NewsDirect

NewsDirect

MfBs don’t trade in FX  —NAMB President

By Matthew Denis, Abuja The President of National Association of Microfinance Banks (NAMB), Alhaji Yusuf Ahmed Gyallesu has debunked the allegations that some of their members are engaging in the foreign exchange (FX) operations for clients. Nigerian NewsDirect gathered from a…

FG, states, LGs share N760.7bn for July

The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July. This is contained in a statement by, The Deputy Director (Information), Ministry of Finance, Budget and National Planning, Mr Oshundun Olajide in…

NDLEA arrests man with 69.65kg illicit drugs

The National Drug Law Enforcement Agency (NDLEA) has arrested a major drug dealer wanted for attempting to export 69.65 kilograms of cocaine, heroin and cannabis to the United Kingdom. Its Director, Media and Advocacy, Mr Femi Babafemi, said this in…