The Central Bank of Nigeria (CBN) says it is targeting 25,000 women and youth in Jigawa state who have no bank account to do so, in an ongoing five-day Digital Financial Inclusion drive. Mr Audu Amadu, the Head of Development Finance, Jigawa branch office, said this while fielding questions...
CBN
The Kogi State Government has given a 48-hour ultimatum to the Economic and Financial Crimes Commission (EFCC) to apologise and retract a malicious statement that it kept N20 billion bailout fund meant to pay salaries in a commercial bank meant to yield interest. In a briefing on Sunday in...
Kogi State’s Commissioner for Information and Communication, Mr Kingsley Fanwo, has said that the state government has facts to disprove the allegations the Economic and Financial Crimes Commission (EFCC) had leveled against it. The commissioner disclosed this in a statement made available to journalists, stating that the Kogi Government...
Senate President Ahmad Lawan has disclosed that the National Assembly will pass the 2022 Appropriation Bill before Christmas. Lawan made the disclosure on Friday night, while receiving the New Telegraph’s Lifetime Achievement Award in Politics, alongside other Nigerians who had distinguished themselves in public service and the private sector....
The Economic and Financial Crimes Commission (EFCC) has confirmed the return of N19. 33 billion Kogi state salary bailout funds, recovered by the commission, to the Central Bank of Nigeria (CBN). Spokesperson for EFCC, Mr Wilson Uwujaren, disclosed this in a statement in Abuja, on Friday. The News Agency...
The Kogi Government says it will again, be vindicated in the EFCC alleged return of bailout fund for workers’ salaries to the Central Bank of Nigeria (CBN) The News Agency of Nigeria (NAN) reports that the Economic and Financial Crimes Commission (EFCC) on Friday, said it returned the N19....
The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility to the 36 States. Hajiya Zainab Ahmed, Minister of Finance, Budget and National Planning, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo, which...
By OLA MUDOPE, Lagos – Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) has said its educational model is a tool for securing employment, addressing poverty and increasing the standard of living of Nigerians. The Chairman, Board, SMEDAN, Otunba Femi Pedro, stated this during the SMEDAN Tertiary Institutions...
The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation investigation into the money lending industry. A document signed by Mr Babatunde Irukera, the Chief Executive Officer of FCCPC for the Joint Regulatory and...
The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in principle to operate as a super agent. This is contained in a notice signed by the Group Company Secretary, Airtel Africa, Simon O’Hara, and posted on the Nigerian Exchange...
Not less than 160 golfers in several categories will participate in the 14th Edition of the Central Bank of Nigeria (CBN) sponsored Governor’s Golf Tournament, which will take place on Saturday in Abuja. According to a statement released on Thursday by CBN Director of Corporate Communications, Mr Osita Nwanisobi...
Prof Obadan was my best economics teacher at the University of Benin (Uniben). Soft spoken but highly articulate and intelligent, he was the real deal and made plenty sense always in and out of the classroom and I looked forward to his lectures. Unsurprisingly I scored good grades in...
Introduction After the launch of Nigeria’s new digital currency tagged the eNaira on Monday, 25th October 2021 by President Muhammadu Buhari, I jumped onto the eNaira wagon and here is what I found in the early days. 1. The eNaira Speed Wallet missing in playstore – On Thursday, 28th...