COVID-19: 42% Of Jobs Lost- World Bank
By Olamilekan Alani World Bank says half of those employed have lost their jobs due to Coronavirus (COVID-19) pandemic, the World Bank has said. The bank put the percentage of…
CBN Demands Exclusive Right To Bank Licensing, Revocation
In order to avoid duplication of function and in line with international best practice the Central bank of Nigeria want the Nigeria senate to give the apex bank the exclusive…
OPEC Tasks JTC On Monitoring Implementation
By Lukman Amusa The Organisation of Petroleum Exporting Countries (OPEC) and its allies called OPEC+ has requested the Joint Technical Committee (JTC) to closely monitor the implementation of the required…
CBN Seeks Senate Approval To Freeze Criminals’ Accounts
By Olamilekan Alani The Central Bank of Nigeria (CBN) has approached the Senate to grant it powers to freeze accounts linked to criminals. The CBN made the appeal on Wednesday…
CBN Unveils Non-Interest Guidelines For AGSMEIS, MSMEDF, Others
The Central Bank of Nigeria (CBN) has unveiled guidelines for Non-Interest Financial Institutions under its various programmes to encourage growth of small and medium enterprises. The CBN made this known…
OPEC Launches Annual Statistics Bulletin To Help In The Global Oil Sector
The Organization petroleum exporting countries(OPEC) Secretariat has launched its Annual Statistical Bulletin (ASB) to help provide data statistics in the global oil sector. The organisation disclosed this on its website…
CBN Gives New Guidelines On Bad Loans To Banks
The Central Bank of Nigeria (CBN) has released the operational guidelines on commencement of Global Standing Instruction (GSI) that mandates creditor banks to deduct bad loans from bank balances of…
CBN Gives Reasons For Banning Importation Of Maize
By Olamilekan Alani The Central Bank of Nigeria (CBN) has explained why its directed all authorized dealers to discontinue the processing of Form M for the importation of maize with…
NCS Rakes In N17bn From Importers, Contraband In 6 months
The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) has raised Debit Notes on imports worth N17 billion between January and June 2020. The Acting Customs…
SEC Boss, Commissioners Assume Duties
The Director-General of the Securities and Exchange Commission, Lamido Yuguda, on Monday assumed duties alongside recently appointed Executive Commissioners of the agency. Commissioners who assumed duties at the commission include…
