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We have not extended BDC recapitalisation deadline — CBN

By Babajide Komolafe The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. The CBN, through its Acting Director of the Corporate Communications Department, Mrs. Hakama Sidi Ali, described the information as […]

No final decision on $5bn oil-backed loan from Saudi Aramco — FG

By Obas Esiedesa, Abuja  The Federal Government, yesterday, said no final decision has been taken on the reported plan to obtain a $5 billion oil-backed loan from Saudi Arabia’s Aramco.  The loan which is said to be part of the $21.5 billion borrowing plan submitted to the National Assembly last month by President Bola Tinubu, was not […]

Salute to Scholars from Street June 12

Three decades on, what else can a two-star, if you like, a two-scar champion of Nigeria’s renowned June 12 presidential election do as a patriot who has elected to stay put in Nigeria other than uphold the cause infinitely?

NAICOM guidelines on cyber risk insurance, annuity, market conduct underway

By Rosemary Iwunze  The National Insurance Commission, NAICOM, will soon release supplementary guidelines on annuity to forestall nonpayment of pension benefits to retirees. Vice Chairman, Publicity Sub-Committee of the Insurers Committee who is also Managing Director of NSIA Insurance, Mr. Moruf Apampa, disclosed this at a media briefing yesterday after the Insurers Committee meeting in Lagos. […]

Ereyitomi salutes Deltans on Democracy Day

The Member Representing Warri Federal Constituency at the House of Representatives from Delta State has joined Nigerians and the entire Warri Federal Constituency to celebrate this year’s Democracy Day. Chief Ereyitomi noted that on a day like this, we have to reflect on the tortuous journey to democracy and celebrate the memories of our compatriots […]

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