The timely intervention of the police in Enugu prevented the lynching of Mr Kingsley Ubenyi, the Managing Director of Kesley Mega Micro-Finance Bank, by the bank’s aggrieved customers on Friday. The spokesman of the Police Command in Enugu, Mr Ebere…
N1.6 billion has been set aside by The Federal Government from the Government Enterprise Empowerment Fund (GEEP) to empower women and young girls monthly in eight states across the country. Hajiya Aisha Alhassan, Minister of Women Affairs, disclosed this during…
President Muhammadu Buhari may present a N7.3 trillion 2017 budget proposal to the National Assembly on December 8, it was learnt yesterday. The Federal Executive Council (FEC) approved plans presented by Minister of Budget and Planning Udoma Udo-Udoma on Wednesday.…
The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in…
The naira depreciated to N480 to the dollar on the foreign exchange (FX) parallel market wednesday, from the N475 to the dollar it was the previous day. The renewed slide of the nation’s currency on the unofficial arm of the…
The Central Bank of Nigeria (CBN) has published list of firms that were able to access forex totaling 867,834,186.26, from the interbank market in October. The return on FX Utilisation published on the CBN website yesterday showed that it met…
Thousands of stakeholders from the private and public sectors of the Transport and Logistics sector of the economy, ranging from road, rail, sea, air to inland waterways, will converge at the Multimodal West Africa Exhibition and Conference holding from Tuesday,…
The Trade Union Congress of Nigeria (TUC), said Tuesday that the proposed increase in data rate by the telecoms operators in the country was a conspiracy against the collective interest of the common man in the country. In a statement…
Oil prices dipped Tuesday as expectations dimmed of an OPEC agreement to reduce the cartel’s gushing of crude into the massively saturated global market by around a million barrels per day. Prices were also hit as non-OPEC Russia confirmed it…
The country may be plunged into another round of excruciating fuel scarcity in the next couple of weeks, as oil marketers disclosed that they are running out of patience over the Federal Government’s refusal to pay its $1.7 billion debt…
