The Lagos State Muslim Pilgrims Welfare Board has fixed N8.5m as initial deposit for the 2025 Hajj exercise. The board called on intending pilgrims to the Kingdom of Saudi Arabia to obtain the Hajj form from its office, reports Daily Trust. The Board Secretary, Mr. Saheed Onipede, made this disclosure in a statement released by […]
The Economic and Financial Crimes Commission, EFCC, has arrested a banker, Kamaluddeen Lawal, and three businessmen in Kano for allegedly engaging in fraudulent activities involving the manipulation of cash deposits. The three businessmen, identified as Ismail Ibrahim Ilu, Lamido Bala, and Abba Mohammed, were arrested by EFCC operatives on Uni...
The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for Deposit Money Banks (DMBs) from N500,000 to N5,000,000 and would provide full coverage of 98.98 per cent of the total depositors compared with the current cover of 89.20 per cent This was announced today by the Managing Director/Chief Exec...
The National Emergency Management Agency (NEMA) is yet to take delivery of an aircraft 10 years after paying a deposit of N1,054,222,576.00 to an Israeli company, the Auditor General for the Federation (OAuGF) has said. The payment was made in 2010, but no aircraft was supplied as of March 2020, according to an audit report […]
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