Behold Folashodun Adebisi Shonubi, Nigeria’s New CBN Governor
Following the suspension of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, President Bola Tinubu has tasked the Deputy Governor, Operations Directorate, Mr. Folashodun Adebisi Shonubi, to lead the country’s apex financial institution in an acting capacity….
Unity Bank Grows Gross Earnings to N57bn in 2022FY, Builds Momentum as Profit Grows By 21% in Q1/2023
Nigeria’s retail lender, Unity Bank Plc, has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding…
Nigeria’s Bleeding Economy And Quest For A Sound CBN Governor
By Yakubu Sani At no time in history has the global social and economic dynamics been so challenged like now. It is coming at a time of Nigeria’s transition from one government to another. The good thing is that the…
How Africa Can Prosper In An Increasingly Complex World, By Osinbajo
VP Says Terrorism in Sahel Region A Global Challenge At King’s College Public Lecture Adds: Africa Can Lead Revolutionary Approach To Climate Change Crisis Sees Digitalisation As Continent’s Best Opportunity To Leap-frog “Africa can take full advantage of the global…
Africa Needs Adequate Financing To Tackle Poverty – ECA
The Economic Commission for Africa (ECA), says Africa needs adequate financing to tackle poverty on the continent and cushion the vulnerable groups while meeting its long-term development objectives. Acting Secretary-General of ECA, Antonio Pedro, said this during his closing remarks…
Naira Crisis: Why Your Response To Supreme Court Judgment Deceptive, Insincere – Arewa Groups To FG
The Coalition of Northern Groups (CNG) has said that the lame response by President Muhammadu Buhari to the Supreme Court of Nigeria order on Naira swap was only meant to deceive the nation. The CNG, in a statement signed by…
Nigerian Banks Comply With CBN Directive On Old N500, N1,000 Notes
In line with the order of the Central Bank of Nigeria (CBN) to Money Deposit Banks (MDBs) to pay out and collect old N500 and N1,000 notes to customers, there was compliance in many states of the federation on Tuesday….
Naira Redesign: Arewa Forum Knocks Buhari Over Supreme Court Order
The Arewa Consultative Forum (ACF) has faulted President Muhammadu Buhari for disobeying the Supreme Court of Nigeria judgment ordering the recirculation of the old naira notes till December 31, 2023. This is coming amid the lingering scarcity of new naira…
Banks Yet To Start Cash Payment, Leaving Customers Stranded
Commercial banks in some satellite towns of Nigeria’s Federal Capital Territory (FCT) had yet to start cash payment, leaving customers stranded and frustrated in spite of the Supreme Court ruling on recirculation of old N500 and N1,000 notes. The News…
Buhari Seeks Duty-free Market Access for Least Developed Countries
President Muhammadu Buhari has called on developed and developing nations to grant duty-free and quota-free market access for products originating from the world’s 46 least-developed countries. He said that this would ensure their integration in regional and global value chains….
FULL TEXT: State Broadcast by Governor Nasir El-Rufai of Kaduna State on Federal Government’s Naira Redesign Policy
One of the leading All Progressives Congress (APC) Governors against the Federal Government naira redesign police, Governor Nasir El-Rufai of Kaduna State, made a state-wide broadcast on Thursday night titled, “Let us Stand Up Strongly For Democracy, Peace And National…
