HEADLINES

    20 Banks ready for recapitalisation, meet new minimum capital requirements – Cardoso

     The Central Bank of Nigeria (CBN) says 20 Nigerian Banks have already met the new minimum capital requirement in the…

    Obi, Odigie-Oyegun, ADC chiefs attacked by gunmen in Edo

    Prominent politicians, including former presidential candidate Peter Obi and ex-APC National Chairman Chief John Odigie-Oyegun, were allegedly assaulted by suspected…

    Police bust 10-man kidnapping syndicate, recover ransom in Akure 

    The Police Command in Ondo State says it has arrested 10 suspected kidnappers and recovered money to be used as…

    Sustained inflation decline informed MPR reduction to 26.50% — Cardoso  

    The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis points…

    Why we’re yet to charge El-Rufai to court – EFCC

    The Economic and Financial Crimes Commission (EFCC) has explained why it is yet to charge the former Governor of Kaduna…

    Tinubu accepts Egbetokun’s resignation, appoints Tunji Disu as acting IGP

    President Bola Tinubu has accepted the resignation of Inspector-General of Police Kayode Egbetokun, who cited family reasons for stepping down.…

    Bayelsa assembly confirms pastor Peter Akpe as deputy governor

    The Bayelsa State House of Assembly has confirmed the appointment of Pastor Peter Akpe as the state’s new Deputy Governor.…

    Report child abuse in daycare centres, NAPTIP urges public

    The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has solicited the public’s assistance in providing credible information…

    Protests against Tunji-Ojo target Tinubu’s re-election, says APC chieftain

      By Cross Udo, Abuja   A chieftain of the All Progressives Congress (APC) in Rivers State, Darlington Nwauju, has…

    NSCDC report reveals alarming security decline in Cross River

     By Seyi Odewale The Nigeria Security and Civil Defence Corps (NSCDC) has raised the alarm over worsening insecurity in Cross…

    BUSINESS

      Banking on profits, leaving depositors poorer in Nigeria’s high-rate economy

        By Anthony Otaru, Abuja   For millions of Nigerians, the simple act of saving money has become a paradox.…

      Cardoso hosts British int’l investment, reaffirms commitment to financial sector reform

        Kadiri Abdulrahman The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday, hosted a delegation…

      Weak regulation, macroeconomic risks threaten bank recapitalisation, experts warn

      Financial and economic experts have cautioned that weak regulation and macroeconomic instability could derail the success of current recapitalisation push…

      Behind Customs revenue boom, structural risks still linger

        By Anthony Otaru   The surge in revenue recorded by the Nigeria Customs Service (NCS) under Comptroller-General Bashir Adewale…

      UBA reshuffles executive board, names new directors

        By Francis Ajuonuma   United Bank for Africa Plc has announced a significant reshuffle of its Executive Board, approving…

      SPORTS

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