Wage bill, other spending exceed subsidy savings — Oyedele
…Govt saved N15.8trn from subsidy removal, naira floatation …FG got only N5.43trn, borrowed N11.85trn …No large pool of cash available to FG By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has clarified that the N15.8 trillion saved from fuel subsidy removal and the flotation of the naira between June 2023 and December […]
Unity Bank in N3.4bn tangle with ex-MD, Falalu Bello
Unity Bank Plc is in a N3.4 billion ($21.067 million) foreign exchange tangle with its former Managing Director, Alhaji Falalu Bello, now Executive Chairman at MBS Merchants Limited.
Rebuild our town, ravaged community begs Akpabio
AS the governor of Akwa Ibom State, Chief Godswill Akpabio, holds a town hall meeting with Ikot Abasi federal constituency, Wednesday, the Village Head of Ikot Akpan Udo in Ukpum Ete clan, Eteidung Oscar Abel, yesterday, urged the governor to rebuild the community that was devastated by the Amazaba militants of Eastern Obolo Local Government Area in August 2008.
Financial access, asset ownership disparities threaten women entrepreneurs — Oteh
The Director General of the Securities and Exchange Commission, SEC Aruma Oteh has identified disparities in financial access, asset/land ownership, income, access to education and poor representation in decision making positions as the greatest threat to women entrepreneurs.
SMEs: Poor strategies hinder access to bank loans
The Managing Director of Heritage Bank Plc, Mr. Ifie Sekibo, has said that inability to employ strategies that will make their businesses attractive to banks rather than finance is the major problem of small and medium enterprises in the country.
Awareness, usage of mobile money still low in Nigeria — EFInA
Enhancing Financial Innovation & Access (EFInA) has said that awareness and usage of mobile money in Nigeria is still very low.
