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IN a bold move to shore up the resilience of Nigeria’s banking sector, the Central Bank of Nigeria, CBN has ordered a temporary freeze on dividend payments, executive bonuses, and foreign investments by banks currently operating under…

U.S. President Donald Trump has signed a proclamation on Wednesday evening banning citizens of 12 countries from entering the United States. The countries affected are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti,…

IT was a bloody weekend in parts of Benue State, following the killing of over 46 persons by rampaging armed herdsmen in two separate attacks on communities in Apa and Gwer West Local Government areas of the state. This came as no fewer…

IN clear demonstration of excess liquidity in the banking system, banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 1,578 percent year-on-year, YoY, to N53.5 trillion in the first five months of the year (5M’25) from…

PRESIDENT Bola Ahmed Tinubu has reaffirmed the federal government’s commitment to local content, technology transfer, and the empowerment of Nigerians as he commissioned the first phase of the Lagos-Calabar Coastal Highway and several major…

PRESIDENT of the Senate, Senator Godswill Akpabio has commiserated with the governor of Kano State, Mallam Abba Kabiru Yusuf, and families of the dead state contingent to the just concluded National Sports Festival in Ogun State.…

Opinion By Paul Ejime MAURITANIA’S Dr Sidi Ould Tah, elected the 9th president of the African Development Bank (AfDB) Group on 29th May 2025, is an economist with an impressive track record and experience in international…

OLAYEMI Cardoso, governor of the Central Bank of Nigeria, was named Central Bank Governor of the Year at the 2025 African Banker Awards Gala, held on Wednesday, May 28, in Abidjan, Côte d’Ivoire. The award, presented by African Banker…

FORMER president Muhammadu Buhari, says his inability to attend the 50th anniversary of the Economic Community of West African states (ECOWAS) held in Lagos on Wednesday, was  due to a medical check-up in the UK. In a letter addressed to…

U.S President, Donald Trump has warned that if Vladimir Putin attempts to conquer all of Ukraine, it will lead to the “downfall” of Russia, while also criticising Volodymyr Zelenskyy in a Sunday-night post on Truth Social. “I’ve always…