No Owner Yet For $43.45m Cash Seized From Ikoyi Apartment, Lagos State

  The record $43.45m  cash haul ever seized by the Economic and Financial Crimes Commission may well be a manna from the heavens for the Nigerian government. Forty eight hours after, no one has come out to claim the money. All the three persons speculated as possible owners have all denounced the claims. Esther Nnamdi-…

BDCs vindicated by discovery of money in Lagos, says Gwadabe

Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON) said that the discovery of huge sums of money in Lagos has vindicated its members. In an interview with the News Agency of Nigeria (NAN) on Friday in Lagos, Gwadabe said that ABCON was saddened by the development, but added that……

AGAIN, EFCC Uncovers Another Massive Stash of Monies in Lagos Apartment

The Economic and Financial Crimes Commission (EFCC) on Wednesday uncovered yet another stash of foreign currencies and Naira notes in Lagos. At the end of counting, the sums stood at 43.4 million dollars, £27,800 and N23.2 million, the commission said in a statement on its Facebook page. This time, the monies were found in a…

EFCC uncovers another massive stash of monies in Lagos apartment

The Economic and Financial Crimes Commission (EFCC) on Wednesday uncovered yet another stash of foreign currencies and Naira notes in Lagos. At the end of counting, the sums stood at 43.4 million dollars, £27,800 and N23.2 million, the commission said in a statement on its Facebook page. This time, the monies were found in a……

EFCC discovers $38m, N23m in Ikoyi, Lagos

The Economic and Financial Crimes Commission has discovered another large sum of money in a house in Ikoyi, Lagos. According to the EFCC, operatives from its Lagos Zone found the cash during a sting operation. The PUNCH reports that the operatives uncovered about $38m, N23m and £27,000 from the apartment located in the Ikoyi area……

BREAKING: Over N400m Found Hidden in A Plaza in Victoria Island

The Economic and Financial Crimes Commission, Lagos zone, this evening uncovered yet another large sum of suspected laundered money to the tune of N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) only in a shop at LEGICO Shopping Plaza, Ahmadu Bello Way, Victoria Island, Lagos. The money stashed in several…

Deposits in SunTrust Bank grows by 432% to N4.2bn

As a sigh of absolute confidence in the Management of the technology-driven new bank; SunTrust Bank, its customers increased deposits in the bank by a whopping 432 per cent, making it possible for the bank to declare an impressive profit before tax of N343 million, an increase of 160.3 per cent over the N131.9million reported……

Central Bank of Nigeria Releases Telephone Line to address Forex issues

    (VON) The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange by banks for medical bill and school fees. CBN also released email address for immediate complaint against any commercial bank that denies a customer access to foreign exchange. The customers have been…

I Make More Money Off Music Than Anybody In Nigeria – Brymo

Nigerian singer, Brymo has sparked media outrage yet again as the singer has claimed he makes more money from his music than any other Nigerian singer. The singer who had been in several online controversies with fans in a recent chat revealed why his album names tend towards the ‘raw’ themes. Speaking during the recent……

CBN:There is Adequate Forex for PTA, BTA, Tuition & Medical Fees

There is Adequate Forex for PTA, BTA, Tuition & Medical Fees Information reaching the Central Bank of Nigeria (CBN) reveals that some customers seeking to buyforex for BTA, PTA, medical and school fees are being frustrated by some banks with the false claim that the CBN is not allocating enough forex to them for BTA,…

Paris Club Refund: 8 LGAs shares N1.3bn in Bayelsa State

The eight Local Government chairmen in Bayelsa on Friday confirmed receiving N1.3 billion share of the Paris Club refund from the N14.5 billion remitted to the state by the Federal Government. President Muhammadu Buhari had on March 23 approved the disbursement of the second tranche of the Paris Club loan refunds to states that had…