CBN grants banks’ approval to debit loan defaulters
The Central Bank of Nigeria (CBN) has given approval to the banks to debit any defaulting debtor across all the banks where the debtor...
FAAC: FG, states, LGs shared N671.910BN for the month of October
Government, States and Local Government Councils (LGCs) Wednesday shared N671.910 billion as Federation Accounts Allocation Committee (FAAC) for October.
A statement by Mr Oshundun Olajide,...
We’re Committed to the Early Completion of Enugu Int’l Airport – Ekweremadu
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The Deputy President of the Senate, Senator Ike Ekweremadu, has assured that the South East federal lawmakers and the National Assembly remained committed to...
Breaking: IMF boss, Christine Lagarde resigns
The Managing Director of the International Monitory Fund (IMF), Ms. Christine Lagarde has resigned.
Ms. Lagarde made her resignation notice known in a statement she...
Banks start integrating e-Naira app
Banks have started to onboard the e-Naira feature on their applications.
In its latest update, the Guaranty Trust World app has integrated a e-Naira feature.
However,...
Strange items in FG’s 2021 budget
The N13. 588 trillion 2021 federal government budget, accented to by President Muhammadu Buhari on December 31, 2020, is replete with line items that...
Governors Order Arrest Of Anyone Rejecting Old Naira Notes
Niger State governor, Abubakar Sani Bello, has directed security agencies in the state to immediately arrest those rejecting the old Naira notes.
A statement issued...
BREAKING: CBN stops forex sales to Bureau De Change operators, retains lending rate
The Central Bank of Nigeria has stopped the sales of forex to the Bureau De Change operators in the country with immediate effect.
The CBN...
Bayelsa, Imo, Rivers, Zamfara lose out as FG disburses N123.348bn performance grants to states...
The Federal Government has disbursed the sum of N123.348 billion (USD324.6 million) to state governments in the second round of performance-based grants.
The grants were...
Okowa, Dikio, Nexim bank, others seek revival of Niger Delta economy
Delta State Governor, Senator Ifeanyi Okowa, Interim Administrator of the Presidential Amnesty Programme (PAP), Col. Milland Dixon Dikio (rtd) and the Executive Director Business...