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Fraud, Ponzi Schemes And Terror Financing: A Story About Banking In Nigeria

By David Hundeyin, West Africa Weekly There is a problem with Nigerian banking, and it’s worse than you think. Much worse. In May 2022, shortly after my story about Chinese loan sharks in West Africa went up, a number of new tips and leads started trickling in. It looked at first, as though a follow-up story would emerge,

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Breaking News Civic Space Reports

SSS Arrest UNICAL Lecturer In Gestapo-Styled Operation

By Jonathan Ugbal Nigeria’s secret police, the SSS on Sunday, arrested a lecturer at the University of Calabar (UNICAL), Mr. Dennis Inakefe in a gestapo-styled operation. Mr. Inakefe was picked up at about 5:00 AM in his Calabar residence with terrified neighbors shouted at by the operatives who were armed and numbered about six while

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Breaking News Education

Federal Government To Capture Schools’ Security In 2023 Budget

By Odinaka Anudu & Okechukwu Nnodim, Punch Newspaper The Federal Government has promised to include the security of schools in the 2023 budget. Speaking at the safe-school summit organized by the Emergency Coordination Center in Abuja, the Minister of Finance, Budget, and National Planning, Zainab Ahmed, said, “In the 2023 budget, we will make sure

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Breaking News Business & Economy

FG Disburses N1.24tn To 4.21m Enterprises – Report

By Okechukwu Nnodim The Federal Government has disbursed N1.24tn to 4.21 million enterprises through the Bank of Industry in six years, the latest report on disbursements by the bank showed. Data in the report indicated that the disbursements, comprising loans and grants, were received by micro, small and medium enterprises as well as large-scale businesses

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Breaking News Politics

Leaders Should Serve As Role Models For Youths, Says Ita Giwa

By Adeola Ogunlade, The Nation Newspaper A former Senator representing Cross River Southern Senatorial District of Cross River State, Chief Florence Ita-Giwa has called on political leaders to exhibit servant-leadership that is exemplary for today’s youths. Ita-Giwa gave this advice recently at the unveiling of ‘Ini Nnyin Edi Emi’ for the realization of a Governor

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Breaking News Reports

Refuse Heaps Dent Calabar’s Cleanest City Image

Calabar, the Cross River State capital, once reputed as the cleanest city in Nigeria, is currently “at war” with heaps of refuse, competing for space with residents, Ada Wodu of Punch Newspaper writes. For some weeks now, the Cross River State Government has been battling to evacuate heaps of refuse all over Calabar, the State

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Breaking News Investigation Reports

Elephants Are Devouring South Nigerian Farms

By Kehinde Ogunyale Climate Tracker traveled to a southern community in Nigeria and spoke to farmers who considered wildlife migration and conservation a threat to their farming businesses.Having spent his entire life surrounded by forest, Kyrien Ojong (52) considered no other business as good as farming in Bamba community, located in southern Nigeria. All of

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Breaking News Crime Reports

U-Turn: Gov. Ayade Has Not Lifted Ban On Wood Logging

By Patrick Obia and Andy Ukweni As earlier reported, the Government of Cross River State has refuted claims Governor Ayade has lifted the embargo placed on wood logging in the State. This was debunked in a press release issued on Friday by the Deputy Chief Press Secretary, Mr. Linus Obogo, and the Chairman, Cross River

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