The Federal Government through its National Social Investment Management System has shortlisted 550,000 applicants for the final selection for Batch C of the N-Power programme.

The Federal Government through its National Social Investment Management System has shortlisted 550,000 applicants for the final selection for Batch C of the N-Power programme.

The Federal Government through its National Social Investment Management System has shortlisted 550,000 applicants for the final selection for Batch C of the N-Power programme. It also said that the Central Bank of Nigeria would support Batches A and B beneficiaries who had completed the N-Power programme with soft loans. The Minister of Humanitarian Affairs, Disaster Management and Social Development Sadiya Farouq, said this at a press briefing on Tuesday. […]

June 9, 2021 24

ENTERTAINMNET

Popular Nigerian songstresses, Tiwa Savage and Seyi Shay are currently at loggerheads over some allegations of name-calling and mudslinging.

Popular Nigerian songstresses, Tiwa Savage and Seyi Shay are currently at loggerheads over some allegations of name-calling and mudslinging. A video of Tiwa Savage and Seyi Shay in a shouting match in a salon recently surfaced online. In the first video, Seyi Shay walked up to Tiwa to say hi and Tiwa wasn’t having it. The mother of one said she won’t accept any form of cordial greetings from Seyi […]

June 9, 2021 34

BUSINESS

The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world.

The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said during the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa increased. The bank disclosed this on Monday in a report, titled Universal access to sustainable energy will remain elusive without addressing inequalities’. […]

June 8, 2021 12

NEWS

The House of Representatives is considering barring staff members of banks and other financial institutions from operating accounts outside the shores of Nigeria.

The House of Representatives is considering barring staff members of banks and other financial institutions from operating accounts outside the shores of Nigeria. Their spouses and children may also be mandated to declare their assets when a bill presently at the House becomes law. This was contained in the ‘Bank Employees, Etc., (Declaration of Assets)(Amendment) Bill 2021’, which is awaiting second reading. The legislation was titled ‘A Bill for an […]

June 7, 2021 42

NEWS

The Central Bank of Nigeria has announced an increase in foreign exchange allocations to banks to meet the requests of customers.

The Central Bank of Nigeria has announced an increase in foreign exchange allocations to banks to meet the requests of customers. These requests include travellers seeking foreign exchange for travel allowances, payment of tuition and medical fees, among others. The CBN Governor, Godwin Emefiele, disclosed this at a meeting with the Managing Directors of Deposit Money Banks over the weekend. Emefiele cautioned the banks to desist from denying customers, particularly […]

June 7, 2021 20

NEWS

The National Broadcasting Commission has directed all broadcast stations in the country to suspend the patronage of Twitter.

The National Broadcasting Commission has directed all broadcast stations in the country to suspend the patronage of Twitter. The NBC said the decision followed the suspension of Twitter operations in Nigeria by the Federal Government over the persistent use of the platform for activities that are capable of undermining the corporate existence of Nigeria. The Commission directed the broadcast stations to “de-install Twitter handles and desist from using Twitter as […]

June 7, 2021 16

NEWS

President Muhammadu Buhari has commiserated with the family and members of The Synagogue, Church of All Nations on the passing of their father and founder, Pastor Temitope Balogun, popularly known as TB Joshua.

President Muhammadu Buhari has commiserated with the family and members of The Synagogue, Church of All Nations on the passing of their father and founder, Pastor Temitope Balogun, popularly known as TB Joshua. In a statement signed by the Special Adviser on Media and Publicity to the President, Femi Adesina on Sunday, President Buhari noted that the renowned televangelist will be missed by his followers all over the world not […]

June 7, 2021 56

BUSINESS

The Nigerian stock market reversed some of its recent losses last week as the market capitalisation rose above the N20tn mark.

The Nigerian stock market reversed some of its recent losses last week as the market capitalisation rose above the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalization appreciated by 1.23 per cent to close the week at 38,726.10 and N20.19tn respectively. All other indices finished higher with the exception of NSE Consumer Goods, NSE Oil/Gas and NSE Sovereign Bond which depreciated by 0.37 per cent, 0.79 per […]

June 7, 2021 17

NEWS

Some banks have notified their customers that they will start charging them N6.98 for every USSD transaction.

Some banks have notified their customers that they will start charging them N6.98 for every USSD transaction. However, experts have said that excessive charges by banks could pose a threat to financial inclusion. According to them, it will increase cash transactions because many bank customers would avoid using the USSD for transactions and could also discourage the unbanked segment of the population because they would not like to pay such […]

June 7, 2021 18

Call us +234 (0) 9073530044

wp_12686485