[1] As we all remember, in 2004, the then finance minister Ngozi Okonjo-Iweala introduced a bank consolidation exercise during which the Central Bank of Nigeria (CBN) increased the minimum capital requirement base of banks to N25bn ($70m) from N5bn. This policy was introduced due to the challenges which plagued the banks including low capital bases, liquidity and poor asset quality. As a result, Nigerian banks were consequently forced to merge
GOVERNOR Abdulrahman Abdulrazaq of Kwara State has announced plans to build a secretariat on the piece of land in Ilorin reclaimed from one of his predecessors the former senate president Senator Bukola Saraki.
IGBO Presidency Project Movement 2023 officials have warned politicians of northern extraction to respect the zoning of the presidency and relinquish power to the south of the country come 2023.
GOVERNOR Ben Ayade of Cross River State has created a ministry of foreign affairs as part of an aggressive plan to attract international investment in a desperate bid to diversify the state's economy.
PHILIPPINE president Rodrigo Duterte has banned two US senators from entering the country and has threatened to require all American citizens to apply for visas before being allowed to visit in response to criticism of his human rights record.
NIGERIA is facing the prospect of increased poverty over the next decade with an extra 10m people becoming extremely poor unless the government dramatically increases productivity and enhances growth according to a new World Bank report.
NIGERIA'S main opposition the Peoples Democratic Party (PDP) has revealed that it will soon commence consulting its members as to who will be the best person to select as its 2023 presidential candidate.
SUPER Eagles head coach Gernot Rohr has been offered an extension to his contract with the Nigeria Football Federation (NFF) with several new conditions including one stipulating that he must live in Nigeria and only can only travel abroad on holiday three times a year.
JUSTICE minister Abubakar Malami has revealed that Shiite Islamic Movement of Nigeria (IMN) leader Sheikh Ibrahim El-Zakzaky has not been released from custody because his case is being handled by the Kaduna State government.
GOVERNOR Abdulrahman Abdulrazaq of Kwara State has announced plans to build a secretariat on the piece of land in Ilorin reclaimed from one of his predecessors the former senate president Senator Bukola Saraki.
IGBO Presidency Project Movement 2023 officials have warned politicians of northern extraction to respect the zoning of the presidency and relinquish power to the south of the country come 2023.
GOVERNOR Ben Ayade of Cross River State has created a ministry of foreign affairs as part of an aggressive plan to attract international investment in a desperate bid to diversify the state's economy.
PHILIPPINE president Rodrigo Duterte has banned two US senators from entering the country and has threatened to require all American citizens to apply for visas before being allowed to visit in response to criticism of his human rights record.
NIGERIA'S main opposition the Peoples Democratic Party (PDP) has revealed that it will soon commence consulting its members as to who will be the best person to select as its 2023 presidential candidate.
SUPER Eagles head coach Gernot Rohr has been offered an extension to his contract with the Nigeria Football Federation (NFF) with several new conditions including one stipulating that he must live in Nigeria and only can only travel abroad on holiday three times a year.
JUSTICE minister Abubakar Malami has revealed that Shiite Islamic Movement of Nigeria (IMN) leader Sheikh Ibrahim El-Zakzaky has not been released from custody because his case is being handled by the Kaduna State government.
