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Central Bank of Nigeria
The Senate says it would demand explanation on why the federal government wants to reduce the $8.1 billion fine imposed on the communication giant, MTN, to $800 million.
Vice President Yemi Osinbajo has declared that allegation against him by the House of Representatives Committee on Emergency and Disaster Preparedness on the approval of N5.8 billion from the Consolidated Revenue Fund to the National Emergency Management Agency (NEMA) was both ‘false and misleading’, saying he did not violate any law in the approval of the fund.
Following the Central Bank of Nigeria’s (CBN) revocation of the licences of 154 Micro Finance Banks (MFBs) and six Primary Mortgage Banks (PMBs), the Nigeria Deposit Insurance Corporation (NDIC) has commenced verification of the depositors of the affected institutions and would soon begin payment of verified claims.
One of Nigeria’s leading and respected Islamic figures on Tuesday renewed calls to tackle endemic poverty and rapid population growth to help end deadly Boko Haram violence.
Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019.
As part of efforts to boost its internally generated revenue, the Usmanu Danfodiyo University, Sokoto, has established a world-class ICT and Prometric centre for corporate services, as well as to promote information technology in the country.
The Central Bank of Nigeria (CBN) has urged media practitioners to collaborate with financial regulators in the country to educate depositors on financial literacy and inclusion. The Head, Financial Inclusion Secretariat, CBN, Mrs Temitope Akin-Fadeyi...
The Minister of Information and Culture, Alhaji Lai Mohammed, has warned Nigerians not expect support from any food exporting country for Nigeria’s ongoing policy to ensure self sufficiency in food production.
The Nigeria Deposit Insurance Corporation (NDIC), says it is monitoring investigations of directors and management of the failed Skye Bank Plc being carried out by law enforcement agencies.
After series of twists and legal turns in the takeover process of 9mobile, Teleology Technology Limited on Monday officially took over the operational affairs of the telecoms company.
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that the Federal Government expended N2.7 trillion on agriculture and provision of other critical infrastructure in the 2017 budget.
No fewer than 850,000 Small Holder Farmers have benefited from the Central Bank of Nigeria’s N160 billion under its Anchor Borrowers’ Programme in the last three years, CBN governor, Godwin Emefele, says.
The Minister of Information and Culture, Alhaji Lai Mohammed, stated this on Monday in Dutse at the Special Town Hall Meeting on Agriculture.
The Central Bank of Nigeria has reported N1,900.67billion currency-in-circulation at the end of June 2018, comprising 5,597.60 million pieces of banknotes and 2,317.03 million pieces of coins, valued at N1,899.07 billion and N1.60 billion, respectively.
The Nigerian Army on Wednesday dismissed as ‘false’, social media reports that it had imposed a restriction of movement in Maiduguri.
The Police in Lagos on Wednesday, arraigned 30-year-old Sode Elogy, at a Badagry Chief Magistrates’ Court over the alleged theft of 127 pieces of 100 amps motor batteries valued at N3,683,000.
Kano Pillars interim technical adviser Kabiru Baleria believes he is the right person to lead Sai Masu Gida to the glory.
Nigeria will increase its oil production to 1.8 million barrels per day next year, Nigeria National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, has declared.
A 33-year-old man, Abolaji Abiodun, was on Wednesday arraigned in an Ota Magistrates’ Court in Ogun for allegedly collecting N141,000 under false pretence to supply building materials to one Tunde Emmanuel.
Celta Vigo forward Iago Aspas has said that Real Madrid were keen to sign him last summer before choosing to re-sign Mariano.
Sunday Oliseh has celebrated Borussia Dortmund’s Der Klassiker win over Bayern Munich with a slight dig at the Bavarian club on social media.
The Academic Staff Union of Universities says it is ready to negotiate with the government for the ongoing industrial action to come to an end.
The Chairman of the Federal Government negotiating team for the Academic Staff Union of Universities, Dr. Wale Babalakin, has denied that the team proposed tuition of between N350,000 and N500,000 to be paid per annum by undergraduates.
The Kwara State Governor, Alhaji Abdulfatah Ahmed, has assured the people of the state, especially residents of Irepodun, Oke Ero, Isin and Ekiti Federal Constituency of their safety and security during next Saturday’s House of Representatives by-election.