CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
In a surprising turn of events, former Benue State Governor Samuel Ortom urged Yahaya Bello, the immediate past governor of Kogi State, to surrender himself to the Economic and Financial Crimes Commission (EFCC) amid ongoing corruption investigations. Ortom's statement comes after Bello's recent absence from court hearings related to the EFCC probe.
Nigerian lawyer Mike Ozekhome has distanced himself from a fabricated social media post that claimed he criticized the EFCC's pursuit of corruption charges against Kogi State Governor Yahaya Bello. Ozekhome called the statement "a lie from the pit of hell.
CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
Foreign Affairs Minister Bianca Odumegwu-Ojukwu says the recent anti-foreigner protests in South Africa claimed no Nigerian lives, though two citizens died in separate, unrelated incidents.