Home Topics Commercial Banks

Commercial Banks

Vice President Yemi Osinbajo

Over 1.5 million benefits from federal government’s empowerment programme

The Executive Director, Micro Enterprise, Bank of Industry, Mrs Toyin Adeniji, says more than 1.5 million Nigerians have benefited from the Federal Government Enterprise and Empowerment Programme (GEEP) scheme since inception in 2016.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FCTA identifies one million taxpayers in Abuja

The Federal Capital Territory Administration (FCTA) said that it has so far identified and captured, in its database, over one million taxpayers in the Federal Capital Territory (FCT), who have received their Taxpayer Identification Numbers (TIN), through personalised SMS.

Minister tasks indigenous industrialists on technological innovations

Minister for Science and Technology, Dr. Ogbonnaya Onu, has urged industrialists across Nigeria to improve on their technological innovations for better products to help Nigeria diversify and be less dependent on crude oil as the mainstay of the economy.
An employee shows US dollar banknotes at a foreign currency brokerage office in Khartoum on October 7, 2018. - Sudan slashed the official value of its currency against the US dollar by more than half on October 7, the third devaluation this year in the face of a mounting economic crisis. (Photo by ASHRAF SHAZLY / AFP)

Naira ends 2018 stable with central bank, bureaux de change deal

The strategic partnership between the Central Bank of Nigeria (CBN) and Association of Bureaux De Change Operators of Nigeria (ABCON) on foreign exchange (forex) supplies and sustenance of market integrity helped the naira’s stability in 2018.

Audu Ogbeh: No politician can fix economic problems soon

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said given the extent of damage already inflicted on the economy by past administrations, no politician currently vying for the seat of power has what it takes to return the economy on the path of growth within a short period.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

#HAPPYBDPMB: A dozen reasons for Muhammadu Buhari’s reelection

On Monday December 17, 2018, President Muhammadu Buhari who is seeking re-election for a second term of office will be marking his 76th birthday and, in his own words, “still going strong.”
Debt Management Office (DMO)

DMO seeks legislation on debt management in states, FCT as profile rises by 111...

The Debt Management Office (DMO) has advised the 36 states of the federation and the Federal Capital Territory (FCT) to take necessary steps to enact relevant legislations, policy frameworks as well as guidelines to equip the debt management units or departments in their respective jurisdictions.

Central bank’s monetary policy inhibiting growth of SMEs

The Central Bank of Nigeria’s monetary policy of high-interest rates to commercial banks has been listed as part of the reasons Small and Medium Enterprises are not growing.

Enugu guber: UPP candidate pledges to create 17,000 jobs in annually

Ekele Uzodinma, the governorship candidate of United Progressive Party in Enugu State, says he intends to create 17,000 jobs via agriculture in the state every year.

Livestock farmers demand soft loans from federal government, banks

A cross-section of livestock farmers in the Federal Capital Territory has appealed to the Federal Government and commercial banks to provide them with soft loans to boost their business.

EFCC grills Theodore Orji over alleged N27 billion fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) on Wednesday interrogated the senator representing Abia Central Senatorial District at the upper legislative chamber of the National Assembly, Theodore Orji.

EFCC quizzes Theodore Orji over alleged N27 billion fraud

A former Governor of Abia State, Senator Theodore Orji, was yesterday quizzed by operatives of the Economic and Financial Crimes Commission (EFCC) over allegations of N27billion fraud.
Kamaldeen Ajibade

Offa robbery: Principal suspect Michael Adikwu is dead – Kwara attorney-general

Kwara State Attorney General and Commissioner for Justice, Mr. Kamaldeen Ajibade, SAN, disclosed this at a Kwara State High Court on Wednesday, when five of the six principal suspects were brought to court.

Strike: Bank customers in panic withdrawals in Zamfara

Security agents attached to commercial banks as well as bank staff on Monday found it difficult to handle multitude of customers who took over all available spaces as a result of panic transactions, ahead of the impending strike by the labour union.

Federal government begins new TSA tariff regime

Effective today, November 1, the Federal Government will begin a new service charge through the Treasury Single Account (TSA) on all payments to its ministries, departments and agencies (MDAs).
Ahmed Idris, the Accountant-General of the Federation (AGF)

Federal government shifts burden of TSA transaction cost to payers

The Federal government has decided to shift the burden of the one percent service charge for payments into the Treasury Single Account (TSA) to payers.

Peter Obi: PDP has responded to yearnings of Ndigbo – Nnia Nwodo

The President General disclosed that the Apex Igbo body will “very soon convene a meeting of the highest organ of Ohanaeze Ndigbo Ime Obi when all the political parties are to bring out their candidates and we will take a decision on what direction Igbos will take in the next election”.

Senate asks central bank to suspend ATM charges, summons Ifeanyi Emefiele

The Senate has urged the Central Bank of Nigeria (CBN) to suspend the Automated Teller Machine (ATM) card maintenance charges pending outcome of investigation into alleged sharp practices by banks.

Recent Stories

NBS: Abuja, Cross River, Zamfara residents paid highest transport fare in January

Residents of Abuja, Cross River, and Zamfara states paid the highest bus journey fare within the city in January, the National Bureau of Statistics (NBS) has said.

Adams Oshiomhole: APC to resume campaign

APC’s National Chairman, Comrade Adams Oshiomhole, Saturday faulted the decision by INEC to bar political parties from embarking on another round of campaigns before the start of the rescheduled election.
National Bureau of Statistics NBS

NBS: FAAC disbursed N270.17 billion to federal government in January

The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed.
Asa

Asa to headline 2019 MTN Bush Fire Festival

Nigerian-French musician, Asa Elemide, will headline the 2019 MTN Bush Fire Festival, according to organisers.
President Muhammadu Buhari says since 1978 when he was named the minister of petroleum till date, he has not lost interest in the oil sector.

President Buhari: INEC must not take us for granted

President Muhammadu Buhari, on Monday, said that the Independent National Electoral Commission, must not take Nigerians for granted.