The House of Representatives have asked the Central Bank of Nigeria (CBN) to immediately suspend the recapitalisation of Microfinance Banks (MfBs). This followed the adoption of a motion by Rep. Saidu Abdullahi ( APC-Niger) on the floor of the House…
The Federal Executive Council (FEC) has approved an augmentation of N665 million for the procurement of poultry equipment for displaced poultry farmers in Borno, Yobe, Plateau and Zamfara. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya…
The Lagos Chamber of Commerce and Industry (LCCI) has advised government to do more in addressing the nation’s security problems. This, it said, was necessary to re-project the Nigerian economy as a safe investment destination and encourage foreign direct investments.…
The Nigeria Sovereign Investment Authority (NSIA) has begun restructuring the Presidential Fertiliser Initiative (PFI), a statement issued on Wednesday in Abuja, by the NSIA’s Communications Officer, Mr Titilope Olubiyi, has said. The statement said that this was to make the…
First City Monument Bank (www.fcmb.com), in partnership with Tulsi Chanrai Foundation (TCF) of India, has so far carried out free eye surgeries, correctional testing services and provided glasses to over 300,000 Nigerians under the Bank’s Corporate Social Responsibility (CSR) programme,…
The federal government has set up an inaugural steering committee meeting of the 40 deliverables’ mandate of the Federal Ministry of Finance, Budget and National Planning. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed in her address at…
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced that it plans to provide $20 million to Nigerian off-grid power service provider, Daybreak Power Solutions, a subsidiary of Daystar Power Group. The $20…
By Uthman Salami The President, Chartered Institute of Taxation of Nigeria (CITN), Mrs. Dame Olajumoke Simplice has urged government at all levels to be stiffer in punishing tax evaders in the country. Speaking at the institute’s 44th induction ceremony held…
Analysts on Monday called on the Federal Government to reduce the high cost of governance, to enable it pay up its growing debts when interest rates were due. They made the call in in Lagos, on the backdrop of Nigeria’s…
The presidency says 319,755 Nigerians have benefitted from the Economic Sustainability Plan’s Survival Fund Payroll Support (ESP). Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande disclosed this in a statement in…
