Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Diamond Bank plc, has posted an impressive performance scorecard. Assuring its stakeholders of its ability to sustain growth in all parameters, the financial institution increased its gross revenue from N96.8 billion in the half year of 2014 to N103.0 billion as at end […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Senate has directed the Central Bank of Nigeria, CBN, to ensure urgent recovery of the N30 billion waivers illegally granted to some importers. Bukola Saraki, senate president, gave the directive on Wednesday while receiving Godwin Emefiele, CBN governor, and other members of […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria, CBN, on Friday, disbursed additional N6.9bn to five gas suppliers, one power generation company and one power distribution company. The money, which is the third in the series of disbursements made under the N213 billion Nigerian Electricity Market […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria, CBN, and banks, under the aegis of the Bankers Committee have decided to bar bad debtors from purchasing foreign exchange in the inter bank foreign exchange market. Committee which comprises of the top management of CBN, Nigeria Deposit […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow By Charles Soludo I read some of the responses to my article, “Buhari vs Jonathan: Beyond the Election”, and I want to thank everyone who has contributed to the debate. I am glad that the debate has finally taken off. I have decided, […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Government has announced plans to privatize eight sectors of the economy by 2015. The sectors to be privatized include the railway, road authority, inland waterways, Ports & harbor, national transport commission, federal competition, consumer protection and postal bill. Benjamin Dikki, the […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow How I wished Tayo Akpata, Sam G. Ikoku, Bola Ige, Erhunse Bankole Akpata, Tunji Otegbeye and other departed Nigerian thinkers were alive today to see how the cooks of neo-colonial politics have spoilt the broth. I do not envy Allison, Ayida, Phillip Asiodu, […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The All Progressives Congress, APC, has criticized the Central Bank Of Nigeria, CBN, for the devaluation of the Naira, describing the development as not healthy for Nigeria’s economy. Speaking to newsmen in Abuja on Wednesday, Lai Mohammed, National Publicity Secretary of the APC […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow President Goodluck Jonathan on Wednesday, November 12, formally unveiled the new N100 commemorative notes at the Presidential Villa, Abuja. The short ceremony, initially scheduled for last week Wednesday did not hold then because of the President’s journey to Burkina Faso. Namadi Sambo, Vice […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Socio Economic Rights and Accountability Project, SERAP, has dragged the Central Bank of Nigeria, CBN, before a Federal High Court sittingin Lagos over its failure to expose those involved in alleged money launderingused to fund theBoko Haram terrorist group. In a suit […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Professor Attahiru Jega, Chairman of the Independent National Electoral Commission INEC, on Wednesday, September 3, said the commission would consider ways to collaborate with the Central Bank of Nigeria, CBN on the printing of electoral materials for upcoming elections. Professor Jega said this […] More
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow As part of its efforts to sanitise the banking sector, the Central Bank of Nigeria, CBN, has issued a new set of corporate governance guidelines for every bank in the country. As contained in the new guideline, investors are now prohibited from […] More
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