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Read more about the article JUST IN: Tough Times Ahead For Nigerian Commercial Banks As CBN Plans Tough Sanctions For Banks
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

JUST IN: Tough Times Ahead For Nigerian Commercial Banks As CBN Plans Tough Sanctions For Banks

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on…

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February 28, 2024
Read more about the article Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / Politics

Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing

The Senate on Tuesday proposed a six-year single term for the Governor and Deputy Governors of the Central Bank of Nigeria (CBN). The Red Chamber also sought to limit amount…

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February 28, 2024
Read more about the article Reps Threaten CBN Gov’s Arrest Over REMITA Leakages
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Reps Threaten CBN Gov’s Arrest Over REMITA Leakages

The House of Representatives Public Accounts Committee, on Tuesday, summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to unfailingly appear before it on March 5, 2024 over…

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February 28, 2024
Read more about the article Without Unity, Insecurity Won’t End Says Ambode
Don't Miss / Economy & Business / Featured / News / Newsbeat / Politics

Without Unity, Insecurity Won’t End Says Ambode

A former governor of Lagos State, Akinwunmi Ambode, has warned that without unity among Nigerians, insecurity will not end. Ambode spoke at the Akinjide Adeosun Foundation’s 2024 Leadership Colloquium and…

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February 28, 2024
Read more about the article Interest Rate Hike: Private Sector, Economists Foresee Fresh Job Losses, Recession
Don't Miss / Economy & Business / Editor's Pick / Featured / News / Newsbeat / Politics

Interest Rate Hike: Private Sector, Economists Foresee Fresh Job Losses, Recession

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR…

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February 28, 2024
Read more about the article Intelligence: Police Nab Second Wanted FCT Kidnapper
Don't Miss / Economy & Business / Editor's Pick / Health & Fitness / News / Newsbeat / Terrorism

Intelligence: Police Nab Second Wanted FCT Kidnapper

Operatives of the Federal Capital Territory Police Command have arrested Samaila Fafa, also known as Habu Ibrahim, the second of two wanted kidnappers on whom the FCT Minister, Nyesom Wike,…

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February 28, 2024
Read more about the article Huge Surprise As Police Distribute Biscuits, Water To NLC Protesters In Lagos 
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Huge Surprise As Police Distribute Biscuits, Water To NLC Protesters In Lagos 

The Police Commissioner in Lagos State, Mr Adegoke Fayoade, said the command provided water and biscuits for protesters so as to avoid anyone collapsing on the way. Fayoade spoke with…

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February 27, 2024
Read more about the article Interest Rate High Again: CBN Raises Interest Rate To 22.75%
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Interest Rate High Again: CBN Raises Interest Rate To 22.75%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN Governor, Olayemi Cardoso, disclosed…

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February 27, 2024
Read more about the article NLC President Speaks On Next Move After Protests Says ‘50 Million Nigerians Go To Bed Hungry’
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NLC President Speaks On Next Move After Protests Says ‘50 Million Nigerians Go To Bed Hungry’

The Nigeria Labour Congress, (NLC), has said that at least fifty million Nigerians go to bed hungry due to the economic hardship in the country. Speaking in Abuja on Tuesday,…

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February 27, 2024
Read more about the article Hardship: I’m Not Responsible For Nigeria’s Economic Woes – CBN Gov, Cardoso
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Hardship: I’m Not Responsible For Nigeria’s Economic Woes – CBN Gov, Cardoso

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has distanced himself from the economic woes Nigerians are currently experiencing. Cardoso said he and his team are not…

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February 27, 2024
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