In response to the Central Bank of Nigeria’s (CBN) proposal for a 70% tax on the excessive profits banks made from naira devaluation in 2023—profits which increased by at least…
The Central Bank of Nigeria and the Securities and Exchange Commission have approved the N147 billion rights offer of FCMB Group. This was disclosed in a statement issued on Monday…
Let us look at a few figures. Nigeria’s population is put at a little over 200 million people while the UK population is about 68 million. This means that the…
His sight was set far ahead, beyond the realm of the room. Silence was the compelling essence as he looked on, his eyes fixated on the dream. Then he ended…
As reactions continue to trill the judgement of a Federal High Court in Abuja on the Rivers State fund, former Vice President Atiku Abubakar has cautioned the judiciary against acts…
Yemi Cardoso, Governor of the Central Bank of Nigeria was guest of the Harvard Club of Nigeria in Lagos on Friday October 4th, 2024. In speaking to the topic –…
Zenith Bank Plc has unveiled plans to raise N290 billion through a combined Rights Issue and Public Offer. The announcement came during a signing ceremony held on July 29, 2024,…
The Federal High Court in Lagos, on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele.…
Olusegun Alebiosu, the executive director of FirstBank Group, has been appointed as its acting managing director with immediate effect. The bank made this announcement on Sunday through a statement by…
The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the…