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Oshiomhole plots to obliterate Esan land—Anenih

Former chairman of the PDP Board of Trustees, BoT, Chief Tony Anenih, has accused Governor Oshiomhole of plotting to obliterate the Esan Nation saying the outgoing governor has consistently marginalized the region and its people.

EFInA releases $2m grant to support FCMB financial inclusion drive

Enhancing Financial Innovation & Access (EFInA) has released $2 million (564,000,000) Innovation Grant to support First City Monument Bank (FCMB) Limited with its “Group Lending and Agency Banking” project,which provides financial services and access to credit facilities for the financially excluded population. Meanwhile, FCMB group lending project is a digitized credit and savings solution, facilitating instant account opening with debit card issuance for online real time transactions, driven by Point of Sale (POS) and mobile devices, while EFInA innovation grant will enable FCMB extend facilities to prospective customers in twelve states:Bauchi, Kaduna,Sokoto, Niger, Kwara, Lagos, Oyo, Ogun, AkwaIbom, Rivers, Cross River and Abia States.

Why micro finance banks are not forex traders

Microfinance Bank (MfB) are not Foreign Exchange traders owing to the fact that they are not a dealing bank, except for clients who are importers, said operators This is coming on the heels of the introduction of a new foreign exchange policy by the Central Bank of Nigeria (CBN) that allow market forces to determine the Naira exchange rate in a new single structured foreign exchange market.

We owe FG constant engagement to articulate policy issues- CIS President

We in the capital market have always had cordial relationship with the Federal Government. We owe the Federal Government constant engagement in order to articulate policy issues that would move the market forward. The regulators and we the operators are the technical people . But we need the endorsement of the government and its patronage at every stage for the market to move forward. Several meetings, including public hearings had been held to x-ray the capital market and re-position it for global competitiveness. Many committees had been constituted as ad hoc or standing one. These committees usually have government representatives. Engagement with the government is a continuous exercise.

FG threatens stakeholders over building collapses

ABUJA—The Federal Government has warned stakeholders in the building industry to ensure that no building collapses anywhere in the country henceforth, vowing to deal with culprits, if any building collapses in the country.

NNPC costs Nigeria $518m in oil deals — NEITI

The Federal Government lost approximately $518 million to oil swap and Offshore Processing Agreements, OPAs, in 2013 due to inefficiencies of the Nigerian National Petroleum Corporation, NNPC, and its subsidiaries.

$219,000 cash withdrawal: EFCC questions DG, 24 others

ABUJA—The Economic and Financial Crimes Commission, EFCC, has questioned the Director General and 24 other officials of a Federal Government parastatal under the Foreign Affairs Ministry over the questionable withdrawal of $219,000 (about N66 million) from the account of the Nigerian Technical Cooperation Fund, NTCF.

Le Guen set to be named Super Eagles coach

A top official in the technical department of the Nigeria Football Federation has disclosed that the football house are set to appoint Paul Le Guen as the coach of the Super Eagles.

Marginalisation: Esan monarchs back Ize-Iyamu

Traditional rulers from Esan land in Edo Central have adopted the PDP candidate, Pastor Osagie Ize-Iyamu on the basis of what they alleged as the sustained marginalisation of the people of the area by the outgoing APC administration of Comrade Adams Oshiomhole.

Gains of Ugwuanyi’s LG reforms

THE recent submission of the report of the 11-man Committee on Local Government Staff Audit and Biometrics Data Capturing in Enugu State was not only revealing but also a welcome development.

What I did with Dasuki’s money – Okupe

FORMER Senior Special Assistant to the ex- president Goodluck Jonathan on public affairs, Dr. Doyin Okupe, Sunday explained why was paid various sums of money from the office of the National Security Adviser (NSA)

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