Money
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CORRUPTION: Ortom rails at ‘national malaise’, laments diversion of state revenue by multiple unapproved collectors
From MASHA TSAV, Makurdi Benue State Governor, Samuel Ortom has cried out over what is believed to be a national…
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FG miffed by N90.1bn unfunded pension liabilities, intensifies effort to offset bill
Respite may be underway for 92,000 government pensioners under the Defined Benefit Scheme (DBS), as the federal government is currently battling…
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CBN, EFCC, FCCPC, others to prosecute ‘loan sharks’ over data privacy abuse
The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission…
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Afreximbank to disburse $40bn to support intra-African trade for next five years – Oramah
From JAMES NWABUEZE, Abuja President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Benedict Oramah,…
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CBN explains disappearance of eNaira app from Google play store
The Central Bank of Nigeria (CBN) has explained why the newly launched e-naira speed wallet suddenly disappeared from the Google…
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Buhari unveils eNaira, says it will boost GDP with $29bn in 10 years
From JAMES NWABUEZE, Abuja The much-awaited Central Bank of Nigeria Digital Currency (CBDC), otherwise known as eNaira, was finally unveiled…
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Banks get deadline to report dead customers’ BVNs, to report to NIBSS within 24 hours
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report the Bank Verification Number (BVN)…
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Court faults CBN’s imposition of discriminatory bank charges on cash depositors in Anambra, others
A federal high court sitting in Awka, Anambra state has faulted the Central Bank of Nigeria (CBN’s) imposition of discriminatory…
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LOOMING DEBT TRAP: Nigeria owes World Bank alone whopping $11.51bn, lament experts
From JAMES NWABUEZE, Abuja Against the backdrop of President Muhammadu Buhari’s request for a fresh $4 billion and the controversy…
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CBN goes after bank customers using ‘fake visas’ to obtain forex
To sustain the stability of the forex market, the Central Bank of Nigeria (CBN) has read the riot act to…
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