Thursday , 24 October 2019
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CBN Removes Exclusivity From Money Transfer Companies

The Central Bank of Nigeria (CBN) yesterday announced the liberalisation of money transfer operations in the country following the removal of the exclusivity agreements which Money Transfer Organisations (MTOs) signed with Nigerian banks. In addition, the apex bank says it …

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Basic Education: Two Years of Progressive Steps

Goal two of the millennium development goals, MDG, specifically talks about achieving Universal Primary Education for every child by 2015. These children are not only expected to have access to primary education, they are to be retained in their classes …

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50% CRR: CBN Withdraws N1trn From Banking System

The Central Bank of Nigeria (CBN) yesterday withdrew  an estimated N1 trillion ($6.27 billion) from the banking system to reflect the increase in Cash Reserve Requirement (CRR) on public sector deposits as announced earlier, causing interbank lending rates to spike …

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Poll Pegs Jonathan’s Performance Rating At 53%

President Goodluck Jonathan approval rating by Nigerians in terms of performance increased by nine points in the month of July 2013, recording a remarkable 53 per cent after staying stagnant at 44 per cent in May and June this year. …

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IBB denies having any quarrels with Jonathan

ABUJA— Former Military President, General Ibrahim Babangida, yesterday, rebuffed insinuations of bad blood between him and President Goodluck Jonathan, asserting that there was never a time he turned the President away from having breakfast in his house. Babangida said in …

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PHCN Staff Payoff: FG Begins Payment

Payment of the severance benefits of staff of the Power Holding Company of Nigeria (PHCN) has started. A source said the Office of the Accountant-General of the Federation (OAGF) commenced the payment since Thursday, August 1. However, the payments are …

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