Polaris , CBN, banks

FG borrows N24tn from CBN amid fiscal risks

The Federal Government has borrowed N6.31tn from the Central Bank of Nigeria through Ways and Means Advances in 10 months. This has pushed the Federal Government’s borrowing from the CBN from N17.46tn in December 2021...
Bank, non-oil, CBN, MPC

CBN faults report on planned nationalisation of Unity Bank

The Central Bank of Nigeria (CBN) has denied the alleged plans to nationalise Unity Bank Plc as claimed by an online news medium. Faulting the report, the Acting Director, Corporate Communications Department, CBN,  Osita Nwanisobi,...
Bank, non-oil, CBN, MPC

CBN reiterates commitment to building people-centred bank

The Central Bank of Nigeria (CBN) has reiterated its commitment to being people-centred and meeting the needs of the Nigerian people. Mr Osita Nwanisobi, Acting Director, Corporate Communications Department, CBN made the assertion on Thursday...

CBN didn’t take over National Theatre – ex-acting GM

Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of Nigeria (CBN) did not take over the national monument.Baba said that the CBN, through...

CIBN, CBN to host Banking, Finance conference, solicit media support

The Managing Director/Chief Executive Officer of Ecobank, Mr Patrick Akinwutan has commended the media for its agenda-setting role and the enormous influence it wields in shaping the course of the economy.Akinwutan gave the commendation...

CBN’s directive on power sector ‘ll increase hardship- NUEE

The Nigeria Union of Electricity Employees (NUEE) says the Central Bank of Nigeria (CBN)’s directive authorising banks to ring-fence collection accounts of electricity distribution companies (DisCos) in Nigeria is counter productive.Its General Secretary, Mr Joe Ajaero, said on...

UNICEF tasks Tinubu with out-of-school children

Tinubu
Mr Ibrahim Sesay, Chief of Child Protection, United Nations Children’s Fund (UNICEF), has called on the incoming administration to work towards returning about 10.2...

Full text of President Buhari’s farewell speech

FAREWELL
FAREWELL SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT AND COMMANDER-IN-CHIEF, FEDERAL REPUBLIC OF NIGERIA My fellow Nigerian brothers, sisters and friends of Nigeria. I address you...

Rail mass project: Lagos shuts Murtala Way, Apapa road for one...

Apapa
The Lagos State Government has announced the total lane closure of Murtala Mohammed Way and Apapa Road in the Oyingbo area commencing from Saturday,...

Bagudu commissions 500 housing units, assures of bridging housing deficit

Bagudu
Barely three days to exiting office, Kebbi State Governor, Senator Abubakar Atiku Bagudu, has commissioned 500 housing units in Birnin Kebbi, as part of...

I’m leaving more assets than liabilities for Benue – Ortom

census , Benue, Ortom
Governor Ortom stated this Friday, May 26th, 2023 in his address at the valedictory State Executive Council meeting at the Benue People’s House, Makurdi. Addressing...