Banking
NDIC begins liquidation of Heritage Bank, assures payout to customers
The Nigeria Deposit Insurance Corporation, NDIC, said it has commenced the liquidation of Heritage Bank Plc, assuring that it would pay...
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CBN sells $575m in May, highest in a single month
The Central Bank of Nigeria sold $575m in May, its highest dollar sales in a single month in 2024, according...
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CBN revokes Heritage Bank’s operating licence
The Central Bank of Nigeria, CBN, has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement...
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Naira strengthens to 1,339.33/$ at official market
The Naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent...
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Senate committee seeks regulation of cryptocurrency trading to enhance accountability
The Senate Committee on Capital Market on Monday, called for the regulation of Cryptocurrency trading to ensure some level of...
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Verification delaying payment of N24billion gratuities in Cross River -Commissioner
The Gov. Bassey Otu-led Government says that verification of retirees is delaying the payment of the N24bn gratuities inherited from...
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Court grants Sirika’s request for bail in the sum of N100 million
A Federal Capital Territory High Court on Thursday admitted former Aviation Minister Hadi Sirika and his brother Abubakar to bail...
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Female enrollment for adult, basic literacy fell to 38.32 per cent in 2022 -NBS
The National Bureau of Statistics, NBS, says female enrolment into Adult, Basic Literacy declined to 38.32 per cent in 2022....
Read moreCBN raises interest rate to 26.25 percent
The monetary policy committee of the Central Bank of Nigeria, CBN, has raised the monetary policy rate, MPR, which benchmarks...
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Fintech experts give nod to SUPERNEWS confab coming up next month
Financial service experts and industry regulators, among them the Director General, Small and Medium Enterprises Development Agency of Nigeria, SMEDAN,...
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