A U.S. federal judge on Thursday issued a ruling limiting access to Americans’ personal Social Security data by Elon Musk’s controversial Department of Government Efficiency (DOGE), following a legal challenge brought by unions over privacy and oversight concerns. District Judge Ellen Hollander barred DOGE personnel from obtaining data that could personally identify individuals—such as Social…
By Ayomide Otitoju The Ports Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service has announced it generated a total of ₦189.5 billion in revenue between November 2024 and mid-April 2025, leveraging its newly adopted Unified Customs Management System, popularly known as B’Odogwu. The command disclosed this in a statement issued Wednesday by its…
By Ayomide Otitoju The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has reiterated his commitment to building robust partnerships with key stakeholders to successfully execute the strategic directives entrusted to him by President Bola Tinubu. Ojulari made the pledge on Wednesday during a courtesy visit to…
By Ayomide Otitoju Fidelity Bank Plc has been named “Nigeria’s Best Private Bank” at the prestigious 2025 Euromoney Awards for Excellence, further solidifying its reputation as a leading force in Nigeria’s financial services sector. The award was presented at a ceremony held recently at The Savoy in London, where top financial institutions from across the…
By Ayomide Otitoju The Aliko Dangote Foundation (ADF) has donated thousands of bags of rice to the Federal Capital Territory (FCT), Abuja, and Kogi State as part of its ₦16 billion Annual National Food Intervention Programme aimed at easing the economic burden on vulnerable Nigerians. At the official flag-off ceremony in Abuja on Tuesday, Senior…
By Ayomide Otitoju The Economic and Financial Crimes Commission (EFCC) has reaffirmed its earlier warnings against Ponzi schemes following the reported collapse of CryptoBank Exchange (CBEX), a digital investment platform allegedly responsible for defrauding Nigerian investors of over ₦1.3 trillion. CBEX reportedly crashed on Monday, leaving thousands of Nigerians unable to access their funds. Social…
By Ayomide Otitoju Access Holdings Plc, Nigeria’s largest financial institution by assets, incurred regulatory penalties totaling over N1.21 billion in 2024 for multiple infractions involving the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and other supervisory bodies. This was disclosed in the company’s audited financial statements for the year ended December…
By Ayomide Otitoju Global accounting giant PricewaterhouseCoopers (PwC) has announced the closure of its offices in nine Sub-Saharan African countries, citing a strategic restructuring of its network. In a statement published on its official website, PwC confirmed that it has ceased operations in Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo, Republic…
By Ayomide Otitoju Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, from N865 to N835 per litre. The new price takes effect from Wednesday, April 16, marking the second price cut by the refinery in one week. According to the company, the…
