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Banking and Finance

Nigeria’s stock market gains N5bn after six days of losses

NIGERIA'S stock market gained N5 billion on Tuesday after incurring losses for straight six days. The market rose slightly by 0.022 per cent, with the...

CBN tells Nigerians to take action over discretionary charges by commercial banks

CENTRAL Bank of Nigeria (CBN) governor Godwin Emefiele has urged Nigerians to take necessary action when commercial banks impose discretionary charges on their bank...

Nigerians struggle to register on CBN’s e-Naira mobile app

SEVERAL prospective users have lamented their frustrations at registering on the e-Naira mobile application launched by the Central Bank of Nigeria (CBN) on Monday. A...

Heritage Bank fails to provide update on Andy Uba’s debt

HERITAGE BANK has failed to provide an update on the debt owed by the All Progressives Congress (APC) candidate in November 6 Anambra State...

Nigerians criticise CBN’s reliance on Dangote refinery to fix naira’s free fall

SCORES of Nigerians have criticised the Central Bank of Nigeria (CBN)'s reliance on Dangote's refinery to address the depreciating naira.  This is coming on the...

South African, Nigerian emerge winners at 2021 African Fact-Checking Awards

SOUTH African Jean le Roux and Nigerian Oluwasegun Olakoyenikan have been announced winners in the 2021 Africa Check Fact-Checking Awards ceremony.  The Eight Africa Check...

Osinbajo asks banks to explore opportunities in African free trade

NIGERIA'S Vice President Yemi Osinbajo has told Nigerian banks to look beyond their current market reach and explore options in the African Continental Free...

CBN plans shutdown of AbokiFX, accuses owner of FX breaches

THE Central Bank of Nigeria, on Friday at the Monetary Policy Committee meeting, gave reasons for the planned shutdown of AbokiFX, accusing the owner...

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SERAP drags FG to ECOWAS court over undisclosed loan spending

THE Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit at the ECOWAS Court of Justice in Abuja...

AMCON, Ibadan DisCo investors agree to suspend asset takeover

THE Asset Management Corporation of Nigeria, AMCON and Ibadan Electricity Distribution Company core investors-the Integrated Energy Distribution and Marketing,...

Chukwuma Soludo and the Challenge of Managing Expectations

By Chidi Anselm ODINKALU “She said he made love to her like an intellectual. In the political jargon of those...

I did it because I don’t like boarding school –Borno student who slit colleague’s throat

A STUDENT arrested for almost hacking his junior colleague to death with a razor blade, Ahmad Umar Goni, has...

Amaechi eyes speedy completion of Lekki Port

Minister of Transportation Rotimi Amaechi has tasked promoters of the Lekki Port to double their pace on the work...
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