CBN also approved the appointment of Remi Babalola as Chairman of FBN Holdings Plc, a subsidiary of FBN.
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Awosika was appointed First Bank Chairman in September 2015, making her one of the first women to hold the esteemed position.
The Governor of the CBN, Godwin Emefiele, who announced the decision, also reinstated the sacked Managing Director/CEO of First Bank, Adesola Adeduntan
Given that Nigeria has been one of the largest cryptocurrency markets in the world over the last few years, this sent shockwaves not just through the Nigerian crypto community, but the global crypto community
The Financial Literacy Day is a day set aside by the Central Bank of Nigeria with the aim of instilling healthy financial practices and skills in children for them to have a secure future.
The apex bank gave the order in a circular signed by its Director of Currency Operations Department, Ahmed Umar.
As the COVID-19 pandemic has negatively impacted crude oil prices, leading to significant decline in government revenues and foreign exchange earnings, it has become expedient now more than ever before to diversify and create new trade opportunities for Nigerians.
Sen. John Akpanudoedehe, the National Secretary of APC Caretaker and Extra-ordinary Convention Planning Committee, made the call in a statement on Sunday in Abuja.
At a recent programme in Benin, Obaseki had raised the alarm that oil revenue was shrinking and this made the government to print about N60 billion to augment allocation shared to states in March this year. He also wondered at the increasing debt burden hanging over the nation.
As he spoke, I placed him side by side all the presidents after him, in terms of depth and commitment to the Nigerian nationhood and I shook my head. To place him side by side President Muhammadu Buhari, for instance, would be a criminal comparison. Whoever attempted it should be tied to the stakes and shot
The bank in a circular stated that it is expedient to enrol these institutions on the platform as part of its efforts to promote a safe and sound financial system in the country.
Emefiele’s response came at the end of a facility tour of Dangote Sugar plantation in Awe, Nasarawa State on Thursday.
The Managing Director of BoI, Olukayode Pitan, said this in a statement on Thursday.
They made the pledge at a Business Dinner with the theme: “Audacious – the African Project,” which featured the unveiling of Tatsuniyya, a cartoon series about African culture in Abuja.
An online newspaper, The Gazette, had claimed that the agency’s “flagship Anchor Borrowers’ Programme” and its Chief Executive, Aliyu Abdulhameed, had been enmeshed in endemic graft, which has all but run down the commercial agriculture scheme.
A statement on Thursday in Abuja by Chief Kayode Odunaro, Media Adviser to the Chairman, Senate Committee on Finance, Solomon Adeola (APC- Lagos), said Adeola made the call at an investigative hearing on revenue remittances by Ministries, Department and Agencies in Abuja.
He also hailed the State Government and some of the old boys of the school for contributing positively to the development of the school.
The command’s Spokesman, DSP Toochukwu Ikenga, confirmed the fresh arrest in a statement in Awka on Thursday.
The Professor of econometrics, who is also an aspirant in the November 6 governorship election in Anambra, was meeting with youths at Isuofia community when the gunmen stormed the area and opened fire.
Godwin Emefiele, the Governor of CBN, obviously has grown more grey hairs trying to contain the dollar scarcity. It’s important that he does so. Any time Nigeria’s forex liquidity is challenged, the economy takes a shellacking.