Onyeali-Ikpe Assumes Office As MD/CEO Of Fidelity Bank

Mrs. Nneka Onyeali-Ikpe, the new Managing Director/CEO of Fideli­ty Bank Plc, whose tenure formally commenced on January 1, 2021 has assumed office, becoming the...

FG Approves Fresh Guidelines For SIM Card Replacement

The Federal Government of Nigeria has approved a replacement policy for subscribers whose Subscribers Identification Module (SIM) may have been lost, stolen, misplaced or...

Nigeria’s Debt Profile Rises To N32.2tn

Nigeria’s public debt hit a total of N32.2tn at the end of September 2020, the Debt Management Office announced on Thursday.   The figure implies that...

WHO Approves Pfizer-BioNTech COVID-19 Vaccine

The World Health Organisation on Thursday granted emergency validation to the Pfizer-BioNTech vaccine, paving the way for countries worldwide to quickly approve its import...

Apapa Gridlock: Presidential Task Team Saved Nigeria From Global Shame —Opeifa

As the Lagos State government moves to formally take over traffic management in Apapa, the Executive Vice-Chairman of the Presidential Task Team on the...

Fidelity Bank Announces Board Retirements, New Appointments

Fidelity Bank Plc yesterday announced new board appointments to replace some of its outgoing directors who recently completed their tenure on its board in...

CBN Revokes Licences Of Eight Payment Service Providers

The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers and one payment switching firm. The affected firms are...

FG Extends NIN To SIM Registration Deadline

The Federal Government has extended the deadline for the provision of National Identification Number by telecommunication service subscribers.   This was contained in a statement on...

CBN Liquidates 42 Microfinance Banks

The Central Bank of Nigeria has revoked the licenses of 42 microfinance banks in the country and has subsequently closed them. The Nigeria Deposit Insurance...

CBN Directs Banks To Close Naira Accounts Of Money Transfer Operators

The Central Bank of Nigeria (CBN) has instructed deposit money banks (DMBs) to close all naira accounts of international money transfer operators (IMTOs).   The directive...
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Buhari Reappoints Hadiza Bala Usman As MD NPA For Another 5 Year Tenure

President Muhammadu Buhari has approved the re-appointment of Hadiza Bala Usman as Managing Director of Nigerian Ports Authority (NPA), for additional five-year tenure.   This was...

Biden Lifts Trump’s Immigrant Visa Ban On Nigeria

US President Joe Biden has lifted the immigrant visa ban imposed on Nigeria by Donald Trump, his predecessor.   According to the New York Times, Biden...

Nigeria Looking Forward To Working With Biden, Says Buhari

President Muhammadu Buhari says Nigeria is looking forward to working with new US President, Joe Biden and the Vice President, Kamala Harris. Buhari, in a...