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Development Finance Institutions

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.
Bala Muhammad

Bauchi governor to receive Nigerian sustainable and good governance award

For his contributions towards the achievement of the SDGs, Bauchi State Governor, Senator Bala Abdulkadir Mohammed, has been nominated among the personalities to receive the 2019/2020 Nigerian Sustainable and Good Governance Presidential Awards.

DMO explains Nigeria’s external borrowings

According to the statement, this request is not a new one as being perceived but rather it represents those borrowings which have been submitted to the National Assembly but are yet to be approved before the expiration of the 8th Assembly.
Debt Management Office (DMO)

DMO clarifies Nigeria’s external debt

The Debt Management Office (DMO) says the public debt stock of the country is a cumulative figure of borrowings by successive governments over many years.

Central bank alerts on fraudulent loan schemes

The Central Bank of Nigeria (CBN) on Monday warned loan seekers and owners of small-scale businesses to beware of fraudulent loan offers purportedly by the Federal Government.

Central bank warns against fraudulent loan offers

The Central Bank of Nigeria (CBN) has warned Nigerians to beware of fraudulent messages in the social media circles requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans provided by the Federal Government through an e-mail address ([email protected]) purportedly being handled by the Central Bank of Nigeria (CBN).

Central bank issues new guidelines mandating banks to notify customers on all transactions

New guidelines issued by the Central Bank of Nigeria (CBN) demand all commercial banks and financial institutions to promptly notify customers on all transactions on their accounts as part of their contractual obligations.

Central bank unveils new policy to capture the unbanked

The Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services.

Lai Mohammed: Federal government working to checkmate failure of public enterprises

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is implementing critical reforms and privatisation policies in key sectors of the economy to address the abysmal failure of public enterprises and halt the drain on the treasury

Lai Mohammed tasks National Assembly on expeditious passage of privatisation reform bills

The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday urged the National Assembly to expeditiously pass eight privatisation sector reform Bills pending before it.
Former Nigeria's President Olusegun Obasanjo

Olusegun Obasanjo, Jeffrey Sachs propose African education fund

Former Nigerian President Olusegun Obasanjo and development economist, Jeffrey Sacks, Saturday called for the establishment of an African fund for education as they delivered the second Babacar Ndiaye Lecture in Bali, Indonesia.

Shelter Afrique unfolds five-year new strategy, plans to downsize

Amid huge debts overhang, the troubled Pan-African housing financier dealing exclusively with the promotion of affordable housing - Shelter Afrique (SHAF) has unfolded a five-year strategy and announced plans to restructure its organization.

Fed govt to shutdown NERFUND over N17.5 billion bad loans

The Federal Government has begun plans to shutdown the National Economic Reconstruction Fund (NERFUND) over non-performance and non performing loans of over N17.5 billion.

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Governor Dapo Abiodun - Ogun Isolation Corornavirus Center 4

Ogun workers call off warning strike

Workers in Ogun State on Friday called off the warning strike they recently embarked upon.
YIAGA Africa

Edo election: YIAGA Africa deploys PVT to check credibility of election results

Barely 24 hours to the Governorship election in Edo State, Yiaga Africa, through the Watching The Vote citizens movement, has deployed its Parallel Vote Tabulation (PVT) methodology for the election.
Justice Sikiru Oyinloye of the Kwara State High Court has sentenced a 29-year-old man, Usman Muhammed, to jail for posing as a lady and using nude pictures to dupe men.

Man lands in jail for posing as female

Justice Sikiru Oyinloye of the Kwara State High Court has sentenced a 29-year-old man, Usman Muhammed, to jail for posing as a lady and using nude pictures to dupe men.
Commissioner of Police, Joseph Mukan, has called on Governor Nyesom Wike to handover former Managing Director of the Niger Delta Development Commission, Joy Nunieh, to him.

Police arrest Rivers council chair over ‘link’ with slain gang leader

The Rivers State Police Command has arrested the Chairman of Gokana Local Government Chairman, Honourable Paul Vidag Kobani, over the alleged link with the late notorious leader of a criminal gang which operated in the Ogoni communities of the State, Honest Diigbara, aka Boboski.
The Nigerian Air Force (NAF) says it has neutralised some key Boko Haram Terrorists (BHTs) leaders at Alafa Yagayaga on the fringes of the Sambisa Forest in Borno.

NAF jet bombards bandits meeting venue in Kaduna

The Defence Headquarters (DHQ) has said the Air Component of Operation THUNDER STRIKE has killed scores of bandits in Kwaimbana Forest area of Kaduna State.