THE Governor, Central Bank of Nigeria (CNN), Olayemi Cardoso has explained that the exclusion of retained earnings from the recapitalization terms encourages banks to focus on raising fresh capital from external sources. Speaking at the CEO Forum on the topic, ‘Revitalising Nigeria’s Economy: Strategic Monetary Policies for Economic Growth’ hosted

The apex court directed that Local Government allocations from the Federation Account should be paid directly to them henceforth. The Supreme Court, on Thursday, declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations. In its lead judgement read by Justice Emmanuel

Called for regional standby force to ensure the security and economic progress of the community. President Bola Tinubu has been re-elected for another one-year term as the Chairman of the ECOWAS Authority of Heads of States and Government. His re-election took place during the 65th Ordinary Session of the Authority,

Nigeria has successfully secured the bid to host the $5 billion Africa Energy Bank. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this while speaking to journalists after a virtual meeting of the council of ministers of the African Petroleum Producers Organisation (APPO) on Thursday. The government

.Cautions Gov’s spokesman from lying shamelessly Spokesperson to the Minister of Marine and Blue Economy, Adegboyega Oyetola, Ismail Omipidan has said that his principal’s administration was distinguished by its commitment to peace, stability, and rule of law, rather than violence and lawlessness, which he said are the hallmarks of the