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    Why CBN Revoked Skye Bank License

    Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria, CBN says it revoked the license of Skye Bank after examinations and forensic audit that revealed that the bank requires urgent recapitalisation. Godwin Emefiele, Governor of the CBN also disclosed that Skye Bank can no longer continue to […] More

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    Power: CBN Pays Another N7bn for Gas

    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

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    Jonathan Unveils N100 Commemorative Notes

    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