Central Bank
PDP wants central bank chief to resign over fiscal policy
The Peoples Democratic Party (PDP) has asked the governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to resign, saying the economy is in shambles under his watch. The post PDP wants central bank chief to resign over fiscal policy appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Lagos chamber advises central bank on tackling inflation
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices. The post Lagos chamber advises central bank on tackling inflation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
#EndSARS: VON chief proffers solution to youth restiveness
The Director-General of Voice of Nigeria (VON), Mr. Osita Okechukwu, has advocated for the construction of rural middle class, as the panacea to absorb EndSARS members and unemployed youths. The post #EndSARS: VON chief proffers solution to youth restiveness appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
BMO: President Buhari stands tall in Nigerian youths’ hall of fame
The Buhari Media Organisation (BMO) has stated that no contemporary Nigerian leader has done more to empower young Nigerians than President Muhammadu Buhari. The post BMO: President Buhari stands tall in Nigerian youths’ hall of fame appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Arabic inscriptions on naira doesn’t threaten Nigeria’s secular status – central bank tells court
The Central Bank of Nigeria has vehemently opposed a suit before the Federal High Court in Lagos praying that the Arabic inscriptions on naira notes be removed. A Lagos-based lawyer, Chief Malcolm Omirhobo, who filed the suit before Justice Mohammed Liman, contended that having Arabic inscriptions on the naira notes portrays Nigeria as an Islamic state, contrary to the country’s constitutional status of a secular state. Omirhobo, who said he does not know what the Arabic inscriptions mean, is praying the court to order the CBN to replace the Arabic inscriptions with either English language, which is the country’s official language, or any of Nigeria’s three main indigenous languages – Hausa, Yoruba or Igbo. According to the lawyer, with the Arabic inscriptions on the naira note, the CBN ha...
CBN: Nigeria far from financial inclusion target
A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial inclusion target in 2020. The CBN disclosed this in the report titled ‘Assessment of women’s financial inclusion in Nigeria’ for December 2019 period which was released on Monday. Part of the report read, “Not surprisingly, financial exclusion stands at 36 per cent for women and 24 per cent for men. “The relative gender gap related to financial inclusion is ~20-30 per cent, placing Nigeria below its peers. “Since 2012, although women’s exclusion has dropped, the gender gap has grown, revealing that men’s inclusion has improved more rapidly than women’s. “The National Financial Inclusion Strategy was launched in 2012 to reduce financial exclus...
Bayo Adelabu: No governor should flaunt payment of salary as achievements
Oyo State governorship candidate of the All Progressives Congress (APC) in the 2019 elections, Chief Adebayo Adelabu, has said no governor should flaunt payment of salary of workers as achievements. He said this while speaking with newsmen in Ibadan as part of activities marking his 50th birthday. To him, payment of salaries of workers is done through statutory allocations that states across the country receive on monthly basis. He said, “No state needs a governor before salary is paid. When salary is paid through statutory allocations and it goes straight to the Accountant General, they take it to the bank and they pay. Why must that be the major achievement of any governor? Adelabu who is a former deputy governor of the Central Bank of Nigeria also said embarking on populist is not susta...
Stock market volatility hits Norway’s sovereign wealth fund
Norway’s Central Bank on Tuesday said its pension fund lost 188 billion kroner ( 21 billion dollars equivalent) in the first half of 2020 amid stock market volatility during the coronavirus pandemic. The bank said the return on the sovereign wealth fund fell by 3.4 per cent during the January-to-June period. The Deputy Chief Executive of Norges Bank Investment Management, Trond Grande, said there were major fluctuations in the equity market. “The year started with optimism, but the outlook of the equity market quickly turned when the coronavirus started to spread globally. “The sharp decline in global stock markets during the first quarter is, however, limited by a massive monetary and financial policy response. “Even though markets recovered well in the second quarter, we are still witnes...
Obadiah Mailafia: Serving northern governor a Boko Haram leader
Dr. Obadiah Mailafia, a former Deputy Governor of the Central Bank of Nigeria, says repentant terrorists revealed that a serving northern governor is a Boko Haram leader. Mailafia said this on ‘Morning Crossfire’ programme on Nigeria Info Abuja 95.1FM on Monday. The post Obadiah Mailafia: Serving northern governor a Boko Haram leader appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
IGP asks court to dismiss deposed emir Sanusi’s suit
The Inspector-General of Police, Mohammed Adamu, has asked the Federal High Court in Abuja to dismiss a suit filed by the deposed Kano emir, Muhammadu Sanusi, over his banishment. Adamu in his preliminary objection, is arguing that the court lacked jurisdiction to hear the fundamental rights enforcement suit. Sanusi was deposed following a resolution of the Kano State Executive Council on March 9, on allegations of insubordination. Following his sack, he was taken to Awe in Nasarawa State and detained in an apartment in the town until March 13 when he obtained an interim order of the court for his release from house arrest. The deposed emir in the substantive suit marked FHC/ABJ/CS/357/2020 through his lead lawyer, Lateef Fagbemi, contested that his banishment and subsequent house arrest v...
US: Malta seizes $1 billion in counterfeit Libyan money
Maltese authorities have seized counterfeit Libyan money worth $1.1 billion that was printed by a Russian firm and worsen the north African country’s economic problems, the US State Department said. There was no official statement on Saturday from Valletta although Malta Today newspaper had published a report about $1.1 billion in counterfeit money seized in Malta on its Facebook site that was no longer available. “The United States commends the Government of the Republic of Malta’s announcement May 26 of its seizure of $1.1 billion of counterfeit Libyan currency printed by Joint Stock Company Goznak – a Russian state-owned company – and ordered by an illegitimate parallel entity,” the State Department said. “The Central Bank of Libya headquartered in Tripoli is Libya’s only legitimate cen...
ActionAid urges Nigerian government to address issues causing agitations
Following the organisation’s 42nd meeting held virtually as a result of the COVID-19 pandemic, it said it has deemed it fit as citizens of the nation and as active agents of change to make comments, observations and recommendations on the state of the nation. The post ActionAid urges Nigerian government to address issues causing agitations appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.