The organised labour has knocked the Federal Government for releasing a N180bn palliative package to states to cushion the impact of the fuel subsidy removal. The Nigeria Labour Congress and the Trade Union Congress insisted that the governors could not be trusted, noting that politicians and not the poor would benefit from the N5bn largess given to each state government ... Read More »

1. What is the $3 billion loan about? The NNPC Ltd. secured an emergency $3 billion crude oil repayment loan from AFREXIM Bank. This is not a crude-for-refined products swap but an upfront cash loan against proceeds from a limited amount of future crude oil production. 2. Is this loan risky for NNPC Ltd. or the Nigerian Treasury? No. The ... Read More »

International Youth Day; President Tinubu broke the jinx Appoints A 36 Years old Nigerian Youth as Minister, Youngest Minister in the the History of 4th Republic of Nigeria President Bola Tinubu in July nominated Dr Betta Edu from Cross River State to serve as part of his cabinet as a Minister of the Federal Republic of Nigeria. Beyond signifying the ... Read More »

….CBN procurement director, six others to testify against, Godwin Emefiele The Federal Government will on Thursday arraign the suspended Central Bank of Nigeria Governor, Godwin Emefiele and his associates for N6.9 billion procurement fraud at the Federal Capital Territory High Court, Maitama, Abuja. Emefiele will be arraigned alongside a female CBN employee, Sa’adatu Yaro and her company, April1616 Investment Limited ... Read More »

Read More »

Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that it would be of immense benefits to individuals and small businesses across Africa. Ecobank Nigeria recently said its customers can now transfer money in seconds to 33 African countries where ... Read More »

The 11th Annual General Meeting (AGM) of FBN Holdings Plc (FBNHoldings), the parent company of Nigeria’s premier financial inclusion services provider, FirstBank, was held on Tuesday, 15 August 2023. The virtual AGM was presided over by Alhaji Ahmad Abdullahi, the Group Chairman with shareholders, directors, Management staff and other stakeholders in attendance. Alhaji Ahmad Abdullahi presented an overview of the ... Read More »

The Federal Ministry of Education has announced that the implementation of the Students Loans scheme is scheduled to commence during the 2023/2024 academic session. This disclosure was made by David Adejo, the Permanent Secretary of the ministry, during a meeting with the House of Representatives Committee on Students Loans. Adejo also dispelled rumours that the signing of the Students Loan ... Read More »

President Bola Tinubu has, over the years, been known for his legendary instinct to identify, nurture, and empower young talents who turn out to be leading lights in our nations history. His team in Lagos, when he was a governor, pulled from almost every region in the country, had grown to become great leaders who have immensely contributed to the ... Read More »

Niger Republic coup leader, General Abdourahmane Tchiani has agreed to dialogue with the Economic Community of West African States (ECOWAS) after his meeting with Nigerian Islamic scholars led by the national leader of Jama’atu Izalatil Bid’ah Wa Iqamatus Sunnah (JIBWIS), Sheikh Abdullahi Bala Lau in Niger Republic According to Niger Republic’s Prime Minister, Ali Mahamane Lamine Zeine, General Tchiani gave ... Read More »