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The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs).
The Senate on Wednesday held a valedictory session to honour late Senator Benjamin Uwajumogu, who until his death represented Imo North Senatorial District in the National Assembly on the platform of the All Progressive Congress.
The Lagos State Police Command is currently investigating a 45-year-old man Christopher Lament for attempting to murder his wife Comfort Christopher.
The Senate on Wednesday condemned the abduction and killings of Nigerian citizens from Plateau State by Boko Haram.
The Senate on Wednesday approved the sun of N140,383,591,000 for the Nigerian Communications Commission (NCC) for the 2020 fiscal year.
The Senate on Wednesday at the plenary mandated its Committee on Local Content to investigate reasons for the dominance of foreign vessels above locally owned and registered vessels in the domestic carriage of petroleum products within coastal inland waterways of Nigeria.
Senate on Wednesday began the Confirmation process of Edward Lametek Adamu as the Chairman of the Asset Management Corporation of Nigeria, AMCON.
The National Insurance Commission (NAICOM) has approved the appointment of Haruna Mohammed and Uzoma Igbonwa as the nonexecutive directors for Standard Alliance Insurance Plc.
The banking sector recorded 800,201,498 volume of transactions valued at N42.76tn within the third quarter of this year.
The Senate Committee on Banking, Insurance and other Financial Institutions has said that Assets Management Company of Nigeria which was set up by the government to buy back bad debts by banks has become a drain on the nation’s economy, adding something must be done to reverse the trend.
A Nigerian businessman, Olukayode Sodimu, on Friday told an Ikeja Special Offences Court about how an American and alleged serial conman, Marco Ramirez, defrauded him of 145,000 dollars in a green card scam.
Managing Director of Jaiz Bank Plc, Mr Usman Hassan, has assured the bank would continue to target an organic growth strategy that would enable it have presence in all 36 states of the country following its recent national banking license granted it.
Total is seeking to sell its 12.5 per cent stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources have said.
The Senate has expressed its displeasure over the poor regulation of insurance companies in the country, concerned about the low enlightenment of Nigerians on insurance policies.
Senate President Ahmad Lawan has assured that the bill to amend the Nigeria Deposit Insurance Corporation (NDIC) Act will receive an accelerated hearing to ensure efficiency in the banking system.
Beyonce kicked off a star-studded memorial ceremony in Los Angeles on Monday for basketball great Kobe Bryant and his daughter Gianna who died along with seven others in a helicopter crash last month.
The Presidential Enabling Business Environment Council (PEBEC) has partnered with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate and prosecute public officials and civil servants accused of corrupt practices.
Senator Abu Ibrahim, the Chairman, Board of Trustees (BoT), Council for New Nigeria initiative (CNNi) says President Muhammadu Buhari will preserve his legacy after leaving office if he saves the ruling All Progressives Congress (APC) from disintegration.
A policeman was among at least four people killed in New Delhi on Monday during violent clashes over a contentious citizenship law, local media said, hours before US President Donald Trump arrived in the Indian capital for an official visit.
A 16-year-old boy, Adekunle Ayomikun, who allegedly hid in the toilet of a bank overnight and stole N340,000 was yesterday, remanded at Special Correctional Centre for boys in Oregun, by a Lagos magistrate’s court sitting in Igbosere.
The National Youths Service Corps (NYSC) has warned prospective corps members to be wary of fraudsters posting adverts on social media assuring them of favorable postings.
The Lagos State Government has reiterated that there is currently no multiple taxation in Lagos State revenue system.
India has denied trying to hide poor people from United States President Donald Trump despite building a brick wall alongside a slum the US president is due to be driven past.
Wife of Ondo State Governor, Arabinrin Betty Anyanwu Akeredolu and others during the foundation laying ceremony of Ada Emeabiam Development Centre (ADEDEC), in Emeabiam, Imo State.
The Jigawa Police Command, has confirmed that its patrol vehicle hit and killed a pedestrian, Hauwa Danladi-Turis, and injured four others in Malammadori Local Government Area (LGA) of the state.