Senate Threatens To Sanction Banks Over Unpaid N358 Billion Anchors Borrowers Loan

The Senate has resolved to debit the accounts of commercial banks that guaranteed loans to beneficiaries of the Anchor Borrowers Programme of the Central Bank of Nigeria. The Senate vowed to carry out the process through the Central Bank of Nigeria. The Senate

Bank of Ghana Suspends Forex Licences Of GTB, First Bank Ghana Subsidiaries Over Alleged Fraudulent Transactions

It is certainly not the best of times for Nigeria with the sweeping erosion of every economic foundations both within the country and offshore. While the country has been facing extreme uncertainty in its currency at per with other foreign currencies, the latest

Peter Obi Unhappy Over Ukraine’s Food-Aid To Nigeria, Describes It As National Disgrace

– Calls for aggressive investment in agriculture, security, SMEs Chuks Okocha and Sunday Ehigiator, ThisDay The presidential candidate of Labour Party (LP) in the 2023 election, Peter Obi has described Ukraine’s donation of 25,000 tons of wheat to Nigeria as a “national disgrace,”

Sit-At-Home Ends As Commercial Activities Return In Onitsha

The Anambra State Commissioner of Police, Aderemi Adeoye has visited the commercial city of Onitsha to assess the security deployment following the formal end of the Monday sit at home there. Onitsha has been observing the sit at home since it was declared

CBN Slams It’s Sledge Hammer, Revokes Operating Licenses Of 4,173 BDCs

The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country. The bank disclosed this Friday through a statement signed by the acting Director, Corporate Communication, Sidi Hakama. The bank said the affected institutions failed to

BREAKING: Nigerian Govt Slams $10 Billion Fine On Binance For Alleged Terrorism Financing

Nigerian authorities are reportedly seeking $10 billion in penalties from the global cryptocurrency exchange platform Binance, alleging the country has incurred massive losses due to the platform’s activities. The Nigerian government detained two Binance Holdings Ltd. executives, days after the central bank governor

Senator Kalu Explains Why Abia Nominee, Kalu Eke, Rejects Tinubu’s Appointment As CBN Director

Senator Orji Uzor Kalu, Senator representing Abia North at Upper House of the National Assembly has defended his constituents, Mr Urum Kalu Eke, who rejected President Bola Ahmed Tinubu’s appointment as a Director on the Board of Directors of the Central Bank of

Delta Govt Committed To Fiscal Discipline, Transparency, Accountability: Gov Oborevwori

Delta State Governor, Rt. Hon. Sheriff Oborevwori, Monday, reiterated his administration’s commitment to the highest standards of ethical conduct, fiscal discipline and judicious allocation of resources, transparency and accountability. Governor Oborevwori stated this at the Delta State Audit Forum held at the Unity

Tinubu Salutes Gov Otti For His Developmental Strides In Abia(PHOTOS)

President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, could not hide his on-the-spot assessment of Governor Alex Otti’s magic wand in Abia State, thereby electing his emphatic endorsement of the performance of Abia State Governor, Dr. Alex Otti, OFR. “Within the

Tinubu’s Govt Diverting Funds Through Secret Petrol Subsidy, Atiku’s Aide Alleges

Former Vice-President Atiku Abubakar’s Special Assistant on Public Communication, Phrank Shaibu, on Monday, alleged that the refusal of the federal government to react to recent reports on the return of petrol subsidy showed that public funds had started going into private pockets. Shaibu,