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Land Use Act detrimental to mortgage financing – CBN

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has identified various bottlenecks hindering genuine investors and by extension free flow of funds into the mortgage sector.

IPOB: Parable of the stubborn fly

Today, how pathetic that lieutenants of the absconding coward who yesterday spoke the language of thunder, evoking the imagery of bloodshed and Armageddon, are suddenly defending that “IPOB is non-violent”.

Most horrendous crimes financed by corruption – Magu

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has disclosed that most crimes militating against humanity are perpetrated using proceeds of corruption.

Central bank to punish banks for forex infractions

This is even as the apex bank sustained its intervention in the various sectors of the inter-bank foreign exchange market with the injection of $545m.

Illegal dollar evacuation to Dubai threatens naira stability – Gwadabe

Alhaji Aminu Gwadabe, the President of Association of Bureaux De Change Operators of Nigeria (ABCON), says consistent evacuation of dollars illegally from Nigeria to Dubai is a threat to stability of the naira.

Central bank to sanction erring banks over retail forex

Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank (DMB) which fails to comply with its directive to open teller points for retail forex transactions.

Statistics essential for Nigeria’s economic growth – Adeosun

The Minister of Finance, Mrs Kemi Adeosun, on Monday said that accurate statistics was vital in the fight against corruption and achievement of the Federal Government’s economic recovery and growth plan.

How central bank stabilised naira, raised reserves to $33bn

Central Bank of Nigeria (CBN) has revealed how it arrested the free fall of the naira when it appeared that all was lost early in 2017 with the currency dropping to as low as 500 units to the United States dollar in February.

October deadline for 2018 budget submission to NASS sacrosanct – Presidency

Sen. Ita Enang, Special Adviser to President Muhammadu Buhari on National Assembly Matters (Senate), said submission of 2018 Appropriation Bill to the National Assembly in October was sacrosanct.

Sanusi blames NIPPS for failure of national policies, seeks real change

The Emir of Kano, Muhammad Sanusi II, yesterday indicted Nigerians who passed through the National Institute for Policy and Strategic Studies (NIPSS) for contributing less to national policies and development of the country.

Many Free Trade Zones now smuggling routes –Ali

The Comptroller General, Nigeria Customs Service, Col. Hameed Ali, (retd.) has sounded a note of warning to those engaged in activities going in the Export Processing Zones in the country, saying that the zones have become routes for smugglers.

Central bank laments drop in financial inclusion growth

The Central Bank of Nigeria (CBN) has expressed worry about the drop in the country’s financial inclusion growth rate. It claimed that several bank accounts had become dormant owing to lack of disposable income.

Zamfara govt’s accounts frozen over alleged N600m debt

Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted an order freezing the accounts of the Zamfara State Government in 20 banks in the suit No. FHC/ABJ/CS/728/17.

Fed govt lost N70bn to failed banks – Idris

The Accountant-General of the Federation, Alhaji Ahmed Idris, on Thursday said over N70bn of funds belonging to the Federal Government had been lost to failed banks in the country.

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Nigeria look to woo England starlet Abraham

Nigerian Football Federation chief Amaju Pinnick said on Wednesday he has had "a positive meeting" with Tammy Abraham as he tries to persuade the England Under-21 starlet to switch allegiance to the Super Eagles.

Rival protests in Togo as government blasts street ‘coup d’etat’

Thousands thronged the streets of Togo's seaside capital Wednesday after the ruling party asked supporters to march at the same time as planned opposition protests demanding the removal of President Faure Gnassingbe, the scion of Africa's oldest political dynasty.

Rashford as good as Mbappe, Dembele – Neville

Phil Neville believes Marcus Rashford can be world-class and is as good as Kylian Mbappe and Ousmane Dembele.

Land Use Act detrimental to mortgage financing – CBN

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has identified various bottlenecks hindering genuine investors and by extension free flow of funds into the mortgage sector.

Female lawyer arrested for torturing adopted daughter

A female lawyer, Elizabeth Agboje, who allegedly tortured her adopted daughter, was among some suspects paraded on Wednesday at the Rivers State Police Command in Port Harcourt.

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Southeast leaders, Islamic group seek peace as Igbos close shops in Kaduna

Igbo leaders, Islamic groups and socio-cultural organisations in Kaduna yesterday appealed to the people of the state and the North to maintain peace and order in their domains.

Ijaw people most marginalised in Nigeria – Dickson

Governor of Bayelsa State, Mr. Seriake Dickson, yesterday declared that the Ijaw people of the Niger Delta remain the most unfairly treated in the entire country.

Inadequate structures, poor funding impede sports devt – Igali

Dr Daniel Igali, President, Nigeria Wrestling Federation (NWF) has identified inadequate structures and poor funding as the major factors impeding sports development in the country.

IPOB: Kanu supported Nigeria’s unity under Jonathan – Lai

Lai Mohammed, minister of information, says Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), supported the country’s unity under former President Goodluck Jonathan but “suddenly turned into a monster”.

Equities appreciate by N70bn despite 22 losers

The Nigerian equities market advanced by N70bn at the close of trading on the floor of the Nigerian Stock Exchange on Thursday notwithstanding depreciation in 22 stocks.