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The foreign exchange restrictions placed on 43 items by the Central Bank of Nigeria (CBN) on Tuesday drew criticism from the International Monetary Fund (IMF).
Former governor of Jigawa State, Sule Lamido, has urged former President Goodluck Jonathan to prevail on President Muhammadu Buhari to release former National Security Adviser Sambo Dasuki from detention.
The Central Bank of Nigeria and Lagos State Government team on Saturday assessed the National Arts Theatre, Lagos ahead of new investment plan that includes building a Creative Industry Park at the Theatre.
The Comptroller General of the Nigeria Customs Service, Hameed Ali, has said that the agency’s revenue has increased during the closure of Nigeria’s borders.
A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.
Chairman, House of Representatives Committee on Banking and Currency, Hon. Victor Nwokolo (PDP, Delta), has refuted media reports that his committee had summoned the Central Bank Governor, Godwin Emefiele, over the bank’s recent controversial directives on new bank charges.
The Minister of Information and Culture, Alhaji Lai Mohammed, has expressed optimism that the entire arbitration decisions and judgment debt of N9.6 billion against Nigeria by a UK court over a botched gas contract would be set aside.
Reprieve came the way of Nigeria on Thursday as a UK Commercial Court granted a stay of execution of the $9.6 billion judgment debt made against the country over a botched gas contract.
The battle between Nigeria and Process and Industrial Developments (P&ID) over the bid to stop the company from attaching the country’s assets to recoup the $9.6 billion arbitral claim it secured last month, is set to shift to the United Kingdom Appeal Court.
The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits. The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits.
Following the recent forex restriction on the importation of starch, ethanol, syrup and other raw materials from cassava by the Central Bank of Nigeria (CBN), a starch processor, Goke Adeyemi, has called on the government to completely ban starch importation in order to encourage local processors.
Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets.
Justice Minister, Mr Abubakar Malami; the Inspector-General of Police, Mohammed Adamu, and the Governor of Central Bank of Nigeria, Godwin Emefiele, on Saturday led a delegation to the United Kingdom for the epic legal battle with a British firm, Process and Industrial Developments Ltd on Thursday.
Recalcitrant tax defaulters, high-end politicians, top civil servants, businessmen and other wealthy Nigerians with questionable sources of income are now in panic mode as the Nigerian Financial Intelligence Unit (NFIU) and other anti-graft agencies began beaming their searchlight on them in line with the Federal Government’s effort to retrieve state funds tallegedly siphoned in shady transactions.
The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.
The Central Bank of Nigeria (CBN) will support and integrate small holders, subsistent and nomadic herdsmen through its Anchor Borrowers Programme (ABP) to boost livestock production.
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says about 1.2 billion dollars worth of fish is imported into this country annually.
In line with the Central Bank of Nigeria (CBN) policy to discourage the importation of milk, four dairy products manufacturers have commenced the process for the local production of milk, an official has said.
Harry Redknapp believes Liverpool have already wrapped up the Premier League title - just eight games into the new season.
The Minister of Interior, Mr Rauf Aregbesola, has lamented that only 30 million Nigerians have so far registered for the National Identity Card.
U.S. senator, Kamala Harris, seized the Democratic presidential debate on Tuesday night to advance her proposal for the suspension of President Donald Trump’s Twitter account.
Francis Uzoho is set for a long period on the sidelines after sustaining an injury in Nigeria’s 1-1 stalemate against Brazil in Sunday’s international friendly.
The chairman of Club Owners Association, Barrister Isaac Danladi has described as sacrosanct the November 3 kick-off date for the 2019/2020 Nigeria Professional Football League as announced on Monday by the League Management Company.
Enugu State Police Command has frowned at the indiscriminate mounting of roadblocks by vigilante groups in some parts of the state.
Nigerian fintech lending platform, Lidya, is targeting Poland and the Czech Republic for expansion after providing thousands of loans in Nigeria, seeing an opportunity in the funding gaps facing small enterprises in fast-growing European economies.
Military retirees in the country have urged the Federal Government to upgrade the Veterans Affairs Division in the Ministry of Defence to a full-fedged ministry to cater for their welfare.
Mr Joseph Ari, the Director-General, Industrial Training Fund (ITF) on Wednesday said that the Federal Government would create 20 million direct and indirect jobs through different skills development programmes in the country.
Kwara state High Court sitting in Ilorin, the state capital on Wednesday sentenced another internet fraudster Akinbamidele Femi Johnson to six months imprisonment.