Daily Archives: 7th May 2023

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CBN Implements Significant Capital Base Increase for Banks

The Central Bank of Nigeria (CBN) has introduced substantial increases in the minimum capital base for banks, effective immediately. The recent policy shift, announced on...

President Tinubu Nominates Dr. Abdullahi Usman Bello as Chairman of Code of Conduct Bureau...

President Bola Tinubu has given his nod to the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau...

Tinubu Forms Economic Councils to Tackle Economic Challenges, Appoints Dangote, Elumelu, Rabiu, others

IPresident Bola Tinubu has taken a strategic step by approving the establishment of the Presidential Economic Coordination Council (PECC) and the Economic Management Team...

Tinubu Institutes Comprehensive Economic Governance Systems for Nigeria

President Bola Ahmed Tinubu has taken a decisive step towards enhancing Nigeria's economic governance by establishing the Presidential Economic Coordination Council (PECC) and the...

CBN Uncovers $2.4bn FX Scam

Central Bank of Nigeria (CBN) Governor Yemi Cardoso has unveiled ongoing investigations into foreign exchange forwards worth approximately $2.4 billion, highlighting discrepancies and irregularities...