The Nigerian Exchange (NGX) Limited was further put under pressure on Tuesday, giving up 0.30 per cent at the close of transactions due to profit-taking that started the previous session. Investors went on selling spree after the Central Bank of Nigeria (CBN) directed banks to suspend the payment of dividends to shareholders, investment in foreign […]
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Former Aviation Minister Femi Fani-Kayode has issued a scathing rebuke of U.S. President Donald Trump, urging him not to plunge the world into a catastrophic conflict amid rising tensions between Israel and Iran. In a strongly worded statement on Tuesday, Fani-Kayode condemned Trump’s recent rhetoric regarding the Middle East crisis, accusing him of being reckless […]
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has suspended its strike along the Lekki-Epe corridor after the Lagos State Government agreed to enter discussions over the newly introduced N12,500 E-Call Up levy charged to truck operators each time they use the corridor. The announcement was contained in a letter signed by IPMAN’s National Secretary, […]
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Governor Hyacinth Alia of Benue State has declared Wednesday, June 18, a public holiday to welcome President Bola Ahmed Tinubu to the state, even as the state grapples with a surge in deadly attacks attributed to armed herders. The public holiday, announced via an official memo obtained by THE WHISTLER, signed by the Secretary to […]
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The federal government has unveiled plans to track all unpaid loans in the country through the National Identification Number (NIN) to improve credit infrastructure and reduce corruption. This was disclosed by the Managing Director of Nigerian Consumer Credit Corporation, CREDICORP, Uzoma Nwagba, during a Meet the Press” briefing organized by the Presidential Media Team at […]
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The Central Bank of Nigeria (CBN) has confirmed that banks currently affected by forbearance measures are under close supervision. This comes as part of the regulator’s continued efforts to stabilize and strengthen Nigeria’s banking sector. According to a press statement by the CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, on Tuesday, these […]
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