Dave Ibemere
5958 articles published since 20 Sep 2021
5958 articles published since 20 Sep 2021
NDIC has commenced the liquidation of 46 microfinance banks after the CBN revoked their licences, assuring eligible depositors of insured payments.
The naira appreciated by N7.27 against the US dollar at NAFEM, while Nigeria's external reserves rose to $51.46 billion on stronger forex inflows.
Providus Bank and Unity Bank have merged with a new name, promising improved banking services, stronger operations, customer stability, satisfaction.
The Central Bank of Nigeria revoked the licences of 46 microfinance banks over regulatory breaches, citing inadequate inactivity, and failure to meet requirements.
The CBN revoked Goldman Microfinance Bank's licence after citing liquidation, weak capital, insufficient assets, and regulatory breaches threatening its operations.
The Federal Government has begun collecting the Green Tax on selected imported vehicles to reduce carbon emissions and encourage cleaner transportation.
NNPC reduced petrol prices nationwide as Lagos and Abuja stations now sell fuel at N1,210 per litre, giving motorists temporary relief from rising transport costs.
MultiChoice has launched new channels on DStv and GOtv, bringing Nigerian viewers premium international telenovelas from Brazil, Turkey, Portugal, Mexico.
The Actors Guild of Nigeria and PMAN endorsed Edo Carnival 2026, backing organisers after the unveiling of "The Spirit of Edo" theme in Benin City.
Dave Ibemere
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