-Appoints Union, Zenith, Polaris, UBA and Jaiz Banks as Primary Lending Institutions. -₦16 Billion naira, $350 Million Dollars available for Disbursement -Jamoh BY GODWIN OBI President Muhammadu Buhari, GCFR, has approved the immediate disbursement of the Cabotage Vessel Financing Fund, CVFF, to qualified Nigerians as part of the Federal Government’sContinue Reading
BY GODWIN OBI The Managing Director of NIWA Chief Dr. George Moghalu bags Honorary Doctorate Degree Award in Public Administration from Gregory University, Uturu, Abia state. Conferring the award at the 7th Convocation ceremony of the University on Saturday 10th December 2022, the Vice Chancellor of the University Prof. UwakweContinue Reading
The House of representatives has asked the Central Bank of Nigeria (CBN) to suspend the limits on weekly cash withdrawals by individuals and corporate entities. The lawmakers also summoned Godwin Emefiele, governor of te apex bank, to appear before it next Thursday over the new policy scheduled to take effectContinue Reading
– Ohanaeze, Others react BY EFE MODESTUS The Chief of Defence Staff (CDS), General Lucky Irabor, has pledged that the military would resist pressure to compromise the 2023 elections. Irabor who was the 61st guest of the Ministerial Media Briefing organised by the Presidential Communications Team, yesterday, disclosingContinue Reading
BY GODDY OBINWA The Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour ultimatum to make Premium Motor Spirit known as petrol available for Nigerians DSS Spokesman, Peter Afunanya announced the directive while briefing journalists at the headquarters of theContinue Reading
BY ADOLPHUS MADU Nigeria Employers’ Consultative Association, NECA, has expressed concerns over the N100,000 cash withdrawal limit announced by the Central Bank of Nigeria, CBN, saying there is “no gainsaying that the livelihood of many individuals and enterprise sustainability would be impacted.” Reacting to the new policy, Director-General of NECA’sContinue Reading
BY EFE MODESTUS Less than seven months after President Muhammadu Buhari signed the Proceeds of Crime (Recovery and Management) Act (POCA) into law, the Federal Government has raked in N120 billion from its anti-corruption campaign. He signed POCA into law in May. In accordance with the new law, all federalContinue Reading
BY GODDY OBINWA The 2023 presidential candidate of the Labour Party (LP), Peter Obi says Nigeria is collapsing very fast with the worsening statistics of people living in poverty. He also said only Nigerians can take back their party from the ruling class who have continued to ensure that despiteContinue Reading
BY GODDY OBI The new Second Niger Bridge will be opened to traffic on December 15. Minister of Works, Babatunde Fashola, ordered the opening of the bridge, which is 95 percent completion stage, to ease traffic during the Yuletide. Federal Controller of Works in Delta State, Mr Jimoh Olawale, whoContinue Reading
BY JAMES AKINOLA Suspected armed bandits late struck at the Arab Road Extension 2 in Kubwa district of the FCT late Tuesday, and abducted a serving Youth Corps member, one Adenike, and seven others while killing one resident. Sources said that Miss Adenike who is the only daughter of herContinue Reading