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CBN refutes devaluing naira to N630/$1

THE Central Bank of Nigeria (CBN) has debunked media reports it has devalued the country's currency, the naira, against the United States dollar to...

List of microfinance banks, others whose licences CBN revoked

THE Central Bank of Nigeria (CBN) has revoked the operating licences of microfinance banks (MfBs), primary mortgage banks (PMBs) and finance companies as disclosed...
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CBN revokes licence of 179 MfBs, expert weighs implications

THE Central Bank of Nigeria (CBN) has revoked the operating licences of 179 microfinance banks (MfBs), four primary mortgage banks (PMBs) and three finance...
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Foreign banks to pay N15m licensing fee as CBN sets guidelines

FOREIGN banks operating as representative offices in Nigeria are to pay N15 million for licensing fees, the Central Bank of Nigeria (CBN) has directed...

Recent

Despite over N57.16bn investment, Nigeria yet to attain 100% qualified teachers in primary schools

THE Universal Basic Education Commission (UBEC) has said Nigeria is yet to achieve 100 per cent qualified teachers in...

Subsidy removal: Kwara govt reduces work days to 3 per week

KWARA State government has reduced work days for its staff from five to thrice a week following the removal...

Labour braces up for first major strike in 8 years

BARRING a last-minute agreement between the Nigeria Labour Congress (NLC) and the Federal Government, Nigeria will witness the first...

Subsidy removal: Labour’s demands in order — Oshiomhole

THE Senator-elect for Edo-North Senatorial District of Edo State, Adams Oshiomhole, has said demands presented by Nigerian labour unions...

25% FCT votes: PDP witness says Atiku, Tinubu don’t merit to be President

A PEOPLES Democratic Party (PDP) witness has told the Presidential Election Petition Court (PEPC) that the party's candidate, Atiku...
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