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Akwa Ibom State Government is yet to implement the recommendations of the post coronavirus economic reconstruction committee report submitted several months to governor Udom Emmanuel.
The Chairman Senate Committee on Banking Insurance and other Financial Institutions, Uba Sani, has said that his committee and the Asset Management Corporation of Nigeria (AMCON) have identified the strategies being employed by debtors to stall the repayment of loans, including the dragging of court cases for many years.
The House of Representatives Committee on Finance has asked the Budget Office of the Federation to deduct the balances of under remittances from allocation from defaulting agencies of government.
The House of Representatives joint committee on Finance, Appropriation, National planning and Economic Development and Aids, Loans and Debts Management yesterday received with shock that the Corporate Affairs Commission, CAC, remitted less than two percent of billions generated in three years to Federal coffers.
Minister of Justice and Attorney General of the Federation, Abubakar Malami, today joined Minister of Transportation, Rt Hon. Chibuike Rotimi Amaechi, to set the records straight on Nigeria’s sovereignty not being at risk in the country’s loan agreements with China.
Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is specially designed by the bank to financially empower female business owners and entrepreneurs in the country.
FIFA’s groundbreaking COVID‑19 Relief Plan reached a major milestone as the Bureau of the FIFA Council approved the plan’s regulations.
The Premier League has confirmed that the summer transfer window for 2020 will take place between July 25 and October 5.
Kano State Public Complaints and Anti-Corruption Commission has detained leaders of Rice Farmers Association of Nigeria (RIFAN), Kano chapter, for alleged misappropriation of N10bn Federal government financial Intervention meant for rice farmers in Kano.
An NGO, the Amaka Chiwuike Uba Foundation (ACUF), has urged the Federal Government to lay emphasis on credibility and high performance of the 2020 Revised Budget as a catalyst for infrastructure development.
A coronavirus relief plan for world football which could cost up to £1.2 billion ($1.5bn) has been announced by FIFA.
A chieftain of the Peoples Democratic Party, PDP, Alhaji Bibi Dogo, says the immediate past governor of Bauchi State, Governor Mohammed Abdullahi Abubakar, must account for over N321 billion naira he allegedly collected within the first 31 months of his administration.
Lagos State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, said the Lagos State Employment Trust Fund (LSETF) has supported 2,204 businesses to expand with the aim of reducing unemployment in the state.
Lenders in the East African nation have so far restructured 81.7 billion shillings in loans since the central bank allowed them to offer relief to distressed borrowers on March 18, the central bank said last week.
The leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, yesterday, kicked against further lending by foreign lenders to the Nigerian government, saying it breaches the organic law of Nigeria.
Kenya’s third largest bank by assets, NCBA, has pulled its final dividend for last year of 1.50 shillings per share due to the coronavirus crisis, becoming the first lender in the East African nation to do so.
Absa Kenya has restructured 8.3 billion shillings ($78.41 million) of loans, equivalent to about 4.25% of its net loans at the end of last year, as it seeks to cushion customers who have been hit by the coronavirus crisis, it said on Monday.
The Lagos State government said it would investigate reports of shootings at the Lekki Toll plaza, which followed the 24-hour curfew imposed to stop criminals hiding under the #ENDSARS protests to unleash mayhem on innocent citizens.
Former United States presidential candidate, Hillary Clinton, has made a public appeal to Nigeria's President Muhammadu Buhari to end the killing of peaceful protesters.
Manchester United's victory against PSG in the Champions League has seen the club win 10 consecutive away games for the first time in their history.
Netflix seems to be on a cancelation streak as of late, and the science fiction space drama Away is the streaming service’s latest victim.
The Kano State Government, says it has begun the distribution of instructional materials worth over N1.5 billion to primary and junior secondary schools in the 44 Local Government Areas of the state.
Mesut Ozil will not be included in Arsenal’s 25-man Premier League squad, which has to be submitted by Tuesday afternoon.
Palpable tension now hovers around Lagos State metropolis as suspected members of various secret cult gangs and thugs are said to have hijacked the ongoing #EndSARS protests to unleash terror in various communities in the state.
The Police Command in Oyo State on Tuesday confirmed the burning of the Ojoo Police Station by hoodlums who hijacked the EndSARS protest in Ibadan.
The governor’s announcement, unprecedented outside pandemic declaration, came a day after the his counterpart in Edo State Godwin Obaseki asked all residents to stay indoors following two jailbreaks in Benin.
Ole Gunnar Solskjaer surprised Bruno Fernandes at a joint media conference by announcing he would captain Manchester United against PSG.