ToBeCandidUpdate™

President Muhammadu Buhari has said that the ongoing war against corruption is not selective but aimed at ensuring financial and economic discipline in the country.

Nigeria lost about $15 billion to fraudulent and corrupt practices in security equipment spending during the last administration of Goodluck Jonathan, Vice President Yemi Osinbajo has said.

Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that period.

Dubai-based Emirates Vacation Club (EVC) has allegedly scammed about 2,000 Nigerians through dubious investment.

                                Mohammed Balarabe The Board of Directors of Fidelity Bank Plc has appointed the Executive Director, North, Alhaji Mohammed Balarabe, as the Acting Managing Director/Chief Executive of the bank with immediate effect subject to regulatory approval.

According to World Bank Group’s ‘Doing Business Report’, it’s harder to do business in Nigeria now than it was a year ago, in 2015. The report revealed that although Nigeria climbed higher on the ease of doing business ladder, actual implementation and carrying out of business has irrespective of the rating become harder.