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George Uboh

Police arraign ‘whistle-blower’ who accused central bank chief of N232 billion fraud

The police have arraigned a whistle-blower, George Uboh, for alleged defamation against the Governor of the Central Bank of Nigeria, Godwin Emefiele.
Ogun State Governor, Prince Dapo Abiodun has given reasons why he needs financial support from banks to move the state to the next level.

Governor Abiodun: Why I need financial support to move Ogun to next level

Ogun State Governor, Prince Dapo Abiodun has given reasons why he needs financial support from banks to move the state to the next level.

Central bank partners churches, mosques on financial literacy

Central Bank of Nigeria (CBN) on Friday said it is in partnership with churches and mosques in the promotion of financial literacy in the country.
Emeka Ihedioha

Governor Ihedioha orders forensic audit of local council accounts

Imo State government has ordered “a comprehensive forensic audit of the local governments’ accounts.”

Governor Bello promises cassava revolution in Kogi

Gov. Yahaya Bello of Kogi has promised a cassava revolution in the state with the empowerment of 500,000 cassava farmers into the agric space.

Central bank to create awareness on development initiatives in Jigawa

Central Bank of Nigeria (CBN), has organized a sensitization fair for low income earners that are economically active on how to access the apex banks economic development initiatives designed for re-positioning entrepreneurship and agricultural production in Jigawa state.

Abubakar Yari lauds President Buhari for re-appointing Godwin Emefiele as central bank governor

A former Governor of Zamfara State, Alhaji Abdulaziz Yari, has commended President Muhammadu Buhari for re-appointing Mr Godwin Emefiele as Governor of Central Bank of Nigeria (CBN).
Vice President Yemi Osinbajo says 11 fertiliser blending plants with a capacity of 2.1 million metric tonnes have been revived across the country.

VP Osinbajo: Federal government revived 11 fertiliser blending plants

Vice President Yemi Osinbajo says 11 fertiliser blending plants with a capacity of 2.1 million metric tonnes have been revived across the country.

Lagos chamber: Central bank lending rate will normalise credit market, economic growth

Lagos Chamber of Commerce and Industry (LCCI) says the lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface between entrepreneurs and the banking industry.
The President of the Senate, Dr Ahmad Lawan has described insinuations that he is a rubber stamp to the Executive as “sentimental and laughable”.

Afcon: Senator Lawan departs to Egypt, says Super Eagles need physical presence

The President of the Senate, Dr Ahmad Lawan, departed Abuja on Sunday, leading a presidential delegation to cheer Super Eagles in their match against Algeria in the ongoing Africa Cup of Nations (AFCON) in Egypt.
NDDC’s Acting Managing Director, Prof. Nelson Brambaifa, stated this when a delegation of Income Electrix and consulting consortia from Germany and Singapore visited him in Port Harcourt yesterday.

Official: Why NDDC is committed to foreign post-graduate scholarship programme

The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Nelson Brambaifa, has disclosed that the commission is committed to Foreign Post-Graduate Scholarship Programme, which was introduced in 2010, in order to equip graduates of Niger Delta origin with the relevant training and skills.

Forex: Central bank injects $298.71 million into retail market

The Central Bank of Nigeria (CBN) says it has made another intervention of 298.71million dollars in the retail Secondary Market Intervention Sales (SMIS).

Central bank, service chiefs collaborate to enforce executive order

The Central Bank of Nigeria (CBN), the Service Chiefs and heads of paramilitary agencies are closing ranks to tackle smuggling and dumping of textiles in Nigeria, currently robbing the country of billions of naira in revenue.

CBN: Abusing Naira notes is a criminal offence

The Central Bank of Nigeria (CBN), has appealed to Nigerians to stop defacing the naira, describing it as a national identity and symbol, which must be kept neat.

Central bank pegs remunerable bank deposits at N2 billion

The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari grants passport printing monopoly to MINT

President Muhammadu Buhari has granted the Nigerian Security Printing & Minting Company (NSPMC) the monopoly for the production and personalization of all Nigerian E-passports and related documentation.

AfCFTA: NANTS urges federal government to boost MSMEs funds

President Muhammadu Buhari had on July 7, at the 12th Extraordinary Summit of African Union (AU) Heads of State and Government in Niamey, Niger Republic signed the agreement establishing the AfCFTA.

Central bank intensifies pressure on banks to lend to the economy

In a bid to further stimulate lending to the economy, the Central Bank of Nigeria, CBN, yesterday, said bank deposit placement through its Standing Deposit Facility, SDF, in excess of N2 billion will not attract interest payment.

Recent Stories

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.