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Taraba rejects Fed Govt. ranching scheme

Taraba rejects Fed Govt. ranching scheme

Governor Darius Ishaku of Taraba state has rejected the ranching scheme initiated by the federal government. The governor has stated unequivocally, that Taraba will not key into any programme that would be carried out by the federal government for herdsmen. He said already, he has amicably tackled the clashes between herdsmen and farmers in the state, through the instrumentality of ... Read More »

We’ll go to court to stop Kizz Daniel’s concert, Agbakoba threatens

We’ll go to court to stop Kizz Daniel’s concert, Agbakoba threatens

Estranged record label of Kizz Daniel, G-Worldwide Entertainment (GWW), has vowed to frustrate the concert of the artiste slated for December 26 at the Eko Convention Centre, Lagos. They disclosed this in Lagos on Friday through their lawyer, Olisa Agbakoba (SAN). Addressing journalists, Agbakoba vowed they were going to pursue the case instituted against Kizz Daniel. He said the move ... Read More »

Banking sector credit to hit N28 trillion by year end- Sogunle

Banking sector credit to hit N28 trillion by year end- Sogunle

The Managing Director of Stanbic IBTC Bank Limited, Dr. Demola Sogunle, has predicted that the banking sector credit would hit N28 trillion by the end of the year, up from the N16 trillion at the end of September 2019. Sogunle anticipated that recent policies by the CBN, such as the 65 per cent minimum loan to deposit ratio, would impact ... Read More »

CBN: Banks Refund N76.7bn, $20.9m to Customers over Transaction Issues

CBN: Banks Refund N76.7bn, $20.9m to Customers over Transaction Issues

The Central Bank of Nigeria (CBN) has put banks’ refunds to customers as of November 30, at N76.75 billion and $20.90 million. This is coming as the Managing Director of Stanbic IBTC Bank Limited, Dr. Demola Sogunle, has predicted that the banking sector credit would hit N28 trillion by the end of the year, up from the N16 trillion at ... Read More »

N135billion debt: Ubah frustrating resolution process – AMCON

N135billion debt: Ubah frustrating resolution process – AMCON

The Asset Management Corporation of Nigeria, AMCON, has accused Senator Ifeanyi Ubah of frustrating its efforts to resolve his N135billion debt crisis with the corporation. In a statement by AMCON, the corporation said all necessary steps it took to resolve the matter amicably were frustrated by the debtor. Contrary to Ubah’s claim that the Federal Government and AMCON humiliated him, ... Read More »

Africa requires 1.3m jobs a month to keep pace with its workforce

Africa requires 1.3m jobs a month to keep pace with its workforce

…. Small Businesses are the answer. Now let’s finance them By Aliou Maiga Ten years ago Sia Roberts saw an opportunity in Burkina Faso. People needed better access to affordable drinking water. So he had the idea to launch his own business. He started packaging clean water in plastic bags in the country’s capital. To grow, he needed the help ... Read More »

Value chain group partners CBN, Unity Bank to empower 10,000 farmers

Value chain group partners CBN, Unity Bank to empower 10,000 farmers

The Cowpea and Beans Value Chain Association in partnership with Central Bank of Nigeria, CBN, and Unity Bank Plc have set machinery in motion to empower 10,000 farmers. The 10,000 beneficiaries will receive funding to produce cowpea and beans free of residual chemicals that are harmful for consumption. This move is one of the different strategies to change the narrative ... Read More »

Buhari presents FCT budget to Senate

Buhari presents FCT budget to Senate

President Muhammadu Buhari on Wednesday forwarded the 2020 budget of the Federal Capital Territory Administration (FCTA) to the Senate for consideration and approval. The Senate President, Ahmad Lawan read Buhari’s request letter at plenary. Buhari in his letter noted that the request was in compliance with Sections 121 and 299 of the 1999 Constitution (as amended). The letter reads in ... Read More »

Sterling Bank empowers technicians with cash prizes

Sterling Bank empowers technicians with cash prizes

Over 82 technicians from different parts of the country competed for honours in skill categories that include robotics, plumbing, carpentry, shoemaking, web and graphic design during Africa’s biggest skills festival powered by Sterling Bank at the Landmark Events Centre in Lagos from December 4 -5. At the end of the two-day competition organized by iCreate Africa Limited, 14 highly skilled ... Read More »

Senate probes un-remitted N20tr stamp duty revenue

Senate probes un-remitted N20tr stamp duty revenue

The Senate on Tuesday directed its Committee on Finance to investigate the circumstances surrounding the issue of over N20trillion un-remitted stamp duties revenue due to the Federal Government from banks and other financial institutions. It said the investigative activities of the committee would start from 2013 to 2016 and “financial accountability of stamp duty collections from 2016 when the CBN ... Read More »

Joshua: I’m dreaming of title defence in Nigeria

Joshua: I’m dreaming of title defence in Nigeria

ANTHONY Joshua has revealed his desire to defend his world heavyweight titles in Nigeria after his rematch win over Andy Ruiz Jr. on Saturday night  in the Clash of Dunes, reports Belfast Telegraph. Joshua, who is of Nigerian heritage, was congratulated on his points success in Saudi Arabia by the country’s president, Muhammadu Buhari. Joshua is expected to return to ... Read More »

Improve Business Environment to Drive Industrialisation, Elumelu Insists

Improve Business Environment to Drive Industrialisation, Elumelu Insists

The Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group (UBA), Mr. Tony Elumelu, yesterday advised African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in member states. He said this while presenting the keynote speech on the theme, “Industrialisation ... Read More »

UBA awards grants to national essay winners

UBA awards grants to national essay winners

United Bank for Africa (UBA) Plc on Monday awarded millions of Naira as education grants to winners of its annual national essay competition. A 14 year-old student of Louisville Girls High School, Ogun State, Miss Oluwatoroti Jolaosho emerged the overall winner of the 2019 edition of the UBA Foundation National Essay Competition, winning the grand prize of an educational grant ... Read More »

U.S. Democrats unveil impeachment charges against Trump

U.S. Democrats unveil impeachment charges against Trump

Democrats in the House of Representatives announced formal charges against President Donald Trump on Tuesday that accuse him of abusing power and obstructing Congress. This had made him only the fourth U.S. president in history to face impeachment. The full Democratic-controlled House is expected to vote on the charges, or articles of impeachment, next week. It is almost certain to ... Read More »

Mark Zuckerberg on how to be a multi-billionaire and not raise spoiled kids

Mark Zuckerberg on how to be a multi-billionaire and not raise spoiled kids

By Catherine Clifford Mark Zuckerberg has a net worth of $74 billion, according to Forbes. The Facebook CEO and his wife, Priscilla Chan, could buy their two daughters almost anything. But they don’t. Zuckerberg told CBS’ Gayle King how he and Chan raise their kids to be grounded despite the family wealth. “First of all, we don’t give them everything,” ... Read More »

Niger Gov. presents 2020 Budget of N148.2bn to Assembly

Niger Gov. presents 2020 Budget of N148.2bn to Assembly

Governor Abubakar Bello of Niger State has presented a N148.211billion package for the 2020 fiscal year to the State House of Assembly, News Agency of Nigeria, NAN, reports. The budget, which is N194.698 billion (13.2 per cent) lower than the 2019 budget, has been christened “Budget of Inclusion for Sustainable Development.” A breakdown of the budget showed that N78.243 billion ... Read More »

BREAKING: President Buhari Appoints New Chairman for AMCON; Board Members for FIRS

BREAKING: President Buhari Appoints New Chairman for AMCON; Board Members for FIRS

President Muhammadu Buhari has appointed a new chairman for the Asset Management Corporation of Nigeria, AMCON. He is Edward Lametek Adamu. In a letter sent to the Senate today asking for confirmation of the nominee, the president also named new board members for the Federal Inland Revenue Service, FIRS. Yesterday, President Buhari appointed a tax consultant, Mr Nami, as the ... Read More »

EFCC Saved Me From Inheriting Empty Treasury  -‎ Kwara Governor

EFCC Saved Me From Inheriting Empty Treasury -‎ Kwara Governor

By Joe Adedeji, Ilorin But for the Economic and Financial Crimes Commission (EFCC) that froze the accounts of government on the eve of his inauguration, he would have inherited an empty treasury, Kwara State Governor, AbdulRahman AbdulRazaq has said. The governor was speaking at the International Anti Corruption Day Rally Organized by the EFCC Ilorin Zonal Office in the State ... Read More »

FG moves to secure $500M AFDB fund for technology innovation

FG moves to secure $500M AFDB fund for technology innovation

Trade and Industry Minister, Richard Adebayo has said the federal government is optimistic of securing a $500 million AFDB fund for technology innovation in the country. Adebayo who disclosed this at the 11th meeting of the National Council on Industry in Uyo said the FG would also work towards the realization of one agro-processing zone in each senatorial district to ... Read More »

Maersk MD battle for life as armed men kill wife in Lagos

Maersk MD battle for life as armed men kill wife in Lagos

Armed men suspected to be robbers on Sunday night killed the wife of Managing Director Maerskline Gildas Tohouo and critically injured the man at their Luggard Drive, Ikoyi residence. The couple resides at the Cul De Sac Compound, the same as former Head of State Ernest Shonekan which is off Oba Adeyinka Oyekan. It was gathered that the incident occurred ... Read More »