Ebun Francis| The central bank of Nigeria (CBN) on Friday withdrew the operating licence of Sky Bank Plc. Godwin Emefiele, the apex bank governor told Journalists at a press conference…
Read More Why we revoked Sky Bank’s license- CBN
Category: Business
Forex: CBN injects $317.52m, CNY 58.40m into Retail SMIS
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that segment of the market…
Read More Forex: CBN injects $317.52m, CNY 58.40m into Retail SMIS
Italian court jails Nigerian involved in malabu (OPL245) oil deal
A court in Milan, Italy has sentenced a Nigerian, Emeka Obi and Gianluca Di Nardo, an Italian, to a four-year jail term for their complicity in a bribery scandal linked…
Read More Italian court jails Nigerian involved in malabu (OPL245) oil deal
Tony Elumelu Foundation to launch world’s largest digital platform for African entrepreneurs
Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem – TEFConnect. TEFConnect will officially be…
Read More Tony Elumelu Foundation to launch world’s largest digital platform for African entrepreneurs
FG suspends Air Nigeria project indefinitely
Chidi Samuel| The federal government on Wednesday announced that it has suspended the national carrier project indefinitely. The federal government’s decision was made public by Hadi Sirika, minister of state…
Read More FG suspends Air Nigeria project indefinitely