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CBN drops interest rate to 13.5% for first time in two years
The monetary policy committee (MPC) of the Central Bank of
Nigeria (CBN) has dropped the monetary policy rate (MPR) for the first time in more
than...
Dangote refinery won’t sell petrol at regulated price, Dangote says
President of Dangote Group, Aliko
Dangote, has said that refined petrol from his refinery will not be sold at the
government’s regulated price.
Dangote said this during...
AMCON to sell Polaris Bank after 2019 elections
The Assets Management Corporation of Nigeria (AMCON) has
said it would begin the process of seeking buyers for Polaris Bank after the
general elections.
AMCON spokesperson, Jude...
Kogi senatorial aspirant, Natasha Akpoti, survives road accident
Social Democratic Party (SDP) senatorial candidate for Kogi Central, Natasha Akpoti, on Sunday survived an auto accident along the Lokoja-Abuja highway.
The lawyer-turned-politician confirmed the...
Why we revoked Skye Bank’s licence – CBN
Gentlemen of the Press
1. You will recall that on 4th July 2016, we took a regulatory action on Skye bank Nigeria PLC. Specifically, this...
Who am I to speak after Tinubu? Ambode jokes at Jim Ovia’s book launch
Lagos State Governor, Akinwunmi Ambode, sent audience laughing at the launch of Africa Rise and Shine, a book by Zenith Bank Chairman, Jim Ovia,...
SystemSpecs showcases Nigerian ingenuity at US-Nigeria Investment Summit
SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), is flying the Nigerian flag alongside representatives of...
MTN reaffirms commitment to Nigeria, holds strategic sessions
A high-powered delegation from MTN Group has held planned strategic sessions in Nigeria solely to underscore the company’s commitment to the country.
The sessions were...
New CBN DGs, MPC members assume duty
Aisha Ahmad and Edward Lametek Adamu have formally assumed duty as deputy governors of the Central Bank of Nigeria (CBN) following the confirmation of...
Governor Emmanuel, Wike, others for South-South Leadership Advancement Awards
Governor Udom Emmanuel of Akwa Ibom and his Rivers counterpart, Nyesom Wike have been nominated for at the 2017 edition of the prestigious South-South...