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Saturday, May 30, 2020

AMCON Bill Ready for Presidential Approval

The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers...

One Year after: Focusing on CBN Under Sanusi

As every actor knows, it is easy to be typecast. The picture being made of Sanusi Lamido Sanusi, after one year in office as...

Audit Report that Exposed the Rot in the Banking Sector

Many people did not actually know the gory details of how the sacked chief executives of the eight banks ruined their banks, if not...

The legality of CBN's Action on sick banks

Tongues have been waging on the legality or otherwise of the actions taken by the Governor of the Central Bank of Nigeria , Mallam...

Behold the Four Pillars of Reforms

The Central Bank of Nigeria , in its determination to reform the Nigerian financial system came out with a blue print built around four...

Perspectives on Reforms: Cases for and Against

Tne major hindrance to good policies or reforms in Nigeria is selfish interest. No matter how good the policies of government are, corruption and...

Corporate Governance and Banking Dynamics

In recent times, corporate governance is one terminology that has continued to echo in the media; print, airwave, online. Its resounding nature has drawn...

The Effects of Sanusi's Bailout Funds

It goes by different names but means the same thing. US President Barrack Obama may choose to call it “stimulus package” or “bailout plan”....

AMCON as an Elixir

Following the discovery that the nine sick banks jointly have a toxic debt totalling N1.5 trillion, the Central Bank of Nigeria came up with...

Monetary Policies and the Nigeria 's Economic Development

Apart from his distinction in monetary policy at master degree program, Lamido Sanusi has displayed high level of competence in the application of such...

As they Hail the Monetary Reforms

The Governor of Central Bank of Africa's most populous nation, Mallam Sanusi Lamido Sanusi could be likened to a bus driver, a no nonsense...

NASS Passes CBN’s Asset Management Bill

The on-going banking reforms have received a significant boost with two key developments in the National Assembly. The House of Representatives has passed the...

CBN Extends Terminal Date for Circulation of Paper Notes


Skye Bank Get new CEO Designate

The Board of Directors of Skye Bank Plc has appointed the Deputy Managing Director of the bank, Kehinde Durosinmi-Etti, as the Group Managing Director...

RE- Alleged Limit to Loan Approval and 5% Equity Holding in Banks

The attention of the Central Bank of Nigeria has been drawn to two publications, the first in the Vanguard Newspaper of January 28, 2010...

DMO Resumes Monthly Auctions, Offers N75bn FGN Bonds

The Debt Management Office (DMO) has resumed its monthly bond auctions, offering a total of N75billion FGN bonds, made up of N20billion for the...

Cecilia Ibru’s N400bn Assets

Before she was sacked from office as the Managing Director of Oceanic Bank Plc by the Central Bank of Nigeria (CBN), Mrs. Cecilia Ibru...

10 Year Tenure: Banks’ MDs to Go in July 2010 -CBN

… Banks to Negotiate Sales with Foreign Investors  The Board of the Central Bank of Nigeria has finally fixed a maximum tenure...

CBN Appoints New Executive Directors For Three Banks

The Central Bank of Nigeria has announced the appointment of new Executive Directors for Bank PHB, Spring Bank Plc and Equitorial Trust Bank Limited...
Live Covid-19
United States 1,795,779
Cases: 1,795,779
Deaths: 104,582
Recovered: 519,709
Active: 1,171,488
Brazil 468,338
Cases: 468,338
Deaths: 27,944
Recovered: 193,181
Active: 247,213
Russia 396,575
Cases: 396,575
Deaths: 4,555
Recovered: 167,469
Active: 224,551
Spain 285,644
Cases: 285,644
Deaths: 27,121
Recovered: 196,958
Active: 61,565
United Kingdom 271,222
Cases: 271,222
Deaths: 38,161
Active: 233,061
Italy 232,248
Cases: 232,248
Deaths: 33,229
Recovered: 152,844
Active: 46,175
France 186,835
Cases: 186,835
Deaths: 28,714
Recovered: 67,803
Active: 90,318
Germany 183,113
Cases: 183,113
Deaths: 8,598
Recovered: 164,900
Active: 9,615
India 175,434
Cases: 175,434
Deaths: 4,983
Recovered: 82,945
Active: 87,506
Turkey 162,120
Cases: 162,120
Deaths: 4,489
Recovered: 125,963
Active: 31,668
Iran 148,950
Cases: 148,950
Deaths: 7,734
Recovered: 116,827
Active: 24,389
Peru 148,285
Cases: 148,285
Deaths: 4,230
Recovered: 62,791
Active: 81,264
Chile 90,638
Cases: 90,638
Deaths: 944
Recovered: 38,598
Active: 51,096
Canada 89,418
Cases: 89,418
Deaths: 6,979
Recovered: 47,518
Active: 34,921
Mexico 84,627
Cases: 84,627
Deaths: 9,415
Recovered: 59,610
Active: 15,602
Saudi Arabia 83,384
Cases: 83,384
Deaths: 480
Recovered: 58,883
Active: 24,021
China 82,999
Cases: 82,999
Deaths: 4,634
Recovered: 78,302
Active: 63
Pakistan 66,457
Cases: 66,457
Deaths: 1,395
Recovered: 24,131
Active: 40,931
Belgium 58,186
Cases: 58,186
Deaths: 9,453
Recovered: 15,769
Active: 32,964
Qatar 55,262
Cases: 55,262
Deaths: 36
Recovered: 25,839
Active: 29,387
Netherlands 46,257
Cases: 46,257
Deaths: 5,951
Active: 40,306
Bangladesh 44,608
Cases: 44,608
Deaths: 610
Recovered: 9,375
Active: 34,623
Belarus 41,658
Cases: 41,658
Deaths: 229
Recovered: 17,964
Active: 23,465
Ecuador 38,571
Cases: 38,571
Deaths: 3,334
Recovered: 19,190
Active: 16,047
Sweden 37,113
Cases: 37,113
Deaths: 4,395
Recovered: 4,971
Active: 27,747
Singapore 34,366
Cases: 34,366
Deaths: 23
Recovered: 19,631
Active: 14,712
United Arab Emirates 33,170
Cases: 33,170
Deaths: 260
Recovered: 17,097
Active: 15,813
Portugal 32,203
Cases: 32,203
Deaths: 1,396
Recovered: 19,186
Active: 11,621
Switzerland 30,845
Cases: 30,845
Deaths: 1,919
Recovered: 28,400
Active: 526
South Africa 29,240
Cases: 29,240
Deaths: 611
Recovered: 15,093
Active: 13,536