Sunday, November 24, 2024

Economy

97% of Nigerian bank accounts don’t have over N500,000

An overwhelmingly large number of Nigerians do not have up to half a million in their bank accounts, according to a government data, a...

Nigeria’s Eurobonds up after Emefiele’s removal. Here’s what it means

Nigeria’s dollar bonds rose on Monday after Friday’s suspension of Central Bank of Nigeria governor, Godwin Emefiele. The 10-year dollar-denominated bonds or Eurobonds surged 2.6...

Tinubu says he feels Nigerians’ fuel subsidy pains. Many don’t buy it

President Bola Tinubu on Monday offered a promising outlook following his removal of fuel subsidy that has imposed huge cost on long-suffering citizens, telling...

SSS confirms arrest of suspended CBN governor Emefiele

Nigeria's spy police has confirmed the arrest of the suspended governor of the Central Bank of Nigeria, Godwin Emefiele. "The Department of State Services (DSS)...

The CBN man replacing suspended Emefiele has an interesting profile

​Godwin Emefiele, governor of the Central Bank of Nigeria, who for years poured out loans to the federal government above the allowed limit in...

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