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ECONOMY

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Court Seals Up First Bank Headquarters In Abuja

August 4, 2022 Ruth Semilore 0

The Headquarters of Firstbank located at the Central Business District, Abuja, had been sealed up by the FCT High Court Enforcement Unit over failure to [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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UPDATE: Naira appreciates against US Dollar (FOR THE RECORDS)

August 3, 2022 Ruth Semilore 0

The exchange rate between the naira and the US dollar appreciated to N669/$1 on Tuesday, morning from N692.25/$1. READ ALSO:  YAHAYA Bello bans, prohibits the use [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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JUST IN: UBA appoints new GMD, other Executive Directors in a major shakeup (SEE FULL LIST+PHOTOS)

August 1, 2022 Bola Ogunmuyiwa 0

United Bank for Africa (UBA) on Monday, August 1, 2022 announced appointments of new Board of Directors to manage the affairs of the bank in [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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RUSSIAN bombings kill founder of Ukraine’s largest grain company, Nebulon and wife

August 1, 2022 Adesoji Omosebi 0

FOUNDER of one of the Ukraine’s largest agricultural companies, Nibulon died during a Russian attack on the Southern City of Mykolaiv on Sunday, according to [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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EFCC invade Abuja Bureau De Change (BDC) outlets to halt Naira from further sliding

July 30, 2022 Bola Ogunmuyiwa 0

Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday invaded the Wuse Zone 4 bureau de change hub of Abuja to halt further [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

SENATE summons CBN Governor, Emefiele over worsening devaluation of the Naira

July 27, 2022 Bola Ogunmuyiwa 0

THE Senate on Wednesday summoned the Central Bank of Nigeria, Godwin Emefiele, over the worsening devaluation of the Naira. READ ALSO:  UPDATED! SENATORS give Buhari six [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

BULLION VAN ATTACK: BANK Cash Officer, one robber killed in gun encounter with the Police

July 27, 2022 Bola Ogunmuyiwa 0

A new generation Bank Cash Officer whose identity was not known as at the time of filing this report and one robber were killed in [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

FAAC Releases Monthly (July) Allocations To FG, States, LGs - SEE SHARING FORMULAR

FAAC for July 2022: Federal, States, Local Govts to share N802.4 (SEE SHARING FORMULA)

July 27, 2022 Bola Ogunmuyiwa 0

The Federation Account Allocation Committee (FAAC) has released the sum of N802.4 billion to the Federal Government, States and Local Government Councils for the month [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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NAIRA continues to fall without control (READ DETAILS)

July 22, 2022 Bola Ogunmuyiwa 0

NIGERIA Naira continue to fall deepper at the black or parallel market to N658 to a $1.00 or 6% devaluation. READ ALSO:  https://terryanews.com/2022/07/kizz-daniel-sent-n1m-to-little-boy-who-performed-buga-at-school-party.html The figure represents [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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EFCC arrests 18 suspected YAHOO BOYS in Abuja (SEE NAMES)

July 21, 2022 Bola Ogunmuyiwa 0

Operatives of the Economic and Financial Crimes Commission, (EFCC) have arrested 18 suspected internet fraudsters otherwise known as Yahoo Boys in Abuja. READ ALSO:   EFCC [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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EFCC set to arraign former AGF, Ahmed Idris over N109b fraud

July 21, 2022 Bola Ogunmuyiwa 0

THE Accountant-General of the Federation (AGF), Ahmed Idris will be arraigned before Justice A. O. Adeyemi Ajayi at the Federal Capital Territory (FCT) High Court [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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AKEREDOLU orders dismissal of workers after Committee exposed over N400m fraud, collection of double salaries

July 20, 2022 Bola Ogunmuyiwa 0

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has ordered the Head of Service to dismiss officers who are receiving double salaries from the state payroll. [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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Nigerians cry out as Bread makers embark on strike over high cost of materials

July 20, 2022 Ruth Semilore 0

Nigerians are in different ways reacting to the news of Premium Breadmakers Association of Nigeria (PBAN), comprising owners, Managing Directors and Partners of premium bakeries [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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NNPC officially announces petrol pump price increase effective Tuesday

July 19, 2022 Bola Ogunmuyiwa 0

The Nigerian National Petroleum Limited ((NNPL) has announced the approval on upward review in the pump price of Premium Motor Spirit from N165 per litre [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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IGBO shops vandalized by thugs in Osogbo for not voting for choice candidate

July 18, 2022 Bola Ogunmuyiwa 0

SOME thugs on Monday attacked and vandalized shops belonging to Igbos in Osogbo, Osun state after the last concluded governor’s election. READ ALSO:  PDP Returning Officer, [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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ELECTRICITY: More Troubles as Fidelity Bank, AMCON Take Over five DISCOS (IBEDC, KEDC, three others)

July 10, 2022 Bola Ogunmuyiwa 0

NIGERIAN power sector has run into deeper troubles as the Federal Government in conjunction with Fidelity Bank and AMCON takes over the affairs of five [..https://www.sojworldnews.com/?customize_changeset_uuid=c0da71e4-1b42-4d5d-927a-1ccd29ca1dbc.]

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