Buhari’s Signature Forged To Withdraw $6.2b From CBN, Says Ex-SGF Mustapha Former Secretary to the Government of the Federation (SGF), Boss Mustapha has said the signature of ex-President Muhammadu Buhari was forged by those who withdrew $6,230,000 from the Central Bank of Nigeria (CBN) on February 8, 2023. Mustapha, who was testifying on Tuesday, February […]
A Pan-African Credit Rating Agency, Agusto & Co has identified three major economic variables that are likely to have fareaching impact on Nigeria’s growth in Gross Domestic Product (GDP) in 2024. Agusto & Co is a leading provider of industry research and knowledge in Nigeria & Sub-Saharan Africa. At the bi-monthly forum of the Finance […]
WIth the permission of Imoyo Family, the Association of Corporate & Marketing Communications Professionals in Banks in Nigeria (ACAMB) is deeply saddened to announce the burial details for its distinguished Publicity Secretary, Mr. Abdul Kolawole Imoyo. Imoyo passed away in the early hours of Sunday, December 17, 2023, at First Cardiology, Ikoyi, Lagos, after a […]
A Northern group, The Concerned Northern Forum has cautioned President Bola Ahmed Tinubu against the use of the report submitted to him by Jim Obazee, the special investigator hired to check the activities of the country’s apex bank, the Central Bank of Nigeria (CBN) under its suspended Governor, Mr Godwin Emefiele. The group in a […]
The Nigerian Deposit Insurance Corporation (NDIC) is reviewing its maximum deposit insurance coverage to account for the impact of current macroeconomic developments. Bello Hassan, the NDIC Managing Director, said this on Wednesday in Owerri during the opening ceremony of the 2023 Finance Correspondents and Business Editors’ Conference. He said that the new coverage level, once […]
*FULL 2024 BUDGET SPEECH:* Budget of Renewed Hope Delivered By: His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Wednesday, November 29, 2023 — The Vice President, Senator Kashim Ibrahim Shettima, GCON — The Senate President, Distinguished Senator Godswill Akpabio, GCON — The […]
Full 2024 Budget Speech; Budget of Renewed Hope Delivered By: His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Wednesday, November 29, 2023 — The Vice President, Senator Kashim Ibrahim Shettima, GCON — The Senate President, Distinguished Senator Godswill Akpabio, GCON — The […]
The Supreme Court on Wednesday ordered that the old N200, N500, and N1000 notes should continue to co-exist with the new notes till further notice. The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign […]
President Bola Tinubu has presented the 2024 Appropriation Bill to the National Assembly, urging lawmakers to expedite its passage by January 1, 2024, to ensure the smooth functioning of his administration. Themed “Budget of Renewed Hope,” the 2024 budget prioritizes human capital development, poverty reduction, and internal security reforms. In his address to a joint […]
The former governor of the Central Bank of Nigeria, Godwin Emefiele will remain in prison after failing to meet the hefty N300 million bails set by the court. Despite attempts by his legal team, the former CBN governor, who was recently arrested for allegedly breaking Nigerian procurement laws, has not been released. Emefiele’s extraordinarily strict […]