Former Petroleum Resources Minister, Diezani Alison-Madueke The Federal Government and the U.S. Government on Friday, January 10, 2025 signed an agreement for the repatriation of $52.88 million being proceeds from the forfeiture of the Galactica assets, linked to the former Petroleum Resources Minister Diezani Alison-Madueke and her associates. The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN) …

The Nigeria Police has arrested an officer seen in a viral video with Wahab and Raheem, sons of billionaire businessman, Chief Razaq Okoya, abusing naira notes in bundles. The Force Public Relations Officer, Olumuyiwa Adejobi, made this disclosure on his X handle on Friday. Adejobi noted that the moment captured in the video involving the police officer is unethical and …

Nduka Obaigbena, Chairman, Thisday Media Group/Arise News Channel The Federal High Court, Ikoyi, Lagos, has granted an order restraining all commercial banks in Nigeria from releasing or dealing in all monies and assets up to $225.8 million due to Nduka Obaigbena from any account maintained by him. Obaigbena is the chairman and editor-in-chief of THISDAY Media Group and Arise News …

Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class, was made possible through the Fidelity Helping Hands Program (FHHP), a Corporate Social Responsibility (CSR) initiative by Fidelity Bank Plc aimed at promoting staff involvement in community development. Through the FHHP, staff across …

To further boost trade between Nigeria and China, President Bola Ahmed Tinubu has urged the Chinese government to increase the existing $2 Billion currency swap agreement. This call, according to von.gov.ng, was sequel to recent discussions aimed at strengthening economic ties and facilitating smoother transactions. He also called for an upward review of the $50 Billion aid package for Africa, …