In spite of the continued decline in the nation’s external reserves, firms’ expectation of naira appreciation over the next twelve months surged by 25.2 index points on the Business Expectation on the exchange rate. The Central Bank of Nigeria, CBN, disclosed this in its Business Expectation survey report for September released on Friday. The survey […]
A Kano-based group Thursday accused the state governor Umaru Ganduje scheming afresh to remove the embattled Emir of Kano, Muhammadu Sanusi II. Renaissance Coalition alleged that Kano State government plans to deploy Sanusi to the newly established Bichi emirate and subsequently dethrone him. “It has come to the notice of the Renaissance Coalition that, Kano […]
The Central Bank of Nigeria has said that competition is expected to increase in the banking sector with entrance of the Payment Service Banks. The Director, Payments System Department, CBN, Mr Ademola Adeleke, said this while speaking on, ‘The implications of payments service bank in Nigeria,’ at the Chartered Institute of Bankers’ forum in Lagos […]
One month after the Akanu Ibiam International Airport, Enugu was closed by the federal government; the rehabilitation of the runway at the airport has not started. FAAN had on August 24 announced the closure of the airport, which is the only international airport in the Southeast region, for the reconstruction of the runway —with the […]
A medical expert, Abdulkadir Tabari, has called for concerted efforts of all stakeholders to make Nigeria’s medical residency program relevant and visible in the global mix. Mr Tabari who is the Chief Medical Director (CMD) Barau Dikko Teaching Hospital, Kaduna made the call in an address at the 39th annual General meeting and scientific conference […]
The Nigeria Deposit Insurance Corporation (NDIC) said it had commenced payment to depositors of 154 Micro Finance Banks (MFBs) that the Central Bank of Nigeria (CBN) revoked their licenses in 2018 due to insolvency. NDIC commences payment to depositors of 154 failed MFBs Nigeria Deposit Insurance Corporation Alhaji Umaru Ibrahim, Managing Director, NDIC, said this […]
Chief Mike Ozekhome, human rights activist, on Tuesday, said members of the cabal in the Buhari administration are planning to dump Vice-President Yemi Osinbajo after using him to distribute Tradermoni in markets. Speaking in a chat with Daily Independent, Ozekhome who said all the game plan is about the 2023 elections, said Osinbajo is being […]
A UK judge on Thursday gave Nigeria permission to seek to overturn a ruling that would have allowed a private firm to try to seize more than $9 billion in assets from the West African country. The judge also granted Nigeria’s request for a stay on any asset seizures while its legal challenge is pending, […]
Nigerian international music superstar, Davido, is set to make acting debut in Hollywood, with a performance role in the sequel of the 1988 romantic comedy classic, “Coming To America”. African-American comedian and actor, Michael Blackson disclosed this on his verified Twitter handle @MichaelBlackson, congratulating Davido. Blackson wrote: “Davido told me he has a performance scene […]
Femi Atoyebi & Co, solicitors acting on behalf of Vice-President Yemi Osinbajo, has written a petition to Google Nigeria demanding the suspension of a video published by Roots TV on YouTube. According to the letter seen by TheCable, Roots TV was said to have published a material which contained defamatory claims about Osinbajo.“It is our […]