CBN has no plan to close community associations’ accounts – Investigations
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) did not direct Deposit Money Banks to seize fund in Community Associations’ Savings Accounts. There has been apprehension among members of Community Development Associations, Cooperative Societies and Social Clubs over reports that accounts held by such organisations which were not properly registered with […]
CBN escrow of DISCOs’ bank accounts saved sector from collapse — Experts
ENERGY experts have claimed that the decision by the Central Bank of Nigeria, CBN, to escrow the bank accounts of electricity distribution companies in August, 2020, saved the power sector from collapse.
CBN escrow of DisCos’ bank accounts saved sector from collapse – Experts
Energy experts have claimed that the decision by the Central Bank of Nigeria (CBN) to escrow the bank accounts of electricity distribution companies in August, 2020, saved the power sector from collapse.
Stakeholders appraise CBN’s TIES initiative
NIGERIAN students, on the platform of the National Association of Nigerian Students, NANS, are now in high spirits, while building hopes of a new dawn of a positive post-schooling experience.
N19.3bn bailout: Activist to sue EFCC, Yahaya Bello, others
By Arogbonlo Israel A renowned activist, blogger and politician of Kogi extraction, popularly known as Usman Okai has vowed to sue the Economic and Financial Crimes Commission (EFCC), Kogi State Governor, Yahaya Bello, among others over unsubstantiated allegations that the State Government fixed N19.3 billion bailout funds received from the Federal Government. The activist, who […]
Economy steadily recovering, but growth still fragile — CBN
THE Central Bank of Nigeria, CBN, Tuesday, said Nigeria’s economy is on recovery path but the growth is still fragile and below potential.
