Monday, April 19, 2021



Why aren’t Nigerians curious about the new PIB?, by Gimba Kakanda

In January, when representatives of oil-producing communities converged at the National Assembly for a public hearing on the controversial Petroleum Industry Bill (PIB), they...

APC governors disown Obaseki over allegation of currency printing

The Progressive Governors’ Forum, PGF has debunked claims by Gov. Godwin Obaseki of Edo that the Federal Government printed between N50 billion – N60...

SEC, CBN working on cryptocurrency regulation – Yuguda

The Securities and Exchange Commission, SEC, says it is working with the Central Bank of Nigeria, CBN, for better understanding and regulation of cryptocurencies in the country.

Suspension of NIRSAL loans to farmers will affect food security, says AFAN

The All Farmers Association of Nigeria, AFAN, has urged the Central Bank of Nigeria, CBN, to resolve issues surrounding the suspension of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, loans to farmers, so as to avert impending food crisis.

An open letter to Nigeria and Mr President, by Saratu Ishaya Audu

I accept that it is disrespectful to use abusive language on anyone, especially not an elder or the President -- I sincerely apologise for...

Attack on Soludo: Police arrest 4 more suspects

The Anambra State Police Command says it has arrested four more suspects in connection with the attack on a former governor of the Central Bank of Nigeria, CBN, Charles Soludo.

DSO: Nigerian govt to rake in $1bn from spectrum sale – Minister

The Minister of Information and Culture, Lai Mohammed, says over one billion dollars would accrue to government from the sale of spectrum after completion of the Digital Switch Over, DSO.

3 policemen killed as gunmen attack ex-CBN governor, Charles Soludo-led gathering

Police in Anambra have confirmed gun attack on gathering being addressed by Charles Soludo, former Central Bank of Nigeria, CBN governor in his country...

Senate gives Emefiele 72 hours to appear before it over alleged missing $9.5m

The Senate on Monday gave Central Bank of Nigeria Governor, Godwin Emefiele, 72 hours to appear before it over the alleged disappearance of $9.5million interest that accrued from Petroleum Profit Tax, PPT, investment.

Most vehicles imported into Nigeria are rickety – Customs CG

The Comptroller General of Nigerian Customs Service, NCS, Hameed Ali, has said that most vehicles imported into the country were rickety. Mr Ali disclosed this...

Prosecutor tenders $1.3m cash recovered from member of Buhari’s arms probe panel

The Federal Government prosecutors at the Federal High Court in Abuja have tendered a cash sum of $1.3 million recovered from retired Air Commodore Umar Mohammed, a member of the Jon Ode led Presidential Investigative Committee on Arms Procurement.

Prosecutor tenders $1.3m cash recovered from member of Buhari’s Arms Probe Panel

The Federal Government, on Thursday, tendered before the Federal High Court, Abuja, different currencies of dollars stashed in three bags as evidence in the money laundering charge against retired Air Commodore Umar Mohammed.

Insecurity: Abacha regime better than Buhari administration – Mailafia

A former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia, has said Nigeria’s security situation during the era of the late military Head of State, Sani Abacha, was far better than what obtains during President Muhammadu Buhari’s administration.

Reps summon Emefiele, Attahiru over arms purchase

The House of Representatives on Monday summoned the governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, and the Chief of Army Staff,...

774,000 jobs: Buhari directs CBN to pay N60,000 to each participant

President Muhammadu Buhari has directed the Central Bank of Nigeria, CBN, to pay N60,000 stipend to participants of the Special Public Works programme of...

Workers vacate National Theatre complex for rehabilitation

Theatre workers and allied agencies operating inside the main bowl of the National Theatre in Lagos on Friday began to remove their properties, following the dateline given by the Federal Government.

Buhari appoints Isa-Dutse as Executive Director Islamic Dev’t Bank board

President Muhammadu Buhari has approved the appointment of Mahmoud Isa-Dutse as Executive Director on the Board of Islamic Development Bank, IsDB, in Jeddah, Saudi...

BREAKING: CBN introduces new charges for USSD services

The Central Bank of Nigeria, CBN, has introduced new charges for customers using the Unstructured Supplementary Service Data services.

Reps intervene in USSD N42bn dispute between telecom operators, banks

The House of Representatives has urged telecommunication operators to halt the planned withdrawal of Unstructured Supplementary Service Data, USSD, services to financial institutions in the country.

Private firm to run National Theatre for 21 years – Lai Mohammed

The Federal Government says the National Theatre in Lagos will be run by a competent management team to be known as Special Purpose Vehicle, SPV, for a period of 21 years after renovation.

WTO boss, Okonjo-Iweala, arrives in Nigeria, to meet Buhari

Ngozi Okonjo-Iweala, Director-General, World Trade Organisation, WTO, on Saturday, arrived in Nigeria on a 4-day official visit aimed at enhancing trade and improving the...

N85bn credit support disbursed to health projects – CBN

The CBN says it has disbursed over N85 billion to no fewer than 80 projects, under its Healthcare Credit Support scheme, the bank’s Director of Development Finance, Yila Yusuf, has announced

FreeTv decoder to be sold at N9,000 – Manufacturers

The Chairman of the Set-Top Box, STB, manufacturers, Geoffrey Ohuabunwa, says a decoder for the Digital Switch Over, DSO, Free TV, otherwise known as STB will be sold for N9, 000.

Dabiri-Erewa lauds CBN for introducing Diaspora Remittance Scheme

Abike Dabiri-Erewa, Chairman/Chief Executive Officer of the Nigerians in Diaspora Commission, NiDCOM, has lauded the Central Bank of Nigeria, CBN, for introducing the Diaspora Remittance Scheme.

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