News
CBN Deputy Gov not arrested over $300m fraud–CBN source
The Department of State Services (DSS) has not arrested or detained Ms Aisha Ahmad over allegations of fraud. The Deputy Governor like all others and Directors have been going to EFCC office on invitation. According to those who have knowledge of her daily schedule “the deputy governor was right in her home”. Ms Ahmad is the deputy governor of the Central Bank of Nigeria (CBN) in charge of financial system stability.
Contrary to social media and some media report that she is being detained over the alleged fraudulent acquisition of shares in Polaris Bank, Titan Bank/Union Bank. “Ms Ahmad was invited by EFCC but not detained on how $300 million to complete the acquisition of Union Bank was raised by Titan Bank,” the source said. DSS spokesperson, Peter Afunanya, was not available to respond to comments on Ms Ahmad’s purported arrest as at press time.
-
News2 days agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Finance2 days agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Maritime2 days agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy2 days agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Business2 days agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Agriculture2 days agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Economy17 hours agoDubai’s consumer electronics maker, Maser Group to invest $1.6bn in Nigeria, others
-
Oil and Gas17 hours agoEdo govt, NNPC partner to establish 10,000bpd condensate refinery