The Assistant Director of Insurance and Surveillance at the Nigerian Deposit Insurance Corporation (NDIC) John Abiodun, has defended the corporation’s bank failure resolution procedures. Abiodun who...
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen...
Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms in the fourth quarter (Q4) of 2019, up from 2.38% growth recorded in the fourth...
The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts. The apex bank disclosed in...
There would appear to be border leakage in the northern part of Nigeria which may be permitting illicit trading or smuggling during the period of border...
The Central Bank of Nigeria (CBN) has given a stern warning to all banks that they must seek its approval if they must sack more than...
Weeks after Nigerian Civil Aviation Authority (NCAA) said it would ensure airline companies compensate passengers of diverted flights, the British Airways has stated that it is...
By Richard Adeniyi The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that stiffer sanctions awaits anyone caught in the act of perpetrating acts of...
By Richard Adeniyi The Nigerian Ports Authority (NPA ) has donated goods and items to over 200 people at Umuoziri Inyisi, Ikeduru LGA of Imo State...
By Richard Adeniyi The Kano/Jigawa Area Command of the Nigeria Customs Service (NCS) has threatened to shutdown supermarkets and shops found patronising foreign rice and other...