•NYSC members The federal government has lifted the ban restricting the posting of members of the National Youth Service Corps to the public sector, allowing for corpers to now be posted to private sector organisations, including banks and oil and gas companies. According to a memo issued by the Minister for Youth Development, Ayodele Olawande...
•CBN Governor Yemi Cardoso The Central Bank of Nigeria (CBN) has lifted its suspension on banks borrowing from its window, known as the Standing Lending Facility (SLF). The apex bank also pegged the lending rate at 31.75 percent sequel to to decisions made at the 296th meeting of the Monetary Policy Committee (MPC) of the […]
•ECOWAS leaders in Abuja yesterday The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Niger Republic, Mali and Guinea. The resolution was taken at the extraordinary summit on the peace, political, and security situation in the ECOWAS sub-region in Abuja yesterday, reports Channels TV. While the region...
The Central Bank of Nigeria has reviewed its position on the ban on cryptocurrency transactions in Nigeria. The apex bank said yesterday that it had changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions, reports Daily Trust. This is contained in a circular dated […]
•Nnamdi Kanu Justice A. O. Onovo of the Enugu State High Court, Thursday, declared the proscription of the Indigenous People of Biafra by the South-East Governors’ Forum as illegal, unconstitutional, and null and void. It was earlier reported that in 2017, the South-East Governors Forum, led by former Gov David Umahi of Ebonyi State, proscribe...