14 Banks Meet New Capital Requirement – CBN

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has disclosed that 14 banks have fully met the new capital requirements under the apex bank’s ongoing recapitalisation exercise. Cardoso made this known on Tuesday in Abuja while presenting the communiqué of the 302nd meeting of the Monetary Policy Committee (MPC). The recapitalisation framework,…

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No Pilgrim’ll Miss 2025 Hajj – NAHCON

Prof Abdullahi Usman, National Chairman, National Hajj Commission of Nigeria (NAHCON), has assured that no intending pilgrims would miss the 2025 Hajj. Usman who gave the assurance in Abuja on Monday, debunked the allegations that he was truncating the preparation for the 2025 Hajj Pilgrimage by cancelling deals with Saudi Arabia Masha’ir Companies. The Forum…

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Russia Ready To Assist In U.S.-Iran Settlement

Russia is prepared to assist in resolving the ongoing tensions between Iran and the U.S., Russian Deputy Foreign Minister Andrey Rudenko stated on Tuesday. Earlier, Iranian Foreign Minister Abbas Araghchi confirmed that representatives from both Iran and the U.S. would meet in Oman on April 12 for high-level indirect talks. “Russia always provides all possible…

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Tinubu Approves 6-month Temporary Ban On Export Of Sheanuts

President Bola Tinubu has approved a 6-month temporary ban on the export of raw sheanuts to curb informal trade, boost local processing, protect and grow Nigeria’s shea industry. Vice-President Kashim Shettima announced the president’s directive on Tuesday during a multi-stakeholder meeting at the Presidential Villa, Abuja. The News Agency of Nigeria (NAN) reports that the…

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