Author: Eberechi Constance

CBN to sanction Microfinance banks over late submission of monthly returns

CBN to sanction Microfinance banks over late submission of monthly returns The Central Bank of Nigeria has threatened to sanction development finance institutions, primary mortgage banks, and microfinance banks regarding the timely submission of their statutory monthly returns through the Financial Institutions Returns Automation (FinA) application. The Apex Bank gave[Read More…]

Edo community protest against Shaibu’s impeachment

Edo community protest against Shaibu’s impeachment   Community members of Edo state has protested against the impeachment of the deputy governor, Philip Shaibu by the lawmakers.   The protesters were seen bearing placards with inscriptions such as “No to impeachment”, “We want peace in Edo State”, “Return the N500 million[Read More…]

Dangote names Refinery Road after Herbert Wigwe

Dangote names Refinery Road after Herbert Wigwe Aliko Dangote, founder of Dangote group of companies, on Monday named the 120 kilometer stretch of road to his refinery after Herbert Wigwe, former group CEO of Access Corporation Plc. Dangote made the pronouncement at the celebration of professional excellence in honour of[Read More…]

Lagos vows to enforce monthly rental policy

Lagos vows to enforce monthly rental policy   The Lagos State government through its Special Adviser to the governor on Housing, Barakat Odunuga-Bakare, has said that the state’s monthly rental scheme will be enforced before the end of 2024 or early next year. Odunuga-Bakare who stated this during a press[Read More…]