…Feds say all deposits will be guaranteed U.S. regulators on Sunday announced they were intervening to close Signature Bank, marking the second U.S. bank to fail days apart and the…
By Starrys Obazei | March 14, 2023starrys@ddnewsonline.com. The biting crisis of the scarcity of naira notes that made the currency the costliest item in Nigeria has finally ended. The Central…
…the Second Largest Bank Failure in U.S. History. …consequences for Worried Nigerian Banks’ Customers On Wednesday, the United States Silicon Valley Bank (SVB), a well-capitalized institution seeking to raise some…
By Starrys Obazei | March 11, 2023starrys@ddnewsonline.com Chris Enyinnaya is a chartered banker. He bared his mind on the naira crisis on March 8. He sounded very plausible and convincing.…
By Starrys Obazei | March 8, 2023starrys@ddnewsonline.com The widespread rejection of the old N500 and N1000 notes is driven by the defiant silence of the Federal Government and the Central…
By Starrys Obazei | March 6, 2023starrys@ddnewsonline.com Since February 16, the Federal Government, FG and the Central Bank of Nigeria, CBN, had been displaying ‘executive lawlessness’ to the interim injunction…
By Starrys Obazei | February 22, 2023starrys@ddnewsonline.com The Supreme Court has again adjourned judgment on a suit filed by ten states, asking the apex court to restrain the Muhammadu Buhari…
By Starrys Obazei | February 22, 2023starrys@ddnewsonline.com Three governors of the ruling All Progressives Congress, APC, – Nasir el-Rufai (Kaduna), Yahaya Bello (Kogi) and Bello Matawalle (Zamfara) – yesterday, upped…
By Starrys Obazei | February 21, 2023starrys@ddnewsonline.com Nasir El-Rufai, governor of Kaduna State, has said President Muhammadu Buhari made a mistake with the naira redesign policy. He said this on…
By Starrys Obazei | February 21, 2023starrys@ddnewsonline.com Adams Oshiomhole, former National Chairman of the ruling All Progressives Congress, APC, has publicly tackled President Muhammadu Buhari over his government’s Naira redesign…
