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Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks.
As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.
The University of Jos says it has given approval to its printing press to access N250 million loan from the Bank of Industry (BOI) to boost its production.
The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention (NCI) Fund from 200 million dollars to 350 million dollars.
The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.
The Federal Capital Territory Administration (FCTA) has said it will soon begin door-to-door delivery of palliative materials to 600,000 households in the six area councils of the territory.
The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realised N19.4 billion to help fight COVID-19 pandemic.
Retired Doctors, Nurses and Laboratory Scientists across the country have volunteered their services to the cause of fighting the novel coronavirus (Covid-19) pandemic spreading across States in Nigeria.
As part of efforts to ameliorate the socio-economic hardship being faced by Nigerians in the fight against the deadly coronavirus, the federal government has been urged to extend her palliative to include suspension of payment of electricity and water bills for the ordinary Nigerians for two months.
From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared a world-wide emergency, the Federal Government started planning preventive, containment and curative measures in the event the disease hits Nigeria.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group.
The United Nation Children Fund (UNICEF) on Tuesday said 1,115 children have died from acute malnutrition in Borno between January and December 2019.
The House of Representatives says it will “name and shame” Ministries, Departments and Agencies (MDAs) that refuse to appear before it with their audited reports.
Ogun State Governor, Prince Dapo Abiodun, has revealed that beneficiaries of the state’s agricultural initiatives, especially in poultry business are already reaping bountiful harvests.
Minister of Labour and Employment, Dr Chris Ngige, has disclosed that the N-Power programme has not been jettisoned by the Federal Government as being speculated.
The First Lady of Ekiti State, Mrs Bisi Fayemi, has urged the Federal Government to ban imported ‘Aso-Oke’ fabric and revive the nation’s textile industry to boost sustainable economic growth.
The Edo State House of Assembly on Wednesday passed the state 2020 Appropriation Bill of N179.2 billion.
Defender Austin Opara has parted ways with Enyimba International of Aba, despite joining the club twelve months ago.
Kim Jong Un said his relationship with Donald Trump was like a “fantasy film”, according to the publishers of a new book on the US president set to unveil 25 private letters exchanged between the two leaders.
Leipzig boss Julian Nagelsmann believes the new format of the Champions League will level the playing field in their quarter-final with experienced European competitors Atletico Madrid.
Mesut Ozil says he was left disappointed by Arsenal distancing themselves from his comments over the alleged persecution of Uighur Muslims in China.
Nigerian player Tolu Arokodare bagged Valmiera FC in their 2 – 3 victory over FK Spartaks in a Latvian Virsliga clash on Wednesday.
Thousands of members of the Zenith Labour Party in Ondo State have defected to the ruling All Progressives Congress.
At least 81 people have been killed in the South Sudan region of Warrap State following heavy fighting between armed civilians and government forces carrying out a disarmament exercise, the military’s spokesman said on Tuesday.
The Vice-Chancellor of the University of Lagos, Oluwatoyin Ogundipe, has rejected the news of his removal as the university’s head by its governing council.
Nollywood star actor, Ninalowo Bolanle, says for an individual to actualise any dream in life, the person should be determined to go for what he or she wants, no matter the cost or challenges.
The National Chairman of the Pan Ndi-Igbo Foundation, a US-based political group, Dr Acho Orabuchi says losers in political elections in Nigeria are still learning how to magnanimously accept the loss.