To protect its image in view of the ongoing allegations of extramarital affairs with an ex-staff of the bank, First City Monument Bank (FCMB) has announced that Yemisi Edun would act as Managing Director/Chief Executive Officer, while the embattled Adam Nuru would proceed on leave.
"In line with normal corporate...
Idowu Sowunmi
President Muhammadu Buhari Tuesday said Nigeria would stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB).
The President stated this at State House in Abuja, while hosting Adesina on a courtesy visit.
According to him, “In 2015, when you...
Godwin Obaseki of the Peoples Democratic Party (PDP) has defeated Osagie Ize-Iyamu of the All Progressives Congress (APC) to secure another four-year term as governor of Edo State.
Obaseki was returned elected after scoring highest number of votes in the Saturday poll, said the Returning Officer for Edo State governorship...
Prices would trend down soon - Buhari appeals for calm
CBN Governor, Emefiele expresses hope, blames fiscal measures
Inflation rate in Nigeria has spiralled up to hit 13.22% as the end of August, a record that broke a 29-month moving average.
The Consumer Price Index (CPI), which measures prices of...
African Energy Chamber's Local Content Advisory Committee has held its first meeting, placing local content development at the core of its activities towards the continent's economic recovery.
The meeting agreed that with several established markets like Nigeria or Angola and frontier energy markets such as Senegal or Uganda, the oil...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption.
President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
Planned withdrawal of Unstructured Supplementary Service Data (USSD) short code service that enables bank transfer from mobile device, has been suspended by telecommunications operators in the country.
The withdrawal of the said suspension of service, which was to take effect from Monday, March 15, came as the Central Bank of...
President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly.
The President’s action on this important piece of legislation, therefore, repealed and replaced the extant Companies and Allied Matters Act, 1990, introducing after 30 years, several corporate legal innovations...
The need to be cybersecurity-conscious to guarantee online safety for Internet users is said to be everyone’s business and not reserved for a group of people,
The Executive Vice Chairman (EVC) and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta made the remark during at an...