archive2023

  The Central Bank of Nigeria (CBN) has mandated banks in the country to begin automatic debit of chronic debtors in the country. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, revealed that over N10 trillion has been loaned to customers under various intervention schemes. According to...

Socio-Economic Rights and Accountability Project (SERAP) has urged World Bank President, Ajay Banga, to promptly, transparently and effectively conduct an investigation into spending of loans and other facilities by Nigeria’s 36 state governors. Besides asking the global lender to suspend further loans to unsatisfactory states, the group, in a letter,...

In a bid to further deepen the capital market in Nigeria through the issuance of Islamic Finance instruments, Nigerian Exchange Limited (NGX) and Islamic Development Bank Institute (IsDBI) collaborated on a capacity building workshop for Issuers and Investors. The workshop, held at the Exchange Group House in Lagos on Tuesday,...

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has requested Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology (ICT) in Nigeria. According to a press statement signed and...

The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, has urged Nigerians travelling abroad to go legitimately and with proper documentation to avoid unpleasant consequences. Dabiri-Erewa stated this when she visited some Nigerians in one of the shelters in Brampton, Canada. She urged others planning to travel without...

The All Youth Re-Oriented Initiative (AYRIN), a youth group, has taken a critical stance against President Bola Ahmed Tinubu’s silence on what it perceives as confusion and a miscarriage of justice within the Nigeria judiciary. AYRIN warns that this silence may pave the way for anarchy and potentially invite military...

Speaker of the House of Representatives, Tajudeen Abbas, has recommended the privatisation of oil refineries in the country to enable them function optimally. Abbas gave the recommendation on Thursday, while receiving the management of NNPCL led by the Group Managing Director, (GMD) Mr Mele Kyari in Abuja. He described the...

Jaiz Bank Plc has appointed Haruna Musa, as substantive managing director. A regulatory filing at the Nigerian Exchange (NGX), said the appointment has been approved by relevant authorities including the Central Bank of Nigeria (CBN). Musa, whose appointment took effect on November 21, 2023, succeeded Ahmed Hassan, who will proceed...

  The Lagos Coroner Court sitting at Ita-Elewa in Ikorodu has said a toxicology test carried out on the body of the late music star, Ilerioluwa Aloba, known as Mohbad, is being conducted in the United States of America. Toxicology is the aspect of an autopsy seeking to determine the...

Presidential aide on Information and Strategy, Bayo Onanuga, has revealed that President Bola Tinubu was still recovering from the knee surgery he had in London, the United Kingdom. Onanuga made this revelation in a recent interview with the Nigerian Tribune, while answering a question about President Tinubu’s health. Recall that...