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CBN confirms minor fire outbreak at its Makurdi Branch

CBN confirms minor fire outbreak at its Makurdi Branch

The Central Bank of Nigeria (CBN), said that the minor fire which occurred at its Makurdi Branch early Thursday morning had been put out and no damage was done. Director, Corporate Communications, Mr Osita Nwanisobi, said this in a statement posted on the apex bank’s website on Thursday. The statement said, “A minor fire occurred […]
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Stakeholders appraise CBN’s TIES initiative

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

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 […]

How CBN intervention can lower N1trn electricity subsidy cost – experts

How CBN intervention can lower N1trn electricity subsidy cost – experts

With Federal Government set to eliminate most subsidies in the electricity sector by January 1, 2022, experts have held that the government could leverage on the N1.5 trillion intervention funds provided by the Central Bank of Nigeria (CBN) to boost the finances of the industry.

Traders send SOS to CBN over multiple charges/deductions by commercial banks

Traders send SOS to CBN over multiple charges/deductions by commercial banks

The South East Amalgamated Markets Traders Association (SEAMATA), has sent a “Save Our Souls (SOS)” signal to the Central Bank of Nigeria (CBN) over multiple and indiscriminate charges and deductions on customers by commercial banks. SEAMATA is the umbrella association of traders in all the markets in the South East geo-political zone and traders of […]