BADEJO ADEMUYIWA

In the coming days, the Central Bank of Nigeria (CBN) may be asked to withdraw and restate the entire seven years' financial statements published last week owing to the alleged inherent flaws and also, for containing misleading information.…

Nigeria's banking regulators are seeking new investors for the 132 Microfinance banks whose licenses were revoked early this year, a move that suggests that the liquidation of the lenders may have been suspended. The affected MFBs that cut…

In what could be described as the rejected stone that eventually became the head of the cornerstone, President Bola Tinubu has appointed the former Executive Secretary of the Financial Reporting Council of Nigeria (FRC), Jim Obazee as the…

The work atmosphere at the nation's capital market regulator, the Securities and Exchange Commission (SEC) is troubled by the frosty relationship between the commission and its workers with fear, it could snowball into an industrial crisis…

Godwin Emefiele, the Governor of Nigeria's Central Bank was suspended because he could not present the audited accounts of the bank from 2019 up to date, InsideBusinessNG investigation has revealed. An audited account is a financial record…

Contrary to the expectation of the outgoing administration of President Muhammadu Buhari, the $800 million facility from the World Bank to cushion the effect of the removal of oil subsidy is likely to be disbursed to the incoming Nigerian…

Gana Wakil, a director, is to take over as the interim Executive Secretary of the Nigeria Investment Promotion Commission (NIPC) as Saratu Umar is sacked again after nine months in office by President Muhammadu Buhari.…

The ruling party, All Progressives Congress (APC) has set up a process to scout for ministerial candidates to form the cabinet in the incoming administration. The development, coming a few days after the declaration of Bola Tinubu…

Significant investments may not be undertaken by Nigeria's private organisations while major fiscal policies may be left hanging by public authorities in 2023 owing to the uncertainty on the 2022 audited accounts of the Central Bank of…

Nigeria's Central Bank may be asked to withdraw six-year audited accounts starting from 2016 to 2021 from circulation and re-issue them to correct the alleged manipulations discovered in the apex bank's financial statements.    The CBN…