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DBN reaffirms commitment to environmental sustainability

The Development Bank of Nigeria (DBN) has reaffirmed its commitment to environmental sustainability, pledging to entrench positive practices in its operations and among its stakeholders.
FILE PHOTO - An Iranian soldier stands guard inside the Natanz uranium enrichment facility, 322km (200 miles) south of Iran's capital Tehran March 9, 2006.REUTERS-Raheb Homavandi

Iran says nuclear talks policy won’t change after presidential vote

Iran’s policy in talks with world powers to revive the 2015 nuclear accord will remain unchanged after a June 18 presidential election because the issue is decided by its highest leadership, a government spokesman said on Tuesday.
A new report by the World Bank has indicated that the execution of major infrastructural projects in Nigeria was being driven by foreign sponsors.

World Bank: Nigeria has world’s largest electricity access deficit

The World Bank has ranked Nigeria as the world’s worst country in terms of people without electricity access.

NEXIM bank to address dearth of bankable projects

Managing Director, Nigerian Export-Import Bank (NEXIM), Mr. Abubakar Abba Bello, has said that the bank is set to address the dearth of bankable projects and to increase flow of funds to small and medium enterprises (SMEs).
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.

CBN increases forex allocation to banks

The Central Bank of Nigeria (CBN) yesterday announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking forex for travel allowances, payment of tuition and medical fees, among other invisibles.
Nigeria's national electricity grid collapsed on Sunday, the Transmission Company of Nigeria (TCN) said in a statement. Power outages in Nigeria, the most populous nation in Africa, are common, but a system collapse is unusual.

Power generation falls to 3,223MW as gas shortage persists

Power supply in Nigeria continued to struggle as grid generation fell to 3,223 mega watts as at 2pm on Sunday, as gas supply shortage to power plants showed no sign of abating.
A member of the National Guard stands guard ahead of midterm elections in Nahuatzen, Mexico, June 5, 2021. REUTERS-Alan Ortega

Mexicans vote in midterm elections seen as referendum on president

Mexicans headed to the polls on Sunday to vote for a new lower house of Congress, state governors and local lawmakers, in a race seen as a referendum on President Andres Manuel Lopez Obrador's policies and efforts to shake up Mexico's institutions.
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.

Experts laud CBN financial discipline in power sector, decry poor service

Energy experts have described the financial discipline introduced by the Central Bank of Nigeria (CBN) in the electricity industry as a result-oriented and driver of transparency in revenue collection in the sector.
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World Environment Day: FCMB restates commitment to environmental sustainability; expands support to renewable energy...

First City Monument Bank (FCMB), has re-assured that it will continue to champion, execute and support initiatives that would enhance the ecosystem, as well as tackle some of the adverse effects of climate change and other challenges facing the environment. According to the Bank, this is in recognition of the fact that a cleaner and more sustainable environment is key to building a better world for present and future generations.
A new report by the World Bank has indicated that the execution of major infrastructural projects in Nigeria was being driven by foreign sponsors.

World Bank pauses Mali payments after coup

The World Bank said on Friday it had temporarily paused payments to operations in Mali after the military seized power last week from the transitional president and prime minister.
Nigerian mobile network operators have threatened to discontinue the use of Unstructured Supplementary Service Data (USSD) short code service by some banks effective Monday March 15, 2021 over N42 billion debt owed them.

Nigerian banks begin N6.98 deduction on USSD transactions

Bank customers using the unstructured supplementary service data (USSD) payment channels will now pay a flat fee of N6.98 per transaction — replacing the current N4.89 session billing structure.
The Commissioner of Police in Rivers, Friday Eboka, dissolved a special police tactical unit code-named Eagle Crack Squad on Friday.

Police arrest lady, others for robbery in Rivers

Rivers State Police Command has arrested a three-member robbery gang that specialises in robbing unsuspecting members of the public of their belongings in Port Harcourt.
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.

CBN: No bank loans for environment destroyers

Henceforth, any organisation or individual seeking bank loans will provide sufficient evidence that the facility will be channelled into a venture that will not pollute or harm the environment in any way.

CBN to empower cultivation of 80,000 hectares of cotton – governor

Mr Godwin Emefiele, Gov. of CBN says the bank aims at empowering the cultivation of 80, 000 hectares of cotton in 2021.
Borno State Governor, Professor Babagana Umara Zulum, on Sunday, admitted that the dreaded Islamic sect, Boko Haram exists in many parts of the state and are threat to over six million people in the state.

Borno governor: Why we’re closing IDP camps

Increasing prostitution and aid racketeering among Internally Displaced Persons (IDPs) are some of the issues that have compelled the Borno State Government to commence the closing of camps for displaced victims of the northeastern insurgency, Governor Babagana Zulum has said.

First Bank South-east branches remain open for business

First Bank of Nigeria Limited has debunked reports that its branches in the South-East part of the country have been closed due to the rising insecurity in the region.

President Buhari sacks NSITF chief, 12 others

President Muhammadu Buhari has removed the Managing Director of the Nigeria Social Insurance Trust Fund (NSITF) Bayo Somefun, along with 12 top management staff of the organisation.

Foreign portfolio investors pressure external reserves

Nigeria’s external reserves fell by 1.7 per cent, month-on-month (MoM) to $34.27 billion in May, the lowest level since May last year.
Empty streets, deserted roads, closed shops and business premises characterised the observance of the 2021 Biafra Day in Umuahia, the capital city and Aba, the commercial nerve centre of Abia State on Monday.

IPOB sit-at-home: South-east grounded as residents comply with order

The annual sit-at-home order, according to IPOB, is to honour fallen heroes of the Biafra in the 30-month civil war with Nigeria and those killed by security forces in the ongoing crackdown on separatist agitators.
Union Bank of Nigeria (“UBN”) was established in 1917 and is one of Nigeria’s long-standing and most respected financial institutions, offering a portfolio of banking services to individuals, SMEs, commercial and corporate clients.

Union Bank: We supported coronavirus fight with N350 million

The Chief Executive Officer of Union Bank of Nigeria Plc, Mr. Emeka Okonkwo, has disclosed that the bank released N350 million to the fight against the spread of COVID-19 in Nigeria in 2020.
FILE PHOTO - Former Ivory Coast President Laurent Gbagbo appears before the International Criminal Court in The Hague, Netherlands March 31, 2021. ICC-CPI-Handout via REUTERS

Laurent Gbagbo plans to return home to Ivory Coast on June 17

Former Ivory Coast President Laurent Gbagbo plans to return home on June 17 following his acquittal on charges of crimes against humanity at the International Criminal Court, his party said on Monday.

Chukwuma Soludo: My governorship ambition beyond transforming Anambra

A former Central Bank of Nigeria (CBN) governor who is aspiring to become governor of Anambra State on the platform of the All Progressives Grand Alliance (APGA) in the November 6 election, Professor Chukwuma Soludo, has promised that if elected, he would not only transform Anambra State into a conducive environment for great indigenous entrepreneurs to relocate home, but extend same to the whole of South East region.

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UEFA president Aleksander Ceferin can see “no way” that Liverpool could finish the season without the Premier League title.

UEFA scrap away goals rule in club competitions

UEFA has abolished the away goals rule for all of its club competitions from next season.
Super Eagles striker, Victor Osimhen, is warming-up his engine in Lagos by playing regularly with local footballers in the community.

Osimhen aims to return to Napoli in top shape, keeps fit with local footballers

Super Eagles striker, Victor Osimhen, is warming-up his engine in Lagos by playing regularly with local footballers in the community.
Aston Villa captain, Jack Grealish, has called on the Premier League to continue.

Manchester City to confirm Jack Grealish transfer after Euro 2020

Jack Grealish's stock in the footballing world has been on the rise for quite some time now.
BBNaija reunion on Thursday night witnessed a brawl as two female housemates, Kaisha and Lucy, engaged in a physical fight.

BBNaija: Kaisha and Lucy get physical at reunion

BBNaija reunion on Thursday night witnessed a brawl as two female housemates, Kaisha and Lucy, engaged in a physical fight.
Staff members of Apple Daily and its publisher Next Digital pose with the final edition of Apple Daily at its headquarters in Hong Kong, China June 24, 2021. REUTERS-Tyrone Siu

China dismisses concern for Hong Kong freedom after tabloid closure

China's foreign ministry on Friday rejected comments by U.S. President Joe Biden that the closure of Hong Kong's Apple Daily newspaper signaled intensifying repression by Beijing in the semi-autonomous city.

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Governor Abdulrahman Abdulrazaq of Kwara State

Kwara donates patrol vehicles, bulletproof vests to security agencies

The Kwara State Governor, AbdulRahman AbdulRazaq, has presented 20 new patrol vehicles and dozens of bulletproof vests to security agencies in the state, a gesture meant to strengthen rapid response, curb crimes and make the state safer.
France forward Olivier Giroud has denied reports circulating in social media that he has a rift with fellow teammate, Karim Benzema.

Euro 2020: I’ve no rift with Karim Benzema – Olivier Giroud

France forward Olivier Giroud has denied reports circulating in social media that he has a rift with fellow teammate, Karim Benzema.
The Nigeria Investment Promotion Commission (NIPC) has restated its commitment toward promoting Nigeria’s investment opportunities.

Auditor General’s report accuses NIPC of spending N4.9 billion in four years without due...

The Office of the Auditor-General of the Federation has accused the management of Nigeria Investment Promotion Commission (NIPC), led by the Executive Secretary, Yewande Sadiku, of unlawfully spending the sum of N4.97 billion within four years
Nigeria Customs Service (NCS) has listed some communities inKwara and Niger as notorious for smuggling activities over the years.

Badagry: Secondary school student shot dead in clash with rice smugglers

An SS3 student was shot dead during a clash between security operatives of the Joint Border Patrol Team (JBPT) and suspected rice smugglers at Irosu village near Badagry on Saturday.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: Fire incident on Lagos-Ibadan expressway caused by tanker explosion

The Ogun State Police Command has urged the public to ignore insinuations that the fire that gutted no fewer than seven trailers on the Kara Market portion of Lagos-Ibadan expressway was as a result of an ethnic clash.