The Kebbi State branch Controller of CBN, Alhaji Abdullahi Dantsoho made this known at the end of a two day fair for stakeholders on Small and Medium Enterprenues organised by the Corporate Communication Department of CBN Abuja in Kebbi State. Alhaji Dantsoho explains that, the loans by the CBN were […]
Business
The combined net worth of three of Nigeria’s richest persons increased by $5.7bn in one year to $22.5bn, according to Forbes’ 2021 World’s Billionaires list. The list, which was released on Tuesday, includes 14 African billionaires, with the President/Chief Executive of Dangote Group, Aliko Dangote, leading the pack. Dangote, Africa’s […]
President Muhammad Buhari’s generosity to petty traders, artisans who are beneficiaries of his empowerment policy may have been in good fate. But the free loan gesture is tearing families apart as a man in Yola, Adamawa state has dragged his lovely wife to court, demanding for an account on #20,000 […]
Minister of State for Power, Goddy Jedy-Agba, says President Muhammadu Buhari has ordered that 36 million prepaid metres be installed across the country by June. Speaking on Friday after inspecting the metre testing facility of the Nigeria Electricity Management Services Agency (NEMSA) in Enugu, the minister stated that the agency […]
Naira depreciates 1.04% against dollar, despite CBN promo The naira currency ended the week’s trading at N485 against the dollar, N5 or 1.04 percent lower, in the black market, when compared to the 480 it closed last week. In a bid to sustain the increase in Diaspora remittances into the […]
Unity Bank Plc has extended support to over 642,860 small-holder farmers across 35 states of the federation, under the Central Bank of Nigeria’s Anchor Borrower’s Programme, to boost food production and attain self-sufficiency in rice production in Nigeria. Giving the assessment at the flag-off of the 2020 wet season harvest […]
…cautions against hoarding, panic buying Contrary to speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation has ruled out any increment in March 2021. A press release by the NNPC Group General Manager, Group Public Affairs Division, Dr […]
An All Progressives Congress (APC) Presidential aspirant in 2019 General Elections, Mallam Adamu Garba has developed crowwe, a Social Media business application which will serve as a platform that will provide job opportunities to many youths around the world to be self employed. Crowwe is also to serve as an […]
The Management of Abuja based distributor of DSM vitamin supplements in Nigeria ,Nisah_Palace has congratulated Hon. (Dr) Asabe Vilita Bashir on her appointment as the new Executive Director/CEO, National Centre for Women Development (NCWD). The management ,which thanked President Muhammadu Buhari for approving the appointment of the Borno State born […]
FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) has announced the admission of the Coronation Merchant Bank ₦1.29 billion Series 11 and ₦2.34 billion Series 12 CP under its ₦100.00 billion Commercial Paper Issuance Programme on its platform. This was following the admission of six Commercial Papers (CPs) valued […]
Jeff Bezos, the outgoing Amazon Chief Executive Officer, is back as the world’s richest person, bringing Elon Musk’s reign to an end after six weeks. This changing of the guard happened even though the duo billionaires’ fortunes shrank on Tuesday as their respective companies’ stock prices slipped. Musk lost about […]
International Monetary Fund says people should exercise caution in the use of cryptocurrencies, describing the trend as a matter of concern. IMF gave this warning during a virtual briefing on the recently published 2020 Article IV IMF Staff Report for Nigeria. Resident Representative of IMF for Nigeria, Ari Aisen, noted […]
Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent observed that some filling stations in Lagos and Ogun states increased the pump price of petrol to N170 per litre on Tuesday from N162 per litre. Some of the stations […]
Nigeria’s former minister of finance, Dr Ngozi Okonjo-Iweala, has been assigned as the Director-General of the World Trade Organisation. Okonjo-Iweala’s appointment was confirmed by WTO at a General Council meeting following a nomination procedure of eight candidates from around the world. The tweet read: “Ngozi Okonjo-Iweala from Nigeria is appointed […]
Samsung’s latest Galaxy S Series has received amazing reviews around the world. It is clearly Samsung’s greatest Galaxy yet. The new Galaxy S21 5G series builds on its impressive legacy to offer a premium flagship experience that makes everyday epic. And starting from today, Galaxy S21 5G will be available […]
The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks to desist from transacting in cryptocurrencies. In a statement on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications, clarified that that the CBN circular of February 5, 2021 did not place any new restrictions […]
Former Vice President Atiku Abubakar and ex-Minister of Education, Oby Ezekwesili, on Saturday faulted the ban placed on cryptocurrency trading in the country by the Central Bank of Nigeria. They said contrary to the expectations of the government, the measure would end up hurting Nigerians the more as they would […]
Federal Government has lifted the ban it earlier placed on Emirates Airlines. This is coming after the United Arab Emirates granted the carrier permission to withdraw the Rapid Antigen Testing done prior to the departure of Emirates flights from Nigeria, according to a letter by the Nigerian Civil Aviation Authority. […]
…says scheme is tactically making PDP to decamp to APC in the zone ….to Commission more Projects soon To ensure transparency, accountability, and all-inclusiveness, Senator Ishaku Abbo, the youngest Senator, representing the northern senatorial zone of Adamawa state, northeast Nigeria, has joined the verification committee as an observer, to ensure […]
An NGO, Grow With Data Youth Foundation (GWDYF), is training 50 youths drawn from three local government areas of Adamawa State on Blogging, Website Development, Graphic Design and other technology-based businesses. The NGO is hosting the trainees from Girei, Yola North and Yola South LGAs and impactung the techpreneur training […]
A Nigerian woman Sola Ismail has further raised the integrity of her country after she refunded N38 million to a Chinese company that made an error in a transaction. In a post via Facebook, Elder Olabisi Ekwueme stated that the company had initially refused to refund her money for products […]
Facebook-owned chat app WhatsApp on Wednesday uploaded a status on its users’ devices, a move that caught many by surprise with some users expressing concerns over their privacy. The PUNCH reports that with the move, WhatsApp became the number trend on Twitter on Wednesday. The company explained that it would […]
Federal Government Reopens Survivalfund Registration Application Portal 2021 The Federal Government of Nigeria is Planning on reopening the Survivalfund Portal, so that States who are yet to meet the required number of Applicants registration will be able to meet up. The Survival fund portal will be able to start taking […]
Nigeria Customs Service says reduction in the duties on vehicles and tractors from 35 to about 10 per cent may take off next week. Comptroller-General of Customs, Hameed Ali, who disclosed this to journalists in Abuja, said NCS management was expecting an official communication from the Federal Ministry of Finance […]
The African Development Bank (AfDB) has committed an additional 12.5 billion dollars to climate finance between 2020 to 2025 in Africa. President of the AfDB, Dr Akinwumi Adesina, said this at the first online international Climate Adaptation Summit (CAS) 2021 on Monday. The two-day summit, hosted by the Dutch government, […]
Kaduna Electric Distribution Company, on Wednesday, last week, cut off electricity supply to the home of late Second Republic President of Nigeria, Alhaji Shehu Shagari, over unpaid bills estimated to be over N6m. However, occupants of the house, including late Shagari wives and relations, were saved from darkness, as the […]
Kinsman of Kala’a, a community in Hong Local Government area is set to empower over thirty thousand people in Adamawa state. Emmanuel Nachamada Musa, a Young International business Man through his foundation, Emnamu Foundation is reaching out to the people of Song, Gombi, Hong, Mubi North, Mubi South, Michika, and […]
Former Vice President Atiku Abubakar says he has sold off his shares in Integrated Logistics Services Limited, popularly known as Intels. Atiku said on Monday that he was forced to divest his shares in the company because the Buhari administration had been “preoccupied with destroying” it since 2015. Intels, which […]
…as 220 Entrepreneurs to Benefit from N16m Cash donations Former international football star , Mr. Ekene Adams has Commissioned an Empowerment office at Chikun Local government area of Kaduna State . According to him, the empowerment programme tagged ; ” Let’s Get Empowered” is aimed at providing lifeline to small […]
As parts its empowerment programs, the federal government has disbursed five million naira to two hundred and fifty women in Taraba state. The disbursement of the federal government special grant for rural women was flagged-off Thursday by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sa’adiyya Umar […]
The Youths of Northeast under the auspices of Youth for national development appreciated President Muhammadu Buhari for the excellent wisdom in appointing Aliyu Abdulhameed Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Managing Director (MD) / Chief Executive Officer (CEO). In a Press Statement signed by the Adamawa Chapter […]
The member representing Shelleng Constituency at the Adamawa State House of Hon. Abubakar Isa (Marafan Shelleng) has reassured his people of determination in providing democracy dividends to his constituents. The lawmaker gave the assurance Friday at Government lodge Shelleng while presenting motorcycles, sewing machines, grinding machines multi million naira cash […]
The Federal Government of Nigeria, led by President Muhammadu Buhari, has reduced the pump price of premium motor spirit otherwise know as petrol from N168 per litre to N162.44 per litre effective from December 14, 2020. Chris Ngige, Minister of Labour and Employment, disclosed this to journalists at the end […]
Earlier today, Governor Muhammadu Inuwa Yahaya received on behalf of Gombe state Government, a donation of 3 fully equipped Ambulances and 50,000 reusable facemasks from BUA Foundation, a charity arm of BUA International Group. Governor Yahaya while receiving the items commended BUA Group’s humanitarian gesture and steady efforts in supporting […]
As part of its Corporate Social Responsibility (CSR), the Nigerian Ports Authority (NPA) has conducted a Vocational Skills Training and presentation of empowerment tools with inscription and logo for women and youth in Makarfi Local Government’Area of Kaduna State The event held on Sunday December 6, 2020 at Shehu Idris […]
Agency report Mumbai Police Special Squad has nabbed three Nigerian nationals and seized almost 220 grams of cocaine worth over Rs 22 lakhs ($29,833.32) (N13.9m). The suspects were said to have been arrested at Malad and Royal Palm areas of Mumbai by the special Squad of Deputy Commissioner of Police […]
The Vice Chancellor of the Federal University Wukari in Taraba state, Prof. Abubakar Kundiri said since he assumed office 5 years ago, he has send over 50 Phd holders for training in abroad and at home. Kundiri, who stated this through a telephone interview on Wednesday with our Correspondent in […]
The Federal Government has profile a data validation of eight thousand five and sixty three food vendors to prepare food for 2018 primary schools pupils in Taraba under the National Home Grown Schools Feeding Programme (NHGSFP) . The state Secretary of the programme, Alhaji Idris Goje who confirmed the data […]
Bauchi State Governor Bala Abdulkadir Mohammed as part of his empowerment drive has on Thursday distributed additional 655 units of commercial tricycles known as Keke Napep and 154 units of commercial motor vehicles, which he says was aimed at improving transport system in the state. Governor Mohamed during the distribution […]
The Christian Reformed Church Nigeria CRC-N has directed church leaders to speak out against rampant disposal of harvested farm produce and enlighten their members on the need to store their farm produce against the next raining season. They also called on them to apply wisdom on the way and manner […]
