Imo govt to refurbish water scheme with N49m
Imo State government, weekend, said it had approved N49,845,000 to resuscitate Otamiri Water Scheme in Owerri, the state capital.
USAID commits $65M to boost water supply In Taraba, 5 other states
United States Agency for International Development, USAID, has earmarked $65 million as technical support fund to increase access to potable water for 500,000 households in Imo, Sokoto, Taraba, Abia, Niger and Delta states.
Cadbury Nigeria shareholders approve N471m dividend
SHAREHOLDERS of Cadbury Nigeria Plc have approved N471million dividend earlier recommended by the Board of Directors for the year ended December 31, 2018.
Forex: I&E window records $29.6bn turnover in H1’19
THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market dropped marginally to $29.62 billion in the first half of 2019 (H1’19).
NSE to engage CBN on banking sector recapitalisation — Onyema
THE Nigerian Stock Exchange, NSE, has said that it will dialogue with the Central Bank of Nigeria, CBN, in implementation of a fresh banks’ recapitalisation as capital base weakens.
CAN to drag Buhari to UN over RUGA policy
THE Presidency last night confirmed that the Federal Government has gazetted lands in all the 36 states of the federation for the Ruga settlement but that the programme was optional for states to participate.
We’re looking at more lending to SMEs, real sector — CEO, Standard Chartered Bank
The newly appointed Chief Executive Officer of Standard Chartered Bank Nigeria, Mr Lamin Manjang, in this interview explained the mission of his bank and his tenor in Nigeria while speaking on sundry banking industry issues such as sustainability banking, mobile money, recapitalization.
Total laments proliferation of taxes, declares N5.7bn dividend
TOTAL Nigeria Plc has berated the government over multiple taxes imposed on corporate entities by both the federal and local governments in the country, even as it declared N5.7 billion dividend for the financial year ended December 31, 2018.
TUC elects Olaleye new president
The Trade Union Congress of Nigeria, TUC, weekend elected Quadri Olaleye, of Food Beverage and Tobacco Senior Staff Association, FOBTOB, as its new President taking over from Bobboi Kaigama, of Association of Senior Civil Servants of Nigeria, ASCSN.
Finally, Buhari sacks Prof. Yusuf as NHIS Executive Secretary
President Muhammadu Buhari has approved the termination of appointment of the Current Executive Secretary, Prof. Usman Yusuf who has been on administrative leave and has approved the appointment of Prof. Mohammed Nasir Sambo as the new Executive Secretary.
Allocations : Discordant tunes as local councils await direct allocation
FOUR weeks after the Nigerian Financial Intelligent Unit, NFIU, guidelines on the management of local governments’ funds came into effect, the measures are yet to be fully implemented in most local councils of the country.
