NDIC Pays N116.258b To Customers Of Dead Banks
The Nigeria Deposit Insurance Corporation (NDIC) on Thursday said it has paid a total sum of N116.258billion to depositors and customers of defunct banks last […]
Banks
Flood sacks 5,000 homes in Kogi
Over 5, 000 families in Ibaji Local Government Area of Kogi State have been displaced by flood.It also destroyed property running into millions.Mostly affected are […]
No Rate Cut Till Inflation Drops To 9% – CBN
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has ruled out a cut in interest rate until inflation, which is currently at […]
Access Bank, Others Launch Global Banking Principle
Access Bank Plc has launched the Global Principles for Responsible Banking. The bank which is as one of the founding signatories signed alongside other global […]
N3.6 Trillion Lost In Non-Oil Export – NEXIM
Nigeria has lost about $10 billion (about N3.6 trillion) over the past five decades in non-oil export opportunities, comprising crops such as cocoa, oil palm, […]
CBN ignores Reps, continues with cashless policy
The Central Bank of Nigeria (CBN) on Friday said it was going ahead with its decision to impose charges on cash deposits and withdrawals in […]
Reps Order Suspension Of Charges On Deposits
The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend forthwith the implementation of the charges on deposits as part of […]
CBN imposes additional charges on transactions on individual bank accounts
Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday.In […]
Facebook Defends Libra Cryptocurrency Plans Amid Call For Ban
Facebook has been met with scepticism over its Libra cryptocurrency, which is scheduled to launch before the middle of next year. Facebook wants to launch […]
NFIU denies probing Senate President, CJN, others
The Nigerian Financial Intelligence Unit has said the Senate President, the Speaker of the House of Representatives, the Chief Justice of Nigeria and members of […]
PDP Carpets Akeredolu, Ondo Assembly Over N50 Billion Bond
The Ondo State chapter of the Peoples Democratic Party, PDP, has described the approval of N50 billion loan by the state House of Assembly to […]
Edo Governor, Obaseki May Defect To The PDP… See Shocking Revelations
It will also be recalled that the Delta State Governor, Dr. Ifeanyi Okowa, recently held a closed door meeting with Obaseki. Edo State Governor, Godwin […]
Launch Of Nigeria Fintech Strategy, MTN Gets Into Headwind Competition
In a bid to deepen financial inclusion by bringing banking to 36 million Nigerians who are said to be outside the banking circle, Africa’s telecoms […]
Singer Angelique Kidjo Secures $251m Funding For Female Entrepreneurs In Africa
Benin born music diva, Angelique Kidjo has succeeded in securing the princely sum of $251 million for budding female entrepreneurs in the continent of Africa. […]
U.S introduces new visa payment regime for Nigerians
The American government has introduced a new visa payment schedule for Nigerians. Henceforth, Nigerian nationals anywhere in the world would be required to pay a […]