Just In: Access Bank Acquires Diamond Bank
gistyinka One of Nigeria’s leading commercial bank Access Bank has acquired Diamond Bank, according to a report published by The Cable. According to The Cable, reported that the acquisition was midwifed…
Cashless Society: Is Nigeria Winning the Cashless Society War?
Technology is forcing both developed and emerging economies to innovate. The cashless society is one such innovation. Cashless society according to Wikipedia describes an economic state whereby financial transactions are…
CBN Imposes Fine of #10,000 On Any Banks That Failed to Reverse Any E-Transactions Within 24 Hours
Nigeria’s apex bank Central Bank of Nigeria (CBN) has impose #10,000 fine on all commercial banks that failed to reverse back any failed electronic transactions within 24 hours. The Nigeria’s…
Ahead of 2019 Governorship Race in Oyo State: Deputy Governor Of CBN, Adebayo Adelabu Resigns From His Role
After several months of speculations, the deputy governor in charge operation at Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu has Resigns from his post. Nigeria’s President Buhari formally accepted…
Panic Mood as Nigerians Reacts to MMM on the Brink of Crash ” One Month Account Frozen ”
Despite all the warning by Federal Government, EFCC, CBN, Access Bank and other financial agency for Nigerians not to participate in the Russian Ponzi Scheme, MMM but yields to deaf…
Founder of MMM, Sergey Mavrodi Ridicule Nigerian Government in an Open Letter to “Nigerian Authorities”
Over the past few months, Sergey Mavrodi‘s Ponzi Scheme MMM is the talk of the town and its success has gives ways for many other peer-to-peer scheme, but despite all…
CBN Warns Nigerians ” MMM is a Fraud , Don’t Patronize It ”
Over the past few months, the oldest Ponzi and pyramid scheme MMM, has taken Nigeria by storm as the quickest way to make money in this recession. Nigeria’s apex bank,…
PDP vs APC : Opposition Party PDP Accused First Lady, Garba Shehu and Other of Benefiting from Devaluation of Naira Crisis ” Aisha Buhari, Garba Shehu and Other Bought Forex Dollar at N185 from CBN and Resold It At A Profit ”
It seems that politicians and the elite classes are benefiting from the devaluation of Naira against the dollar currency. Over the past few months, Nigeria currently Naira continues to bow…
Former CBN Governor Lamido Sanusi Lamido installed as New Emir of Kano
Firstly a Big congratulation to Former Central Bank of Nigeria Governor Lamido Sanusi Lamido, as he was appointed as the new emir of Kano, about few minutes ago. After several…