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The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by Imo Government should not be made absolute, had denied overseeing the state’s accounts.
Governor Mohammed Badaru Abubakar of Jigawa State, has chosen Umar Namadi, as his running mate in 2019.
Nigerians who sell new naira notes or spray cash at parties will now be tried at mobile courts and sent to six months jail as the Central Bank of Nigeria (CBN) mulls increasing the number of items on the not eligible for foreign exchange.
To curb the hawking and reckless abuse of the Naira, the Central Bank of Nigeria (CBN) is working with the law enforcement agencies, the judiciary and the Federal Ministry of Justice to set up mobile court that will try the Naira offenders on the spot.
The 30 days moving average of the Nigerian external reserves was down to a five – month low dropping to $46.37 billion, the lowest level since March this year.
The Central Bank of Nigeria (CBN) says it will support banks to enable them to give loans to players in the agricultural and manufacturing sector at a single digit interest rate.
The Central Bank of Nigeria (CBN), has come up with fresh incentives for importers as it seeks to replace the use of Dollars with the Yuan as the currency of importation from China. It has also assured Nigerians that it has enough arsenals to defend the Naira.
Scores of batch ‘A’ N-Power Teach beneficiaries, a social investment programme designed to engage unemployed graduates interested in teaching, have expressed fear over the two years limit of the programme.
The Nigeria Wrestling Federation (NWF) says it has invited 40 athletes for camping ahead of the 2018 Africa Youth Games (AYG) in Algeria.
The Nigerian Wrestling Federation (NWF) has unveiled 12 athletes and five officials to represent the country at the Commonwealth Games in Gold Coast, Australia.
Two men, Ahmed Abdullahi, and Nura Musa, were on Tuesday arraigned in a Wuse Zone 2 Magistrates’ Court, Abuja, for allegedly blocking the convoy of Kogi Gov. Yahaya Bello.
Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Dambatta, has assured that new investors expected to take over 9mobile telecommunications will pay all outstanding debts, including the N1.1bn spectrum band fee to the federal government.
The Central Bank of Nigeria (CBN) has given exporters who failed to repatriate their proceeds a ninety-day moratorium to comply or face a complete ban on banking services in Nigeria.
The Bankers’ Committee says it has agreed to support Federal Government’s plan to conduct a focus-lab on three selected areas of the economy to accelerate investment and boost job creation.
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Oil prices rose on Thursday, recouping some of the previous session’s losses after OPEC forecast a supply deficit next year and the U.S. Federal Reserve said the economic outlook was favorable.
Some 30,000 drivers have made down payments for Porsche’s first electric car, according to the high-end automaker’s chief executive.
World heavyweight boxing champion Anthony Joshua has expressed appreciation to the Consul General of Nigeria in New York, Mr Benaoyagha Okoyen, for psyching him up to reclaim his titles.
Nigerian striker Rinsola Babajide was the heroine for Liverpool Ladies in their Women Super League Cup 3-1 win over Durham FC at Prenton Park.
Rivers Governor Nyesom Wike has called on on leaders of Kalabari ethnic group inn the State to prevail on the Amanyanabo of Kalabari, King Theophilus J.T. Princewill, not to allow himself to be used by external forces to create disunity in the State.
The Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN, has disclosed that the Federal Government has commenced investigation into the incident that happened between the operatives of the Department of State Service (DSS) and Omoyele Sowore, Convener, #RevolutionNow protest, at the Federal High Court, Abuja.
The Myanmar military launched a ferocious crackdown against its Rohingya Muslim population in 2017, driving around 740,000 into neighbouring Bangladesh.
The main political party leaders are continuing to push their election pledges to voters, as the campaign enters its final few days.
League leaders Plateau United suffered their first defeat in the Nigeria Professional Football League this season after going down to a 1-0 defeat against Heartland at the Okigwe Stadium on Sunday.
The Peoples Democratic Party (PDP) has called on President Muhammadu Buhari to put his house in order, saying that the public outburst by First Lady, Aisha Buhari, was another signal that the state house is in crisis.