Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the apex bank’s decision to implement the electronic foreign exchange matching system (EFEMS) shows the financial regulator is serious about fair and efficient markets. Cardoso spoke while addressing members…
*Shelve protests, give me more time, Tinubu begs youths (DailyTrust)*Nigerian man breaks Guinness World Record for longest twerking (Nation)
Shelve protests, give me more time, Tinubu begs youths (DailyTrust) President Bola Ahmed Tinubu has asked those planning to protest against his administration’s policies to shelve their plan. Addressing State House reporters after a meeting with the President on Tuesday,…
OPay, Moniepoint, others to resume onboarding new customers – CBN
The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank and Moniepoint, will resume the enrolment of new customers “in another couple of months”. CBN Governor, Olayemi Cardoso, stated this on Tuesday…
*Another Chinese expatriate ‘kills’ Nigerian who rejected love advances (DailyTrust)*EFCC arrests 20 suspected internet fraudsters in Abuja (Vanguard)
Another Chinese expatriate ‘kills’ Nigerian who rejected love advances (DailyTrust) Ocheze Ogbonna, a female crane operator at Inner Galaxy Steel Company, Umuahala-Obuzor in Ukwa West Local Government Area of Abia State, has been allegedly killed by a Chinese national who…
*I underwent two brain surgeries in Nigeria — Zack Orji breaks silence (Vanguard)*Inside the most expensive school in Nigeria (Punch)
I underwent 2 brain surgeries in Nigeria — Zack Orji breaks silence (Vanguard) Nollywood veteran, Zack Orji has revealed how he underwent two brain surgeries in Nigeria. Orji made this revelation in an interview with Channels TV on Sunday. The…
CBN raises interest rate to 24.75%
The Central Bank of Nigeria (CBN), has raised the Monetary Policy Rate (MPR), it’s benchmark interest rate to 24.75% representing 200 basis points increase from 22.75% in February. The CBN however retained the Cash Reserve Ratio (CRR) of commercial banks…
President Tinubu nominates Cardoso as new CBN governor
President Bola Tinubu has approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five years at the first instance. This is contained in a statement…