions to Fraud in 2025

New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.

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