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Central Bank of Nigeria

NIN/SIM linkage: MTN loses 1.3m subscribers in one year

MOBILE subscribers of MTN Nigeria declined year-on-year (YoY) by 1.9 per cent to 70.2 million in the first quarter of 2022, from 71.5 million...
Joseph OLAOLUWA -

Illegal loan apps ignore Nigeria’s cyber laws, continue to shame customers

RAUFU Kareem took a loan from AddMoney, an app owned by Rock Financials Limited listed on the Google Play Store. While his loan application was...
Amos ABBA -

Insufficient fuel, reason for Opebi chopper crash – AIB

THE Accident Investigation Bureau (AIB) has disclosed the causes of the air crash involving a Bell 206B III helicopter with registration mark 5N-BQW, which...
Joseph OLAOLUWA -
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CBN retains interest rate at 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5 per...
Joseph OLAOLUWA -

Emefiele berates FX requests for secondary students studying abroad

Central Bank of Nigeria (CBN) governor Godwin Emefiele has berated Nigerian parents seeking foreign exchange to pay fees for their kids in secondary schools...
Harrison Edeh -

How CBN negligence emboldens Naira abusers in social gatherings

FAILURE of the Central Bank of Nigeria (CBN) to enforce the 2007 Act of the bank has continued to embolden the abusers of the...
Vincent Ufuoma -
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CBN bans forex sales to BDCs

THE Central Bank of Nigeria (CBN) has said it will not sell foreign exchange (FX) to Bureau De Change (BDC) operators in the country. The...
Vincent Ufuoma -

High cost of bank credit squeezes Nigeria’s small businesses

MICRO, small and medium enterprises (MSMEs) in Nigeria are hard hit by the high cost of loans offered by deposit money banks, which range...
Odinaka ANUDU -
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Recent

Conflict and Security

Police arrest two persons linked to cases of kidnapping in Ekiti

THE Ekiti State Police Command have arrested two persons linked to high-profile cases of kidnapping in the state. Spokesman of...
Crime

Police rescue 77 worshippers waiting for rapture in Ondo church

THE Ondo State Police Command has rescued 77 persons who are waiting for rapture in an underground church in...
News

Army frowns at circulation of images, videos of soldiers killed by terrorists in Shiroro

THE Nigerian Army has frowned at the circulation of images and videos of soldiers killed by terrorists in Wednesday's...
Politics and Governance

INEC expresses concern over low voter registration in Katsina

THE Independent National Electoral Commission (INEC) has expressed concern over the poor turnout of residents for the voter registration...
News

Bauchi woman accused of sharing blasphemous message on WhatsApp now in prison – CP

THE Bauchi State Police Command on Saturday said a woman accused of blasphemy in Warji Local Government Area of...
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