WHO condemns killing of 16 people in Somalia attack
The World Health Organisation (WHO) has condemned the attack in Somalia that left 16 people dead, including its staff. At least 10 others were injured in Friday’s attack on Pearl
Read MoreThe World Health Organisation (WHO) has condemned the attack in Somalia that left 16 people dead, including its staff. At least 10 others were injured in Friday’s attack on Pearl
Read MoreAccess Bank Plc in a bid to improve its overall offering to its retail and private bank customers has launched two new consumer credit cards: the Access Bank American Express
Read MoreThe Joint Admissions and Matriculation Board will decide the cut-off for 2023 admissions into universities, polytechnics, and other tertiary institutions on June 24, 2023, The PUNCH reports. The event which will hold
Read MoreThe Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products. This came about two weeks after
Read MoreGoing into the Nigerian stock market this week, note that Eterna, BUA Cement and Nigerian banks are the stocks to watch. This week, the stock market would be trading for
Read MoreThe naira appreciated in value against the dollar on Friday, trading at N754.5/$1 in the black market, in contrast with the N756.8/$1 reported on Thursday. However, the British pound sterling
Read MoreAhead of the inauguration of the 10th National Assembly, apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Youth Council Worldwide has again urged the members-elect to put national interest above all sectional
Read MoreThe news of the suspension of the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, caused an uproar in the country. This was followed shortly after by the initial denial of his arrest by the Department of State Service (DSS). However, today, the DSS has revealed that the governor has indeed been arrested and is currently being held in detention.
This unprecedented event is a major blow to the Nigerian economy, with the CBN responsible for ensuring the stability of the nation’s currency and controlling inflation in the country. The apprehension of the cbn governor, therefore, raises concerns in the minds of many about the state of the economy and the fate of the naira going forward.
With no clear indication of when the cbn governor will be released, a sense of uncertainty has settled across the Nigerian economy. Adding to the confusion is the fact that the DSS has still yet to reveal any specific details or reasons for the detaining of the suspended CBN governor. So far, the only statement given by the DSS on the matter is that it is ‘in the best interests of the public’. This leaves many on edge, particularly those who rely on the CBN as a source of security and stability in the Nigerian financial system.
Read MoreGlobal Bank Limited, one of the new entrants into the Nigerian banking sector, led by Peter Amangbo as chairman and Elias Igbinakenzua as its chief executive officer, is in the news for
Read MoreA bereaved father, Samuel Adun, has offered to pay N100,000 to anyone with information that can lead to the arrest of his son-in-law, identified simply as Inuaghata. Inuaghata was alleged
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