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THE Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verification Number (NRBVN) platform, affirming that no hidden fees have been introduced and…

REVERSING years of economic volatility, the International Monetary Fund’s latest Article IV Consultation affirms a new reality: Nigeria is making meaningful progress following a series of significant structural reforms to restore…

By Prof. Mike Ozekhome, SAN INTRODUCTION YELWATA in Benue state has been drenched in blood. Last October, I launched 50 books at the same time in Abuja to mark my birthday. One of the books is titled “Blood on the Niger and Benue:…

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…