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N6.3 billion fraud: EFCC presents more witnesses against Senator Jang

The trial of Jonah Jang, former governor of Plateau State, continued with the Economic and Financial Crimes Commission (EFCC) presenting more witnesses against him and Yusuf Gyang Pam, a cashier of the Office of the Secretary to the State Government.

MfBs push for implementation of NMP in intervention funds

The National Association of Microfinance Banks, NAMB, has called for a full implementation of the National Microfinance Policy, NMP, in the application of intervention funds.

Group praises central bank policies under Godwin Emefiele

The Coalition of Civil Society Group (COCSG) has commended the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, for implementing policies that have helped stabilise the economy.

Over 300 athletes compete in CBN Tennis Championship

No fewer than 300 athletes would compete for honours in the Central Bank of Nigeria (CBN) week-long Senior National Open Tennis championship, in Abuja.

Central bank approves N1 billion for SMEs in Niger

The Central Bank of Nigeria (CBN) has approved the release of second tranche of N1 billion from the Micro Small and Medium Enterprises Development Fund (MSMEDF) for disbursement to Small and Medium Enterprises (SMEs) in Niger State.

Lawyer: Senator Jang’s detention by EFCC is political, unconstitutional, violation of rights

Barr. Dusu informed that the EFCC dragged Jang last Friday to the Federal High Court Jos, on a 12-count charge for alleged misappropriation of N6.3 billion during his tenure as Plateau State Governor, between 2007-2015.

Niger government disburses N1 billion central bank fund to 11,587 beneficiaries

The Niger State Government on Monday commenced the disbursement of the N1 billion Central Bank of Nigeria (CBN) Micro Small and Medium Enterprises Development Fund (MSMEDF) to 11, 578 beneficiaries.

Access Bank secures $250m facility to finance MSMEs

Access Bank Plc disclosed at the weekend that it has so far secured at least $250 million from multilateral agencies for financing as low interest funds to the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the Nigerian economy.

Central bank plans revival of moribund manufacturing companies with N500 billion

Determined to significantly boost the contribution of the non-oil sector to Nigeria’s Gross Domestic Product (GDP), the Central Bank of Nigeria (CBN) has said it plans to revive moribund firms in the non-oil export business through its N500 billion export stimulation facility.

Fidelity Bank disburses N2.5 billion to 500 SMEs operators

Fidelity Bank Plc says it has disbursed the sum of N2.5 billion out of the Central Bank of Nigeria (CBN) N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF).

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President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari: Imbibing new tax culture will boost Nigeria’s economy

President Muhammadu Buhari, Tuesday in Abuja, said the Federal Government will continue to sensitize and encourage Nigerians to cultivate the culture of paying taxes by ensuring fair implementation policy and effective utilisation of resources.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arrests six Yahoo boys, recovers cars

The operatives of the Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office have arrested six `Yahoo’ boys and recovered five different models of exotic cars, laptops.

NUP directs pensioners to withdraw from verification exercise in Oyo

The Nigeria Union of Pensioners in Oyo State has directed its members to withdraw from the ongoing verification exercise in the state over the harsh environment under which the initiative was being carried out.
Nigerian Stock Exchange NSE

All-Share Index drops marginally by 0.01% in cautious trading

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.

Lagos taskforce suspends paramilitary officer for corruption

Lagos State Task Force on Tuesday said it has suspended a paramilitary officer of the Agency, by name Mr Ikuburuju Alex popularly called ‘Iku,’ for extorting money from an arrested traffic offender in Ikorodu, following complaints against the officer on the social media and subsequent investigation of the accused staff.