The Latest

Mohammed Umar steps in as EFCC’s acting chairman

byTayo Aderinola
08/07/2020
1 minute read
Mohammed Umar steps in as EFCC’s acting Chairman
Total
0
Shares
0
0
0

The Head of Operations at the Economic and Financial Crimes Commission (EFCC), Mohammed Umar, has resumed as the acting chairman of the agency.

Until his assumption, Umar, a Deputy Commissioner of Police, was the second most senior official at the agency.

It was gathered that there was a push from some quarters in government for the Secretary of the EFCC, Ola Olukoyede, to be appointed as acting chairman pending the completion of the ongoing probe of the former acting chairman Ibrahim Magu or the appointment of a new helmsman.

However, the move met with stiff opposition and couldn’t succeed because Olukoyede is a civilian.

There were also reports on Wednesday afternoon that the Commissioner of Police, FCT Command, Bala Ciroma, had been pencilled in as the new chairman of the agency.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More
2 minute read

Lagos shines at Jabamah Tourism Expo, receives three awards

The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, was recognised as the Tourism Governor of the Year 2020 and Best Governor of the Year, respectively, by the organisers of the just concluded Jabamah - the Wonders of Nigeria Tourism Expo 2021 - over the weekend in Abuja.
byTayo Aderinola
30/03/2021
Read More
5 minute read

FirstBank’s ₦1 Trillion Digital Loan Disbursement Milestone and the New Era of Inclusive Lending in Nigeria

For decades, Nigeria's credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the script. With the launch of its digital lending model, the bank eliminated collateral requirements and slashed approval times from weeks to under five minutes. Loans now flow through multiple channels including *894# (the Bank’s USSD service), FirstMobile, LitApp, and the FirstMonie agent network, reaching market traders, civil servants, rural farmers and everyday individuals.
byTayo Aderinola
01/09/2025