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Unremitted N1.34trn Revenue: PPPRA Accuses Budget Office of Misrepresentation

The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, described as false, claims by the Budget Office, that it failed to remit N1.34 trillion of...

South Africa’s MTN Plans To Offer Mobile Banking In Nigeria Next...

MTN Group will apply for a mobile banking licence in Nigeria and launch a service there next year, its CEO said on Tuesday, further...

CBN Fixes N5b Capital Base For Payment Service Banks

The Central Bank of Nigeria has fixed N5 billion minimum capital requirement for the Payment Service Banks in the country. A circular to all stakeholders...

Trade Wars: CBN Seeks Policies To Protect Nigeria’s Economy

Against the backdrop of the escalating global trade wars, Mr. Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, has urged Nigeria to...

Fr. Mbaka Predicts Nigeria’s Next President In 2019 Elections

A popular Nigerian preacher, Sunday, openly declared that Atiku Abubakar, the Peoples Democratic Party presidential candidate would defeat President Muhammadu Buhari, the All Progressives...

CBN Reduction In Foreign Reserves Has Nothing To Do With Political...

The recent reduction in the level of the nation’s foreign reserves has nothing to do with on-going political activities, the Central Bank of Nigeria,...

CBN To Revoke 154 Micro-Finance Banks’ Licences, 28 Others

The Central Bank of Nigeria, Wednesday, gave a notification to revoke the operating licences of 182 other financial institutions in the country. According to the...

CBN, BPE Seal Sale Of 12.69b FG Shares In Minting Company

The Central Bank of Nigeria, CBN, and the Bureau of Public Enterprises, BPE, Tuesday formally signed the instrument for the sale of 21 percent...

INVESTIGATION: Untold Stories Of How Naval Ratings Consistently Attack, Kill Policemen...

Ibanga Isine More than a dozen naval patrol Hilux pickups barricaded adjoining streets, isolating the Otop Abasi police station in Calabar, the Cross Rivers State...

CBN Auctions Maiden Chinese Yuan

Central Bank of Nigeria, Wednesday, auctioned its maiden Chinese Yuan worth N3.6 billion at Naira 49-51 per Yuan. The auction is part of efforts to...
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