Category : Search result: bank penalty


Senate Approves Death Penalty for Kidnapping

Nigerian Senate classifies kidnapping as terrorism, imposing mandatory death penalty. Recent abductions in Kano, Niger, Kwara, and Kebbi states highlight urgent security crisis.

Senate okays death penalty for kidnappers

Nigerian Senate calls for death penalty for kidnappers and firearms law review to combat rising insecurity in Kwara, Kebbi, and Niger States. Urgent federal intervention demanded.

Naira Recovers Against Dollar as FX Reserves Soar

Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.

US Lawmaker Seeks Pardon for Nigerian Farmer

US Representative Riley Moore urges Nigeria to pardon Sunday Jackson, sentenced to death for killing a Fulani militant in self-defense. Read about the international outcry.

GrabrFi Offers US Bank Accounts to Nigerian Freelancers

Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.

Court Vacates Nestoil Receivership Orders

Federal High Court nullifies previous receivership orders against Nestoil and Neconde. Justice Osiagor to hear case de novo starting November 20, 2025. Read the latest developments.

FG Demands Death Sentence for Nnamdi Kanu

Federal Government asks court to impose death penalty on IPOB leader Nnamdi Kanu following terrorism conviction. Sentencing expected today by 4:50pm.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

NCAA fines Qatar Airways N5 million for violations

Nigeria's aviation authority imposes N5 million fine on Qatar Airways for repeated consumer protection breaches and failure to respond to investigation letters. Learn more about the regulatory action.

Nigeria aims to cut $18M lapsed loans by 61%

Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.

Libyan FA Trolls Nigeria Over World Cup Failure

Libyan Football Association takes subtle jab at Nigeria after Super Eagles miss 2026 FIFA World Cup qualification. Details on the penalty shootout loss and airport saga that sparked the rivalry.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

DR Congo end Nigeria's 2026 World Cup hopes

Nigeria's Super Eagles were eliminated from 2026 World Cup qualifying after a dramatic penalty shootout loss to DR Congo. Read the full match report and analysis here.

Page 2 of 4