IBM exits Nigeria, Ghana, transfers operations to MIBB

IBM exits Nigeria, Ghana, transfers operations to MIBB

International Business Machines (IBM) Corporation, an American multinational technology company, has announced plans to exit Nigeria, Ghana, and other key African markets. According to TechCabal,...
CBN Debunks Selling FX At N1,301/$ To BDCs

‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for...

The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a maximum of $25,000 per week...
EFCC arrests Usman Yusuf, ex-NHIS boss, over alleged fraud

EFCC arrests Usman Yusuf, ex-NHIS boss, over alleged fraud

Usman Yusuf, a former executive secretary of the National Health Insurance Scheme (NHIS), has been arrested by operatives of the Economic and Financial Crimes...
NCAA suspends Max Air operations for three months after Kano incident

NCAA suspends Max Air operations for three months after Kano incident

The Federal Government, through the Nigeria Civil Aviation Authority, has suspended Max Air’s domestic flight operations following a tyre burst incident involving one of...
Max Air plane suffers tyre burst in Kano

Max Air plane suffers tyre burst in Kano

A Max Air aircraft carrying 53 passengers with the registration number: 5N-MBD suffered a tyre burst late Tuesday night at the Mallam Aminu International...
United Airlines B787 Lagos-Washington declares emergency with over 245 passengers

United Airlines B787 Lagos-Washington declares emergency with over 245 passengers

A United States flag carrier, United Airlines flight UA613, outbound from Lagos to Washington, has declared an emergency and returned to Lagos. Vanguard learnt that...
Police rescue ex-AIG Hakeem Odumosu’s wife, kill abductors

Police rescue ex-AIG Hakeem Odumosu’s wife, kill abductors

Operatives of the Nigeria Police Force have rescued Mrs Folasade Odumosu, the wife of the former Assistant Inspector General, Hakeem Odumosu. The Force Public Relations...
Bisi Onasanya debunks involvement in N12bn loan fraud at First Bank

Bisi Onasanya debunks involvement in N12bn loan fraud at First Bank

Bisi Onasanya, former group managing director (MD) of First Bank of Nigeria (FBN) Limited, has denied involvement in the alleged N12 billion loan fraud...
CREDICORP disburses loans to 20,000 soldiers

CREDICORP disburses loans to 20,000 soldiers

The Nigerian Consumer Credit Corporation has partnered with Fewchore Finance to provide consumer credit to personnel of the armed forces, with 20,000 armed forces...
Kaduna empowers 4,912 women, provides civil servants N500m loan

Kaduna empowers 4,912 women, provides civil servants N500m loan

Kaduna State Governor, Uba Sani, has empowered no fewer than 4,912 underserved women across the state through the “A Kori Taluachi” poverty alleviation programme. The...
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