The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.
CBN Governor, Godwin Emefile who announced the decision on Friday evening in Lagos said depositors funds... Read More...
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In continuation of its aggressive tax drive, the Oyo state government on Tuesday shut down the business premises of Obasanjo Farms, located in Oluyole Industrial Estate, Ibadan, MRS oil in the Oyo... Read More...
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The Ekiti state house of Assembly approved an additional N9.9bn to the initial N98.6bn 2018 Budget
At the sitting which commenced at around 12pm, and presided over by Speaker, the bill... Read More...
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Increase in crude oil price, as well as domestic oil production, raised the nation’s revenues from oil, which made the three tiers of government to share N2tn in the second quarter of this year,... Read More...
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2018 budget of consolidation breakdown:
Total Expenditure - N9.12tn
Revenue projection - N7.17tn
Recurrent expenditure - N3.51tn
Capital expenditure... Read More...
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The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.
In its desire to meet customers... Read More...
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“I would like to thank the leadership of the National Assembly, particularly the Senate President and the Speaker of the House of Representatives, as well as all the Distinguished Senators and... Read More...
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The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange... Read More...
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President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation.
Mr. Folashodun... Read More...
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The Minister of Finance, Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission, Mounir Gwarzo, from Office, to allow for an unhindered investigation of several... Read More...
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