India’s Central Bank on Thursday, 7/2/2019, unexpectedly lowered interest rates and, as anticipated, shifted its stance to “neutral” from “calibrated tightening” to boost a slowing economy after a sharp fall in the inflation rate. The…
A whooping N600 million owed Fidelity Bank by the Chagouri Brothers, who drove the privatisation process of Asaba Textile Mill, Asaba is the albatross standing against the reactivation of the textile mill. Delta State Commissioner…
By Ige Adekunle Mr Wale Adegbite, Chairman, Manufacturers Association of Nigeria (MAN) Ogun Chapter, on Thursday expressed disappointment over the Monetary Policy Committee (MPR) ‘s decision to retain all the monetary policy rates. Adegbite expressed…
CBN Building, Abuja. By Racheal Ishaya The external reserves of Nigeria has grown, hitting a record high of $46 billion, the Central Bank of Nigeria (CBN), said on Sunday. The Acting Director, Corporate Communication, CBN,…
Craig Wright, the Australian who has previously claimed to be Bitcoin creator Satoshi Nakamoto, is the subject of a multi billion dollar lawsuit. Wright is being sued by the estate of David Kleiman, who was…
Askia Ogieh, Executive Director Finance and Admin., DESOPADEC In a bid to put the record straight end speculation and shut up the rumour mill, Delta State Oil Producing Areas Development Commission (DESOPADEC), says it has…
By Chinyere Joel-Nwokeoma Alhaji Aliko Dangote, Chairman, Dangote Sugar Refinery (DSR) on Thursday, 27/4/2017, said that N106 billion would be invested in the company to boost profitability and enhance dividend payment. Dangote told shareholders at…
By Chijioke Ohuocha, LAGOS. Central Bank of Nigeria (CBN) will now allow investors to engage in foreign exchange trading at rates the buyers and sellers set, a move it hopes will increase the amount of dollars…
Whistleblower spills on two suspicious accounts in GTB branch A tip-off by a whistle blower on Tuesday, 11 April has led to the discovery by the Economic and Financial Crimes Commission, EFCC, of N4 billion…
From left Barr. Raymos Guanah input supplier, middle Mr. Mathew Badaiki CBN anchor Man and the chairman project Monitoring team, and others Kwale: Following the development of the CBN anchor borrowers program in the state,…
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