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Various Rating Actions On Nigerian Banks By S and P Following Sovereign Downgrade; Outlooks Stable

Tuesday, April 07, 2020 / 09:34 AM / by S & P Global Ratings / Header Image Credit: Ecographics On March 26, 2020, S&P Global Ratings lowered its long-term foreign and local currency ratings on Nigeria to ‘B-‘ from ‘B’ on the weakening external position tied to lower oil prices. We believe that Nigerian banks’ asset quality and […]

PDP: COVID-19 Has Exposed FG’s Social Intervention as Hoax

PDP National Publicity Secretary, Mr. Kola Ologbondiyan Chuks Okocha in Abuja The Peoples Democratic Party (PDP) yesterday said the COVID-19 pandemic has further exposed the social intervention programmes of the All Progressives Congress (APC) and its government as a ‘total hoax’. PDP alleged that the APC leaders have been fleecing the country through the social […]

Private Sector Donations To Coronavirus Relief Fund Hits N21.5BN

Posted by Kabir Afolayan on Apr 7, 2020 under Naija News    0 The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realized about N21.588 billion to help fight the COVID-19 pandemic. The update of the contribution as at April 6, was made known in a document released by Mr. Isaac Okorafor, Director, […]

More pressure on the naira as Diaspora remittances to drop by 20% |

The coronavirus disease (COVID-19) has become a unique global pandemic which has created a lot of fear in governments and business owners, as there is limited knowledge of the spread, prevention, treatment, containment and the long term effect of the virus. This has led to an unprecedented lockdown with its crippling effects on the global […]

CBN Tears Adenuga, Otedola Apart – The Source Magazine

By Fola James Globacom owner, Mike Adenuga and oil magnate, Femi Otedola are not chummy friends but the corona virus pandemic has brought two of Nigeria’s billionaire together, after they both donated a billion naira each to the covid 19 Relief Fund set up by the federal government. But the same issue had almost separated […]

CBN warns the general public of methods cyber-criminals are using to defraud citizens during the Coronavirus pandemic • illuminaija

The Central Bank of Nigeria has warned Nigerians of the methods used by cyber-criminals to defraud innocent citizens amid the Coronavirus pandemic In a statement released by the Director, Corporate Communications, Isaac Okorafor, CBN advised Nigerians to be alert as “cyber-criminals are taking advantage of the current COVID-19 pandemic to defraud citizens, steal sensitive information, […]

CACOVID relief fund hits N21.5bn – CBN – Newsdiaryonline

The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realsied about N21.588 billion to help fight the COVID-19 pandemic. The update of the contribution as at April 6, was made known in a document released by Mr Isaac Okorafor, Director, Communications of Central Bank of Nigeria (CBN) in Abuja on Monday. The document […]

Cbn | COVID-19: CBN cautions Nigerians, reveals cyber criminals’ schemes – Daily Post Nigeria

COVID-19: CBN cautions Nigerians , reveals cyber criminals’ schemes The Central Bank of Nigeria ( CBN ) has advised Nigerians to be on alert to avoid being victims of cyber criminals taking advantage of the COVID-19 crisis. He stated that one of the cyber crime activities was phishing campaigns where the criminals sent out emails […]

CACOVID relief fund hits N21.5bn — CBN ⋆

The update of the contribution as at April 6, was made known in a document released by Mr Isaac Okorafor, Director, Communications of Central Bank of Nigeria (CBN) in Abuja on Monday. The document showed that Modupe and Florunsho Alakija, Mike Adenuga and Nigeria Deposit Insurance Corporation (NDIC) made donation of one billion naira each. […]

CACOVID relief fund hits N21.5bn — CBN

… Insurance Corporation (NDIC) made donation of one billion naira each. Nigeria News Agency reports that CBN and Aliko Dangote were so far the …

Adenuga has redeemed N1bn pledge, says Dele Momodu – Punch Newspapers

Eniola Akinkuotu, Abuja Media mogul, Dele Momodu, says Globacom founder, Mike Adenuga, has redeemed his pledge to donate N1bn to the COVID-19 fund. Momodu said this on social media barely hours after oil magnate, Femi Otedola, urged Adenuga to redeem his pledge. The Central Bank of Nigeria had in a statement last Friday listed Adenuga […]

Send your account numbers for Coronavirus assistance to Emefiele CBN governor, not me-sheu Sani tells beggars By Ayodele

r. Shehu Sani, a Nigerian former lawmaker from Kaduna state has asked Nigerians sending account numbers to him begging for an assistant to send their account numbers to Mr. Godwin Emefiele, the Central Bank of Nigerian (CBN) governor. The lawmaker who said he is not the CBN governor has since directed that all account numbers […]

FG’s social intervention programme a hoax, says PDP

By Gbade Ogunwale, Abuja The People’s Democratic Party (PDP) has described the federal government’s Social Intervention Programme (SIP) as a hoax. In a statement on Monday by the spokesman for the PDP, Kola Ologbondiyan, the party said the COVID-19 pandemic has further exposed the inherent fraud in the programme. The PDP accused some leaders of […]

CBN Warns Nigerians Against Cyber Criminals, Fraudsters – Channels Television

The Central Bank of Nigeria (CBN) has raised an alarm regarding cyber-criminals taking advantage of the current COVID-19 pandemic to defraud citizens, steal sensitive information, and gain unauthorized access to computers or mobile devices using various techniques. In a statement issued on Monday by the Director of Corporate Communication, Isaac Okorafor, the Apex bank warned […]