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National Collateral Registry

The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

Federal government pledges support for SMEs to grow

Vice President Yemi Osinbajo on Monday in Abuja, reiterated Federal Government’s commitment to provide Micro, Small and Medium Enterprises (MSMEs) with the needed support to grow.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank’s collateral-free loan targets 30, 000 MSMEs in 2019

Access Bank Plc is offering collateral-free financing support targeting 30, 000 Micro, Small, and Medium Enterprises (MSMEs) this year alone.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank: We granted N37 billion in loans to SMEs in 2018

Access Bank Plc has said it granted up to N37 billion in loans to its Small and Medium Enterprises (SMEs) customers in 2018.

NIRSAL secures fresh N4.5 billion from three banks for farmers

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.
Nigeria’s Vice president Yemi Osinbajo has debunked rumours stating he has resigned his position as the nation’s vice president.

VP Osinbajo: Federal government implements 140 reforms on ease of doing business

Vice President Yemi Osinbajo says that the Federal Government has implemented no fewer than 140 reforms on ease of doing business in the past three years.

Central bank predicts boost in credit with moveable collateral

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday stated that given that the inherent risks in granting loans to Micro Small and Medium Enterprises (MSMEs) by banks is now reduced tremendously through the introduction of the National Collateral Registry (NCR), small businesses will now be able not only to access credit but also access such at reasonable rates.

Godwin Emefiele: Nigeria has achieved food imports reduction, saved $21 billion in 34 months

The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018.

Nigeria’s external reserves will hit $40bn in 2018 – central bank chief

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has predicted that the nation’s external reserves will hit $40bn in 2018.

Policy options for sustaining Nigeria’s economic upturn

Plummeting stock market indicators, sustained net capital outflows and poor doing business indicators all characterized our economy when I gave my speech last year.

Nigeria to reduce financial exclusiveness to 20% by 2020 – Godwin Emefiele

Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has given the assurance that Nigeria will strive hard to meet the target of reducing the number of Nigerians not captured by the banking sector to 20 per cent by 2020.

360,000 Nigerian youth to get jobs through new agric scheme – CBN chief Emefiele

About 360,000 jobs for Nigerian youth will soon be achieved through the Accelerated Agricultural Development Scheme, AADS, the Central Bank of Nigeria, CBN, governor, Godwin Emefiele has said

President Buhari’s 360,000 jobs for youths ready soon – Godwin Emefiele

Central Bank of Nigeria Governor, Mr Godwin Emefiele, has explained how President Muhammadu Buhari’s promise to provide 360,000 jobs for youths nationwide, will be actualised.

CBN: 20,684 assets valued at N392bn on collateral registry

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has revealed that movable assets valued at N392 billion have been registered on the National Collateral Register (NCR) as at August 24, 2017.

Bank credit to private sector rises to N22.2trn

Banking sector credit to the private sector increased year-on-year to N22.172 trillion at the end of July 2017, compared with the N21.978 trillion it stood at the end of June 2017.

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Gov. Oluwarotimi Akeredolu of Ondo State has directed public primary and secondary schools submerged by flood in the state to proceed on three weeks’ holiday from Monday.

Ondo denies unconditional release of monarch from prison

Ondo State Government has denied a report that the embattled monarch of Ayetoro town in Ilaje Local Government of the state, Olorunmbe Ojagbohunmi, had been released from the prison unconditionally.
Ibrahim Magu . EFCC

EFCC chief laments widening corrupt practices in Nigeria

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, Tuesday lamented the widening scourge of corrupt practices pervading the country.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti pensioners hail governor for improved welfare in one year

Pensioners in Ekiti State have described the first year of Governor Kayode Fayemi in office as a “huge blessing to them” in terms of better welfare package.

Nigeria Police poorest paid in Africa – ex-PSC chief

Former Chairman of Police Service Commission, Chief Simon Okeke, has described the nation’s police officers as the poorest paid in Africa amidst risks taken in the line of duties.
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 confirms arrest of Instagram celebrity

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular Instagram celebrity, Ismaila Mustapha popularly known as ‘Mompha.’