Bank of Industry

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.

In its bid to increase food production and create employment opportunities for the teeming youths, the Ogun State Government has kicked off its Broiler Empowerment Program with the delivery of 54, 000 day-old chicks for 54 beneficiaries.

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.