The Central Bank of Nigeria (CBN) says it is pursuing economic reforms aimed at refocusing financial system stability and stimulating productivity. The CBN Governor, Olayemi Cardoso, who disclosed this on Tuesday at its fair, holding in Kano, said it’s working hard to deepening financial inclusion and sustaining monetary and price stability. The theme of the…
The Federal High Court in Abuja has adjourned the adoption of final written addresses in the trial of James Nolan, a director of Process and Industrial Development (P&ID) Ltd, to November 3. Justice Obiora Egwuatu postponed the case on Tuesday following the absence of both the Economic and Financial Crimes Commission (EFCC) and defence counsel….
In a gripping encounter in Munich, Portugal emerged victorious against their rivals Spain, winning 5-3 in a penalty shootout to claim their second Nations League title. Cristiano Ronaldo equalised for Portugal in the 61st minute, but the teams remained deadlocked as the match concluded in regular time. Substituted before extra time, Ronaldo was seen in…
A delegation from the Federal Government of Nigeria joined prominent dignitaries and family members in Saudi Arabia on Tuesday for the burial (Jana’iza) of renowned business icon and elder statesman, Alhaji Aminu Dantata, in the Islamic holy city of Madinah. Alhaji Dantata passed away on Saturday in Abu Dhabi, United Arab Emirates, at the age…
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,…
Botswana’s Vice President Ndaba Gaolathe will double as finance minister, new President Duma Boko said on Monday, announcing the first ministerial positions in his cabinet. In a shock election result earlier this month, Boko’s Umbrella for Democratic Change coalition ousted the party that had ruled the southern African country for nearly six decades. Analysts said…
The Federal Capital Territory (FCT) Command of the Nigerian Correctional Service is seeking collaboration with Yakubu Gowon University to enhance the rehabilitation of inmates through skills acquisition and education. Controller of Correctional Service, Mr Christopher Jen, said during a courtesy call on Acting Vice-Chancellor, Professor Adamu Matthew, that the goal was to keep inmates productively…
President Bola Tinubu has congratulated Chief Dipo Eludoyin, his confidant and businessman, on his 77th birthday. Eludoyin is a prince of Ile-Ife in Osun, and Chief Executive Officer of Paragon Holdings Ltd. The President highlighted the contributions of his age-long associate to Nigeria, Ile-Ife and humanity, Mr Bayo Onanuga, his spokesman, said in a statement…
A report by researchers from Victoria University on Tuesday said the health gap between advantaged and disadvantaged communities in Australia is growing. It said Australians living in the nation’s poorest areas are up to three times more likely to suffer from preventable chronic diseases than those from advantaged communities. According to the report published on…
An Edo State High Court sitting in Igarra, Akoko-Edo Local Government Area, on Wednesday, declared the impeachment of the elected chairman of the local government, Taju Alade, illegal and ordered his immediate reinstatement. In his ruling, the presiding judge, Justice B. A. Okoh, directed the Inspector General of Police, Kayode Egbetokun, to provide him with…
