ALO360

Nigerians Abroad Can Now Obtain National Identification Number Through Overseas Centres

The National Identity Management Commission said Nigerians living outside the country could now obtain their National Identification Number through accredited enrolment centres abroad. As reported by ALO360, the commission eliminated the need for citizens to travel home for registration. Statement Details the Change The commission disclosed the information in a statement. Officials added that the…

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CBN Mandates Automated AML Systems to Strengthen Financial Crime Detection in Nigeria

The Central Bank of Nigeria has introduced new technology-driven regulations requiring banks and financial institutions across Nigeria. To deploy automated anti-money laundering AML systems in a major move to strengthen the detection of suspicious financial transactions. The directive is part of the regulator’s broader effort to modernize the country’s financial monitoring framework. Also and curb…

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End of an Era: Shoprite Shuts Down All Operations in Nigeria After Nearly 20 Years

Africa’s largest retail chain, Shoprite Holdings, has officially shut down all its operations in Nigeria, bringing an end to almost two decades of business activity in the country. The South African retail giant first entered the Nigerian market in 2005. Also quickly becoming one of the most recognizable supermarket brands across major cities. However, after…

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EFCC Grills Federal High Court Chief Judge Tsoho for Hours Over 160,000 Found With Wife

EFCC interrogates Justice John Tsoho following interception of spouse with large cash sum en route to Benue State amid separate asset declaration probe EFCC Questions Chief Judge Operatives of the Economic and Financial Crimes Commission interrogated Justice John Tsoho, the Chief Judge of the Federal High Court, for several hours on Tuesday. The questioning focused…

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World Bank Praises Nigeria’s Economic Reforms, Says Country Set for New Growth Phase

The World Bank has commended the government of Nigeria for its recent economic reforms. Noting that the measures have helped stabilise the nation’s economy and lay the foundation for long-term growth. According to the global financial institution, the reforms are positioning Nigeria on a new economic trajectory. Which could lead to increased job creation, improved…

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