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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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Godwin Obaseki

Group backs Edo government on sustainable peace initiatives

A Non-Governmental Organisation (NGO), the Royal Ambassador Organisation of Nigeria, has declared support for the Governor Godwin Obaseki-led administration’s policies and programmes, targeted at ensuring sustainable peace across Edo.
Barely one week after it was presented by Governor Nyesom Wike, the Rivers State House of Assembly has passed the 2020 Budget of N530,813,357,619.00 for the sustained development of the state.

Rivers to ensure commercial motorists use state’s official colours

Rivers State House of Assembly has begun moves to ensure commercial bus and taxis are painted in the Rivers official colours.
Gov. Udom Emmanuel of Akwa Ibom state has sued for a more mutually beneficial relationship between ExxonMobil, the host communities and the state government.

Governor Emmanuel charges Exxonmobil on stronger collaboration

Gov. Udom Emmanuel of Akwa Ibom state has sued for a more mutually beneficial relationship between ExxonMobil, the host communities and the state government.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC witness says JAMB officer, boss failed to remit N36.5 million revenue

An EFCC witness, Stanley Ani, on Tuesday told an FCT High Court, N36.5 million was not remitted to the Joint Admission and Matriculation Board (JAMB) as revenue.
President Donald Trump speaks during a meeting in the Oval Office of the White House, in Washington, Dec. 17, 2019. President Donald Trump speaks during a meeting in the Oval Office of the White House, in Washington, Dec. 17, 2019.

Donald Trump to place travel restrictions on Nigeria, six others

United State President Donald Trump is planning to place travel restrictions to Nigeria and other six African and Asian countries, the Wall Street Journal reported.