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Loan Repayment deduction after Several Months causes uproar.

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Avwunu Felicia Omozele, a civil servant based in Edo, has expressed frustration as she claims that Credit Direct deducted a portion of her salary claimed as unpaid loan without her consent. According to Omozele, deductions were made from July to September and in November 2023, totaling ₦38,905 per month and amounting to ₦155,620 over the … Read more

FG to commence disbursement of presidential loans and grant for small scale businesses

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The federal government announced that it will launch two programs aimed at mitigating the effects of removing fuel subsidies. The first program, called the Presidential Conditional Grant, will provide a grant of N50,000 to small businesses in all 774 local government areas. Eligible beneficiaries will need to provide proof of address and personal and bank … Read more

CBN Confirms Old and New Naira Notes as Legal Tender Nationwide

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In response to mounting concerns surrounding the legal status of old Naira notes, the Central Bank of Nigeria (CBN) has officially clarified that both old and new Naira banknotes remain legal tender throughout the country. This statement comes as a response to earlier deadlines set by the previous administration, which had caused widespread uncertainty among … Read more

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NGX Soars to Second Place in African Markets with Trillion-Naira Gains

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In the period spanning from June to August 31, the Nigerian Exchange Limited (NGX) exhibited remarkable financial prowess, accumulating substantial gains amounting to 16.388 trillion Naira. This financial achievement positions NGX as the second-best-performing exchange market across the African continent over the past three months, with the Ghana Stock Exchange taking the lead. Analyzing the … Read more

Highlights of Nigerian Newspaper: 5 Things You Need to Know Today, Sunday, 3rd September, 2023

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Good morning! Here is today Highlights of Nigerian Newspaper  from  Tell Vibes. Lets begain: 1. Edo Political Drama Continues: Deputy Governor’s Office Relocated in Surprise Twist. In a surprising twist, the Edo State Government has relocated the deputy governor’s office from the government house to a new location at 7 Dennis Osadebey Avenue, near the … Read more

Customs officials discover 1,245 live bullets hidden in rice bags.

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No fewer than 1,245 live cartridges were discovered by the Nigerian Customs Service (NCS), Ogun Area 1 Command, hidden inside some bags of rice. The arrest was made in the Tobolo community near Ijoun in Ogun State’s Yewa North Local Government Area. Bamidele Makinde, the Area Controller, announced this at a press conference in Abeokuta, … Read more

Two Yahoo youngsters sentenced to jail for Fraud.

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Justice Mary Itsueli of the Edo State High Court, sitting in Benin City, found Yahoo fraudsters Kelvin Ifeanyi Aneke and Leonard Emmanuel Osaretin guilty of fraud and sentenced them to prison. The Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, charged them each with a single count of unauthorized possession of false … Read more

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