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Senate confirms Bello Hassan as new NDIC chief

The Senate Wednesday confirmed the nomination of Mr. Bello Hassan as the new Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC).
Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.

CIBN boss optimistic banks will facilitate AfCFTA success

Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.
FILE PHOTO: A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. REUTERS/Kacper Pempel/Files

CIBN urges banks to strengthen cyber-security

The Chartered Institute of Bankers of Nigeria (CIBN) has urged the banks to strengthen their cyber-security architecture in order to prevent attacks by fraudsters.
4. President Muhammadu Buhari is currently presiding over the 24th virtual Federal Executive Council, FEC, meeting at the Council Chamber, Presidential Villa, Abuja.

NBA, NMA, 28 others demand overhaul of security apparatus

Thirty prominent professional bodies under the aegis of the Association of Professional Bodies of Nigeria (APBN) yesterday urged the federal government to immediately overhaul the country’s security apparatus, saying the situation had largely deteriorated in recent months.
Embattled President of African Development Bank (AfDB), Dr Akinwumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month.

AfDB: Africa’s economy shrinks by 3.4% due to coronavirus pandemic

The President of African Development Bank, AfDB, Dr. Akinwumi Adesina, has said Africa’s economic growth this year will decline by 3.4%, because of the challenges of the Covid-19 pandemic.

Central bank chief projects exit from recession Q1 2021

The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021.

Nigerian government seeks new Eurobond

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Electronic transaction volumes increased 67 percent during lockdown

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that electronic transaction volumes increased by about 67 per cent during the COVID-19 lockdown with increased transactions at agent networks.
The Chartered Institute of Bankers of Nigeria (CIBN) has suspended its 2020 Fellowship Investiture Ceremony earlier scheduled for Oct. 24, at Balmoral Convention Centre, Victoria Island, Lagos.

Chartered Institute of Bankers postpones 2020 investiture

The Chartered Institute of Bankers of Nigeria (CIBN) has suspended its 2020 Fellowship Investiture Ceremony earlier scheduled for Oct. 24, at Balmoral Convention Centre, Victoria Island, Lagos.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Nigerian government seeks bankers’ partnership to ravamp economy

The Federal Government is seeking the partnership of the banking sector in its efforts to revamp the ailing economy occasioned by the outbreak of the coronavirus pandemic.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Financial expert urges central bank to support banks

A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks to address the impact of the COVID-19 pandemic on the sector.
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS-Afolabi Sotunde

Economist: Nigeria’s petroleum subsidy removal will unlock country’s economic prospects

An economist, Mr Okechukwu Unegbu, says the Federal Government’s removal of petroleum subsidy will unlock the country’s economic prospect.
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Nigerian banks urged to address increasing numbers of customers visiting daily

Prof. Olayinka David-West of Information Systems/Academic Director, Lagos Business School, has urged banking institutions to embrace digital economy to address the increasing numbers of people visiting their branches daily.

CIBN postpones April ‘diet’ examinations to October

The Chartered Institute of Bankers of Nigeria (CIBN) says its April ‘Diet’ examinations, which was to take place from April 7 to April 9, 2020, will now hold alongside that of October.
Mr Bayo Olugbemi has been sworn in as the 21st president-chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN).

Bayo Olugbemi sworn in as new CIBN president

Mr Bayo Olugbemi has been sworn in as the 21st president/chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN).
High Chief Owolabi Salis, the 2019 governorship candidate of Alliance for Democracy, AD, in Lagos State, has given out money to 120 less-privileged people.

Former Lagos governorship candidate empowers 120 residents

High Chief Owolabi Salis, the 2019 governorship candidate of Alliance for Democracy, AD, in Lagos State, has given out money to 120 less-privileged people.

Coronavirus: Mixed reactions trail central bank’s policy measures

Mixed reactions have trailed policy measures announced by the Central Bank of Nigeria (CBN) to tackle the effect of COVID-19 on the nation’s economy.
The Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy.

President Buhari congratulates FirstBank chief on international award

President Muhammadu Buhari has felicitated with the Managing Director/Chief Executive Officer, FirstBank Limited, Dr Adesola Adeduntan, on his award of Distinguished Alumnus of the Year by Cranfield School of Management, United Kingdom.

CIBN tasks Lagos government on road repairs

The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday, called on the Lagos State Government to repair all dilapidated roads in the state.

CIBN seeks creation of education development bank

The Chartered Institute of Bankers of Nigeria (CIBN) has reiterated its call for the creation and full implementation of Education Development Bank to facilitate the achievement of 21 per cent budget ratio for education prescribed by United Nations Development Programme (UNDP).

FirstBank appoints Ado Yakubu Wanka non-executive director

Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome Alhaji Ado Yakubu Wanka, to the FirstBank Board. We are especially excited that he is bringing a combination of complementary skills and rich experience to the table which will no doubt enhance the quality of governance towards meeting our strategic goals.

Federal government urged to sensitise Nigerians on $29.96 billion foreign loan

Dr Uju Ogubunka, an economic expert has urged the Federal Government to educate Nigerians on the importance of the proposed 29.96 billion dollars foreign loan towards boosting the economy.

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The Central Student Disciplinary Committee, CSDC, of the University of Ibadan, UI, has meted various punishments to 22 erring students of different departments.

University of Ibadan extends registration deadline for 2020/2021 session

The management of the University of Ibadan on Friday announced the extension of the deadline set for the 2020/2021 session until April 30.
Chelsea manager Thomas Tuchel suffered the first defeat of his reign as struggling West Bromwich Albion took advantage of Thiago Silva's red card to earn a stunning 5-2 win on Saturday.

Thomas Tuchel: Chelsea squad could have a say on summer transfers

“I spoke to a conductor in Germany and he told me that once in his orchestra he had to find a new musician,” Tuchel said, according to the Star. “He picks three maybe that he likes as a replacement, but the final decision is made through the orchestra. We had a long discussion about this.

2023: Group charges North-central politicians to wake up before it is too late

Ahead of 2023 presidential election, North Central politicians have been charged to wake up before it is too late.
Academic Staff Union of Polytechnics (ASUP)

ASUP to sustain current engagements with Nigerian government

The Academic Staff Union of Polytechnics (ASUP) has said it would continue to dialogue with the federal government until a lasting solution is found to the challenges in the nation’s tertiary institutions and its ongoing nationwide strike is called off.
Tottenham face an anxious wait to discover whether Harry Kane will be fit for the Carabao Cup final after the striker limped out of the 2-2 draw at Everton with a foot injury.

Tottenham face anxious wait after Harry Kane injury

Tottenham Hotspur face an anxious wait to discover the severity of Harry Kane’s ankle injury after he hobbled off after scoring twice in a 2-2 Premier League draw away to Everton on Friday.

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Libya's new Prime Minister Abdulhamid Dbeibeh, speaks during a news conference in Tripoli, Libya February 25, 2021. REUTERS-Hazem Ahmed

Libya’s new premier to visit Turkey, hold talks with Recep Erdogan on Monday

Libyan Prime Minister Abdulhamid Dbeibeh and a delegation of ministers will make their first visit to Turkey on Monday since taking office last month, the Turkish presidency said on Sunday.
Female tennis World Number One player, Ashleigh Barty, on Friday, became the latest casualty in a tournament full of surprises, when she was defeated by Spaniard Paula Badosa, ranked 71st in the world after their quarter-final match ended 6-4 6-3 in Badosa’s favour. The victory carried the Spaniard through to the biggest semifinal of her career.

Ashleigh Barty knocked out of Charleston Open

Female tennis World Number One player, Ashleigh Barty, on Friday, became the latest casualty in a tournament full of surprises, when she was defeated by Spaniard Paula Badosa, ranked 71st in the world after their quarter-final match ended 6-4 6-3 in Badosa’s favour. The victory carried the Spaniard through to the biggest semifinal of her career.
FILE PHOTO: U.S. Secretary of State Antony Blinken holds a virtual meeting with UN General Assembly President Volkan Bozkir via videoconference from the State Department in Washington, U.S., March 29, 2021. REUTERS/Leah Millis/Pool/File Photo

US warns of China’s ‘increasingly aggressive actions’ against Taiwan

U.S. Secretary of State Antony Blinken said on Sunday the United States is concerned about China’s aggressive actions against Taiwan and warned it would be a “serious mistake” for anyone to try to change the status quo in the Western Pacific by force.

Senator Okorocha released from EFCC custody

A former governor of Imo State, Rochas Okorocha, has been released by the Economic and Financial Crimes Commission (EFCC) after spending two nights in detention.
Botswana banned poultry and poultry product imports from South Africa after an avian flu outbreak. PHOTO: Paula Bronstein/Getty Images

Botswana bans poultry imports from South Africa amid avian flu outbreak

Botswana's agriculture ministry announced the ban on Wednesday and it has been implemented with immediate effect. The ban includes products such as meat, eggs and feathers.