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Banks contravening lending Act to states, others — FRC
The Fiscal Responsibility Commission on Saturday highlighted the risks associated with banks lending in a manner that contravenes Section 45…
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CBN grants banks freedom to trade FOREX freely
The Central Bank of Nigeria has removed the restriction on trading dollar to naira freely in the forex market. The…
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Reps accuse banks, CAC, others of owing FG over N190bn
By Godwin Igwe, Abuja Two banks, the Joint Admissions and Matriculation Board (JAMB) and the Corporate Affairs Commission (CAC) owe…
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CBN to end sale of FOREX to banks
The CBN will stop the sale of foreign exchange to commercial banks before the end of the year, its governor,…
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N784.3m Debt: Court unfreezes account belonging to Benue Govt
The Federal High Court Abuja, on Tuesday, ordered the unfreezing of all accounts belonging to the Benue Government except one…
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Confusion erupts in S’ East over sit-at-home, fresh terrorism charges against Kanu
By Cajetan Mmuta, Awka The Federal Government yesterday filed fresh terrorism charges against the embattled leader of the proscribed Indigenous…
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It’s worrying wealthy nations are restricting investment in fossil fuels — Osinbajo
Vice President Yemi Osinbajo says it is worrying that a growing number of wealthy nations have banned or restricted public…
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Igbo traders send SOS to CBN over multiple charges/deductions by commercial banks
The South East Amalgamated Markets Traders Association (SEAMATA), has sent a “Save Our Souls (SOS)” signal to the Central Bank…
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Federal lawmaker sponsoring Sunday Igboho, linked to 43 bank accounts in 9 banks – FG
Attorney General of the Federation And Minister Of Justice, Abubakar Malami, SAN, has said that those who are the sponsors…
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Diri to restructure Bayelsa’s N150.60bn loans
Governor Douye Diri of Bayelsa has received the approval of the Bayelsa House of Assembly to restructure the state’s commercial…
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