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As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.
A Kano-based firm, Triple C Motors Nigeria Limited, has written a petition to the Central Bank of Nigeria (CBN), and the Nigerian Deposit Insurance Corporation (NDIC), demanding payment of N86 million for the supply of seven vehicles to Fidelity Bank Plc.
The banking industry recorded 106 per cent increase in profitability to N310 billion in 2018 from N150 billion in 2017.
Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate for the speedy passage of the pending NDIC Act, 2006 (as amended) currently before the National Assembly.
The eldest daughter of the winner of the June 12, 1993 election, late MKO Abiola, Omolola Abiola–Edewor, says President Muhammadu Buhari has signed new democratic contract with Nigerians by honouring his late father’s memory.
Institutions and individuals on Asset Management Corporation of Nigeria’s (AMCON’s) debtors’ list are to be blacklisted. They will no longer be allowed to do business with the government henceforth, it was learnt at the weekend.
Dr Maikanti Baru, the Group Managing Director, Nigeria National Petroleum Corporation (NNPC) and Mr Adedayo Thomas, Executive Director of National Film and Video Censors Board (NFVCB) have been honoured at the 2019 Press Freedom Awards.
An indigenous company, Biatemp Ventures Ltd. has sued First Bank of Nigeria and the Federal Inland Revenue Services (FIRS), demanding N25 billion special and general damages over alleged manipulation of its domiciliary account and illegal withholding of its tax clearance certificate.
The Senate on Wednesday confirmed the appointment of Ms Omolola Edewor as Executive Director, Corporate Services, Nigeria Deposit Insurance Corporation (NDIC).
An indication that President Muhammadu Buhari may dissolve the Federal Executive Council (FEC) earlier than the May 29 terminal date of his first term in office emerged yesterday when he asked ministers and agency heads to turn in their handover notes by Wednesday.
Ahead of the May 29 inauguration President Muhammadu Buhari’s second term, the Accountant-General of the Federation, Idris Ahmed; the Comptroller-General of the Nigeria Customs Service, Hameed Ali; the Executive Chairman Federal Inland Revenue Service (FIRS), Tunde Fowler, and 11 other heads of agencies under the Ministry of Finance have been ordered to submit their hand over notes on or before April 23.
Nigeria’s vice president, Yemi Osinbajo, on Tuesday asked the management of the Nigerian Deposit Insurance Corporation (NDIC) to come up with a sustainable framework to empower millions of poor Nigerians through the extension of credit to them.
President Muhammadu Buhari has written to the Senate seeking confirmation and renewal of the appointment of Omolola Abiola Edewo as Executive Director Corporate Services, Nigerian Deposit Insurance Corporation (NDIC).
The Federal Government is committed to ensuring a stable financial system in the country, Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, (NDIC), Umaru Ibrahim, has said.
The Nigeria Deposit Insurance Corporation, NDIC, said that decision to liquidate the defunct Fortis Microfinance Bank was taken after efforts to resuscitate the bank proved abortive.
An Ogudu Magistrates’ Court in Lagos on Tuesday ordered the remand of a 27 -year-old tailor, Femi Afolabi, in Kirikiri Prisons, pending his sentencing for alleged theft of a cell phone.
Some stakeholders, on Tuesday, identified third-party influence and lack of trust among couples as factors responsible for the collapse of marriages nowadays.
Southeast Governors’ Forum on Tuesday urged President Muhammadu Buhari to defer the closure of Akanu Ibiam International Airport, Enugu to end of October 2019.
An education technology startup, Mrs Deola Eka, on Tuesday in Lagos said that indiscriminate usage of Internet connectivity through phones and other gadgets was responsible for early exposure of children to pornographic contents.
The Economic and Financial Crimes Commission (EFCC) has released from its custody Abdullahi Babalele, the son-in-law of the Peoples Democratic Party (PDP) presidential candidate in 2019, Atiku Abubakar.
He added that that is reflective of the general breakdown of infrastructure in the state, saying however that he has chosen to prioritise things that directly affect people’s welfare instead of embarking on rehabilitation of his own office when he assumed office on May 29.
Following Ibraheem El-Zakzaky’s return to the country, the IMN has blamed the Federal Government and the Medenta Hospital in India for the Shiite leader’s aborted treatment, alleging that they planned to kill him.
A 21-year-old student, Mr Chiagozie Uzor, was on Friday brought before an Ebute Meta Magistrates’ Court in Lagos State for allegedly kicking out a man’s tooth because of his girlfriend’s bad conduct.
The Lagos State House of Assembly ad hoc committee screening Governor Babajide Sanwo-Olu’s commissioner-nominees and advisers resumed the exercise yesterday with the final batch of 13 nominees it received over the weekend.
Junior international and Liverpool winger Taiwo Awoniyi was in action for five minutes on Saturday as Mainz 05 suffered a 3-0 defeat away to Freiburg in the Germany Bundesliga.