24th CRMI International Conference: Shettima, Ugwuoke, Cardoso, Edun, Push for Home-Grown Risk Solutions

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Vice President Senator Kashim Shettima has called on the African Union (AU), African Development Bank (AfDB), and Afreximbank to support the efforts of the Chartered Risk Management Institute of Nigeria (CRMI) in tackling the growing wave of global risks confronting Africa. Speaking at the 24th International Conference of CRMI in Lagos, the Vice President, represented by the Technical Adviser to the President on Economic and Financial Inclusion, Dr. Nurudeen Zauro, emphasized the need for strengthened continental collaboration in addressing risks ranging from climate change and cybersecurity to pandemics, terrorism, and…

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NLC Demands Review of ₦70,000 Minimum Wage, Says It No Longer Sustains Workers

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  The Nigeria Labour Congress (NLC) and senior civil servants have called for an urgent review of the national minimum wage, arguing that the current ₦70,000 benchmark has been eroded by inflation and rising living costs. Their demand comes as several states across the country have increased workers’ pay beyond the federal minimum, citing the harsh economic realities facing households. President Bola Tinubu signed the new National Minimum Wage Act into law in July 2024, raising the threshold from ₦30,000 to ₦70,000 for workers in the federal, state, and private…

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NDLEA Arrests Deportee from Dubai for Drug Trafficking

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The National Drug Law Enforcement Agency (NDLEA) has dismantled a transnational drug cartel operating between Nigeria, the United Kingdom, Brazil, Australia, and the United Arab Emirates, intercepting a major cocaine consignment at the Murtala Muhammed International Airport (MMIA), Lagos. The breakthrough followed a two-week intelligence-led operation that led to the arrest of three suspected kingpins in Lagos and the seizure of narcotics worth an estimated N5.3 billion. According to the NDLEA, the operation began on Tuesday, August 26, 2025, when officers at the airport’s export shed intercepted 76 cartons of…

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Ex-Lover Stabs Interior Designer to Death in Lagos

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A young interior designer, Deborah Moses, popularly known as Deb’rah Porsche, has been killed in Lagos by her former boyfriend, months after she ended their relationship. The incident occurred late Wednesday night inside her residence, sending shockwaves through her community and sparking outrage from family members, neighbours, and rights activists demanding justice. Police sources confirmed the case, which was first reported at the Oko-Oba Division, has now been transferred to the State Criminal Investigation Department (SCID), Panti. According to eyewitness accounts, the suspect disguised as a dispatch rider to gain…

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EFCC Declares Sujimoto CEO Olasijibomi Ogundele Wanted for Alleged Fraud

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The Economic and Financial Crimes Commission (EFCC) has declared Mr. Olasijibomi Ogundele, chief executive officer of Sujimoto Luxury Construction Limited, wanted over allegations of fraud and money laundering. In a public notice issued on Friday, the anti-graft agency accused the Lagos-based businessman of diverting funds and engaging in illicit financial activities. According to the EFCC spokesperson, Dele Oyewale, Ogundele, 44, hails from Ori-Ade Local Government Area of Osun State. His last known residence was listed as G29, Banana Island, Ikoyi, Lagos. The Commission urged members of the public with information…

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FirstBank Unveils FirstMonie Merchant Solution to Boost Digital Payments Nationwide

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First Bank, Nigeria’s leading financial institution and provider of financial inclusion services in West Africa, has launched the FirstMonie Merchant Solution, a new digital platform aimed at strengthening payment systems and driving financial inclusion across the country. The product is designed to help merchants and businesses of all sizes seamlessly accept digital payments, offering features such as instant settlement, automated onboarding, integrated referral systems, and flexible pricing options. It also provides pre-configured POS terminals, a network dashboard for real-time monitoring, and tools for dispute resolution and complaint management. Speaking at…

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Comedian Ali Baba evicted from Victoria Island property after court nullifies AMCON sale

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  Popular comedian Atunyota Alleluya Akpobome, popularly known as Ali Baba, has been evicted from his Victoria Island property following a Federal High Court ruling that nullified the sale of the estate by the Asset Management Corporation of Nigeria (AMCON). On Thursday, August 28, 2025, court bailiffs executed a writ of possession at No. 324A Akin Ogunlewe Street, Victoria Island, in accordance with an order issued by Justice Ambrose Lewis-Allagoa on August 15, 2025. The property, which previously housed Ali Baba’s XQZMOI TV studios, has now been returned to the…

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Overwork Claims Life of RSUTH Doctor on 72-Hour Duty

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  Tragedy struck at the Rivers State University Teaching Hospital (RSUTH), Port Harcourt, following the sudden death of a young resident doctor, Dr. Oluwafemi Rotifa, who reportedly collapsed after a marathon 72-hour call duty. Rotifa, popularly known as “Femoski” among colleagues, was said to have been the only doctor attending to patients at the Emergency Room for three consecutive days before retreating to the call room to rest. He reportedly slumped there and could not be revived, despite efforts at the Intensive Care Unit. Until his death, the late doctor…

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Sterling Bank Celebrates One Year of Africa’s First Core Banking Innovation

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      Number one Best Workplace in Banking in Nigeria and recognised as Africa’s most agile company, Sterling Bank Limited celebrated the first anniversary of SeaBaas, the revolutionary core banking system designed and built in Africa. In just twelve months since its go-live, SeaBaas has processed over 2 billion transactions, reduced processing times by about 60%, and driven a 66% surge in customer adoption, setting new benchmarks for scale, efficiency, and reliability in financial technology. Since launch, the platform has powered Sterling’s digital ecosystem, OneBank, SterlingPro, Switch, Specta, and more,…

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Veteran Actress Peju Ogunmola Loses Only Son

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The Yoruba film industry has been thrown into mourning following the death of Shina, the only son of veteran actress, Peju Ogunmola Omobolanle. Shina, who recently completed his National Youth Service Corps (NYSC) programme, was the son of Ogunmola and her husband, renowned comic actor Sunday Omobolanle, popularly known as Papi Luwe. The tragic news reportedly reached the 56-year-old actress while she was on a movie set, leaving her and the family devastated. Tributes have continued to pour in from colleagues, friends and fans, who described the loss as a…

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