Erisco founder alleges banks demand N70/$1 bribe before forex allocation
Eric Umeofia has alleged that bank officials demand a compromise payment of N50 or N70 to a dollar from importers...
FG to tax wealthy Nigerians to achieve revenue target
The Federal Government has stated its plan to begin taxing wealthy Nigerians to achieve its 18% Tax-GDP ratio revenue target.
Africa Prudential appoints Festus Izevbizua as new CFO
Africa Prudential Plc has announced the appointment of Festus Izevbizua.
Reduce the number of BDCs from 5,000 to 200 – FG urges CBN
The Federal Government has urged the CBN to reduce the number of BDC operating in the country from over 5,000...
Expenditure cuts is not enough to reduce rising debt in Africa – IMF Report
IMF has explained how cutting down on expenditure is not enough to reduce rising debt in Africa.
Senator calls for Nigeria’s foreign reserves management to be handed over to Nigerian banks
Senator Nwoko asked Yemi Cardoso if he will allow Nigerian commercial banks to manage our foreign reserves instead of handing over...
Senator says Nigeria needs “50 Dangotes”, “50 Otedolas” and “50 BUAs”
Senator Ahmed Wadada Aliyu has said that Nigeria needs 50 Dangote's, 50 BUAs and 50 Otedola’s to be competing around...
Senate confirms Dr. Cardoso as CBN Governor
The Senate has confirmed the nomination of Dr. Olayemi Cardoso as the next Governor of Central Bank of Nigeria (CBN).
Senate commences screening of Cardoso and Dep. Gov nominees
The Senate has commenced screening of Dr. Olayemi Cardoso for possible confirmation as Governor of the CBN.
CBN audit report would be available soon – FG
The Federal Government has revealed that the report of the audit of the Central Bank of Nigeria (CBN) by a...
