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IMF advises FG to completely remove fuel and electricity subsidies in 2022

The International Monetary Fund (IMF) has advised the Federal Government of Nigeria to remove fuel and electricity subsidies completely early next year and...

News

Buhari approves fresh N656bn support fund for 36 states1

President Muhammadu Buhari has approved a fresh N656.112 billion Bridge Financing Facility to all states in Nigeria. Each will get N18.2billion to help...

News

eNaira: Speed wallet returns to Google store

The eNaira Speed Wallet app is back on Google Store 24 hours after a technical outage. The app had garnered more than 100,000...

News

eNaira app suffers technical outage

Newly launched eNaira speed wallet application has suffered a technical outage, 48 hours after the digital currency was launched on Monday. eNaira is...

Business

Buhari unveils e-Naira

President Muhammadu Buhari on Monday unveiled the e-Naira. Buhari launched the country’s digital currency at the Presidential Villa, Abuja. The event had in...

Business

Heritage Bank’s debt attracts CBN’s plan to takeover

Heritage bank’s bad debt has attracted attention of highest bank of Nigeria, Central Bank of Nigeria. According to multiple reports, the House of...

News

“Count Me Out Of Naira Devaluation, But”… – VP Osinbajo

Nigeria’s Vice President Yemi Osinbajo has explained that contrary to insinuations that he advocated a devaluation of the naira, he actually made submissions...

Business

FBNH, FirstBank boards’ changes ensured stability

S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by the...

Business

First Bank’s Adeduntan returns as CEO after CBN’s directive

Following the directives from the apex bank of Nigeria, Central Bank of Nigeria, Olusola Adeduntan has returned as the Chief Executive Officer of...

Business

CBN, SEC okay GTBank holdco structure

Guaranty Trust Bank Plc has obtained the approval-in-principle of the Central Bank of Nigeria (CBN) and Securities and Exchange Commission (SEC) to commence...