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Okowa Speaks: Returns $1 Billion to Delta Govt as EFCC Investigation Begins
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Former Delta State Governor Ifeanyi Okowa has refuted rumors alleging he returned ₦500 billion to the Delta State government during an EFCC probe. Okowa’s representative stated that the inquiry is still underway and no funds have been returned. The EFCC has pledged to keep investigating the ex-governor, while Okowa’s team maintains his innocence. The…
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Why Financial Institutions Must Step Up as Today’s Consumers Get Savvier
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Editor’s Note: This engaging piece features Absa Bank Kenya’s head of consumer banking who emphasizes that financial organizations need to be alert regarding how they deliver their services to clients. According to his viewpoint, those times have passed where customers cared only about basic quality. Providing superior customer service is now crucial. This change…
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Chinese Shoppers Spend Avg. $79 Per Person This Holiday Season
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During the May Day holiday, Chinese travelers increased their expenditures by 8% compared to the previous year, reaching 180.27 billion yuan (approximately US$24.92 billion). However, this figure remained below pre-pandemic levels. Additionally, China’s service sector experienced growth at its lowest rate in seven months throughout April. The May Day holiday, one of the country’s…
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EFCC Interrogates Iyabo Ojo Over Currency Spraying Scandal at Daughter’s Wedding
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Iyabo Ojo, the Nollywood star and director, has finally spoken out after being invited by the EFCC concerning the incident involving cash sprinkling at her daughter’s recent marriage ceremony. Ojo stated through an Instagram post that she complied with the EFCC’s request and went to their Lagos branch on May 5, 2025, following her…
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Iyabo Ojo Breaks Silence After EFCC Summon Over Naira Spraying Scandal at Daughter’s Wedding
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Iyabo Ojo, a Nollywood star, has acknowledged that she was summoned by the EFCC following reports of money being scattered at her daughter’s wedding ceremony. On May 6, 2025, the actress used her Instagram account to shed light on the events that occurred when she was held by the EFCC on May 5, 2025.…
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Post Office Victims Await Treasury Approval for $10K “Recognition” Payments
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Victims of a second Scandal erupts at the Post Office IT system have awaited over three decades to be compensated for wrongful prosecutions and lost their means of support – but they are still awaiting approval from the Treasury for the payments. A reimbursement plan for sub-postmasters who are thought to have Lost funds…
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AY’s Brush with Scandal: Comedian Confirms EFCC Invitation, Reveals Pardon Details
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Comedian AY has become the most recent Nigerian celebrity to reveal that he received an invitation from the EFCC regarding allegations of naira misuse. The comedian, sharing his personal story, referred to it as an invaluable lesson and elaborated on why the anticorruption agency decided to pardon him. AY’s social media update regarding the…
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Prof Douglas Boateng Presents Two Groundbreaking Books
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… moment set to ignite Africa’s industrial future A significant continental moment occurred when two landmark publications, ‘Compendium of Supply Chain Management Terms’ and ‘Strategic Sourcing and Industrialization,’ were unveiled during an official ceremony held at Exclusive Books within the Rosebank Mall in Johannesburg. Organized jointly with UJ Press from the University of Johannesburg,…
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Asian Currencies Soar: A Crisis Reversed
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A surge in dollar selling across Asia is a worrying indicator for the US currency, particularly as the global leader in exports begins to reconsider the long-standing practice of channeling its substantial trade surplus into American financial assets. The strong performance of the Taiwanese dollar on Friday and Monday has created ripples, leading to…