…Requiring social media handles would affect right of freedom of expression —SERAP By Sodiq Adelakun The Socio-Economic Rights and Accountability Project (SERAP) has urged Acting Governor, Central Bank of Nigeria (CBN), Mr Folashodun Shonubi, to “immediately delete the patently unlawful…
The Nigeria Deposit Insurance Corporation (NDIC) has dissociated itself from the alleged $76million cache involving a staff of the Corporation. Recall that some news media (Not Nigerian NewsDirect) reported that a former Permanent Secretary in the Ministry of Finance, Dr.…
FirstBank of Nigeria Limited, Nigeria’s premier banking institution and leading financial inclusion services provider, has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank) Pan African Business and Development Awards. The ceremony marked the 30th…
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the…
The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira depreciated by 0.66 per cent when compared with N765.13 for which it exchanged for the…
The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal, has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business and empowerment for the youth. Lawal…
By Sodiq Adelakun The announcement of the policy to unify the currency should have a long-term positive effect on foreign exchange rate and free flow of capital in the country. This is according to a recent report by Utica Capital…
By Sodiq Adelakun The Debt Management Office (DMO), has warned the Federal Government against embarking on more borrowing, stating that 73.5 per cent of revenue generated this year will be used to service debt. The office noted that the projected…
The value of Nigeria’s export may rise to at least N41.99 trillion per year following the Central Bank of Nigeria (CBN) float of the naira. The apex bank had last Wednesday directed Deposit Money Banks to remove the rate cap…
Access Bank and United Bank for Africa (UBA) in Accra Ghana, signed an agreement with the African Continental Free Trade Agreement (AfCFTA) to eliminate trade barriers. The annual meetings of the African Export-Import Bank (Afreximbank), also featured the signing of…
