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Reps Query OAGF’s Payment of N15bn to Remita, Accuse CBN of Complicity
adminMarch 29, 2024
Reps Query OAGF’s Payment of N15bn to Remita, Accuse CBN of Complicity The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a…Read More
MTN, Tier-1 banks’ stocks lift NGX gains by N157bn
adminMarch 29, 2024
MTN, Tier-1 banks’ stocks lift NGX gains by N157bn Renewed interest in MTN Nigeria, alongside sustained interest in Tier-one banks’ stocks on Thursday further raised the equity market higher by…Read More
Zenith Bank to Submit 2023 Financial Statement April 30
adminMarch 29, 2024
Zenith Bank to Submit 2023 Financial Statement April 30 Zenith Bank Plc. on Thursday expressed optimism that it would submit its 2023 full-year audited financial statement to the Nigerian Exchange…Read More
CBN Hikes Banks Capital Base to N500bn
adminMarch 29, 2024
CBN Hikes Banks Capital Base to N500bn The Central Bank of Nigeria (CBN) has increased deposit money banks’ capital base, according to an official statement posted on its website. This…Read More
Afreximbank Closes $282m India-Focused Club Deal
adminMarch 29, 2024
Afreximbank Closes $282m India-Focused Club Deal The African Export-Import Bank (Afreximbank) on Thursday announced the successful completion of a first-of-its-kind India-focused club deal for 282 million dollars. This is contained…Read More
AfDB, Indorama Sign $75m Deal to Boost Fertilizer Production
adminMarch 29, 2024
AfDB, Indorama Sign $75m Deal to Boost Fertilizer Production The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The…Read More
US Dollar Rises Ahead of Economic Data Release
adminMarch 29, 2024
US Dollar Rises Ahead of Economic Data Release The US dollar rose against its major trading partners early Thursday ahead of a busy data schedule that starts with weekly jobless…Read More
Edo Panel To Begin Sitting On Deputy Gov’s Impeachment April 3
adminMarch 29, 2024
The panel set up by the Edo State Chief Judge, Daniel Okungbowa, to investigate the allegation of misconduct levelled against the state Deputy Governor, Philip Shaibu, by the Edo State…Read More
An Analysis Of Admiralty Jurisdiction In Nigeria
adminMarch 29, 2024
By Oyetola Muyiwa Atoyebi, SAN FCIArb. (U.K) INTRODUCTION The Nigerian Maritime Sector, no doubt, contributes significantly to the nation’s economy. Recognising the importance of the sector, the Federal government in…Read More
NBA Warns Members Against Fraudulent Help Desk Officers & BPF Payment Links
adminMarch 29, 2024
The National Executive Committee of the Nigerian Bar Association (NBA) has issued a warning to its members regarding unscrupulous individuals posing as NBA help desk officers on social media platforms,…Read More
Ex-Minister Shittu Describes Banditry As ‘Rebellion Against Neglect Of Northern Poor’
adminMarch 29, 2024
Adebayo Shittu, a former Minister of Communications in the Muhammadu Buhari administration has described banditry as a rebellion against the neglect of the poor people in the Northern Nigeria. Shittu…Read More
CBN Unveils New Recapitalization Guidelines, Raises Banks’ Capital Base
adminMarch 29, 2024
*Gives Banks 24 Months To Recapitalise Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria…Read More