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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...

Rising inflation in Nigeria fuelled by insecurity, naira devaluation -Emefiele

CENTRAL Bank of Nigeria (CBN) governor Godwin Emefiele has said that rising inflation in the country was caused by devaluation of the naira and...

Do not patronise these micro-finance banks, CBN warns

THE Central Bank of Nigeria (CBN) has revoked the operating licenses of 42 micro-finance banks. This was made known in a statement by the Nigeria...
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How security guards of Abuja schools coped during COVID-19 pandemic

ARMED only with a cutlass, 52-year-old Yisa Burawa, a security guard at Unique International School located in the Bwari area of Abuja, once chased...

NAS condemns clampdown on #EndSARS protesters by govt, calls on CBN to unfreeze bank accounts

THE National Association of Seadogs, Pyrates Confraternity, has called on the Nigerian government to halt its attempts to muzzle #EndSARS protesters, who have been...

Naira drops to N470 per dollar in parallel market despite CBN interventions

THE Naira dropped against the US Dollars, USD, by N470 in the parallel market which is the weakest rate in six weeks, despite the...
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Emefiele broke the law to freeze accounts of #EndSARS protesters, letter from bank confirms

GODWIN Emefiele, the Governor of Central Bank of Nigeria (CBN) violated extant regulatory procedure when he ordered 20 bank accounts owned by #EndSARS campaigners...

CBN accuses #EndSARS protesters of terrorism after freezing their bank accounts illegally

THE Central Bank of Nigeria (CBN) has accused some #EndSARS protesters of financing terrorism after freezing their bank accounts illegally. The CBN had in the...

Recent

NESG asks FG to cut leakages, reduce cost of governance

THE board of directors of the Nigerian Economic Summit Group (NESG) has directed the Federal Government to cut leakages...

World Congress of Science and Factual Producers offers scholarships

THE World Congress of Science and Factual Producers (WCSFP) is inviting applications for its Emerging Producers Bursary Program. The programme...

EFCC arraigns fake Air Force officer over job scam

THE Economic and Financial Crimes Commission (EFCC) has arraigned a fake Air Force officer, Ahmed Umar, before a Federal...

How leaked letter over missing funds led to my suspension at CBN — Sanusi

FORMER Emir of Kano Lamido Sanusi has revealed how the leaked confidential letter he wrote about missing funds in...

Nigeria’s minister becomes only African to join global league of cybersecurity experts

THE Nigerian Minister of Communications and Digital Economy Isa Pantami has been bestowed with a Chartered Institute of Information Security...
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