Recapitalization: Naira Depreciation Has Greatly Eroded Capital Base Of Banks —Izunaso
Agency Report Chairman of the Senate on Capital Market, Senator Osita Izunnaso, says the new recapitalization initiative for banks by...
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Some sectors may witness drop in prices over Naira appreciation – Ken Ife
A Development Economist, Prof. Ken Ife, says some sectors may soon likely witness a drop in prices as the Naira...
Recapitalization: Analysts say commercial banks would require N2.8trn
Analysts have said that commercial banks would require a combined N2.8 trillion to meet the new baseline capital requirements. According...
Tinubu, Ododo, other subsidise Hajj fares
Omeiza Bilal As the deadline for payment of fares for the 2024 hajj elapsed by 12 noon on Friday (today),...
TCN Restores National Grid After System Disturbance
Omeiza Bilal The Transmission Company of Nigeria (TCN ) has successfully restored the national grid following a system disturbance that...
Sustained CBN’s monetary policy integral to strengthening Naira – Gwadabe
The President, Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadabe, says recent monetary policy decisions of the Central...
Nigerian records $1.5bn FX inflows
Uzezi Samuel The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the...
Bridging Energy Access Critical For Nigeria’s Economic Growth, Says Kyari
Omeiza Bilal The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access...
CBN gives banks 24 months to recapitalise
Omeiza Bilal Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to...
Petroleum sector offers short term solution to Nigeria’s economic challenges – Lokpobiri
Uzezi Samuel Solutions to Nigeria’s problems in the short-term lies with the petroleum sector says Lokpobiri, as Ekpo maintains that...
