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Nigeria Deposit Insurance Commission

Senate to clampdown on Bitcoin, ponzi scheme operators

The Senate of the Federal Republic of Nigeria has expressed great concern over the widespread usage of Bitcoin, a form of Cryptocurrency and other ponzi schemes across the country.

Governor Ambode tells central bank to reduce lending rate on MSME fund

Lagos State Governor, Mr. Akinwunmi Ambode, yesterday, said it was time for the government to review policies that inhibit growth, as well as come up with an efficient low-cost financial system that will work for all Nigerian.

Nigeria must create 4 million jobs annually to ensure growth – Governor Ambode

Lagos State Governor, Mr. Akinwunmi Ambode, on Saturday said for Nigeria to meet its growth ambitions and achieve full economic potential, concerted efforts must be made to create at least four million jobs annually and as well jettison policies that stifle development.

Central bank to continue supporting financial service penetration – Godwin Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country.

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Official: South Africa’s airline to be split into 3 units

South Africa’s struggling state-owned airline is to break into three business units as part of a restructuring plan, its Chief Executive Vuyani Jarana, said on Monday.
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Gbenga Olawepo-Hashim writes INEC, seeks further extension of polls date

Third Force Presidential candidate running on the People’s Trust (PT) platform, Mr. Gbenga Olawepo-Hashim, has written the Chairman of the Independent National Electoral Commission, Professor Mahmoud Yakubu, requesting a further extension of the Presidential and National Assembly elections because the one week extension is rather too short to conclude the stated enormous logistics requirement for the polls.

Lagos RRS arrests seven suspected ‘Wazobia’ robbers

The Rapid Response Squad in the Lagos State Police Command has arrested seven suspected robbers, who belong to a group called the “Wazobia gang”.
Nicole Belloubet

France snubs Donald Trump’s appeal to repatriate ISIS fighters en masse

France will for now not act on U.S. President Donald Trump’s call for European allies to repatriate hundreds of Islamic State fighters from Syria, taking back militants on a “case-by-case” basis.

NDE trains 1,300 women, unemployed youths in Kogi

The National Directorate of Employment (NDE), in collaboration with the All Progressives Congress (APC) National Women Leader, Salamatu Umar-Eluma, gave empowerment opportunity to 1,300 unemployed youths at Anyigba in the Eastern Senatorial District of Kogi State.