Category: Finance

survival fund: FG extends registration for payroll support scheme

Suleiman Idris- January 26, 2021

The Steering Committee of the MSME Survival Fund and the Guaranteed Offtake Scheme Chaired by the Hon Minister of State, Federal Ministry of Industry, Trade ... Read More

Gov. Bello signs 130B 2021 budget into law, assures of maximum implementation

Abdul Jimoh- December 31, 2020

...sign 5 other bills into law Kogi State Governor, Yahaya Bello has on Wednesday signed into law the 2021 budget appropriation into law, where he ... Read More

How Alfa who Impersonated Femi Adesina, GMD NNPC, Built Houses in Ilorin – Witness

Abdul Jimoh- December 16, 2020

The trial of a self-styled herbalist, Alfa Jamiu Isiaka, who allegedly impersonated the Special Adviser to the President on Media and Publicity, Femi Adesina and ... Read More

World Bank approves $1.5bn COVID-19 recovery, stimulus for Nigeria

Abdul Jimoh- December 15, 2020

The World Bank Group has approved a 1.5 billion dollars package to help build a resilient recovery post-COVID-19 in Nigeria. This is according to a ... Read More

EFCC Prosecutes Man for N8m Oil Scam in Sokoto

Abdul Jimoh- December 7, 2020

The Sokoto Zonal Office of the Economic and Financial Crimes Commission (EFCC), on Monday, December 7, 2020, arraigned one Shafiu Suleiman before Justice Raliya Uthman ... Read More

We must discontinue dependence on crude oil for public revenue, forex – Emefiele

Abdul Jimoh- December 6, 2020

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue with heavy dependence on ... Read More

How Alleged POS Fraudster was Nabbed in Uyo – EFCC Witness

Abdul Jimoh- November 27, 2020

John Effiong Etim, a witness of the Economic and Financial Crimes Commission, EFCC, today narrated how a Point of Sale, PoS, fraud suspect, Austin Christopher ... Read More

Bank Manager Bags Five Years for N27m Theft

Abdul Jimoh- November 27, 2020

Justice Adie A. Onyebueke of the Cross River State High Court, Akamkpa, has sentenced one Augustine Effiong Bassey to five years imprisonment for stealing N27 ... Read More

EFCC Arraigns Comptroller of Prisons for Employment Scam

Abdul Jimoh- November 27, 2020

Abubakar Mohammed Sani, a serving Deputy Comptroller of Nigerian Correctional Service, NCoS, was today arraigned by the Economic and Financial Crimes Commission, EFCC, before Justice ... Read More

FG’s MSME Survival Fund excites Kano artisans

Suleiman Idris- November 16, 2020

Some artisans in Kano have lauded the Federal Government for the successful implementation of the Micro, Small and Medium Scale Enterprises (MSME) Survival Fund in ... Read More

Senate lauds Buhari over assent to Banks and Other Financial Institutions Act 2020

Abdul Jimoh- November 14, 2020

The Senate has noted with satisfaction the assent of President Muhammadu Buhari to the Banks and Other Financial Institutions Act 2020 (BOFIA) following the passage ... Read More

FG to provide N75bn in 3 years for youth empowerment – Minister

Suleiman Idris- November 10, 2020

Minister of Finance, Zainab Ahmed has said that the Federal Government has created a N75 billion entrepreneurship support fund, to enable youth in the country grow their ... Read More

COVID-19 Disruptions and Survival of MSMEs

Henry Solomon- September 26, 2020

By Chijioke Okoronkwo One of the critical areas of global economy adversely affected by the COVID-19 pandemic is the Micro Small and Medium Enterprises (MSMEs) ... Read More

NGOs sensitise Kogi CCT households on grievance redress mechanism

Abdul Jimoh- September 11, 2020

Some Non Governmental Organisations  (NGOs) have sensitised the Conditional Cash Transfer (CCT) beneficiaries in Kogi on Grievance Redress Mechanism (GRM) to ensure transparency and accountability ... Read More

Over N96bn Paid Across Operational Departments – PTAD

Henry Solomon- September 9, 2020

The Pension Transitional Arrangement Directorate (PTAD) has paid over N96 billion across all the operational departments of the Federal Government between July 2019 and August ... Read More

Power sector reform: $6.15bn grant will improve electricity supply — minister

Suleiman Idris- August 27, 2020

The Minister of Power, Mr Sale Mamman says the 6.15 billion dollars (about N2.373 trillion) recently secured by the Federal Government for the power sector ... Read More

Army partners EFCC to end attacks on oil, gas pipelines in Rivers

Abdul Jimoh- August 19, 2020

The Nigerian Army says it is collaborating with the Economic Financial and Crimes Commission (EFCC) in Port Harcourt to end attacks on oil and gas ... Read More

Coronavirus: World Bank calls for greater debt relief for poorer nations

Abdul Jimoh- August 19, 2020

World Bank President, David Malpass, said that a more ambitious debt relief plan is needed to save poorer countries from sliding into pandemic-induced “depression”. “This ... Read More

Nigerian Banks Recovered N50.32m Loans Within 9 Days – CBN Director

Henry Solomon- August 18, 2020

Mr Kevin Amugo, Director, Financial Policy and Regulation, Central Bank of Nigeria (CBN), said Nigerian banks recovered about N50.32 million bad loans from debtors within ... Read More

Economists say MPC’ decision to retain all parameters reasonable

Suleiman Idris- July 25, 2020

Some Economic analysts on Thursday in Lagos described as “reasonable” the decision by the Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), ... Read More