Senate summons CBN gov, SEC DG over cryptocurrency ban
The Senate, Thursday, summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over […]
CBN
Breaking: Uncertainty as CBN retains interest rate
The monetary policy committee of the Central Bank of Nigeria on Tuesday retained the rates at 11.5%, the asymmetric corridor, at+100/-700 basis points around the […]
Senate empowers banks to recover loans without borrowers consent
The Senate has passed for second reading, a bill to allow banks recover loans from defaulters, place them on watchlist and eventually blacklist them without […]
Ex-Head of Service, Steve Oronsaye operated 66 illegal bank accounts, witness tells court
A prosecution witness in the ongoing trial of the former Chairman of the defunct Pension Reformed Task Team, Abdulrasheed Maina, Rouqayya Ibrahim, has told the […]
Global body lauds NDIC on establishment of African centre
The International Association of Deposit Insurers (IADI) has commended the Nigeria Deposit Insurance Corporation (NDIC) for proposing the establishment of the African Center for Deposit […]
Finance Bill 2020 exempts minimum wage earners from personal income tax – Buhari
President Muhammadu Buhari said Monday that the Finance Bill 2020makes provisions for the exemption of minimum wage earners from the Personal Income Tax.The president said […]
Judge in trouble for freezing #EndSARS promoters’ accounts
The Coalition in Defence of Nigerian Democracy and Constitution has written a petition to the National Judicial Council accusing a Federal High Court Judge, Justice […]
COVID-19: Coalition stages economic summit, backs CBN intervention opportunities
A coalition of Civil Society Groups Monday staged an ecomomic summit which mainly focused on various intervention programmes of the Central Bank of Nigeria. President […]
EndSARS promoters approach court to unfreeze accounts
No fewer than 16 #EndSARS campaigners have approached the Federal High Court in Abuja seeking a reversal of the restriction placed on their accounts by […]
Minister declines comment on freezing of #EndSARS promoters
The Minister of Information and Culture, Mr Lai Mohammed, Wednesday declined to comment on the freezing of bank accounts belonging to key #EndSARS promoters and […]
Boko Haram: Finding sponsors is key to ending war, says Zulum
Borno State Governor, Babagana Zulum has expressed gladness that for the first time in 11 years, there appears to be headway on tracking some alleged […]
CBN reads riot act to shipping companies
Non-compliance by shipping lines to the directive by the Federal Government that all export goods leaving the country should carry Nigerian Export Proceeds (NXP) numbers […]
Bank manager in trouble for $50,000 ‘fraud’
The Enugu Zonal office of the Economic and Financial Crimes Commission, EFCC on Thursday, October 8, 2020 arraigned a former manager of main market branch, […]
Commercial banks panic over parliament’s probe of illicit charges
The Nigerian Senate has mandated its Committee on Banking, Insurance and Other Financial Institutions to cause an investigation into illicit and excessive bank charges by […]
NDIC academy recertified by CIBN as training provider for banking industry
The Nigeria Deposit Insurance Corporation (NDIC) Academy has been recertified and its accreditation renewed as a training service provider for various professionals in the banking […]