The bank’s increase in profit before tax to the tune of N61.15 billion was for the 2021 financial period.
CBN consultant on e-naira disclosed that the N5, N10, and N20 notes which have been weakened by the declining purchasing power of the naira will soon be out of circulation.
The downturn was impacted by losses recorded in Royal Exchange Assurance, Academy Press, and other stocks.
Until his appointment, Mr Adeniran was the Director of Demographic and Household Statistics at the NBS.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading.
Mr Adebayo said that the Department of Weights and Measures remained covered by the law stipulating very stringent measures against offenders
Finland had this week applied to join NATO, a move that likely angered Russia.
Mr Bilesanmi stressed that any move to increase the tariffs would be unacceptable by subscribers.
Buhari’s regime says it has resumed payment of over N9.24 billion to 76,107 beneficiaries of Conditional Cash Transfer (CCT) programme.
“The focus cannot just be on what can Nigeria teach others. If it does not practise it itself, there is really much to be done around domestic resource mobilisation.”
