CBN Keeps 27.50% Interest Rate
BY COBHAM NSA – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) at 27.50 per cent, making it…
ECONOMY
C-River Govt Celebrates Calabar Carnival @ 20
BY UBON EKANEM, CALABAR – For its two decades of delivering thrills and frills to tourism and entertainment lovers on the global stage, the Cross River State Government (CRSG) has…
‘IMF Loan Pay Off’: Why The Deceptive Half Truth?
“When Half Truths, Outright Lies & Misinformation Become The Governance Code …” BY DR UCHE DIALA Fellow Compatriots, let us beware of the carefully orchestrated disinformation and deception tactics of…
Malabu OPL 245: Redefining Dan Etete’s Role In Nigeria’s Oil Sector
“In reflecting upon the Etete cases, it becomes evident that the pursuit of justice requires constant vigilance, systemic introspection, and unwavering commitment to fairness”. BY CHIDINMA OMAR The Malabu Oil…
PAPSS Deals: CBN Reviews Documentation Requirements
BY EDMOND ODOK – The Central Bank of Nigeria (CBN) has reviewed documentation requirements for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria. According to the…
NDIC Pays N46.6bn 1st Tranche Liquidation Dividends To Heritage Bank Big Depositors
BY COBHAM NSA – Determined to ensure depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance Corporation (NDIC) has declared first tranche of liquidation dividends totaling…
We’re Quiting Fertilizer Blending Sector – NSIA Boss
Attributes move to positive transformation Says global tariff war won’t affect operations BY COBHAM NSA – With the success achieved in growing operational blending plants in Nigeria from just four…
Liquidation Dividends: NDIC Assures Heritage Bank Depositors Of 1st Tranche Payment
Sets April ending date The Nigeria Deposit Insurance Corporation (NDIC) will pay the first tranche of liquidation dividends to depositors of Heritage Bank before the end of April 2025. Managing…
Heritage Bank: Your Payment Coming Soon – NDIC Assures Elite Depositors
BY COBHAM NSA – The Nigeria Deposit Insurance Corporation (NDIC) says depositors of the defunct Heritage Bank with balances exceeding the maximum deposit insurance limit of N5 million have nothing…
NSIA Enjoys 12 Unbroken Years Of Profitability As Assets Hit N4.35Trn Mark
BY COBHAM NSA – The Nigeria Sovereign Investment Authority (NSIA) is basking in the euphoria of 12 unbroken years of profitability with the announcement of its 2024 audited financial results….