Group accuses Taraba Governor of using younger sister, hoax contracts to launder N39b
The Taraba Integrity and Accountability Group Jalingo said massive corruption and looting of Taraba State fund is presently going on ...
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Tag: CBN
CBN extends Naira 4 Dollar Scheme promo
The apex bank disclosed this in a circular signed by the Director, Trade and Exchange Department, CBN, Saleh Jibrin, titled: “Re: Introduction ...
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Rice processors oppose Senate’s directive to Customs on seized Ibadan rice
RIFAN Director-General, Andy Ekwelem, expressed the association’s opposition to the directive at a news conference on Thursday in Abuja.
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N7.5b ‘secret withdrawal’: We don’t have any supporting document, Ministry tells Senate
The Senate had last week given Ministry of Finance, Office of Accountant General of the Federation and Office of National ...
Read moreNigeria’s external reserve sheds $350m in two weeks
According to the latest report released on Monday, May 3, by the apex bank, the reserves, which had been fluctuating, rose from $34.85bn ...
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Honeywell to CBN: We remain committed to repaying loan facility with First Bank
This was disclosed in a statement by the Company Secretary of Honeywell, Yewande Giwa, on Sunday.
Read moreExpert says CBN decision on First Bank will boost investors’ confidence
Unegbu, who is a former Managing Director of the Citizens International Bank, and a past president of Chartered Institute of ...
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Unity Bank sustains growth in profits by 43% in Q1
The Managing Director/Chief Executive Officer of the Bank, Tomi Somefun, disclosed in the Bank’s unaudited Q1-2021 results submitted to the ...
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Soaring profits: How Nigerian banks defied COVID-19 lockdown, by Chinyere Joel-Nwokeoma
To tackle the impact of the pandemic, various governments introduced several policies; Nigeria, and its key organisations, were not left ...
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New Boko Haram faction will bomb Aso Rock, CBN, NNPC, others – Primate Ayodele
The man of God revealed that there is a new set of Boko Haram Terrorists in Nigeria and they are ...
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CBN queries First Bank over alleged management change without approval
The query was contained in a letter dated April 28, 2021, signed by the CBN Director, Banking Supervision, Haruna Mustafa.
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FG says 55% of Nigerians access 12 hours Electricity supply, faults World Bank’s report as inaccurate
A statement released by the Special Adviser to the President on Infrastructure, Ahmad Zakari, stated that it was unclear what ...
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Emefiele tasks varsities, Nigerian youth on agriculture
Emefiele stated this on Friday, April 23, 2021, while delivering a lecture titled: “Jump Starting the Agricultural Revolution: The CBN ...
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CBN and regulatory role of ‘printing money’, by Kadiri Abdulrahman
Speaking at the Edo State Transition Committee stakeholders Engagement, Obaseki had raised concern that the step the apex bank took ...
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Allegation of printing N60b to augment March FAAC false – NEC
Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, briefed State House ...
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Group urges CBN to abolish policy of confiscation of cards withheld by ATM
Aliyu Ilias, Executive Director of the group, said this in a statement on Wednesday in Abuja.
Read moreFG recorded 12.8% revenue decline in January— CBN
According to the Central Bank of Nigeria (CBN) monthly economic report, the government’s revenue fell below its benchmark, owing to ...
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APC governors disown Obaseki over allegation of currency printing
The forum in a statement by its chairman, Gov.Abubakar Bagudu of Kebbi on Sunday in Abuja, said Obaseki’s claims did ...
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Obaseki’s claim on printing of N60b is false, says Minister
Describing the governor’s claim as very sad, the minister explained that the money being shared monthly at FAAC is revenue ...
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Missing $9.5m: Senate gives CBN Governor 72 hours ultimatum to appear
The principal sums deposited, the tenor and rate of interest were shrouded in secrecy, according to the Senate panel chaired ...
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