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Don calls for synergy between banking system, stakeholders

A university lecturer, Prof. Olusegun Ajibola, has called for synergy between the banking system and stakeholders in the economy to enhance Nigeria’s economic growth and development.

Federal govt accuses central bank, others of shielding rogues

Banks and their supervisor, the Central Bank of Nigeria (CBN), have been accused of working to derail the government’s anti-corruption war.

Nigeria’s external reserves will hit $40bn in 2018 – central bank chief

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has predicted that the nation’s external reserves will hit $40bn in 2018.

Central bank announces $40bn external reserves target, releases 2018 economic forecasts

The Central Bank of Nigeria, CBN, has said the regulator may change its monetary policy stance next year from the current tightening position to an easing stand that will see the benchmark interest rate come down from the current 14 per cent.

Monetary policy c’ttee will review interest rate – CBN chief Godwin Emefiele

With a few weeks to the next meeting of the Monetary Policy Committee (MPC), the last for the year, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said there is a high possibility that a downward review of interest rates will be considered in view of declining inflation trend in the economy.

Nigeria’s external reserves hit $34bn – Central bank

The nation’s external reserves have hit $34bn from $33.6bn attained on October 25, the Central Bank of Nigeria has stated.

NDIC charges bankers on financial literacy, consumer protection

The Nigeria Deposit Insurance Corporation (NDIC) has called on bankers in the country to pay more attention on financial literacy and consumer protection issues.

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Boko Haram kills six soldiers in Borno

At least six soldiers died in two separate Boko Haram ambushes in Borno State, military and civilian militia sources said on Monday.

PDP covention: No victor, no vanquished – Uche Secondus

The National Chairman of the Peoples Democratic Party, Prince Uche Secondus, has appealed to all those that contested and lost at the convention not to feel bad, saying there was no victor and no vanquished.

Power plants to generate additional 1,129 mega watts in 2018 – Babatunde Fashola

The Federal Government on Monday announced that when some power generation projects were completed by 2018,they could generate additional 1,129 Mega Watts to the current 7,000 Mega Watts in the country.

Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Tanzanian President John Magufuli pardons child rapists

Children's rights activists have condemned the pardon of two child rapists by the Tanzanian president.

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Arsene Wenger won’t sell players to increase their World Cup hopes

Arsenal manager Arsene Wenger has ruled out the possibility of selling players in January to boost their World Cup hopes.

Why Southwest failed to produce PDP national chairman – Senator Makarfi

Ahmed Makarfi, former Chairman of the Peoples Democratic Party, PDP, Caretaker Committee, on Monday revealed why South West lost at the party’s National Convention.

Oando to undergo forensic audit

The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando Plc, contrary to reports that the exercise stopped due to the suspension of the Director-General of the Commission, Mr Mounir Gwarzo.

Donald Trump tells Palestinian leader Mahmoud Abbas he will move US embassy to Jerusalem

US President Donald Trump has told Palestinian leader Mahmoud Abbas that he intends to relocate the US embassy from Tel Aviv to Jerusalem, according to Palestinian officials.

Nigerians must retake looted public wealth – ASUU

The Academic Staff Union of Universities (ASUU), Nsukka zone, has insisted that it was high time Nigerians rose up to ensure that all of the nation’s public assets that were looted through privatisation, concessioning, Public-Private Partnership (PPP) and the likes were taken back from the looters.