Weekly Newsletter
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Why Central Bank of Nigeria increased minimum capital requirements for banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks. According...
CBN targets 95% financial inclusion by 2024, unveils #SabiMONI
By Chioma Obinagwam Nigeria’s apex monetary regulator, the Central Bank of Nigeria (CBN) has unveiled a financial literacy elearning platform known as SabiMONI,...
Revamping National Arts Theatre will unlock Nigerian creative talents — CBN Governor
By Chioma Obinagwam The governor of Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN), Godwin Emefiele, has commended the Federal Government...
FG, CBN unveil job exit programme for beneficiaries
Former N-Power beneficiaries will now be able to access permanent job opportunities or business prospects in line with the N-power exit strategy. The...
Nigeria’s central bank adjusts Monetary Policy Rate, asymmetric window
By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 12.5 percent ...
FG releases registration schedule for survival fund, opens portal
The Federal Government (FG) has released the timetable for categories of businesses to register following the opening of the portal for the registration...
Sharp practice: CBN imposes N565m sanction on UBA
By Chioma Obinagwam The United Bank for Africa (UBA), one of Nigeria’s tier 1 banks, has been sanctioned to the tune of N565...
COVID-19: NDIC highlights benefits of effective fiscal, monetary policy
By Chioma Obinagwam The implementation of effective fiscal and monetary policy measures is critical towards addressing the unexpected impact of the Covid-19 pandemic...
Tax evasion: Kogi government seals off all Union Bank branches in state
The Kogi State Government on Friday sealed off all the Union Bank of Nigeria (UBN) Branches in the state. The government said their...
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Again Ikeja Electric customers experience frustration in recharging energy tokens
By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...
In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure
By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has now been classified as Critical National Information Infrastructure (CNII). Confiance News...