CATEGORY
Markets
EFCC arrests Sirika over alleged N8bn Nigeria Air fraud
Editor -
The Economic and Financial Crimes Commission has arrested former Minister of Aviation, Hadi Sirika, over an ongoing N8,069,176,864.00 money laundering probe.
The indicted former Minister...
FG Sets 18 Years as Minimum Entry Age Into Universities
Editor -
The federal government has directed that admission to tertiary institutions should not be given to candidates less than 18 years old.
The Minister of Education,...
CBN Partners Money Transfer Companies in Bid to Double Remittances to Nigeria
Editor -
The Central Bank of Nigeria (CBN) has secured the cooperation of some International Money Tranfer Organisations (IMTOs) to double the flow of remittances to...
Nigeria Working on Details of Dollar-denominated Local Bond – DMO
Editor -
Nigeria is working on the details of the proposed dollar-denominated domestic bonds, which is part of overall measures by the federal government to address...
The Imperative of Upholding Nigeria’s Telecoms Lifeline
Editor -
Ikemesit Effiong    Â
It is neither profound nor insightful to state that Nigeria is living through a near-unprecedented cost-of-living crisis. Core inflation touched 33.2%...
Nigeria Set To Receive Fresh $2.2bn World Bank Loan – Edun
Editor -
The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the...
First Bank Appoints Alebiosu Acting MD
Editor -
First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Managing Director with effect from April 2024.
The bank stated this in a...
Kenya to Extradite Binance Executive Who Escaped From Nigeria
Editor -
Following his arrest, the Kenya Police Service is expediting moves to extradite fugitive Binance executive, Nadeem Anjarwalla, to Nigeria within the week, The PUNCH...
Adeduntan Resigns as First Bank CEO
Editor -
The Managing Director of First Bank Nigeria Limited, Dr Adesola Adeduntan, has tendered his resignation.
Adeduntan’s departure marks the end of his nine-year tenure, during...
Banks Groan Under N481.96bn Regulatory Costs
Editor -
Regulatory induced costs have been a contentious issue among shareholders of banks who argue that a reduction in these mandatory levies will boost their...