A forged document caused concern among users of a fintech company. The document falsely claimed the company was ending its operations. An investigation was launched after the company submitted a formal petition. This petition sought immediate action against those responsible for creating and spreading the fake document.
The petition was filed on August 31, 2026. It was submitted through a specific office in Abuja. A woman, 27 years old, was arrested in connection with the case. Further details about the arrest and investigation are available.
By Rosemary Iwunze Following the conclusion of the insurance industry recapitalisation exercise, the sector is now expected to protect Nigeria’s manufacturing sector against costly industrial risks. It is also expected to have significant implications for manufacturers whose oper...
The Nigerian Financial Intelligence Unit (NFIU) has called on banks, insurance companies, fintech firms, Virtual Asset Service Providers (VASPs), and other financial sector stakeholders to support a new Public-Private Partnership (PPP) framework aimed at strengthening Nigeria’s f...
By Godwin Oritse The Nigerian Navy has warned that the unregulated deployment of unmanned vessels for maritime surveillance could pose serious security risks to the nation’s maritime domain, calling for the development of an appropriate legal framework to regulate their use. Spea...
By Udeme Akpan The planned Initial Public Offering (IPO) of Dangote Petroleum Refinery offers Nigerians a rare opportunity to move from being mere consumers of petroleum products to becoming shareholders in one of the country’s most strategic industrial assets. President and Chie...
The Kano State governorship candidate of the Nigeria Democratic Congress (NDC), Comrade Aminu Abdussalam Gwarzo, has condemned the gruesome murder of social media critic, Ibrahim Khalil Dan Shagamu, in the Gaida area of Kumbotso Local Government Area of Kano State. Gwarzo describ...
The naira opened Thursday, September 10, 2026, on a firmer footing in the Nigerian Foreign Exchange Market (NFEM), while the currency continued to trade at a weaker level in the parallel market. Available market data put the official dollar-to-naira rate at about ₦1,322.72 per US...
By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to sanction companies awarded flare gas sites under the Nigerian Gas Flare Commercialisation Programme (NGFCP) if they fail to make significant progress in utilising the sites. Th...
By Peter Egwuatu LAGOS: Dangote Cement Plc has notified the Nigerian Exchange Limited, NGX, and the investing public of a recent share transaction by one of its insiders. The disclosure was made in compliance with the NGX post-listing rules governing transactions by directors and...
By Ibrahim Hassan-Wuyo KANO: The Kano State governorship candidate of the Nigeria Democratic Congress, NDC, Comrade Aminu Abdussalam Gwarzo, has condemned the reported killing of social media critic, Ibrahim Khalil Dan Shagamu, in Gaida, Kumbotso Local Government Area of the stat...
Ani Iniedu, the police spokesperson, disclosed at a press conference in Abuja on Wednesday that the suspect was arrested after a forensic investigation. The post Police arrest suspect over fake shutdown report targeting OPay appeared first on Premium Times Nigeria ....
ABUJA: Former Vice-President and presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has described the Federal Account Allocation Committee, FAAC, disbursements to the three tiers of government as an “illusion”, arguing that rising nominal allocations ...
Saeed Ibrahim, Director of Sustainable Impact at the Private Infrastructure Development Group (PIDG), says Nigeria remains a priority market for the organisation despite the country’s economic and foreign exchange challenges, with opportunities to scale infrastructure financing, ...
