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NSE launches comic book to boost financial literacy

The Nigerian Stock Exchange (NSE) on Wednesday announced the publication of the maiden edition of StockTown, a comic book aimed at promoting financial literacy in Nigeria.

Customs chief fails to appear before Senate panel again

The Comptroller General of the Nigerian Customs Service, Hameed Ali, has failed to appear before the Senate Committee on Public Accounts despite several summons.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Senators kick as accountant general fails to explain N2.9 billion IPPIS funds

The Senate Public Accounts Committee adjourned abruptly on Tuesday following the inability of the Office of the Accountant General of the Federation to give details of the Integrated Payroll and Personnel Information System.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

IMF cuts Nigeria’s economic growth forecast

The International Monetary Fund (IMF) has announced a downward review of its 2020 growth forecast for Nigeria to two per cent from the 2.5 per cent it predicted earlier.

FCTA partners with central bank to improve dairy production in Nigeria

The Federal Capital Territory Administration (FCTA) has expressed its willingness to partner with the Central Bank of Nigeria (CBN) to improve dairy production in the country.

IOM, Nigeria to partner on diaspora matters

The International Organisation for Migration (IOM) and the Nigerians in Diaspora Commission (NIDCOM) have expressed readiness to work together on Diaspora matters.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF reduces Nigeria’s 2020 growth projection to two percent

The International Monetary Fund (IMF) has revised downward its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two per cent, from the 2.5 per cent it had predicted earlier.

MAN: Central bank’s forex intervention dampens backward integration

The Manufacturers Association of Nigeria (MAN) has linked the low utilization of local raw materials in the manufacturing sector to policy intervention in the official foreign exchange (forex) market by Central Bank of Nigeria (CBN).
Julius Nwalozie Onyebuchi, alias Dr. Godwin Emefiele, the governor of Central Bank of Nigeria has been sentenced to three years imprisonment without an option of fine.

Man jailed three years for impersonating central bank governor

Julius Nwalozie Onyebuchi, alias Dr. Godwin Emefiele, the governor of Central Bank of Nigeria has been sentenced to three years imprisonment without an option of fine.
Smart Adeyemi of the All Progressives Congress (APC) Wednesday took his oath of office to represent Kogi West in the Senate.

Senate summons accountant-general, central bank over N596 billion ecological fund

The Senate, on Thursday, following an audit query from the office of the Auditor General of the Federation, summoned the Secretary to the Government of the Federation, Mr Boss Mustapha, to explain details of an ecological fund totalling N596bn.

BPE opposes power companies’ sale reversal, proposes subsidy

The Bureau of Public Enterprises has opposed the reversal of the privatisation of the country’s power sector despite calls on government from different quarters to repossess the power generation and distribution companies.

NECA hails CBN for reversal of ‘crippling policy’ on milk industry

The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from restriction on milk and dairy products importation.

Central bank to end open-air burning of naira notes; adopts recycling

The Central Bank of Nigeria (CBN) has announced its decision to stop the burning of currency notes withdrawn from circulation.

House of Reps wants probe into allocations for education

The House of Representatives has called for a proper investigation into the utilisation of funds released for Nigeria’s education sector in 2019. The house committee on basic education and services said this during a visit...

CBN approves six companies for dairy products importation

The Central Bank of Nigeria (CBN), has approved six dairy companies operating in the country for the importation of milk products and its derivatives.
WAMCO Nigeria, Chi Limited, TG Arla Dairy product Limited, Promasedor Nigeria Limited, Nestle Nigeria PLC, Integrated Dairies Limited and Friesland Campina are the six companies that have the authorization to import milk into the country

Nigeria restricts milk importation to WAMPCO, Chi, four others

WAMCO Nigeria, Chi Limited, TG Arla Dairy product Limited, Promasedor Nigeria Limited, Nestle Nigeria PLC, Integrated Dairies Limited and Friesland Campina are the six companies that have the authorization to import milk into the country
Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said.

Telecoms holds greatest promise for financial inclusion in Nigeria – NCC chief

Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said

CBN: 100 tonnes of mutilated naira notes destroyed weekly

The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through open air burning at its 12 disposal centres across the country.

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Neymar has criticised Paris Saint-Germain’s handling of his recent injury after scoring in the 2-1 defeat at Borussia Dortmund, which leaves the French club facing the prospect of another early Champions League exit.

Neymar criticises PSG injury handling after Borussia Dortmund defeat

Neymar has criticised Paris Saint-Germain’s handling of his recent injury after scoring in the 2-1 defeat at Borussia Dortmund, which leaves the French club facing the prospect of another early Champions League exit.
A new Chinese coronavirus, a cousin of the SARS virus, has infected hundreds since the outbreak began in Wuhan, China, in December.

Coronavirus: New research places Nigeria among high risk African countries

The study suggested other countries – among them Nigeria, Ethiopia, Sudan, Angola, Tanzania, Ghana and Kenya – would all need support with detecting and handling imported cases of the coronavirus.
Ignace Sossou quoted on his Facebook and Twitter pages comments made by Benin’s public prosecutor Mario Metonou at a media event to discuss fake news on December 17.

Facebook sued by US for $9 billion in unpaid taxes

That lawsuit went to trial in a San Francisco court on Tuesday, and the crux of the case is a 2010 deal between Facebook and an Irish subsidiary it uses to shuffle money around internationally. The IRS alleges Facebook undervalued the intellectual property it sold to the subsidiary, thereby dodging billions in taxes.
Lionel Messi, who did not score or provide an assist for the first time in a home Champions League group game since 2012, struck the bar and had the best of Barca’s six shots on target.

Lionel Messi speaks out after Barcelona social media scandal

Lionel Messi, in an interview with Mundo Deportivo, has spoken publicly for the first time since reports emerged that Barcelona hired PR firm I3 Ventures for their social media channels which were aimed at tarnishing the images of Gerard Piqué, Messi himself and others associated with the club.
The Buhari Media Organisation (BMO) says President Muhammadu Buhari’s administration will not implement policies that will affect the existence of the poor while raising revenue to fund the nation’s infrastructure projects.

BMO: President Buhari fully in-charge of critical affairs of government

The Buhari Media Organisation (BMO), says President Muhammadu Buhari is “fully in charge of critical affairs of government” in the country