The Commerce Africa African Reneissance

The Economic and Financial Crimes Commission has arrested Speaker of the Ogun State House of Assembly, Olakunle Oluomo at the Muritala Muhammad Airport, Lagos State. Our correspondent gathered that Oluomo was arrested over allegations bordering on financial crimes. A staff member at the assembly who pleaded anonymity said the speaker …

The National Insurance Commission, NAICOM, says it got approval to purchase an unfinished property for the NAICOM Academy and office accommodation. The management of the Commission disclosed this in a statement obtained by Voice of Nigeria in Abuja. While rebutting claims of irregularities published in some media, in which the …

Pressure on the Nigerian reserves has forced it to shed $203.9m in August, despite crude prices above the country’s budget benchmark. Reserves fell 0.51 per cent to $39.015bn as of August 30, 2022 according to the movement of reserves data of the Central Bank of Nigeria, By July ending this …