CBN Queries First Bank Over Appointment of New MD
In a letter dated April 28, 2021 signed by the Director, Banking Supervision of Central Bank of Nigeria, Mr. Haruna Mustafa, CBN has queries the Board of the First Bank…
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Oil Price Soars to $68.47 Per Barrel as Dollar Weakens
The international oil benchmark, Brent crude, reached its highest in six weeks on Thursday as strong US economic data, a weak dollar and overall expected recovery in demand outweighed worries…
Continue readingHow Insider Loans, Poor Corporate Governance, and Others Nearly Ruined First Bank – CBN
Following the recent dissolution of a newly constituted Board of First Bank (FBN) Holdings Plc and its subsidiary barely twenty-four (24) hours after it was announced, and the ensuing controversies…
Continue readingNational Cereals Research Institute (NCRI), Badeggi, Niger State- Invitation To Tender For Capital Projects Under 2021 Appropriation Act (7 Lots)
DEADLINE: 9TH JUNE, 2021 FEDERAL MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT NATIONAL CEREALS RESEARCH INSTITUTE, BADEGGI P.M.B 8, BIDA, NIGER STATE INVITATION TO TENDER FOR CAPITAL PROJECTS UNDER 2021 APPROPRIATION……
Continue readingCall For Applications For The Green Stimulus Capacity Building Programme For Nigerian Youths
FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENTCALL FOR APPLICATIONS FOR THE GREEN STIMULUS CAPACITY BUILDING PROGRAMME Background:The Federal Ministry of Youth and Sports Development is implementing a series of youth-focused…
Continue readingUS Admits: Nigeria is Facing Extraordinary Security Challenges
During a virtual roundtable with Kenyan and Nigerian journalists, the United States Secretary of State, Antony Blinken, described the security challenges facing Nigeria as extraordinary. While responding to a question…
Continue readingLCCI Warns on Impacts of Security Challenges on Economy
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the worsening security situation across Nigeria may spell economic doom for the country, if not urgently addressed. The President,…
Continue readingSenate Gave NSA, Ahmed Ultimatum to Explain N7.5bn Withdrawal
The Chairman, Senate Public Accounts Committee, Senator Mathew Urhoghide on Wednesday gave the Ministry of Finance, Office of the Accountant General of the Federation and the Office of the National…
Continue readingUnion Bank CEO, Emeka Okonkwo Purchases Additional 1.3 million Shares Worth N6.4 Million
The Chief Executive Officer of Union Bank of Nigeria Plc, Emeka Okonkwo has purchased additional 1.3 million shares of the firm, worth a total of N6.4 million. This is according…
Continue readingCBN Boosts Liquidity in The FX Markets With $1.47 Billion
The Central Bank of Nigeria (CBN) has injected the sum of $1.47 billion into the Nigerian Foreign Exchange market in an effort to stabilize the naira and ensure liquidity in…
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