The corridors of justice buzz with anticipation as the legal saga involving the Managing Director of SunTrust Bank unfolds. Scheduled for arraignment on June 4, the MD finds himself at the center of an alleged money laundering case amounting to a staggering $12 million. The gravity of these accusations reverberates through the financial sector and
The House of Representatives has set its sights on uncovering alleged fraud within the National Education Loan Fund (NELFUND) concerning student loan disbursement in Nigeria. The recent probe sheds light on potential discrepancies that have raised eyebrows among lawmakers and the public alike. As reported by nairametrics.com, the investigation has sparked concerns over the management
In a rapidly advancing world where technology plays a pivotal role in shaping various industries, Nigeria is embarking on a significant transformation in its education sector. The West African Examinations Council (WAEC) has set the stage for transitioning to Computer-Based Testing (CBT) as the primary mode of examination delivery. However, challenges loom large on the
In the fast-paced world of entertainment, one individual has recently made waves with her groundbreaking appointment. Dr. Busola Tejumola, a seasoned professional with a wealth of experience, has been named as the Head of General Entertainment at MultiChoice Group. This prestigious position marks a significant milestone in her career and underscores her exceptional talents in
In the bustling city of Lagos, a bold initiative is underway to elevate its status as a premier tourist destination. With an investment of N8.5 billion in festivals and events over one year, the government is laying the foundation for an exciting transformation that aims to captivate both locals and visitors alike ” “ Lagos
Nigeria witnessed a 0.27% increase in its equities market on Wednesday, a promising development that sparked investor interest across the board. The surge was primarily fueled by notable advancements in key players like Northern Nigeria Flour Mills (NNFM) and other major gainers, culminating in a positive close for the market. “Investor interest in NNFM and
The Federal Government of Nigeria recently made a groundbreaking announcement that sent waves of excitement and hope across the nation. In an unprecedented move to support technical college students, the government declared a monthly stipend of N45,000. This generous initiative aims to uplift and empower students pursuing technical education, recognizing the vital role they play
Chinwe Michael, a dedicated journalist at BusinessDay, recently embarked on an exciting new chapter by being chosen as one of just 20 participants for the prestigious MTN Media Innovation Programme (MIP) cohort four. This initiative, a collaboration between MTN Nigeria and the School of Media and Communication at Pan-Atlantic University (PAU), is a beacon of
The halls of the House of Representatives are abuzz with discussions surrounding the alleged mishandling, diversion, and lack of transparency in student loan disbursements. The representatives are deeply concerned about possible non-compliance with the Student Loans Act of 2024. In response to these alarming issues, the House has taken decisive action. “The Green Chamber mandates
Amidst the hustle and bustle of Nigeria’s financial landscape, a groundbreaking development has taken center stage. The Federal Government’s Series VI Sukuk offer has not just made waves but created a seismic wave of interest among investors. As reported by nairametrics.com, the oversubscription rate of 735% has sent shockwaves through the market, attracting a staggering