Court orders man to apologise to wife for not providing shelter
A Shari’a Court in Magajin Gari, Kaduna has ordered a man, Sule Babban-Saura to apologise to his wife, Maimuna Sani, for not providing shelter for her since they got married. The Judge, Malam Nuhu Falalu, also ordered Babban-Saura to give his wife feeding allowance in court . “From now, I want you to hold her […]
‘Will’ remains key prerequisite to assess death’s benefits — Ex-PenCom board member
By Victor Ahiuma-Young The issue of assessing the death benefits of a deceased employee or pensioner has continued to pose a challenge to beneficiaries, especially next-of-kin. However, a former member of the board of the National Pension Commission, PenCom, and Director, Centre For Pension Right Advocacy, CPRA, Ivor Takor, in this piece, says “Will” remains […]
DBN disburses N400bn to 150,000 MSMEs
By Emma Ujah, Abuja Bureau Chief & 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 […]
N20bn bail-out loan: Court freezes Kogi State’s account in commercial bank
A Federal High Court sitting in Lagos, yesterday, ordered the freezing of Kogi State salary bailout account number; 0073572696 domiciled in one of the new generation banks over a N20 billion loan obtained from the bank.
Igbo-ora holds world twins festival activities October 9
The Olu of Igbo-Ora, His Royal Majesty, Oba Jimoh Olajide Titiloye (Asoroolu Ayinla V) has announced dates for activities lined up to mark the 2021 edition of the famous Igbo-Ora World Twins Festival; an annual cultural tourism event celebrated to promote the multifunctional twinning cultural heritage of the Land of Twins.
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 […]
