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African Guarantee Fund, GuarantCo plan $74m guarantee for SMEs

African Guarantee Fund, GuarantCo plan $74m guarantee for SMEs

The African Guarantee Fund for small and medium-sized enterprises (AGF) said it has entered into a re-guarantee transaction of an amount of up to $74 million with GuarantCo, to increase its guarantee capacity for SME financing in Africa.

Dana Airline mishap: Buhari orders investigation

Dana Airline mishap: Buhari orders investigation

ABUJA—PRESIDENT Muhammadu Buhari has ordered full audit of Dana Airlines following the recent near mishap the airline suffered at the Port Harcourt International Airport, Rivers State.

GE partners NYSC on youth empowerment

GE partners NYSC on youth empowerment

General Electric (GE) has announced a partnership with the National Youth Service Corps (NYSC) to empower Youth Corps members with valuable entrepreneurial skills in line with its objective of skills development.

I joined fraudsters because I was defrauded —Mother of 5

I joined fraudsters because I was defrauded —Mother of 5

ABEOKUTA—A 45-year-old mother of five, Ashile Basirat, paraded by Ogun State Police Command for allegedly conspiring with robbers to dupe passengers in Abeokuta, said she took into the illicit act of duping people because she had once been a victim.

Egmont Group threat: Senate passes Conference report on NFIA bill

Egmont Group threat: Senate passes Conference report on NFIA bill

ABUJA—AS part of moves to ensure that Nigeria as a country is not expelled from the Egmont Group, the Senate, yesterday,  considered and passed  the conference committee report on a bill to establish the Nigerian Financial Intelligence Unit, NFIU as an independent entity from the Economic and Financial Crimes Commission, EFCC.

EFCC, other agencies have not submitted audited reports for years —Senate

EFCC, other agencies have not submitted audited reports for years —Senate

ABUJA— THE Senate has resolved to stop further  budgetary approval for government parastatals and  agencies that have not submitted their audited reports and accounts to Auditor-General of the Federation, AGF, for  the past two years, just as it has issued a deadline of May 2018 to all the erring parastatals, to submit their reports.