For the umpteenth time, Nigerian currency Naira recorded loss at the official market, trading at N1,476.95 to the dollar. Data from the official trading platform of...
Ogun State Governor, Dapo Abiodun, has appointed three consultants to oversee the aviation sector in the state. Press Secretary to the Governor, Tokunbo Talabi, in a...
The Central Bank of Nigeria (CBN) has announced that it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. This statement came...
A former presidential candidate, Peter Obi has urged the Federal Government through the Nigeria Deposit Insurance Corporation (NDIC) to ensure immediate payment of all depositors in...
The Central Bank of Nigeria, CBN, has lifted its ban on onboarding new customers imposed on five prominent fintech startups: Paga, OPay, Kuda, Palmpay, and Moniepoint...
The Nigerian Deposit Insurance Corporation (NDIC) has revealed it will pay a maximum of N5 million to each depositor in Heritage Bank, following the bank’s licence...
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement by the Ag. Director, Corporate Communications of...
The International Air Transport Association, IATA, has revealed that the Federal Government has paid 98 per cent of trapped airlines’ funds, adding that only $19M out...
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has stated reasons why some multinationals are leaving the country. According to him, multinational...
Special Adviser to the Chairman Senate Committee on Banking, Insurance and Other Financial Institutions, Prof Uche Uwaleke, has said that the National Assembly has no plans to...