Security agencies, the military, the judiciary and the Central Bank have launched a probe into an alleged N125 billion fraud affecting a 24-year concession agreement with the Nigerian Army Shopping Complex - The Arena at the Ikeja Cantonment, Lagos. It was gathered that investigators from the police, Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (Bankers Committee) are separately examining allegations linking a businessman Mr. Whoba Ogo, a lawyer, senior officers of the army, bankers and a security firm, among others, to the crimes.
Banks in Nigeria have announced the stoppage of Naira cards for International online and Point of Sale (PoS) transactions, limiting how much a customer could withdraw from offshore ATMs with dollar cards.
Banks in Nigeria have announced the stoppage of Naira cards for International online and Point of Sale (PoS) transactions, limiting how much a customer
Mohammed, however, assured the management and workers of the Federal Government’s establishment that there would be no job loss within the 15-month renovation deadline, the 21 years under SPV and beyond. The News Agency of Nigeria (NAN) reports that on Feb. 14, a Memorandum of Understanding (MoU) was signed between the Federal Government and Central Bank of Nigeria/Bankers Committee for the revamp and restoration of the National Theatre. Also signed was a N22 billion contract awards for the revamping of the National Theatre as well as the creation of creative and fashion hubs within the premises which will be linked with Lagos Blue Rail line.