CBN Gets New Spokesperson
Paschal Emeka, Abuja / Posted 1st December 2023 The Central Bank of Nigeria (CBN) has appointed Mrs Hakama Sidi Ali, as its Acting Director of Corporate Communications. She replaces Dr.…
Gov. Obaseki Express Concerns About Unending Inflation, Dollarization of Nigeria’s Economy
The Edo State Governor, Mr. Godwin Obaseki, has expressed grave concerns about persistent inflation and the dollarization of Nigeria’s economy, noting that it’s a reflection of the broader economic challenges…
CBN Disowns Text Message Alleging Plans to Redenominate the Naira
Paschal Emeka, Abuja | Posted October 30, 2023 The Central Bank of Nigeria (CBN) has revealed the stand of the newly appointed management team of the bank on re-denomination of…
More Trouble for Emefiele, Former CBN Governor as EFCC Re-arrests him, after DSS Grants him Freedom
Paschal Emeka, Abuja | Posted October 27, 2023 This is not the best time for the ex Governor of the Central Bank of Nigeria, Godwin Emefiele after the Economic and…
FCMB Receives Agribusiness Investment Award 2023
First City Monument Bank (FCMB) has received the Nigeria Agribusiness Investment Award 2023 for its contributions to transforming agricultural finance and supporting efforts to combat hunger and poverty in Nigeria.…
NDIC Commences Payment of N16.18 Billion Liquidation Dividends to Depositors and Other Stakeholders of 20 Banks In-Liquidation
Paschal Emeka, Abuja | Posted October 3, 2023 Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced declaration…
Breaking: Governors Set For Showdown With FG Over Stamp Duty Payments
There seem to be palpable indications that the governors are getting restive over the non-payment of Stamp Duty proceeds due to the States. A source who is a close aide…
Transforming Nigeria’s Housing Landscape: Ahmed Dangiwa’s Legacy
By Qudus Kola Balogun/ Posted July 31, 2023 Before the appointment of Arc. Ahmed Musa Dangiwa as the Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria in…
Emefiele for Arraignment Tuesday
By Starrys Obazei | July 22, 2023.starrys@ddnewsonline.com. The embattled Central Bank of Nigeria Governor, Godwin Emefiele, is expected to be arraigned at the Federal High Court in Lagos on Tuesday,…
LAPO Microfinance Bank Disburses N74bn in Six Months
By Starrys Obazei | July 11, 2023.starrys@ddnewsonline.com LAPO Microfinance Bank Limited, LAPO MfB, one of the foremost microfinance institutions in Nigeria, has disbursed over N74 billion in the first half…