Delta Govt Releases N2bn to CBN for Payment of Pensioners
LAGOS DECEMBER 2TH (URHOBOTODAY)-Delta State Governor, Senator Ifeanyi Okowa has released N2 billion to the Central Bank of Nigeria, CBN, for the payment of pensioners in the state through the contributory pension More...
Diamond Bank Denies Distress Report
LAGOS DECEMBER 4TH (URHOBOTODAY)-Diamond Bank Plc, one of Nigeria’s leading banks providing financial services across the shores of the country has dismissed a media report by Sahara Reporters suggesting More...
BVN: Central Bank Warns Bank Customers of Activities of Fraudsters
LAGOS NOVMBER 4TH (URHOBOTODAY)-The Ccentral Bank of Nigeria (CBN) has warned bank customers to be weary of certain unscrupulous individuals that have been sending unsolicited mails and text messages to unsuspecting More...
Oando Records Loss of N184bn in 2014… N35bn Loss for Half-Year 2015
LAGOS OCTOBER 27TH (URHOBOTODAY)-Oando Plc last Friday finally released its long-awaited results for the full-year ending 2014, in which it declared a historic loss after tax of N183.9 billion compared to a profit More...
Nigeria’s Central Bank Governor Defends Decision not to Further Devalue Naira
LAGOS OCTOBER 6TH (URHOBOTODAY)-Nigeria’s central bank governor has defended his decision not to further devalue the naira despite the pressure on the currency of Africa’s top oil producer amid the global price More...
Nigerian Economy Crumbling as CBN Gov, Emefiele Doubles as Finance Minister
Emiefel LAGOS SEPTEMBER 25TH (URHOBOTODAY)-Nigeria’s central bank governor Godwin Emefiele finds himself discussing policies usually reserved for a finance or economy minister. Almost four months after President More...
Anti-Graft War: Buhari Orders Govt Ministries, Agencies to Use Single Govt. Approved Account
Buhari LAGOS AUGUST 10TH (URHOBOTODAY)- – Nigeria’s President Muhammadu Buhari has ordered ministries to use only approved government bank accounts to make payments, the vice president’s office More...
Relief as Central Bank Extends BVN Registration Deadline
LAGOS JUNE 30TH (URHOBOTODAY)-Bank customers who have not registered their Bank Verification Number (BVN) sigh heave of relief when the Central Bank of Nigeria (CBN) announced extension of the deadline to Oct. More...
Nigeria’s Woes Deepen as Central Bank Missteps on Currency
EMEFIELE LAGOS FEBRUARY 7TH (URHOBOTODAY) — As if the collapse in crude prices, forthcoming elections and an Islamist insurgency weren’t enough, investors in Nigeria have another matter to worry about: More...
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‘Missing’ $20bn: FG Vows to Jail Allison-Madueke, Others If Found Guilty
Minister of Petroleum Resources, Mrs Deziani Allison-Madueke LAGOS FEBRUARY 22ND (URHOBOTODAY)-The Minister of Petroleum Resources, Deziani Allison-Madueke and other chief executives of parastatals under her ministry More...
Sanusi Dismisses Findings of Financial Report Council of Nigeria, Says Its Out of Order
Lamio Sanusi LAGOS FEBRUARY (URHOBOTODAY) The suspended Governor of Central Bank, Mallam Lamido Sanusi, has said his suspension by President Goodluck Jonathan cannot be justified on any grounds, including the findings More...
Sanusi Saga: New York Times Editorial Lampoons Jonathan
Lamido Sanusi LAGOS FEBRUARY 21ST (URHOBOTODAY)-President Goodluck Jonathan of Nigeria removed the governor of the country’s central bank from his post on Thursday, after the bank governor repeatedly charged that More...
Jonathan Fires Sanusi over Financial Recklessness, Misconduct
Sanusi LAGOS FEBRUARY 20TH (URHOBOTODAY)-President Jonathan Thursday morning suspended the Central Bank Governor, Mallam Sanusi Lamido Sanusi from office. He has been asked to hand over to the most senior Deputy More...
Fresh Liquidity Crisis Rocks Banks
LAGOS JANUARY 22ND (URHOBOTODAY)-There are strong indications that some of the 23 banks in the country may be having cash crisis, according to the Central Bank of Nigeria (CBN) investigation. A Capital Adequacy More...
Why is Jonathan Silent over Missing Billions?
President Goodluck Jonathan By Okey Ndibe LAGOS JABUARY 2ND (URHOBOTODAY)-On December 9 and 10, several websites and newspapers published a startling letter that Governor Sanusi Lamido Sanusi of the Central Bank More...