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 The Federal Government of Nigeria determination to curb the activities of forex speculators seem to be gaining momentum with the exchange rate now down to 1439 to 1 US Dollar. The Naira strengthens against USDT as Binance and other crypto platforms confirm they are in talks with government to curb spot trading.  Aside talks with Binance and other platforms, the attack against currency speculators is also been effectively sustained by the office of National Security Adviser, Economic and Financial Crime Commission (EFCC) and the police. A source disclosed that Naira will continue to strengthen against the dollar and the economy will experience speedily recovery from saboteurs.     "In a surprising turn of events, the Nigerian Naira has shown significant strength against the Tether (USDT) cryptocurrency, with its value improving to 1438 from a previous high of over 1800. This development occurs amidst growing speculation that major cryptocurrency platforms, inclu...

 The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who spoke with our correspondent on Friday, said the commission had also uncovered over N500m from the scam associated with Umar-Farouk’s successor, Betta Edu, who was recently suspended by President Bola Tinubu. A Nigerian newspaper, PUNCH had in December reported that N37,170,855,753.44 was transferred from government coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete. It was gathered on Friday that N30bn was recovered by the EFCC following the placement of a lien on the bank accounts of Umar-Farouq and Okwete, who are still being grilled by the anti-graft agency’s investigators.

It is very curious that Governor Seyi Makinde referenced the petition signed and dated 3rd of February on a letter that he signed on the 2nd of February. Abeg, who is fooling who? This whole thing is being orchestrated by the inglorious G5 governors who sabotaged PDP at national who want to again sabotage PDP in Edo state. They have never wished the party well and this is another example. Recall that they recently pledged to deliver Jagaban back to power. As usual, they will continue to FAIL.  We call on all law-abiding members of our party to turn out enmasse and vote for delegates of their choice today, 4th February 2024. Let's take our destiny into ou. .mr hands and take our party back from a handful of self-seeking people who have shown time and time again that they have no interest in helping ordinary people.  *COPIED*

 Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, set a record-breaking precedent in 2023, with a tremendous upsurge in its 2023 corporate performance as seen in the bank’s 2023 Q3 performance results.  In a yearly analysis that captured financials for the first three[3] quarters of 2023, Wema Bank recorded a 130% increase in Profit Before Tax [PBT] and 61% increase in gross earnings, achieving Gross Earnings of ₦150.90bn in Q3 2023, compared to Q3 2022’s ₦93.86bn. The pioneering bank’s Profit Before Tax (PBT) unprecedentedly stood at ₦21.76bn, an astounding 130% increase from the ₦9.46bn reported in Q3 2022. Further underscoring the bank’s progress, Wema Bank also recorded a remarkable 73% reduction in fraud and burglary losses, which is a testament to the bank’s commitment to sustaining progress and ensuring the financial security of its customers. This exceptional growth has further strengthened Wema Bank...

 Lagos, November 24, 2023 – The Enterprise Development Centre (EDC), of the Pan-Atlantic University, home to the Lagos Business School (LBS), recently hosted its 20th annual gala at the Harbour Point Event Center, Victoria Island. The celebration honored six outstanding Business Development Service Providers (BDSPs), recognizing their significant contributions to nurturing entrepreneurship in Nigeria. The prestigious event gathered esteemed EDC leadership, including Nneka Okekearu, Nnenna Ugwu, Dr. Wale Anifowose, EDC alumni, innovative entrepreneurs, Business Development Service Providers, youth entrepreneurs from PAU and many other critical industry stakeholders from government, corporate, banking, and financial sectors to foster collaboration within Nigeria's entrepreneurial ecosystem as led by the EDC. The aim of the 20th edition of this award show was to acknowledge BDSPs who have immensely contributed to EDC's mission of fostering entrepreneurship across the nation. Durin...

The Medical Profession in Nigeria has some people that despite all odds believe that our nation must work and they dig in to deliver their best to their ever demanding Patients.  One of such people is amiable and hardworking Dr Shakirat Tinuola Smith- Okonu. The daughter of the Medical Juggernaut and still very active Dr Waheed Smith , Director of the Prestigious, Smith Medical Centre, Lagos.  Many who have had any interactions with Dr Mrs Shakirat Smith- Okonu have very commendable things to say about her. For instant, recently, at the 5th Ibidun Ighodalo Conference for Parents in waiting, the brain child of the much loved, late Mrs Ibidun Ighodalo, her husband said this of Dr Shakirat Smith- Okonu , who was one of the Speakers, " I have only just met Dr Smith- Okonu,we went to her Hospital( Randle General Hospital, Surulere, Lagos) to give Presents. There were some challenges  but Dr Smith-Okonu just flew in there, broke all Protocols and made it possible for us to give...

 The management of Leisure Park, Asaba in Delta State has come up with a unique plan to celebrate the 2023 Christmas in a never before seen manner. A statement signed by the Park's Public Relations Officer, Mr. Godday Umukoro, disclosed that Christmas in Delta, is billed to be a sustained 45 days event which will commence on the 1st of December, 2023, and will run through to the 14th of January, 2024, across multiple locations in the 25 local government areas of the state. The statement further revealed that the event will feature a 121 ft Christmas Tree (accalaimed to be the tallest in Africa), a Cultural carnival Parade, an armada of Santa Claus spreading the joy of christmas all over the state, Love Boats on the historic River Niger, Boat Regatta and Rowing Race on the crystal clear waters of River Ethiope. Other attractions from the extravaganza are Drummers Battle, Multiple Christmas Villages and fun spots, Lego City, Train Rides, Music, Wildlife Tour and cultural dances that ...