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Obiora Assumes Duty As New CBN DG
Obiora By Ngozi Onyeakusi -- Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna, who exited…
IMF, World Bank pledge to help countries to combat
The IMF and World Bank have pledged their support and assistance for countries to deal with the financial and health effects of the coronavirus, suggesting that a global response could…
Coronavirus: Seven tips to Stay healthy, avoid infection, spread
As Nigeria is bracing up to tackle the most dreaded coronavirus disease (COVID-19) which has been confirmed in the country early Friday morning, brought into Nigeria by an Italian businessman…
DEFUNCT GULF BANK: NDIC WINS N1.4BN DEBT RECOVERY CASE AGAINST DEBTOR
Umaru In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria Limited and three other debtors who owed the defunct Gulf…
SEC says New Initiatives To Reduce Time to Market
Left to Right: Head of Department Financial Standards and Corporate Governance, Securities and Exchange Commission, Mr. Sidi Alhassan, Head of Operations Lagos Zonal office SEC, Mrs Hafsat Rufai, Acting Executive…
AMCON Takes Over Top Politician, Buba Galadima’s Private Abuja Residence, Company
By Ngozi Onyeakusi-- A Federal High Court sitting in Abuja, Nigeria’s Federal Capital Territory in Suits No. FHC/ABJ/CS/1136/2019 has ordered Asset Management Corporation of Nigeria (AMCON) to take over the…
Coronavirus: Outbreak spreads in Europe from Italy
Several European countries have announced their first coronavirus cases, with all appearing to be linked to the growing outbreak in Italy. Austria, Croatia and Switzerland said the cases involved people…
Panic, as another tanker explodes on Lagos/Ibadan Expressway
There is panic on Lagos/Ibadan Expressway as another tanker has exploded on the Long Bridge. Many road users are said to be stranded as a result of the explosion. The…
Herdsmen killings: Delta community bans consumption of beef
In a bid to discourage the business of cattle rearing and stifle the activities of armed Fulani herdsmen in their area, the people of Uwheru kingdom in Ughelli North local…
NDIC liquidates 425 banks, others
By Ngozi Onyeakusi -- The Nigeria Deposit Insurance Corporation, NDIC, has disclosed that it has as at December 2019, it had liquidated 425 financial institutions. The Liquidation took place between…