As we approach the decisive moment of the 2019 general elections, a number of issues are emerging, re-emerging, and or are being reinforced. Ordinarily these issues should play very significant roles in shaping the electoral campaigns, and ultimately the outcome…
Bankers Warehouse demands apology from EFCC over seized $2.8m (Guardian)
Bankers Warehouse, the company whose officials were arrested by the Economic and Financial Crime Commission on Thursday with $2.8 million cash, said the anti-graft EFCC agency erred in intercepting the money. EFCC said the two Bankers Warehouse officials, Ighoh Augustine…
NOVA Merchant Bank appoints Anya Duroha substantive MD/CEO
The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer. The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the approval of the…
Unity Bank wins CBN coveted award
Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable Transaction of the Year in Agriculture’. The Bank won the coveted award for its compliance with the Sustainable Banking Principles…
MTN vs CBN case adjourned to December 4
The court hearing between the Central Bank of Nigeria (CBN) and MTN over the alleged repatriation of funds amounting to $8.1 billion has ended in an adjournment. Sitting at the Federal High Court in Ikoyi, Justice Saliu Saidu, after hearing…
‘Why government must use capital market for privatisation’ (Guardian)
As the Federal Government steps up plans to offer more of its assets for sale under the ongoing privatisation programme, stakeholders in Nigeria’s capital have renewed the call to ensure that the exercise is done through the capital market. The…
Group urges CBN to enforce ban on sale of new Naira notes (Independent)
Prof. Ishaq Akintola, the Director of Muslim Rights Concern (MURIC), an NGO, has urged the Central Bank of Nigeria (CBN) to enforce the ban on sale of new naira notes at parties. Akintola, who made the plea in Lagos on…
Central Bank of Nigeria allays fears over declining external reserves (Leadership)
Amidst concerns over the continuous drop in the volume of the nation’s foreign reserves, the Central Bank of Nigeria (CBN) said yesterday that there is no need to panic. Nigeria currently has a foreign reserves gross rate of about $44.3…
2006-2018: The short eventful life of Skye Bank (Leadership)
Born in 2006 from a union of four banks, the entity, Skye Bank Plc, has been through several transfusions and finally transformed into Polaris Bank on Friday, September 21, 2018 after being on life support for more than two years.…
Osun poll: Security beefed up at INEC, CBN in Osogbo (Vanguard)
Ahead of the Saturday’s governorship election in Osun, security has been beefed up around the Independent National Electoral Commission (INEC) office along Gbongan/Ibadan Road, Osogbo. Heavy security presence was also noticed at the entrance of Central Bank of Nigeria (CBN),…
