The Board of Directors of Access Holdings Plc has named Bolaji Agbede as its Acting Group Chief Executive Officer of…
Browsing: ECONOMY
The Association of Corporate & Marketing Communications Professionals in Nigeria Banks (ACAMB) has extended its deepest condolences to Access Holdings Group on the tragic passing of its esteemed CEO, Dr. Herbert Wigwe, CFR.
Complying with the directives, Ecobank Nigeria, in a notice, said several IMTOs including Western Union, MoneyGram, Rapidtransfer, Ria, and other IMTOs approved by the Central Bank of Nigeria have been affected.
According to ASHENEWS, the World Bank has identified Sokoto and six other states in the Northwest and Northeast regions of Nigeria as potential areas that may experience food crisis. The reason behind this is the high level of insecurity and armed conflicts that have led to a decrease in the standard of living across these regions.
The Central Bank of Nigeria (CBN) has abolished the spread of Foreign Exchange Transactions, as announced in a statement from the CBN Financial Markets Department, signed by Duke Omolara Omotunde.
A Nigerian political economist, Prof. Pat Utomi has claimed that the Central Bank of Nigeria’s (CBN) ‘missteps’ had contributed to the tumbling value of the naira.
The Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that the current inflation rate will drop to 21% this year. According to the National Bureau of Statistics (NBS), Nigeria’s inflation has been on the rise for 11 consecutive months, reaching a new high in December 2023.
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has narrated how the apex bank uncovered $ 2.4 billion fraud in Forex trading.
“It is an arbitrary order capable of undermining the operational independence of the NNPCL. By this order, Mr. President has wrested control of the finances of the NNPCL and donated the same to the Federal Ministry of Finance and the Central Bank of Nigeria. This is an unprecedented act, without any legal or ethical basis. It is also a violation of the principle of due process in public administration”
ASHENEWS reports that of the headquarters of 27 ₦igerian banks listed by StatiSence @StatiSence, only Jaiz and Tajbanks are located in Abuja.