The federal government has ordered banks to freeze the accounts of dodgy loan sharks after raiding their offices. The government has also written to Google and Apple to remove loan apps that violate the country’s laws. Specifically, the Federal Competition and Consumer Protection Commission (FCCPC) ordered digital money lenders thatRead More →

The House of Representatives expressed concern over the 45 million accounts that hold funds worth over N1.2 billion. To this end, the House of Representatives Ad Hoc Committee on Unclaimed Funds in Nigerian Commercial Banks and Offenses by the Central Bank of Nigeria has opened an investigation into the matter.Read More →

The boardroom crisis rocking Green Energy International Limited, an oil and gas company, whose chairman is former special adviser to the administration Olusegun Obasanjo, Professor Anthony Adegbulugbe, has taken a new turn. Adegbulugbe was the special advisor on energy in the administration of Olusegun Obasanjo. Recall that the two aggrievedRead More →