Wednesday, 29th June 2022
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BoFIA

17 May 2021
It was shocking to many economic agents to hear that that bank was under CBN-induced oxygen since 2016. Four years was too long for the CBN to maintain forbearance without the knowledge of the public.
25 Dec 2020
The Central Bank of Nigeria (CBN) has revoked the licenses of seven payment service providers for failing in statutory requirements. The revocation order was contained in an official gazette published on the website of the apex bank yesterday. The decision had been gazetted since December 4, 2020. The providers affected are Easifuel Limited, Transaction Processing…
24 Jul 2020
It was soothing news for the monetary policy team yesterday, as the Senate finally passed the bill to repeal the Banks and Other Financial Institutions Act (BOFIA) CAP B3 Laws of the Federation of Nigeria 2004 to pave the way for a re-enactment of Banks and Other Financial Institutions Act...
18 Jun 2020
Experts have underscored the need for financial institutions operating in the country to comply with the law governing the Banks and Other Financial Institutions Act (BoFIA), and support the development of the capital market.

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6 mins ago
Governor Mai Mala Buni of Yobe State has declared a three-day public holiday for workers to obtain their Permanent Voter Cards (PVCs) for the 2023 general elections.
8 mins ago
Governor of Lagos, Mr Babajide Sanwo-Olu, has tasked operators of the Micro, Small and Medium Enterprises (MSMEs) to embrace digitalisation to maximise the advantages of the already implemented African Continental Free...
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World Health Organisation (WHO), yesterday, warned that the ongoing global outbreak of monkeypox could become another pandemic like COVID-19, if uncoordinated response and inequitable access to vaccines persist.
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Lagos State Government, through the Lagos Water Corporation (LWC), has partnered with the United States Agency for International Development (USAID) on revitalisation of the safe Water
12 mins ago
Oyo State Police Command, yesterday, arraigned a 38-year-old Jamiu Yekinni before An Iyaganku Magistrate’s court sitting in Ibadan, for alleged unlawful possession of human flesh and dried bones in Oyo State.