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Financial Inclusion

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: Nigeria far from financial inclusion target

A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial inclusion target in 2020.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE, others commit to expanding retail investment opportunities in capital market

The Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) on Monday commited to expanding retail investment opportunities in the capital market.
Vice-President Yemi Osinbajo says the Federal Government needs to revisit the National Broadcasting Commission (NBC) amendment of the broadcasting code. 2

VP Osinbajo: Nigerian government collaborating with investors to improve digital sector

Just as global Social Media and technology giant, Facebook, was informing the Federal Government about its decision to open a Nigerian office in Lagos, Vice President Yemi Osinbajo, SAN has restated the determination of the Buhari administration to keep boosting the nation’s technology sector and digital economy.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

World Identity Day: We’ll commence enrolment of IDPs soon – minister

As part of efforts to fast-track enrolment of all Nigerians, the Federal government is to commence the capturing of Internally Displaced Persons (IDPs) across the country.
The Gombe State Government has resolved to partner with the National Directorate of Employment (NDE) in the area of job creation, skills acquisition and entrepreneurial skills development.

Gombe partners NDE on job creation, skills acquisition, entrepreneurship

The Gombe State Government has resolved to partner with the National Directorate of Employment (NDE) in the area of job creation, skills acquisition and entrepreneurial skills development.

Central bank grants 9mobile service payment bank license

9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in the country.

Senate to support NDIC in protecting depositors

The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions more effectively.

Women’s Day: Women seek gender balance in governance in Plateau

As women worldwide celebrate the International Women’s Day, their counterparts in Plateau State have called for equal opportunity and gender balance to enable them contribute their quota effectively in building the society.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Governor Obaseki: Digital economy is Nigeria’s most promising alternative to oil

The Edo State Governor, Mr Godwin Obaseki has called for the adoption of smart Information and Communication Technology (ICT) tools and solutions as an alternative to oil in diversifying the Nigerian economy, warning that the country will not develop if the bulk of the country’s savings is still tied to buying foreign exchange for importation.

Central bank issues licences to 15 mobile money operators

The Central Bank of Nigeria has issued licences to 15 mobile money operators as part of its drive towards increasing financial inclusion.

Experts: Economic empowerment key to driving financial inclusion

Experts have posited that the path to sustainable inclusive growth is the key to driving financial inclusion.

Central bank targets forex earnings from artificial intelligence, software development

Briefing the media Saturday in Ogere, Ogun State, after the Bankers’ Committee Retreat, the CBN Governor, Mr Godwin Emefiele, said the initiatives are in consonance with theme of the event, ‘Delivering increasing Growth through Digital Finance for the Nigerian Economy.’
Vice-President Yemi Osinbajo stated this today while performing the ground breaking of Wagon Assembly Plant at Kajola in Ifo Local Government Area of Ogun state.

VP Osinbajo: Data mapping crucial for planning health, financial inclusion, agriculture

The scope and depth of the Geo-Referenced Infrastructure and Demographic Data for Development project also known as GRID3 will enhance Nigeria’s aspirations for financial inclusion, agricultural development and improvement in nationwide school enrollment, amongst others, according to Vice President Yemi Osinbajo.
Bill Gates

Bill Gates urges African leaders to invest more in girl-child education, health

Bill and Melinda Gates have called on African leaders to invest in quality girl-child education and health in order to achieve the sustainable development target.

MTN to deepen financial inclusion via MoMo agent

Telecoms giant, MTN, on Thursday said it is going to deepen financial inclusion with the launch of MoMo Agent in Abuja and other parts of the northern states.

Central bank urges anchor borrowers’ beneficiaries in Cross River to pay back

The Central Bank of Nigeria (CBN) has called on beneficiaries of anchor borrowers’ programme for rice production in Cross River, to pay back their loans to enable other rice farmers in the state to benefit from the programme.
Usman Shamsudeen

Capital Market: MTN listing, NNPC privatisation will spur more participation of investors – ex-minister

The proposed listing of MTN, privatisation of Nigeria National Petroleum Corporation, NNPC, and the remaining power sector privatisation will attract more participation of investors in the capital market and thus enhance financial inclusion in the country, former Minister of National Planning, Dr. Shamshudeen Usman, has said.

NIMC: Nigerians to pay for national e-ID card from 2022

The National Identity Management Commission (NIMC) says Nigerians will begin to pay for the issuance of national identity card in 2022.

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Sequel to the collapse of a school building in Ejigbo in the early hours of Saturday, the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu has directed the Ministry of Physical Planning and Urban Development to carry out integrity tests on both public and private schools with buildings of 3 floors and above.

Governor Sanwo-Olu: I have been unable to speak with President Buhari

Governor Babajide Sanwo-Olu, on Thursday, said he was yet to speak directly with President Muhammadu Buhari concerning the shooting of #EndSARS protesters in the State.

#EndSARS: Enugu government exempts essential, emergency workers from curfew

The Enugu State Government has exempted health, essential, and emergency workers from the curfew imposed on the three Local Government Areas (LGAs) that make up Enugu metropolis.
Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch.

Hollywood-backed Quibi to shutter six months after launch

Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch.

S&P cuts Zambia to default after Eurobond payment missed

S&P Global Ratings Services cut its assessment of Zambia’s debt to selective default after it said it couldn’t meet payments and skipped a coupon on its Eurobonds last week.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

#EndSARS: Nigerian stock market investors lose N113.1 billion

The Nigerian stock market could not sustain the bullish performance recorded earlier in the week as the market, Wednesday, plunged by 0.75 per cent following the curfew announced by the Lagos State as a result of the protest by Nigerian youths against police brutality, tagged #EndSARS.