Bank

The Nigerian Education Loan Fund has announced that total funds released under the student loan scheme have climbed to N161.97 billion. The disclosure was made in NELFUND’s weekly report covering December 29, 2025, to January 4, 2026,…
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The Federal High Court in Abuja on Friday granted bail to Bauchi State Commissioner for Finance, Yakubu Adamu, who is facing trial over alleged money laundering involving N4.6 billion. Justice Emeka Nwite approved the bail despite…
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The Ibadan explosion dispute deepened on Thursday as former Ekiti State governor Ayodele Fayose accused Oyo State governor Seyi Makinde of sitting on federal funds meant for victims of the deadly Bodija blast. Fayose said the money…
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Bauchi State Governor Bala Mohammed has confirmed that Muntaka Mohammed Duguri, one of the suspects in an EFCC money laundering case, is his nephew. The confirmation came during a television interview on Thursday as the case continues…
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Nigerian banks will begin enforcing a new tax rule from January 1, 2026, as customers with foreign currency accounts prepare for changes to how their interest earnings are handled. The policy will affect individuals and businesses who…
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The Federal Government has dismissed claims that the new tax laws will allow authorities to monitor Nigerians’ bank transfers or debit accounts based on transfer descriptions. Chairman of the Presidential Committee on Fiscal Policy and…
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The Centre for Accountability and Fiscal Responsibility has backed the National Assembly over its decision to re-gazette Nigeria’s new tax reform laws, saying the move followed due process and was lawful. The group reacted on Monday…
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Former attorney general Abubakar Malami is at the centre of a major corruption probe after investigators linked much of his wealth to public funds handled while he was in office under former president Muhammadu Buhari. The Economic and…
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Political tension rose in Rivers State on Saturday after Federal Capital Territory Minister Nyesom Wike spoke about growing interest in the state’s finances following claims of large funds in government accounts. The comments were made…
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The Minister of the Federal Capital Territory Nyesom Wike has warned that a large cash balance left in Rivers State is drawing the attention of political actors from within and outside the state. He spoke on Saturday evening in Port…
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