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…Market Cap Hits N1.022tn …Emerges Best Performing Banking Stock in 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share.   At the close of trading on Monday, the Bank’s market […]Read More

Searchng.ng nigerian search engine understands that Betta Edu, Minister of Humanitarian Affairs & Poverty Alleviation, has been suspended from office over request to transfer N585M to a private account.   Her suspension was  announced via  a press statement , issued on Monday  by Chief Ajuri Ngelale, Special Adviser to the President on media and publicity. […]

President Bola Tinubu has ordered a thorough probe of the Ministry of Humanitarian Affairs and Poverty Alleviation led by Betta Edu.   The Minister of Information and National Orientation, Mohammed Idris, made this known in a statement on Sunday. Controversy had enveloped Edu’s alleged involvement in the approval of N585,198,500.00 to be disbursed into a […]

The Federal Government through the Federal Ministry of Education, last week Tuesday, announced the suspension of evaluation and accreditation of degree certificates from the Republic of Benin and Togo.   The ministry noted that its decision followed the undercover investigation conducted by a Nigerian newspaper which exposed the activity of a degree mill in Cotonou, […]

The Economic and Financial Crimes Commission (EFCC) yesterday said it visited Dangote Group Headquarters with a search warrant for some vital documents on forex allocations to the company from 2014 to 2023 during the tenure of former Governor of Cental Bank of Nigeria ( CBN), Mr Godwin Emefiele. It said it decided to search the […]

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to promptly and thoroughly probe the alleged payment by the Minister of Humanitarian Affairs, Betta Edu of N585.2 million meant for disbursement to […]

•EX-CBN gov may face multiple money laundering charges, anti-graft agency probes corporate organisations, individuals •Commission says investigation independent of Obazee’s report   The Economic and Financial Crimes Commission has written to over 85 entities comprising corporate organisations and individuals over an ongoing investigation into alleged fraudulent foreign exchange allocations under the embattled former governor of […]

NPF-NCCC UNVEILS THREAT ACTORS BEHIND COMPLEX CYBERSTALKING AND BLACKMAILING BLOG, ARRESTS 3, RECOVERS 12 ACCOUNTS. as the IGP reaffirms Police commitment to Ensuring Improved Digital, Physical Safety. In an onward fight against the menace of cyberstalking, threat to life and blackmailing schemes operating in the guise of micro blogging pages, and contending with the online […]

By Ope Banwo…We at Change Vigilantes International have closely followed the ongoing national discussions on the allocation of the scarce foreign exchange earned by the Nigerian government and how the super-rich, particularly the Dangote Group, appears to have been sidetracking the CBN Guidelines on allocation of the scarce official Foreign exchange allocations to banks, apparently […]

   As Nigeria grapples with a foreign exchange crisis, one person stands out in the scramble to obtain hard currency: Aliko Dangote, Africa’s richest man.   When the government restricted the supply of dollars in June 2015 to prop up the value of the Nigerian naira, firms owned by Dangote landed a healthy share of […]

Following last Thursday”s raid of Dangote Group headquarters  by official of Economic and Financial Crimes Commission (EFCC)  over  $3.4bn it illegally received from Godwin Emefiele led Central Bank without presidential approval from 2014 to present, and subsequent unethical market-manipulations.   The Chairman of the Dangote Group Aliko Dangote has spoken about  the  raid by officials […]

President Bola Tinubu has approved the appointment of new Executive Directors in two (2) agencies under the Federal Ministry of Marine and Blue Economy:   Nigerian Ports Authority (NPA):   (A) Ms. Vivian C. Richard Edet — Executive Director, Finance & Administration (NPA)   (B) Engr. Olalekan Badmus — Executive Director, Marine & Operations (NPA) […]