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Finance & Economy
CBN threatens to sanction banks engaging in illegal sales of Forex
The Central Bank of Nigeria (CBN) has threatened to punish banks engaging in illegal sales of forex. The acting Governor of CBN, Folashodun Shonubi, who disclosed…
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Finance & Economy
CBN loans from foreign banks may cost Nigeria 40% of foreign reserves
Africa’s biggest economy is battling its worst economic turmoil in decades as the Central Bank of Nigeria’s (CBN) debt to…
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News
NNPCL awaits presidential directive on N48bn pipeline contract
The Federal Government has not issued any directive for the cancellation or re-award of the N48bn oil pipeline surveillance contract…
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Finance & Economy
Diversion of diaspora remittances is reason for naira crash – CBN Acting Governor
The Central Bank of Nigeria (CBN), has attributed the crash of the naira against the dollar and its inability to…
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Business
LET SEPLAT BREATH, CONCERNED STAKEHOLDERS WARN MISCHIEFMAKERS
Piqued by what has been described as the “mischievousness of some disgruntled persons,” another group of shareholders of Seplat Energy…
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News
CBN probe: Investigator raises alarm over alleged smear campaign against him
LAGOS—The special investigator, recently appointed by President Bola Tinubu, to investigate the Central Bank of Nigeria, CBN, and related entities,…
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Leaders
Corruption: Fagbemi seeks unbundling of EFCC, ICPCP.
A Senior Advocate of Nigeria and ministerial nominee from Kwara State, Lateef Fagbemi, has said that the unbundling of the…
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News
Tinubu forwards fresh list of 19 ministerial nominees to Senate, Oyetola, Bagudu, Matawalle, Lalong on list
President Tinubu had last Thursday forwarded a list of 28 ministerial nominees to the Senate for confirmation.ByAbdulqudus Ogundapo August 2,…
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Uncategorized
Gbajabiamila Submits Tinubu’s Supplementary Ministerial List To Senate
The Chief of Staff to President delivered the second list of ministerial nominees to Senate President, Godswill Akpabio at plenary…
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Uncategorized
Naira to strengthen to N700/$ as Tinubu eyes foreign equity investment–Wale Edun
The Nigerian naira should exchange at N700 per US dollar once the Central Bank of Nigeria has fully reversed all…
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