By our reporter/ The Presidency on Tuesday issued an oath of secrecy to staff against divulging state secrets to the public. State House Permanent Secretary, Tijjani Umar who administered the…
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Suspected IPOB gunmen attack Gov. Uzodimma’s LGA in Imo, kill DPO
By our reporter/ Gunmen suspected to be members of the proscribed Indigenous People of Biafra (IPOB) have killed Fatmann Dooiyor, divisional police officer (DPO) of a community in Oru east…
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CBN bans sale of forex to BDC operators, says ‘they’ve turned into money laundering agents’
By our reporter/ The Central Bank of Nigeria (CBN) on Tuesday banned the sale of forex to Bureau De Change operators (BDCs). Godwin Emiefele, governor of the bank, who made…
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CBN retains benchmark lending rate at 11.5%
The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday retained the monetary policy rate (MPR) at 11.5 percent. At its last meeting, the committee members also…
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AMCON takes over Jimoh Ibrahim,s NICON Insurance, Nigeria Reinsurance Corporation
The Asset Management Corporation of Nigeria (AMCON) says it has taken over the major interests in NICON Insurance Limited and the Nigeria Reinsurance Corporation (Nigeria Re). The asset management corporation…
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