Tag: BANK
Ex-CBN Gov, Emefiele Pleads Not Guilty To Firearms Charge
The suspended Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has pleaded 'not guilty' before the Federal High Court, Lagos, to a...
Adesina Pledges To Support Nigeria’s Economic Recovery
The African Development Bank, AfDB has pledged to help Nigeria resuscitate its economy.President of the Bank, Akinwumi Adesina, gave the assurance during a meeting...
Reps To Investigate N413bn Subsidy Funds Borrowed From CBN
Investigation has been launched into the 413 billion naira funds the federal government borrowed from the Central Bank of Nigeria, CBN for subsidy payments.The...
FG Borrowed N6tn From CBN In 2022 – Report
Central Bank of Nigeria, CBN says Federal Government had borrowed 6.07 trillion naira through Ways and Means Advances in 2022.According to recent data from...
Nigeria’s Economy, Other African Countries To Grow By 4.1% Amid Crises...
African Development Bank, AfDB says Nigeria and other economies of Africa is projected to grow by 4.1 per cent in 2023 and 4.3 per...
Serap Writes World Bank, Demands Suspension Of Buhari’s $800m Loan Request
The Socio-Economic Rights and Accountability Project, SERAP has asked the World Bank to suspend the 800 million dollars loan being requested by the President...
NNPC To Deduct 127bn From FAAC, Plans $5bn Afrieximbank Loan
The Group Managing Director of the Nigerian National Petroleum Company, NNPC Limited Mele Kyari says the agency is was working with AfrieximBank to raise...
CBN May Increase Interest Rate This Year, Says Report
A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to tighten monetary conditions as...
Apex Bank Says Capital Importation Falls By 1.68tr
The National Bureau of Statistics, NBS latest statistics showed that foreign investors have rejected the Nigerian market as capital importation has fallen by 4.08...
Reps Threaten Bank With Takeover Over Debt, MD’s Arrest
The House of Representatives, threatened that it will ask the Central Bank of Nigeria to take over the ownership of Heritage Bank of Nigeria...
P&ID: Court Grant Nigeria’s Request To Access Jonathan’s, Diezani’s Bank Records
A United States court has granted Nigeria permission to investigate bank transactions involving former President Goodluck Jonathan, his wife Patience, former Petroleum Resources Minister...
No Palliatives For Nigerians With Over N5,000 In Bank
The Federal Government has said that people with over 5,000 naira in their bank account will not benefit from the palliatives to cushion the...
Security Challenges: World Bank Assures, Nigeria Not A Fragile State
The World Bank Group on addressing Fragility, Conflict
and Violence has said that Nigeria is not a fragile state even with the current
security challenges.The group’s...
Public Property: Presidential Panel Recovers N40m From Commercial Bank
The Special Presidential
Investigation Panel for the recovery of Public Property, says it has recovered
over 40 million naira for the Federal Government from one of...
