No Further Bank License Revocations Planned – CBN
The Central Bank Of Nigeria (CBN) has set the record straight, affirming that no additional banks will face license revocation,…
You Can’t Tax Low Income Earners, Ndume Tells Tinubu
Against the backdrop of the recent controversy generated by the implementation of the cybersecurity levy announced by the CBN, Senator…
TUC Threatens Nationwide Shutdown Over Cybersecurity Levy
The Trade Union Congress (TUC) has threatened to shut down the Nigerian economy through a massive protest should the Federal…
CBN Orders Banks To Charge Nigerians For Cybersecurity
In the face of the ongoing hardship ravaging Nigeria, deposit money banks in the country will now start charging 0.5%…
Naira Defense Not Reliant On Foreign Reserves, Says Cardoso
The CBN Governor, Mr. Olayemi Cardoso, announced yesterday that the bank will adopt a more sustainable approach, rather than relying…
New National ID Card To Be Issued Via Banks, FG Clarifies
The National Identity Management Commission (NIMC) has explained that the planned national ID card will be issued to applicants by…
Binance Out To Destroy Nigeria’s Economy – Presidency
Mr. Bayo Onanuga who is a spokesman to the President of Nigeria, has asserted that cryptocurrency trading website Binance will…
Real Reason Naira May Further Depreciate By 35% In 2024 – IMF
The International Monetary Fund (IMF) has sent out a warning that the exchange rate of the Naira may further depreciate…
Senate Moves To Probe Buhari’s ₦30trn Ways And Means Spending
There was a mild drama yesterday as the Nigerian Senate resolved to revisit the issue of the ₦30 trillion Ways…
CBN Governor Declares End To Ways And Means Facility
Nigeria’s Central Bank Governor, Olayemi Cardoso, announced a halt to “Ways and Means” advances to the government, demanding repayment of…
Nigerian Economy: Real Reason Naira Is Falling – Rewane
Renowned economist and the CEO of Financial Derivatives Bismarck Rewane has explained why he believes Nigeria’s currency has been on…
Atiku Faults CBN’s Taking Over Of Crude Oil Sales From NNPC
The presidential candidate of the Peoples Democratic Party (PDP) in Nigeria’s last year’s elections, Atiku Abubakar has faulted the decision…