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Active bank accounts linked to BVN stands at 43.3m-NBISS report

Active bank accounts linked to Bank Verification Number (BVN) as at September 6 stood at 43.32 million, a report by the Nigeria Interbank Settlement System (NBISS) has shown. The BVN data, falls short of the Central Bank of Nigeria’s (CBN’s) target of 100 million customers enrolment on the BVN network in the next five years,

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StarTimes launches e-shopping TV channel GO

StarTimes has launched of StarTimes GO, a 24-hour channel dedicated to e-shopping and aimed at advancing the digital lifestyle of Nigerians. The integrated e-shopping platform offers audience access to a massive array of superior quality products, with great designs, at discounted prices and the goods are directly delivered to the doorsteps of shoppers. The e-shopping channel

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Buhari orders CBN to stop forex on all food imports into Nigeria

President Muhammadu Buhari Thursday ordered the Central Bank of Nigeria (CBN) to call off issuance of foreign exchange for food and fertiliser imports, according to a statement by his spokesman, Reuters said. A related directive was given last year that the nominally-autonomous bank only partially observed, with some food importers still having access to foreign

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Adesina takes oath as AfDB President for another five years

Reelected President of the African Development Bank, Dr. Akinwumi Adesina, has been sworn-in for a five-year second term. The swearing-in ceremony held Tuesday was attended by Heads of States, Governors and other stakeholders who joined physically and virtually. The former Nigerian Minister of Agriculture was reelected last week to serve a second five-year term, with a

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Adesina re-elected AfDB President for another five years

Nigeria’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term. The election took place electronically on Thursday at the virtual annual general meeting of the bank. Adesina’s reappointment on Thursday at the helm of the 56-year-old bank is considered a formality as he is the sole

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Former CBN Dep Gov Mailafia resigns from NIPSS

The former presidential candidate of the African Democratic Congress (ADC) in the 2019 elections Dr Obadiah Mailafia has resigned from the National institute for Policy and Strategic Studies (NIPSS) Kuru, Jos Plateau State Mailafia was a directing staff at the National Policy, which is a think- tank institution. His lawyer Barrister Yakubu Bawa confirmed this to

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SERAP Asks Buhari to Revoke Assent to CAMA or Face Legal Action

Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari requesting him to urgently rescind his assent to the Companies and Allied Matters Act, 2020 (CAMA 2020). The group urged the president to send the legislation back to the National Assembly to address its ‘fundamental flaws’, including by deleting some

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