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    104.9FM Best rock music demo

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    Demo Radio Nr.1 For New Music And All The Hits!

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24 Results / Page 1 of 3

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Economy

Nigeria’s CBN Governor Calls for Resilient Institutions Amid Global Uncertainty

By Oluwakemi Kindness Institutions within the African continent has been tasked to embrace resilience as a core strategy to withstand global economic shocks and drive sustainable development. This is according to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who said Africa must build institutions capable of navigating economic fragmentation, trade protectionism, and shifting geopolitical realities. “Resilience is not accidental. It is engineered through deliberate choices, strategic […]

todayJune 25, 2025 7 4

NIRSAL MFB logo with statement refuting ₦215 billion Anchor Borrowers Programme claim
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Economy

NIRSAL MFB Denies ₦215bn Anchor Borrowers Disbursement Claim

By Oluwakemi Kindness NIRSAL Microfinance Bank (NMFB) has denied recent reports alleging that it disbursed ₦215 billion under the Anchor Borrowers Programme (ABP), describing them as misleading and factually incorrect. According to the bank, the actual amount disbursed through its verified ABP loan interventions stands at ₦51 billion, a figure it has consistently presented in public disclosures. This clarification corrects what NMFB describes as a "significant discrepancy" in media reports […]

todayJune 20, 2025 8 1

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Economy

CBN Denies Extending BDC Recapitalisation Deadline  

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. The CBN, through its Acting Director of the Corporate Communications Department, Hakama Sidi Ali, describes the information as false, misleading, and stated that it should be disregarded. According to her, the Bank has […]

todayJune 12, 2025 10 14

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News

CBN’s Cardoso Bags Top Award at 2025 African Banker Awards

By Oluwakemi Kindness Governor of the Central Bank of Nigeria, Olayemi Cardoso, has been named Central Bank Governor of the Year at the 2025 African Banker Awards in Abidjan, Côte d’Ivoire. The award, presented by African Banker magazine, recognizes Cardoso’s “bold and strategic” leadership in steering monetary and regulatory reforms that have restored stability and confidence in Nigeria’s financial system, according to event organizers. In a statement, the Awards Committee […]

todayMay 30, 2025 6 2

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Economy

P&ID Case Lawyers Urge Procurement Reform, Applauds CBN Legal Counsel

By Oluwakemi Kindness The Federal Government has received critical recommendations from foreign legal counsel who successfully represented Nigeria in the high-profile legal battle against Process & Industrial Developments Ltd. (P&ID), aimed at preventing future contractual disputes. The legal experts emphasized the importance of implementing robust safeguards when entering into high-value contracts. Central to their recommendations is the need to strengthen the nation's procurement processes and ensure comprehensive due diligence on […]

todayMay 23, 2025 15 2 2

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Economy

CBN Reassures Public on Banking Sector Stability

By Oluwakemi Kindness   The Central Bank of Nigeria, CBN, has reassured the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The reassurance by the CBN follows certain publications and social media reports containing misleading information regarding the operations of a regulated financial institution. The CBN in a statement says like all other regulated institutions, the institution referenced in these reports is held to stringent regulatory requirements, […]

todayMay 20, 2025 9 5

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Economy

CBN Simplifies BVN Registration for Nigerians in Diaspora

By Oluwakemi Kindness The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform—a secure digital gateway enabling Nigerians living abroad to obtain their Bank Verification Number (BVN) without having to be physically present in the country. The platform is designed to enhance financial inclusion, streamline identity verification, and facilitate easier access to banking services for […]

todayMay 14, 2025 20 2

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Economy

CBN Alerts Public Against Scam Contracts and Fraudulent Claims

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has reiterate warnings that it has not authorised, licensed, or appointed any individual, group, or organisation to act as an agent or intermediary in offering contracts, financial grants, or intervention funds to the public. The CBN in a statement on Monday also notes that it did not endorse or support such claims in any form. "The attention of the Central Bank […]

todayMay 12, 2025 10

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Economy

CBN Revises Documentation Requirements For PAPSS Transactions

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has announced a significant review of the documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. According to a statement by the Bank on Monday, this initiative is part of CBN’s ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa Launched by Afreximbank in […]

todayApril 29, 2025 16 3

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