Main Menu

Day: April 29, 2021

CBN Queries First Bank as CEO Is ‘Purportedly Ousted’

Central Bank of Nigeria (CBN)
Says bank under forbearance, liquidity support can’t remove helmsman without approval Shareholders weigh options, Otudeko, Odukake and Adenuga in battle for conntrol The Central Bank of Nigeria (CBN) yesterday queriedRead More

We Can’t Afford Another Civil War, Says Osinbajo

Vice President Yemi Osinbajo
Obasanjo: Insecurity won’t consume Nigeria US issues advisory on Lagos Vice President Yemi Osinbajo yesterday rallied Nigerians to put the brakes on the spiralling violence that has pushed Nigeria toRead More

FG Approves Policy Document On Fighting Poverty

Federal Executive Council (FEC)
The Federal Executive Council (FEC) yesterday approved the National Poverty Reduction with Growth Strategy (NPRGS) submitted by the Presidential Economic Advisory Council (PEAC). The FEC also approved N2.1 billion asRead More

With New Bill, Senate Empowers AMCON To Seize Debtors’ Assets

Asset Management Corporation of Nigeria Amendment (AMCON)
The Senate yesterday passed the Asset Management Corporation of Nigeria Amendment (AMCON) bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions. The amendment billRead More

FG Grants Dangote Cement N22.32bn Tax Credit

Dangote Cement
The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road inRead More

Ohanaeze Demands Prosecution of South-east Violence Perpetrators

Ohanaeze Ndigbo
The pan-Igbo sociopolitical group, Ohanaeze Ndigbo, yesterday called on the federal government to immediately commence an inquest into the rising violence in the South-east, with a view to arresting andRead More