Tag Archives: funds

Former President Donald Trump’s campaign has filed a complaint with the Federal Election Commission claiming the transfer of funds from the Biden reelection campaign to the Harris presidential campaign is a violation of campaign finance rules. The complaint is filed against Mr. Biden, Harris, the Biden campaign, and campaign treasurer …

Premier League club, Manchester United are reportedly willing to sell seven players this summer to help raise funds for further signings before the end of the transfer window.      Erik ten Hag’s side have already splashed £88m this summer on the additions of striker Joshua Zirkzee and defender Leny Yoro.   …

The Central Bank of Nigeria (CBN) has mandated banks and other financial institutions to transfer unclaimed balances and funds from dormant accounts to accounts held by the apex bank.   The CBN has also released regulatory guidelines for account holders and beneficiaries to reclaim funds that have been dormant for …

The Supreme Court has declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations.    In a lead judgement read by Justice Emmanuel Agim held that the apex court observed that the refusal of the state government on financial autonomy for local …

Ogbonnaya told an Ikeja Special Offences Court on Tuesday how Emefiele used the bank to move multimillion naira to his wife. Emefiele is standing trial over abuse of office and alleged $4.5 billion and ₦2.8 billion fraud while in office. Ogbonnaya, the fifth prosecution witness, was led in evidence by …

OPay has delivered reassuring news to its users: all funds are now insured up to 5 million Naira under the Nigeria Deposit Insurance Corporation (NDIC). This move not only underscores OPay’s commitment to financial security but also aligns it with the standards enjoyed by depositors of other commercial banks.   …

The House of Representatives Committee on Women Affairs Social Development has summoned the minister of Women Affairs, Uju Kennedy-Ohaneye, to appear before it on Tuesday, July 9, to explain the alleged diversion of about N1.5 billion meant for payment of contractors.   The chairman of the committee, Hon. Kafilat Ogbara (APC, …

Mutfwang said this on Monday in Jos at the swearing-in of the newly appointed chairman and members of the Plateau State Independent Electoral Commission (PLASIEC). The governor, a former chairman of Mangu Local Government, said he believed that the funds meant for local government councils should be used by that …

The final forfeiture of NOK University and all of its assets has been ordered by a federal high court sitting in Abuja, after it was linked to one Anthony Hassan, a former director of finance and accounts at the federal ministry of health.    The Economic and Financial Crimes Commission …

Members of the NLC and their counterparts in the Trade Union Congress (TUC) had thrown the nation into darkness after shutting down the national grid last Monday due to the minimum wage strike. Addressing the conduct of labour unions on Thursday, Akume had frowned upon the action of shutting the …