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Credit Bureaux

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.

Central bank seeks special court to try loan defaulters

As the national assembly prepares to repeal the Banks and Other Financial Institutions Act (BOFIA) 2004 and enact a new one, BOFIA 2020, Central Bank of Nigeria (CBN) has asked for the establishment of a Credit Tribunal to address the issue of non-performing loans.

Central bank issues new guidelines mandating banks to notify customers on all transactions

New guidelines issued by the Central Bank of Nigeria (CBN) demand all commercial banks and financial institutions to promptly notify customers on all transactions on their accounts as part of their contractual obligations.

Operator: Credit bureaux have deepened SMEs sector in Nigeria

The operation of credit bureaux in Nigeria has deepened the Small and Medium Enterprises (SMEs) in the country through improved loan growth and development of new products for the sector by financial institutions, Mr. Tunde Popoola, Managing Director/Chief Executive of CRC Credit Bureau, has stated.

Central bank to continue supporting financial service penetration – Godwin Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country.

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China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

TikTok cracking down on weight loss ads that promote ‘harmful’ body images

TikTok is putting new restrictions on weight loss ads as the app increasingly comes under criticism for promoting dangerous diets. The new policy bans ads for fasting apps and weight loss supplements. It also puts increased restrictions on other weight loss-related ads, like limiting ads for “weight management products” to users over 18 years old and not allowing those ads to “promote a negative body image or negative relationship with food.”
213 British nationals were Monday evacuated from Nigeria through the Muritala Muhammed International Airport, Lagos on a British Airways flight BA9157 .

Lagos airport sets to have N250 million packaging factory

A N250 million packaging factory is to be built at the Murtala Mohammad Airport Lagos by Free On Board (FOB) Goods and logistics in partnership with the Nigerian Aviation Handling Company (NAHCO) and other international partners.
3. The truce-seeking trip of President Muhammadu Buhari to the Malian capital of Bamako on Thursday ended without a deal to soothe the country’s escalating political crisis.

President Buhari to attend Guinea Bissau’s independence anniversary Thursday

President Muhammadu Buhari will on Thursday depart Abuja for Bissau to attend ceremonies celebrating the National Day of the Republic of Guinea Bissau.
The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.

Colonel Dikio resumes office as PAP coordinator

The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.
The governor of Ondo State, Rotimi Akeredolu, has reacted to his victory at the primary election of the All Progressives Congress (APC).

Ondo warns schools against unauthorised resumption of schools

The Ondo State Government on Wednesday says it had not directed or permitted the re-opening of public or private primary and tertiary institutions in the state.