CBN – Page 7 – Maritime First Newspaper

Access Bank acquires Diamond Bank

Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the...

We invested N900bn in power since we assumed office – Osinbajo

Economy6 years ago

Rep alleges plot to impeach Osinbajo over NEMA scam

…As CBN, MTN agree out-of-court settlement over $8.1bn repatriation*** A member of the House of Representatives, Mr. Emmanuel Ehiozuwa Agbonnayinma, has alleged a subterranean plot to...

Economy6 years ago

Debt: FG cuts Treasury bills issuance by N1.27tn

…As Investors snub oil, bank stocks, others*** As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian Treasury bills issued...

Economy6 years ago

Offa robbery: Police tell Saraki prosecution inevitable

…As CBN backs Labour on minimum wage*** The Nigerian Police Force has pointedly told Senate President Bukola Saraki not to entertain any sense of relief over...

Politics6 years ago

Senate, executive may clash again over MTN’s $8.1bn fine

…As EFCC intercepts N211m worth of gold at Lagos airport*** The lingering face-off between the Senate and the executive arm of the government may soon degenerate...

Economy6 years ago

CBN, MTN near deal over $8.1bn fund transfer

MTN Group Limited is close to securing a deal with the Central Bank of Nigeria over an order to repay $8.1bn it is alleged to have...

Economy6 years ago

USDA report on Nigeria’s 2018 rice importation, fake – FG

…As Lai Mohammed says FG saves N17b from foreign trips, souvenirs*** The Federal Government on Tuesday described as “fake news” a purported report by the United...

Economy6 years ago

Natural gas production rise by 8% – NNPC

…As Oil export revenue drops by N403bn, says CBN*** The Nigerian National Petroleum Corporation (NNPC) says 230.35 Billion Cubic Feet (BCF) of natural gas has been...

Split Accountant-General of the Federation, Accountant-General of the Federal Government offices — Commission

Banking & Finance6 years ago

FG will no longer bear cost of service charge for TSA payments — AGF

…Intermodal transport system key to nation’s economy, says ex-Lagos Transportation Commissioner*** Henceforth, the Federal Government will no longer bear the service charge cost on all payments...

Economy6 years ago

Iran sanctions seen keeping oil above $75, but 2019 demand outlook darkens

…As FG shifts burden of TSA transaction cost to payers*** Oil is likely to stay above $75 a barrel fueled by supply disruptions exacerbated by U.S....