Author: InvestAdvocate

Oil cabal shared missing $20b, Sanusi tells New York Times

Suspended Central Bank of Nigeria (CBN) Governor, Lamido Sanusi, recently told New York Times that the $20 billion he accused the state-owned Nigerian National Petroleum Corporation (NNPC) of not remitting was actually shared by a powerful cabal close to government, ahead of next year’s all-important general elections. According to Sanusi, […]

Financial literacy curriculum out next year – CBN

The Central Bank of Nigeria said on Monday that the curriculum that would be used to teach the concept of financial literacy in schools would be released next year. The CBN Director, Consumer Protection Department, Hajiya Umma Dutse, said this during an event to mark the Global Money Week in […]

AIICO Insurance to refund N1.2m to client

A High Court in the Federal Capital Territory, Abuja, has ordered AIICO Insurance Plc to refund N1.23m to a public servant named Gboyega Bello, being the premium paid for a life insurance policy. Justice Maryann Anenih of the Abuja High Court, who presided over the case, also ordered that an […]