Buhari Faces Lawsuit over $800m Loan Request by Justice Godfrey Okamgba May 18, 2023 0 Finance Senator Ali Ndume, who represents Borno South Senatorial District, has declared his intention to take legal action against the $800 ... Read more
Has CBN’s Idea of Curbing Inflation become Counter Productive? by Justice Godfrey Okamgba May 18, 2023 0 Finance The playbook adopted by the Central Bank of Nigeria (CBN) to curb inflation seems ineffective amid persistent inflationary pressures. Inflation ... Read more
Five Reasons CBN Unveiled SabiMONI by Justice Godfrey Okamgba May 16, 2023 0 Finance The Central Bank of Nigeria (CBN), Monday, launched an e-learning platform called SabiMONI, aimed at promoting financial literacy and deepening ... Read more
‘Watch Debt Profile, Control Expenditure,’ WTO DG Warns Nigeria by Justice Godfrey Okamgba May 16, 2023 0 Finance The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has cautioned the Nigerian government about the alarming debt ... Read more
New Accounts without BVN to be Blocked in 30 Days, says CBN by Justice Godfrey Okamgba May 15, 2023 0 Finance As part of the process to eliminate fraudulent activities in the sector, the Central Bank of Nigeria (CBN) instructed commercial ... Read more
NCS Rallies Experts to Combat Cybercrimes by Peter Oluka May 13, 2023 0 Security Experts call for increased investment in internet security As CBN, EFCC, CDS, others brainstorm Information Technology (IT) professionals have again ... Read more
MTN to Increase Prices in Selected Markets Due to Inflation by Justice Godfrey Okamgba May 12, 2023 0 Telecoms In a move aimed at generating cash flows and sustaining business operations, MTN Group said Thursday it is planning to ... Read more
Being Fraud Aware: Protect Your Money by Justice Godfrey Okamgba May 12, 2023 0 Finance Financial institutions in Nigeria have lots of work to do in building people's confidence. The wavering trust and skepticism in ... Read more
CBN says BVN has no Expiry Date by Justice Godfrey Okamgba May 11, 2023 0 Finance Contrary to several opinions suggesting that Bank Verification Number (BVN) has an expiration date, the Central Bank of Nigeria (CBN) ... Read more
What CBN told Exporters Concerning FX by Techeconomy May 11, 2023 0 Finance By: Olivia Nnorom The Central Bank of Nigeria (CBN) has reassured exporters of its commitment in strengthening and expanding foreign ... Read more
CBN Authorizes Foreign Banks to Give Nigerian Firms Loans in Dollar by Justice Godfrey Okamgba May 9, 2023 0 Finance The Central Bank of Nigeria (CBN) has authorized foreign banks to work with their parent companies in availing and syndicating ... Read more
REPORT: 40% of Deposits in Nigerian Banks are in US Dollars by Justice Godfrey Okamgba May 5, 2023 1 Finance According to the International Monetary Fund (IMF), over 40 per cent of deposits in local banks are now in United ... Read more
57m Nigerians have BVN: Should CBN be Worried? by Justice Godfrey Okamgba May 5, 2023 0 Finance The journey toward financial inclusion remains one of the primary objectives of the current administration, which will end in a ... Read more
Finally, Lawmakers Authorize Buhari’s N22.7tn Loan Request by Justice Godfrey Okamgba May 4, 2023 0 Finance Nigerian lawmakers have finally approved the restructuring of N22.719 trillion borrowed by the Federal Government from the Central Bank of ... Read more
Emefiele says Transaction Volume via E-channels Increased by 836% by Justice Godfrey Okamgba May 2, 2023 0 Finance According to Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), the number of transactions conducted online climbed by ... Read more