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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19 mins ago
Senior Pastor of The Covenant Nation and Convener The Platform Nigeria, Poju Oyemade, has countered the claim by a Catholic priest in the Abuja Archdiocese, Rev. Fr. Chinenye Oluoma that gospel minister Mercy Chinwo charges a specific fee to sing in churches. Oyemade, whose The Platform Nigeria has become an avenue for discourse on nation-building…
3 hours ago
Nollywood sensation, Mercy Aigbe has argued that Yorubas throw the best parties, as well as delicacies to supplement them. Mercy Aigbe disclosed this at an event she went to, where she uploaded a video displaying the various menu items she was treated to. She wrote on her Instagram page. What! Hot Amala, inside Ikoko Irin…
4 hours ago
Senior Partner at Templars Law Firm and immediate past President of the Nigerian Bar Association (NBA), Mr. Olumide Akpata, has felicitated Otunba Dele Oye on his inauguration as the 22nd President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA). Oye was inaugurated as NACCIMA President in Ado-Ekiti, the Ekiti State…
5 hours ago
Federal Capital Territory (FCT) High Court sitting in Bwari has affirmed Edozie Njoku the legitimate National Chairman of the All Progressives Grand Alliance (APGA).