Why ICT will remain Nigeria’s top GDP earner
By Prince Osuagwu, Hi-Tech Editor At the weekend, the National Bureau of Statistics, NBC announced that Nigeria’s Gross Domestic Product, GDP grew by 5.01 percent, year-on-years, in real terms in the second quarter of 2021. That makes three consecutive quarters of growth after the negative growth rates recorded in the second and third quarters of 2020. Although […]
Banks hint of criminal prosecution of customers over forex offences
*As CBN directs banks to publish BVN of defaulters By Emma Ujah, Abuja Bureau Chief At the backdrop of a directive from the Central Bank of Nigeria (CBN) to publish names of customers who circumvent the new foreign exchange (forex) guideline, commercial banks have rolled out a penalty regime against contraventions of the guideline. READ […]
Capitalsage raises N2.2bn debt financing to drive expansion plan
By Nkiruka Nnorom CapitalSage Technology Limited, an integrated fintech group, has successfully raised N2.2 billion in a Series 1 Private Company Notes (PCN) issuance, under its N10 billion programme. The capital raise was to accelerate the company’s growth across different markets in Nigeria and Africa. United Capital Plc, a financial services group, acted as sole […]
Edo, BOI launch N2bn fund for 50,000 MSMEs
By Cynthia Alo The Edo State Government and the Bank of Industry (BOI) have unveiled a Micro Small and Medium Enterprise (MSME) development fund worth N2 billion to support entrepreneurs in the state. The fund was launched during a citizens’ engagement session organized by the Edo State Skills Development Agency, also known as EdoJobs, at […]
Open grazing ban: Miyetti-Allah seeks time extension in Enugu
The Miyetti-Allah Cattle Breeders Association of Nigeria, MACBAN, has asked the Enugu State House of Assembly to give its members an extension of one month to enable them articulate a position for an impute into the bill for law to prohibit open grazing , regulate cattle ranching and for connected purposes.
DBN disburses N400bn to 150,000 MSMEs
By Emma Ujah & Joy Ajayi The Development Bank of Nigeria (DBN) Plc has disbursed the sum of N400 billion to over 150,000 Micro, Small and Medium Enterprises (MSMEs) since its inception in 2017. Managing Director of the bank, Mr Tony Okpanachi, disclosed this during the second annual lecture series of the bank in Abuja […]
Banks hint of criminal prosecution of customers over forex offences
By Emma Ujah At the backdrop of a directive from the Central Bank of Nigeria (CBN) to publish names of customers who circumvent the new foreign exchange (forex) guideline, commercial banks have rolled out a penalty regime against contraventions of the guideline. The CBN directive to the banks was specific on offences bordering on customers […]
Sterling Bank joins Tech4Dev to train five million Women in technology
Sterling Bank has signed a Memorandum of Understanding with a non-profit organization, Technology for Social Change and Development Initiative, Tech4Dev, to provide employment for women who are operating in technology sector.
STATE OF THE NATION: Nigerians should defend themselves against bandits —Afenifere
THE pan-Yoruba socio-political organization, Afenifere, yesterday, urged Nigerians to defend themselves against bandits, warning that Nigeria is fast moving into the precipice.
FG hints at taking action against COVID-19 vaccine hesitancy
The Presidential Steering Committee, PSC, has said Nigerians, who refuse to take the COVID-19 vaccine won’t be allowed to put others at risk.
Boko Haram sponsors: DIA quizzes, releases Olawunmi over Channels TV interview
THE Defence Intelligence Agency, DIA, yesterday grilled Commodore Kunle Olawunmi (retd), over statement credited to him that Boko Haram terrorists were being sponsored by governors, senators and some officials in the Presidency.
Aregbesola won’t go against people’s wish if they support me — Oyetola
•I’m not desperate for second term •How we kept Osun afloat despite N170b debt By Dapo Akinrefon GOVERNOR Gboyega Oyetola of Osun State, in an interview with Rave 91.7 FM, Osogbo, as part of activities to mark the 30th anniversary of the creation of the state, speaks on his relationship with his predecessor, Ogbeni Rauf […]
Ijaw should kick-start fresh governorship rotation —Sheriff Mulade, guber aspirant
CHIEF (Comrade) Sheriff Blessing Mulade, Chief Executive Officer of the Centre for Peace and Environmental Justice, CEPEJ, (Africa 4 Peace Centre), a non-governmental organization, is a sustainable peace, environmental rights advocate in Nigeria.
Makinde assures NULGE of support for grassroots development
Gov Seyi Makinde of Oyo state has reassured the newly elected local government chairmen of his continuous support in ensuring rapid socio-economic development at the grassroots
Local content: NCDMB to present R&D 10-Year Road Map
THE executive secretary, Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote, Tuesday, said the Board, has concluded plans to present a Research & Development (R&D) Strategic 10-Year Road Map and open Technology Innovation & Incubation Center in Yenagoa, Bayelsa state.
Apapa gridlock: Lagos govt, NPA vow strict enforcement
Lagos State Government, through Lagos State Traffic Management Committee, has restated its commitment to enforce laws against indiscriminate parking of trucks along Oshodi-Apapa expressway in order to ensure seamless traffic flow in the axis.
