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Banks Borrow N360.19bn From CBN In 1 Week

  Nigeria’s interbank market witnessed heightened activity for the week that ended yesterday, Friday, August 22, as deposit money banks ramped up borrowings at the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF), even as the overnight (OVN) lending rate eased on the back of robust liquidity injections. The Standing Lending Facility (SLF) is...
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North Feels Marginalised Under Tinubu –ACF

…says Second Term not automatic for president Despite the seemingly overbearing posture of the ruling All Progressives Congress (APC) and the impression in some quarters that the coast is clear for President Bola Ahmed Tinubu, ahead of the 2027 presidential election, the Arewa Consultative Forum (ACF) has noted that, a second term is not automatic...
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FG Secures $238 Million Loan From JICA

  The Minister of Power, Chief Adebayo Adelabu who was part of the national delegation during the Ninth Tokyo International Conference on African Development (TICAD 9) in Yokohama, Japan held high-level engagements with Japanese stakeholders said the federal government delegation had discussion, which focused on transmission infrastructure, operational efficiency, and strategies to reduce system losses....
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Recapitalisation Deadline: Banks On Course To Meet Target

Financial analysts have stated that banks are on course to meet the deadline of March next year set by Central Bank of Nigeria to meet recapitalisation. The Managing Director of Jaiz Bank PLC, Nigeria’s pioneer non-interest bank, Dr Haruna Musa, provided insights on the bank’s strategies for meeting the CBN recapitalisation threshold. Though CBN’s recapitalisation...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...