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Oludamola Atanda

Central bank raises supply of lower denomination Naira notes

Committed to flooding markets with lower denomination currencies in the country, officials of the Central Bank of Nigeria (CBN) recently drummed support for the bank’s efforts to improve the economic well-being of Nigerians.

Central bank warns against abuse of Naira notes

The Central Bank of Nigeria (CBN) has read the riot act to bank customers in the country as it expressed its readiness to prosecute any individual that abuses Naira notes henceforth.

Central bank compels banks to refund excess charges with interest

The Central Bank of Nigeria (CBN), said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund the money to the customer with interest.

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Nigeria Stock Exchange

NSE closes on upbeat, market indices up 0.55 percent

Trading on the Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday with Nestle leading the price gainers.
Davido & Ademola Adeleke

Osun guber: Governance is not for dancers – APC chair

Adams Oshiomhole, national chairman of the All Progressives Congress (APC), says Osun state does not need a governor who would turn the government house to a disco place.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Joseph Iwejuo: I’m not involved in alleged N1.6 billion fraud

An accused, Joseph Iwejuo, on Tuesday, told a Federal High Court, Lagos, that he only acted as an account officer to some companies joined in a N1.6 billion fraud charge preferred by the Economic and Financial Crimes Commission (EFCC).

Britain freezes aid to Zambia over graft fears

Britain has suspended aid payments to Zambia over concerns of alleged fraud and corruption by the government of President Edgar Lungu who has faced graft allegations from within his own party.

Burkina Faso arrests 30 over illegal female circumcisions

Burkina Faso authorities have jailed more than 30 adults after they carried out botched female genital mutilation on nearly 60 infants and girls who have been hospitalised.