Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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How Micro-insurance Can Deepen Financial Inclusion In Nigeria-CBN
The Central Bank of Nigeria and other stakeholders in the nation’s financial sector,have advocated the need for partnership among microfinance banks to promote the expansion of micro-insurance as a tool for deepening
Shareholders Urge Actions Against Insider Abuse In Banks
Shareholders of First Bank of Nigeria Limited, have tasked the Central Bank of Nigeria (CBN) on policies that would guard against insider-related borrowings by bank directors in the industry. Dr Farouk Umar,
Loans:Honeywell Writes First Bank
The Honeywell group has said that the loans it incurred on First Bank were being serviced. The group also said its loan obligation to the bank had come down by thirty percent
FG Explains Planned Sale Of 5 NIPP Gencos To Investors
The Bureau of Public Enterprises (BPE) has invited prospective investors to express interest in buying 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power
COVID-19 : FG Stops Brazil, Turkey, India Travellers
The Federal Government has banned passengers who have visited Brazil, Turkey and India in the last 14 days from entering Nigeria. Nigerians should also avoid visiting the countries except for very essential
Insecurity:Electricity Workers Dying In Droves-Union
The National Union of Electricity Employees (NUEE),has expressed concern over rising death of members on account of general insecurity in the country. Joe Ajaero,the General Secretary,who conveyed this concern in Abuja,said the
IMF Ready To Offer Nigeria More Loans
The International Monetary Fund (IMF), says it would give Nigeria and other third world countries more loans to enable them them speedy recovery from the debilitating effects of the COVID-19 pandemic. Gita
Managing Insecurity in Nigeria.
By Kayode Olasekun. Crime, according to traditional theorists is caused by three factors-poverty, ethnic heterogeneity and residential mobility, single parenting,structural density and urbanization. Suffice to say that these factors increase social integration,
Buhari Excites Over Ogunsanya’s Appointment As Airtel Africa Boss
Meanwhile, the elevation of Ogunsanya to MD/CEO of Airtel Africa Plc, has received plaudits from President Muhammadu Buhari, has hailed the appointment of Olusegun Ogunsanya, as the Managing Director and CEO Airtel
Power Minister Promises Increased Efficiency,Tariff Reduction
Engr. Sale Mamman, the Minister of Power, has implored Nigerians to expect an increase efficiency in the sector to reduce tariffs while managing headwinds from foreign exchange and inflation. He also dismissed
