Cardoso explained the reason for raising fresh capital and why retained earnings are excluded from the terms of recapitalization.

6 months ago

THE Governor, Central Bank of Nigeria (CNN), Olayemi Cardoso has explained that the exclusion of retained earnings from the recapitalization…

BREAKING: It’s Unconstitutional For Govs To Hold LG Funds, Supreme Court Declares

6 months ago

The apex court directed that Local Government allocations from the Federation Account should be paid directly to them henceforth. The…

Breaking: President Bola Tinubu Re-Elected as ECOWAS Chairman

7 months ago

Called for regional standby force to ensure the security and economic progress of the community. President Bola Tinubu has been…

Nigeria Secures $5 Billion Africa Energy Bank Hosting Rights

7 months ago

Nigeria has successfully secured the bid to host the $5 billion Africa Energy Bank. The Minister of State for Petroleum…

‘We were never known for lawlessness’, Oyetola’s aide replies Osun govt

7 months ago

.Cautions Gov's spokesman from lying shamelessly Spokesperson to the Minister of Marine and Blue Economy, Adegboyega Oyetola, Ismail Omipidan has…

Olamide Announces the Return of OLIC This December 2024

7 months ago

Olamide, the renowned Nigerian rapper, has thrilled fans with the announcement of the return of OLIC (Olamide Live in Concert)…

JUST IN: Ogun State Governor, Prince Dapo Abiodun has been announced as the new chairman of the Southern Governors’ Forum.

7 months ago

The announcement was made moments after today's meeting in Abeokuta. The meeting had 13 Governors and 3 Deputy Governors in…

Nigeria Boosts Foreign Reserves with $5M Gold Transaction Under New National Gold Purchase Program

7 months ago

In a landmark achievement, Nigeria has bolstered its foreign reserves by $5 million through the successful completion of the first…

EFCC Nabs Ex-Bankers in N4.2 Million Fraud Case

7 months ago

The Economic and Financial Crimes Commission (EFCC) has arrested two former Union Bank employees, Idah Ogoh and Agbo Okwute, for…

University Student Kidnapped in Ondo Amid Communal Tensions

7 months ago

A 300-level Computer Engineering student of Al-Hikmah University, Igbaja in Kwara State, Akindoyo Gideon, has reportedly been kidnapped. Gideon was…