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The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank.
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system.
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.
President Muhammadu Buhari on Tuesday in Abuja called for an overhaul of the national strategy on cyber security, urging more emphasis on exploring the internet for economic growth opportunities, enhancement of knowledge and mitigation of crime.
Nigerian government approves N35.4 billion for provision of electricity in Kano, Calabar free trade...
The Federal Government has approved the sum of N35.4 billion for the improvement of electricity infrastructure in both Kano and Calabar Free Trade Zones.
Mr. Akinyelure said the issue of employing graduates as casual workers raised a concern, as “more workers continue to groan under this immoral strategy of cutting costs by employers rendering them inferior to their counterparts in other countries of the world.”
The Senate, on Thursday, considered a bill seeking to stop employers in the private and public sectors from engaging employable Nigerian graduates as casual workers.
A Federal High Court in Enugu, on Wednesday, discharged and acquitted Patrick Okike and his wife, Rosemary, of allegations of operating an illegal bank.
At the launch of the campaign, the Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said, the Valentine season gave the bank an opportunity to, as reported by Thisday, show love to its customers and reward their loyalty for banking with us.
Amidst the furore generated by the Central Bank of Nigeria’s crackdown on the activities of cryptocurrency traders, research has revealed that criminals are using a small group of crypto brokers to launder hundreds of millions of dollars around the world.
As the recent directive by the Central Bank of Nigeria (CBN) asking commercial banks to stop facilitating cryptocurrency transactions in Nigeria continues to generate controversy, the Securities and Exchange Commission (SEC) has stated that it will continue to monitor developments in the digital asset space and further engage all critical stakeholders.
Deaths from COVID-19 across Africa have increased by 40 per cent in the last 28 days compared to the previous 28 days, the World Health Organisation (WHO) has said.
The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emeifele, and the Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to brief it on the opportunities and threats of the crypto currency on the nation’s economy and security.
The Senate on Wednesday confirmed the appointment of Mr Ahmed Kuru as Managing Director, Asset Management Corporation of Nigeria (AMCON) for a second term in office, in line with President Muhammadu Buhari’s request.
Nigeria’s Tobiloba Amusan ran 7.99 seconds to place fourth in the 60m hurdles final behind Dutch woman, Naddine Visser (7.91), Nooralotta Neziri of Finland (7.91) and USA’s Christina Clemons (7.91) at the Lievin World Athletics Indoor tour Tuesday night.
The Minister of Communications and Digital Economy, Isa Pantami, said on Monday that a proposal for replacing the BVN with the national identification number (NIN) was forwarded to the National Economic Sustainability Committee.
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has advised the CBN to reconsider its recent decision to ban cryptocurrency transactions in the country banking and payment systems.
Sterling Bank Plc has updated its agriculture commodities platform operated by SABEX, an affiliate company.
Investigations have revealed that, the federal government and the CBN were warned by the United States’ Federal Bureau of Investigation, (FBI), on the activities of fraudsters using cryptocurrencies to bringing into the country hundreds of millions of US Dollars illegally obtained from the USA and other Western economies.
The Central Bank of Nigeria yesterday directed banks and other financial institutions to immediately close any accounts dealing in cryptocurrency or facilitating payment for crypto currency exchange, with immediate effect.
Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol.
The Church of Nigeria (Anglican Communion) on Sunday affirmed its rejection of homosexuality, vowing to defend the gospel of Jesus Christ.
The Lagos State Government has announced that the palliative intervention on Eko Bridge it embarked upon in support of the federal government’s efforts to replace the eight expansion joints on the highway has been completed.
AfDB chief: Restructuring shouldn’t be driven by political expediency but economic, financial viability
This was the submission of the President of the African Development Bank Group, Dr Akinwunmi Adesina, at the second term inaugural lecture of the Ondo State Governor Rotimi Akeredolu in Akure, the state capital.
Barely a few weeks after the attack and burning of Omoba Police Station in Isiala-Ngwa South Local Government Area of Abia State, hoodlums, on Tuesday, attacked and burnt the World Bank Housing Estate Police Station, Abayi in Aba.
Against the backdrop of rising murders and kidnappings in the country, the Global Peace and Life Rescue Initiative (GOPRI) has implored President Muhammadu Buhari to be ruthless with bandits in order to serve as a deterrent to others.
The President of the Senate, Ahmad Lawan, has condemned the attack on Friday on Government Secondary School, Jangebe in Zamfara State, where hundreds of schoolgirls were abducted.