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The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, made the disclosure in an interview with newsmen on Sunday in Abuja.

Nigerian government to disburse N200 million to 100 artisanal miners

The Ministry of Mines and Steel Development is considering disbursing N200 million to 100 artisanal miners to boost mining activities in Nigeria.
This was made known by the Director-General, NADDC, Jelani Aliyu, Abuja at the unveiling of Hyundai Kona Electric Car, Nigeria’s first locally assembled electric car in Abuja.

NADDC: Nigerian government attracted over $1 billion investment in automobile industry in 2019

This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.

Auditor-General indicts MDAs for improper spending of N105.66 billion

The office of the Auditor-General for the Federation (AuGF) has expressed concerns over irregularities and weaknesses in financial regulations across ministries, departments and agencies (MDAs) of government, especially in the disbursement and utilisation of public funds.
Bank of Industry (BoI)

BoI: 311,000 employees got Nigerian government’s payroll support initiative

The Bank of Industry (BoI), yesterday said about 311,000 employees of small companies have been supported under the payroll support initiative of the MSME Survival Fund Scheme.
The Oluwo of Iwo land, Oba Abdulrasheed Akanbi, has called for death penalty for kidnappers in the state to help put an end to kidnapping.

Osun monarch urges Nigerian government to ban jean, promote local fabric

Oba Abdulrasheed Adewale Akanbi, the Oluwo of Iwo land, has urged the Federal Government to place a ban on foreign jeans and promote local fabrics to boost the economy.
Bank of Industry (BoI)

Bank of Industry: We are not recruiting

The Bank of Industry (BoI) has reacted to advertisements and letters on a purported recruitment exercise by the bank.

Freight forwarders seek special loan scheme for expansion

Nwabunike said the association was looking forward to interfacing stronger with the Federal Ministry of Finance, the Central Bank of Nigeria (CBN) and the Bank of Industry (BoI) on the need for a special loan scheme to help logistics firms in expanding and maintaining fleet of heavy duty and lighter vehicles required beyond coverage of train services.
African Export-Import Bank (Afreximbank)

Afreximbank approves $1bn syndicated loan for Bank of Industry

African Export-Import Bank (Afreximbank) has announced a US$1 billion facility for the Bank of Industry, Nigeria’s state-owned development bank.

Unity Bank, BoI, others challenge taxes imposed by tribunal

Some tax payers within the North-west Zone, comprising the states of Kaduna, Kebbi, Kano, Katsina, Jigawa, Sokoto and Kano have availed themselves of the service of the Tax Appeal Tribunal (TAT) North-west Zone, sitting in Kaduna to successfully challenge arbitrary tax assessments imposed on them by the various revenue services and boards within the zone.

Afe Babalola: New constitution the panacea to growing insecurity

Against the backdrop of the growing insecurity across the country, the founder of Afe Babalola University Ado-Ekiti (ABUAD), Aare Afe Babalola has told President Muhammadu Buhari that the nation would only overcome the challenge and others with a new constitution that will capture the agitation of many Nigerians.
Governor Samuel Ortom has denied reports that he requested a return of confiscated weapons.

Benue governor flags off N500 million agric loan for workers

Benue State Governor Samuel Ortom on Wednesday, stated that Benue must live up to its reputation as the food basket of the nation.
Mr Kayode Pitan, Chairman, Bank of Industry (BoI) spoke at the inauguration of the transport sector track of the Micro, Small and Medium Enterprises (MSME) Survival Fund in Lagos.

Nigerian activates MSME Survival Fund transport track in Lagos

The Federal Government on Monday emphasised its commitment to mitigating the impact of COVID-19 pandemic on the lives of ordinary citizens through its various intervention initiatives.

BOI to promote enterprise in Ekiti with N1 billion loan

The Bank of Industry has expressed the bank’s readiness to provide credit facilities to the tune of one billion naira to empower entrepreneurs in Ekiti State.

#EndSARS: Lagos Chamber reschedules international trade fair

Dr Muda Yusuf, Director-General of LCCI, said that the fair which was scheduled to hold from Nov.5 to Nov. 15, 2020 has been rescheduled for between Dec. 4 to Dec. 13, 2020 at the Tafawa Balewa Square, Lagos; both physically and virtually simultaneously.
Vice President Yemi Osinbajo on Thursday presided over a virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja.

VP Osinbajo: Why we’re supporting small businesses with survival fund

Vice President Yemi Osinbajo has explained that the Federal Government is investing in the small businesses sector to sustain the national economy.

Transcorp to disengage 40 percent of workforce

At least 40 per cent of the staff of Transcorp Hilton Hotels will have to be disengaged if it is to survive the impact of the coronavirus pandemic on the global hospitality and tourism industry, its managing director/chief executive, Dupe Olusola, announced on Thursday.
One of the pristine rallying points for all Yoruba in Nigeria and the diaspora, Olojo cultural festival, will this year come with unique features and upscale celebration, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II in Ife, has said.

Ooni calls for legislation, policy, funding to promote African traditional medicine

The Ooni of Ife, Oba Adeyeye-Ogunwusi Enitan, has called on the Federal, state governments and law makers to provide legislation, policy and funding to promote African Traditional Medicine (ATM).
African Export-Import Bank (Afreximbank)

Afreximbank clinches African Banker’s Debt Deal of the Year award

The African Export-Import Bank (Afreximbank) has been announced the winner of the Debt Deal of the Year Award at the 14th Annual African Banker Awards 2020.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Banks implement new CBN guidelines on debt recovery

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.

GSI: Banks notify customers of move to seize debtors’ funds

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.
Concerned Citizens of the University of Jos

UNIJOS approves N250 million loan for its printing press to boost production

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.

Nigerian content intervention fund increased to $350 million

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.

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FILE PHOTO - A worker looks on as the second delivery of the Johnson & Johnson coronavirus disease (COVID-19) vaccine is offloaded at the O.R Tambo International Airport in Johannesburg, South Africa, February 27, 2021. Kim Ludbrook-Pool via REUTERS

South Africa signs J&J vaccine deal, eases restrictions

South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday.
Manchester United’s Norwegian manager Ole Gunnar Solskjaer (L) congratulates players on the pitch after the English Premier League football match between Chelsea and Manchester United at Stamford Bridge in London on February 28, 2021. – The game finished 0-0. (Photo by Ian Walton / POOL / AFP)

Manchester United rages at penalty talk as team draw another blank

Ole Gunnar Solskjaer believes Manchester United are being negatively influenced by opposition managers referring to their penalty record after being denied a spot-kick in a 0-0 draw at Chelsea on Sunday.
Gov. Bello Matawalle of Zamfara has said that construction work on the Gusau Airport project would commence this month.

Zamfara governor: Abducted schoolgirls will be released soon

Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.

Primate Ayodele: President Buhari has broken Nigeria’s unity

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
NANS National President, Comrade Sunday Asefon

NANS asks Nigerian government to declare abductors of students terrorists

Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.

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The president of the Christian Association of Nigeria (CAN), Samson Ayokunle, says he stands by the call for a Christian president to emerge in 2023.

Boko Haram: Rescue of Pastor Yakuru, others will be litmus test for new service...

The Christian Association of Nigeria (CAN) has said securing the freedom of Pastor Bulus Yakuru, and other Boko Haram captives will be a litmus test for the new Service Chiefs, saying the world is watching to see whether they will live up to expectations or not.
(FILES) In this file photo taken on August 19, 2019 Pigs are pictured at Poetterhof, a species-appropriate pig farm in Brueggen, western Germany. – The Philippines on Monday reported its first cases of African swine fever, becoming the latest country hit by the disease that has killed pigs from Slovakia to China, pushing up pork prices worldwide. (Photo by INA FASSBENDER / AFP)

African swine fever detected in South Africa’s Western Cape

South Africa’s Western Cape region has reported its first cases of African swine fever at two small farms, after outbreaks in other parts of the country, the provincial head of agriculture said.
International Olympic Committee (IOC) vice president and chairman of the Coordination Commission for Tokyo 2020, John Coates speaks during a press conference in Tokyo on September 12, 2018. The International Olympic Committee (IOC) threw its weight behind calls by Japanese organisers to implement daylight savings time at the 2020 Tokyo Olympics as concerns mount over athlete safety. / AFP PHOTO / Behrouz MEHRI

IOC deputy chief: Vaccines ‘encouraged’ but not compulsory for athletes at Tokyo

Athletes are being encouraged to get vaccinated against COVID-19 ahead of the Tokyo Olympics but it will not be compulsory, IOC Vice President John Coates said on Thursday.
Former President, Chief Olusegun Obasanjo, has tasked the Kogi State Governor Alhaji Yahaya Bello on the need to sustain his current onslaught against criminality in the state.

Ex-President Obasanjo urges Bello to sustain fight against criminality

Former President, Chief Olusegun Obasanjo, has tasked the Kogi State Governor Alhaji Yahaya Bello on the need to sustain his current onslaught against criminality in the state.

Isa Yuguda: Nigerian government is supporting agric, it must subsidise herdsmen’s businesses

A former Bauchi State governor, Isa Yuguda, has stated that Nigeria has treated Fulani people unfairly, pointing out that for the herders crisis across the country to be addressed, justice must be done to them.