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NDIC RELEASES UPDATE ON PAYMENT TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION).

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation...

CBN REAFFIRMS COMMITMENT TO PROVIDE LIQUIDITY SUPPORT TO FX MARKETS

 In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by...

CBN APPROVES FINANCIAL ACCOMMODATION FOR UNITY BANK AND PROVIDUS BANK MERGER.

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...

NAICOM UNVEILS NEW AGENTS LICENSING PORTAL

The National insurance commission has unveil a new licensing Portal for registration and renewal of the licences of insurance Agents. This is according to a...

CBN SELLS ANOTHER US$148 MILLION TO AUTHORISED DEALERS

The Central Bank of Nigeria (CBN) says it has   sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States Dollars) to...

NIGERIA CUSTOMS PARTNERS WITH US CUSTOMS & BORDER PROTECTION TO COMBAT ILLICIT TRADE

The Nigeria Customs Service says its collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb...

NAICOM LAUNCHES COMPLAINTS PORTAL TO ADDRESS INSURANCE RELATED ISSUES

In an effort to effectively address complaints and ensure swift resolution to all Insurance related issues, the National Insurance Commission has launched the NAICOM...

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE .

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE . The Commissioner for Insurance/CEO of the National Insurance Commission, NAICOM,  Olusegun Ayo Omosehin, alongside   his...

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE.

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE. The Nigeria Customs Service  (NCS) receives commendation from the House Committee on Customs and Excise...

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS.

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS  The Central Bank of Nigeria  (CBN)   says it has sold the sum of US$122,671,000.00 (One Hundred and...

NADDC IS SET TO  MOVE FROM SKD TO CKD – OSANIPIN 

Director General, National Automotive Design And Development Council (NADDC)  Oluwemimo Joseph Osanipin has reiterated the Council's commitment to move the Nigeria auto industry from Semi- Knocked...

NSDC BOSS ELECTED TO CHAIR GLOBAL SUGAR BODY’S COMMITTEE.

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Kamar Bakrin, has been elected Chairman of  International Sugar Organisation (ISO)‘s Administrative Committee. This is...

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COMMANDER OPERATION WHIRL STROKE REFUTES SAHARA REPORTERS’ CLAIMS, URGES PUBLIC TO SHUN MISINFORMATION.

  The Force Commander Operation WHIRL STROKE (OPWS), Major General Moses Gara, has categorically refuted a recent report by Sahara Reporters alleging that the Nigerian...

NIGERIA CUSTOMS, INDIA STRENGTHEN BILATERAL TIES AT WCO POLICY COMMISSION.

The Nigeria Customs Service (NCS) has reaffirmed its commitment to deepening strategic cooperation with the Indian Customs Administration, as both sides advanced discussions on...

GENERAL NAFIU COUNSELS CORPS MEMBERS ON SAVINGS, INVESTMENT, PEACEFUL CO-EXISTENCE

  The Director General of National Youth Service Corps, Brigadier General Olakunle Nafiu has advised Corps Members to be prudent in their spendings and also...

BOI UNVEILS SUSTAINABLE FINANCE FRAMEWORK FOR INCLUSIVE GROWTH.

The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement the...