archiveApril 27, 2018

    The Catholic Bishops Conference of Nigeria (CBCN) has strongly condemned the killing of two Catholic priests with their parishioners on Tuesday in Benue state and urged Nigerians to stand up for their right. In a statement jointly signed by the association’s President, Most Rev. Augustine Akubeze and the...

  The Central Bank of Nigeria (CBN) has set the maximum amount a bank customer can transfer via mobile phones using shortcodes at N100,000. In a statement signed by Director, Banking and Payment Systems of CBN, Dipo Fatokun, the decision was made because of the risks associated with mobile banking....

  The Federal Government on Friday accused commercial banks in the country of shielding owners of accounts without Bank Verification Numbers (BVN) in a bid to frustrate the intention of the policy which is to curb the flow of illicit funds and corruption. The federal government stated this at the...

  The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N170 billion following huge gain posted by Nestle. The News Agency of Nigeria (NAN) reports that the market capitalisation rose to N170 billion or 1.15 per cent to close at N14.940 trillion against the N14.770 trillion...

  The Accountant-General of the Federation, Ahmed Idris said  on Thursday in Abuja that the Federal Government States and Local Governments  shared N626 billion in April. He said this while briefing the press on the outcome of the Federal Account Allocation Committee meeting. Giving a breakdown of the revenue accrued...