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CBN: Nigeria’s financial inclusion rate now 63.2 percent

The bank said this in the 2018 Annual Report on the National Financial Inclusion Strategy Implementation posted on its website.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

World Bank, AfDB to give Ekiti $100 million loan to build airport, others

The Ekiti State Government has finally expressed its readiness to build an airport facility as part of efforts to attract investors to the state and make it the economic hub in all facets.

Akwa Ibom teachers warn governor, say they won’t tolerate further humiliation

Teachers in Akwa Ibom State have issued a warning to the state government that they, especially their younger colleagues would no longer tolerate the current humiliating treatment they were being given, if they are expecting to continue in the teaching profession.
Jordan's government said it has reached a pay deal with the teachers union to end a one-month strike, the country's longest public sector strike that disrupted schooling for more than 1.5 million students.

Teachers end four-week strike in pay deal with government

Jordan's government said it has reached a pay deal with the teachers union to end a one-month strike, the country's longest public sector strike that disrupted schooling for more than 1.5 million students.
Lagos State Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, says Governor Babajide Sanwo-Olu is committed on actualising the vision of making Lagos one of the top five African cities of choice to invest, live, work and recreate as a tourist destination.

Governor Sanwo-Olu committed to making Lagos rank among top five cities – commissioner

Lagos State Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, says Governor Babajide Sanwo-Olu is committed on actualising the vision of making Lagos one of the top five African cities of choice to invest, live, work and recreate as a tourist destination.
Central Bank of Nigeria - CBN

Central bank orders private, public firms to pay salaries, taxes, pensions electronically

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to dishonour instructions on the payment of salaries, pensions, and taxes of public and private companies that are not transmitted on approved electronic payment and collection platforms.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Federal government begins deduction of N614 billion budget support funds from states

The federal government has said it will begin deduction of the N614 billion bailout funds disbursed to 35 States of the federation (excluding Lagos) under the National Budget Support Loan Facility.

Central bank to sanction banks for e-payment breach

Bank chiefs who breach Central Bank of Nigeria’s (CBNs) e-payment reporting rules, including using unapproved third party end-to-end payment solution are to face sanctions, the apex bank said on Tuesday.
Work and Pensions Secretary Amber Rudd said late Saturday that Boris Johnson is not working to secure a Brexit withdrawal agreement.

British politician resigns over premier’s handling of Brexit

A senior minister of Britain's ruling Conservative party has resigned because she does not think the prime minister is serious about creating a Brexit divorce deal.
[FILE] Conservative MP Boris Johnson leaves his home in London on June 11, 2019. – The contest to replace Theresa May as Britain’s next leader formally has begun, with candidates lining up to define themselves against the “bluff and bluster” of frontrunner Boris Johnson. (Photo by ISABEL INFANTES / AFP)

British parliament braces for showdown that could prompt snap polls

Britain’s lower house of parliament on Tuesday says it is due to return from recess with lawmakers bracing for a showdown that can lead to a snap election.
Imo State Governor, Rt Hon Emeka Ihedioha has charged the leadership of Imo State University Alumni Association to always speak truth to power and engage the Government regularly.

Imo governor criticised over plans to build 27 stadiums

An Owerri-based lawyer, Emperor Iwuala, has faulted plans by Governor Emeka Ihedioha of Imo to build 27 stadiums across the state.
kayode fayemi ekiti

Ekiti expends N3.9 billion on pension

Governor Kayode Fayemi of Ekiti state has disclosed that his administration has expended a sum of #3.9 Billion on monthly payment of pensions between October 2018 and June 2019.
Bello Matawalle | Bello Matawallen-Maradun

ALGON: Zamfara government not remitting local council funds

The Zamfara State chapter of Association of Local Governments of Nigeria (ALGON) has accused the State Government of denying Local Governments in the state of their funds remitted from the federation account in spite of the Presidential order that such funds be sent directly to the councils’ accounts.
Dapo Abiodun

Governor Abiodun: We’ll prioritise payment of salaries, deductions

OGUN State Governor Dapo Abiodun has reiterated his government’s commitment in quick payment of workers’ salaries and deductions as and when due.

Serap tells Senators Kalu, Goje, Okorocha, others to stop collecting pensions

Socio-Economic Rights and Accountability Project (SERAP) has urged all former governors now in the ninth Senate to “publicly commit to stop collecting pensions from their states while they serve as senators, return ‘pensions’ already collected to the public treasury, and push for the abolition of double emoluments laws for former governors and deputies in their states.”

Suspect: I arranged my kidnap to help my husband raise money

A middle aged woman, Mrs Yemi Samuel, on Wednesday explained that she arranged her own kidnap in order to raise money from family members to assist her husband.

Report: Emerging markets still deprived of fit-for-purpose financial systems

The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets. Policymakers, regulators and financial services organisations should more actively shape a financial system that is fit for purpose.
Emeka Ihedioha

Governor Ihedioha appoints permanent secretary as principal secretary

The Governor of Imo State, Emeka Ihedioha, has appointed, the Permanent Secretary, Establishment, Training and Pensions, Theodore Nwokonkwo, as his principal secretary.

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National Bureau of Statistics NBS

NBS: Inflation rate now 11.24 per cent

The National Bureau of Statistics (NBS) on Tuesday released the Consumer Price Index (CPI) which measures inflation with the index rising to 11.24 per cent in September.
Charles Oputa, popularly known as Charlyboy

Charly Boy set to perform at 2019 ‘Felabration’ Festival

Maverick entertainer and activist, Charles Oputa, popularly known as ‘Charly Boy’, is set to perform at the 2019 annual Felabration fiesta, a week-long celebration of the life and times Fela Anikulapo-Kuti.
The Kebbi State border operations of the Nigerian Customs Service (NCS) has seized over 379 gallons of smuggled oil, four bags of Moringa snuff, 59 bags of fertilizer and other prohibited items smuggled into Nigeria through illegal routes from neighboring countries.

Joint Customs-Miltary patrol kill alleged smuggler in Babura

A joint border patrol team of Customs and Military officers gunned down a suspected rice smuggler yesterday in the Babura Local Government Area of Jigawa State.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Absence of three defendants stalls ‘UNILAG gang-rape’ trial

The absence on Tuesday of three of the five students of the University of Lagos (UNILAG), facing trial for allegedly gang-raping a student of the institution has stalled their criminal trial.
The Speaker of the House of Representatives, Femi Gbajabiamila, has called for an improved welfare package for teachers in Nigerian as they join their colleagues globally to mark this year’s World Teachers’ Day. 8

Speaker Gbajabiamila: Nigeria better with equal representation of women in politics

Speaker, House of Representatives, Femi Gbajabiamila, has attributed the poor socio-economic and political situation in Nigeria to the inadequate participation of women in active politics.