Spread the love The Central Bank of Nigeria (CBN) has responded to claims that it has depreciated the naira to approximately 630 naira to a dollar. Dr. Isa Abdulmumin, the bank’s acting head of corporate communications, called it…
Read More
Spread the love The Central Bank of Nigeria’s (CBN) naira redesign policy would be revisited, according to President Bola Ahmed Tinubu. This was said by the president during his inauguration address yesterday in Abuja, the Federal…
Read More
Spread the love The House of Representatives amended the Central Bank of Nigeria Act to increase the apex bank’s maximum lending ceiling to the federal government from 5% to 15%. The change was made at a…
Read More
Spread the love The operation licenses of microfinance banks (MfBs), primary mortgage banks (PMBs), and financing firms have been withdrawn by the Central Bank of Nigeria (CBN), the regulatory body announced. According to Abu Noruwa, a…
Read More
Spread the love Aliko Dangote, the richest man in Africa, has described how, in 2006, he was unable to purchase Brownfield Refineries under the Federal Government’s Privatization Program. This was revealed by Dangote on Monday in…
Read More
Spread the love Nigeria’s Chartered Institute of Taxation has urged for a comprehensive review of the nation’s international tax laws in order to create a framework that will boost tax collections there. The 25th annual tax…
Read More
Spread the love The minority shareholders of Union Bank of Nigeria (UBN) have been ordered by the Federal High Court to vote on the N7 per share acquisition offer from Titan Trust Bank Limited. Union Bank…
Read More
Spread the love Banks and other financial institutions have been given 30 days by the Central Bank of Nigeria (CBN) to terminate accounts without Bank Verification (BVN). As of April 8, according to information from the…
Read More
Spread the love The stock market has been buzzing with patronage from high-end investors in the past weeks, and recently, Herbert Wigwe and Paul Otedola made a visit to the bourse. According to a corporate Document…
Read More
Spread the love President Muhammadu Buhari has asked the senate to approve a request to borrow $800 million from the World Bank. The president said the funds would be used to finance the National Social Safety…
Read More
